ORTHODONTIC CLINICS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ORTHODONTIC CLINICS
Largest movements
- Tangible fixed assets +€1.6m
up €1.6m (+150%), from €1.0m to €2.6m
of which Land and buildings: +€1.6m
- Receivables within one year -€598,643
down €598,643 (-63.9%), from €936,229 to €337,586
of which Other amounts receivable: -€593,644
- Cash +€200,374
up €200,374 (+500%), from €40,100 to €240,473
mainly Receivables within one year (+€598,643) and Other debts (+€566,822)
- Receivables after one year -€160,907
down €160,907 (-17.7%), from €910,416 to €749,509
- Other debts +€566,822
up €566,822 (+6,422%), from €8,827 to €575,649
- Reserves +€345,714
up €345,714 (+23.6%), from €1.5m to €1.8m
of which Distributable reserves: +€371,509
- Short-term financial debts +€60,000
up €60,000 (+474%), from €12,666 to €72,666
- Gross operating margin -€844,023
down €844,023 (-59.1%), from €1.4m to €584,597
- Taxes +€117,355
up €117,355 (+675%), from €17,397 to €134,753
- Financial charges +€47,674
up €47,674 (+909%), from €5,244 to €52,918
- Depreciation +€46,404
up €46,404 (+92.3%), from €50,268 to €96,672
- Staff costs +€25,158
no longer reported in 2025 (was -€25,158)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,944,578 | €3,934,261 | +€989,682 | +33.6% |
| Fixed assets | 21/28 | €1,039,716 | €2,604,003 | +€1.6m | +150% |
| Intangible fixed assets | 21 | - | €6,160 | +€6,160 | |
| Tangible fixed assets | 22/27 | €1,038,104 | €2,597,842 | +€1.6m | +150% |
| Land and buildings | 22 | €956,883 | €2,533,602 | +€1.6m | +165% |
| Furniture and vehicles | 24 | €60,551 | €44,056 | -€16,495 | -27.2% |
| Other tangible fixed assets | 26 | €20,670 | €20,184 | -€486 | -2.4% |
| Financial fixed assets | 28 | €1,612 | - | -€1,612 | |
| Current assets | 29/58 | €1,904,862 | €1,330,258 | -€574,604 | -30.2% |
| Amounts receivable after more than one year | 29 | €910,416 | €749,509 | -€160,907 | -17.7% |
| Other amounts receivable | 291 | €910,416 | €749,509 | -€160,907 | -17.7% |
| Stocks and contracts in progress | 3 | €14,250 | - | -€14,250 | |
| Stocks | 30/36 | €14,250 | - | -€14,250 | |
| Amounts receivable within one year | 40/41 | €936,229 | €337,586 | -€598,643 | -63.9% |
| Trade receivables | 40 | €6,997 | €1,998 | -€4,999 | -71.4% |
| Other amounts receivable | 41 | €929,232 | €335,588 | -€593,644 | -63.9% |
| Cash at bank and in hand | 54/58 | €40,100 | €240,473 | +€200,374 | +500% |
| Deferred charges and accrued income | 490/1 | €3,868 | €2,690 | -€1,178 | -30.5% |
| Total equity and liabilities | 10/49 | €2,944,578 | €3,934,261 | +€989,682 | +33.6% |
| Equity | 10/15 | €2,426,843 | €2,772,557 | +€345,714 | +14.2% |
| Contributions | 10/11 | €963,600 | €963,600 | = | 0.0% |
| Reserves | 13 | €1,463,243 | €1,808,957 | +€345,714 | +23.6% |
| Tax-exempt reserves | 132 | €1,065,910 | €1,040,115 | -€25,795 | -2.4% |
| Distributable reserves | 133 | €397,333 | €768,842 | +€371,509 | +93.5% |
| Provisions and deferred taxes | 16 | €356,805 | €348,206 | -€8,598 | -2.4% |
| Deferred taxes | 168 | €356,805 | €348,206 | -€8,598 | -2.4% |
| Amounts payable | 17/49 | €160,930 | €813,498 | +€652,567 | +405% |
| Amounts payable within one year | 42/48 | €160,930 | €813,498 | +€652,567 | +405% |
| Financial debts | 43 | €12,666 | €72,666 | +€60,000 | +474% |
| Credit institutions | 430/8 | €12,666 | €72,666 | +€60,000 | +474% |
| Trade debts | 44 | €110,444 | €140,430 | +€29,986 | +27.2% |
| Suppliers | 440/4 | €110,444 | €140,430 | +€29,986 | +27.2% |
| Taxes, remuneration and social security | 45 | €28,994 | €24,753 | -€4,241 | -14.6% |
| Taxes | 450/3 | €28,994 | €24,753 | -€4,241 | -14.6% |
| Other amounts payable | 47/48 | €8,827 | €575,649 | +€566,822 | +6,422% |
| Non-recurring operating income | 76A | €1,458,275 | - | -€1.5m | |
| Remuneration, social security and pensions | 62 | -€25,158 | - | +€25,158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,268 | €96,672 | +€46,404 | +92.3% |
| Other operating charges | 640/8 | €2,691 | €5,623 | +€2,932 | +109% |
| Gross operating margin | 9900 | €1,428,619 | €584,597 | -€844,023 | -59.1% |
| Operating profit (loss) | 9901 | €1,400,819 | €482,302 | -€918,517 | -65.6% |
| Financial income | 75/76B | €52,968 | €42,483 | -€10,485 | -19.8% |
| Recurring financial income | 75 | €52,968 | €42,483 | -€10,485 | -19.8% |
| Financial charges | 65/66B | €5,244 | €52,918 | +€47,674 | +909% |
| Recurring financial charges | 65 | €5,244 | €52,918 | +€47,674 | +909% |
| Profit (loss) for the period before taxes | 9903 | €1,448,543 | €471,868 | -€976,675 | -67.4% |
| Transfer from deferred taxes | 780 | €1,126 | €8,598 | +€7,472 | +664% |
| Transfer to deferred taxes | 680 | €356,805 | - | -€356,805 | |
| Income taxes | 67/77 | €17,397 | €134,753 | +€117,355 | +675% |
| Profit (loss) for the period | 9904 | €1,075,467 | €345,714 | -€729,753 | -67.9% |
| Transfer from tax-exempt reserves | 789 | €3,378 | €25,795 | +€22,417 | +664% |
| Transfer to tax-exempt reserves | 689 | €1,070,414 | - | -€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €8,431 | €371,509 | +€363,078 | +4,307% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.