PAC DENTAL: 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.
PAC DENTAL
Largest movements
- Cash -€63,371
down €63,371 (-26.0%), from €243,643 to €180,272
mainly Net result for the year (-€95,423) and Debts after one year (-€23,144)
- Tangible fixed assets -€39,031
down €39,031 (-9.9%), from €392,655 to €353,624
of which Land and buildings: -€29,660
- Profit (loss) carried forward -€95,423
down €95,423 (-354%), from -€26,955 to -€122,378
- Other debts +€25,335
up €25,335 (+55.3%), from €45,798 to €71,133
- Debts after one year -€23,144
down €23,144 (-10.5%), from €221,066 to €197,922
- Tax, wage and social debts -€10,494
down €10,494 (-95.2%), from €11,021 to €528
of which Taxes: -€7,494
- Gross operating margin +€5,500
up €5,500 (+11.8%), from -€46,489 to -€40,989
- Financial charges +€5,157
up €5,157 (+112%), from €4,611 to €9,768
- Financial income -€2,567
down €2,567 (-100%), from €2,567 to €0
- Taxes -€1,746
down €1,746 (-100%), from €1,746 to €0
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 | €638,088 | €536,946 | -€101,142 | -15.9% |
| Fixed assets | 21/28 | €394,011 | €356,240 | -€37,771 | -9.6% |
| Tangible fixed assets | 22/27 | €392,655 | €353,624 | -€39,031 | -9.9% |
| Land and buildings | 22 | €357,603 | €327,943 | -€29,660 | -8.3% |
| Furniture and vehicles | 24 | €129 | €0 | -€129 | -100% |
| Other tangible fixed assets | 26 | €34,924 | €25,682 | -€9,242 | -26.5% |
| Financial fixed assets | 28 | €1,355 | €2,615 | +€1,260 | +93.0% |
| Current assets | 29/58 | €244,077 | €180,706 | -€63,371 | -26.0% |
| Amounts receivable within one year | 40/41 | €434 | €434 | +€0 | 0.0% |
| Other amounts receivable | 41 | €434 | €434 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €243,643 | €180,272 | -€63,371 | -26.0% |
| Total equity and liabilities | 10/49 | €638,088 | €536,946 | -€101,142 | -15.9% |
| Equity | 10/15 | €333,071 | €237,648 | -€95,423 | -28.6% |
| Contributions | 10/11 | €334,155 | €334,155 | = | 0.0% |
| Reserves | 13 | €25,871 | €25,871 | = | 0.0% |
| Non-distributable reserves | 130/1 | €753 | €753 | = | 0.0% |
| Reserves not available under the articles | 1311 | €753 | €753 | = | 0.0% |
| Distributable reserves | 133 | €25,118 | €25,118 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,955 | -€122,378 | -€95,423 | -354% |
| Amounts payable | 17/49 | €305,017 | €299,298 | -€5,718 | -1.9% |
| Amounts payable after more than one year | 17 | €221,066 | €197,922 | -€23,144 | -10.5% |
| Financial debts | 170/4 | €221,066 | €197,922 | -€23,144 | -10.5% |
| Amounts payable within one year | 42/48 | €83,951 | €101,376 | +€17,425 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €24,940 | €25,425 | +€485 | +1.9% |
| Trade debts | 44 | €2,191 | €4,290 | +€2,099 | +95.8% |
| Suppliers | 440/4 | €2,191 | €4,290 | +€2,099 | +95.8% |
| Taxes, remuneration and social security | 45 | €11,021 | €528 | -€10,494 | -95.2% |
| Taxes | 450/3 | €8,021 | €528 | -€7,494 | -93.4% |
| Remuneration and social security | 454/9 | €3,000 | €0 | -€3,000 | -100% |
| Other amounts payable | 47/48 | €45,798 | €71,133 | +€25,335 | +55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,878 | €39,031 | +€153 | +0.4% |
| Other operating charges | 640/8 | €5,464 | €5,635 | +€171 | +3.1% |
| Gross operating margin | 9900 | -€46,489 | -€40,989 | +€5,500 | +11.8% |
| Operating profit (loss) | 9901 | -€90,831 | -€85,655 | +€5,176 | +5.7% |
| Financial income | 75/76B | €2,567 | €0 | -€2,567 | -100% |
| Recurring financial income | 75 | €2,567 | €0 | -€2,567 | -100% |
| Financial charges | 65/66B | €4,611 | €9,768 | +€5,157 | +112% |
| Recurring financial charges | 65 | €4,611 | €9,768 | +€5,157 | +112% |
| Profit (loss) for the period before taxes | 9903 | -€92,876 | -€95,423 | -€2,548 | -2.7% |
| Income taxes | 67/77 | €1,746 | €0 | -€1,746 | -100% |
| Profit (loss) for the period | 9904 | -€94,621 | -€95,423 | -€802 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€94,621 | -€95,423 | -€802 | -0.8% |
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 25 October 2026 via checked.be.