PARORTHOD-LN: 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.
What changed
PARORTHOD-LN
NACE 86.230, Dental practice
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€44,196
2024 · €54,199-€10,003
Equity
€79,995
2024 · €129,799-€49,804
Cash
€93,244
2024 · €97,743-€4,499
Balance sheet total
€491,921
2024 · €548,855-€56,934
Largest movements
Assets
- Tangible fixed assets -€58,428
down €58,428 (-13.7%), from €425,043 to €366,615
of which Land and buildings: -€36,599
Equity and liabilities
- Reserves -€49,804
down €49,804 (-91.9%), from €54,199 to €4,395
- Debts after one year -€42,500
down €42,500 (-24.5%), from €173,541 to €131,041
- Other debts +€25,468
up €25,468 (+13.5%), from €188,969 to €214,437
- Tax, wage and social debts +€8,063
up €8,063 (+146%), from €5,541 to €13,604
Income statement
- Gross operating margin -€25,154
down €25,154 (-10.5%), from €238,465 to €213,311
- Staff costs -€9,297
down €9,297 (-15.0%), from €62,149 to €52,852
- Taxes -€2,415
down €2,415 (-14.6%), from €16,492 to €14,077
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.
Result 2024
€54,199
Gross operating margin
-€25,154
Staff costs
+€9,297
Depreciation
-€958
Write-downs
+€222
Other operating charges
+€2,210
Financial income
+€40
Financial charges
+€1,925
Taxes
+€2,415
Result 2025
€44,196
raises the resultlowers the result
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.
From operations
+€160,974
Investment
-€28,973
Financing
-€136,500
Cash 2024
€97,743
From operations (derived)
+€160,974
Net result for the year
+€44,196
Depreciation
+€87,401
Stocks and contracts
-€2,078
Receivables within one year
-€5,478
Deferred charges and accrued income
+€1,563
Trade debts
+€2,006
Tax, wage and social debts
+€8,063
Other debts
+€25,468
Accrued charges and deferred income
-€167
Investment (derived)
-€28,973
Investment in fixed assets (net)
-€28,973
Financing
-€136,500
Debts after one year
-€42,500
Contributions, distributions and other
-€94,000
Cash 2025
€93,244
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €548,855 | €491,921 | -€56,934 | -10.4% |
| Fixed assets | 21/28 | €427,293 | €368,865 | -€58,428 | -13.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €425,043 | €366,615 | -€58,428 | -13.7% |
| Land and buildings | 22 | €225,474 | €188,875 | -€36,599 | -16.2% |
| Plant, machinery and equipment | 23 | €42 | €317 | +€275 | +655% |
| Furniture and vehicles | 24 | €117,941 | €84,387 | -€33,554 | -28.4% |
| Other tangible fixed assets | 26 | €81,586 | €93,036 | +€11,450 | +14.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €121,562 | €123,056 | +€1,494 | +1.2% |
| Stocks and contracts in progress | 3 | €7,644 | €9,722 | +€2,078 | +27.2% |
| Stocks | 30/36 | €7,644 | €9,722 | +€2,078 | +27.2% |
| Amounts receivable within one year | 40/41 | €6,940 | €12,418 | +€5,478 | +78.9% |
| Trade receivables | 40 | - | €5,486 | +€5,486 | |
| Other amounts receivable | 41 | €6,940 | €6,932 | -€8 | -0.1% |
| Cash at bank and in hand | 54/58 | €97,743 | €93,244 | -€4,499 | -4.6% |
| Deferred charges and accrued income | 490/1 | €9,235 | €7,672 | -€1,563 | -16.9% |
| Total equity and liabilities | 10/49 | €548,855 | €491,921 | -€56,934 | -10.4% |
| Equity | 10/15 | €129,799 | €79,995 | -€49,804 | -38.4% |
| Contributions | 10/11 | €75,600 | €75,600 | = | 0.0% |
| Reserves | 13 | €54,199 | €4,395 | -€49,804 | -91.9% |
| Distributable reserves | 133 | €54,199 | €4,395 | -€49,804 | -91.9% |
| Amounts payable | 17/49 | €419,056 | €411,926 | -€7,130 | -1.7% |
| Amounts payable after more than one year | 17 | €173,541 | €131,041 | -€42,500 | -24.5% |
| Financial debts | 170/4 | €173,541 | €131,041 | -€42,500 | -24.5% |
| Amounts payable within one year | 42/48 | €244,655 | €280,192 | +€35,537 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €46,042 | €46,042 | = | 0.0% |
| Trade debts | 44 | €4,103 | €6,109 | +€2,006 | +48.9% |
| Suppliers | 440/4 | €4,103 | €6,109 | +€2,006 | +48.9% |
| Taxes, remuneration and social security | 45 | €5,541 | €13,604 | +€8,063 | +146% |
| Remuneration and social security | 454/9 | €5,541 | €13,604 | +€8,063 | +146% |
| Other amounts payable | 47/48 | €188,969 | €214,437 | +€25,468 | +13.5% |
| Accrued charges and deferred income | 492/3 | €860 | €693 | -€167 | -19.4% |
| Remuneration, social security and pensions | 62 | €62,149 | €52,852 | -€9,297 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,443 | €87,401 | +€958 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €222 | - | -€222 | |
| Other operating charges | 640/8 | €8,004 | €5,794 | -€2,210 | -27.6% |
| Gross operating margin | 9900 | €238,465 | €213,311 | -€25,154 | -10.5% |
| Operating profit (loss) | 9901 | €81,647 | €67,264 | -€14,383 | -17.6% |
| Financial income | 75/76B | €328 | €368 | +€40 | +12.2% |
| Recurring financial income | 75 | €328 | €368 | +€40 | +12.2% |
| Financial charges | 65/66B | €11,284 | €9,359 | -€1,925 | -17.1% |
| Recurring financial charges | 65 | €11,284 | €9,359 | -€1,925 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €70,691 | €58,273 | -€12,418 | -17.6% |
| Income taxes | 67/77 | €16,492 | €14,077 | -€2,415 | -14.6% |
| Profit (loss) for the period | 9904 | €54,199 | €44,196 | -€10,003 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,199 | €44,196 | -€10,003 | -18.5% |
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 24 October 2026 via checked.be.