SANTOS REIS: what changed
What changed
SANTOS REIS
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€59,897
2024 · €36,167+€23,730
Equity
€61,396
2024 · €101,499-€40,103
Cash
€30,217
2024 · €82,475-€52,258
Balance sheet total
€324,055
2024 · €405,810-€81,755
Largest movements
Assets
- Cash -€52,258
down €52,258 (-63.4%), from €82,475 to €30,217
mainly Contributions, distributions and other (-€100,000) and Other debts (-€48,974)
- Tangible fixed assets -€30,726
down €30,726 (-10.2%), from €302,051 to €271,325
of which Furniture and vehicles: -€20,556
Equity and liabilities
- Other debts -€48,974
down €48,974 (-97.8%), from €50,086 to €1,112
- Profit (loss) carried forward -€40,103
down €40,103 (-49.5%), from €81,039 to €40,936
Income statement
- Gross operating margin +€75,427
up €75,427 (+110%), from €68,516 to €143,942
- Staff costs +€20,682
new in 2025: €20,682
- Taxes +€13,348
up €13,348 (+389%), from €3,428 to €16,776
- Depreciation +€9,839
up €9,839 (+42.7%), from €23,041 to €32,880
- Financial charges +€7,929
up €7,929 (+187%), from €4,234 to €12,162
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€36,167
Gross operating margin
+€75,427
Staff costs
-€20,682
Depreciation
-€9,839
Other operating charges
+€117
Financial income
-€15
Financial charges
-€7,929
Taxes
-€13,348
Result 2025
€59,897
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€46,118
Investment
-€2,517
Financing
-€95,860
Cash 2024
€82,475
From operations (derived)
+€46,118
Net result for the year
+€59,897
Depreciation
+€32,880
Receivables within one year
-€1,623
Deferred charges and accrued income
+€756
Trade debts
-€1,663
Tax, wage and social debts
+€1,399
Other debts
-€48,974
Accrued charges and deferred income
+€3,446
Investment (derived)
-€2,517
Investment in fixed assets (net)
-€2,517
Financing
-€95,860
Debts after one year
+€2,172
Current portion of long-term debt
+€1,968
Contributions, distributions and other
-€100,000
Cash 2025
€30,217
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,810 | €324,055 | -€81,755 | -20.1% |
| Fixed assets | 21/28 | €308,721 | €278,358 | -€30,363 | -9.8% |
| Tangible fixed assets | 22/27 | €302,051 | €271,325 | -€30,726 | -10.2% |
| Furniture and vehicles | 24 | €185,970 | €165,414 | -€20,556 | -11.1% |
| Other tangible fixed assets | 26 | €116,081 | €105,911 | -€10,170 | -8.8% |
| Financial fixed assets | 28 | €6,670 | €7,033 | +€363 | +5.4% |
| Current assets | 29/58 | €97,089 | €45,697 | -€51,392 | -52.9% |
| Amounts receivable within one year | 40/41 | €6,845 | €8,467 | +€1,623 | +23.7% |
| Trade receivables | 40 | €6,845 | - | -€6,845 | |
| Other amounts receivable | 41 | - | €8,467 | +€8,467 | |
| Cash at bank and in hand | 54/58 | €82,475 | €30,217 | -€52,258 | -63.4% |
| Deferred charges and accrued income | 490/1 | €7,769 | €7,013 | -€756 | -9.7% |
| Total equity and liabilities | 10/49 | €405,810 | €324,055 | -€81,755 | -20.1% |
| Equity | 10/15 | €101,499 | €61,396 | -€40,103 | -39.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,039 | €40,936 | -€40,103 | -49.5% |
| Amounts payable | 17/49 | €304,312 | €262,659 | -€41,653 | -13.7% |
| Amounts payable after more than one year | 17 | €225,157 | €227,328 | +€2,172 | +1.0% |
| Financial debts | 170/4 | €225,157 | €227,328 | +€2,172 | +1.0% |
| Amounts payable within one year | 42/48 | €79,155 | €31,884 | -€47,271 | -59.7% |
| Current portion of amounts payable after more than one year | 42 | €26,844 | €28,811 | +€1,968 | +7.3% |
| Trade debts | 44 | €2,226 | €563 | -€1,663 | -74.7% |
| Suppliers | 440/4 | €2,226 | €563 | -€1,663 | -74.7% |
| Taxes, remuneration and social security | 45 | - | €1,399 | +€1,399 | |
| Remuneration and social security | 454/9 | - | €1,399 | +€1,399 | |
| Other amounts payable | 47/48 | €50,086 | €1,112 | -€48,974 | -97.8% |
| Accrued charges and deferred income | 492/3 | - | €3,446 | +€3,446 | |
| Remuneration, social security and pensions | 62 | - | €20,682 | +€20,682 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,041 | €32,880 | +€9,839 | +42.7% |
| Other operating charges | 640/8 | €1,661 | €1,544 | -€117 | -7.0% |
| Gross operating margin | 9900 | €68,516 | €143,942 | +€75,427 | +110% |
| Operating profit (loss) | 9901 | €43,814 | €88,836 | +€45,022 | +103% |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.9% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.9% |
| Financial charges | 65/66B | €4,234 | €12,162 | +€7,929 | +187% |
| Recurring financial charges | 65 | €4,234 | €12,162 | +€7,929 | +187% |
| Profit (loss) for the period before taxes | 9903 | €39,595 | €76,673 | +€37,078 | +93.6% |
| Income taxes | 67/77 | €3,428 | €16,776 | +€13,348 | +389% |
| Profit (loss) for the period | 9904 | €36,167 | €59,897 | +€23,730 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,167 | €59,897 | +€23,730 | +65.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.