SAPADENT: what changed
Two fiscal 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.
SAPADENT
Largest movements
- Current investments +€244,366
new in 2025: €244,366
- Cash -€208,387
down €208,387 (-63.4%), from €328,691 to €120,304
mainly Current investments (-€244,366) and Tax, wage and social debts (-€56,276)
- Receivables within one year +€18,699
up €18,699 (+101.1%), from €18,503 to €37,202
of which Trade receivables: +€16,339
- Tangible fixed assets -€5,827
down €5,827 (-16.0%), from €36,447 to €30,619
of which Furniture and vehicles: -€11,042
- Profit (loss) carried forward +€105,886
up €105,886 (+38.0%), from €278,806 to €384,692
- Tax, wage and social debts -€56,276
down €56,276 (-61.9%), from €90,845 to €34,569
- Other debts +€11,991
new in 2025: €11,991
- Current portion of long-term debt -€11,459
no longer reported in 2025 (was €11,459)
- Gross operating margin -€42,242
down €42,242 (-22.6%), from €187,314 to €145,072
- Taxes -€9,394
down €9,394 (-24.2%), from €38,895 to €29,501
- Financial income +€5,379
up €5,379 (+10566.3%), from €51 to €5,430
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.
Cash bridge derived
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 | €385,296 | €434,252 | +€48,955 | +12.7% |
| Fixed assets | 21/28 | €36,447 | €30,619 | -€5,827 | -16.0% |
| Tangible fixed assets | 22/27 | €36,447 | €30,619 | -€5,827 | -16.0% |
| Plant, machinery and equipment | 23 | - | €5,500 | +€5,500 | |
| Furniture and vehicles | 24 | €35,592 | €24,550 | -€11,042 | -31.0% |
| Other tangible fixed assets | 26 | €855 | €570 | -€285 | -33.3% |
| Current assets | 29/58 | €348,850 | €403,633 | +€54,783 | +15.7% |
| Amounts receivable within one year | 40/41 | €18,503 | €37,202 | +€18,699 | +101.1% |
| Trade receivables | 40 | €18,503 | €34,842 | +€16,339 | +88.3% |
| Other amounts receivable | 41 | - | €2,360 | +€2,360 | |
| Current investments | 50/53 | - | €244,366 | +€244,366 | |
| Cash at bank and in hand | 54/58 | €328,691 | €120,304 | -€208,387 | -63.4% |
| Deferred charges and accrued income | 490/1 | €1,655 | €1,760 | +€105 | +6.4% |
| Total equity and liabilities | 10/49 | €385,296 | €434,252 | +€48,955 | +12.7% |
| Equity | 10/15 | €281,806 | €387,692 | +€105,886 | +37.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,806 | €384,692 | +€105,886 | +38.0% |
| Amounts payable | 17/49 | €103,490 | €46,560 | -€56,930 | -55.0% |
| Amounts payable within one year | 42/48 | €102,438 | €46,560 | -€55,878 | -54.5% |
| Current portion of amounts payable after more than one year | 42 | €11,459 | - | -€11,459 | |
| Trade debts | 44 | €134 | - | -€134 | |
| Suppliers | 440/4 | €134 | - | -€134 | |
| Taxes, remuneration and social security | 45 | €90,845 | €34,569 | -€56,276 | -61.9% |
| Taxes | 450/3 | €90,845 | €34,569 | -€56,276 | -61.9% |
| Other amounts payable | 47/48 | - | €11,991 | +€11,991 | |
| Accrued charges and deferred income | 492/3 | €1,053 | - | -€1,053 | |
| Remuneration, social security and pensions | 62 | - | €221 | +€221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,608 | €13,330 | +€722 | +5.7% |
| Other operating charges | 640/8 | €681 | €1,145 | +€463 | +68.0% |
| Gross operating margin | 9900 | €187,314 | €145,072 | -€42,242 | -22.6% |
| Operating profit (loss) | 9901 | €174,025 | €130,377 | -€43,648 | -25.1% |
| Financial income | 75/76B | €51 | €5,430 | +€5,379 | +10566.3% |
| Recurring financial income | 75 | €51 | €5,430 | +€5,379 | +10566.3% |
| Financial charges | 65/66B | €826 | €420 | -€406 | -49.1% |
| Recurring financial charges | 65 | €826 | €420 | -€406 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €173,249 | €135,387 | -€37,863 | -21.9% |
| Income taxes | 67/77 | €38,895 | €29,501 | -€9,394 | -24.2% |
| Profit (loss) for the period | 9904 | €134,354 | €105,886 | -€28,469 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €134,354 | €105,886 | -€28,469 | -21.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.