SHS Dental: what changed
SHS Dental
Largest movements
- Receivables within one year +€34,463
new in 2025: €34,463
of which Other amounts receivable: +€32,929
- Cash -€29,616
down €29,616 (-50.0%), from €59,275 to €29,659
mainly Receivables within one year (-€34,463) and Other debts (-€5,680)
- Tangible fixed assets +€2,461
up €2,461 (+181%), from €1,359 to €3,820
- Profit (loss) carried forward +€9,050
up €9,050 (+18.5%), from €48,991 to €58,042
- Other debts -€5,680
down €5,680 (-53.2%), from €10,680 to €5,000
- Current portion of long-term debt +€4,000
new in 2025: €4,000
- Gross operating margin -€31,183
down €31,183 (-53.8%), from €57,979 to €26,796
- Taxes +€7,210
new in 2025: €7,210
- Financial charges +€3,934
up €3,934 (+52,807%), from €7 to €3,942
- Depreciation +€1,356
up €1,356 (+1,097%), from €124 to €1,479
- Other operating charges +€1,258
up €1,258 (+32.6%), from €3,858 to €5,115
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,634 | €67,942 | +€7,308 | +12.1% |
| Fixed assets | 21/28 | €1,359 | €3,820 | +€2,461 | +181% |
| Tangible fixed assets | 22/27 | €1,359 | €3,820 | +€2,461 | +181% |
| Plant, machinery and equipment | 23 | €1,359 | €3,820 | +€2,461 | +181% |
| Current assets | 29/58 | €59,275 | €64,122 | +€4,847 | +8.2% |
| Amounts receivable within one year | 40/41 | - | €34,463 | +€34,463 | |
| Trade receivables | 40 | - | €1,534 | +€1,534 | |
| Other amounts receivable | 41 | - | €32,929 | +€32,929 | |
| Cash at bank and in hand | 54/58 | €59,275 | €29,659 | -€29,616 | -50.0% |
| Total equity and liabilities | 10/49 | €60,634 | €67,942 | +€7,308 | +12.1% |
| Equity | 10/15 | €48,991 | €58,042 | +€9,050 | +18.5% |
| Profit (loss) carried forward | 14 | €48,991 | €58,042 | +€9,050 | +18.5% |
| Amounts payable | 17/49 | €11,642 | €9,900 | -€1,742 | -15.0% |
| Amounts payable within one year | 42/48 | €11,642 | €9,900 | -€1,742 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,000 | +€4,000 | |
| Trade debts | 44 | €62 | - | -€62 | |
| Suppliers | 440/4 | €62 | - | -€62 | |
| Taxes, remuneration and social security | 45 | €900 | €900 | = | 0.0% |
| Taxes | 450/3 | €900 | €900 | = | 0.0% |
| Other amounts payable | 47/48 | €10,680 | €5,000 | -€5,680 | -53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124 | €1,479 | +€1,356 | +1,097% |
| Other operating charges | 640/8 | €3,858 | €5,115 | +€1,258 | +32.6% |
| Gross operating margin | 9900 | €57,979 | €26,796 | -€31,183 | -53.8% |
| Operating profit (loss) | 9901 | €53,998 | €20,202 | -€33,796 | -62.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €7 | €3,942 | +€3,934 | +52,807% |
| Recurring financial charges | 65 | €7 | €3,942 | +€3,934 | +52,807% |
| Profit (loss) for the period before taxes | 9903 | €53,991 | €16,260 | -€37,731 | -69.9% |
| Income taxes | 67/77 | - | €7,210 | +€7,210 | |
| Profit (loss) for the period | 9904 | €53,991 | €9,050 | -€44,941 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €53,991 | €9,050 | -€44,941 | -83.2% |
Next steps
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 6 November 2026 via checked.be.