SM 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.
SM DENTAL
Largest movements
- Cash +€24,466
up €24,466 (+24.5%), from €99,741 to €124,208
mainly Net result for the year (+€49,950) and Depreciation (+€869)
- Receivables after one year +€17,400
up €17,400 (+36.5%), from €47,700 to €65,100
- Profit (loss) carried forward +€49,950
up €49,950 (+43.7%), from €114,333 to €164,282
- Tax, wage and social debts -€5,676
down €5,676 (-18.7%), from €30,349 to €24,673
- Gross operating margin +€11,465
up €11,465 (+21.4%), from €53,681 to €65,146
- Taxes +€2,482
up €2,482 (+22.4%), from €11,096 to €13,578
- Other operating charges -€1,308
down €1,308 (-41.4%), from €3,163 to €1,855
- Financial income +€814
up €814 (+136%), from €596 to €1,410
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 | €149,034 | €193,513 | +€44,479 | +29.8% |
| Fixed assets | 21/28 | €997 | €2,199 | +€1,203 | +121% |
| Tangible fixed assets | 22/27 | €997 | €2,199 | +€1,203 | +121% |
| Furniture and vehicles | 24 | €997 | €2,199 | +€1,203 | +121% |
| Current assets | 29/58 | €148,038 | €191,314 | +€43,276 | +29.2% |
| Amounts receivable after more than one year | 29 | €47,700 | €65,100 | +€17,400 | +36.5% |
| Other amounts receivable | 291 | €47,700 | €65,100 | +€17,400 | +36.5% |
| Cash at bank and in hand | 54/58 | €99,741 | €124,208 | +€24,466 | +24.5% |
| Deferred charges and accrued income | 490/1 | €596 | €2,006 | +€1,410 | +236% |
| Total equity and liabilities | 10/49 | €149,034 | €193,513 | +€44,479 | +29.8% |
| Equity | 10/15 | €116,333 | €166,282 | +€49,950 | +42.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,333 | €164,282 | +€49,950 | +43.7% |
| Amounts payable | 17/49 | €32,702 | €27,231 | -€5,471 | -16.7% |
| Amounts payable within one year | 42/48 | €32,702 | €27,231 | -€5,471 | -16.7% |
| Trade debts | 44 | €2,263 | €2,540 | +€278 | +12.3% |
| Suppliers | 440/4 | €2,263 | €2,540 | +€278 | +12.3% |
| Taxes, remuneration and social security | 45 | €30,349 | €24,673 | -€5,676 | -18.7% |
| Taxes | 450/3 | €30,349 | €24,673 | -€5,676 | -18.7% |
| Other amounts payable | 47/48 | €90 | €17 | -€73 | -80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €402 | €869 | +€467 | +116% |
| Other operating charges | 640/8 | €3,163 | €1,855 | -€1,308 | -41.4% |
| Gross operating margin | 9900 | €53,681 | €65,146 | +€11,465 | +21.4% |
| Operating profit (loss) | 9901 | €50,115 | €62,421 | +€12,306 | +24.6% |
| Financial income | 75/76B | €596 | €1,410 | +€814 | +136% |
| Recurring financial income | 75 | €596 | €1,410 | +€814 | +136% |
| Financial charges | 65/66B | €108 | €304 | +€195 | +180% |
| Recurring financial charges | 65 | €108 | €304 | +€195 | +180% |
| Profit (loss) for the period before taxes | 9903 | €50,603 | €63,528 | +€12,924 | +25.5% |
| Income taxes | 67/77 | €11,096 | €13,578 | +€2,482 | +22.4% |
| Profit (loss) for the period | 9904 | €39,508 | €49,950 | +€10,442 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,508 | €49,950 | +€10,442 | +26.4% |
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 18 October 2026 via checked.be.