SMACH 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.
SMACH DENTAL
Largest movements
- Tangible fixed assets +€348,915
up €348,915 (+1,456%), from €23,965 to €372,880
of which Other tangible fixed assets: +€237,176
- Receivables within one year +€41,781
up €41,781 (+1,631%), from €2,561 to €44,342
of which Other amounts receivable: +€38,948
- Receivables after one year -€15,973
down €15,973 (-6.7%), from €238,926 to €222,953
- Cash -€12,430
down €12,430 (-10.2%), from €122,030 to €109,599
mainly Investment in fixed assets (net) (-€379,043) and Receivables within one year (-€41,781)
- Deferred charges and accrued income +€8,346
up €8,346 (+33.4%), from €25,000 to €33,345
- Debts after one year +€254,682
up €254,682 (+4,814%), from €5,291 to €259,973
- Provisions +€47,741
new in 2025: €47,741
- Current portion of long-term debt +€28,637
up €28,637 (+326%), from €8,788 to €37,425
- Profit (loss) carried forward +€21,047
up €21,047 (+6.6%), from €320,669 to €341,716
- Tax, wage and social debts +€18,756
up €18,756 (+42.0%), from €44,641 to €63,397
of which Taxes: +€17,993
- Provisions +€47,741
new in 2025: €47,741
- Other operating charges +€24,017
up €24,017 (+233%), from €10,311 to €34,328
- Taxes -€11,136
down €11,136 (-33.4%), from €33,329 to €22,193
- Depreciation +€10,476
up €10,476 (+53.3%), from €19,651 to €30,127
- Financial charges +€7,636
up €7,636 (+251%), from €3,040 to €10,676
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 | €412,482 | €783,120 | +€370,638 | +89.9% |
| Fixed assets | 21/28 | €23,965 | €372,880 | +€348,915 | +1,456% |
| Tangible fixed assets | 22/27 | €23,965 | €372,880 | +€348,915 | +1,456% |
| Plant, machinery and equipment | 23 | €13,222 | €9,521 | -€3,700 | -28.0% |
| Furniture and vehicles | 24 | €9,668 | €28,401 | +€18,733 | +194% |
| Leasing and similar rights | 25 | €41 | €96,748 | +€96,707 | +237,318% |
| Other tangible fixed assets | 26 | €1,034 | €238,210 | +€237,176 | +22,938% |
| Current assets | 29/58 | €388,517 | €410,240 | +€21,723 | +5.6% |
| Amounts receivable after more than one year | 29 | €238,926 | €222,953 | -€15,973 | -6.7% |
| Other amounts receivable | 291 | €238,926 | €222,953 | -€15,973 | -6.7% |
| Amounts receivable within one year | 40/41 | €2,561 | €44,342 | +€41,781 | +1,631% |
| Trade receivables | 40 | - | €2,833 | +€2,833 | |
| Other amounts receivable | 41 | €2,561 | €41,509 | +€38,948 | +1,521% |
| Cash at bank and in hand | 54/58 | €122,030 | €109,599 | -€12,430 | -10.2% |
| Deferred charges and accrued income | 490/1 | €25,000 | €33,345 | +€8,346 | +33.4% |
| Total equity and liabilities | 10/49 | €412,482 | €783,120 | +€370,638 | +89.9% |
| Equity | 10/15 | €323,169 | €344,216 | +€21,047 | +6.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €320,669 | €341,716 | +€21,047 | +6.6% |
| Provisions and deferred taxes | 16 | - | €47,741 | +€47,741 | |
| Provisions for liabilities and charges | 160/5 | - | €47,741 | +€47,741 | |
| Other liabilities and charges | 164/5 | - | €47,741 | +€47,741 | |
| Amounts payable | 17/49 | €89,313 | €391,163 | +€301,850 | +338% |
| Amounts payable after more than one year | 17 | €5,291 | €259,973 | +€254,682 | +4,814% |
| Financial debts | 170/4 | €5,291 | €259,973 | +€254,682 | +4,814% |
| Amounts payable within one year | 42/48 | €84,022 | €131,190 | +€47,168 | +56.1% |
| Current portion of amounts payable after more than one year | 42 | €8,788 | €37,425 | +€28,637 | +326% |
| Financial debts | 43 | - | €2,400 | +€2,400 | |
| Credit institutions | 430/8 | - | €2,400 | +€2,400 | |
| Trade debts | 44 | €10,993 | €18,168 | +€7,175 | +65.3% |
| Suppliers | 440/4 | €10,993 | €18,168 | +€7,175 | +65.3% |
| Taxes, remuneration and social security | 45 | €44,641 | €63,397 | +€18,756 | +42.0% |
| Taxes | 450/3 | €43,829 | €61,821 | +€17,993 | +41.1% |
| Remuneration and social security | 454/9 | €813 | €1,576 | +€763 | +93.9% |
| Other amounts payable | 47/48 | €19,600 | €9,800 | -€9,800 | -50.0% |
| Remuneration, social security and pensions | 62 | €7,366 | €10,348 | +€2,982 | +40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,651 | €30,127 | +€10,476 | +53.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €47,741 | +€47,741 | |
| Other operating charges | 640/8 | €10,311 | €34,328 | +€24,017 | +233% |
| Gross operating margin | 9900 | €172,435 | €165,349 | -€7,086 | -4.1% |
| Operating profit (loss) | 9901 | €135,108 | €42,805 | -€92,303 | -68.3% |
| Financial income | 75/76B | €4,870 | €11,110 | +€6,240 | +128% |
| Recurring financial income | 75 | €4,870 | €11,110 | +€6,240 | +128% |
| Financial charges | 65/66B | €3,040 | €10,676 | +€7,636 | +251% |
| Recurring financial charges | 65 | €3,040 | €10,676 | +€7,636 | +251% |
| Profit (loss) for the period before taxes | 9903 | €136,938 | €43,240 | -€93,698 | -68.4% |
| Income taxes | 67/77 | €33,329 | €22,193 | -€11,136 | -33.4% |
| Profit (loss) for the period | 9904 | €103,610 | €21,047 | -€82,563 | -79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €103,610 | €21,047 | -€82,563 | -79.7% |
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 30 October 2026 via checked.be.