Tandglazuur: what changed
What changed
Tandglazuur
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€170,946
2024 · €193,985-€23,038
Equity
€1.3m
2024 · €1.3m-€5,260
Cash
€63,509
2024 · €66,375-€2,866
Balance sheet total
€1.4m
2024 · €1.5m-€47,316
Largest movements
Assets
- Receivables after one year -€105,274
no longer reported in 2025 (was €105,274)
- Receivables within one year +€45,831
up €45,831 (+82.9%), from €55,295 to €101,126
Equity and liabilities
- Short-term financial debts -€25,452
no longer reported in 2025 (was €25,452)
- Tax, wage and social debts -€25,179
down €25,179 (-27.6%), from €91,337 to €66,158
of which Taxes: -€26,615
Income statement
- Financial income -€66,136
down €66,136 (-92.7%), from €71,337 to €5,201
- Gross operating margin +€53,387
up €53,387 (+22.4%), from €238,320 to €291,707
- Staff costs +€7,710
up €7,710 (+21.9%), from €35,228 to €42,939
- Taxes +€3,789
up €3,789 (+5.2%), from €72,440 to €76,229
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
€193,985
Gross operating margin
+€53,387
Staff costs
-€7,710
Depreciation
+€435
Financial income
-€66,136
Financial charges
+€775
Taxes
-€3,789
Result 2025
€170,946
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
+€207,067
Investment
-€8,274
Financing
-€201,659
Cash 2024
€66,375
From operations (derived)
+€207,067
Net result for the year
+€170,946
Depreciation
+€4,347
Receivables after one year
+€105,274
Receivables within one year
-€45,831
Deferred charges and accrued income
-€11,065
Trade debts
-€5,854
Tax, wage and social debts
-€25,179
Other debts
+€4,558
Accrued charges and deferred income
+€9,872
Investment (derived)
-€8,274
Investment in fixed assets (net)
-€1,579
Current investments
-€6,695
Financing
-€201,659
Short-term financial debts
-€25,452
Contributions, distributions and other
-€176,206
Cash 2025
€63,509
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,466,091 | €1,418,775 | -€47,316 | -3.2% |
| Fixed assets | 21/28 | €1,218,033 | €1,215,266 | -€2,768 | -0.2% |
| Tangible fixed assets | 22/27 | €14,783 | €12,015 | -€2,768 | -18.7% |
| Plant, machinery and equipment | 23 | €14,783 | €12,015 | -€2,768 | -18.7% |
| Financial fixed assets | 28 | €1,203,250 | €1,203,250 | = | 0.0% |
| Current assets | 29/58 | €248,058 | €203,509 | -€44,548 | -18.0% |
| Amounts receivable after more than one year | 29 | €105,274 | - | -€105,274 | |
| Other amounts receivable | 291 | €105,274 | - | -€105,274 | |
| Amounts receivable within one year | 40/41 | €55,295 | €101,126 | +€45,831 | +82.9% |
| Other amounts receivable | 41 | €55,295 | €101,126 | +€45,831 | +82.9% |
| Current investments | 50/53 | €17,832 | €24,527 | +€6,695 | +37.5% |
| Cash at bank and in hand | 54/58 | €66,375 | €63,509 | -€2,866 | -4.3% |
| Deferred charges and accrued income | 490/1 | €3,283 | €14,348 | +€11,065 | +337% |
| Total equity and liabilities | 10/49 | €1,466,091 | €1,418,775 | -€47,316 | -3.2% |
| Equity | 10/15 | €1,295,053 | €1,289,793 | -€5,260 | -0.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,265,431 | €1,260,171 | -€5,260 | -0.4% |
| Distributable reserves | 133 | €1,265,431 | €1,260,171 | -€5,260 | -0.4% |
| Profit (loss) carried forward | 14 | €11,030 | €11,030 | = | 0.0% |
| Amounts payable | 17/49 | €171,038 | €128,982 | -€42,056 | -24.6% |
| Amounts payable within one year | 42/48 | €136,577 | €84,650 | -€51,928 | -38.0% |
| Financial debts | 43 | €25,452 | - | -€25,452 | |
| Credit institutions | 430/8 | €25,452 | - | -€25,452 | |
| Trade debts | 44 | €19,788 | €13,934 | -€5,854 | -29.6% |
| Suppliers | 440/4 | €19,788 | €13,934 | -€5,854 | -29.6% |
| Taxes, remuneration and social security | 45 | €91,337 | €66,158 | -€25,179 | -27.6% |
| Taxes | 450/3 | €84,896 | €58,281 | -€26,615 | -31.3% |
| Remuneration and social security | 454/9 | €6,441 | €7,877 | +€1,435 | +22.3% |
| Other amounts payable | 47/48 | - | €4,558 | +€4,558 | |
| Accrued charges and deferred income | 492/3 | €34,461 | €44,332 | +€9,872 | +28.6% |
| Remuneration, social security and pensions | 62 | €35,228 | €42,939 | +€7,710 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,782 | €4,347 | -€435 | -9.1% |
| Gross operating margin | 9900 | €238,320 | €291,707 | +€53,387 | +22.4% |
| Operating profit (loss) | 9901 | €198,310 | €244,422 | +€46,112 | +23.3% |
| Financial income | 75/76B | €71,337 | €5,201 | -€66,136 | -92.7% |
| Recurring financial income | 75 | €71,337 | €5,201 | -€66,136 | -92.7% |
| Financial charges | 65/66B | €3,223 | €2,448 | -€775 | -24.0% |
| Recurring financial charges | 65 | €3,223 | €2,448 | -€775 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €266,424 | €247,175 | -€19,249 | -7.2% |
| Income taxes | 67/77 | €72,440 | €76,229 | +€3,789 | +5.2% |
| Profit (loss) for the period | 9904 | €193,985 | €170,946 | -€23,038 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €193,985 | €170,946 | -€23,038 | -11.9% |
Next steps
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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.