UDental: 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.
UDental
Largest movements
- Receivables within one year +€230,940
up €230,940 (+94.1%), from €245,442 to €476,381
of which Trade receivables: +€181,863
- Stocks and contracts -€124,017
down €124,017 (-13.6%), from €914,528 to €790,511
- Cash +€23,889
up €23,889 (+98.2%), from €24,325 to €48,213
mainly Advances received (+€140,899) and Stocks and contracts (+€124,017)
- Advances received +€140,899
up €140,899 (+44.0%), from €320,386 to €461,285
- Trade debts -€67,698
down €67,698 (-17.5%), from €387,041 to €319,343
- Accrued charges and deferred income +€62,870
up €62,870 (+2063.5%), from €3,047 to €65,917
- Tax, wage and social debts -€34,271
down €34,271 (-29.4%), from €116,590 to €82,319
of which Remuneration and social security: -€43,461
- Other debts +€27,448
up €27,448 (+11.8%), from €232,302 to €259,750
- Gross operating margin -€386,252
down €386,252 (-50.7%), from €761,424 to €375,172
- Staff costs -€307,577
down €307,577 (-46.5%), from €661,163 to €353,587
- Financial charges -€30,518
down €30,518 (-87.6%), from €34,840 to €4,322
- Write-downs +€14,784
new in 2025: €14,784
- Depreciation -€11,037
down €11,037 (-59.4%), from €18,589 to €7,553
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 | €1,228,396 | €1,353,315 | +€124,919 | +10.2% |
| Fixed assets | 21/28 | €19,724 | €18,538 | -€1,186 | -6.0% |
| Tangible fixed assets | 22/27 | €18,974 | €17,788 | -€1,186 | -6.3% |
| Plant, machinery and equipment | 23 | €2,835 | €1,784 | -€1,051 | -37.1% |
| Furniture and vehicles | 24 | €15,255 | €15,193 | -€62 | -0.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €884 | €811 | -€73 | -8.3% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €1,208,672 | €1,334,778 | +€126,105 | +10.4% |
| Stocks and contracts in progress | 3 | €914,528 | €790,511 | -€124,017 | -13.6% |
| Stocks | 30/36 | €914,528 | €790,511 | -€124,017 | -13.6% |
| Amounts receivable within one year | 40/41 | €245,442 | €476,381 | +€230,940 | +94.1% |
| Trade receivables | 40 | €137,638 | €319,501 | +€181,863 | +132.1% |
| Other amounts receivable | 41 | €107,803 | €156,880 | +€49,077 | +45.5% |
| Cash at bank and in hand | 54/58 | €24,325 | €48,213 | +€23,889 | +98.2% |
| Deferred charges and accrued income | 490/1 | €24,378 | €19,671 | -€4,706 | -19.3% |
| Total equity and liabilities | 10/49 | €1,228,396 | €1,353,315 | +€124,919 | +10.2% |
| Equity | 10/15 | €169,031 | €164,702 | -€4,329 | -2.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,031 | €161,702 | -€4,329 | -2.6% |
| Amounts payable | 17/49 | €1,059,365 | €1,188,613 | +€129,249 | +12.2% |
| Amounts payable within one year | 42/48 | €1,056,318 | €1,122,697 | +€66,379 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €387,041 | €319,343 | -€67,698 | -17.5% |
| Suppliers | 440/4 | €387,041 | €319,343 | -€67,698 | -17.5% |
| Advances received on contracts in progress | 46 | €320,386 | €461,285 | +€140,899 | +44.0% |
| Taxes, remuneration and social security | 45 | €116,590 | €82,319 | -€34,271 | -29.4% |
| Taxes | 450/3 | €23,233 | €32,424 | +€9,191 | +39.6% |
| Remuneration and social security | 454/9 | €93,356 | €49,895 | -€43,461 | -46.6% |
| Other amounts payable | 47/48 | €232,302 | €259,750 | +€27,448 | +11.8% |
| Accrued charges and deferred income | 492/3 | €3,047 | €65,917 | +€62,870 | +2063.5% |
| Non-recurring operating income | 76A | €25,237 | €0 | -€25,237 | -100.0% |
| Remuneration, social security and pensions | 62 | €661,163 | €353,587 | -€307,577 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,589 | €7,553 | -€11,037 | -59.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,784 | +€14,784 | |
| Other operating charges | 640/8 | €4,192 | €2,166 | -€2,026 | -48.3% |
| Non-recurring operating charges | 66A | €10,402 | €0 | -€10,402 | -100.0% |
| Gross operating margin | 9900 | €761,424 | €375,172 | -€386,252 | -50.7% |
| Operating profit (loss) | 9901 | €67,078 | -€2,917 | -€69,995 | |
| Financial income | 75/76B | €8,996 | €3,586 | -€5,410 | -60.1% |
| Recurring financial income | 75 | €8,996 | €3,586 | -€5,410 | -60.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €34,840 | €4,322 | -€30,518 | -87.6% |
| Recurring financial charges | 65 | €34,840 | €4,322 | -€30,518 | -87.6% |
| Profit (loss) for the period before taxes | 9903 | €41,233 | -€3,653 | -€44,886 | |
| Income taxes | 67/77 | €1,484 | €676 | -€808 | -54.5% |
| Profit (loss) for the period | 9904 | €39,749 | -€4,329 | -€44,078 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,749 | -€4,329 | -€44,078 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.