VAN BOGAERT-MINNE: what changed
What changed
VAN BOGAERT-MINNE
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€12,549
2024 · €24,662-€12,113
Equity
€11,203
2024 · €18,654-€7,451
Cash
€72,440
2024 · €83,311-€10,871
Balance sheet total
€187,307
2024 · €219,220-€31,913
Largest movements
Assets
- Intangible fixed assets -€28,000
down €28,000 (-33.3%), from €84,000 to €56,000
- Cash -€10,871
down €10,871 (-13.0%), from €83,311 to €72,440
mainly Investment in fixed assets (net) (-€26,728) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets +€5,538
up €5,538 (+13.2%), from €42,060 to €47,598
of which Plant, machinery and equipment: +€19,631
Equity and liabilities
- Debts after one year -€14,829
down €14,829 (-85.6%), from €17,319 to €2,491
- Other debts -€11,658
down €11,658 (-7.1%), from €164,073 to €152,415
- Profit (loss) carried forward -€7,451
down €7,451, from €0 to -€7,451
Income statement
- Gross operating margin -€9,713
down €9,713 (-9.8%), from €98,729 to €89,016
- Staff costs +€3,615
up €3,615 (+27.9%), from €12,939 to €16,554
- Taxes -€3,448
down €3,448 (-42.5%), from €8,111 to €4,663
- Depreciation +€2,305
up €2,305 (+4.9%), from €46,885 to €49,190
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
€24,662
Gross operating margin
-€9,713
Staff costs
-€3,615
Depreciation
-€2,305
Other operating charges
-€446
Financial charges
+€517
Taxes
+€3,448
Result 2025
€12,549
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
+€50,474
Investment
-€26,728
Financing
-€34,617
Cash 2024
€83,311
From operations (derived)
+€50,474
Net result for the year
+€12,549
Depreciation
+€49,190
Receivables within one year
-€357
Deferred charges and accrued income
-€1,062
Trade debts
+€1,646
Other debts
-€11,658
Accrued charges and deferred income
+€166
Investment (derived)
-€26,728
Investment in fixed assets (net)
-€26,728
Financing
-€34,617
Debts after one year
-€14,829
Current portion of long-term debt
+€196
Short-term financial debts
+€16
Contributions, distributions and other
-€20,000
Cash 2025
€72,440
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,220 | €187,307 | -€31,913 | -14.6% |
| Fixed assets | 21/28 | €126,201 | €103,739 | -€22,462 | -17.8% |
| Intangible fixed assets | 21 | €84,000 | €56,000 | -€28,000 | -33.3% |
| Tangible fixed assets | 22/27 | €42,060 | €47,598 | +€5,538 | +13.2% |
| Plant, machinery and equipment | 23 | €11,547 | €31,178 | +€19,631 | +170% |
| Furniture and vehicles | 24 | €26,598 | €13,109 | -€13,489 | -50.7% |
| Other tangible fixed assets | 26 | €3,915 | €3,311 | -€604 | -15.4% |
| Financial fixed assets | 28 | €141 | €141 | = | 0.0% |
| Current assets | 29/58 | €93,020 | €83,568 | -€9,451 | -10.2% |
| Amounts receivable within one year | 40/41 | €8,886 | €9,243 | +€357 | +4.0% |
| Trade receivables | 40 | €6,997 | €3,906 | -€3,091 | -44.2% |
| Other amounts receivable | 41 | €1,889 | €5,337 | +€3,448 | +183% |
| Cash at bank and in hand | 54/58 | €83,311 | €72,440 | -€10,871 | -13.0% |
| Deferred charges and accrued income | 490/1 | €823 | €1,886 | +€1,062 | +129% |
| Total equity and liabilities | 10/49 | €219,220 | €187,307 | -€31,913 | -14.6% |
| Equity | 10/15 | €18,654 | €11,203 | -€7,451 | -39.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54 | €54 | = | 0.0% |
| Distributable reserves | 133 | €54 | €54 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€7,451 | -€7,451 | |
| Amounts payable | 17/49 | €200,566 | €176,104 | -€24,462 | -12.2% |
| Amounts payable after more than one year | 17 | €17,319 | €2,491 | -€14,829 | -85.6% |
| Financial debts | 170/4 | €17,319 | €2,491 | -€14,829 | -85.6% |
| Amounts payable within one year | 42/48 | €183,168 | €173,368 | -€9,800 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €14,633 | €14,829 | +€196 | +1.3% |
| Financial debts | 43 | €1,211 | €1,227 | +€16 | +1.3% |
| Other loans | 439 | €1,211 | €1,227 | +€16 | +1.3% |
| Trade debts | 44 | €3,251 | €4,897 | +€1,646 | +50.6% |
| Suppliers | 440/4 | €3,251 | €4,897 | +€1,646 | +50.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €164,073 | €152,415 | -€11,658 | -7.1% |
| Accrued charges and deferred income | 492/3 | €79 | €246 | +€166 | +210% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €12,939 | €16,554 | +€3,615 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,885 | €49,190 | +€2,305 | +4.9% |
| Other operating charges | 640/8 | €4,843 | €5,289 | +€446 | +9.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €98,729 | €89,016 | -€9,713 | -9.8% |
| Operating profit (loss) | 9901 | €34,062 | €17,983 | -€16,078 | -47.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,289 | €772 | -€517 | -40.1% |
| Recurring financial charges | 65 | €1,289 | €772 | -€517 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €32,773 | €17,212 | -€15,562 | -47.5% |
| Income taxes | 67/77 | €8,111 | €4,663 | -€3,448 | -42.5% |
| Profit (loss) for the period | 9904 | €24,662 | €12,549 | -€12,113 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,662 | €12,549 | -€12,113 | -49.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 2 November 2026 via checked.be.