Vanho 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.
Vanho Dental
Largest movements
- Receivables within one year -€25,137
no longer reported in 2025 (was €25,137)
- Current investments +€12,618
up €12,618 (+8.7%), from €145,223 to €157,841
- Cash +€10,624
up €10,624 (+19.8%), from €53,759 to €64,383
mainly Net result for the year (+€73,670) and Receivables within one year (+€25,137)
- Tangible fixed assets +€10,308
up €10,308 (+20.9%), from €49,252 to €59,560
of which Other tangible fixed assets: +€8,832
- Reserves -€27,500
down €27,500 (-10.9%), from €251,860 to €224,360
- Other debts +€20,258
new in 2025: €20,258
- Tax, wage and social debts +€19,750
new in 2025: €19,750
- Short-term financial debts -€4,150
no longer reported in 2025 (was €4,150)
- Gross operating margin +€12,171
up €12,171 (+11.5%), from €105,616 to €117,787
- Taxes +€6,228
up €6,228 (+22.3%), from €27,961 to €34,189
- Financial income +€3,359
up €3,359 (+1,030%), from €326 to €3,685
- Financial charges -€1,478
down €1,478 (-40.0%), from €3,694 to €2,216
- Depreciation -€1,464
down €1,464 (-12.2%), from €12,010 to €10,546
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 | €275,597 | €285,003 | +€9,406 | +3.4% |
| Fixed assets | 21/28 | €49,252 | €59,560 | +€10,308 | +20.9% |
| Tangible fixed assets | 22/27 | €49,252 | €59,560 | +€10,308 | +20.9% |
| Plant, machinery and equipment | 23 | €6,089 | €7,812 | +€1,723 | +28.3% |
| Furniture and vehicles | 24 | €247 | - | -€247 | |
| Other tangible fixed assets | 26 | €42,916 | €51,748 | +€8,832 | +20.6% |
| Current assets | 29/58 | €226,345 | €225,443 | -€902 | -0.4% |
| Amounts receivable within one year | 40/41 | €25,137 | - | -€25,137 | |
| Other amounts receivable | 41 | €25,137 | - | -€25,137 | |
| Current investments | 50/53 | €145,223 | €157,841 | +€12,618 | +8.7% |
| Cash at bank and in hand | 54/58 | €53,759 | €64,383 | +€10,624 | +19.8% |
| Deferred charges and accrued income | 490/1 | €2,226 | €3,219 | +€993 | +44.6% |
| Total equity and liabilities | 10/49 | €275,597 | €285,003 | +€9,406 | +3.4% |
| Equity | 10/15 | €266,582 | €240,252 | -€26,330 | -9.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €251,860 | €224,360 | -€27,500 | -10.9% |
| Distributable reserves | 133 | €251,860 | €224,360 | -€27,500 | -10.9% |
| Profit (loss) carried forward | 14 | €8,522 | €9,692 | +€1,170 | +13.7% |
| Amounts payable | 17/49 | €9,015 | €44,751 | +€35,736 | +396% |
| Amounts payable within one year | 42/48 | €9,015 | €44,751 | +€35,736 | +396% |
| Financial debts | 43 | €4,150 | - | -€4,150 | |
| Credit institutions | 430/8 | €4,150 | - | -€4,150 | |
| Trade debts | 44 | €4,865 | €4,743 | -€122 | -2.5% |
| Suppliers | 440/4 | €4,865 | €4,743 | -€122 | -2.5% |
| Taxes, remuneration and social security | 45 | - | €19,750 | +€19,750 | |
| Taxes | 450/3 | - | €19,750 | +€19,750 | |
| Other amounts payable | 47/48 | - | €20,258 | +€20,258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,010 | €10,546 | -€1,464 | -12.2% |
| Other operating charges | 640/8 | €1,260 | €851 | -€409 | -32.5% |
| Gross operating margin | 9900 | €105,616 | €117,787 | +€12,171 | +11.5% |
| Operating profit (loss) | 9901 | €92,346 | €106,390 | +€14,044 | +15.2% |
| Financial income | 75/76B | €326 | €3,685 | +€3,359 | +1,030% |
| Recurring financial income | 75 | €326 | €3,685 | +€3,359 | +1,030% |
| Financial charges | 65/66B | €3,694 | €2,216 | -€1,478 | -40.0% |
| Recurring financial charges | 65 | €3,694 | €2,216 | -€1,478 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €88,978 | €107,859 | +€18,881 | +21.2% |
| Income taxes | 67/77 | €27,961 | €34,189 | +€6,228 | +22.3% |
| Profit (loss) for the period | 9904 | €61,017 | €73,670 | +€12,653 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,017 | €73,670 | +€12,653 | +20.7% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.