VARODENT: 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.
VARODENT
Largest movements
- Cash +€42,156
up €42,156 (+15.3%), from €275,510 to €317,667
mainly Net result for the year (+€28,430) and Receivables within one year (+€13,470)
- Receivables within one year -€13,470
down €13,470 (-56.0%), from €24,056 to €10,585
of which Trade receivables: -€18,950
- Tangible fixed assets -€11,567
down €11,567 (-43.0%), from €26,878 to €15,310
of which Furniture and vehicles: -€8,358
- Reserves +€28,430
up €28,430 (+7.0%), from €407,554 to €435,984
- Gross operating margin -€36,873
down €36,873 (-43.4%), from €84,956 to €48,083
- Taxes -€9,806
down €9,806 (-47.4%), from €20,691 to €10,885
- Financial charges +€7,655
up €7,655, from -€6,116 to €1,539
- Financial income +€4,593
up €4,593 (+336.3%), from €1,366 to €5,959
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 | €436,557 | €460,351 | +€23,794 | +5.5% |
| Fixed assets | 21/28 | €26,878 | €15,310 | -€11,567 | -43.0% |
| Tangible fixed assets | 22/27 | €26,878 | €15,310 | -€11,567 | -43.0% |
| Plant, machinery and equipment | 23 | €7,870 | €4,661 | -€3,209 | -40.8% |
| Furniture and vehicles | 24 | €19,008 | €10,650 | -€8,358 | -44.0% |
| Current assets | 29/58 | €409,679 | €445,040 | +€35,361 | +8.6% |
| Stocks and contracts in progress | 3 | €15,588 | €15,787 | +€199 | +1.3% |
| Stocks | 30/36 | €15,588 | €15,787 | +€199 | +1.3% |
| Amounts receivable within one year | 40/41 | €24,056 | €10,585 | -€13,470 | -56.0% |
| Trade receivables | 40 | €23,816 | €4,867 | -€18,950 | -79.6% |
| Other amounts receivable | 41 | €240 | €5,719 | +€5,479 | +2286.5% |
| Current investments | 50/53 | €94,518 | €98,500 | +€3,982 | +4.2% |
| Cash at bank and in hand | 54/58 | €275,510 | €317,667 | +€42,156 | +15.3% |
| Deferred charges and accrued income | 490/1 | €7 | €2,501 | +€2,494 | +36629.4% |
| Total equity and liabilities | 10/49 | €436,557 | €460,351 | +€23,794 | +5.5% |
| Equity | 10/15 | €426,154 | €454,584 | +€28,430 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €407,554 | €435,984 | +€28,430 | +7.0% |
| Distributable reserves | 133 | €407,554 | €435,984 | +€28,430 | +7.0% |
| Amounts payable | 17/49 | €10,403 | €5,767 | -€4,636 | -44.6% |
| Amounts payable within one year | 42/48 | €9,441 | €4,936 | -€4,504 | -47.7% |
| Trade debts | 44 | €3,620 | €941 | -€2,678 | -74.0% |
| Suppliers | 440/4 | €3,620 | €941 | -€2,678 | -74.0% |
| Taxes, remuneration and social security | 45 | €2,892 | €1,450 | -€1,442 | -49.9% |
| Taxes | 450/3 | €2,892 | €1,450 | -€1,442 | -49.9% |
| Other amounts payable | 47/48 | €2,929 | €2,545 | -€384 | -13.1% |
| Accrued charges and deferred income | 492/3 | €962 | €831 | -€132 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,534 | €12,621 | +€87 | +0.7% |
| Other operating charges | 640/8 | €542 | €568 | +€26 | +4.8% |
| Gross operating margin | 9900 | €84,956 | €48,083 | -€36,873 | -43.4% |
| Operating profit (loss) | 9901 | €71,881 | €34,895 | -€36,986 | -51.5% |
| Financial income | 75/76B | €1,366 | €5,959 | +€4,593 | +336.3% |
| Recurring financial income | 75 | €1,366 | €5,959 | +€4,593 | +336.3% |
| Financial charges | 65/66B | -€6,116 | €1,539 | +€7,655 | |
| Recurring financial charges | 65 | -€6,116 | €1,539 | +€7,655 | |
| Profit (loss) for the period before taxes | 9903 | €79,363 | €39,315 | -€40,048 | -50.5% |
| Income taxes | 67/77 | €20,691 | €10,885 | -€9,806 | -47.4% |
| Profit (loss) for the period | 9904 | €58,672 | €28,430 | -€30,242 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,672 | €28,430 | -€30,242 | -51.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.