WALRAET 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.
WALRAET DENTAL
Largest movements
- Cash +€659,808
up €659,808 (+745%), from €88,521 to €748,329
mainly Net result for the year (+€722,398) and Other debts (+€465,093)
- Tangible fixed assets -€455,786
down €455,786 (-20.2%), from €2.3m to €1.8m
of which Land and buildings: -€291,276
- Receivables within one year +€93,100
up €93,100 (+79.1%), from €117,707 to €210,807
of which Trade receivables: +€159,242
- Intangible fixed assets -€30,443
down €30,443 (-61.0%), from €49,943 to €19,500
- Other debts +€465,093
up €465,093 (+304%), from €153,000 to €618,093
- Debts after one year -€169,025
down €169,025 (-9.8%), from €1.7m to €1.6m
- Reserves -€87,602
down €87,602 (-38.2%), from €229,508 to €141,906
- Short-term financial debts +€83,876
up €83,876 (+134%), from €62,703 to €146,580
- Trade debts -€51,661
down €51,661 (-66.4%), from €77,815 to €26,155
- Gross operating margin +€453,710
up €453,710 (+58.1%), from €780,761 to €1.2m
- Taxes +€154,738
up €154,738 (+170%), from €91,145 to €245,883
- Staff costs -€84,275
down €84,275 (-46.0%), from €183,316 to €99,041
- Depreciation -€54,399
down €54,399 (-35.5%), from €153,177 to €98,778
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 | €2,520,087 | €2,791,212 | +€271,125 | +10.8% |
| Fixed assets | 21/28 | €2,308,889 | €1,822,660 | -€486,229 | -21.1% |
| Intangible fixed assets | 21 | €49,943 | €19,500 | -€30,443 | -61.0% |
| Tangible fixed assets | 22/27 | €2,258,946 | €1,803,160 | -€455,786 | -20.2% |
| Land and buildings | 22 | €2,091,431 | €1,800,155 | -€291,276 | -13.9% |
| Plant, machinery and equipment | 23 | €69,678 | €3,005 | -€66,674 | -95.7% |
| Furniture and vehicles | 24 | €15,948 | €0 | -€15,948 | -100% |
| Leasing and similar rights | 25 | €81,888 | €0 | -€81,888 | -100% |
| Current assets | 29/58 | €211,198 | €968,552 | +€757,355 | +359% |
| Amounts receivable within one year | 40/41 | €117,707 | €210,807 | +€93,100 | +79.1% |
| Trade receivables | 40 | €17,972 | €177,213 | +€159,242 | +886% |
| Other amounts receivable | 41 | €99,735 | €33,594 | -€66,141 | -66.3% |
| Cash at bank and in hand | 54/58 | €88,521 | €748,329 | +€659,808 | +745% |
| Deferred charges and accrued income | 490/1 | €4,970 | €9,416 | +€4,446 | +89.4% |
| Total equity and liabilities | 10/49 | €2,520,087 | €2,791,212 | +€271,125 | +10.8% |
| Equity | 10/15 | €244,508 | €156,906 | -€87,602 | -35.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €229,508 | €141,906 | -€87,602 | -38.2% |
| Distributable reserves | 133 | €229,508 | €141,906 | -€87,602 | -38.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,275,579 | €2,634,306 | +€358,727 | +15.8% |
| Amounts payable after more than one year | 17 | €1,730,591 | €1,561,566 | -€169,025 | -9.8% |
| Financial debts | 170/4 | €1,730,591 | €1,561,566 | -€169,025 | -9.8% |
| Amounts payable within one year | 42/48 | €526,634 | €1,066,215 | +€539,580 | +102% |
| Current portion of amounts payable after more than one year | 42 | €166,158 | €169,025 | +€2,867 | +1.7% |
| Financial debts | 43 | €62,703 | €146,580 | +€83,876 | +134% |
| Credit institutions | 430/8 | €62,703 | €146,580 | +€83,876 | +134% |
| Trade debts | 44 | €77,815 | €26,155 | -€51,661 | -66.4% |
| Suppliers | 440/4 | €77,815 | €26,155 | -€51,661 | -66.4% |
| Taxes, remuneration and social security | 45 | €66,957 | €106,362 | +€39,404 | +58.9% |
| Taxes | 450/3 | €43,145 | €106,362 | +€63,217 | +147% |
| Remuneration and social security | 454/9 | €23,813 | €0 | -€23,813 | -100% |
| Other amounts payable | 47/48 | €153,000 | €618,093 | +€465,093 | +304% |
| Accrued charges and deferred income | 492/3 | €18,353 | €6,525 | -€11,828 | -64.4% |
| Non-recurring operating income | 76A | - | €190 | +€190 | |
| Remuneration, social security and pensions | 62 | €183,316 | €99,041 | -€84,275 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,177 | €98,778 | -€54,399 | -35.5% |
| Other operating charges | 640/8 | €4,635 | €15,722 | +€11,088 | +239% |
| Gross operating margin | 9900 | €780,761 | €1,234,470 | +€453,710 | +58.1% |
| Operating profit (loss) | 9901 | €439,633 | €1,020,929 | +€581,296 | +132% |
| Financial income | 75/76B | €4,955 | €5,639 | +€684 | +13.8% |
| Recurring financial income | 75 | €4,955 | €5,639 | +€684 | +13.8% |
| Financial charges | 65/66B | €62,906 | €58,287 | -€4,619 | -7.3% |
| Recurring financial charges | 65 | €62,906 | €58,287 | -€4,619 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €381,682 | €968,280 | +€586,598 | +154% |
| Income taxes | 67/77 | €91,145 | €245,883 | +€154,738 | +170% |
| Profit (loss) for the period | 9904 | €290,538 | €722,398 | +€431,860 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €290,538 | €722,398 | +€431,860 | +149% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.