BOUWONDERNEMING DENYS: 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.
BOUWONDERNEMING DENYS
Largest movements
- Cash -€79,739
down €79,739 (-57.4%), from €138,845 to €59,106
mainly Receivables within one year (-€65,239) and Investment in fixed assets (net) (-€57,966)
- Receivables within one year +€65,239
up €65,239 (+223%), from €29,216 to €94,455
of which Trade receivables: +€66,957
- Tangible fixed assets +€35,497
up €35,497 (+21.3%), from €166,806 to €202,303
of which Furniture and vehicles: +€43,007
- Other debts +€16,528
up €16,528 (+67.2%), from €24,601 to €41,130
- Reserves +€11,868
up €11,868 (+7.8%), from €152,271 to €164,139
- Debts after one year -€10,464
down €10,464 (-10.4%), from €100,740 to €90,276
- Tax, wage and social debts +€5,143
up €5,143 (+178%), from €2,884 to €8,027
of which Taxes: +€4,979
- Gross operating margin -€50,749
down €50,749 (-34.7%), from €146,087 to €95,338
- Taxes -€14,891
down €14,891 (-53.8%), from €27,668 to €12,777
- Financial charges -€6,508
down €6,508 (-70.5%), from €9,226 to €2,718
- Staff costs -€2,743
down €2,743 (-9.7%), from €28,284 to €25,541
- Other operating charges -€2,203
down €2,203 (-62.3%), from €3,535 to €1,331
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 | €334,868 | €357,694 | +€22,826 | +6.8% |
| Fixed assets | 21/28 | €166,806 | €202,303 | +€35,497 | +21.3% |
| Tangible fixed assets | 22/27 | €166,806 | €202,303 | +€35,497 | +21.3% |
| Land and buildings | 22 | €143,693 | €136,252 | -€7,441 | -5.2% |
| Plant, machinery and equipment | 23 | €6,927 | €7,538 | +€610 | +8.8% |
| Furniture and vehicles | 24 | €15,261 | €58,268 | +€43,007 | +282% |
| Other tangible fixed assets | 26 | €924 | €245 | -€679 | -73.5% |
| Current assets | 29/58 | €168,061 | €155,391 | -€12,671 | -7.5% |
| Amounts receivable within one year | 40/41 | €29,216 | €94,455 | +€65,239 | +223% |
| Trade receivables | 40 | €23,380 | €90,337 | +€66,957 | +286% |
| Other amounts receivable | 41 | €5,836 | €4,118 | -€1,718 | -29.4% |
| Cash at bank and in hand | 54/58 | €138,845 | €59,106 | -€79,739 | -57.4% |
| Deferred charges and accrued income | 490/1 | - | €1,830 | +€1,830 | |
| Total equity and liabilities | 10/49 | €334,868 | €357,694 | +€22,826 | +6.8% |
| Equity | 10/15 | €164,671 | €176,539 | +€11,868 | +7.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €152,271 | €164,139 | +€11,868 | +7.8% |
| Distributable reserves | 133 | €152,271 | €164,139 | +€11,868 | +7.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €12,500 | €12,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €12,500 | €12,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €12,500 | €12,500 | = | 0.0% |
| Amounts payable | 17/49 | €157,696 | €168,654 | +€10,958 | +6.9% |
| Amounts payable after more than one year | 17 | €100,740 | €90,276 | -€10,464 | -10.4% |
| Financial debts | 170/4 | €100,740 | €90,276 | -€10,464 | -10.4% |
| Amounts payable within one year | 42/48 | €55,456 | €77,927 | +€22,471 | +40.5% |
| Current portion of amounts payable after more than one year | 42 | €10,624 | €10,464 | -€160 | -1.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €17,347 | €18,307 | +€960 | +5.5% |
| Suppliers | 440/4 | €17,347 | €18,307 | +€960 | +5.5% |
| Taxes, remuneration and social security | 45 | €2,884 | €8,027 | +€5,143 | +178% |
| Taxes | 450/3 | €2,835 | €7,814 | +€4,979 | +176% |
| Remuneration and social security | 454/9 | €49 | €212 | +€164 | +337% |
| Other amounts payable | 47/48 | €24,601 | €41,130 | +€16,528 | +67.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | €451 | -€1,049 | -69.9% |
| Remuneration, social security and pensions | 62 | €28,284 | €25,541 | -€2,743 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,134 | €22,469 | +€1,335 | +6.3% |
| Other operating charges | 640/8 | €3,535 | €1,331 | -€2,203 | -62.3% |
| Gross operating margin | 9900 | €146,087 | €95,338 | -€50,749 | -34.7% |
| Operating profit (loss) | 9901 | €93,135 | €45,997 | -€47,138 | -50.6% |
| Financial income | 75/76B | €712 | €507 | -€205 | -28.9% |
| Recurring financial income | 75 | €712 | €507 | -€205 | -28.9% |
| Financial charges | 65/66B | €9,226 | €2,718 | -€6,508 | -70.5% |
| Recurring financial charges | 65 | €9,226 | €2,718 | -€6,508 | -70.5% |
| Profit (loss) for the period before taxes | 9903 | €84,621 | €43,786 | -€40,835 | -48.3% |
| Income taxes | 67/77 | €27,668 | €12,777 | -€14,891 | -53.8% |
| Profit (loss) for the period | 9904 | €56,953 | €31,009 | -€25,944 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,953 | €31,009 | -€25,944 | -45.6% |
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 20 October 2026 via checked.be.