DEN BP: 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.
DEN BP
Largest movements
- Tangible fixed assets +€11,640
up €11,640 (+52.7%), from €22,067 to €33,707
of which Plant, machinery and equipment: +€10,738
- Cash +€5,534
up €5,534 (+126%), from €4,394 to €9,928
mainly Other debts (+€30,974) and Net result for the year (+€18,421)
- Receivables within one year -€1,535
down €1,535 (-1.9%), from €80,444 to €78,909
of which Other amounts receivable: -€31,004
- Trade debts -€40,160
no longer reported in 2025 (was €40,160)
- Other debts +€30,974
new in 2025: €30,974
- Reserves +€18,421
up €18,421 (+70.6%), from €26,089 to €44,510
- Tax, wage and social debts +€6,886
up €6,886 (+17.4%), from €39,541 to €46,428
of which Taxes: +€6,886
- Gross operating margin -€2,524
down €2,524 (-6.3%), from €40,173 to €37,649
- Other operating charges +€2,338
up €2,338 (+63.2%), from €3,697 to €6,036
- Taxes -€2,189
down €2,189 (-26.6%), from €8,217 to €6,028
- Depreciation +€1,582
up €1,582 (+29.3%), from €5,392 to €6,974
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 | €110,124 | €126,591 | +€16,467 | +15.0% |
| Fixed assets | 21/28 | €22,067 | €33,707 | +€11,640 | +52.7% |
| Tangible fixed assets | 22/27 | €22,067 | €33,707 | +€11,640 | +52.7% |
| Plant, machinery and equipment | 23 | €22,067 | €32,805 | +€10,738 | +48.7% |
| Furniture and vehicles | 24 | - | €902 | +€902 | |
| Current assets | 29/58 | €88,057 | €92,884 | +€4,827 | +5.5% |
| Stocks and contracts in progress | 3 | €1,187 | €1,586 | +€399 | +33.6% |
| Stocks | 30/36 | €1,187 | €1,586 | +€399 | +33.6% |
| Amounts receivable within one year | 40/41 | €80,444 | €78,909 | -€1,535 | -1.9% |
| Trade receivables | 40 | €22,032 | €51,501 | +€29,469 | +134% |
| Other amounts receivable | 41 | €58,412 | €27,408 | -€31,004 | -53.1% |
| Cash at bank and in hand | 54/58 | €4,394 | €9,928 | +€5,534 | +126% |
| Deferred charges and accrued income | 490/1 | €2,033 | €2,461 | +€428 | +21.1% |
| Total equity and liabilities | 10/49 | €110,124 | €126,591 | +€16,467 | +15.0% |
| Equity | 10/15 | €30,089 | €48,510 | +€18,421 | +61.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €26,089 | €44,510 | +€18,421 | +70.6% |
| Distributable reserves | 133 | €26,089 | €44,510 | +€18,421 | +70.6% |
| Amounts payable | 17/49 | €80,036 | €78,081 | -€1,955 | -2.4% |
| Amounts payable within one year | 42/48 | €79,701 | €77,459 | -€2,242 | -2.8% |
| Financial debts | 43 | - | €58 | +€58 | |
| Credit institutions | 430/8 | - | €58 | +€58 | |
| Trade debts | 44 | €40,160 | - | -€40,160 | |
| Suppliers | 440/4 | €40,160 | - | -€40,160 | |
| Taxes, remuneration and social security | 45 | €39,541 | €46,428 | +€6,886 | +17.4% |
| Taxes | 450/3 | €35,381 | €42,268 | +€6,886 | +19.5% |
| Remuneration and social security | 454/9 | €4,160 | €4,160 | = | 0.0% |
| Other amounts payable | 47/48 | - | €30,974 | +€30,974 | |
| Accrued charges and deferred income | 492/3 | €334 | €622 | +€288 | +86.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,392 | €6,974 | +€1,582 | +29.3% |
| Other operating charges | 640/8 | €3,697 | €6,036 | +€2,338 | +63.2% |
| Gross operating margin | 9900 | €40,173 | €37,649 | -€2,524 | -6.3% |
| Operating profit (loss) | 9901 | €31,084 | €24,640 | -€6,444 | -20.7% |
| Financial income | 75/76B | €294 | - | -€294 | |
| Recurring financial income | 75 | €294 | - | -€294 | |
| Financial charges | 65/66B | €135 | €190 | +€55 | +40.8% |
| Recurring financial charges | 65 | €135 | €190 | +€55 | +40.8% |
| Profit (loss) for the period before taxes | 9903 | €31,242 | €24,449 | -€6,793 | -21.7% |
| Income taxes | 67/77 | €8,217 | €6,028 | -€2,189 | -26.6% |
| Profit (loss) for the period | 9904 | €23,025 | €18,421 | -€4,604 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,025 | €18,421 | -€4,604 | -20.0% |
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 20 October 2026 via checked.be.