DEN DAM HOLDING: 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.
What changed
DEN DAM HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €214,944+€1.0m
Equity
€26.5m
2024 · €25.4m+€1.1m
Cash
€302,011
2024 · €238,898+€63,113
Balance sheet total
€30.2m
2024 · €29.4m+€859,740
Largest movements
Assets
- Current investments +€1.0m
up €1.0m (+14.5%), from €7.1m to €8.1m
Equity and liabilities
- Reserves +€1.1m
up €1.1m (+7.2%), from €15.1m to €16.2m
Income statement
- Financial income +€1.1m
up €1.1m (+508%), from €212,239 to €1.3m
of which Financial income: +€1.1m
- Taxes +€48,202
up €48,202 (+47.9%), from €100,734 to €148,936
- Turnover +€16,332
up €16,332 (+2.7%), from €605,924 to €622,257
- Financial charges +€8,126
up €8,126 (+12.3%), from €66,294 to €74,420
of which Financial charges: +€8,126
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.
Result 2024
€214,944
Turnover
+€16,332
Other operating income
+€4
Services and other goods
-€4,222
Staff costs
-€2,731
Depreciation
+€2,036
Other operating charges
-€121
Other operating items
-€1,309
Financial income
+€1.1m
Financial charges
-€8,126
Taxes
-€48,202
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.2m
Investment
-€1.0m
Financing
-€150,000
Cash 2024
€238,898
From operations (derived)
+€1.2m
Net result for the year
+€1.2m
Depreciation
+€1,010
Receivables after one year
+€100,000
Receivables within one year
+€118,125
Deferred charges and accrued income
+€10,239
Smaller working-capital items
-€3,114
Tax, wage and social debts
+€37,813
Other debts
-€271,910
Investment (derived)
-€1.0m
Current investments
-€1.0m
Financing
-€150,000
Contributions, distributions and other
-€150,000
Cash 2025
€302,011
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,353,543 | €30,213,283 | +€859,740 | +2.9% |
| Fixed assets | 21/28 | €20,991,808 | €20,990,798 | -€1,010 | 0.0% |
| Intangible fixed assets | 21 | €79 | €0 | -€79 | -100% |
| Tangible fixed assets | 22/27 | €1,412 | €481 | -€931 | -65.9% |
| Furniture and vehicles | 24 | €1,412 | €481 | -€931 | -65.9% |
| Financial fixed assets | 28 | €20,990,317 | €20,990,317 | = | 0.0% |
| Affiliated companies | 280/1 | €20,990,317 | €20,990,317 | = | 0.0% |
| Participating interests | 280 | €20,990,317 | €20,990,317 | = | 0.0% |
| Current assets | 29/58 | €8,361,735 | €9,222,485 | +€860,750 | +10.3% |
| Amounts receivable after more than one year | 29 | €800,000 | €700,000 | -€100,000 | -12.5% |
| Other amounts receivable | 291 | €800,000 | €700,000 | -€100,000 | -12.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €134,070 | €15,946 | -€118,125 | -88.1% |
| Trade receivables | 40 | €84,849 | €3,783 | -€81,066 | -95.5% |
| Other amounts receivable | 41 | €49,221 | €12,163 | -€37,058 | -75.3% |
| Current investments | 50/53 | €7,090,000 | €8,116,000 | +€1.0m | +14.5% |
| Other investments | 51/53 | €7,090,000 | €8,116,000 | +€1.0m | +14.5% |
| Cash at bank and in hand | 54/58 | €238,898 | €302,011 | +€63,113 | +26.4% |
| Deferred charges and accrued income | 490/1 | €98,767 | €88,528 | -€10,239 | -10.4% |
| Total equity and liabilities | 10/49 | €29,353,543 | €30,213,283 | +€859,740 | +2.9% |
| Equity | 10/15 | €25,437,827 | €26,534,779 | +€1.1m | +4.3% |
| Contributions | 10/11 | €10,293,753 | €10,293,753 | = | 0.0% |
| Reserves | 13 | €15,144,075 | €16,241,026 | +€1.1m | +7.2% |
| Distributable reserves | 133 | €15,144,075 | €16,241,026 | +€1.1m | +7.2% |
| Amounts payable | 17/49 | €3,915,716 | €3,678,504 | -€237,211 | -6.1% |
| Amounts payable within one year | 42/48 | €3,886,415 | €3,651,408 | -€235,007 | -6.0% |
| Trade debts | 44 | €34,496 | €33,586 | -€910 | -2.6% |
| Suppliers | 440/4 | €34,496 | €33,586 | -€910 | -2.6% |
| Taxes, remuneration and social security | 45 | €67,528 | €105,340 | +€37,813 | +56.0% |
| Taxes | 450/3 | €56,370 | €92,865 | +€36,495 | +64.7% |
| Remuneration and social security | 454/9 | €11,158 | €12,475 | +€1,318 | +11.8% |
| Other amounts payable | 47/48 | €3,784,391 | €3,512,482 | -€271,910 | -7.2% |
| Accrued charges and deferred income | 492/3 | €29,301 | €27,096 | -€2,204 | -7.5% |
| Operating income | 70/76A | €607,518 | €622,545 | +€15,027 | +2.5% |
| Turnover | 70 | €605,924 | €622,257 | +€16,332 | +2.7% |
| Other operating income | 74 | €284 | €288 | +€4 | +1.5% |
| Non-recurring operating income | 76A | €1,309 | €0 | -€1,309 | -100% |
| Operating charges | 60/66A | €437,786 | €442,824 | +€5,037 | +1.2% |
| Services and other goods | 61 | €382,266 | €386,488 | +€4,222 | +1.1% |
| Remuneration, social security and pensions | 62 | €51,389 | €54,120 | +€2,731 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,046 | €1,010 | -€2,036 | -66.9% |
| Other operating charges | 640/8 | €1,086 | €1,206 | +€121 | +11.1% |
| Operating profit (loss) | 9901 | €169,731 | €179,721 | +€9,990 | +5.9% |
| Financial income | 75/76B | €212,239 | €1,290,585 | +€1.1m | +508% |
| Recurring financial income | 75 | €211,659 | €1,290,585 | +€1.1m | +510% |
| Income from financial fixed assets | 750 | €211,652 | €1,289,520 | +€1.1m | +509% |
| Other financial income | 752/9 | €6 | €1,065 | +€1,059 | +16,703% |
| Non-recurring financial income | 76B | €581 | €0 | -€581 | -100% |
| Financial charges | 65/66B | €66,294 | €74,420 | +€8,126 | +12.3% |
| Recurring financial charges | 65 | €66,294 | €74,420 | +€8,126 | +12.3% |
| Debt charges | 650 | €66,265 | €74,390 | +€8,125 | +12.3% |
| Other financial charges | 652/9 | €29 | €30 | +€1 | +3.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €315,677 | €1,395,887 | +€1.1m | +342% |
| Income taxes | 67/77 | €100,734 | €148,936 | +€48,202 | +47.9% |
| Taxes | 670/3 | €100,734 | €148,936 | +€48,202 | +47.9% |
| Profit (loss) for the period | 9904 | €214,944 | €1,246,951 | +€1.0m | +480% |
| Profit (loss) for the period to be appropriated | 9905 | €214,944 | €1,246,951 | +€1.0m | +480% |
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 26 October 2026 via checked.be.