DEN EYCK: 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 EYCK
Largest movements
- Tangible fixed assets +€57,713
up €57,713 (+2,333%), from €2,473 to €60,187
of which Land and buildings: +€37,524
- Cash +€28,185
up €28,185 (+3,315%), from €850 to €29,035
- Stocks and contracts +€4,671
up €4,671 (+443%), from €1,054 to €5,725
- Receivables within one year -€3,674
down €3,674 (-83.1%), from €4,422 to €748
of which Trade receivables: -€3,155
- Deferred charges and accrued income -€2,204
down €2,204 (-83.7%), from €2,632 to €428
- Debts after one year +€49,277
new in 2025: €49,277
- Profit (loss) carried forward +€15,966
up €15,966 (+12.3%), from -€129,836 to -€113,870
- Trade debts +€10,762
new in 2025: €10,762
- Current portion of long-term debt +€10,723
new in 2025: €10,723
- Other debts -€8,688
down €8,688 (-16.2%), from €53,534 to €44,846
- Gross operating margin +€39,371
up €39,371 (+1,181%), from €3,333 to €42,704
- Staff costs +€10,538
new in 2025: €10,538
- Depreciation +€6,494
up €6,494 (+1,007%), from €645 to €7,138
- Other operating charges +€3,604
up €3,604 (+178%), from €2,029 to €5,632
- Financial charges +€1,265
up €1,265, from -€399 to €865
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,757 | €101,447 | +€84,691 | +505% |
| Fixed assets | 21/28 | €7,798 | €65,512 | +€57,713 | +740% |
| Tangible fixed assets | 22/27 | €2,473 | €60,187 | +€57,713 | +2,333% |
| Land and buildings | 22 | €710 | €38,235 | +€37,524 | +5,282% |
| Plant, machinery and equipment | 23 | €622 | €8,207 | +€7,585 | +1,219% |
| Furniture and vehicles | 24 | €1,140 | €13,745 | +€12,604 | +1,105% |
| Financial fixed assets | 28 | €5,325 | €5,325 | = | 0.0% |
| Current assets | 29/58 | €8,958 | €35,935 | +€26,977 | +301% |
| Stocks and contracts in progress | 3 | €1,054 | €5,725 | +€4,671 | +443% |
| Stocks | 30/36 | €1,054 | €5,725 | +€4,671 | +443% |
| Amounts receivable within one year | 40/41 | €4,422 | €748 | -€3,674 | -83.1% |
| Trade receivables | 40 | €3,155 | - | -€3,155 | |
| Other amounts receivable | 41 | €1,267 | €748 | -€519 | -41.0% |
| Cash at bank and in hand | 54/58 | €850 | €29,035 | +€28,185 | +3,315% |
| Deferred charges and accrued income | 490/1 | €2,632 | €428 | -€2,204 | -83.7% |
| Total equity and liabilities | 10/49 | €16,757 | €101,447 | +€84,691 | +505% |
| Equity | 10/15 | -€40,337 | -€24,371 | +€15,966 | +39.6% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Capital | 10 | €37,200 | - | -€37,200 | |
| Issued capital | 100 | €37,200 | - | -€37,200 | |
| Reserves | 13 | €52,299 | €52,299 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,720 | - | -€3,720 | |
| Legal reserve | 130 | €3,720 | - | -€3,720 | |
| Tax-exempt reserves | 132 | €16,266 | €16,266 | = | 0.0% |
| Distributable reserves | 133 | €32,313 | €36,033 | +€3,720 | +11.5% |
| Profit (loss) carried forward | 14 | -€129,836 | -€113,870 | +€15,966 | +12.3% |
| Amounts payable | 17/49 | €57,094 | €125,818 | +€68,725 | +120% |
| Amounts payable after more than one year | 17 | - | €49,277 | +€49,277 | |
| Financial debts | 170/4 | - | €49,277 | +€49,277 | |
| Amounts payable within one year | 42/48 | €57,094 | €76,541 | +€19,447 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | - | €10,723 | +€10,723 | |
| Trade debts | 44 | - | €10,762 | +€10,762 | |
| Suppliers | 440/4 | - | €10,762 | +€10,762 | |
| Taxes, remuneration and social security | 45 | €3,560 | €10,211 | +€6,651 | +187% |
| Taxes | 450/3 | €1,645 | €9,489 | +€7,845 | +477% |
| Remuneration and social security | 454/9 | €1,915 | €722 | -€1,194 | -62.3% |
| Other amounts payable | 47/48 | €53,534 | €44,846 | -€8,688 | -16.2% |
| Remuneration, social security and pensions | 62 | - | €10,538 | +€10,538 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €645 | €7,138 | +€6,494 | +1,007% |
| Other operating charges | 640/8 | €2,029 | €5,632 | +€3,604 | +178% |
| Non-recurring operating charges | 66A | - | €1,333 | +€1,333 | |
| Gross operating margin | 9900 | €3,333 | €42,704 | +€39,371 | +1,181% |
| Operating profit (loss) | 9901 | €660 | €18,062 | +€17,402 | +2,637% |
| Financial income | 75/76B | €1 | €5 | +€4 | +449% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +449% |
| Financial charges | 65/66B | -€399 | €865 | +€1,265 | |
| Recurring financial charges | 65 | -€399 | €865 | +€1,265 | |
| Profit (loss) for the period before taxes | 9903 | €1,060 | €17,201 | +€16,141 | +1,523% |
| Income taxes | 67/77 | €154 | €72 | -€81 | -52.9% |
| Profit (loss) for the period | 9904 | €907 | €17,129 | +€16,223 | +1,789% |
| Profit (loss) for the period to be appropriated | 9905 | €907 | €17,129 | +€16,223 | +1,789% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.