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
- Cash +€62,319
up €62,319 (+2,930%), from €2,127 to €64,446
mainly Debts after one year (+€409,092) and Receivables after one year (+€53,462)
- Receivables after one year -€53,462
down €53,462 (-21.2%), from €251,807 to €198,344
- Tangible fixed assets -€30,445
down €30,445 (-3.2%), from €953,148 to €922,704
of which Land and buildings: -€32,705
- Short-term financial debts -€450,000
down €450,000 (-100%), from €450,000 to €0
- Debts after one year +€409,092
up €409,092 (+56.0%), from €730,796 to €1.1m
of which Other amounts payable: +€507,289
- Current portion of long-term debt +€41,504
up €41,504 (+73.1%), from €56,757 to €98,261
- Profit (loss) carried forward -€25,255
down €25,255 (-9.4%), from -€269,802 to -€295,057
- Financial charges -€22,515
down €22,515 (-46.1%), from €48,805 to €26,290
- Gross operating margin +€17,209
up €17,209 (+75.0%), from €22,954 to €40,163
- Other operating charges +€10,115
up €10,115 (+161%), from €6,270 to €16,384
- Depreciation -€2,234
down €2,234 (-5.9%), from €38,000 to €35,766
- Financial income -€901
down €901 (-14.8%), from €6,093 to €5,192
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 | €1,370,754 | €1,344,659 | -€26,095 | -1.9% |
| Fixed assets | 21/28 | €1,110,660 | €1,080,215 | -€30,445 | -2.7% |
| Tangible fixed assets | 22/27 | €953,148 | €922,704 | -€30,445 | -3.2% |
| Land and buildings | 22 | €950,415 | €917,710 | -€32,705 | -3.4% |
| Plant, machinery and equipment | 23 | - | €1,433 | +€1,433 | |
| Furniture and vehicles | 24 | €2,733 | €3,561 | +€828 | +30.3% |
| Financial fixed assets | 28 | €157,511 | €157,511 | = | 0.0% |
| Current assets | 29/58 | €260,095 | €264,444 | +€4,349 | +1.7% |
| Amounts receivable after more than one year | 29 | €251,807 | €198,344 | -€53,462 | -21.2% |
| Other amounts receivable | 291 | €251,807 | €198,344 | -€53,462 | -21.2% |
| Amounts receivable within one year | 40/41 | €4,223 | €62 | -€4,161 | -98.5% |
| Trade receivables | 40 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts receivable | 41 | €3,223 | €62 | -€3,161 | -98.1% |
| Cash at bank and in hand | 54/58 | €2,127 | €64,446 | +€62,319 | +2,930% |
| Deferred charges and accrued income | 490/1 | €1,939 | €1,592 | -€347 | -17.9% |
| Total equity and liabilities | 10/49 | €1,370,754 | €1,344,659 | -€26,095 | -1.9% |
| Equity | 10/15 | -€16,744 | -€47,872 | -€31,128 | -186% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €27,723 | €27,723 | = | 0.0% |
| Reserves | 13 | €163,362 | €157,489 | -€5,873 | -3.6% |
| Tax-exempt reserves | 132 | €163,362 | €157,489 | -€5,873 | -3.6% |
| Profit (loss) carried forward | 14 | -€269,802 | -€295,057 | -€25,255 | -9.4% |
| Provisions and deferred taxes | 16 | €54,454 | €52,496 | -€1,958 | -3.6% |
| Deferred taxes | 168 | €54,454 | €52,496 | -€1,958 | -3.6% |
| Amounts payable | 17/49 | €1,333,045 | €1,340,035 | +€6,990 | +0.5% |
| Amounts payable after more than one year | 17 | €730,796 | €1,139,888 | +€409,092 | +56.0% |
| Financial debts | 170/4 | €490,771 | €392,573 | -€98,198 | -20.0% |
| Other amounts payable | 178/9 | €240,026 | €747,315 | +€507,289 | +211% |
| Amounts payable within one year | 42/48 | €574,699 | €164,287 | -€410,412 | -71.4% |
| Current portion of amounts payable after more than one year | 42 | €56,757 | €98,261 | +€41,504 | +73.1% |
| Financial debts | 43 | €450,000 | €0 | -€450,000 | -100% |
| Credit institutions | 430/8 | €450,000 | €0 | -€450,000 | -100% |
| Trade debts | 44 | €25,931 | €25,526 | -€404 | -1.6% |
| Suppliers | 440/4 | €25,931 | €25,526 | -€404 | -1.6% |
| Advances received on contracts in progress | 46 | €1,210 | €0 | -€1,210 | -100% |
| Taxes, remuneration and social security | 45 | €33,801 | €33,500 | -€301 | -0.9% |
| Taxes | 450/3 | €33,801 | €33,500 | -€301 | -0.9% |
| Other amounts payable | 47/48 | €7,000 | €7,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €27,550 | €35,860 | +€8,310 | +30.2% |
| Non-recurring operating income | 76A | €21,936 | €0 | -€21,936 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,000 | €35,766 | -€2,234 | -5.9% |
| Other operating charges | 640/8 | €6,270 | €16,384 | +€10,115 | +161% |
| Gross operating margin | 9900 | €22,954 | €40,163 | +€17,209 | +75.0% |
| Operating profit (loss) | 9901 | -€21,316 | -€11,988 | +€9,329 | +43.8% |
| Financial income | 75/76B | €6,093 | €5,192 | -€901 | -14.8% |
| Recurring financial income | 75 | €6,093 | €5,192 | -€901 | -14.8% |
| Financial charges | 65/66B | €48,805 | €26,290 | -€22,515 | -46.1% |
| Recurring financial charges | 65 | €48,805 | €26,290 | -€22,515 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | -€64,028 | -€33,086 | +€30,943 | +48.3% |
| Transfer from deferred taxes | 780 | €1,960 | €1,958 | -€2 | -0.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€62,069 | -€31,128 | +€30,941 | +49.8% |
| Transfer from tax-exempt reserves | 789 | €5,879 | €5,873 | -€6 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,190 | -€25,255 | +€30,935 | +55.1% |
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 27 October 2026 via checked.be.