DEN HAAN: 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 HAAN
Largest movements
- Cash +€96,359
up €96,359 (+185%), from €52,054 to €148,413
mainly Depreciation (+€72,978) and Net result for the year (+€56,688)
- Tangible fixed assets -€11,858
down €11,858 (-5.7%), from €207,044 to €195,186
of which Land and buildings: -€39,359
- Receivables within one year +€7,378
up €7,378 (+50,919%), from €14 to €7,393
of which Other amounts receivable: +€7,393
- Deferred charges and accrued income -€4,054
down €4,054 (-56.8%), from €7,132 to €3,078
- Stocks and contracts -€3,776
down €3,776 (-52.3%), from €7,226 to €3,450
- Profit (loss) carried forward +€46,622
no longer reported in 2025 (was -€46,622)
- Debts after one year +€37,932
up €37,932 (+763%), from €4,972 to €42,904
- Other debts -€36,233
no longer reported in 2025 (was €36,233)
- Tax, wage and social debts +€25,832
up €25,832 (+47.3%), from €54,591 to €80,424
of which Taxes: +€28,959
- Trade debts -€14,115
down €14,115 (-48.1%), from €29,365 to €15,250
- Staff costs -€33,293
down €33,293 (-11.0%), from €302,732 to €269,439
- Gross operating margin +€28,101
up €28,101 (+6.9%), from €407,286 to €435,387
- Taxes +€17,496
up €17,496 (+207%), from €8,444 to €25,941
- Other operating charges -€5,209
down €5,209 (-47.4%), from €10,980 to €5,771
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 | €273,470 | €357,520 | +€84,050 | +30.7% |
| Fixed assets | 21/28 | €207,044 | €195,186 | -€11,858 | -5.7% |
| Tangible fixed assets | 22/27 | €207,044 | €195,186 | -€11,858 | -5.7% |
| Land and buildings | 22 | €141,738 | €102,378 | -€39,359 | -27.8% |
| Plant, machinery and equipment | 23 | €31,031 | €23,639 | -€7,392 | -23.8% |
| Furniture and vehicles | 24 | €34,276 | €69,169 | +€34,893 | +102% |
| Current assets | 29/58 | €66,426 | €162,333 | +€95,907 | +144% |
| Stocks and contracts in progress | 3 | €7,226 | €3,450 | -€3,776 | -52.3% |
| Stocks | 30/36 | €7,226 | €3,450 | -€3,776 | -52.3% |
| Amounts receivable within one year | 40/41 | €14 | €7,393 | +€7,378 | +50,919% |
| Trade receivables | 40 | €14 | - | -€14 | |
| Other amounts receivable | 41 | - | €7,393 | +€7,393 | |
| Cash at bank and in hand | 54/58 | €52,054 | €148,413 | +€96,359 | +185% |
| Deferred charges and accrued income | 490/1 | €7,132 | €3,078 | -€4,054 | -56.8% |
| Total equity and liabilities | 10/49 | €273,470 | €357,520 | +€84,050 | +30.7% |
| Equity | 10/15 | €128,949 | €185,638 | +€56,688 | +44.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €169,371 | €179,438 | +€10,066 | +5.9% |
| Distributable reserves | 133 | €169,371 | €179,438 | +€10,066 | +5.9% |
| Profit (loss) carried forward | 14 | -€46,622 | - | +€46,622 | |
| Amounts payable | 17/49 | €144,521 | €171,882 | +€27,361 | +18.9% |
| Amounts payable after more than one year | 17 | €4,972 | €42,904 | +€37,932 | +763% |
| Financial debts | 170/4 | €4,972 | €42,904 | +€37,932 | +763% |
| Amounts payable within one year | 42/48 | €134,203 | €114,482 | -€19,721 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €14,014 | €18,808 | +€4,794 | +34.2% |
| Trade debts | 44 | €29,365 | €15,250 | -€14,115 | -48.1% |
| Suppliers | 440/4 | €29,365 | €15,250 | -€14,115 | -48.1% |
| Taxes, remuneration and social security | 45 | €54,591 | €80,424 | +€25,832 | +47.3% |
| Taxes | 450/3 | €38,518 | €67,477 | +€28,959 | +75.2% |
| Remuneration and social security | 454/9 | €16,074 | €12,947 | -€3,127 | -19.5% |
| Other amounts payable | 47/48 | €36,233 | - | -€36,233 | |
| Accrued charges and deferred income | 492/3 | €5,345 | €14,496 | +€9,150 | +171% |
| Non-recurring operating income | 76A | €14,000 | €26,446 | +€12,446 | +88.9% |
| Remuneration, social security and pensions | 62 | €302,732 | €269,439 | -€33,293 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,088 | €72,978 | -€4,110 | -5.3% |
| Other operating charges | 640/8 | €10,980 | €5,771 | -€5,209 | -47.4% |
| Gross operating margin | 9900 | €407,286 | €435,387 | +€28,101 | +6.9% |
| Operating profit (loss) | 9901 | €16,486 | €87,199 | +€70,713 | +429% |
| Financial income | 75/76B | €30 | €44 | +€14 | +45.7% |
| Recurring financial income | 75 | €30 | €44 | +€14 | +45.7% |
| Financial charges | 65/66B | €2,145 | €4,615 | +€2,470 | +115% |
| Recurring financial charges | 65 | €2,145 | €4,615 | +€2,470 | +115% |
| Profit (loss) for the period before taxes | 9903 | €14,372 | €82,629 | +€68,257 | +475% |
| Income taxes | 67/77 | €8,444 | €25,941 | +€17,496 | +207% |
| Profit (loss) for the period | 9904 | €5,927 | €56,688 | +€50,761 | +856% |
| Profit (loss) for the period to be appropriated | 9905 | €5,927 | €56,688 | +€50,761 | +856% |
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.