DEN TERRIL: what changed
What changed
DEN TERRIL
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €1.4m-€163,779
Equity
€3.3m
2024 · €2.4m+€914,874
Cash
€1.3m
2024 · €661,298+€686,975
Balance sheet total
€5.8m
2024 · €4.8m+€943,521
Largest movements
Assets
- Cash +€686,975
up €686,975 (+104%), from €661,298 to €1.3m
mainly Net result for the year (+€1.2m) and Trade debts (+€545,639)
- Receivables within one year +€325,242
up €325,242 (+151%), from €215,644 to €540,886
of which Other amounts receivable: +€234,897
- Current investments +€182,278
up €182,278 (+10.3%), from €1.8m to €2.0m
- Tangible fixed assets -€155,503
down €155,503 (-19.7%), from €791,242 to €635,740
of which Plant, machinery and equipment: -€115,417
- Intangible fixed assets -€150,000
down €150,000 (-17.6%), from €851,394 to €701,394
Equity and liabilities
- Reserves +€914,874
up €914,874 (+53.2%), from €1.7m to €2.6m
of which Distributable reserves: +€728,874
- Trade debts +€545,639
up €545,639 (+138%), from €394,910 to €940,549
- Other debts -€505,050
down €505,050 (-56.3%), from €896,524 to €391,474
Income statement
- Gross operating margin +€417,270
up €417,270 (+9.6%), from €4.3m to €4.7m
- Financial income -€255,608
down €255,608 (-85.1%), from €300,365 to €44,757
- Taxes +€218,105
up €218,105 (+102%), from €214,822 to €432,927
- Staff costs +€124,647
up €124,647 (+4.7%), from €2.6m to €2.8m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.4m
Gross operating margin
+€417,270
Staff costs
-€124,647
Depreciation
-€783
Other operating charges
+€795
Financial income
-€255,608
Financial charges
+€17,300
Taxes
-€218,105
Result 2025
€1.2m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.2m
Investment
-€210,842
Financing
-€300,299
Cash 2024
€661,298
From operations (derived)
+€1.2m
Net result for the year
+€1.2m
Depreciation
+€334,555
Stocks and contracts
-€49,685
Receivables within one year
-€325,242
Deferred charges and accrued income
-€5,331
Trade debts
+€545,639
Tax, wage and social debts
+€3,972
Other debts
-€505,050
Accrued charges and deferred income
-€15,615
Investment (derived)
-€210,842
Investment in fixed assets (net)
-€28,563
Current investments
-€182,278
Financing
-€300,299
Debts after one year
-€10,233
Current portion of long-term debt
+€10,000
Short-term financial debts
-€66
Contributions, distributions and other
-€300,000
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,825,236 | €5,768,757 | +€943,521 | +19.6% |
| Formation expenses | 20 | €489 | €0 | -€489 | -100% |
| Fixed assets | 21/28 | €1,642,637 | €1,337,134 | -€305,503 | -18.6% |
| Intangible fixed assets | 21 | €851,394 | €701,394 | -€150,000 | -17.6% |
| Tangible fixed assets | 22/27 | €791,242 | €635,740 | -€155,503 | -19.7% |
| Plant, machinery and equipment | 23 | €591,219 | €475,802 | -€115,417 | -19.5% |
| Furniture and vehicles | 24 | €76,065 | €49,183 | -€26,882 | -35.3% |
| Other tangible fixed assets | 26 | €123,959 | €110,754 | -€13,204 | -10.7% |
| Current assets | 29/58 | €3,182,111 | €4,431,623 | +€1.2m | +39.3% |
| Stocks and contracts in progress | 3 | €507,213 | €556,898 | +€49,685 | +9.8% |
| Stocks | 30/36 | €507,213 | €556,898 | +€49,685 | +9.8% |
| Amounts receivable within one year | 40/41 | €215,644 | €540,886 | +€325,242 | +151% |
| Trade receivables | 40 | €201,714 | €292,059 | +€90,345 | +44.8% |
| Other amounts receivable | 41 | €13,930 | €248,827 | +€234,897 | +1,686% |
| Current investments | 50/53 | €1,772,405 | €1,954,684 | +€182,278 | +10.3% |
| Cash at bank and in hand | 54/58 | €661,298 | €1,348,274 | +€686,975 | +104% |
| Deferred charges and accrued income | 490/1 | €25,550 | €30,882 | +€5,331 | +20.9% |
| Total equity and liabilities | 10/49 | €4,825,236 | €5,768,757 | +€943,521 | +19.6% |
| Equity | 10/15 | €2,420,733 | €3,335,607 | +€914,874 | +37.8% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €1,720,733 | €2,635,607 | +€914,874 | +53.2% |
| Non-distributable reserves | 130/1 | €96,830 | €96,830 | = | 0.0% |
| Reserves not available under the articles | 1311 | €96,830 | - | -€96,830 | |
| Other | 1319 | - | €96,830 | +€96,830 | |
| Tax-exempt reserves | 132 | - | €186,000 | +€186,000 | |
| Distributable reserves | 133 | €1,623,903 | €2,352,777 | +€728,874 | +44.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,404,503 | €2,433,149 | +€28,647 | +1.2% |
| Amounts payable after more than one year | 17 | €541,070 | €530,837 | -€10,233 | -1.9% |
| Trade debts | 175 | €541,070 | €490,837 | -€50,233 | -9.3% |
| Other amounts payable | 178/9 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €1,847,818 | €1,902,312 | +€54,495 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €49,375 | €59,375 | +€10,000 | +20.3% |
| Financial debts | 43 | €66 | - | -€66 | |
| Credit institutions | 430/8 | €66 | - | -€66 | |
| Trade debts | 44 | €394,910 | €940,549 | +€545,639 | +138% |
| Suppliers | 440/4 | €394,910 | €940,549 | +€545,639 | +138% |
| Taxes, remuneration and social security | 45 | €506,942 | €510,914 | +€3,972 | +0.8% |
| Taxes | 450/3 | €83,892 | €23,047 | -€60,845 | -72.5% |
| Remuneration and social security | 454/9 | €423,050 | €487,867 | +€64,817 | +15.3% |
| Other amounts payable | 47/48 | €896,524 | €391,474 | -€505,050 | -56.3% |
| Accrued charges and deferred income | 492/3 | €15,615 | €0 | -€15,615 | -100% |
| Remuneration, social security and pensions | 62 | €2,633,480 | €2,758,127 | +€124,647 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333,771 | €334,555 | +€783 | +0.2% |
| Other operating charges | 640/8 | €14,726 | €13,931 | -€795 | -5.4% |
| Gross operating margin | 9900 | €4,326,680 | €4,743,951 | +€417,270 | +9.6% |
| Operating profit (loss) | 9901 | €1,344,703 | €1,637,338 | +€292,635 | +21.8% |
| Financial income | 75/76B | €300,365 | €44,757 | -€255,608 | -85.1% |
| Recurring financial income | 75 | €300,365 | €44,757 | -€255,608 | -85.1% |
| Financial charges | 65/66B | €51,593 | €34,294 | -€17,300 | -33.5% |
| Recurring financial charges | 65 | €51,593 | €34,294 | -€17,300 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €1,593,474 | €1,647,801 | +€54,327 | +3.4% |
| Income taxes | 67/77 | €214,822 | €432,927 | +€218,105 | +102% |
| Profit (loss) for the period | 9904 | €1,378,653 | €1,214,874 | -€163,779 | -11.9% |
| Transfer to tax-exempt reserves | 689 | €96,830 | €186,000 | +€89,170 | +92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,281,823 | €1,028,874 | -€252,949 | -19.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.