DENA BUILDERS: 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.
DENA BUILDERS
Largest movements
- Cash -€11,393
down €11,393 (-92.3%), from €12,341 to €949
mainly Tax, wage and social debts (-€17,274) and Receivables within one year (-€1,539)
- Receivables within one year +€1,539
up €1,539 (+11.1%), from €13,877 to €15,416
of which Other amounts receivable: +€2,020
- Stocks and contracts -€1,181
down €1,181 (-29.7%), from €3,981 to €2,800
- Tax, wage and social debts -€17,274
down €17,274 (-98.5%), from €17,541 to €267
of which Remuneration and social security: -€16,299
- Advances received +€2,596
new in 2025: €2,596
- Trade debts +€2,280
up €2,280 (+315.0%), from €724 to €3,003
- Other debts +€1,087
new in 2025: €1,087
- Other operating charges +€1,835
up €1,835 (+1093.7%), from €168 to €2,003
- Gross operating margin -€1,271
down €1,271 (-23.9%), from €5,308 to €4,037
- Taxes -€431
down €431 (-61.7%), from €698 to €267
- Depreciation -€242
down €242 (-14.0%), from €1,722 to €1,481
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.
Cash bridge derived
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 | €32,623 | €21,487 | -€11,136 | -34.1% |
| Fixed assets | 21/28 | €2,218 | €1,960 | -€259 | -11.7% |
| Tangible fixed assets | 22/27 | €2,218 | €1,960 | -€259 | -11.7% |
| Plant, machinery and equipment | 23 | - | €834 | +€834 | |
| Furniture and vehicles | 24 | €2,218 | €1,126 | -€1,092 | -49.2% |
| Current assets | 29/58 | €30,405 | €19,527 | -€10,877 | -35.8% |
| Stocks and contracts in progress | 3 | €3,981 | €2,800 | -€1,181 | -29.7% |
| Stocks | 30/36 | €3,981 | €2,800 | -€1,181 | -29.7% |
| Amounts receivable within one year | 40/41 | €13,877 | €15,416 | +€1,539 | +11.1% |
| Trade receivables | 40 | €13,877 | €13,396 | -€481 | -3.5% |
| Other amounts receivable | 41 | - | €2,020 | +€2,020 | |
| Cash at bank and in hand | 54/58 | €12,341 | €949 | -€11,393 | -92.3% |
| Deferred charges and accrued income | 490/1 | €206 | €362 | +€157 | +76.2% |
| Total equity and liabilities | 10/49 | €32,623 | €21,487 | -€11,136 | -34.1% |
| Equity | 10/15 | €14,359 | €14,533 | +€175 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €180 | €180 | = | 0.0% |
| Non-distributable reserves | 130/1 | €180 | €180 | = | 0.0% |
| Other | 1319 | €180 | €180 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,978 | €8,153 | +€175 | +2.2% |
| Amounts payable | 17/49 | €18,264 | €6,954 | -€11,311 | -61.9% |
| Amounts payable within one year | 42/48 | €18,264 | €6,954 | -€11,311 | -61.9% |
| Trade debts | 44 | €724 | €3,003 | +€2,280 | +315.0% |
| Suppliers | 440/4 | €724 | €3,003 | +€2,280 | +315.0% |
| Advances received on contracts in progress | 46 | - | €2,596 | +€2,596 | |
| Taxes, remuneration and social security | 45 | €17,541 | €267 | -€17,274 | -98.5% |
| Taxes | 450/3 | €1,242 | €267 | -€975 | -78.5% |
| Remuneration and social security | 454/9 | €16,299 | - | -€16,299 | |
| Other amounts payable | 47/48 | - | €1,087 | +€1,087 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,722 | €1,481 | -€242 | -14.0% |
| Other operating charges | 640/8 | €168 | €2,003 | +€1,835 | +1093.7% |
| Gross operating margin | 9900 | €5,308 | €4,037 | -€1,271 | -23.9% |
| Operating profit (loss) | 9901 | €3,418 | €553 | -€2,864 | -83.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €146 | €111 | -€35 | -23.9% |
| Recurring financial charges | 65 | €146 | €111 | -€35 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €3,271 | €442 | -€2,829 | -86.5% |
| Income taxes | 67/77 | €698 | €267 | -€431 | -61.7% |
| Profit (loss) for the period | 9904 | €2,573 | €175 | -€2,398 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,573 | €175 | -€2,398 | -93.2% |
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 11 October 2026 via checked.be.