Denaca: what changed
Two fiscal 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.
Denaca
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Tax, wage and social debts -€11,587
down €11,587 (-33.5%), from €34,624 to €23,038
- Other debts +€7,560
up €7,560 (+2.0%), from €375,890 to €383,450
- Gross operating margin -€21,219
down €21,219 (-80.1%), from €26,503 to €5,283
- Financial income +€2,724
up €2,724 (+19.6%), from €13,893 to €16,618
- Taxes +€1,565
up €1,565 (+16.8%), from €9,293 to €10,858
- Other operating charges -€637
down €637 (-19.0%), from €3,356 to €2,718
- Financial charges +€476
up €476 (+6.4%), from €7,416 to €7,891
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €634,803 | €630,577 | -€4,226 | -0.7% |
| Fixed assets | 21/28 | €591,304 | €590,276 | -€1,028 | -0.2% |
| Tangible fixed assets | 22/27 | €4,111 | €3,083 | -€1,028 | -25.0% |
| Furniture and vehicles | 24 | €4,111 | €3,083 | -€1,028 | -25.0% |
| Financial fixed assets | 28 | €587,193 | €587,193 | = | 0.0% |
| Current assets | 29/58 | €43,499 | €40,300 | -€3,198 | -7.4% |
| Amounts receivable within one year | 40/41 | €42,902 | €40,267 | -€2,635 | -6.1% |
| Other amounts receivable | 41 | €42,902 | €40,267 | -€2,635 | -6.1% |
| Cash at bank and in hand | 54/58 | €597 | €33 | -€563 | -94.4% |
| Total equity and liabilities | 10/49 | €634,803 | €630,577 | -€4,226 | -0.7% |
| Equity | 10/15 | €224,288 | €223,694 | -€595 | -0.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €214,288 | €213,694 | -€595 | -0.3% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €211,288 | €210,694 | -€595 | -0.3% |
| Amounts payable | 17/49 | €410,514 | €406,883 | -€3,632 | -0.9% |
| Amounts payable within one year | 42/48 | €410,514 | €406,883 | -€3,632 | -0.9% |
| Trade debts | 44 | - | €395 | +€395 | |
| Suppliers | 440/4 | - | €395 | +€395 | |
| Taxes, remuneration and social security | 45 | €34,624 | €23,038 | -€11,587 | -33.5% |
| Taxes | 450/3 | €34,624 | €23,038 | -€11,587 | -33.5% |
| Other amounts payable | 47/48 | €375,890 | €383,450 | +€7,560 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,028 | €1,028 | = | 0.0% |
| Other operating charges | 640/8 | €3,356 | €2,718 | -€637 | -19.0% |
| Gross operating margin | 9900 | €26,503 | €5,283 | -€21,219 | -80.1% |
| Operating profit (loss) | 9901 | €22,119 | €1,538 | -€20,582 | -93.0% |
| Financial income | 75/76B | €13,893 | €16,618 | +€2,724 | +19.6% |
| Recurring financial income | 75 | €13,893 | €16,618 | +€2,724 | +19.6% |
| Financial charges | 65/66B | €7,416 | €7,891 | +€476 | +6.4% |
| Recurring financial charges | 65 | €7,416 | €7,891 | +€476 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €28,597 | €10,264 | -€18,334 | -64.1% |
| Income taxes | 67/77 | €9,293 | €10,858 | +€1,565 | +16.8% |
| Profit (loss) for the period | 9904 | €19,304 | -€595 | -€19,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,304 | -€595 | -€19,899 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.