DENAIR SERVICES: 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.
DENAIR SERVICES
Largest movements
- Tangible fixed assets -€9,722
down €9,722 (-36.9%), from €26,345 to €16,622
- Receivables within one year +€9,704
up €9,704 (+36.5%), from €26,596 to €36,300
of which Other amounts receivable: +€12,800
- Cash +€6,715
up €6,715 (+95.3%), from €7,044 to €13,760
mainly Net result for the year (+€12,255) and Depreciation (+€11,292)
- Deferred charges and accrued income +€933
up €933 (+154%), from €606 to €1,539
- Reserves +€12,255
up €12,255 (+44.9%), from €27,286 to €39,540
- Debts after one year -€9,423
down €9,423 (-66.1%), from €14,246 to €4,823
- Advances received +€6,054
new in 2025: €6,054
- Tax, wage and social debts -€3,931
no longer reported in 2025 (was €3,931)
- Trade debts +€2,385
up €2,385 (+240%), from €995 to €3,380
- Gross operating margin -€7,817
down €7,817 (-20.3%), from €38,471 to €30,653
- Taxes -€1,988
down €1,988 (-25.9%), from €7,681 to €5,693
- Depreciation +€875
up €875 (+8.4%), from €10,417 to €11,292
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 | €60,591 | €68,220 | +€7,629 | +12.6% |
| Fixed assets | 21/28 | €26,345 | €16,622 | -€9,722 | -36.9% |
| Tangible fixed assets | 22/27 | €26,345 | €16,622 | -€9,722 | -36.9% |
| Furniture and vehicles | 24 | €26,345 | €16,622 | -€9,722 | -36.9% |
| Current assets | 29/58 | €34,246 | €51,598 | +€17,352 | +50.7% |
| Amounts receivable within one year | 40/41 | €26,596 | €36,300 | +€9,704 | +36.5% |
| Trade receivables | 40 | €16,562 | €13,466 | -€3,096 | -18.7% |
| Other amounts receivable | 41 | €10,034 | €22,833 | +€12,800 | +128% |
| Cash at bank and in hand | 54/58 | €7,044 | €13,760 | +€6,715 | +95.3% |
| Deferred charges and accrued income | 490/1 | €606 | €1,539 | +€933 | +154% |
| Total equity and liabilities | 10/49 | €60,591 | €68,220 | +€7,629 | +12.6% |
| Equity | 10/15 | €32,286 | €44,540 | +€12,255 | +38.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,286 | €39,540 | +€12,255 | +44.9% |
| Distributable reserves | 133 | €27,286 | €39,540 | +€12,255 | +44.9% |
| Amounts payable | 17/49 | €28,305 | €23,680 | -€4,625 | -16.3% |
| Amounts payable after more than one year | 17 | €14,246 | €4,823 | -€9,423 | -66.1% |
| Financial debts | 170/4 | €14,246 | €4,823 | -€9,423 | -66.1% |
| Amounts payable within one year | 42/48 | €14,059 | €18,857 | +€4,797 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €9,133 | €9,423 | +€290 | +3.2% |
| Trade debts | 44 | €995 | €3,380 | +€2,385 | +240% |
| Suppliers | 440/4 | €995 | €3,380 | +€2,385 | +240% |
| Advances received on contracts in progress | 46 | - | €6,054 | +€6,054 | |
| Taxes, remuneration and social security | 45 | €3,931 | - | -€3,931 | |
| Taxes | 450/3 | €3,931 | - | -€3,931 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,417 | €11,292 | +€875 | +8.4% |
| Other operating charges | 640/8 | €324 | €581 | +€257 | +79.4% |
| Gross operating margin | 9900 | €38,471 | €30,653 | -€7,817 | -20.3% |
| Operating profit (loss) | 9901 | €27,730 | €18,780 | -€8,950 | -32.3% |
| Financial charges | 65/66B | €980 | €832 | -€147 | -15.0% |
| Recurring financial charges | 65 | €980 | €832 | -€147 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €26,750 | €17,948 | -€8,802 | -32.9% |
| Income taxes | 67/77 | €7,681 | €5,693 | -€1,988 | -25.9% |
| Profit (loss) for the period | 9904 | €19,069 | €12,255 | -€6,814 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,069 | €12,255 | -€6,814 | -35.7% |
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 19 October 2026 via checked.be.