DENART: 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.
DENART
Largest movements
- Cash +€12,702
up €12,702 (+265.5%), from €4,784 to €17,486
mainly Net result for the year (+€11,590) and Trade debts (+€7,578)
- Receivables within one year +€6,393
up €6,393 (+297.4%), from €2,150 to €8,543
of which Other amounts receivable: +€6,679
- Deferred charges and accrued income +€3,545
up €3,545 (+90.3%), from €3,925 to €7,469
- Tangible fixed assets -€3,346
down €3,346 (-95.2%), from €3,516 to €170
- Profit (loss) carried forward +€11,590
up €11,590 (+155.9%), from €7,434 to €19,024
- Trade debts +€7,578
up €7,578 (+11448.6%), from €66 to €7,644
- Tax, wage and social debts +€1,500
new in 2025: €1,500
- Other debts -€1,373
no longer reported in 2025 (was €1,373)
- Turnover +€54,738
up €54,738 (+111.1%), from €49,271 to €104,009
- Purchases and services +€35,069
up €35,069 (+67.8%), from €51,724 to €86,792
- Gross operating margin +€19,860
up €19,860, from -€2,453 to €17,407
- Taxes +€1,221
up €1,221 (+437.2%), from €279 to €1,500
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 | €14,373 | €33,668 | +€19,294 | +134.2% |
| Fixed assets | 21/28 | €3,516 | €170 | -€3,346 | -95.2% |
| Tangible fixed assets | 22/27 | €3,516 | €170 | -€3,346 | -95.2% |
| Furniture and vehicles | 24 | €3,516 | €170 | -€3,346 | -95.2% |
| Current assets | 29/58 | €10,858 | €33,497 | +€22,640 | +208.5% |
| Amounts receivable within one year | 40/41 | €2,150 | €8,543 | +€6,393 | +297.4% |
| Trade receivables | 40 | €286 | - | -€286 | |
| Other amounts receivable | 41 | €1,863 | €8,543 | +€6,679 | +358.5% |
| Cash at bank and in hand | 54/58 | €4,784 | €17,486 | +€12,702 | +265.5% |
| Deferred charges and accrued income | 490/1 | €3,925 | €7,469 | +€3,545 | +90.3% |
| Total equity and liabilities | 10/49 | €14,373 | €33,668 | +€19,294 | +134.2% |
| Equity | 10/15 | €12,934 | €24,524 | +€11,590 | +89.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,434 | €19,024 | +€11,590 | +155.9% |
| Amounts payable | 17/49 | €1,440 | €9,144 | +€7,704 | +535.2% |
| Amounts payable within one year | 42/48 | €1,440 | €9,144 | +€7,704 | +535.2% |
| Trade debts | 44 | €66 | €7,644 | +€7,578 | +11448.6% |
| Suppliers | 440/4 | €66 | €7,644 | +€7,578 | +11448.6% |
| Taxes, remuneration and social security | 45 | - | €1,500 | +€1,500 | |
| Taxes | 450/3 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €1,373 | - | -€1,373 | |
| Turnover | 70 | €49,271 | €104,009 | +€54,738 | +111.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,724 | €86,792 | +€35,069 | +67.8% |
| Remuneration, social security and pensions | 62 | €934 | - | -€934 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,333 | €3,346 | +€12 | +0.4% |
| Other operating charges | 640/8 | €176 | €596 | +€420 | +238.6% |
| Gross operating margin | 9900 | -€2,453 | €17,407 | +€19,860 | |
| Operating profit (loss) | 9901 | -€6,897 | €13,465 | +€20,362 | |
| Financial income | 75/76B | €371 | €215 | -€156 | -42.1% |
| Recurring financial income | 75 | €371 | €215 | -€156 | -42.1% |
| Financial charges | 65/66B | €195 | €590 | +€395 | +202.3% |
| Recurring financial charges | 65 | €195 | €590 | +€395 | +202.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,721 | €13,090 | +€19,811 | |
| Income taxes | 67/77 | €279 | €1,500 | +€1,221 | +437.2% |
| Profit (loss) for the period | 9904 | -€7,000 | €11,590 | +€18,590 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,000 | €11,590 | +€18,590 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.