DENATRA: 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.
DENATRA
Largest movements
- Receivables within one year -€189,861
down €189,861 (-13.9%), from €1.4m to €1.2m
of which Trade receivables: -€183,472
- Tangible fixed assets -€63,208
down €63,208 (-24.9%), from €253,802 to €190,594
of which Furniture and vehicles: -€70,546
- Trade debts -€166,296
down €166,296 (-58.5%), from €284,379 to €118,084
- Other debts -€97,854
down €97,854 (-5.4%), from €1.8m to €1.7m
- Gross operating margin -€193,632
down €193,632 (-67.8%), from €285,638 to €92,006
- Depreciation +€55,759
up €55,759 (+316%), from €17,650 to €73,409
- Taxes +€5,660
up €5,660 (+81.8%), from €6,916 to €12,575
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,622,069 | €1,367,003 | -€255,066 | -15.7% |
| Fixed assets | 21/28 | €253,802 | €190,594 | -€63,208 | -24.9% |
| Tangible fixed assets | 22/27 | €253,802 | €190,594 | -€63,208 | -24.9% |
| Land and buildings | 22 | €144,780 | €141,916 | -€2,864 | -2.0% |
| Furniture and vehicles | 24 | €109,023 | €38,477 | -€70,546 | -64.7% |
| Other tangible fixed assets | 26 | - | €10,201 | +€10,201 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,368,267 | €1,176,409 | -€191,858 | -14.0% |
| Amounts receivable within one year | 40/41 | €1,364,121 | €1,174,260 | -€189,861 | -13.9% |
| Trade receivables | 40 | €1,353,822 | €1,170,350 | -€183,472 | -13.6% |
| Other amounts receivable | 41 | €10,299 | €3,910 | -€6,389 | -62.0% |
| Cash at bank and in hand | 54/58 | €1,318 | €76 | -€1,242 | -94.2% |
| Deferred charges and accrued income | 490/1 | €2,828 | €2,073 | -€755 | -26.7% |
| Total equity and liabilities | 10/49 | €1,622,069 | €1,367,003 | -€255,066 | -15.7% |
| Equity | 10/15 | -€491,483 | -€488,541 | +€2,942 | +0.6% |
| Contributions | 10/11 | €856,000 | €856,000 | = | 0.0% |
| Reserves | 13 | €14,253 | €14,253 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €14,253 | €14,253 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,361,737 | -€1,358,794 | +€2,942 | +0.2% |
| Amounts payable | 17/49 | €2,113,552 | €1,855,544 | -€258,008 | -12.2% |
| Amounts payable within one year | 42/48 | €2,113,552 | €1,855,544 | -€258,008 | -12.2% |
| Financial debts | 43 | €3,609 | €0 | -€3,609 | -100% |
| Credit institutions | 430/8 | €3,609 | €0 | -€3,609 | -100% |
| Trade debts | 44 | €284,379 | €118,084 | -€166,296 | -58.5% |
| Suppliers | 440/4 | €284,379 | €118,084 | -€166,296 | -58.5% |
| Taxes, remuneration and social security | 45 | €13,770 | €23,521 | +€9,751 | +70.8% |
| Taxes | 450/3 | €13,770 | €23,521 | +€9,751 | +70.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,811,794 | €1,713,940 | -€97,854 | -5.4% |
| Non-recurring operating income | 76A | €200,230 | €0 | -€200,230 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,650 | €73,409 | +€55,759 | +316% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,724 | €894 | -€830 | -48.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €285,638 | €92,006 | -€193,632 | -67.8% |
| Operating profit (loss) | 9901 | €266,264 | €17,702 | -€248,561 | -93.4% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100% |
| Financial charges | 65/66B | €2,863 | €2,185 | -€678 | -23.7% |
| Recurring financial charges | 65 | €2,863 | €2,185 | -€678 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €263,411 | €15,517 | -€247,893 | -94.1% |
| Income taxes | 67/77 | €6,916 | €12,575 | +€5,660 | +81.8% |
| Profit (loss) for the period | 9904 | €256,495 | €2,942 | -€253,553 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €256,495 | €2,942 | -€253,553 | -98.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.