Denayer Danielle: 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.
Denayer Danielle
Largest movements
- Receivables within one year -€265,657
down €265,657 (-40.2%), from €660,400 to €394,743
of which Other amounts receivable: -€263,157
- Tangible fixed assets -€21,752
down €21,752 (-18.3%), from €118,982 to €97,229
of which Furniture and vehicles: -€19,577
- Reserves -€366,848
down €366,848 (-29.4%), from €1.2m to €881,326
of which Distributable reserves: -€366,848
- Other debts +€102,142
new in 2025: €102,142
- Debts after one year -€16,918
down €16,918 (-31.3%), from €54,109 to €37,191
- Gross operating margin -€164,646
down €164,646 (-47.3%), from €347,779 to €183,132
- Financial income +€53,758
up €53,758 (+336.8%), from €15,962 to €69,720
- Taxes -€49,106
down €49,106 (-48.4%), from €101,501 to €52,395
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 | €1,383,380 | €1,096,704 | -€286,677 | -20.7% |
| Fixed assets | 21/28 | €713,926 | €692,174 | -€21,752 | -3.0% |
| Tangible fixed assets | 22/27 | €118,982 | €97,229 | -€21,752 | -18.3% |
| Land and buildings | 22 | €3,640 | €2,970 | -€671 | -18.4% |
| Plant, machinery and equipment | 23 | €21,089 | €19,584 | -€1,504 | -7.1% |
| Furniture and vehicles | 24 | €78,523 | €58,946 | -€19,577 | -24.9% |
| Other tangible fixed assets | 26 | €15,730 | €15,730 | = | 0.0% |
| Financial fixed assets | 28 | €594,944 | €594,944 | = | 0.0% |
| Current assets | 29/58 | €669,454 | €404,530 | -€264,925 | -39.6% |
| Amounts receivable within one year | 40/41 | €660,400 | €394,743 | -€265,657 | -40.2% |
| Trade receivables | 40 | €2,500 | €0 | -€2,500 | -100.0% |
| Other amounts receivable | 41 | €657,900 | €394,743 | -€263,157 | -40.0% |
| Cash at bank and in hand | 54/58 | €8,250 | €8,953 | +€703 | +8.5% |
| Deferred charges and accrued income | 490/1 | €804 | €833 | +€29 | +3.6% |
| Total equity and liabilities | 10/49 | €1,383,380 | €1,096,704 | -€286,677 | -20.7% |
| Equity | 10/15 | €1,260,782 | €893,934 | -€366,848 | -29.1% |
| Contributions | 10/11 | €12,608 | €12,608 | = | 0.0% |
| Reserves | 13 | €1,248,174 | €881,326 | -€366,848 | -29.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,248,174 | €881,326 | -€366,848 | -29.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €122,599 | €202,770 | +€80,171 | +65.4% |
| Amounts payable after more than one year | 17 | €54,109 | €37,191 | -€16,918 | -31.3% |
| Financial debts | 170/4 | €54,109 | €37,191 | -€16,918 | -31.3% |
| Amounts payable within one year | 42/48 | €68,489 | €164,976 | +€96,487 | +140.9% |
| Current portion of amounts payable after more than one year | 42 | €16,340 | €16,918 | +€578 | +3.5% |
| Financial debts | 43 | €28,735 | €23,557 | -€5,178 | -18.0% |
| Credit institutions | 430/8 | €28,735 | €23,557 | -€5,178 | -18.0% |
| Trade debts | 44 | €1,095 | €2,317 | +€1,222 | +111.6% |
| Suppliers | 440/4 | €1,095 | €2,317 | +€1,222 | +111.6% |
| Taxes, remuneration and social security | 45 | €22,320 | €20,043 | -€2,277 | -10.2% |
| Taxes | 450/3 | €20,426 | €18,086 | -€2,340 | -11.5% |
| Remuneration and social security | 454/9 | €1,894 | €1,957 | +€63 | +3.3% |
| Other amounts payable | 47/48 | - | €102,142 | +€102,142 | |
| Accrued charges and deferred income | 492/3 | €0 | €603 | +€603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,009 | €23,658 | -€351 | -1.5% |
| Other operating charges | 640/8 | €3,732 | €2,736 | -€996 | -26.7% |
| Gross operating margin | 9900 | €347,779 | €183,132 | -€164,646 | -47.3% |
| Operating profit (loss) | 9901 | €320,038 | €156,738 | -€163,300 | -51.0% |
| Financial income | 75/76B | €15,962 | €69,720 | +€53,758 | +336.8% |
| Recurring financial income | 75 | €15,962 | €69,720 | +€53,758 | +336.8% |
| Financial charges | 65/66B | €4,615 | €3,559 | -€1,056 | -22.9% |
| Recurring financial charges | 65 | €4,615 | €3,559 | -€1,056 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €331,384 | €222,898 | -€108,486 | -32.7% |
| Income taxes | 67/77 | €101,501 | €52,395 | -€49,106 | -48.4% |
| Profit (loss) for the period | 9904 | €229,884 | €170,504 | -€59,380 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €229,884 | €170,504 | -€59,380 | -25.8% |
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 4 October 2026 via checked.be.