DENCHA: 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.
DENCHA
Largest movements
- Deferred charges and accrued income -€32,487
down €32,487 (-96.6%), from €33,647 to €1,161
- Receivables within one year +€6,174
up €6,174 (+2.1%), from €297,801 to €303,975
of which Other amounts receivable: +€15,485
- Other debts +€158,741
up €158,741 (+335.0%), from €47,380 to €206,120
- Profit (loss) carried forward -€100,667
down €100,667 (-59.7%), from €168,601 to €67,935
- Tax, wage and social debts -€60,653
down €60,653 (-95.2%), from €63,716 to €3,063
of which Taxes: -€58,836
- Debts after one year -€22,078
down €22,078 (-70.4%), from €31,353 to €9,275
- Gross operating margin -€88,301
down €88,301 (-3447.2%), from -€2,562 to -€90,862
- Financial charges +€4,317
up €4,317 (+144.1%), from €2,996 to €7,313
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 | €337,637 | €309,558 | -€28,080 | -8.3% |
| Fixed assets | 21/28 | €5,596 | €3,982 | -€1,614 | -28.8% |
| Tangible fixed assets | 22/27 | €5,596 | €3,982 | -€1,614 | -28.8% |
| Plant, machinery and equipment | 23 | €389 | €182 | -€207 | -53.1% |
| Furniture and vehicles | 24 | €1,124 | €148 | -€975 | -86.8% |
| Other tangible fixed assets | 26 | €4,083 | €3,651 | -€432 | -10.6% |
| Current assets | 29/58 | €332,042 | €305,576 | -€26,465 | -8.0% |
| Amounts receivable within one year | 40/41 | €297,801 | €303,975 | +€6,174 | +2.1% |
| Trade receivables | 40 | €249,484 | €240,174 | -€9,311 | -3.7% |
| Other amounts receivable | 41 | €48,317 | €63,801 | +€15,485 | +32.0% |
| Cash at bank and in hand | 54/58 | €593 | €441 | -€153 | -25.7% |
| Deferred charges and accrued income | 490/1 | €33,647 | €1,161 | -€32,487 | -96.6% |
| Total equity and liabilities | 10/49 | €337,637 | €309,558 | -€28,080 | -8.3% |
| Equity | 10/15 | €169,151 | €68,485 | -€100,667 | -59.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,601 | €67,935 | -€100,667 | -59.7% |
| Amounts payable | 17/49 | €168,486 | €241,073 | +€72,587 | +43.1% |
| Amounts payable after more than one year | 17 | €31,353 | €9,275 | -€22,078 | -70.4% |
| Financial debts | 170/4 | €31,353 | €9,275 | -€22,078 | -70.4% |
| Amounts payable within one year | 42/48 | €136,152 | €231,798 | +€95,645 | +70.2% |
| Current portion of amounts payable after more than one year | 42 | €21,822 | €21,740 | -€81 | -0.4% |
| Trade debts | 44 | €3,235 | €874 | -€2,362 | -73.0% |
| Suppliers | 440/4 | €3,235 | €874 | -€2,362 | -73.0% |
| Taxes, remuneration and social security | 45 | €63,716 | €3,063 | -€60,653 | -95.2% |
| Taxes | 450/3 | €59,969 | €1,133 | -€58,836 | -98.1% |
| Remuneration and social security | 454/9 | €3,747 | €1,930 | -€1,817 | -48.5% |
| Other amounts payable | 47/48 | €47,380 | €206,120 | +€158,741 | +335.0% |
| Accrued charges and deferred income | 492/3 | €981 | - | -€981 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,174 | €1,614 | -€560 | -25.8% |
| Other operating charges | 640/8 | €1,336 | €580 | -€757 | -56.6% |
| Gross operating margin | 9900 | -€2,562 | -€90,862 | -€88,301 | -3447.2% |
| Operating profit (loss) | 9901 | -€6,072 | -€93,056 | -€86,984 | -1432.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,996 | €7,313 | +€4,317 | +144.1% |
| Recurring financial charges | 65 | €2,996 | €7,313 | +€4,317 | +144.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,068 | -€100,368 | -€91,300 | -1006.8% |
| Income taxes | 67/77 | €48 | €299 | +€251 | +527.2% |
| Profit (loss) for the period | 9904 | -€9,116 | -€100,667 | -€91,551 | -1004.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,116 | -€100,667 | -€91,551 | -1004.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.