DENCK INNOVATIONS: 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.
DENCK INNOVATIONS
Largest movements
- Intangible fixed assets +€30,000
up €30,000 (+12.6%), from €238,414 to €268,414
- Stocks and contracts -€20,127
down €20,127 (-33.2%), from €60,701 to €40,575
- Tangible fixed assets -€14,564
down €14,564 (-15.9%), from €91,652 to €77,088
of which Plant, machinery and equipment: -€13,480
- Receivables within one year -€7,787
down €7,787 (-87.6%), from €8,892 to €1,105
of which Other amounts receivable: -€6,237
- Debts after one year +€109,900
up €109,900 (+13.9%), from €792,000 to €901,900
- Profit (loss) carried forward -€85,547
down €85,547 (-19.8%), from -€432,741 to -€518,288
- Trade debts -€29,573
down €29,573 (-88.7%), from €33,347 to €3,775
- Tax, wage and social debts -€6,503
down €6,503 (-89.5%), from €7,262 to €760
of which Remuneration and social security: -€6,591
- Gross operating margin +€81,654
up €81,654 (+55.1%), from -€148,164 to -€66,510
- Staff costs -€21,019
down €21,019 (-98.6%), from €21,308 to €289
- Other operating charges -€4,891
down €4,891 (-73.3%), from €6,674 to €1,784
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 | €411,264 | €402,429 | -€8,835 | -2.1% |
| Fixed assets | 21/28 | €330,066 | €345,502 | +€15,436 | +4.7% |
| Intangible fixed assets | 21 | €238,414 | €268,414 | +€30,000 | +12.6% |
| Tangible fixed assets | 22/27 | €91,652 | €77,088 | -€14,564 | -15.9% |
| Plant, machinery and equipment | 23 | €85,035 | €71,555 | -€13,480 | -15.9% |
| Furniture and vehicles | 24 | €5,600 | €3,227 | -€2,373 | -42.4% |
| Other tangible fixed assets | 26 | €1,017 | €2,307 | +€1,290 | +127% |
| Current assets | 29/58 | €81,198 | €56,927 | -€24,271 | -29.9% |
| Stocks and contracts in progress | 3 | €60,701 | €40,575 | -€20,127 | -33.2% |
| Stocks | 30/36 | €60,701 | €40,575 | -€20,127 | -33.2% |
| Amounts receivable within one year | 40/41 | €8,892 | €1,105 | -€7,787 | -87.6% |
| Trade receivables | 40 | €2,029 | €480 | -€1,550 | -76.4% |
| Other amounts receivable | 41 | €6,863 | €626 | -€6,237 | -90.9% |
| Cash at bank and in hand | 54/58 | €9,833 | €13,052 | +€3,219 | +32.7% |
| Deferred charges and accrued income | 490/1 | €1,772 | €2,195 | +€423 | +23.9% |
| Total equity and liabilities | 10/49 | €411,264 | €402,429 | -€8,835 | -2.1% |
| Equity | 10/15 | -€422,741 | -€508,288 | -€85,547 | -20.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€432,741 | -€518,288 | -€85,547 | -19.8% |
| Amounts payable | 17/49 | €834,005 | €910,717 | +€76,712 | +9.2% |
| Amounts payable after more than one year | 17 | €792,000 | €901,900 | +€109,900 | +13.9% |
| Financial debts | 170/4 | €792,000 | €901,900 | +€109,900 | +13.9% |
| Amounts payable within one year | 42/48 | €42,005 | €7,150 | -€34,855 | -83.0% |
| Trade debts | 44 | €33,347 | €3,775 | -€29,573 | -88.7% |
| Suppliers | 440/4 | €33,347 | €3,775 | -€29,573 | -88.7% |
| Taxes, remuneration and social security | 45 | €7,262 | €760 | -€6,503 | -89.5% |
| Taxes | 450/3 | €671 | €760 | +€89 | +13.2% |
| Remuneration and social security | 454/9 | €6,591 | - | -€6,591 | |
| Other amounts payable | 47/48 | €1,395 | €2,616 | +€1,221 | +87.5% |
| Accrued charges and deferred income | 492/3 | - | €1,667 | +€1,667 | |
| Remuneration, social security and pensions | 62 | €21,308 | €289 | -€21,019 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,158 | €17,064 | -€94 | -0.5% |
| Other operating charges | 640/8 | €6,674 | €1,784 | -€4,891 | -73.3% |
| Gross operating margin | 9900 | -€148,164 | -€66,510 | +€81,654 | +55.1% |
| Operating profit (loss) | 9901 | -€193,304 | -€85,646 | +€107,658 | +55.7% |
| Financial income | 75/76B | €1,746 | €298 | -€1,447 | -82.9% |
| Recurring financial income | 75 | €1,746 | €298 | -€1,447 | -82.9% |
| Financial charges | 65/66B | €862 | €199 | -€663 | -76.9% |
| Recurring financial charges | 65 | €862 | €199 | -€663 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | -€192,420 | -€85,547 | +€106,874 | +55.5% |
| Profit (loss) for the period | 9904 | -€192,420 | -€85,547 | +€106,874 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€192,420 | -€85,547 | +€106,874 | +55.5% |
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 29 October 2026 via checked.be.