DENECKERE RIK: what changed
DENECKERE RIK
Largest movements
- Stocks and contracts +€77,605
up €77,605 (+776%), from €10,000 to €87,605
of which Stocks: +€77,605
- Receivables within one year -€62,612
down €62,612 (-21.8%), from €286,778 to €224,165
of which Trade receivables: -€73,398
- Tangible fixed assets +€33,180
up €33,180 (+968%), from €3,427 to €36,607
of which Furniture and vehicles: +€34,717
- Cash -€19,326
down €19,326 (-24.5%), from €78,772 to €59,446
mainly Stocks and contracts (-€77,605) and Investment in fixed assets (net) (-€45,500)
- Deferred charges and accrued income +€6,659
up €6,659 (+242%), from €2,754 to €9,414
- Debts after one year +€34,194
new in 2025: €34,194
- Current portion of long-term debt +€10,416
up €10,416, from €0 to €10,416
- Tax, wage and social debts -€7,788
down €7,788 (-64.0%), from €12,161 to €4,373
of which Remuneration and social security: -€8,842
- Trade debts -€7,698
down €7,698 (-20.4%), from €37,702 to €30,003
- Reserves +€6,383
up €6,383 (+2,413%), from €265 to €6,647
- Gross operating margin -€161,194
down €161,194 (-42.2%), from €382,372 to €221,178
- Staff costs +€75,423
up €75,423 (+62.3%), from €121,104 to €196,527
- Depreciation +€9,005
up €9,005 (+272%), from €3,315 to €12,320
- Financial charges +€5,082
up €5,082 (+8,668%), from €59 to €5,141
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €381,981 | €417,487 | +€35,506 | +9.3% |
| Fixed assets | 21/28 | €3,677 | €36,857 | +€33,180 | +902% |
| Tangible fixed assets | 22/27 | €3,427 | €36,607 | +€33,180 | +968% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €3,427 | €1,890 | -€1,538 | -44.9% |
| Furniture and vehicles | 24 | €0 | €34,717 | +€34,717 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €378,304 | €380,630 | +€2,326 | +0.6% |
| Stocks and contracts in progress | 3 | €10,000 | €87,605 | +€77,605 | +776% |
| Stocks | 30/36 | €10,000 | €87,605 | +€77,605 | +776% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €286,778 | €224,165 | -€62,612 | -21.8% |
| Trade receivables | 40 | €282,388 | €208,989 | -€73,398 | -26.0% |
| Other amounts receivable | 41 | €4,390 | €15,176 | +€10,786 | +246% |
| Cash at bank and in hand | 54/58 | €78,772 | €59,446 | -€19,326 | -24.5% |
| Deferred charges and accrued income | 490/1 | €2,754 | €9,414 | +€6,659 | +242% |
| Total equity and liabilities | 10/49 | €381,981 | €417,487 | +€35,506 | +9.3% |
| Equity | 10/15 | €25,265 | €31,647 | +€6,383 | +25.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €265 | €6,647 | +€6,383 | +2,413% |
| Distributable reserves | 133 | €265 | €6,647 | +€6,383 | +2,413% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €356,716 | €385,840 | +€29,123 | +8.2% |
| Amounts payable after more than one year | 17 | - | €34,194 | +€34,194 | |
| Financial debts | 170/4 | - | €34,194 | +€34,194 | |
| Amounts payable within one year | 42/48 | €356,716 | €351,646 | -€5,071 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €10,416 | +€10,416 | |
| Trade debts | 44 | €37,702 | €30,003 | -€7,698 | -20.4% |
| Suppliers | 440/4 | €37,702 | €30,003 | -€7,698 | -20.4% |
| Taxes, remuneration and social security | 45 | €12,161 | €4,373 | -€7,788 | -64.0% |
| Taxes | 450/3 | €3,319 | €4,373 | +€1,055 | +31.8% |
| Remuneration and social security | 454/9 | €8,842 | €0 | -€8,842 | -100% |
| Other amounts payable | 47/48 | €306,854 | €306,854 | = | 0.0% |
| Non-recurring operating income | 76A | €19,806 | €0 | -€19,806 | -100% |
| Remuneration, social security and pensions | 62 | €121,104 | €196,527 | +€75,423 | +62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,315 | €12,320 | +€9,005 | +272% |
| Other operating charges | 640/8 | €3,526 | €2,715 | -€812 | -23.0% |
| Gross operating margin | 9900 | €382,372 | €221,178 | -€161,194 | -42.2% |
| Operating profit (loss) | 9901 | €254,426 | €9,616 | -€244,810 | -96.2% |
| Financial income | 75/76B | €5,552 | €3,316 | -€2,236 | -40.3% |
| Recurring financial income | 75 | €5,552 | €3,316 | -€2,236 | -40.3% |
| Financial charges | 65/66B | €59 | €5,141 | +€5,082 | +8,668% |
| Recurring financial charges | 65 | €59 | €5,141 | +€5,082 | +8,668% |
| Profit (loss) for the period before taxes | 9903 | €259,920 | €7,791 | -€252,128 | -97.0% |
| Income taxes | 67/77 | €1,655 | €1,409 | -€247 | -14.9% |
| Profit (loss) for the period | 9904 | €258,265 | €6,383 | -€251,882 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €258,265 | €6,383 | -€251,882 | -97.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.