DENEFFE CONSULTING: 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.
DENEFFE CONSULTING
Largest movements
- Cash +€165,761
up €165,761 (+857%), from €19,343 to €185,104
mainly Net result for the year (+€95,824) and Accrued charges and deferred income (+€47,802)
- Tangible fixed assets -€18,052
down €18,052 (-16.6%), from €108,897 to €90,845
- Receivables within one year -€11,171
down €11,171 (-53.5%), from €20,884 to €9,713
of which Trade receivables: -€6,451
- Reserves +€95,800
up €95,800 (+79.5%), from €120,560 to €216,360
- Accrued charges and deferred income +€47,802
new in 2025: €47,802
- Tax, wage and social debts -€6,037
down €6,037 (-99.0%), from €6,100 to €63
- Trade debts +€3,269
up €3,269 (+496%), from €659 to €3,928
- Gross operating margin +€139,492
up €139,492 (+1,065%), from €13,100 to €152,591
- Taxes +€27,587
up €27,587 (+687%), from €4,017 to €31,604
- Depreciation +€20,369
up €20,369 (+888%), from €2,293 to €22,662
- Financial charges +€2,551
up €2,551 (+5,650%), from €45 to €2,596
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 | €149,942 | €287,928 | +€137,987 | +92.0% |
| Fixed assets | 21/28 | €108,897 | €90,845 | -€18,052 | -16.6% |
| Tangible fixed assets | 22/27 | €108,897 | €90,845 | -€18,052 | -16.6% |
| Furniture and vehicles | 24 | €108,897 | €90,845 | -€18,052 | -16.6% |
| Current assets | 29/58 | €41,045 | €197,083 | +€156,038 | +380% |
| Amounts receivable within one year | 40/41 | €20,884 | €9,713 | -€11,171 | -53.5% |
| Trade receivables | 40 | €6,451 | €0 | -€6,451 | -100% |
| Other amounts receivable | 41 | €14,433 | €9,713 | -€4,721 | -32.7% |
| Cash at bank and in hand | 54/58 | €19,343 | €185,104 | +€165,761 | +857% |
| Deferred charges and accrued income | 490/1 | €818 | €2,266 | +€1,448 | +177% |
| Total equity and liabilities | 10/49 | €149,942 | €287,928 | +€137,987 | +92.0% |
| Equity | 10/15 | €139,228 | €235,053 | +€95,824 | +68.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,560 | €216,360 | +€95,800 | +79.5% |
| Distributable reserves | 133 | €120,560 | €216,360 | +€95,800 | +79.5% |
| Profit (loss) carried forward | 14 | €68 | €93 | +€24 | +35.9% |
| Amounts payable | 17/49 | €10,713 | €52,876 | +€42,162 | +394% |
| Amounts payable within one year | 42/48 | €10,713 | €5,074 | -€5,640 | -52.6% |
| Trade debts | 44 | €659 | €3,928 | +€3,269 | +496% |
| Suppliers | 440/4 | €659 | €3,928 | +€3,269 | +496% |
| Taxes, remuneration and social security | 45 | €6,100 | €63 | -€6,037 | -99.0% |
| Taxes | 450/3 | €6,100 | €63 | -€6,037 | -99.0% |
| Other amounts payable | 47/48 | €3,955 | €1,083 | -€2,872 | -72.6% |
| Accrued charges and deferred income | 492/3 | - | €47,802 | +€47,802 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,293 | €22,662 | +€20,369 | +888% |
| Other operating charges | 640/8 | €888 | €584 | -€304 | -34.3% |
| Gross operating margin | 9900 | €13,100 | €152,591 | +€139,492 | +1,065% |
| Operating profit (loss) | 9901 | €9,919 | €129,346 | +€119,427 | +1,204% |
| Financial income | 75/76B | €3 | €678 | +€675 | +22,210% |
| Recurring financial income | 75 | €3 | €678 | +€675 | +22,210% |
| Financial charges | 65/66B | €45 | €2,596 | +€2,551 | +5,650% |
| Recurring financial charges | 65 | €45 | €2,596 | +€2,551 | +5,650% |
| Profit (loss) for the period before taxes | 9903 | €9,877 | €127,428 | +€117,551 | +1,190% |
| Income taxes | 67/77 | €4,017 | €31,604 | +€27,587 | +687% |
| Profit (loss) for the period | 9904 | €5,861 | €95,824 | +€89,964 | +1,535% |
| Profit (loss) for the period to be appropriated | 9905 | €5,861 | €95,824 | +€89,964 | +1,535% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.