DENELIMMO: 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.
DENELIMMO
Largest movements
- Cash +€227,503
up €227,503 (+1,892,700%), from €12 to €227,515
mainly Advances received (+€375,270) and Depreciation (+€57,480)
- Tangible fixed assets -€57,480
down €57,480 (-5.3%), from €1.1m to €1.0m
of which Land and buildings: -€57,158
- Advances received +€375,270
new in 2024: €375,270
- Debts after one year -€196,288
down €196,288 (-12.2%), from €1.6m to €1.4m
of which Other amounts payable: -€184,010
- Profit (loss) carried forward +€50,335
up €50,335, from -€31,300 to €19,035
- Revaluation surpluses -€24,701
down €24,701 (-5.3%), from €463,863 to €439,162
- Gross operating margin +€186,551
up €186,551 (+434%), from €42,976 to €229,527
- Depreciation +€19,972
up €19,972 (+53.2%), from €37,508 to €57,480
- Other operating charges +€5,140
up €5,140 (+31.3%), from €16,441 to €21,581
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,131,247 | €2,308,834 | +€177,587 | +8.3% |
| Fixed assets | 21/28 | €1,088,616 | €1,031,136 | -€57,480 | -5.3% |
| Tangible fixed assets | 22/27 | €1,088,616 | €1,031,136 | -€57,480 | -5.3% |
| Land and buildings | 22 | €1,088,294 | €1,031,136 | -€57,158 | -5.3% |
| Furniture and vehicles | 24 | €322 | - | -€322 | |
| Current assets | 29/58 | €1,042,631 | €1,277,698 | +€235,067 | +22.5% |
| Stocks and contracts in progress | 3 | €1,033,551 | €1,042,028 | +€8,477 | +0.8% |
| Stocks | 30/36 | €1,033,551 | €1,042,028 | +€8,477 | +0.8% |
| Amounts receivable within one year | 40/41 | €6,177 | €6,395 | +€218 | +3.5% |
| Trade receivables | 40 | €2,585 | €1,756 | -€829 | -32.1% |
| Other amounts receivable | 41 | €3,591 | €4,639 | +€1,047 | +29.2% |
| Cash at bank and in hand | 54/58 | €12 | €227,515 | +€227,503 | +1,892,700% |
| Deferred charges and accrued income | 490/1 | €2,892 | €1,761 | -€1,131 | -39.1% |
| Total equity and liabilities | 10/49 | €2,131,247 | €2,308,834 | +€177,587 | +8.3% |
| Equity | 10/15 | €453,023 | €478,657 | +€25,634 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €463,863 | €439,162 | -€24,701 | -5.3% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,300 | €19,035 | +€50,335 | |
| Amounts payable | 17/49 | €1,678,224 | €1,830,177 | +€151,953 | +9.1% |
| Amounts payable after more than one year | 17 | €1,605,436 | €1,409,148 | -€196,288 | -12.2% |
| Financial debts | 170/4 | €1,321,426 | €1,309,148 | -€12,278 | -0.9% |
| Other amounts payable | 178/9 | €284,010 | €100,000 | -€184,010 | -64.8% |
| Amounts payable within one year | 42/48 | €72,788 | €418,445 | +€345,657 | +475% |
| Financial debts | 43 | €9,883 | €397 | -€9,486 | -96.0% |
| Credit institutions | 430/8 | €9,883 | €397 | -€9,486 | -96.0% |
| Trade debts | 44 | €30,530 | €18,122 | -€12,409 | -40.6% |
| Suppliers | 440/4 | €30,530 | €18,122 | -€12,409 | -40.6% |
| Advances received on contracts in progress | 46 | - | €375,270 | +€375,270 | |
| Taxes, remuneration and social security | 45 | €462 | - | -€462 | |
| Taxes | 450/3 | €462 | - | -€462 | |
| Other amounts payable | 47/48 | €31,913 | €24,655 | -€7,257 | -22.7% |
| Accrued charges and deferred income | 492/3 | - | €2,585 | +€2,585 | |
| Non-recurring operating income | 76A | €5,593 | €204,731 | +€199,138 | +3,560% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,508 | €57,480 | +€19,972 | +53.2% |
| Other operating charges | 640/8 | €16,441 | €21,581 | +€5,140 | +31.3% |
| Gross operating margin | 9900 | €42,976 | €229,527 | +€186,551 | +434% |
| Operating profit (loss) | 9901 | -€10,974 | €150,466 | +€161,440 | |
| Financial charges | 65/66B | €100,465 | €100,131 | -€335 | -0.3% |
| Recurring financial charges | 65 | €100,465 | €100,131 | -€335 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€111,439 | €50,335 | +€161,774 | |
| Profit (loss) for the period | 9904 | -€111,439 | €50,335 | +€161,774 | |
| Profit (loss) for the period to be appropriated | 9905 | -€111,439 | €50,335 | +€161,774 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.