DeneVan: 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.
DeneVan
Largest movements
- Cash -€21,201
down €21,201 (-89.5%), from €23,683 to €2,482
mainly Other debts (-€18,097) and Debts after one year (-€10,094)
- Tangible fixed assets -€8,518
down €8,518 (-27.1%), from €31,441 to €22,922
of which Leasing and similar rights: -€12,410
- Receivables within one year +€6,477
up €6,477 (+121%), from €5,340 to €11,817
of which Other amounts receivable: +€3,347
- Other debts -€18,097
down €18,097 (-82.6%), from €21,901 to €3,804
- Debts after one year -€10,094
down €10,094 (-48.8%), from €20,683 to €10,589
- Reserves +€5,010
up €5,010 (+393%), from €1,274 to €6,284
- Current portion of long-term debt -€1,352
down €1,352 (-10.3%), from €13,129 to €11,777
- Gross operating margin -€19,704
down €19,704 (-47.2%), from €41,766 to €22,062
- Taxes +€1,474
up €1,474 (+238%), from €619 to €2,093
- Other operating charges -€494
down €494 (-44.8%), from €1,103 to €609
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 | €61,554 | €37,822 | -€23,733 | -38.6% |
| Fixed assets | 21/28 | €32,041 | €23,522 | -€8,518 | -26.6% |
| Tangible fixed assets | 22/27 | €31,441 | €22,922 | -€8,518 | -27.1% |
| Plant, machinery and equipment | 23 | €357 | €3,210 | +€2,854 | +800% |
| Furniture and vehicles | 24 | - | €1,038 | +€1,038 | |
| Leasing and similar rights | 25 | €31,084 | €18,674 | -€12,410 | -39.9% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €29,514 | €14,299 | -€15,214 | -51.6% |
| Amounts receivable within one year | 40/41 | €5,340 | €11,817 | +€6,477 | +121% |
| Trade receivables | 40 | €3,440 | €6,570 | +€3,130 | +91.0% |
| Other amounts receivable | 41 | €1,900 | €5,247 | +€3,347 | +176% |
| Cash at bank and in hand | 54/58 | €23,683 | €2,482 | -€21,201 | -89.5% |
| Deferred charges and accrued income | 490/1 | €491 | - | -€491 | |
| Total equity and liabilities | 10/49 | €61,554 | €37,822 | -€23,733 | -38.6% |
| Equity | 10/15 | €3,774 | €8,784 | +€5,010 | +133% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €1,274 | €6,284 | +€5,010 | +393% |
| Distributable reserves | 133 | €1,274 | €6,284 | +€5,010 | +393% |
| Amounts payable | 17/49 | €57,780 | €29,038 | -€28,743 | -49.7% |
| Amounts payable after more than one year | 17 | €20,683 | €10,589 | -€10,094 | -48.8% |
| Financial debts | 170/4 | €20,683 | €10,589 | -€10,094 | -48.8% |
| Amounts payable within one year | 42/48 | €37,097 | €18,449 | -€18,648 | -50.3% |
| Current portion of amounts payable after more than one year | 42 | €13,129 | €11,777 | -€1,352 | -10.3% |
| Trade debts | 44 | €1,231 | €1,796 | +€565 | +45.9% |
| Suppliers | 440/4 | €1,231 | €1,796 | +€565 | +45.9% |
| Taxes, remuneration and social security | 45 | €836 | €1,072 | +€236 | +28.3% |
| Taxes | 450/3 | €836 | €1,072 | +€236 | +28.3% |
| Other amounts payable | 47/48 | €21,901 | €3,804 | -€18,097 | -82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,894 | €6,272 | +€378 | +6.4% |
| Other operating charges | 640/8 | €1,103 | €609 | -€494 | -44.8% |
| Non-recurring operating charges | 66A | €3,519 | €6,858 | +€3,339 | +94.9% |
| Gross operating margin | 9900 | €41,766 | €22,062 | -€19,704 | -47.2% |
| Operating profit (loss) | 9901 | €31,250 | €8,323 | -€22,927 | -73.4% |
| Financial income | 75/76B | €5 | €299 | +€295 | +6,309% |
| Recurring financial income | 75 | €5 | €299 | +€295 | +6,309% |
| Financial charges | 65/66B | €1,841 | €1,519 | -€321 | -17.5% |
| Recurring financial charges | 65 | €1,841 | €1,519 | -€321 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €29,414 | €7,103 | -€22,311 | -75.9% |
| Income taxes | 67/77 | €619 | €2,093 | +€1,474 | +238% |
| Profit (loss) for the period | 9904 | €28,795 | €5,010 | -€23,785 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,795 | €5,010 | -€23,785 | -82.6% |
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 28 October 2026 via checked.be.