DENEVE PROPERTY: 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.
DENEVE PROPERTY
Largest movements
- Cash -€7,232
down €7,232 (-78.8%), from €9,182 to €1,949
mainly Net result for the year (-€11,512) and Trade debts (-€1,342)
- Profit (loss) carried forward -€11,512
down €11,512 (-67.3%), from -€17,116 to -€28,628
- Other debts +€3,500
up €3,500 (+1.9%), from €183,940 to €187,440
- Gross operating margin -€58,000
down €58,000, from €53,213 to -€4,787
- Financial charges -€19,400
down €19,400 (-77.9%), from €24,911 to €5,511
- Other operating charges -€3,378
down €3,378 (-73.6%), from €4,591 to €1,214
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 | €290,724 | €281,791 | -€8,932 | -3.1% |
| Current assets | 29/58 | €290,724 | €281,791 | -€8,932 | -3.1% |
| Stocks and contracts in progress | 3 | €279,842 | €279,842 | = | 0.0% |
| Stocks | 30/36 | €279,842 | €279,842 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,182 | €1,949 | -€7,232 | -78.8% |
| Deferred charges and accrued income | 490/1 | €1,700 | €0 | -€1,700 | -100% |
| Total equity and liabilities | 10/49 | €290,724 | €281,791 | -€8,932 | -3.1% |
| Equity | 10/15 | -€2,856 | -€14,368 | -€11,512 | -403% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€17,116 | -€28,628 | -€11,512 | -67.3% |
| Amounts payable | 17/49 | €293,580 | €296,160 | +€2,580 | +0.9% |
| Amounts payable within one year | 42/48 | €255,580 | €257,738 | +€2,158 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €70,140 | €70,140 | = | 0.0% |
| Trade debts | 44 | €1,500 | €158 | -€1,342 | -89.4% |
| Suppliers | 440/4 | €1,500 | €158 | -€1,342 | -89.4% |
| Other amounts payable | 47/48 | €183,940 | €187,440 | +€3,500 | +1.9% |
| Accrued charges and deferred income | 492/3 | €38,000 | €38,422 | +€422 | +1.1% |
| Other operating charges | 640/8 | €4,591 | €1,214 | -€3,378 | -73.6% |
| Gross operating margin | 9900 | €53,213 | -€4,787 | -€58,000 | |
| Operating profit (loss) | 9901 | €48,622 | -€6,001 | -€54,622 | |
| Financial charges | 65/66B | €24,911 | €5,511 | -€19,400 | -77.9% |
| Recurring financial charges | 65 | €24,911 | €5,511 | -€19,400 | -77.9% |
| Profit (loss) for the period before taxes | 9903 | €23,711 | -€11,512 | -€35,223 | |
| Profit (loss) for the period | 9904 | €23,711 | -€11,512 | -€35,223 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,711 | -€11,512 | -€35,223 |
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 13 October 2026 via checked.be.