DENEYER: what changed
Two fiscal 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.
What changed
DENEYER
NACE 96.301, Funeral services
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1,592
2023 · -€30,980+€29,388
Equity
€271,708
2023 · €273,299-€1,592
Cash
€4,022
2023 · €15,199-€11,177
Balance sheet total
€1.1m
2023 · €1.1m-€47,705
Largest movements
Assets
- Tangible fixed assets -€47,786
down €47,786 (-6.2%), from €771,459 to €723,673
of which Land and buildings: -€30,692
- Receivables within one year +€16,231
up €16,231 (+11.3%), from €143,442 to €159,673
of which Trade receivables: +€47,566
Equity and liabilities
- Debts after one year -€50,112
down €50,112 (-8.0%), from €625,789 to €575,677
- Other debts -€36,000
down €36,000 (-34.3%), from €105,000 to €69,000
- Current portion of long-term debt +€19,868
up €19,868 (+65.9%), from €30,139 to €50,008
- Tax, wage and social debts +€15,678
up €15,678 (+231.0%), from €6,788 to €22,466
of which Remuneration and social security: +€8,963
Income statement
- Gross operating margin +€25,730
up €25,730 (+37.9%), from €67,974 to €93,704
- Other operating charges -€22,512
down €22,512 (-70.4%), from €31,975 to €9,463
- Staff costs +€8,919
up €8,919 (+778.2%), from €1,146 to €10,065
- Financial charges +€8,855
up €8,855 (+35.2%), from €25,122 to €33,978
- Depreciation +€8,201
up €8,201 (+19.4%), from €42,209 to €50,410
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.
Result 2023
-€30,980
Gross operating margin
+€25,730
Staff costs
-€8,919
Depreciation
-€8,201
Other operating charges
+€22,512
Other operating items
+€2,016
Financial income
+€5,090
Financial charges
-€8,855
Taxes
+€15
Result 2024
-€1,592
Cash bridge derived
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.
From operations
+€21,690
Investment
-€2,624
Financing
-€30,243
Cash 2023
€15,199
From operations (derived)
+€21,690
Net result for the year
-€1,592
Depreciation
+€50,410
Stocks and contracts
+€2,624
Receivables within one year
-€16,231
Deferred charges and accrued income
+€2,350
Provisions
-€1,327
Trade debts
+€2,774
Tax, wage and social debts
+€15,678
Advances received
+€3,475
Other debts
-€36,000
Accrued charges and deferred income
-€471
Investment (derived)
-€2,624
Investment in fixed assets (net)
-€2,624
Financing
-€30,243
Debts after one year
-€50,112
Current portion of long-term debt
+€19,868
Cash 2024
€4,022
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,136,040 | €1,088,334 | -€47,705 | -4.2% |
| Fixed assets | 21/28 | €771,546 | €723,760 | -€47,786 | -6.2% |
| Tangible fixed assets | 22/27 | €771,459 | €723,673 | -€47,786 | -6.2% |
| Land and buildings | 22 | €658,121 | €627,429 | -€30,692 | -4.7% |
| Plant, machinery and equipment | 23 | €8,792 | €8,154 | -€637 | -7.3% |
| Furniture and vehicles | 24 | €104,546 | €88,090 | -€16,456 | -15.7% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €364,494 | €364,574 | +€80 | 0.0% |
| Amounts receivable after more than one year | 29 | €173,461 | €173,461 | = | 0.0% |
| Other amounts receivable | 291 | €173,461 | €173,461 | = | 0.0% |
| Stocks and contracts in progress | 3 | €24,616 | €21,992 | -€2,624 | -10.7% |
| Stocks | 30/36 | €24,616 | €21,992 | -€2,624 | -10.7% |
| Amounts receivable within one year | 40/41 | €143,442 | €159,673 | +€16,231 | +11.3% |
| Trade receivables | 40 | €53,404 | €100,971 | +€47,566 | +89.1% |
| Other amounts receivable | 41 | €90,038 | €58,703 | -€31,335 | -34.8% |
| Cash at bank and in hand | 54/58 | €15,199 | €4,022 | -€11,177 | -73.5% |
| Deferred charges and accrued income | 490/1 | €7,775 | €5,426 | -€2,350 | -30.2% |
| Total equity and liabilities | 10/49 | €1,136,040 | €1,088,334 | -€47,705 | -4.2% |
| Equity | 10/15 | €273,299 | €271,708 | -€1,592 | -0.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €259,079 | €254,990 | -€4,089 | -1.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €160,846 | €156,756 | -€4,089 | -2.5% |
| Distributable reserves | 133 | €96,374 | €96,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,372 | -€1,874 | +€2,498 | +57.1% |
| Provisions and deferred taxes | 16 | €52,195 | €50,868 | -€1,327 | -2.5% |
| Deferred taxes | 168 | €52,195 | €50,868 | -€1,327 | -2.5% |
| Amounts payable | 17/49 | €810,545 | €765,759 | -€44,787 | -5.5% |
| Amounts payable after more than one year | 17 | €625,789 | €575,677 | -€50,112 | -8.0% |
| Financial debts | 170/4 | €625,789 | €575,677 | -€50,112 | -8.0% |
| Amounts payable within one year | 42/48 | €184,286 | €190,082 | +€5,796 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €30,139 | €50,008 | +€19,868 | +65.9% |
| Trade debts | 44 | €25,248 | €28,022 | +€2,774 | +11.0% |
| Suppliers | 440/4 | €25,248 | €28,022 | +€2,774 | +11.0% |
| Advances received on contracts in progress | 46 | €17,111 | €20,586 | +€3,475 | +20.3% |
| Taxes, remuneration and social security | 45 | €6,788 | €22,466 | +€15,678 | +231.0% |
| Taxes | 450/3 | €2,229 | €8,944 | +€6,715 | +301.3% |
| Remuneration and social security | 454/9 | €4,559 | €13,522 | +€8,963 | +196.6% |
| Other amounts payable | 47/48 | €105,000 | €69,000 | -€36,000 | -34.3% |
| Accrued charges and deferred income | 492/3 | €471 | - | -€471 | |
| Remuneration, social security and pensions | 62 | €1,146 | €10,065 | +€8,919 | +778.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,209 | €50,410 | +€8,201 | +19.4% |
| Other operating charges | 640/8 | €31,975 | €9,463 | -€22,512 | -70.4% |
| Non-recurring operating charges | 66A | €2,016 | - | -€2,016 | |
| Gross operating margin | 9900 | €67,974 | €93,704 | +€25,730 | +37.9% |
| Operating profit (loss) | 9901 | -€9,372 | €23,766 | +€33,139 | |
| Financial income | 75/76B | €2,537 | €7,627 | +€5,090 | +200.6% |
| Recurring financial income | 75 | €2,537 | €7,627 | +€5,090 | +200.6% |
| Financial charges | 65/66B | €25,122 | €33,978 | +€8,855 | +35.2% |
| Recurring financial charges | 65 | €25,122 | €33,978 | +€8,855 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,958 | -€2,584 | +€29,373 | +91.9% |
| Transfer from deferred taxes | 780 | €1,327 | €1,327 | = | 0.0% |
| Income taxes | 67/77 | €350 | €334 | -€15 | -4.3% |
| Profit (loss) for the period | 9904 | -€30,980 | -€1,592 | +€29,388 | +94.9% |
| Transfer from tax-exempt reserves | 789 | €4,089 | €4,089 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,891 | €2,498 | +€29,388 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.