DENHEE: 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.
DENHEE
Largest movements
- Receivables within one year +€9,556
up €9,556 (+28.9%), from €33,051 to €42,607
- Tangible fixed assets -€5,230
down €5,230 (-18.5%), from €28,300 to €23,070
of which Other tangible fixed assets: -€3,845
- Profit (loss) carried forward +€7,279
up €7,279 (+23.5%), from €31,022 to €38,302
- Debts after one year -€3,744
down €3,744 (-46.5%), from €8,048 to €4,304
- Gross operating margin +€17,096
up €17,096 (+30.3%), from €56,431 to €73,527
- Staff costs +€14,773
up €14,773 (+35.2%), from €42,017 to €56,790
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,353 | €65,725 | +€4,373 | +7.1% |
| Fixed assets | 21/28 | €28,300 | €23,070 | -€5,230 | -18.5% |
| Tangible fixed assets | 22/27 | €28,300 | €23,070 | -€5,230 | -18.5% |
| Plant, machinery and equipment | 23 | €1,385 | - | -€1,385 | |
| Other tangible fixed assets | 26 | €26,915 | €23,070 | -€3,845 | -14.3% |
| Current assets | 29/58 | €33,053 | €42,655 | +€9,602 | +29.1% |
| Amounts receivable within one year | 40/41 | €33,051 | €42,607 | +€9,556 | +28.9% |
| Other amounts receivable | 41 | €33,051 | €42,607 | +€9,556 | +28.9% |
| Cash at bank and in hand | 54/58 | €2 | €48 | +€46 | +2434.0% |
| Total equity and liabilities | 10/49 | €61,353 | €65,725 | +€4,373 | +7.1% |
| Equity | 10/15 | €51,205 | €58,868 | +€7,662 | +15.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,633 | €2,016 | +€383 | +23.5% |
| Non-distributable reserves | 130/1 | €1,633 | €2,016 | +€383 | +23.5% |
| Legal reserve | 130 | €1,633 | €2,016 | +€383 | +23.5% |
| Profit (loss) carried forward | 14 | €31,022 | €38,302 | +€7,279 | +23.5% |
| Amounts payable | 17/49 | €10,147 | €6,858 | -€3,290 | -32.4% |
| Amounts payable after more than one year | 17 | €8,048 | €4,304 | -€3,744 | -46.5% |
| Financial debts | 170/4 | €8,048 | €4,304 | -€3,744 | -46.5% |
| Amounts payable within one year | 42/48 | €2,100 | €2,554 | +€454 | +21.6% |
| Taxes, remuneration and social security | 45 | €2,100 | €2,554 | +€454 | +21.6% |
| Taxes | 450/3 | €2,100 | €2,554 | +€454 | +21.6% |
| Remuneration, social security and pensions | 62 | €42,017 | €56,790 | +€14,773 | +35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,350 | €5,230 | -€120 | -2.2% |
| Other operating charges | 640/8 | €540 | €1,161 | +€621 | +115.0% |
| Gross operating margin | 9900 | €56,431 | €73,527 | +€17,096 | +30.3% |
| Operating profit (loss) | 9901 | €8,525 | €10,346 | +€1,822 | +21.4% |
| Financial charges | 65/66B | €126 | €130 | +€4 | +3.3% |
| Recurring financial charges | 65 | €126 | €130 | +€4 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €8,399 | €10,216 | +€1,817 | +21.6% |
| Income taxes | 67/77 | €2,100 | €2,554 | +€454 | +21.6% |
| Profit (loss) for the period | 9904 | €6,299 | €7,662 | +€1,363 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,299 | €7,662 | +€1,363 | +21.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.