DENHOUT BIS: 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.
DENHOUT BIS
Largest movements
- Current investments -€392,133
down €392,133 (-99.7%), from €393,133 to €1,000
- Cash +€109,258
up €109,258 (+146%), from €75,088 to €184,345
mainly Current investments (+€392,133) and Net result for the year (+€61,936)
- Receivables within one year -€42,917
down €42,917 (-56.2%), from €76,361 to €33,445
of which Other amounts receivable: -€42,500
- Other debts -€332,301
no longer reported in 2025 (was €332,301)
- Accrued charges and deferred income -€92,147
down €92,147 (-98.8%), from €93,274 to €1,127
- Reserves +€61,936
up €61,936 (+29.4%), from €210,650 to €272,586
- Financial charges +€11,765
up €11,765 (+15.1%), from €78,118 to €89,883
- Financial income -€8,535
down €8,535 (-52.6%), from €16,223 to €7,689
- Taxes -€4,144
down €4,144 (-11.1%), from €37,200 to €33,057
- Gross operating margin -€3,450
down €3,450 (-1.7%), from €200,730 to €197,280
- Other operating charges -€2,174
down €2,174 (-15.9%), from €13,701 to €11,526
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 | €1,928,507 | €1,578,496 | -€350,011 | -18.1% |
| Fixed assets | 21/28 | €243,950 | €235,383 | -€8,567 | -3.5% |
| Tangible fixed assets | 22/27 | €243,950 | €235,383 | -€8,567 | -3.5% |
| Land and buildings | 22 | €243,950 | €235,383 | -€8,567 | -3.5% |
| Current assets | 29/58 | €1,684,557 | €1,343,113 | -€341,445 | -20.3% |
| Stocks and contracts in progress | 3 | €1,120,309 | €1,120,309 | = | 0.0% |
| Stocks | 30/36 | €1,120,309 | €1,120,309 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €76,361 | €33,445 | -€42,917 | -56.2% |
| Trade receivables | 40 | €417 | - | -€417 | |
| Other amounts receivable | 41 | €75,945 | €33,445 | -€42,500 | -56.0% |
| Current investments | 50/53 | €393,133 | €1,000 | -€392,133 | -99.7% |
| Cash at bank and in hand | 54/58 | €75,088 | €184,345 | +€109,258 | +146% |
| Deferred charges and accrued income | 490/1 | €19,666 | €4,014 | -€15,653 | -79.6% |
| Total equity and liabilities | 10/49 | €1,928,507 | €1,578,496 | -€350,011 | -18.1% |
| Equity | 10/15 | €230,650 | €292,586 | +€61,936 | +26.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €210,650 | €272,586 | +€61,936 | +29.4% |
| Distributable reserves | 133 | €210,650 | €272,586 | +€61,936 | +29.4% |
| Amounts payable | 17/49 | €1,697,857 | €1,285,910 | -€411,947 | -24.3% |
| Amounts payable after more than one year | 17 | €1,250,000 | €1,250,000 | = | 0.0% |
| Financial debts | 170/4 | €1,250,000 | €1,250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €354,583 | €34,783 | -€319,800 | -90.2% |
| Financial debts | 43 | €6,693 | €8,333 | +€1,641 | +24.5% |
| Credit institutions | 430/8 | €6,693 | €8,333 | +€1,641 | +24.5% |
| Trade debts | 44 | €1,318 | €6,751 | +€5,433 | +412% |
| Suppliers | 440/4 | €1,318 | €6,751 | +€5,433 | +412% |
| Taxes, remuneration and social security | 45 | €14,271 | €19,699 | +€5,427 | +38.0% |
| Taxes | 450/3 | €14,271 | €19,699 | +€5,427 | +38.0% |
| Other amounts payable | 47/48 | €332,301 | - | -€332,301 | |
| Accrued charges and deferred income | 492/3 | €93,274 | €1,127 | -€92,147 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,567 | €8,567 | = | 0.0% |
| Other operating charges | 640/8 | €13,701 | €11,526 | -€2,174 | -15.9% |
| Gross operating margin | 9900 | €200,730 | €197,280 | -€3,450 | -1.7% |
| Operating profit (loss) | 9901 | €178,463 | €177,187 | -€1,276 | -0.7% |
| Financial income | 75/76B | €16,223 | €7,689 | -€8,535 | -52.6% |
| Recurring financial income | 75 | €16,223 | €7,689 | -€8,535 | -52.6% |
| Financial charges | 65/66B | €78,118 | €89,883 | +€11,765 | +15.1% |
| Recurring financial charges | 65 | €78,118 | €89,883 | +€11,765 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €116,568 | €94,992 | -€21,576 | -18.5% |
| Income taxes | 67/77 | €37,200 | €33,057 | -€4,144 | -11.1% |
| Profit (loss) for the period | 9904 | €79,368 | €61,936 | -€17,432 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,368 | €61,936 | -€17,432 | -22.0% |
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 21 October 2026 via checked.be.