DENILO GROUP: 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.
DENILO GROUP
Largest movements
- Tangible fixed assets -€75,666
down €75,666 (-2.9%), from €2.6m to €2.5m
of which Land and buildings: -€71,325
- Cash +€67,404
up €67,404 (+297.5%), from €22,660 to €90,064
mainly Other debts (+€205,000) and Depreciation (+€80,970)
- Other debts +€205,000
up €205,000 (+18.6%), from €1.1m to €1.3m
- Debts after one year -€144,152
down €144,152 (-7.3%), from €2.0m to €1.8m
of which Financial debts: -€144,152
- Profit (loss) carried forward -€70,650
down €70,650 (-10.5%), from -€670,698 to -€741,348
- Other operating charges +€5,173
up €5,173 (+30.0%), from €17,234 to €22,407
- Financial charges -€2,312
down €2,312 (-6.4%), from €35,996 to €33,684
- Staff costs -€960
no longer reported in 2025 (was €960)
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.
Cash bridge derived
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 | €2,614,905 | €2,606,900 | -€8,005 | -0.3% |
| Fixed assets | 21/28 | €2,584,496 | €2,508,830 | -€75,666 | -2.9% |
| Tangible fixed assets | 22/27 | €2,584,496 | €2,508,830 | -€75,666 | -2.9% |
| Land and buildings | 22 | €2,510,091 | €2,438,767 | -€71,325 | -2.8% |
| Plant, machinery and equipment | 23 | €44,131 | €39,583 | -€4,548 | -10.3% |
| Furniture and vehicles | 24 | €204 | - | -€204 | |
| Other tangible fixed assets | 26 | €30,070 | €30,480 | +€410 | +1.4% |
| Current assets | 29/58 | €30,409 | €98,070 | +€67,661 | +222.5% |
| Amounts receivable within one year | 40/41 | €780 | €520 | -€260 | -33.4% |
| Other amounts receivable | 41 | €780 | €520 | -€260 | -33.4% |
| Cash at bank and in hand | 54/58 | €22,660 | €90,064 | +€67,404 | +297.5% |
| Deferred charges and accrued income | 490/1 | €6,969 | €7,486 | +€517 | +7.4% |
| Total equity and liabilities | 10/49 | €2,614,905 | €2,606,900 | -€8,005 | -0.3% |
| Equity | 10/15 | -€610,698 | -€681,348 | -€70,650 | -11.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€670,698 | -€741,348 | -€70,650 | -10.5% |
| Amounts payable | 17/49 | €3,225,603 | €3,288,248 | +€62,645 | +1.9% |
| Amounts payable after more than one year | 17 | €1,975,246 | €1,831,095 | -€144,152 | -7.3% |
| Financial debts | 170/4 | €1,974,053 | €1,829,901 | -€144,152 | -7.3% |
| Other amounts payable | 178/9 | €1,194 | €1,194 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,250,357 | €1,457,153 | +€206,797 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €141,785 | €144,152 | +€2,366 | +1.7% |
| Trade debts | 44 | €3,571 | €3,001 | -€570 | -16.0% |
| Suppliers | 440/4 | €3,571 | €3,001 | -€570 | -16.0% |
| Other amounts payable | 47/48 | €1,105,000 | €1,310,000 | +€205,000 | +18.6% |
| Remuneration, social security and pensions | 62 | €960 | - | -€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,599 | €80,970 | -€630 | -0.8% |
| Other operating charges | 640/8 | €17,234 | €22,407 | +€5,173 | +30.0% |
| Gross operating margin | 9900 | €66,190 | €66,410 | +€221 | +0.3% |
| Operating profit (loss) | 9901 | -€33,604 | -€36,967 | -€3,363 | -10.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €35,996 | €33,684 | -€2,312 | -6.4% |
| Recurring financial charges | 65 | €35,996 | €33,684 | -€2,312 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€69,599 | -€70,650 | -€1,051 | -1.5% |
| Profit (loss) for the period | 9904 | -€69,599 | -€70,650 | -€1,051 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,599 | -€70,650 | -€1,051 | -1.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.