Denim De Luxe: what changed
Denim De Luxe
Largest movements
- Receivables after one year -€100,000
down €100,000 (-80.0%), from €125,000 to €25,000
- Receivables within one year +€65,933
up €65,933 (+113%), from €58,114 to €124,047
- Cash -€23,737
down €23,737 (-16.2%), from €146,445 to €122,708
mainly Receivables within one year (-€65,933) and Trade debts (-€20,987)
- Deferred charges and accrued income -€10,293
no longer reported in 2025 (was €10,293)
- Stocks and contracts +€7,284
up €7,284 (+25.5%), from €28,605 to €35,889
- Trade debts -€20,987
down €20,987 (-77.1%), from €27,207 to €6,220
- Current portion of long-term debt -€19,482
no longer reported in 2025 (was €19,482)
- Profit (loss) carried forward -€12,215
down €12,215 (-8.6%), from €142,550 to €130,336
- Other debts -€9,436
down €9,436 (-64.2%), from €14,701 to €5,265
- Tax, wage and social debts -€4,727
down €4,727 (-36.7%), from €12,893 to €8,167
of which Taxes: -€5,107
- Gross operating margin -€15,355
down €15,355 (-19.1%), from €80,564 to €65,209
- Staff costs +€13,143
up €13,143 (+28.1%), from €46,755 to €59,898
- Other operating charges -€2,514
down €2,514 (-51.4%), from €4,889 to €2,375
- Depreciation +€1,538
up €1,538 (+11.1%), from €13,836 to €15,374
- Financial charges -€1,124
down €1,124 (-47.4%), from €2,373 to €1,249
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €427,724 | €361,037 | -€66,687 | -15.6% |
| Fixed assets | 21/28 | €59,268 | €53,394 | -€5,874 | -9.9% |
| Tangible fixed assets | 22/27 | €44,268 | €38,394 | -€5,874 | -13.3% |
| Furniture and vehicles | 24 | €44,268 | €38,394 | -€5,874 | -13.3% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €368,456 | €307,644 | -€60,813 | -16.5% |
| Amounts receivable after more than one year | 29 | €125,000 | €25,000 | -€100,000 | -80.0% |
| Other amounts receivable | 291 | €125,000 | €25,000 | -€100,000 | -80.0% |
| Stocks and contracts in progress | 3 | €28,605 | €35,889 | +€7,284 | +25.5% |
| Stocks | 30/36 | €28,605 | €35,889 | +€7,284 | +25.5% |
| Amounts receivable within one year | 40/41 | €58,114 | €124,047 | +€65,933 | +113% |
| Other amounts receivable | 41 | €58,114 | €124,047 | +€65,933 | +113% |
| Cash at bank and in hand | 54/58 | €146,445 | €122,708 | -€23,737 | -16.2% |
| Deferred charges and accrued income | 490/1 | €10,293 | - | -€10,293 | |
| Total equity and liabilities | 10/49 | €427,724 | €361,037 | -€66,687 | -15.6% |
| Equity | 10/15 | €353,442 | €341,227 | -€12,215 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €192,291 | €192,291 | = | 0.0% |
| Distributable reserves | 133 | €192,291 | €192,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,550 | €130,336 | -€12,215 | -8.6% |
| Amounts payable | 17/49 | €74,283 | €19,811 | -€54,472 | -73.3% |
| Amounts payable within one year | 42/48 | €74,283 | €19,652 | -€54,631 | -73.5% |
| Current portion of amounts payable after more than one year | 42 | €19,482 | - | -€19,482 | |
| Trade debts | 44 | €27,207 | €6,220 | -€20,987 | -77.1% |
| Suppliers | 440/4 | €27,207 | €6,220 | -€20,987 | -77.1% |
| Taxes, remuneration and social security | 45 | €12,893 | €8,167 | -€4,727 | -36.7% |
| Taxes | 450/3 | €10,103 | €4,996 | -€5,107 | -50.6% |
| Remuneration and social security | 454/9 | €2,790 | €3,171 | +€381 | +13.6% |
| Other amounts payable | 47/48 | €14,701 | €5,265 | -€9,436 | -64.2% |
| Accrued charges and deferred income | 492/3 | - | €159 | +€159 | |
| Remuneration, social security and pensions | 62 | €46,755 | €59,898 | +€13,143 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,836 | €15,374 | +€1,538 | +11.1% |
| Other operating charges | 640/8 | €4,889 | €2,375 | -€2,514 | -51.4% |
| Gross operating margin | 9900 | €80,564 | €65,209 | -€15,355 | -19.1% |
| Operating profit (loss) | 9901 | €15,084 | -€12,440 | -€27,523 | |
| Financial income | 75/76B | €2,125 | €1,474 | -€651 | -30.6% |
| Recurring financial income | 75 | €2,125 | €1,474 | -€651 | -30.6% |
| Financial charges | 65/66B | €2,373 | €1,249 | -€1,124 | -47.4% |
| Recurring financial charges | 65 | €2,373 | €1,249 | -€1,124 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €14,835 | -€12,215 | -€27,050 | |
| Profit (loss) for the period | 9904 | €14,835 | -€12,215 | -€27,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,835 | -€12,215 | -€27,050 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.