Denim Service: 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.
Denim Service
Largest movements
- Receivables within one year +€91,502
up €91,502 (+67.0%), from €136,657 to €228,159
of which Trade receivables: +€90,820
- Cash +€72,331
up €72,331 (+8,068%), from €896 to €73,227
mainly Net result for the year (+€183,127) and Tax, wage and social debts (+€28,084)
- Tangible fixed assets +€42,146
new in 2025: €42,146
of which Furniture and vehicles: +€37,798
- Profit (loss) carried forward +€183,127
up €183,127 (+257%), from €71,329 to €254,456
- Tax, wage and social debts +€28,084
up €28,084 (+88.7%), from €31,665 to €59,748
of which Taxes: +€37,501
- Other debts -€10,163
down €10,163 (-43.8%), from €23,213 to €13,049
- Trade debts +€5,204
up €5,204 (+53.4%), from €9,738 to €14,943
- Gross operating margin +€157,741
up €157,741 (+171%), from €92,514 to €250,255
- Taxes +€39,982
up €39,982 (+203%), from €19,665 to €59,647
- Depreciation +€4,799
up €4,799 (+321%), from €1,494 to €6,293
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 | €137,945 | €344,196 | +€206,251 | +150% |
| Fixed assets | 21/28 | - | €42,146 | +€42,146 | |
| Tangible fixed assets | 22/27 | - | €42,146 | +€42,146 | |
| Furniture and vehicles | 24 | - | €37,798 | +€37,798 | |
| Other tangible fixed assets | 26 | - | €4,348 | +€4,348 | |
| Current assets | 29/58 | €137,945 | €302,051 | +€164,106 | +119% |
| Amounts receivable within one year | 40/41 | €136,657 | €228,159 | +€91,502 | +67.0% |
| Trade receivables | 40 | €136,200 | €227,020 | +€90,820 | +66.7% |
| Other amounts receivable | 41 | €457 | €1,139 | +€682 | +149% |
| Cash at bank and in hand | 54/58 | €896 | €73,227 | +€72,331 | +8,068% |
| Deferred charges and accrued income | 490/1 | €391 | €664 | +€273 | +69.8% |
| Total equity and liabilities | 10/49 | €137,945 | €344,196 | +€206,251 | +150% |
| Equity | 10/15 | €73,329 | €256,456 | +€183,127 | +250% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,329 | €254,456 | +€183,127 | +257% |
| Amounts payable | 17/49 | €64,616 | €87,741 | +€23,125 | +35.8% |
| Amounts payable within one year | 42/48 | €64,616 | €87,741 | +€23,125 | +35.8% |
| Trade debts | 44 | €9,738 | €14,943 | +€5,204 | +53.4% |
| Suppliers | 440/4 | €9,738 | €14,943 | +€5,204 | +53.4% |
| Taxes, remuneration and social security | 45 | €31,665 | €59,748 | +€28,084 | +88.7% |
| Taxes | 450/3 | €22,247 | €59,748 | +€37,501 | +169% |
| Remuneration and social security | 454/9 | €9,417 | €0 | -€9,417 | -100% |
| Other amounts payable | 47/48 | €23,213 | €13,049 | -€10,163 | -43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,494 | €6,293 | +€4,799 | +321% |
| Other operating charges | 640/8 | - | €142 | +€142 | |
| Gross operating margin | 9900 | €92,514 | €250,255 | +€157,741 | +171% |
| Operating profit (loss) | 9901 | €91,020 | €243,820 | +€152,800 | +168% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €26 | €1,049 | +€1,023 | +3,868% |
| Recurring financial charges | 65 | €26 | €1,049 | +€1,023 | +3,868% |
| Profit (loss) for the period before taxes | 9903 | €90,994 | €242,774 | +€151,780 | +167% |
| Income taxes | 67/77 | €19,665 | €59,647 | +€39,982 | +203% |
| Profit (loss) for the period | 9904 | €71,329 | €183,127 | +€111,797 | +157% |
| Profit (loss) for the period to be appropriated | 9905 | €71,329 | €183,127 | +€111,797 | +157% |
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 19 October 2026 via checked.be.