DENISON srl: 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.
What changed
DENISON srl
NACE 96.301, Funeral services
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€82,740
2023 · €54,181+€28,560
Equity
€781,099
2023 · €698,359+€82,740
Cash
€69,404
2023 · €72,736-€3,332
Balance sheet total
€890,092
2023 · €865,246+€24,846
Largest movements
Assets
- Receivables within one year +€57,091
up €57,091 (+13.8%), from €412,485 to €469,576
of which Trade receivables: +€57,973
- Tangible fixed assets -€29,435
down €29,435 (-9.4%), from €313,254 to €283,819
Equity and liabilities
- Profit (loss) carried forward +€82,740
up €82,740 (+136.2%), from €60,731 to €143,472
- Debts after one year -€30,337
down €30,337 (-55.8%), from €54,392 to €24,055
- Current portion of long-term debt -€13,352
down €13,352 (-30.6%), from €43,689 to €30,337
- Trade debts -€10,904
down €10,904 (-27.4%), from €39,813 to €28,910
Income statement
- Gross operating margin +€27,662
up €27,662 (+17.3%), from €159,846 to €187,508
- Staff costs -€4,405
down €4,405 (-46.7%), from €9,430 to €5,024
From the 2023 result to the 2024 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.
Result 2023
€54,181
Gross operating margin
+€27,662
Staff costs
+€4,405
Depreciation
-€633
Other operating charges
+€59
Other operating items
-€2,627
Financial income
-€824
Financial charges
+€1,101
Taxes
-€584
Result 2024
€82,740
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€63,033
Investment
-€22,676
Financing
-€43,689
Cash 2023
€72,736
From operations (derived)
+€63,033
Net result for the year
+€82,740
Depreciation
+€52,275
Stocks and contracts
+€1,758
Receivables within one year
-€57,091
Deferred charges and accrued income
-€2,445
Trade debts
-€10,904
Tax, wage and social debts
-€3,139
Smaller working-capital items
+€105
Other debts
-€267
Investment (derived)
-€22,676
Investment in fixed assets (net)
-€22,676
Financing
-€43,689
Debts after one year
-€30,337
Current portion of long-term debt
-€13,352
Cash 2024
€69,404
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €865,246 | €890,092 | +€24,846 | +2.9% |
| Fixed assets | 21/28 | €313,626 | €284,027 | -€29,599 | -9.4% |
| Intangible fixed assets | 21 | €373 | €208 | -€165 | -44.2% |
| Tangible fixed assets | 22/27 | €313,254 | €283,819 | -€29,435 | -9.4% |
| Land and buildings | 22 | €178,139 | €166,204 | -€11,935 | -6.7% |
| Plant, machinery and equipment | 23 | €63,887 | €51,375 | -€12,512 | -19.6% |
| Furniture and vehicles | 24 | €61,216 | €61,778 | +€562 | +0.9% |
| Leasing and similar rights | 25 | €8,249 | €3,416 | -€4,833 | -58.6% |
| Other tangible fixed assets | 26 | €1,763 | €1,045 | -€717 | -40.7% |
| Current assets | 29/58 | €551,619 | €606,065 | +€54,445 | +9.9% |
| Stocks and contracts in progress | 3 | €56,043 | €54,285 | -€1,758 | -3.1% |
| Stocks | 30/36 | €56,043 | €54,285 | -€1,758 | -3.1% |
| Amounts receivable within one year | 40/41 | €412,485 | €469,576 | +€57,091 | +13.8% |
| Trade receivables | 40 | €402,324 | €460,297 | +€57,973 | +14.4% |
| Other amounts receivable | 41 | €10,160 | €9,278 | -€882 | -8.7% |
| Cash at bank and in hand | 54/58 | €72,736 | €69,404 | -€3,332 | -4.6% |
| Deferred charges and accrued income | 490/1 | €10,355 | €12,800 | +€2,445 | +23.6% |
| Total equity and liabilities | 10/49 | €865,246 | €890,092 | +€24,846 | +2.9% |
| Equity | 10/15 | €698,359 | €781,099 | +€82,740 | +11.8% |
| Contributions | 10/11 | €156,205 | €156,205 | = | 0.0% |
| Reserves | 13 | €481,422 | €481,422 | = | 0.0% |
| Tax-exempt reserves | 132 | €562 | €562 | = | 0.0% |
| Distributable reserves | 133 | €480,860 | €480,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,731 | €143,472 | +€82,740 | +136.2% |
| Amounts payable | 17/49 | €166,887 | €108,993 | -€57,894 | -34.7% |
| Amounts payable after more than one year | 17 | €54,392 | €24,055 | -€30,337 | -55.8% |
| Financial debts | 170/4 | €54,392 | €24,055 | -€30,337 | -55.8% |
| Amounts payable within one year | 42/48 | €112,439 | €84,877 | -€27,562 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €43,689 | €30,337 | -€13,352 | -30.6% |
| Trade debts | 44 | €39,813 | €28,910 | -€10,904 | -27.4% |
| Suppliers | 440/4 | €39,813 | €28,910 | -€10,904 | -27.4% |
| Advances received on contracts in progress | 46 | €3,409 | €3,509 | +€100 | +2.9% |
| Taxes, remuneration and social security | 45 | €19,887 | €16,748 | -€3,139 | -15.8% |
| Taxes | 450/3 | €10,718 | €7,446 | -€3,272 | -30.5% |
| Remuneration and social security | 454/9 | €9,169 | €9,302 | +€133 | +1.4% |
| Other amounts payable | 47/48 | €5,641 | €5,373 | -€267 | -4.7% |
| Accrued charges and deferred income | 492/3 | €56 | €61 | +€5 | +8.0% |
| Remuneration, social security and pensions | 62 | €9,430 | €5,024 | -€4,405 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,642 | €52,275 | +€633 | +1.2% |
| Other operating charges | 640/8 | €11,303 | €11,244 | -€59 | -0.5% |
| Non-recurring operating charges | 66A | €2,542 | €5,168 | +€2,627 | +103.3% |
| Gross operating margin | 9900 | €159,846 | €187,508 | +€27,662 | +17.3% |
| Operating profit (loss) | 9901 | €84,930 | €113,795 | +€28,866 | +34.0% |
| Financial income | 75/76B | €3,215 | €2,391 | -€824 | -25.6% |
| Recurring financial income | 75 | €3,215 | €2,391 | -€824 | -25.6% |
| Financial charges | 65/66B | €12,301 | €11,200 | -€1,101 | -9.0% |
| Recurring financial charges | 65 | €12,301 | €11,200 | -€1,101 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €75,844 | €104,987 | +€29,143 | +38.4% |
| Income taxes | 67/77 | €21,663 | €22,246 | +€584 | +2.7% |
| Profit (loss) for the period | 9904 | €54,181 | €82,740 | +€28,560 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,181 | €82,740 | +€28,560 | +52.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.