Denitec: 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.
Denitec
Largest movements
- Cash -€5,668
down €5,668 (-20.2%), from €28,041 to €22,373
mainly Other debts (-€19,289) and Current portion of long-term debt (-€3,860)
- Tangible fixed assets -€3,660
down €3,660 (-100.0%), from €3,660 to €0
- Receivables within one year +€576
up €576 (+5.2%), from €11,177 to €11,752
of which Trade receivables: +€2,107
- Other debts -€19,289
down €19,289 (-96.4%), from €20,000 to €711
- Reserves +€15,875
up €15,875 (+205.8%), from €7,714 to €23,590
- Current portion of long-term debt -€3,860
down €3,860 (-100.0%), from €3,860 to €0
- Trade debts -€1,056
down €1,056 (-61.7%), from €1,712 to €656
- Tax, wage and social debts -€481
down €481 (-6.2%), from €7,726 to €7,245
of which Taxes: -€501
- Gross operating margin +€4,772
up €4,772 (+19.5%), from €24,489 to €29,261
- Taxes +€3,002
up €3,002 (+61.7%), from €4,863 to €7,865
- Depreciation -€541
down €541 (-12.2%), from €4,421 to €3,880
- Financial charges -€411
down €411 (-53.1%), from €774 to €363
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 | €44,200 | €35,455 | -€8,745 | -19.8% |
| Fixed assets | 21/28 | €3,931 | €52 | -€3,880 | -98.7% |
| Intangible fixed assets | 21 | €272 | €52 | -€220 | -80.9% |
| Tangible fixed assets | 22/27 | €3,660 | €0 | -€3,660 | -100.0% |
| Furniture and vehicles | 24 | €3,660 | €0 | -€3,660 | -100.0% |
| Current assets | 29/58 | €40,268 | €35,403 | -€4,865 | -12.1% |
| Amounts receivable within one year | 40/41 | €11,177 | €11,752 | +€576 | +5.2% |
| Trade receivables | 40 | €6,888 | €8,995 | +€2,107 | +30.6% |
| Other amounts receivable | 41 | €4,289 | €2,758 | -€1,531 | -35.7% |
| Cash at bank and in hand | 54/58 | €28,041 | €22,373 | -€5,668 | -20.2% |
| Deferred charges and accrued income | 490/1 | €1,051 | €1,278 | +€227 | +21.6% |
| Total equity and liabilities | 10/49 | €44,200 | €35,455 | -€8,745 | -19.8% |
| Equity | 10/15 | €10,714 | €26,590 | +€15,875 | +148.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,714 | €23,590 | +€15,875 | +205.8% |
| Distributable reserves | 133 | €7,714 | €23,590 | +€15,875 | +205.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,486 | €8,865 | -€24,621 | -73.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €33,362 | €8,820 | -€24,542 | -73.6% |
| Current portion of amounts payable after more than one year | 42 | €3,860 | €0 | -€3,860 | -100.0% |
| Financial debts | 43 | €65 | €208 | +€143 | +221.4% |
| Credit institutions | 430/8 | €65 | €208 | +€143 | +221.4% |
| Trade debts | 44 | €1,712 | €656 | -€1,056 | -61.7% |
| Suppliers | 440/4 | €1,712 | €656 | -€1,056 | -61.7% |
| Taxes, remuneration and social security | 45 | €7,726 | €7,245 | -€481 | -6.2% |
| Taxes | 450/3 | €6,626 | €6,125 | -€501 | -7.6% |
| Remuneration and social security | 454/9 | €1,100 | €1,120 | +€20 | +1.8% |
| Other amounts payable | 47/48 | €20,000 | €711 | -€19,289 | -96.4% |
| Accrued charges and deferred income | 492/3 | €123 | €45 | -€78 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,421 | €3,880 | -€541 | -12.2% |
| Other operating charges | 640/8 | €1,289 | €1,497 | +€209 | +16.2% |
| Gross operating margin | 9900 | €24,489 | €29,261 | +€4,772 | +19.5% |
| Operating profit (loss) | 9901 | €18,780 | €23,884 | +€5,104 | +27.2% |
| Financial income | 75/76B | €28 | €219 | +€191 | +695.1% |
| Recurring financial income | 75 | €28 | €219 | +€191 | +695.1% |
| Financial charges | 65/66B | €774 | €363 | -€411 | -53.1% |
| Recurring financial charges | 65 | €774 | €363 | -€411 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €18,034 | €23,740 | +€5,707 | +31.6% |
| Income taxes | 67/77 | €4,863 | €7,865 | +€3,002 | +61.7% |
| Profit (loss) for the period | 9904 | €13,171 | €15,875 | +€2,704 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,171 | €15,875 | +€2,704 | +20.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.