Denizler: 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.
Denizler
Largest movements
- Receivables within one year +€347,044
up €347,044 (+122.9%), from €282,417 to €629,461
of which Trade receivables: +€337,183
- Cash -€130,843
down €130,843 (-97.5%), from €134,258 to €3,415
mainly Receivables within one year (-€347,044) and Deferred charges and accrued income (-€434)
- Trade debts +€128,028
up €128,028 (+64.6%), from €198,119 to €326,148
- Profit (loss) carried forward +€73,424
up €73,424 (+63.2%), from €116,165 to €189,589
- Tax, wage and social debts +€15,183
up €15,183 (+32.7%), from €46,364 to €61,547
of which Taxes: +€8,177
- Gross operating margin +€38,360
up €38,360 (+28.9%), from €132,765 to €171,124
- Taxes +€11,760
up €11,760 (+70.4%), from €16,694 to €28,454
- Financial income +€7,844
up €7,844 (+184552.9%), from €4 to €7,848
- Staff costs +€6,743
up €6,743 (+12.3%), from €54,725 to €61,468
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 | €429,248 | €645,883 | +€216,635 | +50.5% |
| Fixed assets | 21/28 | €9,405 | €9,405 | = | 0.0% |
| Financial fixed assets | 28 | €9,405 | €9,405 | = | 0.0% |
| Current assets | 29/58 | €419,843 | €636,478 | +€216,635 | +51.6% |
| Amounts receivable within one year | 40/41 | €282,417 | €629,461 | +€347,044 | +122.9% |
| Trade receivables | 40 | €282,271 | €619,455 | +€337,183 | +119.5% |
| Other amounts receivable | 41 | €145 | €10,006 | +€9,861 | +6789.5% |
| Cash at bank and in hand | 54/58 | €134,258 | €3,415 | -€130,843 | -97.5% |
| Deferred charges and accrued income | 490/1 | €3,168 | €3,602 | +€434 | +13.7% |
| Total equity and liabilities | 10/49 | €429,248 | €645,883 | +€216,635 | +50.5% |
| Equity | 10/15 | €184,765 | €258,189 | +€73,424 | +39.7% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,165 | €189,589 | +€73,424 | +63.2% |
| Amounts payable | 17/49 | €244,483 | €387,694 | +€143,211 | +58.6% |
| Amounts payable within one year | 42/48 | €244,483 | €387,694 | +€143,211 | +58.6% |
| Trade debts | 44 | €198,119 | €326,148 | +€128,028 | +64.6% |
| Suppliers | 440/4 | €198,119 | €326,148 | +€128,028 | +64.6% |
| Taxes, remuneration and social security | 45 | €46,364 | €61,547 | +€15,183 | +32.7% |
| Taxes | 450/3 | €41,205 | €49,383 | +€8,177 | +19.8% |
| Remuneration and social security | 454/9 | €5,159 | €12,164 | +€7,005 | +135.8% |
| Remuneration, social security and pensions | 62 | €54,725 | €61,468 | +€6,743 | +12.3% |
| Other operating charges | 640/8 | €15,570 | €15,086 | -€484 | -3.1% |
| Gross operating margin | 9900 | €132,765 | €171,124 | +€38,360 | +28.9% |
| Operating profit (loss) | 9901 | €62,469 | €94,570 | +€32,101 | +51.4% |
| Financial income | 75/76B | €4 | €7,848 | +€7,844 | +184552.9% |
| Recurring financial income | 75 | €4 | €7,848 | +€7,844 | +184552.9% |
| Financial charges | 65/66B | €1,188 | €540 | -€648 | -54.5% |
| Recurring financial charges | 65 | €1,188 | €540 | -€648 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | €61,285 | €101,878 | +€40,593 | +66.2% |
| Income taxes | 67/77 | €16,694 | €28,454 | +€11,760 | +70.4% |
| Profit (loss) for the period | 9904 | €44,591 | €73,424 | +€28,833 | +64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,591 | €73,424 | +€28,833 | +64.7% |
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 8 October 2026 via checked.be.