DenMar Consult: 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.
DenMar Consult
Largest movements
- Receivables within one year +€17,657
up €17,657 (+3,282%), from €538 to €18,195
of which Other amounts receivable: +€12,198
- Cash +€4,421
up €4,421 (+20.3%), from €21,790 to €26,211
mainly Net result for the year (+€16,013) and Current portion of long-term debt (+€10,047)
- Tangible fixed assets +€2,977
up €2,977 (+58.2%), from €5,114 to €8,091
of which Furniture and vehicles: +€3,257
- Profit (loss) carried forward +€16,013
up €16,013 (+99.8%), from €16,052 to €32,065
- Current portion of long-term debt +€10,047
up €10,047 (+565%), from €1,779 to €11,826
- Debts after one year -€1,826
down €1,826 (-40.6%), from €4,497 to €2,671
- Trade debts +€1,346
up €1,346 (+248%), from €542 to €1,888
- Tax, wage and social debts -€798
down €798 (-8.2%), from €9,788 to €8,990
- Gross operating margin +€1,961
up €1,961 (+8.3%), from €23,747 to €25,708
- Depreciation +€1,110
up €1,110 (+100%), from €1,107 to €2,217
- Financial charges +€601
up €601 (+240%), from €250 to €851
- Taxes +€541
up €541 (+10.5%), from €5,149 to €5,690
- Other operating charges +€446
up €446 (+54.5%), from €818 to €1,264
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 | €35,475 | €59,940 | +€24,465 | +69.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €5,114 | €8,091 | +€2,977 | +58.2% |
| Tangible fixed assets | 22/27 | €5,114 | €8,091 | +€2,977 | +58.2% |
| Furniture and vehicles | 24 | €2,449 | €5,706 | +€3,257 | +133% |
| Other tangible fixed assets | 26 | €2,666 | €2,385 | -€281 | -10.5% |
| Current assets | 29/58 | €30,361 | €51,849 | +€21,488 | +70.8% |
| Amounts receivable within one year | 40/41 | €538 | €18,195 | +€17,657 | +3,282% |
| Trade receivables | 40 | €538 | €5,997 | +€5,459 | +1,015% |
| Other amounts receivable | 41 | - | €12,198 | +€12,198 | |
| Cash at bank and in hand | 54/58 | €21,790 | €26,211 | +€4,421 | +20.3% |
| Deferred charges and accrued income | 490/1 | €8,033 | €7,443 | -€589 | -7.3% |
| Total equity and liabilities | 10/49 | €35,475 | €59,940 | +€24,465 | +69.0% |
| Equity | 10/15 | €18,552 | €34,565 | +€16,013 | +86.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,052 | €32,065 | +€16,013 | +99.8% |
| Amounts payable | 17/49 | €16,924 | €25,376 | +€8,452 | +49.9% |
| Amounts payable after more than one year | 17 | €4,497 | €2,671 | -€1,826 | -40.6% |
| Financial debts | 170/4 | €4,497 | €2,671 | -€1,826 | -40.6% |
| Amounts payable within one year | 42/48 | €12,136 | €22,705 | +€10,568 | +87.1% |
| Current portion of amounts payable after more than one year | 42 | €1,779 | €11,826 | +€10,047 | +565% |
| Trade debts | 44 | €542 | €1,888 | +€1,346 | +248% |
| Suppliers | 440/4 | €542 | €1,888 | +€1,346 | +248% |
| Taxes, remuneration and social security | 45 | €9,788 | €8,990 | -€798 | -8.2% |
| Taxes | 450/3 | €9,788 | €8,990 | -€798 | -8.2% |
| Other amounts payable | 47/48 | €27 | €0 | -€27 | -100% |
| Accrued charges and deferred income | 492/3 | €290 | €0 | -€290 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,107 | €2,217 | +€1,110 | +100% |
| Other operating charges | 640/8 | €818 | €1,264 | +€446 | +54.5% |
| Gross operating margin | 9900 | €23,747 | €25,708 | +€1,961 | +8.3% |
| Operating profit (loss) | 9901 | €21,822 | €22,227 | +€405 | +1.9% |
| Financial income | 75/76B | €8 | €328 | +€319 | +3,920% |
| Recurring financial income | 75 | €8 | €328 | +€319 | +3,920% |
| Financial charges | 65/66B | €250 | €851 | +€601 | +240% |
| Recurring financial charges | 65 | €250 | €851 | +€601 | +240% |
| Profit (loss) for the period before taxes | 9903 | €21,580 | €21,703 | +€123 | +0.6% |
| Income taxes | 67/77 | €5,149 | €5,690 | +€541 | +10.5% |
| Profit (loss) for the period | 9904 | €16,431 | €16,013 | -€418 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,431 | €16,013 | -€418 | -2.5% |
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.