DENONVILLE: 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.
What changed
DENONVILLE
NACE 95.312, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€49,054
2024 · €10,276+€38,778
Equity
€517,387
2024 · €480,958+€36,429
Cash
€45,827
2024 · €274,649-€228,822
Balance sheet total
€1.1m
2024 · €1.3m-€172,688
Largest movements
Assets
- Cash -€228,822
down €228,822 (-83.3%), from €274,649 to €45,827
mainly Trade debts (-€169,945) and Receivables within one year (-€105,666)
- Receivables within one year +€105,666
up €105,666 (+27.6%), from €382,830 to €488,496
of which Other amounts receivable: +€98,320
- Tangible fixed assets -€30,280
down €30,280 (-10.5%), from €287,360 to €257,080
Equity and liabilities
- Trade debts -€169,945
down €169,945 (-54.7%), from €310,782 to €140,837
- Debts after one year -€39,701
down €39,701 (-26.3%), from €151,009 to €111,308
- Reserves +€25,260
up €25,260 (+31.4%), from €80,400 to €105,660
of which Tax-exempt reserves: +€25,260
- Other debts -€14,625
down €14,625 (-53.7%), from €27,250 to €12,625
- Current portion of long-term debt +€14,624
up €14,624 (+20.6%), from €71,127 to €85,751
Income statement
- Turnover -€262,862
down €262,862 (-9.0%), from €2.9m to €2.6m
- Purchases and services -€197,844
down €197,844 (-8.7%), from €2.3m to €2.1m
- Gross operating margin -€82,655
down €82,655 (-10.6%), from €782,364 to €699,709
- Staff costs -€59,622
down €59,622 (-10.7%), from €558,403 to €498,781
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.
Result 2024
€10,276
Gross operating margin
-€82,655
Staff costs
+€59,622
Depreciation
+€5,624
Write-downs
+€27,255
Provisions
+€27,045
Other operating charges
+€7,167
Financial income
+€127
Financial charges
+€1,149
Taxes
-€6,556
Result 2025
€49,054
raises the resultlowers the result
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.
From operations
-€130,312
Investment
-€60,808
Financing
-€37,702
Cash 2024
€274,649
From operations (derived)
-€130,312
Net result for the year
+€49,054
Depreciation
+€91,088
Stocks and contracts
+€9,068
Receivables within one year
-€105,666
Deferred charges and accrued income
+€10,184
Trade debts
-€169,945
Tax, wage and social debts
+€1,478
Other debts
-€14,625
Accrued charges and deferred income
-€948
Investment (derived)
-€60,808
Investment in fixed assets (net)
-€60,808
Financing
-€37,702
Debts after one year
-€39,701
Current portion of long-term debt
+€14,624
Contributions, distributions and other
-€12,625
Cash 2025
€45,827
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,296,309 | €1,123,621 | -€172,688 | -13.3% |
| Fixed assets | 21/28 | €288,610 | €258,330 | -€30,280 | -10.5% |
| Tangible fixed assets | 22/27 | €287,360 | €257,080 | -€30,280 | -10.5% |
| Land and buildings | 22 | €108,444 | €96,464 | -€11,980 | -11.0% |
| Plant, machinery and equipment | 23 | €30,238 | €24,895 | -€5,343 | -17.7% |
| Furniture and vehicles | 24 | €85,317 | €86,184 | +€867 | +1.0% |
| Leasing and similar rights | 25 | €63,361 | €49,537 | -€13,824 | -21.8% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €1,007,699 | €865,291 | -€142,408 | -14.1% |
| Stocks and contracts in progress | 3 | €329,582 | €320,514 | -€9,068 | -2.8% |
| Stocks | 30/36 | €309,333 | €291,586 | -€17,747 | -5.7% |
| Contracts in progress | 37 | €20,249 | €28,928 | +€8,679 | +42.9% |
| Amounts receivable within one year | 40/41 | €382,830 | €488,496 | +€105,666 | +27.6% |
| Trade receivables | 40 | €377,729 | €385,075 | +€7,346 | +1.9% |
| Other amounts receivable | 41 | €5,101 | €103,421 | +€98,320 | +1,927% |
| Cash at bank and in hand | 54/58 | €274,649 | €45,827 | -€228,822 | -83.3% |
| Deferred charges and accrued income | 490/1 | €20,638 | €10,454 | -€10,184 | -49.3% |
| Total equity and liabilities | 10/49 | €1,296,309 | €1,123,621 | -€172,688 | -13.3% |
| Equity | 10/15 | €480,958 | €517,387 | +€36,429 | +7.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €80,400 | €105,660 | +€25,260 | +31.4% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,400 | €40,660 | +€25,260 | +164% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,558 | €111,727 | +€11,169 | +11.1% |
| Provisions and deferred taxes | 16 | €76,597 | €76,597 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €76,597 | €76,597 | = | 0.0% |
| Major repairs and maintenance | 162 | €49,552 | €49,552 | = | 0.0% |
| Environmental obligations | 163 | €27,045 | €27,045 | = | 0.0% |
| Amounts payable | 17/49 | €738,754 | €529,637 | -€209,117 | -28.3% |
| Amounts payable after more than one year | 17 | €151,009 | €111,308 | -€39,701 | -26.3% |
| Financial debts | 170/4 | €151,009 | €111,308 | -€39,701 | -26.3% |
| Amounts payable within one year | 42/48 | €586,797 | €418,329 | -€168,468 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €71,127 | €85,751 | +€14,624 | +20.6% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €310,782 | €140,837 | -€169,945 | -54.7% |
| Suppliers | 440/4 | €310,782 | €140,837 | -€169,945 | -54.7% |
| Taxes, remuneration and social security | 45 | €52,638 | €54,116 | +€1,478 | +2.8% |
| Taxes | 450/3 | €14,619 | €15,745 | +€1,126 | +7.7% |
| Remuneration and social security | 454/9 | €38,019 | €38,371 | +€352 | +0.9% |
| Other amounts payable | 47/48 | €27,250 | €12,625 | -€14,625 | -53.7% |
| Accrued charges and deferred income | 492/3 | €948 | - | -€948 | |
| Turnover | 70 | €2,910,908 | €2,648,046 | -€262,862 | -9.0% |
| Non-recurring operating income | 76A | - | €8,952 | +€8,952 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,268,101 | €2,070,257 | -€197,844 | -8.7% |
| Remuneration, social security and pensions | 62 | €558,403 | €498,781 | -€59,622 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,712 | €91,088 | -€5,624 | -5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,255 | - | -€27,255 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €27,045 | - | -€27,045 | |
| Other operating charges | 640/8 | €22,883 | €15,716 | -€7,167 | -31.3% |
| Gross operating margin | 9900 | €782,364 | €699,709 | -€82,655 | -10.6% |
| Operating profit (loss) | 9901 | €50,066 | €94,124 | +€44,058 | +88.0% |
| Financial income | 75/76B | €241 | €368 | +€127 | +52.7% |
| Recurring financial income | 75 | €241 | €368 | +€127 | +52.7% |
| Financial charges | 65/66B | €16,961 | €15,812 | -€1,149 | -6.8% |
| Recurring financial charges | 65 | €16,961 | €15,812 | -€1,149 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €33,346 | €78,680 | +€45,334 | +136% |
| Income taxes | 67/77 | €23,070 | €29,626 | +€6,556 | +28.4% |
| Profit (loss) for the period | 9904 | €10,276 | €49,054 | +€38,778 | +377% |
| Transfer from tax-exempt reserves | 789 | €17,855 | - | -€17,855 | |
| Transfer to tax-exempt reserves | 689 | - | €25,260 | +€25,260 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,131 | €23,794 | -€4,337 | -15.4% |
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 27 October 2026 via checked.be.