DENOSTONE: 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.
DENOSTONE
Largest movements
- Cash +€18,720
up €18,720 (+31.6%), from €59,269 to €77,989
mainly Other debts (+€19,312) and Depreciation (+€14,501)
- Tangible fixed assets -€14,501
down €14,501 (-30.9%), from €46,942 to €32,441
of which Furniture and vehicles: -€8,769
- Receivables within one year +€5,652
up €5,652 (+30.1%), from €18,805 to €24,457
of which Trade receivables: +€6,174
- Other debts +€19,312
up €19,312 (+132.1%), from €14,621 to €33,932
- Reserves -€9,478
down €9,478 (-15.5%), from €61,332 to €51,854
- Debts after one year -€7,928
down €7,928 (-29.7%), from €26,725 to €18,798
- Trade debts +€4,092
up €4,092 (+532.8%), from €768 to €4,860
- Current portion of long-term debt +€1,918
up €1,918 (+25.0%), from €7,677 to €9,594
- Depreciation +€4,935
up €4,935 (+51.6%), from €9,566 to €14,501
- Gross operating margin +€3,612
up €3,612 (+15.2%), from €23,761 to €27,373
- Taxes +€619
up €619 (+20.8%), from €2,981 to €3,599
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 | €126,181 | €135,816 | +€9,635 | +7.6% |
| Fixed assets | 21/28 | €46,942 | €32,441 | -€14,501 | -30.9% |
| Tangible fixed assets | 22/27 | €46,942 | €32,441 | -€14,501 | -30.9% |
| Plant, machinery and equipment | 23 | €6,932 | €1,200 | -€5,733 | -82.7% |
| Furniture and vehicles | 24 | €40,009 | €31,241 | -€8,769 | -21.9% |
| Current assets | 29/58 | €79,239 | €103,375 | +€24,136 | +30.5% |
| Amounts receivable within one year | 40/41 | €18,805 | €24,457 | +€5,652 | +30.1% |
| Trade receivables | 40 | €14,817 | €20,990 | +€6,174 | +41.7% |
| Other amounts receivable | 41 | €3,989 | €3,467 | -€522 | -13.1% |
| Cash at bank and in hand | 54/58 | €59,269 | €77,989 | +€18,720 | +31.6% |
| Deferred charges and accrued income | 490/1 | €1,165 | €929 | -€236 | -20.3% |
| Total equity and liabilities | 10/49 | €126,181 | €135,816 | +€9,635 | +7.6% |
| Equity | 10/15 | €76,332 | €66,854 | -€9,478 | -12.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €61,332 | €51,854 | -€9,478 | -15.5% |
| Distributable reserves | 133 | €61,332 | €51,854 | -€9,478 | -15.5% |
| Amounts payable | 17/49 | €49,849 | €68,962 | +€19,113 | +38.3% |
| Amounts payable after more than one year | 17 | €26,725 | €18,798 | -€7,928 | -29.7% |
| Financial debts | 170/4 | €26,725 | €18,798 | -€7,928 | -29.7% |
| Amounts payable within one year | 42/48 | €23,066 | €49,257 | +€26,191 | +113.6% |
| Current portion of amounts payable after more than one year | 42 | €7,677 | €9,594 | +€1,918 | +25.0% |
| Trade debts | 44 | €768 | €4,860 | +€4,092 | +532.8% |
| Suppliers | 440/4 | €768 | €4,860 | +€4,092 | +532.8% |
| Taxes, remuneration and social security | 45 | - | €870 | +€870 | |
| Taxes | 450/3 | - | €870 | +€870 | |
| Other amounts payable | 47/48 | €14,621 | €33,932 | +€19,312 | +132.1% |
| Accrued charges and deferred income | 492/3 | €58 | €907 | +€849 | +1468.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,566 | €14,501 | +€4,935 | +51.6% |
| Other operating charges | 640/8 | €226 | €229 | +€4 | +1.6% |
| Gross operating margin | 9900 | €23,761 | €27,373 | +€3,612 | +15.2% |
| Operating profit (loss) | 9901 | €13,969 | €12,643 | -€1,327 | -9.5% |
| Financial income | 75/76B | €2 | €10 | +€8 | +407.4% |
| Recurring financial income | 75 | €2 | €10 | +€8 | +407.4% |
| Financial charges | 65/66B | €1,370 | €1,132 | -€238 | -17.3% |
| Recurring financial charges | 65 | €1,370 | €1,132 | -€238 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €12,602 | €11,521 | -€1,081 | -8.6% |
| Income taxes | 67/77 | €2,981 | €3,599 | +€619 | +20.8% |
| Profit (loss) for the period | 9904 | €9,621 | €7,922 | -€1,699 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,621 | €7,922 | -€1,699 | -17.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.