DENRAF CONSTRUCT: 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.
DENRAF CONSTRUCT
Largest movements
- Receivables within one year -€88,120
down €88,120 (-85.8%), from €102,656 to €14,536
of which Trade receivables: -€102,656
- Other debts -€91,595
no longer reported in 2024 (was €91,595)
- Profit (loss) carried forward +€8,520
up €8,520 (+28.1%), from €30,341 to €38,861
- Tax, wage and social debts -€5,045
no longer reported in 2024 (was €5,045)
- Gross operating margin -€47,614
down €47,614 (-84.8%), from €56,134 to €8,520
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,081 | €39,961 | -€88,120 | -68.8% |
| Current assets | 29/58 | €128,081 | €39,961 | -€88,120 | -68.8% |
| Amounts receivable within one year | 40/41 | €102,656 | €14,536 | -€88,120 | -85.8% |
| Trade receivables | 40 | €102,656 | - | -€102,656 | |
| Other amounts receivable | 41 | - | €14,536 | +€14,536 | |
| Cash at bank and in hand | 54/58 | €25,425 | €25,425 | = | 0.0% |
| Total equity and liabilities | 10/49 | €128,081 | €39,961 | -€88,120 | -68.8% |
| Equity | 10/15 | €31,441 | €39,961 | +€8,520 | +27.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,341 | €38,861 | +€8,520 | +28.1% |
| Amounts payable | 17/49 | €96,640 | - | -€96,640 | |
| Amounts payable within one year | 42/48 | €96,640 | - | -€96,640 | |
| Taxes, remuneration and social security | 45 | €5,045 | - | -€5,045 | |
| Remuneration and social security | 454/9 | €5,045 | - | -€5,045 | |
| Other amounts payable | 47/48 | €91,595 | - | -€91,595 | |
| Other operating charges | 640/8 | €258 | - | -€258 | |
| Gross operating margin | 9900 | €56,134 | €8,520 | -€47,614 | -84.8% |
| Operating profit (loss) | 9901 | €55,876 | €8,520 | -€47,356 | -84.8% |
| Financial charges | 65/66B | €76 | - | -€76 | |
| Recurring financial charges | 65 | €76 | - | -€76 | |
| Profit (loss) for the period before taxes | 9903 | €55,800 | €8,520 | -€47,280 | -84.7% |
| Income taxes | 67/77 | €550 | - | -€550 | |
| Profit (loss) for the period | 9904 | €55,250 | €8,520 | -€46,730 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,250 | €8,520 | -€46,730 | -84.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.