Densa Food: what changed
Densa Food
Largest movements
- Receivables within one year +€181,085
up €181,085 (+513%), from €35,323 to €216,407
of which Other amounts receivable: +€183,512
- Tangible fixed assets +€139,693
up €139,693 (+451%), from €30,952 to €170,645
of which Furniture and vehicles: +€135,881
- Cash -€56,919
down €56,919 (-55.0%), from €103,569 to €46,650
mainly Receivables within one year (-€181,085) and Investment in fixed assets (net) (-€171,648)
- Profit (loss) carried forward +€80,869
up €80,869 (+83.5%), from €96,881 to €177,750
- Debts after one year +€71,096
new in 2025: €71,096
- Accrued charges and deferred income +€50,000
new in 2025: €50,000
- Tax, wage and social debts +€42,860
up €42,860 (+137%), from €31,335 to €74,195
of which Taxes: +€26,020
- Current portion of long-term debt +€19,098
new in 2025: €19,098
- Gross operating margin +€122,417
up €122,417 (+70.3%), from €174,103 to €296,520
- Staff costs +€54,172
up €54,172 (+62.7%), from €86,411 to €140,583
- Depreciation +€27,622
up €27,622 (+499%), from €5,533 to €33,155
- Taxes +€7,746
up €7,746 (+35.2%), from €22,012 to €29,758
- Other operating charges +€7,102
up €7,102 (+308%), from €2,306 to €9,408
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,779 | €436,437 | +€262,658 | +151% |
| Fixed assets | 21/28 | €34,887 | €173,380 | +€138,493 | +397% |
| Intangible fixed assets | 21 | €3,935 | €2,735 | -€1,200 | -30.5% |
| Tangible fixed assets | 22/27 | €30,952 | €170,645 | +€139,693 | +451% |
| Plant, machinery and equipment | 23 | €17,436 | €21,248 | +€3,812 | +21.9% |
| Furniture and vehicles | 24 | €13,516 | €149,396 | +€135,881 | +1,005% |
| Current assets | 29/58 | €138,892 | €263,058 | +€124,165 | +89.4% |
| Amounts receivable within one year | 40/41 | €35,323 | €216,407 | +€181,085 | +513% |
| Trade receivables | 40 | €21,297 | €18,870 | -€2,427 | -11.4% |
| Other amounts receivable | 41 | €14,026 | €197,537 | +€183,512 | +1,308% |
| Cash at bank and in hand | 54/58 | €103,569 | €46,650 | -€56,919 | -55.0% |
| Total equity and liabilities | 10/49 | €173,779 | €436,437 | +€262,658 | +151% |
| Equity | 10/15 | €100,881 | €181,750 | +€80,869 | +80.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,881 | €177,750 | +€80,869 | +83.5% |
| Amounts payable | 17/49 | €72,898 | €254,687 | +€181,789 | +249% |
| Amounts payable after more than one year | 17 | - | €71,096 | +€71,096 | |
| Financial debts | 170/4 | - | €71,096 | +€71,096 | |
| Amounts payable within one year | 42/48 | €72,898 | €133,591 | +€60,693 | +83.3% |
| Current portion of amounts payable after more than one year | 42 | - | €19,098 | +€19,098 | |
| Trade debts | 44 | €41,234 | €39,968 | -€1,266 | -3.1% |
| Suppliers | 440/4 | €41,234 | €39,968 | -€1,266 | -3.1% |
| Advances received on contracts in progress | 46 | €329 | €329 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €31,335 | €74,195 | +€42,860 | +137% |
| Taxes | 450/3 | €25,855 | €51,875 | +€26,020 | +101% |
| Remuneration and social security | 454/9 | €5,480 | €22,320 | +€16,841 | +307% |
| Accrued charges and deferred income | 492/3 | - | €50,000 | +€50,000 | |
| Remuneration, social security and pensions | 62 | €86,411 | €140,583 | +€54,172 | +62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,533 | €33,155 | +€27,622 | +499% |
| Other operating charges | 640/8 | €2,306 | €9,408 | +€7,102 | +308% |
| Gross operating margin | 9900 | €174,103 | €296,520 | +€122,417 | +70.3% |
| Operating profit (loss) | 9901 | €79,853 | €113,374 | +€33,521 | +42.0% |
| Financial income | 75/76B | €0 | €154 | +€154 | +514,367% |
| Recurring financial income | 75 | €0 | €154 | +€154 | +514,367% |
| Financial charges | 65/66B | €98 | €2,902 | +€2,804 | +2,869% |
| Recurring financial charges | 65 | €98 | €2,902 | +€2,804 | +2,869% |
| Profit (loss) for the period before taxes | 9903 | €79,755 | €110,627 | +€30,871 | +38.7% |
| Income taxes | 67/77 | €22,012 | €29,758 | +€7,746 | +35.2% |
| Profit (loss) for the period | 9904 | €57,743 | €80,869 | +€23,126 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,743 | €80,869 | +€23,126 | +40.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.