Densario: 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.
Densario
Largest movements
- Receivables within one year -€3,914
down €3,914 (-13.9%), from €28,137 to €24,223
of which Trade receivables: -€4,176
- Financial fixed assets +€576
up €576 (+76.9%), from €750 to €1,326
- Reserves -€3,432
down €3,432 (-95.0%), from €3,614 to €182
of which Distributable reserves: -€3,432
- Trade debts +€348
up €348 (+62.6%), from €556 to €904
- Gross operating margin -€128
down €128 (-3.8%), from -€3,387 to -€3,514
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 | €28,888 | €25,550 | -€3,339 | -11.6% |
| Fixed assets | 21/28 | €750 | €1,326 | +€576 | +76.9% |
| Financial fixed assets | 28 | €750 | €1,326 | +€576 | +76.9% |
| Current assets | 29/58 | €28,139 | €24,224 | -€3,915 | -13.9% |
| Amounts receivable within one year | 40/41 | €28,137 | €24,223 | -€3,914 | -13.9% |
| Trade receivables | 40 | €26,529 | €22,352 | -€4,176 | -15.7% |
| Other amounts receivable | 41 | €1,609 | €1,871 | +€262 | +16.3% |
| Cash at bank and in hand | 54/58 | €1 | €1 | -€1 | -60.6% |
| Total equity and liabilities | 10/49 | €28,888 | €25,550 | -€3,339 | -11.6% |
| Equity | 10/15 | €9,814 | €6,107 | -€3,706 | -37.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,614 | €182 | -€3,432 | -95.0% |
| Non-distributable reserves | 130/1 | €182 | €182 | = | 0.0% |
| Reserves not available under the articles | 1311 | €182 | €182 | = | 0.0% |
| Distributable reserves | 133 | €3,432 | - | -€3,432 | |
| Profit (loss) carried forward | 14 | - | -€274 | -€274 | |
| Amounts payable | 17/49 | €19,075 | €19,443 | +€368 | +1.9% |
| Amounts payable within one year | 42/48 | €19,075 | €19,443 | +€368 | +1.9% |
| Trade debts | 44 | €556 | €904 | +€348 | +62.6% |
| Suppliers | 440/4 | €556 | €904 | +€348 | +62.6% |
| Other amounts payable | 47/48 | €18,519 | €18,539 | +€20 | +0.1% |
| Gross operating margin | 9900 | -€3,387 | -€3,514 | -€128 | -3.8% |
| Operating profit (loss) | 9901 | -€3,387 | -€3,514 | -€128 | -3.8% |
| Financial charges | 65/66B | €161 | €192 | +€31 | +19.1% |
| Recurring financial charges | 65 | €161 | €192 | +€31 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,548 | -€3,706 | -€159 | -4.5% |
| Profit (loss) for the period | 9904 | -€3,548 | -€3,706 | -€159 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,548 | -€3,706 | -€159 | -4.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.