DENSIMMO: 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.
DENSIMMO
Largest movements
- Current investments -€150,012
down €150,012 (-95.3%), from €157,447 to €7,436
- Tangible fixed assets +€86,760
up €86,760 (+20.5%), from €422,476 to €509,236
of which Furniture and vehicles: +€51,316
- Cash +€41,761
up €41,761 (+37.4%), from €111,528 to €153,289
mainly Current investments (+€150,012) and Depreciation (+€43,489)
- Receivables within one year +€33,582
up €33,582 (+253.7%), from €13,239 to €46,821
of which Other amounts receivable: +€27,953
- Debts after one year +€24,938
new in 2025: €24,938
- Other debts -€16,609
down €16,609 (-63.8%), from €26,017 to €9,408
- Reserves -€16,364
down €16,364 (-2.9%), from €571,121 to €554,757
- Current portion of long-term debt +€12,486
new in 2025: €12,486
- Gross operating margin -€58,365
down €58,365 (-29.0%), from €200,995 to €142,630
- Taxes -€30,421
down €30,421 (-64.3%), from €47,320 to €16,899
- Staff costs +€23,230
up €23,230 (+175.0%), from €13,271 to €36,501
- Financial income -€10,891
down €10,891 (-79.3%), from €13,734 to €2,843
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 | €708,235 | €719,752 | +€11,516 | +1.6% |
| Fixed assets | 21/28 | €425,446 | €512,206 | +€86,760 | +20.4% |
| Tangible fixed assets | 22/27 | €422,476 | €509,236 | +€86,760 | +20.5% |
| Land and buildings | 22 | €314,078 | €312,667 | -€1,411 | -0.4% |
| Plant, machinery and equipment | 23 | €31,197 | €26,133 | -€5,064 | -16.2% |
| Furniture and vehicles | 24 | €77,201 | €128,517 | +€51,316 | +66.5% |
| Other tangible fixed assets | 26 | - | €41,919 | +€41,919 | |
| Financial fixed assets | 28 | €2,970 | €2,970 | = | 0.0% |
| Current assets | 29/58 | €282,789 | €207,546 | -€75,244 | -26.6% |
| Amounts receivable within one year | 40/41 | €13,239 | €46,821 | +€33,582 | +253.7% |
| Trade receivables | 40 | €5,153 | €10,782 | +€5,629 | +109.2% |
| Other amounts receivable | 41 | €8,086 | €36,039 | +€27,953 | +345.7% |
| Current investments | 50/53 | €157,447 | €7,436 | -€150,012 | -95.3% |
| Cash at bank and in hand | 54/58 | €111,528 | €153,289 | +€41,761 | +37.4% |
| Deferred charges and accrued income | 490/1 | €574 | - | -€574 | |
| Total equity and liabilities | 10/49 | €708,235 | €719,752 | +€11,516 | +1.6% |
| Equity | 10/15 | €670,721 | €654,357 | -€16,364 | -2.4% |
| Contributions | 10/11 | €99,600 | €99,600 | = | 0.0% |
| Reserves | 13 | €571,121 | €554,757 | -€16,364 | -2.9% |
| Distributable reserves | 133 | €571,121 | €554,757 | -€16,364 | -2.9% |
| Amounts payable | 17/49 | €37,515 | €65,395 | +€27,880 | +74.3% |
| Amounts payable after more than one year | 17 | - | €24,938 | +€24,938 | |
| Financial debts | 170/4 | - | €24,938 | +€24,938 | |
| Amounts payable within one year | 42/48 | €37,515 | €40,456 | +€2,942 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | - | €12,486 | +€12,486 | |
| Trade debts | 44 | €996 | €4,006 | +€3,010 | +302.0% |
| Suppliers | 440/4 | €996 | €4,006 | +€3,010 | +302.0% |
| Taxes, remuneration and social security | 45 | €10,501 | €14,556 | +€4,055 | +38.6% |
| Taxes | 450/3 | €10,501 | €14,556 | +€4,055 | +38.6% |
| Other amounts payable | 47/48 | €26,017 | €9,408 | -€16,609 | -63.8% |
| Remuneration, social security and pensions | 62 | €13,271 | €36,501 | +€23,230 | +175.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,719 | €43,489 | +€1,770 | +4.2% |
| Other operating charges | 640/8 | €7,060 | €7,549 | +€489 | +6.9% |
| Gross operating margin | 9900 | €200,995 | €142,630 | -€58,365 | -29.0% |
| Operating profit (loss) | 9901 | €138,945 | €55,091 | -€83,854 | -60.4% |
| Financial income | 75/76B | €13,734 | €2,843 | -€10,891 | -79.3% |
| Recurring financial income | 75 | €13,734 | €2,843 | -€10,891 | -79.3% |
| Financial charges | 65/66B | €1,582 | €1,047 | -€535 | -33.8% |
| Recurring financial charges | 65 | €1,582 | €1,047 | -€535 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €151,098 | €56,887 | -€94,210 | -62.4% |
| Income taxes | 67/77 | €47,320 | €16,899 | -€30,421 | -64.3% |
| Profit (loss) for the period | 9904 | €103,778 | €39,988 | -€63,790 | -61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €103,778 | €39,988 | -€63,790 | -61.5% |
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 30 September 2026 via checked.be.