DENT-AR: 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.
DENT-AR
Largest movements
- Tangible fixed assets -€9,008
down €9,008 (-14.0%), from €64,390 to €55,382
of which Plant, machinery and equipment: -€7,449
- Current investments +€6,582
up €6,582 (+51.0%), from €12,895 to €19,477
- Cash -€6,035
down €6,035 (-84.2%), from €7,166 to €1,131
mainly Debts after one year (-€18,664) and Other debts (-€9,959)
- Debts after one year -€18,664
down €18,664 (-74.8%), from €24,942 to €6,278
- Profit (loss) carried forward +€15,668
up €15,668, from -€745 to €14,923
- Other debts -€9,959
down €9,959 (-29.5%), from €33,747 to €23,788
- Short-term financial debts +€8,654
new in 2025: €8,654
- Trade debts -€4,486
down €4,486 (-52.2%), from €8,598 to €4,112
of which Suppliers: -€4,651
- Turnover -€33,547
down €33,547 (-14.3%), from €235,018 to €201,470
- Purchases and services -€25,900
down €25,900 (-14.6%), from €177,317 to €151,417
- Staff costs -€18,764
down €18,764 (-61.2%), from €30,671 to €11,907
- Depreciation -€4,734
down €4,734 (-26.3%), from €18,032 to €13,298
- Taxes +€2,433
up €2,433 (+64.9%), from €3,751 to €6,184
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 | €85,108 | €75,990 | -€9,118 | -10.7% |
| Fixed assets | 21/28 | €64,390 | €55,382 | -€9,008 | -14.0% |
| Tangible fixed assets | 22/27 | €64,390 | €55,382 | -€9,008 | -14.0% |
| Land and buildings | 22 | €16,296 | €14,621 | -€1,675 | -10.3% |
| Plant, machinery and equipment | 23 | €39,336 | €31,887 | -€7,449 | -18.9% |
| Furniture and vehicles | 24 | €8,758 | €8,873 | +€116 | +1.3% |
| Current assets | 29/58 | €20,718 | €20,609 | -€109 | -0.5% |
| Amounts receivable within one year | 40/41 | €656 | - | -€656 | |
| Trade receivables | 40 | €656 | - | -€656 | |
| Current investments | 50/53 | €12,895 | €19,477 | +€6,582 | +51.0% |
| Cash at bank and in hand | 54/58 | €7,166 | €1,131 | -€6,035 | -84.2% |
| Total equity and liabilities | 10/49 | €85,108 | €75,990 | -€9,118 | -10.7% |
| Equity | 10/15 | €2,192 | €17,860 | +€15,668 | +714.8% |
| Contributions | 10/11 | €2,670 | €2,670 | = | 0.0% |
| Capital | 10 | €2,670 | €2,670 | = | 0.0% |
| Issued capital | 100 | €2,670 | €2,670 | = | 0.0% |
| Reserves | 13 | €267 | €267 | = | 0.0% |
| Non-distributable reserves | 130/1 | €267 | €267 | = | 0.0% |
| Legal reserve | 130 | €267 | €267 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€745 | €14,923 | +€15,668 | |
| Amounts payable | 17/49 | €82,916 | €58,131 | -€24,785 | -29.9% |
| Amounts payable after more than one year | 17 | €24,942 | €6,278 | -€18,664 | -74.8% |
| Financial debts | 170/4 | €24,942 | €6,278 | -€18,664 | -74.8% |
| Amounts payable within one year | 42/48 | €57,974 | €51,853 | -€6,121 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | - | €840 | +€840 | |
| Financial debts | 43 | - | €8,654 | +€8,654 | |
| Credit institutions | 430/8 | - | €8,654 | +€8,654 | |
| Trade debts | 44 | €8,598 | €4,112 | -€4,486 | -52.2% |
| Suppliers | 440/4 | €8,598 | €3,947 | -€4,651 | -54.1% |
| Bills of exchange payable | 441 | - | €165 | +€165 | |
| Advances received on contracts in progress | 46 | €2,640 | - | -€2,640 | |
| Taxes, remuneration and social security | 45 | €12,988 | €14,459 | +€1,470 | +11.3% |
| Taxes | 450/3 | €1,956 | €5,605 | +€3,650 | +186.6% |
| Remuneration and social security | 454/9 | €11,032 | €8,853 | -€2,179 | -19.8% |
| Other amounts payable | 47/48 | €33,747 | €23,788 | -€9,959 | -29.5% |
| Turnover | 70 | €235,018 | €201,470 | -€33,547 | -14.3% |
| Non-recurring operating income | 76A | €3,985 | €3,106 | -€879 | -22.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €177,317 | €151,417 | -€25,900 | -14.6% |
| Remuneration, social security and pensions | 62 | €30,671 | €11,907 | -€18,764 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,032 | €13,298 | -€4,734 | -26.3% |
| Other operating charges | 640/8 | €435 | €2,651 | +€2,215 | +508.8% |
| Gross operating margin | 9900 | €55,585 | €53,163 | -€2,422 | -4.4% |
| Operating profit (loss) | 9901 | €6,446 | €25,307 | +€18,861 | +292.6% |
| Financial income | 75/76B | €69 | €44 | -€25 | -36.6% |
| Recurring financial income | 75 | €65 | €44 | -€21 | -32.4% |
| Non-recurring financial income | 76B | €4 | - | -€4 | |
| Financial charges | 65/66B | €2,292 | €3,499 | +€1,207 | +52.7% |
| Recurring financial charges | 65 | €2,292 | €3,499 | +€1,207 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €4,224 | €21,852 | +€17,628 | +417.4% |
| Income taxes | 67/77 | €3,751 | €6,184 | +€2,433 | +64.9% |
| Profit (loss) for the period | 9904 | €473 | €15,668 | +€15,195 | +3215.4% |
| Profit (loss) for the period to be appropriated | 9905 | €473 | €15,668 | +€15,195 | +3215.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.