DENT'ART STERVINOU: what changed
Two financial 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'ART STERVINOU
Largest movements
- Cash +€38,391
up €38,391 (+51.0%), from €75,302 to €113,694
mainly Net result for the year (+€44,860) and Depreciation (+€28,795)
- Intangible fixed assets -€16,000
down €16,000 (-19.7%), from €81,333 to €65,333
- Tangible fixed assets -€12,795
down €12,795 (-77.3%), from €16,563 to €3,768
- Deferred charges and accrued income +€6,320
up €6,320 (+71.7%), from €8,818 to €15,138
- Profit (loss) carried forward +€41,027
up €41,027 (+56.9%), from €72,085 to €113,112
- Other debts -€24,164
down €24,164 (-68.2%), from €35,429 to €11,266
- Debts after one year -€15,127
down €15,127 (-35.1%), from €43,091 to €27,964
- Tax, wage and social debts +€13,814
up €13,814 (+102%), from €13,593 to €27,407
of which Taxes: +€13,473
- Gross operating margin -€1,161
down €1,161 (-1.3%), from €88,850 to €87,688
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.
Derived cash bridge
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 | €182,081 | €197,933 | +€15,852 | +8.7% |
| Fixed assets | 21/28 | €97,897 | €69,101 | -€28,795 | -29.4% |
| Intangible fixed assets | 21 | €81,333 | €65,333 | -€16,000 | -19.7% |
| Tangible fixed assets | 22/27 | €16,563 | €3,768 | -€12,795 | -77.3% |
| Furniture and vehicles | 24 | €16,563 | €3,768 | -€12,795 | -77.3% |
| Current assets | 29/58 | €84,185 | €128,832 | +€44,647 | +53.0% |
| Amounts receivable within one year | 40/41 | €65 | €0 | -€65 | -100% |
| Trade receivables | 40 | €65 | €0 | -€65 | -100% |
| Cash at bank and in hand | 54/58 | €75,302 | €113,694 | +€38,391 | +51.0% |
| Deferred charges and accrued income | 490/1 | €8,818 | €15,138 | +€6,320 | +71.7% |
| Total equity and liabilities | 10/49 | €182,081 | €197,933 | +€15,852 | +8.7% |
| Equity | 10/15 | €75,085 | €116,112 | +€41,027 | +54.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,085 | €113,112 | +€41,027 | +56.9% |
| Amounts payable | 17/49 | €106,996 | €81,821 | -€25,175 | -23.5% |
| Amounts payable after more than one year | 17 | €43,091 | €27,964 | -€15,127 | -35.1% |
| Financial debts | 170/4 | €43,091 | €27,964 | -€15,127 | -35.1% |
| Amounts payable within one year | 42/48 | €63,905 | €53,857 | -€10,048 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €14,537 | €15,127 | +€590 | +4.1% |
| Trade debts | 44 | €345 | €57 | -€288 | -83.5% |
| Suppliers | 440/4 | €345 | €57 | -€288 | -83.5% |
| Taxes, remuneration and social security | 45 | €13,593 | €27,407 | +€13,814 | +102% |
| Taxes | 450/3 | €11,776 | €25,249 | +€13,473 | +114% |
| Remuneration and social security | 454/9 | €1,817 | €2,158 | +€341 | +18.8% |
| Other amounts payable | 47/48 | €35,429 | €11,266 | -€24,164 | -68.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,379 | €28,795 | +€416 | +1.5% |
| Other operating charges | 640/8 | €733 | €1,070 | +€337 | +45.9% |
| Non-recurring operating charges | 66A | €1,145 | €0 | -€1,145 | -100% |
| Gross operating margin | 9900 | €88,850 | €87,688 | -€1,161 | -1.3% |
| Operating profit (loss) | 9901 | €58,592 | €57,823 | -€770 | -1.3% |
| Financial income | 75/76B | €212 | €451 | +€239 | +113% |
| Recurring financial income | 75 | €212 | €451 | +€239 | +113% |
| Financial charges | 65/66B | €2,776 | €2,205 | -€570 | -20.5% |
| Recurring financial charges | 65 | €2,776 | €2,205 | -€570 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €56,028 | €56,068 | +€40 | +0.1% |
| Income taxes | 67/77 | €11,680 | €11,208 | -€472 | -4.0% |
| Profit (loss) for the period | 9904 | €44,349 | €44,860 | +€511 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,349 | €44,860 | +€511 | +1.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.