Dent10: 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.
Dent10
Largest movements
- Tangible fixed assets -€32,671
down €32,671 (-3.9%), from €847,789 to €815,118
of which Furniture and vehicles: -€25,416
- Cash +€25,398
up €25,398 (+6.6%), from €382,932 to €408,330
mainly Depreciation (+€54,332) and Net result for the year (+€33,179)
- Debts after one year -€50,170
down €50,170 (-8.2%), from €614,776 to €564,607
- Reserves +€33,179
up €33,179 (+6.0%), from €557,357 to €590,535
- Gross operating margin -€244,018
down €244,018 (-58.6%), from €416,304 to €172,286
- Taxes -€55,832
down €55,832 (-86.2%), from €64,749 to €8,918
- Depreciation -€26,170
down €26,170 (-32.5%), from €80,502 to €54,332
- Staff costs +€8,989
up €8,989 (+22.5%), from €39,875 to €48,864
- Financial charges +€4,564
up €4,564 (+21.8%), from €20,935 to €25,499
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 | €1,310,305 | €1,295,486 | -€14,819 | -1.1% |
| Fixed assets | 21/28 | €869,456 | €834,284 | -€35,171 | -4.0% |
| Intangible fixed assets | 21 | €21,667 | €19,167 | -€2,500 | -11.5% |
| Tangible fixed assets | 22/27 | €847,789 | €815,118 | -€32,671 | -3.9% |
| Land and buildings | 22 | €731,653 | €711,320 | -€20,333 | -2.8% |
| Plant, machinery and equipment | 23 | €9,119 | €22,197 | +€13,078 | +143.4% |
| Furniture and vehicles | 24 | €91,117 | €65,701 | -€25,416 | -27.9% |
| Other tangible fixed assets | 26 | €15,900 | €15,900 | = | 0.0% |
| Current assets | 29/58 | €440,849 | €461,201 | +€20,352 | +4.6% |
| Amounts receivable within one year | 40/41 | €4,971 | - | -€4,971 | |
| Trade receivables | 40 | €681 | - | -€681 | |
| Other amounts receivable | 41 | €4,290 | - | -€4,290 | |
| Current investments | 50/53 | €52,752 | €52,871 | +€119 | +0.2% |
| Cash at bank and in hand | 54/58 | €382,932 | €408,330 | +€25,398 | +6.6% |
| Deferred charges and accrued income | 490/1 | €194 | - | -€194 | |
| Total equity and liabilities | 10/49 | €1,310,305 | €1,295,486 | -€14,819 | -1.1% |
| Equity | 10/15 | €562,357 | €595,535 | +€33,179 | +5.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €557,357 | €590,535 | +€33,179 | +6.0% |
| Distributable reserves | 133 | €557,357 | €590,535 | +€33,179 | +6.0% |
| Amounts payable | 17/49 | €747,948 | €699,950 | -€47,998 | -6.4% |
| Amounts payable after more than one year | 17 | €614,776 | €564,607 | -€50,170 | -8.2% |
| Financial debts | 170/4 | €614,776 | €564,607 | -€50,170 | -8.2% |
| Amounts payable within one year | 42/48 | €126,894 | €127,560 | +€666 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €48,411 | €50,170 | +€1,759 | +3.6% |
| Trade debts | 44 | €10,928 | €20,756 | +€9,829 | +89.9% |
| Suppliers | 440/4 | €10,928 | €20,756 | +€9,829 | +89.9% |
| Taxes, remuneration and social security | 45 | €44,662 | €35,374 | -€9,287 | -20.8% |
| Taxes | 450/3 | €37,249 | €26,616 | -€10,634 | -28.5% |
| Remuneration and social security | 454/9 | €7,413 | €8,759 | +€1,346 | +18.2% |
| Other amounts payable | 47/48 | €22,894 | €21,259 | -€1,634 | -7.1% |
| Accrued charges and deferred income | 492/3 | €6,277 | €7,784 | +€1,506 | +24.0% |
| Remuneration, social security and pensions | 62 | €39,875 | €48,864 | +€8,989 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,502 | €54,332 | -€26,170 | -32.5% |
| Other operating charges | 640/8 | €1,478 | €1,665 | +€188 | +12.7% |
| Gross operating margin | 9900 | €416,304 | €172,286 | -€244,018 | -58.6% |
| Operating profit (loss) | 9901 | €294,450 | €67,425 | -€227,026 | -77.1% |
| Financial income | 75/76B | - | €171 | +€171 | |
| Recurring financial income | 75 | - | €171 | +€171 | |
| Financial charges | 65/66B | €20,935 | €25,499 | +€4,564 | +21.8% |
| Recurring financial charges | 65 | €20,935 | €25,499 | +€4,564 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €273,515 | €42,096 | -€231,419 | -84.6% |
| Income taxes | 67/77 | €64,749 | €8,918 | -€55,832 | -86.2% |
| Profit (loss) for the period | 9904 | €208,766 | €33,179 | -€175,587 | -84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €208,766 | €33,179 | -€175,587 | -84.1% |
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 6 October 2026 via checked.be.