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DENTARCH: 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.

What changed

DENTARCH

BE 0454.058.879
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€126,150
2024 · €126,362-€212
Equity
€415,171
2024 · €543,021-€127,851
Cash
€500,950
2024 · €483,987+€16,963
Balance sheet total
€683,877
2024 · €712,301-€28,425

Largest movements

2024 to 2025
Assets
  • Current investments -€50,000

    down €50,000 (-33.3%), from €150,000 to €100,000

  • Cash +€16,963

    up €16,963 (+3.5%), from €483,987 to €500,950

    mainly Net result for the year (+€126,150) and Other debts (+€106,595)

Equity and liabilities
  • Reserves -€129,000

    down €129,000 (-25.7%), from €502,282 to €373,282

    of which Distributable reserves: -€129,000

  • Other debts +€106,595

    up €106,595 (+78.1%), from €136,410 to €243,006

Income statement
  • Financial income +€25,928

    up €25,928 (+368.7%), from €7,032 to €32,960

    of which Non-recurring financial income: +€24,450

  • Gross operating margin -€24,535

    down €24,535 (-12.9%), from €189,748 to €165,212

  • Depreciation +€3,901

    up €3,901 (+26.5%), from €14,708 to €18,610

  • Taxes -€3,734

    down €3,734 (-7.2%), from €52,138 to €48,404

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €126,362
Gross operating margin -€24,535
Depreciation -€3,901
Other operating charges -€1,443
Financial income +€25,928
Financial charges +€5
Taxes +€3,734
Result 2025 €126,150

Cash bridge derived

cash 2024 to 2025

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.

From operations +€245,276
Investment +€30,547
Financing -€258,860
Cash 2024 €483,987
Net result for the year +€126,150
Depreciation +€18,610
Stocks and contracts -€1,049
Deferred charges and accrued income -€2,720
Trade debts -€3,186
Tax, wage and social debts +€899
Other debts +€106,595
Accrued charges and deferred income -€22
Investment in fixed assets (net) -€19,453
Current investments +€50,000
Current portion of long-term debt -€4,860
Contributions, distributions and other -€254,000
Cash 2025 €500,950
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €712,301 €683,877 -€28,425 -4.0%
Fixed assets 21/28 €62,776 €63,619 +€843 +1.3%
Tangible fixed assets 22/27 €62,776 €63,619 +€843 +1.3%
Plant, machinery and equipment 23 €33,771 €58,395 +€24,624 +72.9%
Furniture and vehicles 24 €6,658 €5,125 -€1,534 -23.0%
Leasing and similar rights 25 €22,148 - -€22,148
Other tangible fixed assets 26 €199 €100 -€100 -50.0%
Current assets 29/58 €649,525 €620,257 -€29,268 -4.5%
Stocks and contracts in progress 3 €6,642 €7,690 +€1,049 +15.8%
Stocks 30/36 €6,642 €7,690 +€1,049 +15.8%
Current investments 50/53 €150,000 €100,000 -€50,000 -33.3%
Cash at bank and in hand 54/58 €483,987 €500,950 +€16,963 +3.5%
Deferred charges and accrued income 490/1 €8,897 €11,617 +€2,720 +30.6%
Total equity and liabilities 10/49 €712,301 €683,877 -€28,425 -4.0%
Equity 10/15 €543,021 €415,171 -€127,851 -23.5%
Contributions 10/11 €8,676 €8,676 = 0.0%
Reserves 13 €502,282 €373,282 -€129,000 -25.7%
Tax-exempt reserves 132 €4,350 €4,350 = 0.0%
Distributable reserves 133 €497,932 €368,932 -€129,000 -25.9%
Profit (loss) carried forward 14 €32,063 €33,212 +€1,150 +3.6%
Amounts payable 17/49 €169,280 €268,706 +€99,426 +58.7%
Amounts payable within one year 42/48 €169,186 €268,634 +€99,448 +58.8%
Current portion of amounts payable after more than one year 42 €4,860 - -€4,860
Trade debts 44 €3,604 €417 -€3,186 -88.4%
Suppliers 440/4 €3,604 €417 -€3,186 -88.4%
Taxes, remuneration and social security 45 €24,312 €25,211 +€899 +3.7%
Taxes 450/3 €24,312 €25,211 +€899 +3.7%
Other amounts payable 47/48 €136,410 €243,006 +€106,595 +78.1%
Accrued charges and deferred income 492/3 €95 €72 -€22 -23.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,708 €18,610 +€3,901 +26.5%
Other operating charges 640/8 €2,783 €4,226 +€1,443 +51.8%
Gross operating margin 9900 €189,748 €165,212 -€24,535 -12.9%
Operating profit (loss) 9901 €172,257 €142,377 -€29,880 -17.3%
Financial income 75/76B €7,032 €32,960 +€25,928 +368.7%
Recurring financial income 75 €7,032 €8,510 +€1,478 +21.0%
Non-recurring financial income 76B - €24,450 +€24,450
Financial charges 65/66B €789 €783 -€5 -0.7%
Recurring financial charges 65 €789 €783 -€5 -0.7%
Profit (loss) for the period before taxes 9903 €178,500 €174,554 -€3,946 -2.2%
Income taxes 67/77 €52,138 €48,404 -€3,734 -7.2%
Profit (loss) for the period 9904 €126,362 €126,150 -€212 -0.2%
Profit (loss) for the period to be appropriated 9905 €126,362 €126,150 -€212 -0.2%

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 28 September 2026 via checked.be.