Dentelle: 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.
Dentelle
Largest movements
- Cash -€62,127
down €62,127 (-47.9%), from €129,723 to €67,596
mainly Contributions, distributions and other (-€150,000) and Investment in fixed assets (net) (-€107,036)
- Stocks and contracts +€32,572
new in 2025: €32,572
- Debts after one year -€87,480
down €87,480 (-7.5%), from €1.2m to €1.1m
- Tax, wage and social debts +€69,055
up €69,055 (+202.7%), from €34,075 to €103,130
of which Taxes: +€53,436
- Other debts -€46,649
down €46,649 (-12.6%), from €369,048 to €322,398
- Accrued charges and deferred income +€25,896
new in 2025: €25,896
- Trade debts +€17,227
up €17,227 (+203.0%), from €8,485 to €25,712
- Gross operating margin +€127,658
up €127,658 (+28.8%), from €443,705 to €571,363
- Staff costs +€107,579
up €107,579 (+146.5%), from €73,440 to €181,020
- Taxes +€67,169
up €67,169 (+423.1%), from €15,877 to €83,046
- Financial charges -€14,984
down €14,984 (-30.3%), from €49,391 to €34,407
- Depreciation +€10,186
up €10,186 (+10.2%), from €100,162 to €110,348
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 | €1,694,707 | €1,664,840 | -€29,867 | -1.8% |
| Fixed assets | 21/28 | €1,551,247 | €1,547,936 | -€3,311 | -0.2% |
| Tangible fixed assets | 22/27 | €1,551,247 | €1,547,936 | -€3,311 | -0.2% |
| Land and buildings | 22 | €1,258,813 | €1,229,015 | -€29,797 | -2.4% |
| Plant, machinery and equipment | 23 | €242,894 | €211,025 | -€31,869 | -13.1% |
| Furniture and vehicles | 24 | €49,541 | €107,895 | +€58,355 | +117.8% |
| Current assets | 29/58 | €143,460 | €116,904 | -€26,556 | -18.5% |
| Stocks and contracts in progress | 3 | - | €32,572 | +€32,572 | |
| Stocks | 30/36 | - | €32,572 | +€32,572 | |
| Amounts receivable within one year | 40/41 | €3,501 | €0 | -€3,501 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,501 | €0 | -€3,501 | -100.0% |
| Cash at bank and in hand | 54/58 | €129,723 | €67,596 | -€62,127 | -47.9% |
| Deferred charges and accrued income | 490/1 | €10,236 | €16,736 | +€6,501 | +63.5% |
| Total equity and liabilities | 10/49 | €1,694,707 | €1,664,840 | -€29,867 | -1.8% |
| Equity | 10/15 | €17,527 | €19,057 | +€1,530 | +8.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,527 | €14,057 | +€1,530 | +12.2% |
| Distributable reserves | 133 | €12,527 | €14,057 | +€1,530 | +12.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,677,180 | €1,645,783 | -€31,397 | -1.9% |
| Amounts payable after more than one year | 17 | €1,167,563 | €1,080,083 | -€87,480 | -7.5% |
| Financial debts | 170/4 | €1,167,563 | €1,080,083 | -€87,480 | -7.5% |
| Amounts payable within one year | 42/48 | €509,617 | €539,803 | +€30,186 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €98,009 | €87,480 | -€10,530 | -10.7% |
| Financial debts | 43 | - | €1,083 | +€1,083 | |
| Credit institutions | 430/8 | - | €1,083 | +€1,083 | |
| Trade debts | 44 | €8,485 | €25,712 | +€17,227 | +203.0% |
| Suppliers | 440/4 | €8,485 | €25,712 | +€17,227 | +203.0% |
| Taxes, remuneration and social security | 45 | €34,075 | €103,130 | +€69,055 | +202.7% |
| Taxes | 450/3 | €17,237 | €70,673 | +€53,436 | +310.0% |
| Remuneration and social security | 454/9 | €16,838 | €32,457 | +€15,619 | +92.8% |
| Other amounts payable | 47/48 | €369,048 | €322,398 | -€46,649 | -12.6% |
| Accrued charges and deferred income | 492/3 | - | €25,896 | +€25,896 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €73,440 | €181,020 | +€107,579 | +146.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,162 | €110,348 | +€10,186 | +10.2% |
| Other operating charges | 640/8 | €6,219 | €9,530 | +€3,312 | +53.3% |
| Non-recurring operating charges | 66A | €0 | €1,738 | +€1,738 | |
| Gross operating margin | 9900 | €443,705 | €571,363 | +€127,658 | +28.8% |
| Operating profit (loss) | 9901 | €263,885 | €268,728 | +€4,843 | +1.8% |
| Financial income | 75/76B | €1 | €255 | +€254 | +26171.1% |
| Recurring financial income | 75 | €1 | €255 | +€254 | +26171.1% |
| Financial charges | 65/66B | €49,391 | €34,407 | -€14,984 | -30.3% |
| Recurring financial charges | 65 | €49,391 | €34,407 | -€14,984 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €214,494 | €234,576 | +€20,082 | +9.4% |
| Income taxes | 67/77 | €15,877 | €83,046 | +€67,169 | +423.1% |
| Profit (loss) for the period | 9904 | €198,617 | €151,530 | -€47,087 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €198,617 | €151,530 | -€47,087 | -23.7% |
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 11 October 2026 via checked.be.