DENTHAL: 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.
DENTHAL
Largest movements
- Cash +€45,874
up €45,874 (+88.5%), from €51,849 to €97,723
mainly Net result for the year (+€104,896) and Other debts (+€57,535)
- Receivables within one year -€30,872
down €30,872 (-67.8%), from €45,553 to €14,680
of which Trade receivables: -€19,320
- Tangible fixed assets -€26,715
down €26,715 (-1.8%), from €1.5m to €1.5m
of which Land and buildings: -€20,438
- Debts after one year -€72,785
down €72,785 (-5.2%), from €1.4m to €1.3m
of which Financial debts: -€72,785
- Other debts +€57,535
up €57,535 (+133%), from €43,401 to €100,936
- Gross operating margin +€54,751
up €54,751 (+35.6%), from €153,752 to €208,502
- Financial income +€17,274
up €17,274 (+125%), from €13,833 to €31,107
- Taxes +€8,817
up €8,817 (+64.1%), from €13,752 to €22,569
- Depreciation +€7,313
up €7,313 (+15.9%), from €45,983 to €53,296
- Financial charges +€3,765
up €3,765 (+8.6%), from €43,776 to €47,541
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 | €1,589,374 | €1,576,012 | -€13,362 | -0.8% |
| Fixed assets | 21/28 | €1,480,996 | €1,454,281 | -€26,715 | -1.8% |
| Tangible fixed assets | 22/27 | €1,478,896 | €1,452,181 | -€26,715 | -1.8% |
| Land and buildings | 22 | €1,467,740 | €1,447,302 | -€20,438 | -1.4% |
| Furniture and vehicles | 24 | €1,873 | €1,976 | +€103 | +5.5% |
| Other tangible fixed assets | 26 | €9,282 | €2,903 | -€6,379 | -68.7% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €108,378 | €121,731 | +€13,353 | +12.3% |
| Amounts receivable within one year | 40/41 | €45,553 | €14,680 | -€30,872 | -67.8% |
| Trade receivables | 40 | €24,053 | €4,733 | -€19,320 | -80.3% |
| Other amounts receivable | 41 | €21,499 | €9,947 | -€11,553 | -53.7% |
| Cash at bank and in hand | 54/58 | €51,849 | €97,723 | +€45,874 | +88.5% |
| Deferred charges and accrued income | 490/1 | €10,977 | €9,328 | -€1,649 | -15.0% |
| Total equity and liabilities | 10/49 | €1,589,374 | €1,576,012 | -€13,362 | -0.8% |
| Equity | 10/15 | €63,505 | €68,401 | +€4,896 | +7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,905 | €49,801 | +€4,896 | +10.9% |
| Distributable reserves | 133 | €44,905 | €49,801 | +€4,896 | +10.9% |
| Amounts payable | 17/49 | €1,525,869 | €1,507,611 | -€18,258 | -1.2% |
| Amounts payable after more than one year | 17 | €1,391,878 | €1,319,093 | -€72,785 | -5.2% |
| Financial debts | 170/4 | €1,391,338 | €1,318,553 | -€72,785 | -5.2% |
| Other amounts payable | 178/9 | €540 | €540 | = | 0.0% |
| Amounts payable within one year | 42/48 | €133,992 | €188,518 | +€54,527 | +40.7% |
| Current portion of amounts payable after more than one year | 42 | €76,909 | €75,882 | -€1,027 | -1.3% |
| Trade debts | 44 | €10,682 | €5,382 | -€5,300 | -49.6% |
| Suppliers | 440/4 | €10,682 | €5,382 | -€5,300 | -49.6% |
| Taxes, remuneration and social security | 45 | €3,000 | €6,319 | +€3,319 | +111% |
| Taxes | 450/3 | €3,000 | €5,569 | +€2,569 | +85.6% |
| Remuneration and social security | 454/9 | - | €750 | +€750 | |
| Other amounts payable | 47/48 | €43,401 | €100,936 | +€57,535 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,983 | €53,296 | +€7,313 | +15.9% |
| Other operating charges | 640/8 | €8,352 | €11,307 | +€2,955 | +35.4% |
| Gross operating margin | 9900 | €153,752 | €208,502 | +€54,751 | +35.6% |
| Operating profit (loss) | 9901 | €99,417 | €143,899 | +€44,482 | +44.7% |
| Financial income | 75/76B | €13,833 | €31,107 | +€17,274 | +125% |
| Recurring financial income | 75 | €13,833 | €31,107 | +€17,274 | +125% |
| Financial charges | 65/66B | €43,776 | €47,541 | +€3,765 | +8.6% |
| Recurring financial charges | 65 | €43,776 | €47,541 | +€3,765 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €69,475 | €127,465 | +€57,990 | +83.5% |
| Income taxes | 67/77 | €13,752 | €22,569 | +€8,817 | +64.1% |
| Profit (loss) for the period | 9904 | €55,723 | €104,896 | +€49,174 | +88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,723 | €104,896 | +€49,174 | +88.2% |
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 15 October 2026 via checked.be.