DENTHER: 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.
DENTHER
Largest movements
- Cash -€2,749
down €2,749 (-41.0%), from €6,701 to €3,952
mainly Other debts (-€3,308) and Trade debts (-€918)
- Tangible fixed assets -€1,036
down €1,036 (-82.7%), from €1,252 to €217
of which Plant, machinery and equipment: -€733
- Receivables within one year +€822
up €822 (+39.3%), from €2,095 to €2,917
of which Other amounts receivable: +€466
- Other debts -€3,308
down €3,308 (-10.0%), from €33,077 to €29,769
- Profit (loss) carried forward +€2,075
up €2,075 (+4.8%), from -€43,624 to -€41,549
- Trade debts -€918
down €918 (-22.0%), from €4,179 to €3,261
- Tax, wage and social debts -€811
no longer reported in 2025 (was €811)
- Gross operating margin -€1,047
down €1,047 (-22.3%), from €4,695 to €3,648
- Financial income -€184
down €184 (-87.9%), from €209 to €25
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 | €14,849 | €11,886 | -€2,963 | -20.0% |
| Fixed assets | 21/28 | €6,052 | €5,017 | -€1,036 | -17.1% |
| Tangible fixed assets | 22/27 | €1,252 | €217 | -€1,036 | -82.7% |
| Plant, machinery and equipment | 23 | €950 | €217 | -€733 | -77.2% |
| Furniture and vehicles | 24 | €302 | - | -€302 | |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €8,796 | €6,869 | -€1,927 | -21.9% |
| Amounts receivable within one year | 40/41 | €2,095 | €2,917 | +€822 | +39.3% |
| Trade receivables | 40 | €2,092 | €2,449 | +€357 | +17.1% |
| Other amounts receivable | 41 | €2 | €468 | +€466 | +18,696% |
| Cash at bank and in hand | 54/58 | €6,701 | €3,952 | -€2,749 | -41.0% |
| Total equity and liabilities | 10/49 | €14,849 | €11,886 | -€2,963 | -20.0% |
| Equity | 10/15 | -€23,219 | -€21,144 | +€2,075 | +8.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,624 | -€41,549 | +€2,075 | +4.8% |
| Amounts payable | 17/49 | €38,067 | €33,030 | -€5,038 | -13.2% |
| Amounts payable within one year | 42/48 | €38,067 | €33,030 | -€5,038 | -13.2% |
| Trade debts | 44 | €4,179 | €3,261 | -€918 | -22.0% |
| Suppliers | 440/4 | €4,179 | €3,261 | -€918 | -22.0% |
| Taxes, remuneration and social security | 45 | €811 | - | -€811 | |
| Taxes | 450/3 | €811 | - | -€811 | |
| Other amounts payable | 47/48 | €33,077 | €29,769 | -€3,308 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,059 | €1,036 | -€23 | -2.1% |
| Other operating charges | 640/8 | €301 | €306 | +€5 | +1.7% |
| Gross operating margin | 9900 | €4,695 | €3,648 | -€1,047 | -22.3% |
| Operating profit (loss) | 9901 | €3,335 | €2,306 | -€1,029 | -30.8% |
| Financial income | 75/76B | €209 | €25 | -€184 | -87.9% |
| Recurring financial income | 75 | €209 | €25 | -€184 | -87.9% |
| Financial charges | 65/66B | €260 | €257 | -€3 | -1.0% |
| Recurring financial charges | 65 | €260 | €257 | -€3 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €3,285 | €2,075 | -€1,210 | -36.8% |
| Profit (loss) for the period | 9904 | €3,285 | €2,075 | -€1,210 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,285 | €2,075 | -€1,210 | -36.8% |
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 14 October 2026 via checked.be.