DENVERCARRINGTON: 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.
DENVERCARRINGTON
Largest movements
- Receivables within one year -€4,110
down €4,110 (-91.2%), from €4,506 to €396
of which Trade receivables: -€3,572
- Cash +€3,220
up €3,220 (+130%), from €2,474 to €5,694
mainly Receivables within one year (+€4,110) and Trade debts (+€629)
- Profit (loss) carried forward -€1,543
down €1,543 (-1.5%), from -€102,334 to -€103,877
- Trade debts +€629
new in 2025: €629
- Tax, wage and social debts -€353
down €353 (-97.0%), from €363 to €11
- Gross operating margin +€1,282
up €1,282, from -€1,054 to €228
- Depreciation -€917
down €917 (-79.5%), from €1,154 to €237
- Other operating charges -€415
down €415 (-26.4%), from €1,572 to €1,157
- Financial charges +€126
up €126 (+49.7%), from €252 to €378
- Taxes -€81
down €81 (-100%), from €81 to €0
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 | €30,429 | €29,302 | -€1,127 | -3.7% |
| Fixed assets | 21/28 | €23,448 | €23,212 | -€237 | -1.0% |
| Tangible fixed assets | 22/27 | €23,448 | €23,212 | -€237 | -1.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €23,448 | €23,212 | -€237 | -1.0% |
| Current assets | 29/58 | €6,981 | €6,090 | -€890 | -12.8% |
| Amounts receivable within one year | 40/41 | €4,506 | €396 | -€4,110 | -91.2% |
| Trade receivables | 40 | €3,572 | €0 | -€3,572 | -100% |
| Other amounts receivable | 41 | €934 | €396 | -€538 | -57.6% |
| Cash at bank and in hand | 54/58 | €2,474 | €5,694 | +€3,220 | +130% |
| Total equity and liabilities | 10/49 | €30,429 | €29,302 | -€1,127 | -3.7% |
| Equity | 10/15 | -€20,247 | -€21,791 | -€1,543 | -7.6% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €7,686 | €7,686 | = | 0.0% |
| Tax-exempt reserves | 132 | €246 | €246 | = | 0.0% |
| Distributable reserves | 133 | €7,440 | €7,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,334 | -€103,877 | -€1,543 | -1.5% |
| Amounts payable | 17/49 | €50,676 | €51,093 | +€416 | +0.8% |
| Amounts payable within one year | 42/48 | €50,676 | €51,093 | +€416 | +0.8% |
| Trade debts | 44 | - | €629 | +€629 | |
| Suppliers | 440/4 | - | €629 | +€629 | |
| Taxes, remuneration and social security | 45 | €363 | €11 | -€353 | -97.0% |
| Taxes | 450/3 | €363 | €11 | -€353 | -97.0% |
| Other amounts payable | 47/48 | €50,313 | €50,453 | +€140 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,154 | €237 | -€917 | -79.5% |
| Other operating charges | 640/8 | €1,572 | €1,157 | -€415 | -26.4% |
| Gross operating margin | 9900 | -€1,054 | €228 | +€1,282 | |
| Operating profit (loss) | 9901 | -€3,780 | -€1,166 | +€2,614 | +69.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €252 | €378 | +€126 | +49.7% |
| Recurring financial charges | 65 | €252 | €378 | +€126 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,032 | -€1,543 | +€2,489 | +61.7% |
| Income taxes | 67/77 | €81 | €0 | -€81 | -100% |
| Profit (loss) for the period | 9904 | -€4,114 | -€1,543 | +€2,570 | +62.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,114 | -€1,543 | +€2,570 | +62.5% |
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 20 October 2026 via checked.be.