DENYS BENOIT HUISARTS: 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.
DENYS BENOIT HUISARTS
Largest movements
- Current investments +€105,382
up €105,382 (+142%), from €74,217 to €179,598
- Tangible fixed assets -€53,192
down €53,192 (-13.5%), from €395,133 to €341,941
of which Land and buildings: -€34,774
- Cash +€24,701
up €24,701 (+11.7%), from €211,128 to €235,828
mainly Net result for the year (+€76,043) and Depreciation (+€56,342)
- Receivables within one year +€9,670
up €9,670 (+202%), from €4,792 to €14,461
of which Other amounts receivable: +€10,179
- Reserves +€76,043
up €76,043 (+11.9%), from €639,597 to €715,639
of which Distributable reserves: +€76,043
- Other debts +€10,334
up €10,334 (+29.7%), from €34,766 to €45,100
- Financial income -€14,767
down €14,767 (-94.7%), from €15,592 to €825
- Gross operating margin +€6,970
up €6,970 (+3.8%), from €182,439 to €189,409
- Other operating charges +€5,781
up €5,781 (+294%), from €1,967 to €7,748
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 | €687,896 | €774,650 | +€86,755 | +12.6% |
| Fixed assets | 21/28 | €395,133 | €341,941 | -€53,192 | -13.5% |
| Tangible fixed assets | 22/27 | €395,133 | €341,941 | -€53,192 | -13.5% |
| Land and buildings | 22 | €335,534 | €300,760 | -€34,774 | -10.4% |
| Plant, machinery and equipment | 23 | €20,349 | €15,245 | -€5,104 | -25.1% |
| Furniture and vehicles | 24 | €36,302 | €22,988 | -€13,313 | -36.7% |
| Other tangible fixed assets | 26 | €2,948 | €2,948 | = | 0.0% |
| Current assets | 29/58 | €292,763 | €432,709 | +€139,947 | +47.8% |
| Amounts receivable within one year | 40/41 | €4,792 | €14,461 | +€9,670 | +202% |
| Trade receivables | 40 | €510 | - | -€510 | |
| Other amounts receivable | 41 | €4,282 | €14,461 | +€10,179 | +238% |
| Current investments | 50/53 | €74,217 | €179,598 | +€105,382 | +142% |
| Cash at bank and in hand | 54/58 | €211,128 | €235,828 | +€24,701 | +11.7% |
| Deferred charges and accrued income | 490/1 | €2,626 | €2,821 | +€195 | +7.4% |
| Total equity and liabilities | 10/49 | €687,896 | €774,650 | +€86,755 | +12.6% |
| Equity | 10/15 | €645,797 | €721,839 | +€76,043 | +11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €639,597 | €715,639 | +€76,043 | +11.9% |
| Non-distributable reserves | 130/1 | €8,160 | €8,160 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,160 | €8,160 | = | 0.0% |
| Distributable reserves | 133 | €631,437 | €707,479 | +€76,043 | +12.0% |
| Amounts payable | 17/49 | €42,099 | €52,811 | +€10,712 | +25.4% |
| Amounts payable within one year | 42/48 | €42,099 | €47,429 | +€5,331 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €4,653 | - | -€4,653 | |
| Taxes, remuneration and social security | 45 | €2,680 | €2,329 | -€351 | -13.1% |
| Taxes | 450/3 | €2,680 | €2,329 | -€351 | -13.1% |
| Other amounts payable | 47/48 | €34,766 | €45,100 | +€10,334 | +29.7% |
| Accrued charges and deferred income | 492/3 | - | €5,382 | +€5,382 | |
| Remuneration, social security and pensions | 62 | €791 | €5 | -€786 | -99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,776 | €56,342 | +€566 | +1.0% |
| Other operating charges | 640/8 | €1,967 | €7,748 | +€5,781 | +294% |
| Gross operating margin | 9900 | €182,439 | €189,409 | +€6,970 | +3.8% |
| Operating profit (loss) | 9901 | €123,905 | €125,314 | +€1,409 | +1.1% |
| Financial income | 75/76B | €15,592 | €825 | -€14,767 | -94.7% |
| Recurring financial income | 75 | €15,592 | €825 | -€14,767 | -94.7% |
| Financial charges | 65/66B | €897 | €975 | +€79 | +8.8% |
| Recurring financial charges | 65 | €897 | €975 | +€79 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €138,601 | €125,164 | -€13,437 | -9.7% |
| Income taxes | 67/77 | €47,294 | €49,121 | +€1,827 | +3.9% |
| Profit (loss) for the period | 9904 | €91,307 | €76,043 | -€15,264 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,307 | €76,043 | -€15,264 | -16.7% |
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 30 October 2026 via checked.be.