DENYS SUPPORT: 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.
What changed
DENYS SUPPORT
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €1.5m+€55,193
Equity
€5.8m
2024 · €4.2m+€1.6m
Cash
€2.0m
2024 · €459,953+€1.5m
Balance sheet total
€18.5m
2024 · €15.8m+€2.7m
Largest movements
Assets
- Cash +€1.5m
up €1.5m (+335%), from €459,953 to €2.0m
mainly Net result for the year (+€1.5m) and Accrued charges and deferred income (+€1.2m)
- Receivables within one year +€695,936
up €695,936 (+4.6%), from €15.2m to €15.9m
of which Other amounts receivable: +€736,951
- Tangible fixed assets +€446,463
up €446,463 (+668%), from €66,815 to €513,278
of which Furniture and vehicles: +€465,007
Equity and liabilities
- Profit (loss) carried forward +€1.5m
up €1.5m (+39.6%), from €3.8m to €5.3m
- Accrued charges and deferred income +€1.2m
up €1.2m (+17.8%), from €6.5m to €7.7m
- Trade debts +€387,408
up €387,408 (+10.2%), from €3.8m to €4.2m
- Provisions -€200,668
down €200,668 (-24.8%), from €807,806 to €607,138
Income statement
- Write-downs +€525,869
up €525,869, from -€525,869 to €0
- Provisions -€511,164
down €511,164, from €310,496 to -€200,668
- Staff costs +€214,090
up €214,090 (+15.3%), from €1.4m to €1.6m
- Financial income +€212,599
up €212,599 (+47.8%), from €445,212 to €657,812
- Goods and materials -€201,970
down €201,970 (-4.7%), from €4.3m to €4.1m
of which Purchases: -€201,970
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.
Result 2024
€1.5m
Turnover
+€160,512
Other operating income
+€23,600
Goods and materials
+€201,970
Services and other goods
-€97,223
Staff costs
-€214,090
Depreciation
-€60,050
Write-downs
-€525,869
Provisions
+€511,164
Other operating charges
-€1,119
Other operating items
-€122,799
Financial income
+€212,599
Financial charges
-€5,188
Taxes
-€28,315
Result 2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.0m
Investment
-€561,175
Financing
+€75,260
Cash 2024
€459,953
From operations (derived)
+€2.0m
Net result for the year
+€1.5m
Depreciation
+€83,284
Stocks and contracts
+€67,376
Receivables within one year
-€695,936
Deferred charges and accrued income
-€5,958
Provisions
-€200,668
Trade debts
+€387,408
Tax, wage and social debts
-€125,194
Advances received
-€91,050
Other debts
-€65,962
Accrued charges and deferred income
+€1.2m
Investment (derived)
-€561,175
Investment in fixed assets (net)
-€561,175
Financing
+€75,260
Contributions, distributions and other
+€75,260
Cash 2025
€2.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,846,251 | €18,498,706 | +€2.7m | +16.7% |
| Fixed assets | 21/28 | €101,965 | €579,856 | +€477,891 | +469% |
| Intangible fixed assets | 21 | - | €31,428 | +€31,428 | |
| Tangible fixed assets | 22/27 | €66,815 | €513,278 | +€446,463 | +668% |
| Plant, machinery and equipment | 23 | €51,456 | €32,912 | -€18,544 | -36.0% |
| Furniture and vehicles | 24 | €15,359 | €480,366 | +€465,007 | +3,028% |
| Financial fixed assets | 28 | €35,150 | €35,150 | = | 0.0% |
| Affiliated companies | 280/1 | €30,750 | €30,750 | = | 0.0% |
| Participating interests | 280 | €30,750 | €30,750 | = | 0.0% |
| Other financial fixed assets | 284/8 | €4,400 | €4,400 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €4,400 | €4,400 | = | 0.0% |
| Current assets | 29/58 | €15,744,286 | €17,918,851 | +€2.2m | +13.8% |
| Stocks and contracts in progress | 3 | €67,376 | €0 | -€67,376 | -100% |
| Contracts in progress | 37 | €67,376 | €0 | -€67,376 | -100% |
| Amounts receivable within one year | 40/41 | €15,216,957 | €15,912,893 | +€695,936 | +4.6% |
| Trade receivables | 40 | €3,159,439 | €3,118,423 | -€41,015 | -1.3% |
| Other amounts receivable | 41 | €12,057,518 | €12,794,469 | +€736,951 | +6.1% |
| Cash at bank and in hand | 54/58 | €459,953 | €2,000,000 | +€1.5m | +335% |
| Deferred charges and accrued income | 490/1 | - | €5,958 | +€5,958 | |
| Total equity and liabilities | 10/49 | €15,846,251 | €18,498,706 | +€2.7m | +16.7% |
| Equity | 10/15 | €4,245,162 | €5,826,792 | +€1.6m | +37.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Uncalled capital | 101 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €191,658 | €191,658 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €91,658 | €91,658 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,803,504 | €5,309,874 | +€1.5m | +39.6% |
| Investment grants | 15 | - | €75,260 | +€75,260 | |
| Provisions and deferred taxes | 16 | €807,806 | €607,138 | -€200,668 | -24.8% |
| Provisions for liabilities and charges | 160/5 | €807,806 | €607,138 | -€200,668 | -24.8% |
| Pensions and similar obligations | 160 | €1,757 | €1,757 | = | 0.0% |
| Other liabilities and charges | 164/5 | €806,049 | €605,381 | -€200,668 | -24.9% |
| Amounts payable | 17/49 | €10,793,283 | €12,064,777 | +€1.3m | +11.8% |
| Amounts payable within one year | 42/48 | €4,250,157 | €4,355,359 | +€105,202 | +2.5% |
| Trade debts | 44 | €3,784,956 | €4,172,363 | +€387,408 | +10.2% |
| Suppliers | 440/4 | €3,784,956 | €4,172,363 | +€387,408 | +10.2% |
| Advances received on contracts in progress | 46 | €91,050 | - | -€91,050 | |
| Taxes, remuneration and social security | 45 | €308,190 | €182,995 | -€125,194 | -40.6% |
| Taxes | 450/3 | €164,979 | €12,846 | -€152,133 | -92.2% |
| Remuneration and social security | 454/9 | €143,211 | €170,150 | +€26,939 | +18.8% |
| Other amounts payable | 47/48 | €65,962 | €0 | -€65,962 | -100% |
| Accrued charges and deferred income | 492/3 | €6,543,126 | €7,709,418 | +€1.2m | +17.8% |
| Operating income | 70/76A | €7,821,657 | €7,882,970 | +€61,313 | +0.8% |
| Turnover | 70 | €7,441,758 | €7,602,270 | +€160,512 | +2.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €55,371 | -€67,376 | -€122,747 | |
| Other operating income | 74 | €324,476 | €348,076 | +€23,600 | +7.3% |
| Non-recurring operating income | 76A | €52 | €0 | -€52 | -100% |
| Operating charges | 60/66A | €6,406,873 | €6,592,090 | +€185,217 | +2.9% |
| Goods for resale, raw materials and consumables | 60 | €4,255,726 | €4,053,755 | -€201,970 | -4.7% |
| Purchases | 600/8 | €4,255,726 | €4,053,755 | -€201,970 | -4.7% |
| Change in stocks: decrease (increase) | 609 | - | €0 | = | |
| Services and other goods | 61 | €945,815 | €1,043,038 | +€97,223 | +10.3% |
| Remuneration, social security and pensions | 62 | €1,396,320 | €1,610,411 | +€214,090 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,234 | €83,284 | +€60,050 | +258% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€525,869 | €0 | +€525,869 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €310,496 | -€200,668 | -€511,164 | |
| Other operating charges | 640/8 | €1,151 | €2,270 | +€1,119 | +97.3% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Operating profit (loss) | 9901 | €1,414,784 | €1,290,880 | -€123,904 | -8.8% |
| Financial income | 75/76B | €445,212 | €657,812 | +€212,599 | +47.8% |
| Recurring financial income | 75 | €445,212 | €657,812 | +€212,599 | +47.8% |
| Income from financial fixed assets | 750 | - | €225,000 | +€225,000 | |
| Income from current assets | 751 | €444,888 | €413,862 | -€31,027 | -7.0% |
| Other financial income | 752/9 | €324 | €18,950 | +€18,626 | +5,748% |
| Financial charges | 65/66B | €6,670 | €11,857 | +€5,188 | +77.8% |
| Recurring financial charges | 65 | €6,670 | €11,857 | +€5,188 | +77.8% |
| Debt charges | 650 | €863 | €239 | -€624 | -72.3% |
| Other financial charges | 652/9 | €5,807 | €11,618 | +€5,811 | +100% |
| Profit (loss) for the period before taxes | 9903 | €1,853,327 | €1,936,834 | +€83,507 | +4.5% |
| Income taxes | 67/77 | €402,149 | €430,464 | +€28,315 | +7.0% |
| Taxes | 670/3 | €402,457 | €430,634 | +€28,177 | +7.0% |
| Tax adjustments and reversals of tax provisions | 77 | €308 | €170 | -€138 | -44.7% |
| Profit (loss) for the period | 9904 | €1,451,178 | €1,506,370 | +€55,193 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,451,178 | €1,506,370 | +€55,193 | +3.8% |
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 15 October 2026 via checked.be.