Schilderwerken Denolf Bart: what changed
Schilderwerken Denolf Bart
Largest movements
- Receivables within one year +€11,624
up €11,624 (+736%), from €1,579 to €13,202
of which Trade receivables: +€11,161
- Cash -€7,553
down €7,553 (-41.0%), from €18,420 to €10,867
mainly Receivables within one year (-€11,624) and Deferred charges and accrued income (-€6,057)
- Deferred charges and accrued income +€6,057
up €6,057 (+238%), from €2,548 to €8,606
- Tangible fixed assets -€790
down €790 (-12.5%), from €6,344 to €5,554
- Reserves +€9,077
up €9,077 (+61.8%), from €14,683 to €23,760
- Gross operating margin -€6,642
down €6,642 (-32.6%), from €20,355 to €13,713
- Taxes -€1,293
down €1,293 (-31.0%), from €4,173 to €2,880
- Other operating charges +€326
up €326 (+76.4%), from €426 to €752
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,892 | €38,229 | +€9,337 | +32.3% |
| Fixed assets | 21/28 | €6,344 | €5,554 | -€790 | -12.5% |
| Tangible fixed assets | 22/27 | €6,344 | €5,554 | -€790 | -12.5% |
| Land and buildings | 22 | €6,344 | €5,554 | -€790 | -12.5% |
| Current assets | 29/58 | €22,548 | €32,675 | +€10,128 | +44.9% |
| Amounts receivable within one year | 40/41 | €1,579 | €13,202 | +€11,624 | +736% |
| Trade receivables | 40 | €922 | €12,082 | +€11,161 | +1,211% |
| Other amounts receivable | 41 | €657 | €1,120 | +€463 | +70.5% |
| Cash at bank and in hand | 54/58 | €18,420 | €10,867 | -€7,553 | -41.0% |
| Deferred charges and accrued income | 490/1 | €2,548 | €8,606 | +€6,057 | +238% |
| Total equity and liabilities | 10/49 | €28,892 | €38,229 | +€9,337 | +32.3% |
| Equity | 10/15 | €17,683 | €26,760 | +€9,077 | +51.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,683 | €23,760 | +€9,077 | +61.8% |
| Distributable reserves | 133 | €14,683 | €23,760 | +€9,077 | +61.8% |
| Amounts payable | 17/49 | €11,209 | €11,469 | +€260 | +2.3% |
| Amounts payable within one year | 42/48 | €11,209 | €11,469 | +€260 | +2.3% |
| Trade debts | 44 | €5,314 | €5,328 | +€13 | +0.2% |
| Suppliers | 440/4 | €5,314 | €5,328 | +€13 | +0.2% |
| Taxes, remuneration and social security | 45 | €4,173 | €4,442 | +€270 | +6.5% |
| Taxes | 450/3 | €4,173 | €4,442 | +€270 | +6.5% |
| Other amounts payable | 47/48 | €1,722 | €1,699 | -€22 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €769 | €790 | +€22 | +2.8% |
| Other operating charges | 640/8 | €426 | €752 | +€326 | +76.4% |
| Gross operating margin | 9900 | €20,355 | €13,713 | -€6,642 | -32.6% |
| Operating profit (loss) | 9901 | €19,160 | €12,171 | -€6,989 | -36.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €305 | €215 | -€90 | -29.4% |
| Recurring financial charges | 65 | €305 | €215 | -€90 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €18,855 | €11,957 | -€6,898 | -36.6% |
| Income taxes | 67/77 | €4,173 | €2,880 | -€1,293 | -31.0% |
| Profit (loss) for the period | 9904 | €14,683 | €9,077 | -€5,606 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,683 | €9,077 | -€5,606 | -38.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.