SPRL DENISON: 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.
SPRL DENISON
Largest movements
- Cash +€1,671
up €1,671 (+276%), from €606 to €2,277
mainly Stocks and contracts (+€740) and Receivables within one year (+€644)
- Stocks and contracts -€740
down €740 (-14.9%), from €4,969 to €4,229
- Receivables within one year -€644
down €644 (-27.9%), from €2,305 to €1,662
of which Trade receivables: -€653
- Tangible fixed assets -€504
no longer reported in 2025 (was €504)
- Trade debts -€507
down €507 (-62.8%), from €807 to €300
- Profit (loss) carried forward +€314
up €314 (+1.2%), from -€25,187 to -€24,872
- Gross operating margin +€6,371
up €6,371, from -€4,836 to €1,535
- Write-downs +€950
up €950, from -€400 to €550
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €8,535 | €8,318 | -€216 | -2.5% |
| Fixed assets | 21/28 | €654 | €150 | -€504 | -77.1% |
| Tangible fixed assets | 22/27 | €504 | - | -€504 | |
| Other tangible fixed assets | 26 | €504 | - | -€504 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €7,880 | €8,168 | +€288 | +3.7% |
| Stocks and contracts in progress | 3 | €4,969 | €4,229 | -€740 | -14.9% |
| Stocks | 30/36 | €4,969 | €4,229 | -€740 | -14.9% |
| Amounts receivable within one year | 40/41 | €2,305 | €1,662 | -€644 | -27.9% |
| Trade receivables | 40 | €2,305 | €1,653 | -€653 | -28.3% |
| Other amounts receivable | 41 | €0 | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €606 | €2,277 | +€1,671 | +276% |
| Total equity and liabilities | 10/49 | €8,535 | €8,318 | -€216 | -2.5% |
| Equity | 10/15 | -€17,127 | -€16,812 | +€314 | +1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,187 | -€24,872 | +€314 | +1.2% |
| Amounts payable | 17/49 | €25,661 | €25,131 | -€531 | -2.1% |
| Amounts payable within one year | 42/48 | €25,661 | €25,131 | -€531 | -2.1% |
| Trade debts | 44 | €807 | €300 | -€507 | -62.8% |
| Suppliers | 440/4 | €807 | €300 | -€507 | -62.8% |
| Taxes, remuneration and social security | 45 | €5,522 | €5,499 | -€24 | -0.4% |
| Taxes | 450/3 | €24 | - | -€24 | |
| Remuneration and social security | 454/9 | €5,499 | €5,499 | = | 0.0% |
| Other amounts payable | 47/48 | €19,332 | €19,332 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €504 | €504 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€400 | €550 | +€950 | |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€4,836 | €1,535 | +€6,371 | |
| Operating profit (loss) | 9901 | -€5,325 | €481 | +€5,805 | |
| Financial charges | 65/66B | €173 | €166 | -€7 | -3.9% |
| Recurring financial charges | 65 | €173 | €166 | -€7 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,498 | €314 | +€5,812 | |
| Profit (loss) for the period | 9904 | -€5,498 | €314 | +€5,812 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,498 | €314 | +€5,812 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.