TEKENBUREEL DENOLF: what changed
TEKENBUREEL DENOLF
Largest movements
- Tangible fixed assets +€7,668
up €7,668 (+17.0%), from €45,014 to €52,681
of which Plant, machinery and equipment: +€20,343
- Cash +€7,345
up €7,345 (+7.6%), from €96,951 to €104,296
mainly Net result for the year (+€30,500) and Depreciation (+€25,378)
- Receivables within one year +€3,603
up €3,603 (+17.1%), from €21,043 to €24,647
of which Other amounts receivable: +€1,893
- Reserves -€28,500
down €28,500 (-49.1%), from €57,994 to €29,494
- Debts after one year +€24,705
up €24,705 (+117%), from €21,108 to €45,813
of which Other amounts payable: +€34,731
- Tax, wage and social debts +€16,005
up €16,005 (+87.5%), from €18,284 to €34,289
of which Taxes: +€10,906
- Other debts +€15,455
up €15,455 (+32.5%), from €47,545 to €63,000
- Trade debts -€7,033
down €7,033 (-90.1%), from €7,808 to €775
- Gross operating margin +€32,964
up €32,964 (+38.4%), from €85,851 to €118,815
- Staff costs +€6,024
up €6,024 (+14.2%), from €42,329 to €48,353
- Depreciation +€4,632
up €4,632 (+22.3%), from €20,746 to €25,378
- Taxes +€2,383
up €2,383 (+48.6%), from €4,901 to €7,285
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 | €168,119 | €188,888 | +€20,769 | +12.4% |
| Fixed assets | 21/28 | €47,284 | €56,046 | +€8,762 | +18.5% |
| Intangible fixed assets | 21 | €2,271 | €3,365 | +€1,094 | +48.2% |
| Tangible fixed assets | 22/27 | €45,014 | €52,681 | +€7,668 | +17.0% |
| Plant, machinery and equipment | 23 | €2,143 | €22,486 | +€20,343 | +949% |
| Furniture and vehicles | 24 | €42,871 | €28,900 | -€13,971 | -32.6% |
| Other tangible fixed assets | 26 | - | €1,295 | +€1,295 | |
| Current assets | 29/58 | €120,835 | €132,842 | +€12,007 | +9.9% |
| Amounts receivable within one year | 40/41 | €21,043 | €24,647 | +€3,603 | +17.1% |
| Trade receivables | 40 | €16,844 | €18,554 | +€1,710 | +10.2% |
| Other amounts receivable | 41 | €4,200 | €6,093 | +€1,893 | +45.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €96,951 | €104,296 | +€7,345 | +7.6% |
| Deferred charges and accrued income | 490/1 | €2,840 | €3,899 | +€1,059 | +37.3% |
| Total equity and liabilities | 10/49 | €168,119 | €188,888 | +€20,769 | +12.4% |
| Equity | 10/15 | €60,994 | €32,494 | -€28,500 | -46.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,994 | €29,494 | -€28,500 | -49.1% |
| Distributable reserves | 133 | €57,994 | €29,494 | -€28,500 | -49.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €107,125 | €156,394 | +€49,269 | +46.0% |
| Amounts payable after more than one year | 17 | €21,108 | €45,813 | +€24,705 | +117% |
| Financial debts | 170/4 | €17,669 | €7,642 | -€10,026 | -56.7% |
| Other amounts payable | 178/9 | €3,439 | €38,170 | +€34,731 | +1,010% |
| Amounts payable within one year | 42/48 | €83,479 | €108,090 | +€24,611 | +29.5% |
| Current portion of amounts payable after more than one year | 42 | €9,842 | €10,026 | +€184 | +1.9% |
| Trade debts | 44 | €7,808 | €775 | -€7,033 | -90.1% |
| Suppliers | 440/4 | €7,808 | €775 | -€7,033 | -90.1% |
| Taxes, remuneration and social security | 45 | €18,284 | €34,289 | +€16,005 | +87.5% |
| Taxes | 450/3 | €12,362 | €23,269 | +€10,906 | +88.2% |
| Remuneration and social security | 454/9 | €5,921 | €11,020 | +€5,099 | +86.1% |
| Other amounts payable | 47/48 | €47,545 | €63,000 | +€15,455 | +32.5% |
| Accrued charges and deferred income | 492/3 | €2,539 | €2,492 | -€46 | -1.8% |
| Remuneration, social security and pensions | 62 | €42,329 | €48,353 | +€6,024 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,746 | €25,378 | +€4,632 | +22.3% |
| Other operating charges | 640/8 | €592 | €1,540 | +€949 | +160% |
| Non-recurring operating charges | 66A | - | €151 | +€151 | |
| Gross operating margin | 9900 | €85,851 | €118,815 | +€32,964 | +38.4% |
| Operating profit (loss) | 9901 | €22,184 | €43,392 | +€21,208 | +95.6% |
| Financial income | 75/76B | €965 | €0 | -€965 | -100% |
| Recurring financial income | 75 | €965 | €0 | -€965 | -100% |
| Financial charges | 65/66B | €5,192 | €5,608 | +€415 | +8.0% |
| Recurring financial charges | 65 | €5,192 | €5,608 | +€415 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €17,957 | €37,784 | +€19,828 | +110% |
| Income taxes | 67/77 | €4,901 | €7,285 | +€2,383 | +48.6% |
| Profit (loss) for the period | 9904 | €13,055 | €30,500 | +€17,444 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €13,055 | €30,500 | +€17,444 | +134% |
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 8 November 2026 via checked.be.