2DHM LOGISTICS: 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.
2DHM LOGISTICS
Largest movements
- Receivables within one year +€54,131
up €54,131 (+36.6%), from €147,993 to €202,124
of which Trade receivables: +€54,439
- Deferred charges and accrued income +€47,077
up €47,077 (+182%), from €25,855 to €72,932
- Cash +€38,551
up €38,551 (+291%), from €13,234 to €51,785
mainly Tax, wage and social debts (+€246,566) and Trade debts (+€33,316)
- Tangible fixed assets -€16,934
down €16,934 (-19.6%), from €86,555 to €69,621
of which Furniture and vehicles: -€16,214
- Tax, wage and social debts +€246,566
up €246,566 (+154%), from €160,116 to €406,682
of which Remuneration and social security: +€124,198
- Profit (loss) carried forward -€130,491
down €130,491 (-73.2%), from -€178,308 to -€308,799
- Trade debts +€33,316
up €33,316 (+32.8%), from €101,629 to €134,945
- Other debts -€31,785
down €31,785 (-24.9%), from €127,663 to €95,878
- Gross operating margin +€542,241
up €542,241 (+164%), from €331,425 to €873,667
- Staff costs +€413,472
up €413,472 (+85.6%), from €482,891 to €896,363
- Financial charges +€28,627
up €28,627 (+238%), from €12,032 to €40,659
of which Financial charges: +€25,250
- Other operating charges +€27,666
up €27,666 (+200%), from €13,849 to €41,515
- Depreciation +€12,559
up €12,559 (+139%), from €9,046 to €21,605
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 | €274,088 | €397,188 | +€123,100 | +44.9% |
| Fixed assets | 21/28 | €87,005 | €70,346 | -€16,659 | -19.1% |
| Tangible fixed assets | 22/27 | €86,555 | €69,621 | -€16,934 | -19.6% |
| Plant, machinery and equipment | 23 | €1,535 | €815 | -€720 | -46.9% |
| Furniture and vehicles | 24 | €85,020 | €68,806 | -€16,214 | -19.1% |
| Financial fixed assets | 28 | €450 | €725 | +€275 | +61.1% |
| Current assets | 29/58 | €187,083 | €326,842 | +€139,759 | +74.7% |
| Amounts receivable within one year | 40/41 | €147,993 | €202,124 | +€54,131 | +36.6% |
| Trade receivables | 40 | €147,676 | €202,116 | +€54,439 | +36.9% |
| Other amounts receivable | 41 | €317 | €9 | -€308 | -97.2% |
| Cash at bank and in hand | 54/58 | €13,234 | €51,785 | +€38,551 | +291% |
| Deferred charges and accrued income | 490/1 | €25,855 | €72,932 | +€47,077 | +182% |
| Total equity and liabilities | 10/49 | €274,088 | €397,188 | +€123,100 | +44.9% |
| Equity | 10/15 | -€146,308 | -€276,799 | -€130,491 | -89.2% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,308 | -€308,799 | -€130,491 | -73.2% |
| Amounts payable | 17/49 | €420,396 | €673,987 | +€253,591 | +60.3% |
| Amounts payable within one year | 42/48 | €404,515 | €656,043 | +€251,528 | +62.2% |
| Financial debts | 43 | €15,108 | €18,539 | +€3,431 | +22.7% |
| Credit institutions | 430/8 | €15,108 | €18,539 | +€3,431 | +22.7% |
| Trade debts | 44 | €101,629 | €134,945 | +€33,316 | +32.8% |
| Suppliers | 440/4 | €101,629 | €134,945 | +€33,316 | +32.8% |
| Taxes, remuneration and social security | 45 | €160,116 | €406,682 | +€246,566 | +154% |
| Taxes | 450/3 | €49,345 | €171,713 | +€122,368 | +248% |
| Remuneration and social security | 454/9 | €110,771 | €234,969 | +€124,198 | +112% |
| Other amounts payable | 47/48 | €127,663 | €95,878 | -€31,785 | -24.9% |
| Accrued charges and deferred income | 492/3 | €15,881 | €17,944 | +€2,063 | +13.0% |
| Non-recurring operating income | 76A | €8,028 | €6,624 | -€1,404 | -17.5% |
| Remuneration, social security and pensions | 62 | €482,891 | €896,363 | +€413,472 | +85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,046 | €21,605 | +€12,559 | +139% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,510 | €4,038 | +€2,528 | +167% |
| Other operating charges | 640/8 | €13,849 | €41,515 | +€27,666 | +200% |
| Gross operating margin | 9900 | €331,425 | €873,667 | +€542,241 | +164% |
| Operating profit (loss) | 9901 | -€175,871 | -€89,855 | +€86,016 | +48.9% |
| Financial income | 75/76B | €24 | €16 | -€7 | -31.1% |
| Recurring financial income | 75 | €24 | €16 | -€7 | -31.1% |
| Financial charges | 65/66B | €12,032 | €40,659 | +€28,627 | +238% |
| Recurring financial charges | 65 | €12,032 | €37,283 | +€25,250 | +210% |
| Non-recurring financial charges | 66B | - | €3,376 | +€3,376 | |
| Profit (loss) for the period before taxes | 9903 | -€187,879 | -€130,497 | +€57,382 | +30.5% |
| Income taxes | 67/77 | €6 | -€6 | -€12 | |
| Profit (loss) for the period | 9904 | -€187,885 | -€130,491 | +€57,395 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€187,885 | -€130,491 | +€57,395 | +30.5% |
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 18 October 2026 via checked.be.