D-H CAR: 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.
D-H CAR
Largest movements
- Receivables within one year +€11,745
up €11,745 (+361%), from €3,251 to €14,996
- Cash -€7,553
down €7,553 (-63.1%), from €11,963 to €4,410
mainly Other debts (-€26,445) and Receivables within one year (-€11,745)
- Tangible fixed assets -€1,900
down €1,900 (-44.3%), from €4,294 to €2,394
- Stocks and contracts -€1,878
down €1,878 (-6.9%), from €27,393 to €25,515
- Other debts -€26,445
down €26,445 (-44.8%), from €59,002 to €32,557
- Trade debts +€23,467
up €23,467 (+59.6%), from €39,380 to €62,847
- Profit (loss) carried forward +€7,166
up €7,166 (+4.5%), from -€159,385 to -€152,219
- Tax, wage and social debts -€3,774
down €3,774 (-21.5%), from €17,527 to €13,753
of which Remuneration and social security: -€5,771
- Purchases and services +€95,120
up €95,120 (+68.7%), from €138,398 to €233,518
- Turnover +€73,745
up €73,745 (+37.1%), from €198,912 to €272,657
- Gross operating margin -€21,260
down €21,260 (-35.1%), from €60,514 to €39,254
- Staff costs -€21,149
down €21,149 (-42.5%), from €49,804 to €28,655
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,024 | €47,438 | +€414 | +0.9% |
| Fixed assets | 21/28 | €4,418 | €2,518 | -€1,900 | -43.0% |
| Tangible fixed assets | 22/27 | €4,294 | €2,394 | -€1,900 | -44.3% |
| Plant, machinery and equipment | 23 | €4,294 | €2,394 | -€1,900 | -44.3% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €42,606 | €44,920 | +€2,314 | +5.4% |
| Stocks and contracts in progress | 3 | €27,393 | €25,515 | -€1,878 | -6.9% |
| Stocks | 30/36 | €27,393 | €25,515 | -€1,878 | -6.9% |
| Amounts receivable within one year | 40/41 | €3,251 | €14,996 | +€11,745 | +361% |
| Trade receivables | 40 | €3,251 | €14,996 | +€11,745 | +361% |
| Cash at bank and in hand | 54/58 | €11,963 | €4,410 | -€7,553 | -63.1% |
| Total equity and liabilities | 10/49 | €47,024 | €47,438 | +€414 | +0.9% |
| Equity | 10/15 | -€97,385 | -€90,219 | +€7,166 | +7.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€159,385 | -€152,219 | +€7,166 | +4.5% |
| Amounts payable | 17/49 | €144,409 | €137,657 | -€6,753 | -4.7% |
| Amounts payable after more than one year | 17 | €28,500 | €28,500 | = | 0.0% |
| Financial debts | 170/4 | €28,500 | €28,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €115,909 | €109,157 | -€6,753 | -5.8% |
| Trade debts | 44 | €39,380 | €62,847 | +€23,467 | +59.6% |
| Suppliers | 440/4 | €39,380 | €62,847 | +€23,467 | +59.6% |
| Taxes, remuneration and social security | 45 | €17,527 | €13,753 | -€3,774 | -21.5% |
| Taxes | 450/3 | €6,373 | €8,370 | +€1,997 | +31.3% |
| Remuneration and social security | 454/9 | €11,154 | €5,382 | -€5,771 | -51.7% |
| Other amounts payable | 47/48 | €59,002 | €32,557 | -€26,445 | -44.8% |
| Turnover | 70 | €198,912 | €272,657 | +€73,745 | +37.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €138,398 | €233,518 | +€95,120 | +68.7% |
| Remuneration, social security and pensions | 62 | €49,804 | €28,655 | -€21,149 | -42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,900 | €1,900 | = | 0.0% |
| Other operating charges | 640/8 | €939 | €695 | -€244 | -26.0% |
| Gross operating margin | 9900 | €60,514 | €39,254 | -€21,260 | -35.1% |
| Operating profit (loss) | 9901 | €7,871 | €8,005 | +€134 | +1.7% |
| Financial charges | 65/66B | €633 | €838 | +€205 | +32.3% |
| Recurring financial charges | 65 | €633 | €838 | +€205 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €7,237 | €7,166 | -€71 | -1.0% |
| Profit (loss) for the period | 9904 | €7,237 | €7,166 | -€71 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,237 | €7,166 | -€71 | -1.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.