D.H.ENGINEERING: 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.ENGINEERING
Largest movements
- Receivables within one year -€68,550
down €68,550 (-51.4%), from €133,439 to €64,889
of which Trade receivables: -€77,777
- Cash +€34,432
up €34,432 (+130.1%), from €26,457 to €60,888
mainly Receivables within one year (+€68,550) and Depreciation (+€22,870)
- Tangible fixed assets -€12,986
down €12,986 (-5.9%), from €221,007 to €208,021
of which Land and buildings: -€7,885
- Debts after one year -€18,348
down €18,348 (-45.5%), from €40,312 to €21,964
- Tax, wage and social debts -€16,407
down €16,407 (-43.1%), from €38,100 to €21,693
of which Taxes: -€19,112
- Provisions -€15,000
down €15,000 (-14.2%), from €105,328 to €90,328
- Trade debts +€3,937
up €3,937 (+69.8%), from €5,640 to €9,577
- Gross operating margin -€47,689
down €47,689 (-60.6%), from €78,753 to €31,064
- Taxes -€12,513
down €12,513 (-87.4%), from €14,315 to €1,802
- Depreciation -€2,424
down €2,424 (-9.6%), from €25,294 to €22,870
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.
Cash bridge derived
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 | €383,854 | €337,731 | -€46,122 | -12.0% |
| Fixed assets | 21/28 | €221,088 | €208,102 | -€12,986 | -5.9% |
| Tangible fixed assets | 22/27 | €221,007 | €208,021 | -€12,986 | -5.9% |
| Land and buildings | 22 | €154,056 | €146,171 | -€7,885 | -5.1% |
| Furniture and vehicles | 24 | €17,753 | €17,953 | +€200 | +1.1% |
| Other tangible fixed assets | 26 | €49,198 | €43,897 | -€5,300 | -10.8% |
| Financial fixed assets | 28 | €81 | €81 | = | 0.0% |
| Current assets | 29/58 | €162,766 | €129,629 | -€33,136 | -20.4% |
| Amounts receivable within one year | 40/41 | €133,439 | €64,889 | -€68,550 | -51.4% |
| Trade receivables | 40 | €132,430 | €54,653 | -€77,777 | -58.7% |
| Other amounts receivable | 41 | €1,009 | €10,236 | +€9,227 | +914.2% |
| Cash at bank and in hand | 54/58 | €26,457 | €60,888 | +€34,432 | +130.1% |
| Deferred charges and accrued income | 490/1 | €2,870 | €3,852 | +€982 | +34.2% |
| Total equity and liabilities | 10/49 | €383,854 | €337,731 | -€46,122 | -12.0% |
| Equity | 10/15 | €173,240 | €173,628 | +€388 | +0.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €151,810 | €152,190 | +€380 | +0.3% |
| Distributable reserves | 133 | €151,810 | €152,190 | +€380 | +0.3% |
| Profit (loss) carried forward | 14 | €970 | €978 | +€8 | +0.8% |
| Provisions and deferred taxes | 16 | €105,328 | €90,328 | -€15,000 | -14.2% |
| Provisions for liabilities and charges | 160/5 | €105,328 | €90,328 | -€15,000 | -14.2% |
| Pensions and similar obligations | 160 | €105,328 | €90,328 | -€15,000 | -14.2% |
| Amounts payable | 17/49 | €105,286 | €73,775 | -€31,510 | -29.9% |
| Amounts payable after more than one year | 17 | €40,312 | €21,964 | -€18,348 | -45.5% |
| Financial debts | 170/4 | €40,312 | €21,964 | -€18,348 | -45.5% |
| Amounts payable within one year | 42/48 | €64,974 | €51,811 | -€13,163 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €17,931 | €18,348 | +€416 | +2.3% |
| Trade debts | 44 | €5,640 | €9,577 | +€3,937 | +69.8% |
| Suppliers | 440/4 | €5,640 | €9,577 | +€3,937 | +69.8% |
| Taxes, remuneration and social security | 45 | €38,100 | €21,693 | -€16,407 | -43.1% |
| Taxes | 450/3 | €38,100 | €18,988 | -€19,112 | -50.2% |
| Remuneration and social security | 454/9 | - | €2,705 | +€2,705 | |
| Other amounts payable | 47/48 | €3,303 | €2,195 | -€1,108 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,294 | €22,870 | -€2,424 | -9.6% |
| Other operating charges | 640/8 | €3,775 | €4,351 | +€577 | +15.3% |
| Gross operating margin | 9900 | €78,753 | €31,064 | -€47,689 | -60.6% |
| Operating profit (loss) | 9901 | €49,684 | €3,842 | -€45,842 | -92.3% |
| Financial income | 75/76B | €0 | €2 | +€2 | +653.3% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +653.3% |
| Financial charges | 65/66B | €2,129 | €1,655 | -€474 | -22.3% |
| Recurring financial charges | 65 | €2,129 | €1,655 | -€474 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €47,555 | €2,190 | -€45,366 | -95.4% |
| Income taxes | 67/77 | €14,315 | €1,802 | -€12,513 | -87.4% |
| Profit (loss) for the period | 9904 | €33,241 | €388 | -€32,853 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,241 | €388 | -€32,853 | -98.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.