D'Honnafresh: what changed
Two fiscal 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'Honnafresh
Largest movements
- Tangible fixed assets -€26,662
down €26,662 (-29.6%), from €90,217 to €63,555
of which Other tangible fixed assets: -€23,102
- Receivables within one year -€15,567
down €15,567 (-90.2%), from €17,250 to €1,683
- Cash -€4,363
down €4,363 (-67.9%), from €6,421 to €2,058
mainly Trade debts (-€37,673) and Net result for the year (-€8,151)
- Trade debts -€37,673
down €37,673 (-24.1%), from €156,271 to €118,598
- Tax, wage and social debts +€8,408
up €8,408 (+14.5%), from €58,121 to €66,529
of which Remuneration and social security: +€14,362
- Profit (loss) carried forward -€8,151
down €8,151 (-9.9%), from -€82,745 to -€90,896
- Other debts -€4,539
down €4,539 (-100.0%), from €4,539 to €0
- Accrued charges and deferred income -€3,339
down €3,339 (-100.0%), from €3,339 to €0
- Gross operating margin +€22,030
up €22,030 (+12.8%), from €171,955 to €193,986
- Financial charges -€4,891
down €4,891 (-63.7%), from €7,678 to €2,787
- Staff costs +€4,510
up €4,510 (+2.8%), from €163,038 to €167,548
- Other operating charges +€2,281
up €2,281 (+384.0%), from €594 to €2,875
- Depreciation -€1,969
down €1,969 (-6.6%), from €29,939 to €27,971
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 | €161,994 | €114,396 | -€47,598 | -29.4% |
| Fixed assets | 21/28 | €92,317 | €65,655 | -€26,662 | -28.9% |
| Tangible fixed assets | 22/27 | €90,217 | €63,555 | -€26,662 | -29.6% |
| Plant, machinery and equipment | 23 | €5,392 | €3,743 | -€1,650 | -30.6% |
| Furniture and vehicles | 24 | €2,617 | €707 | -€1,910 | -73.0% |
| Other tangible fixed assets | 26 | €82,207 | €59,105 | -€23,102 | -28.1% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €69,677 | €48,741 | -€20,936 | -30.0% |
| Stocks and contracts in progress | 3 | €45,352 | €45,000 | -€352 | -0.8% |
| Stocks | 30/36 | €45,352 | €45,000 | -€352 | -0.8% |
| Amounts receivable within one year | 40/41 | €17,250 | €1,683 | -€15,567 | -90.2% |
| Other amounts receivable | 41 | €17,250 | €1,683 | -€15,567 | -90.2% |
| Cash at bank and in hand | 54/58 | €6,421 | €2,058 | -€4,363 | -67.9% |
| Deferred charges and accrued income | 490/1 | €655 | €0 | -€655 | -100.0% |
| Total equity and liabilities | 10/49 | €161,994 | €114,396 | -€47,598 | -29.4% |
| Equity | 10/15 | -€62,580 | -€70,731 | -€8,151 | -13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,565 | €1,565 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,565 | €1,565 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,745 | -€90,896 | -€8,151 | -9.9% |
| Amounts payable | 17/49 | €224,574 | €185,127 | -€39,447 | -17.6% |
| Amounts payable after more than one year | 17 | €2,302 | €0 | -€2,302 | -100.0% |
| Financial debts | 170/4 | €2,302 | €0 | -€2,302 | -100.0% |
| Amounts payable within one year | 42/48 | €218,932 | €185,127 | -€33,805 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €156,271 | €118,598 | -€37,673 | -24.1% |
| Suppliers | 440/4 | €156,271 | €118,598 | -€37,673 | -24.1% |
| Taxes, remuneration and social security | 45 | €58,121 | €66,529 | +€8,408 | +14.5% |
| Taxes | 450/3 | €50,281 | €44,327 | -€5,954 | -11.8% |
| Remuneration and social security | 454/9 | €7,840 | €22,202 | +€14,362 | +183.2% |
| Other amounts payable | 47/48 | €4,539 | €0 | -€4,539 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,339 | €0 | -€3,339 | -100.0% |
| Remuneration, social security and pensions | 62 | €163,038 | €167,548 | +€4,510 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,939 | €27,971 | -€1,969 | -6.6% |
| Other operating charges | 640/8 | €594 | €2,875 | +€2,281 | +384.0% |
| Non-recurring operating charges | 66A | - | €657 | +€657 | |
| Gross operating margin | 9900 | €171,955 | €193,986 | +€22,030 | +12.8% |
| Operating profit (loss) | 9901 | -€21,616 | -€5,066 | +€16,550 | +76.6% |
| Financial income | 75/76B | €251 | €10 | -€242 | -96.2% |
| Recurring financial income | 75 | €251 | €10 | -€242 | -96.2% |
| Financial charges | 65/66B | €7,678 | €2,787 | -€4,891 | -63.7% |
| Recurring financial charges | 65 | €7,678 | €2,787 | -€4,891 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | -€29,043 | -€7,843 | +€21,199 | +73.0% |
| Income taxes | 67/77 | €760 | €308 | -€452 | -59.5% |
| Profit (loss) for the period | 9904 | -€29,803 | -€8,151 | +€21,652 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,803 | -€8,151 | +€21,652 | +72.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.