D'HOSE & CO: 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'HOSE & CO
Largest movements
- Stocks and contracts +€72,295
up €72,295 (+10.1%), from €713,000 to €785,296
of which Stocks: +€70,352
- Cash -€31,220
down €31,220 (-13.5%), from €231,593 to €200,372
mainly Stocks and contracts (-€72,295) and Investment in fixed assets (net) (-€50,396)
- Receivables within one year +€29,001
up €29,001 (+63.9%), from €45,366 to €74,367
of which Trade receivables: +€26,212
- Tangible fixed assets -€20,287
down €20,287 (-7.4%), from €273,601 to €253,314
of which Land and buildings: -€26,039
- Other debts +€46,003
up €46,003 (+15.5%), from €295,861 to €341,864
- Trade debts +€37,885
up €37,885 (+55.9%), from €67,724 to €105,610
- Reserves -€32,153
down €32,153 (-7.0%), from €460,061 to €427,907
of which Distributable reserves: -€32,153
- Tax, wage and social debts -€15,953
down €15,953 (-86.0%), from €18,560 to €2,607
- Gross operating margin -€47,034
down €47,034 (-28.9%), from €162,981 to €115,947
- Taxes -€20,668
down €20,668 (-90.1%), from €22,943 to €2,274
- Financial charges +€7,319
up €7,319 (+32.6%), from €22,458 to €29,778
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 | €1,264,249 | €1,315,076 | +€50,827 | +4.0% |
| Fixed assets | 21/28 | €273,601 | €253,314 | -€20,287 | -7.4% |
| Tangible fixed assets | 22/27 | €273,601 | €253,314 | -€20,287 | -7.4% |
| Land and buildings | 22 | €169,970 | €143,931 | -€26,039 | -15.3% |
| Plant, machinery and equipment | 23 | €36,281 | €30,277 | -€6,004 | -16.5% |
| Furniture and vehicles | 24 | €8,409 | €3,362 | -€5,047 | -60.0% |
| Leasing and similar rights | 25 | €58,941 | €75,744 | +€16,803 | +28.5% |
| Current assets | 29/58 | €990,648 | €1,061,762 | +€71,114 | +7.2% |
| Stocks and contracts in progress | 3 | €713,000 | €785,296 | +€72,295 | +10.1% |
| Stocks | 30/36 | €457,520 | €527,872 | +€70,352 | +15.4% |
| Contracts in progress | 37 | €255,480 | €257,424 | +€1,943 | +0.8% |
| Amounts receivable within one year | 40/41 | €45,366 | €74,367 | +€29,001 | +63.9% |
| Trade receivables | 40 | €41,396 | €67,608 | +€26,212 | +63.3% |
| Other amounts receivable | 41 | €3,970 | €6,760 | +€2,790 | +70.3% |
| Cash at bank and in hand | 54/58 | €231,593 | €200,372 | -€31,220 | -13.5% |
| Deferred charges and accrued income | 490/1 | €689 | €1,726 | +€1,037 | +150.5% |
| Total equity and liabilities | 10/49 | €1,264,249 | €1,315,076 | +€50,827 | +4.0% |
| Equity | 10/15 | €522,061 | €489,907 | -€32,153 | -6.2% |
| 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% |
| Reserves | 13 | €460,061 | €427,907 | -€32,153 | -7.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,289 | €8,289 | = | 0.0% |
| Distributable reserves | 133 | €445,572 | €413,419 | -€32,153 | -7.2% |
| Amounts payable | 17/49 | €742,189 | €825,169 | +€82,980 | +11.2% |
| Amounts payable after more than one year | 17 | €208,845 | €217,123 | +€8,278 | +4.0% |
| Financial debts | 170/4 | €98,533 | €106,811 | +€8,278 | +8.4% |
| Other amounts payable | 178/9 | €110,313 | €110,313 | = | 0.0% |
| Amounts payable within one year | 42/48 | €522,875 | €595,375 | +€72,499 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €16,001 | €21,721 | +€5,720 | +35.7% |
| Financial debts | 43 | €124,730 | €123,574 | -€1,156 | -0.9% |
| Credit institutions | 430/8 | €124,730 | €123,574 | -€1,156 | -0.9% |
| Trade debts | 44 | €67,724 | €105,610 | +€37,885 | +55.9% |
| Suppliers | 440/4 | €67,724 | €105,610 | +€37,885 | +55.9% |
| Taxes, remuneration and social security | 45 | €18,560 | €2,607 | -€15,953 | -86.0% |
| Taxes | 450/3 | €18,560 | €2,607 | -€15,953 | -86.0% |
| Other amounts payable | 47/48 | €295,861 | €341,864 | +€46,003 | +15.5% |
| Accrued charges and deferred income | 492/3 | €10,468 | €12,671 | +€2,202 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,678 | €70,683 | +€5 | 0.0% |
| Other operating charges | 640/8 | €6,248 | €6,320 | +€72 | +1.2% |
| Gross operating margin | 9900 | €162,981 | €115,947 | -€47,034 | -28.9% |
| Operating profit (loss) | 9901 | €86,055 | €38,944 | -€47,112 | -54.7% |
| Financial income | 75/76B | €0 | €190 | +€189 | +210544.4% |
| Recurring financial income | 75 | €0 | €190 | +€189 | +210544.4% |
| Financial charges | 65/66B | €22,458 | €29,778 | +€7,319 | +32.6% |
| Recurring financial charges | 65 | €22,458 | €29,778 | +€7,319 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €63,597 | €9,355 | -€54,242 | -85.3% |
| Income taxes | 67/77 | €22,943 | €2,274 | -€20,668 | -90.1% |
| Profit (loss) for the period | 9904 | €40,655 | €7,081 | -€33,573 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,655 | €7,081 | -€33,573 | -82.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.