D.K.H. MANAGEMENT: 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.K.H. MANAGEMENT
Largest movements
- Cash -€88,661
down €88,661 (-93.9%), from €94,431 to €5,769
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€83,690)
- Receivables within one year +€83,690
up €83,690 (+13,833%), from €605 to €84,295
of which Other amounts receivable: +€80,109
- Stocks and contracts -€42,340
no longer reported in 2025 (was €42,340)
- Tangible fixed assets +€3,282
up €3,282 (+10.8%), from €30,411 to €33,693
of which Furniture and vehicles: +€3,282
- Tax, wage and social debts +€56,845
up €56,845 (+203%), from €27,973 to €84,817
- Trade debts -€55,120
no longer reported in 2025 (was €55,120)
- Profit (loss) carried forward -€27,385
down €27,385 (-44.9%), from €61,007 to €33,622
- Other debts -€18,369
no longer reported in 2025 (was €18,369)
- Gross operating margin +€72,051
up €72,051 (+107%), from €67,191 to €139,243
- Taxes +€41,248
up €41,248 (+464%), from €8,898 to €50,146
- Turnover +€36,220
up €36,220 (+14.7%), from €246,755 to €282,975
- Purchases and services -€24,096
down €24,096 (-13.5%), from €178,509 to €154,412
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 | €167,787 | €123,758 | -€44,029 | -26.2% |
| Fixed assets | 21/28 | €30,411 | €33,693 | +€3,282 | +10.8% |
| Tangible fixed assets | 22/27 | €30,411 | €33,693 | +€3,282 | +10.8% |
| Land and buildings | 22 | €23,500 | €23,500 | = | 0.0% |
| Furniture and vehicles | 24 | €6,911 | €10,193 | +€3,282 | +47.5% |
| Current assets | 29/58 | €137,376 | €90,064 | -€47,312 | -34.4% |
| Stocks and contracts in progress | 3 | €42,340 | - | -€42,340 | |
| Stocks | 30/36 | €42,340 | - | -€42,340 | |
| Amounts receivable within one year | 40/41 | €605 | €84,295 | +€83,690 | +13,833% |
| Trade receivables | 40 | €605 | €4,186 | +€3,581 | +592% |
| Other amounts receivable | 41 | - | €80,109 | +€80,109 | |
| Cash at bank and in hand | 54/58 | €94,431 | €5,769 | -€88,661 | -93.9% |
| Total equity and liabilities | 10/49 | €167,787 | €123,758 | -€44,029 | -26.2% |
| Equity | 10/15 | €66,325 | €38,940 | -€27,385 | -41.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,318 | €2,318 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,318 | €2,318 | = | 0.0% |
| Legal reserve | 130 | €2,318 | €2,318 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,007 | €33,622 | -€27,385 | -44.9% |
| Amounts payable | 17/49 | €101,462 | €84,817 | -€16,644 | -16.4% |
| Amounts payable within one year | 42/48 | €101,462 | €84,817 | -€16,644 | -16.4% |
| Trade debts | 44 | €55,120 | - | -€55,120 | |
| Suppliers | 440/4 | €55,120 | - | -€55,120 | |
| Taxes, remuneration and social security | 45 | €27,973 | €84,817 | +€56,845 | +203% |
| Taxes | 450/3 | €27,973 | €84,817 | +€56,845 | +203% |
| Other amounts payable | 47/48 | €18,369 | - | -€18,369 | |
| Turnover | 70 | €246,755 | €282,975 | +€36,220 | +14.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €178,509 | €154,412 | -€24,096 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,405 | €2,811 | +€406 | +16.9% |
| Other operating charges | 640/8 | €5,517 | €6,217 | +€700 | +12.7% |
| Non-recurring operating charges | 66A | - | €6,451 | +€6,451 | |
| Gross operating margin | 9900 | €67,191 | €139,243 | +€72,051 | +107% |
| Operating profit (loss) | 9901 | €59,269 | €123,764 | +€64,495 | +109% |
| Financial charges | 65/66B | €944 | €1,002 | +€58 | +6.1% |
| Recurring financial charges | 65 | €944 | €1,002 | +€58 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €58,325 | €122,761 | +€64,436 | +110% |
| Income taxes | 67/77 | €8,898 | €50,146 | +€41,248 | +464% |
| Profit (loss) for the period | 9904 | €49,427 | €72,615 | +€23,188 | +46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,427 | €72,615 | +€23,188 | +46.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.