DAH 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.
DAH Management
Largest movements
- Receivables within one year -€744,538
down €744,538 (-95.9%), from €776,044 to €31,506
of which Trade receivables: -€495,245
- Receivables after one year +€326,910
new in 2024: €326,910
- Tangible fixed assets +€59,808
up €59,808 (+47.4%), from €126,143 to €185,951
of which Other tangible fixed assets: +€71,090
- Intangible fixed assets -€28,571
down €28,571 (-16.6%), from €171,742 to €143,170
- Trade debts -€546,731
down €546,731 (-86.4%), from €632,746 to €86,016
- Debts after one year +€273,621
new in 2024: €273,621
- Advances received -€251,994
no longer reported in 2024 (was €251,994)
- Other debts +€122,784
up €122,784 (+169%), from €72,699 to €195,483
- Profit (loss) carried forward +€37,174
up €37,174 (+91.1%), from €40,783 to €77,957
- Staff costs -€184,209
down €184,209 (-42.5%), from €433,332 to €249,123
- Gross operating margin -€179,541
down €179,541 (-29.6%), from €606,604 to €427,064
- Financial charges +€27,107
up €27,107 (+108%), from €25,075 to €52,181
- Other operating charges -€18,214
down €18,214 (-47.1%), from €38,700 to €20,486
- Depreciation +€6,068
up €6,068 (+12.8%), from €47,328 to €53,396
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 | €1,156,488 | €771,054 | -€385,434 | -33.3% |
| Fixed assets | 21/28 | €347,884 | €379,121 | +€31,237 | +9.0% |
| Intangible fixed assets | 21 | €171,742 | €143,170 | -€28,571 | -16.6% |
| Tangible fixed assets | 22/27 | €126,143 | €185,951 | +€59,808 | +47.4% |
| Furniture and vehicles | 24 | €80,917 | €69,635 | -€11,282 | -13.9% |
| Other tangible fixed assets | 26 | €45,225 | €116,316 | +€71,090 | +157% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €808,604 | €391,933 | -€416,671 | -51.5% |
| Amounts receivable after more than one year | 29 | - | €326,910 | +€326,910 | |
| Trade receivables | 290 | - | €326,910 | +€326,910 | |
| Stocks and contracts in progress | 3 | €10,915 | €18,565 | +€7,650 | +70.1% |
| Stocks | 30/36 | €10,915 | €18,565 | +€7,650 | +70.1% |
| Amounts receivable within one year | 40/41 | €776,044 | €31,506 | -€744,538 | -95.9% |
| Trade receivables | 40 | €495,245 | €0 | -€495,245 | -100% |
| Other amounts receivable | 41 | €280,799 | €31,506 | -€249,293 | -88.8% |
| Cash at bank and in hand | 54/58 | €21,183 | €14,952 | -€6,231 | -29.4% |
| Deferred charges and accrued income | 490/1 | €461 | €0 | -€461 | -100% |
| Total equity and liabilities | 10/49 | €1,156,488 | €771,054 | -€385,434 | -33.3% |
| Equity | 10/15 | €43,283 | €80,457 | +€37,174 | +85.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,783 | €77,957 | +€37,174 | +91.1% |
| Amounts payable | 17/49 | €1,113,205 | €690,598 | -€422,608 | -38.0% |
| Amounts payable after more than one year | 17 | - | €273,621 | +€273,621 | |
| Other amounts payable | 178/9 | - | €273,621 | +€273,621 | |
| Amounts payable within one year | 42/48 | €1,113,205 | €416,977 | -€696,229 | -62.5% |
| Trade debts | 44 | €632,746 | €86,016 | -€546,731 | -86.4% |
| Suppliers | 440/4 | €632,746 | €86,016 | -€546,731 | -86.4% |
| Advances received on contracts in progress | 46 | €251,994 | - | -€251,994 | |
| Taxes, remuneration and social security | 45 | €155,766 | €135,478 | -€20,288 | -13.0% |
| Taxes | 450/3 | €103,738 | €88,365 | -€15,373 | -14.8% |
| Remuneration and social security | 454/9 | €52,028 | €47,113 | -€4,914 | -9.4% |
| Other amounts payable | 47/48 | €72,699 | €195,483 | +€122,784 | +169% |
| Remuneration, social security and pensions | 62 | €433,332 | €249,123 | -€184,209 | -42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,328 | €53,396 | +€6,068 | +12.8% |
| Other operating charges | 640/8 | €38,700 | €20,486 | -€18,214 | -47.1% |
| Gross operating margin | 9900 | €606,604 | €427,064 | -€179,541 | -29.6% |
| Operating profit (loss) | 9901 | €87,244 | €104,058 | +€16,814 | +19.3% |
| Financial income | 75/76B | €9 | €0 | -€9 | -98.5% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -98.5% |
| Financial charges | 65/66B | €25,075 | €52,181 | +€27,107 | +108% |
| Recurring financial charges | 65 | €25,075 | €52,181 | +€27,107 | +108% |
| Profit (loss) for the period before taxes | 9903 | €62,179 | €51,877 | -€10,302 | -16.6% |
| Income taxes | 67/77 | €12,855 | €14,703 | +€1,848 | +14.4% |
| Profit (loss) for the period | 9904 | €49,324 | €37,174 | -€12,150 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,324 | €37,174 | -€12,150 | -24.6% |
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 17 October 2026 via checked.be.