DANHOG: 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.
DANHOG
Largest movements
- Tangible fixed assets -€30,722
down €30,722 (-7.7%), from €396,715 to €365,993
of which Furniture and vehicles: -€18,977
- Receivables within one year -€23,358
down €23,358 (-85.3%), from €27,396 to €4,038
of which Trade receivables: -€24,058
- Stocks and contracts +€12,380
up €12,380 (+26.9%), from €46,000 to €58,380
- Debts after one year -€64,518
down €64,518 (-18.6%), from €347,135 to €282,617
- Profit (loss) carried forward +€32,280
up €32,280, from -€5,710 to €26,570
- Tax, wage and social debts +€15,845
up €15,845 (+240.4%), from €6,590 to €22,435
of which Remuneration and social security: +€22,435
- Trade debts -€12,432
down €12,432 (-34.8%), from €35,681 to €23,248
- Other debts -€10,872
down €10,872 (-57.3%), from €18,989 to €8,117
- Gross operating margin +€45,565
up €45,565 (+69.1%), from €65,969 to €111,534
- Financial charges +€20,354
up €20,354 (+459.6%), from €4,429 to €24,782
- Staff costs -€18,278
down €18,278 (-94.7%), from €19,298 to €1,020
- Taxes +€11,685
up €11,685 (+217.4%), from €5,375 to €17,060
- Other operating charges -€1,762
down €1,762 (-23.7%), from €7,433 to €5,671
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 | €481,177 | €435,438 | -€45,739 | -9.5% |
| Fixed assets | 21/28 | €396,715 | €365,993 | -€30,722 | -7.7% |
| Tangible fixed assets | 22/27 | €396,715 | €365,993 | -€30,722 | -7.7% |
| Land and buildings | 22 | €341,321 | €331,043 | -€10,278 | -3.0% |
| Plant, machinery and equipment | 23 | €9,835 | €8,367 | -€1,467 | -14.9% |
| Furniture and vehicles | 24 | €45,559 | €26,582 | -€18,977 | -41.7% |
| Current assets | 29/58 | €84,462 | €69,446 | -€15,017 | -17.8% |
| Stocks and contracts in progress | 3 | €46,000 | €58,380 | +€12,380 | +26.9% |
| Stocks | 30/36 | €46,000 | €58,380 | +€12,380 | +26.9% |
| Amounts receivable within one year | 40/41 | €27,396 | €4,038 | -€23,358 | -85.3% |
| Trade receivables | 40 | €24,235 | €177 | -€24,058 | -99.3% |
| Other amounts receivable | 41 | €3,161 | €3,861 | +€700 | +22.1% |
| Cash at bank and in hand | 54/58 | €11,066 | €7,027 | -€4,039 | -36.5% |
| Total equity and liabilities | 10/49 | €481,177 | €435,438 | -€45,739 | -9.5% |
| Equity | 10/15 | €40,602 | €72,882 | +€32,280 | +79.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,712 | €27,712 | = | 0.0% |
| Distributable reserves | 133 | €27,712 | €27,712 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,710 | €26,570 | +€32,280 | |
| Amounts payable | 17/49 | €440,575 | €362,556 | -€78,019 | -17.7% |
| Amounts payable after more than one year | 17 | €347,135 | €282,617 | -€64,518 | -18.6% |
| Financial debts | 170/4 | €347,135 | €282,617 | -€64,518 | -18.6% |
| Amounts payable within one year | 42/48 | €93,440 | €79,939 | -€13,501 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €32,180 | €26,139 | -€6,042 | -18.8% |
| Trade debts | 44 | €35,681 | €23,248 | -€12,432 | -34.8% |
| Suppliers | 440/4 | €35,681 | €23,248 | -€12,432 | -34.8% |
| Taxes, remuneration and social security | 45 | €6,590 | €22,435 | +€15,845 | +240.4% |
| Taxes | 450/3 | €6,590 | - | -€6,590 | |
| Remuneration and social security | 454/9 | - | €22,435 | +€22,435 | |
| Other amounts payable | 47/48 | €18,989 | €8,117 | -€10,872 | -57.3% |
| Remuneration, social security and pensions | 62 | €19,298 | €1,020 | -€18,278 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,363 | €30,722 | +€359 | +1.2% |
| Other operating charges | 640/8 | €7,433 | €5,671 | -€1,762 | -23.7% |
| Gross operating margin | 9900 | €65,969 | €111,534 | +€45,565 | +69.1% |
| Operating profit (loss) | 9901 | €8,875 | €74,121 | +€65,246 | +735.2% |
| Financial income | 75/76B | €1 | €1 | +€0 | +58.5% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +58.5% |
| Financial charges | 65/66B | €4,429 | €24,782 | +€20,354 | +459.6% |
| Recurring financial charges | 65 | €4,429 | €24,782 | +€20,354 | +459.6% |
| Profit (loss) for the period before taxes | 9903 | €4,447 | €49,339 | +€44,893 | +1009.6% |
| Income taxes | 67/77 | €5,375 | €17,060 | +€11,685 | +217.4% |
| Profit (loss) for the period | 9904 | -€928 | €32,280 | +€33,208 | |
| Profit (loss) for the period to be appropriated | 9905 | -€928 | €32,280 | +€33,208 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.