DBHO: 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.
DBHO
Largest movements
- Receivables within one year -€36,604
down €36,604 (-58.4%), from €62,672 to €26,067
of which Trade receivables: -€53,699
- Cash -€3,795
down €3,795 (-3.8%), from €100,122 to €96,328
mainly Contributions, distributions and other (-€40,000) and Trade debts (-€25,033)
- Trade debts -€25,033
down €25,033 (-98.1%), from €25,509 to €476
- Tax, wage and social debts -€23,909
down €23,909 (-42.6%), from €56,176 to €32,268
of which Taxes: -€19,619
- Other debts +€12,363
up €12,363 (+42.6%), from €29,022 to €41,385
- Reserves -€2,669
down €2,669 (-5.4%), from €49,543 to €46,874
of which Distributable reserves: -€2,669
- Gross operating margin -€78,434
down €78,434 (-59.2%), from €132,595 to €54,161
- Taxes -€31,401
down €31,401 (-74.9%), from €41,901 to €10,499
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 | €178,851 | €139,603 | -€39,248 | -21.9% |
| Fixed assets | 21/28 | €15,533 | €15,580 | +€47 | +0.3% |
| Tangible fixed assets | 22/27 | €15,413 | €15,460 | +€47 | +0.3% |
| Furniture and vehicles | 24 | €1,940 | €2,133 | +€193 | +9.9% |
| Other tangible fixed assets | 26 | €13,473 | €13,327 | -€146 | -1.1% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €163,318 | €124,023 | -€39,294 | -24.1% |
| Amounts receivable within one year | 40/41 | €62,672 | €26,067 | -€36,604 | -58.4% |
| Trade receivables | 40 | €59,893 | €6,195 | -€53,699 | -89.7% |
| Other amounts receivable | 41 | €2,778 | €19,873 | +€17,094 | +615.3% |
| Cash at bank and in hand | 54/58 | €100,122 | €96,328 | -€3,795 | -3.8% |
| Deferred charges and accrued income | 490/1 | €524 | €1,628 | +€1,105 | +211.0% |
| Total equity and liabilities | 10/49 | €178,851 | €139,603 | -€39,248 | -21.9% |
| Equity | 10/15 | €68,143 | €65,474 | -€2,669 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,543 | €46,874 | -€2,669 | -5.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,149 | €5,149 | = | 0.0% |
| Distributable reserves | 133 | €42,533 | €39,864 | -€2,669 | -6.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €110,708 | €74,129 | -€36,579 | -33.0% |
| Amounts payable within one year | 42/48 | €110,708 | €74,129 | -€36,579 | -33.0% |
| Trade debts | 44 | €25,509 | €476 | -€25,033 | -98.1% |
| Suppliers | 440/4 | €25,509 | €476 | -€25,033 | -98.1% |
| Taxes, remuneration and social security | 45 | €56,176 | €32,268 | -€23,909 | -42.6% |
| Taxes | 450/3 | €50,769 | €31,150 | -€19,619 | -38.6% |
| Remuneration and social security | 454/9 | €5,408 | €1,118 | -€4,289 | -79.3% |
| Other amounts payable | 47/48 | €29,022 | €41,385 | +€12,363 | +42.6% |
| Non-recurring operating income | 76A | €4,109 | €0 | -€4,109 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,030 | €3,934 | -€1,096 | -21.8% |
| Other operating charges | 640/8 | €630 | €1,019 | +€389 | +61.8% |
| Gross operating margin | 9900 | €132,595 | €54,161 | -€78,434 | -59.2% |
| Operating profit (loss) | 9901 | €126,935 | €49,209 | -€77,727 | -61.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €1,441 | €1,378 | -€62 | -4.3% |
| Recurring financial charges | 65 | €1,441 | €1,378 | -€62 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €125,495 | €47,830 | -€77,665 | -61.9% |
| Income taxes | 67/77 | €41,901 | €10,499 | -€31,401 | -74.9% |
| Profit (loss) for the period | 9904 | €83,594 | €37,331 | -€46,264 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,594 | €37,331 | -€46,264 | -55.3% |
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.