DEDHAC: 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.
DEDHAC
Largest movements
- Cash +€76,331
up €76,331 (+65.9%), from €115,884 to €192,215
mainly Net result for the year (+€88,879) and Depreciation (+€32,948)
- Tangible fixed assets -€25,594
down €25,594 (-5.7%), from €447,417 to €421,823
of which Furniture and vehicles: -€20,649
- Receivables within one year +€14,750
up €14,750 (+20.6%), from €71,698 to €86,449
of which Trade receivables: +€9,494
- Profit (loss) carried forward +€88,879
up €88,879 (+23.1%), from €384,255 to €473,134
- Debts after one year -€34,740
down €34,740 (-24.9%), from €139,791 to €105,051
- Tax, wage and social debts +€16,500
up €16,500 (+29.3%), from €56,335 to €72,835
of which Taxes: +€16,525
- Gross operating margin +€60,490
up €60,490 (+39.0%), from €155,226 to €215,716
- Taxes +€13,651
up €13,651 (+84.0%), from €16,247 to €29,898
- Depreciation +€9,009
up €9,009 (+37.6%), from €23,939 to €32,948
- Staff costs +€2,831
up €2,831 (+5.2%), from €54,357 to €57,188
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 | €639,361 | €706,959 | +€67,598 | +10.6% |
| Fixed assets | 21/28 | €448,599 | €422,388 | -€26,211 | -5.8% |
| Intangible fixed assets | 21 | €1,182 | €565 | -€617 | -52.2% |
| Tangible fixed assets | 22/27 | €447,417 | €421,823 | -€25,594 | -5.7% |
| Land and buildings | 22 | €351,786 | €343,990 | -€7,796 | -2.2% |
| Plant, machinery and equipment | 23 | €6,036 | €8,887 | +€2,851 | +47.2% |
| Furniture and vehicles | 24 | €89,595 | €68,947 | -€20,649 | -23.0% |
| Current assets | 29/58 | €190,762 | €284,571 | +€93,809 | +49.2% |
| Amounts receivable within one year | 40/41 | €71,698 | €86,449 | +€14,750 | +20.6% |
| Trade receivables | 40 | €39,534 | €49,029 | +€9,494 | +24.0% |
| Other amounts receivable | 41 | €32,164 | €37,420 | +€5,256 | +16.3% |
| Cash at bank and in hand | 54/58 | €115,884 | €192,215 | +€76,331 | +65.9% |
| Deferred charges and accrued income | 490/1 | €3,180 | €5,907 | +€2,727 | +85.8% |
| Total equity and liabilities | 10/49 | €639,361 | €706,959 | +€67,598 | +10.6% |
| Equity | 10/15 | €404,715 | €493,594 | +€88,879 | +22.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €384,255 | €473,134 | +€88,879 | +23.1% |
| Amounts payable | 17/49 | €234,646 | €213,365 | -€21,281 | -9.1% |
| Amounts payable after more than one year | 17 | €139,791 | €105,051 | -€34,740 | -24.9% |
| Financial debts | 170/4 | €139,791 | €105,051 | -€34,740 | -24.9% |
| Amounts payable within one year | 42/48 | €94,856 | €108,314 | +€13,459 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €34,115 | €34,740 | +€625 | +1.8% |
| Trade debts | 44 | €4,406 | €740 | -€3,666 | -83.2% |
| Suppliers | 440/4 | €4,406 | €740 | -€3,666 | -83.2% |
| Taxes, remuneration and social security | 45 | €56,335 | €72,835 | +€16,500 | +29.3% |
| Taxes | 450/3 | €56,309 | €72,835 | +€16,525 | +29.3% |
| Remuneration and social security | 454/9 | €25 | - | -€25 | |
| Non-recurring operating income | 76A | €15,947 | - | -€15,947 | |
| Remuneration, social security and pensions | 62 | €54,357 | €57,188 | +€2,831 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,939 | €32,948 | +€9,009 | +37.6% |
| Other operating charges | 640/8 | €3,832 | €3,462 | -€371 | -9.7% |
| Non-recurring operating charges | 66A | €112 | - | -€112 | |
| Gross operating margin | 9900 | €155,226 | €215,716 | +€60,490 | +39.0% |
| Operating profit (loss) | 9901 | €72,985 | €122,118 | +€49,132 | +67.3% |
| Financial income | 75/76B | €1,675 | €693 | -€982 | -58.6% |
| Recurring financial income | 75 | €1,675 | €693 | -€982 | -58.6% |
| Financial charges | 65/66B | €3,191 | €4,034 | +€843 | +26.4% |
| Recurring financial charges | 65 | €3,191 | €4,034 | +€843 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €71,469 | €118,777 | +€47,307 | +66.2% |
| Income taxes | 67/77 | €16,247 | €29,898 | +€13,651 | +84.0% |
| Profit (loss) for the period | 9904 | €55,223 | €88,879 | +€33,656 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,223 | €88,879 | +€33,656 | +60.9% |
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 19 October 2026 via checked.be.