DEHALU BROADWAY: 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.
DEHALU BROADWAY
Largest movements
- Stocks and contracts +€36,448
up €36,448 (+43.0%), from €84,762 to €121,210
- Cash -€26,851
down €26,851 (-62.5%), from €42,949 to €16,098
- Receivables within one year -€20,359
down €20,359 (-41.2%), from €49,471 to €29,112
- Intangible fixed assets +€10,738
new in 2025: €10,738
- Profit (loss) carried forward -€18,661
down €18,661 (-66.3%), from -€28,156 to -€46,818
- Tax, wage and social debts +€14,215
up €14,215 (+121.4%), from €11,713 to €25,928
of which Remuneration and social security: +€12,614
- Other debts +€8,861
up €8,861 (+235.8%), from €3,758 to €12,620
- Trade debts -€6,012
down €6,012 (-21.2%), from €28,385 to €22,373
- Staff costs +€55,847
up €55,847 (+499.8%), from €11,174 to €67,022
- Gross operating margin +€31,132
up €31,132 (+94.6%), from €32,897 to €64,029
- Financial income -€2,531
no longer reported in 2025 (was €2,531)
- Financial charges -€1,925
down €1,925 (-41.3%), from €4,660 to €2,735
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,239 | €178,641 | -€1,598 | -0.9% |
| Fixed assets | 21/28 | €2,795 | €11,938 | +€9,143 | +327.1% |
| Intangible fixed assets | 21 | - | €10,738 | +€10,738 | |
| Tangible fixed assets | 22/27 | €1,595 | - | -€1,595 | |
| Furniture and vehicles | 24 | €1,595 | - | -€1,595 | |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €177,444 | €166,704 | -€10,740 | -6.1% |
| Stocks and contracts in progress | 3 | €84,762 | €121,210 | +€36,448 | +43.0% |
| Stocks | 30/36 | €84,762 | €121,210 | +€36,448 | +43.0% |
| Amounts receivable within one year | 40/41 | €49,471 | €29,112 | -€20,359 | -41.2% |
| Trade receivables | 40 | €49,471 | €29,112 | -€20,359 | -41.2% |
| Cash at bank and in hand | 54/58 | €42,949 | €16,098 | -€26,851 | -62.5% |
| Deferred charges and accrued income | 490/1 | €263 | €284 | +€22 | +8.2% |
| Total equity and liabilities | 10/49 | €180,239 | €178,641 | -€1,598 | -0.9% |
| Equity | 10/15 | €136,383 | €117,721 | -€18,661 | -13.7% |
| Contributions | 10/11 | €149,579 | €149,579 | = | 0.0% |
| Reserves | 13 | €14,960 | €14,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,960 | €14,960 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €14,960 | +€14,960 | |
| Other | 1319 | €14,960 | - | -€14,960 | |
| Profit (loss) carried forward | 14 | -€28,156 | -€46,818 | -€18,661 | -66.3% |
| Amounts payable | 17/49 | €43,857 | €60,920 | +€17,064 | +38.9% |
| Amounts payable within one year | 42/48 | €43,857 | €60,920 | +€17,064 | +38.9% |
| Trade debts | 44 | €28,385 | €22,373 | -€6,012 | -21.2% |
| Suppliers | 440/4 | €28,385 | €22,373 | -€6,012 | -21.2% |
| Taxes, remuneration and social security | 45 | €11,713 | €25,928 | +€14,215 | +121.4% |
| Taxes | 450/3 | €8,115 | €9,715 | +€1,601 | +19.7% |
| Remuneration and social security | 454/9 | €3,599 | €16,213 | +€12,614 | +350.5% |
| Other amounts payable | 47/48 | €3,758 | €12,620 | +€8,861 | +235.8% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €11,174 | €67,022 | +€55,847 | +499.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,590 | €2,042 | -€547 | -21.1% |
| Other operating charges | 640/8 | €6,721 | €6,511 | -€210 | -3.1% |
| Gross operating margin | 9900 | €32,897 | €64,029 | +€31,132 | +94.6% |
| Operating profit (loss) | 9901 | €12,412 | -€11,546 | -€23,958 | |
| Financial income | 75/76B | €2,531 | - | -€2,531 | |
| Recurring financial income | 75 | €2,531 | - | -€2,531 | |
| Financial charges | 65/66B | €4,660 | €2,735 | -€1,925 | -41.3% |
| Recurring financial charges | 65 | €4,660 | €2,735 | -€1,925 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €10,283 | -€14,281 | -€24,564 | |
| Income taxes | 67/77 | €648 | €173 | -€475 | -73.3% |
| Profit (loss) for the period | 9904 | €9,635 | -€14,454 | -€24,089 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,635 | -€14,454 | -€24,089 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.