DEHEZ STABLES: 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.
DEHEZ STABLES
Largest movements
- Receivables within one year +€238,640
up €238,640 (+36.8%), from €648,909 to €887,549
of which Trade receivables: +€887,549
- Cash -€41,047
down €41,047 (-83.1%), from €49,419 to €8,372
mainly Receivables within one year (-€238,640) and Debts after one year (-€65,822)
- Stocks and contracts -€22,500
down €22,500 (-10.3%), from €218,930 to €196,430
- Trade debts +€221,523
up €221,523 (+37.9%), from €585,080 to €806,603
of which Bills of exchange payable: +€410,750
- Debts after one year -€65,822
down €65,822 (-44.0%), from €149,634 to €83,812
of which Advances received on contracts in progress: -€36,751
- Other debts +€12,978
new in 2024: €12,978
- Turnover +€1.2m
new in 2024: €1.2m
- Purchases and services +€1.0m
new in 2024: €1.0m
- Gross operating margin -€154,340
no longer reported in 2024 (was €154,340)
- Staff costs -€151,440
down €151,440, from €79,317 to -€72,123
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 | €982,637 | €1,162,802 | +€180,165 | +18.3% |
| Fixed assets | 21/28 | €65,378 | €70,451 | +€5,073 | +7.8% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €65,378 | €70,451 | +€5,073 | +7.8% |
| Land and buildings | 22 | €3,341 | €5,433 | +€2,092 | +62.6% |
| Plant, machinery and equipment | 23 | €14,932 | €30,626 | +€15,693 | +105% |
| Furniture and vehicles | 24 | €47,105 | €34,392 | -€12,712 | -27.0% |
| Current assets | 29/58 | €917,259 | €1,092,351 | +€175,092 | +19.1% |
| Stocks and contracts in progress | 3 | €218,930 | €196,430 | -€22,500 | -10.3% |
| Stocks | 30/36 | €218,930 | €196,430 | -€22,500 | -10.3% |
| Amounts receivable within one year | 40/41 | €648,909 | €887,549 | +€238,640 | +36.8% |
| Trade receivables | 40 | - | €887,549 | +€887,549 | |
| Other amounts receivable | 41 | €648,909 | - | -€648,909 | |
| Cash at bank and in hand | 54/58 | €49,419 | €8,372 | -€41,047 | -83.1% |
| Total equity and liabilities | 10/49 | €982,637 | €1,162,802 | +€180,165 | +18.3% |
| Equity | 10/15 | €71,273 | €79,766 | +€8,493 | +11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,813 | €59,306 | +€8,493 | +16.7% |
| Amounts payable | 17/49 | €911,364 | €1,083,036 | +€171,672 | +18.8% |
| Amounts payable after more than one year | 17 | €149,634 | €83,812 | -€65,822 | -44.0% |
| Financial debts | 170/4 | €112,883 | €83,812 | -€29,070 | -25.8% |
| Advances received on contracts in progress | 176 | €36,751 | - | -€36,751 | |
| Amounts payable within one year | 42/48 | €761,730 | €999,224 | +€237,494 | +31.2% |
| Current portion of amounts payable after more than one year | 42 | €131,370 | €129,070 | -€2,299 | -1.8% |
| Trade debts | 44 | €585,080 | €806,603 | +€221,523 | +37.9% |
| Suppliers | 440/4 | €585,080 | €395,853 | -€189,227 | -32.3% |
| Bills of exchange payable | 441 | - | €410,750 | +€410,750 | |
| Taxes, remuneration and social security | 45 | €45,280 | €50,572 | +€5,292 | +11.7% |
| Taxes | 450/3 | €41,558 | €46,244 | +€4,686 | +11.3% |
| Remuneration and social security | 454/9 | €3,722 | €4,328 | +€606 | +16.3% |
| Other amounts payable | 47/48 | - | €12,978 | +€12,978 | |
| Turnover | 70 | - | €1,175,968 | +€1.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,010,390 | +€1.0m | |
| Remuneration, social security and pensions | 62 | €79,317 | -€72,123 | -€151,440 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,783 | €35,064 | +€3,281 | +10.3% |
| Other operating charges | 640/8 | €12,054 | €4,686 | -€7,368 | -61.1% |
| Gross operating margin | 9900 | €154,340 | - | -€154,340 | |
| Operating profit (loss) | 9901 | €31,186 | €32,373 | +€1,187 | +3.8% |
| Financial income | 75/76B | €6 | €30 | +€24 | +396% |
| Recurring financial income | 75 | €6 | €30 | +€24 | +396% |
| Financial charges | 65/66B | €13,566 | €13,910 | +€344 | +2.5% |
| Recurring financial charges | 65 | €13,566 | €13,910 | +€344 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €17,626 | €18,493 | +€867 | +4.9% |
| Income taxes | 67/77 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) for the period | 9904 | €7,626 | €8,493 | +€867 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,626 | €8,493 | +€867 | +11.4% |
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 18 October 2026 via checked.be.