DEHOLI: 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.
What changed
DEHOLI
NACE 43.320, Joinery installation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€380,304
2024 · €4,823+€375,482
Equity
€1.5m
2024 · €1.1m+€380,304
Cash
€111,118
2024 · €875,648-€764,530
Balance sheet total
€5.1m
2024 · €3.3m+€1.7m
Largest movements
Assets
- Receivables within one year +€1.8m
up €1.8m (+143.7%), from €1.3m to €3.1m
of which Other amounts receivable: +€1.1m
- Cash -€764,530
down €764,530 (-87.3%), from €875,648 to €111,118
mainly Receivables within one year (-€1.8m) and Stocks and contracts (-€740,543)
- Stocks and contracts +€740,543
up €740,543 (+102.4%), from €722,953 to €1.5m
of which Contracts in progress: +€758,386
- Tangible fixed assets -€57,714
down €57,714 (-14.4%), from €400,349 to €342,635
Equity and liabilities
- Advances received +€752,833
up €752,833 (+1827.3%), from €41,199 to €794,032
- Other debts +€750,000
up €750,000 (+187.5%), from €400,000 to €1.2m
- Trade debts -€428,138
down €428,138 (-27.5%), from €1.6m to €1.1m
- Profit (loss) carried forward +€380,304
up €380,304 (+220.8%), from €172,207 to €552,511
- Tax, wage and social debts +€188,091
up €188,091 (+86.4%), from €217,815 to €405,906
of which Taxes: +€96,412
Income statement
- Turnover +€5.0m
up €5.0m (+52.3%), from €9.6m to €14.7m
- Goods and materials +€4.8m
up €4.8m (+84.9%), from €5.6m to €10.4m
of which Purchases: +€4.7m
- Services and other goods +€462,847
up €462,847 (+27.0%), from €1.7m to €2.2m
- Staff costs +€177,071
up €177,071 (+8.4%), from €2.1m to €2.3m
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.
Result 2024
€4,823
Turnover
+€5.0m
Other operating income
-€62,722
Goods and materials
-€4.8m
Services and other goods
-€462,847
Staff costs
-€177,071
Depreciation
+€9,230
Other operating charges
+€4,105
Other operating items
+€906,049
Financial income
+€245
Financial charges
-€7,030
Taxes
-€93,163
Result 2025
€380,304
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.
From operations
-€756,284
Investment
-€8,246
Financing
€0
Cash 2024
€875,648
From operations (derived)
-€756,284
Net result for the year
+€380,304
Depreciation
+€76,284
Stocks and contracts
-€740,543
Receivables within one year
-€1.8m
Deferred charges and accrued income
+€15,800
Trade debts
-€428,138
Tax, wage and social debts
+€188,091
Advances received
+€752,833
Other debts
+€750,000
Accrued charges and deferred income
+€83,827
Investment (derived)
-€8,246
Investment in fixed assets (net)
-€8,246
Cash 2025
€111,118
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,346,868 | €5,073,786 | +€1.7m | +51.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €436,740 | €368,702 | -€68,038 | -15.6% |
| Intangible fixed assets | 21 | €35,892 | €25,567 | -€10,324 | -28.8% |
| Tangible fixed assets | 22/27 | €400,349 | €342,635 | -€57,714 | -14.4% |
| Land and buildings | 22 | €55,453 | €39,801 | -€15,652 | -28.2% |
| Plant, machinery and equipment | 23 | €14,913 | €1,352 | -€13,561 | -90.9% |
| Furniture and vehicles | 24 | €23,770 | €16,580 | -€7,190 | -30.2% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €306,213 | €284,902 | -€21,310 | -7.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Other financial fixed assets | 284/8 | €500 | €500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €2,910,128 | €4,705,084 | +€1.8m | +61.7% |
| Stocks and contracts in progress | 3 | €722,953 | €1,463,496 | +€740,543 | +102.4% |
| Stocks | 30/36 | €233,117 | €215,275 | -€17,842 | -7.7% |
| Raw materials and consumables | 30/31 | €233,117 | €215,275 | -€17,842 | -7.7% |
| Contracts in progress | 37 | €489,836 | €1,248,222 | +€758,386 | +154.8% |
| Amounts receivable within one year | 40/41 | €1,276,680 | €3,111,423 | +€1.8m | +143.7% |
| Trade receivables | 40 | €1,172,021 | €1,922,251 | +€750,230 | +64.0% |
| Other amounts receivable | 41 | €104,659 | €1,189,172 | +€1.1m | +1036.2% |
| Cash at bank and in hand | 54/58 | €875,648 | €111,118 | -€764,530 | -87.3% |
| Deferred charges and accrued income | 490/1 | €34,846 | €19,046 | -€15,800 | -45.3% |
| Total equity and liabilities | 10/49 | €3,346,868 | €5,073,786 | +€1.7m | +51.6% |
| Equity | 10/15 | €1,120,365 | €1,500,669 | +€380,304 | +33.9% |
| Contributions | 10/11 | €697,671 | €697,671 | = | 0.0% |
| Capital | 10 | €697,671 | €697,671 | = | 0.0% |
| Issued capital | 100 | €697,671 | €697,671 | = | 0.0% |
| Reserves | 13 | €250,486 | €250,486 | = | 0.0% |
| Non-distributable reserves | 130/1 | €69,767 | €69,767 | = | 0.0% |
| Legal reserve | 130 | €69,767 | €69,767 | = | 0.0% |
| Distributable reserves | 133 | €180,719 | €180,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,207 | €552,511 | +€380,304 | +220.8% |
| Amounts payable | 17/49 | €2,226,503 | €3,573,117 | +€1.3m | +60.5% |
| Amounts payable within one year | 42/48 | €2,213,787 | €3,476,573 | +€1.3m | +57.0% |
| Trade debts | 44 | €1,554,773 | €1,126,636 | -€428,138 | -27.5% |
| Suppliers | 440/4 | €1,554,773 | €1,126,636 | -€428,138 | -27.5% |
| Advances received on contracts in progress | 46 | €41,199 | €794,032 | +€752,833 | +1827.3% |
| Taxes, remuneration and social security | 45 | €217,815 | €405,906 | +€188,091 | +86.4% |
| Taxes | 450/3 | €36,228 | €132,640 | +€96,412 | +266.1% |
| Remuneration and social security | 454/9 | €181,586 | €273,266 | +€91,680 | +50.5% |
| Other amounts payable | 47/48 | €400,000 | €1,150,000 | +€750,000 | +187.5% |
| Accrued charges and deferred income | 492/3 | €12,717 | €96,543 | +€83,827 | +659.2% |
| Operating income | 70/76A | €9,655,890 | €15,534,334 | +€5.9m | +60.9% |
| Turnover | 70 | €9,624,514 | €14,659,631 | +€5.0m | +52.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€144,357 | €758,386 | +€902,743 | |
| Other operating income | 74 | €175,734 | €113,012 | -€62,722 | -35.7% |
| Non-recurring operating income | 76A | - | €3,306 | +€3,306 | |
| Operating charges | 60/66A | €9,572,755 | €14,975,770 | +€5.4m | +56.4% |
| Goods for resale, raw materials and consumables | 60 | €5,627,441 | €10,403,873 | +€4.8m | +84.9% |
| Purchases | 600/8 | €5,685,293 | €10,386,030 | +€4.7m | +82.7% |
| Change in stocks: decrease (increase) | 609 | -€57,853 | €17,842 | +€75,695 | |
| Services and other goods | 61 | €1,711,098 | €2,173,945 | +€462,847 | +27.0% |
| Remuneration, social security and pensions | 62 | €2,097,567 | €2,274,638 | +€177,071 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,514 | €76,284 | -€9,230 | -10.8% |
| Other operating charges | 640/8 | €51,135 | €47,030 | -€4,105 | -8.0% |
| Operating profit (loss) | 9901 | €83,135 | €558,564 | +€475,429 | +571.9% |
| Financial income | 75/76B | €383 | €629 | +€245 | +64.1% |
| Recurring financial income | 75 | €383 | €629 | +€245 | +64.1% |
| Other financial income | 752/9 | €383 | €629 | +€245 | +64.1% |
| Financial charges | 65/66B | €75,974 | €83,004 | +€7,030 | +9.3% |
| Recurring financial charges | 65 | €75,974 | €83,004 | +€7,030 | +9.3% |
| Debt charges | 650 | €35,070 | €57,857 | +€22,787 | +65.0% |
| Other financial charges | 652/9 | €40,904 | €25,147 | -€15,757 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €7,544 | €476,188 | +€468,644 | +6212.4% |
| Income taxes | 67/77 | €2,721 | €95,884 | +€93,163 | +3424.1% |
| Taxes | 670/3 | €2,721 | €95,884 | +€93,163 | +3424.1% |
| Profit (loss) for the period | 9904 | €4,823 | €380,304 | +€375,482 | +7785.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,823 | €380,304 | +€375,482 | +7785.4% |
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 8 October 2026 via checked.be.