DEHOTRANS: 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.
DEHOTRANS
Largest movements
- Cash -€101,936
down €101,936 (-33.8%), from €301,680 to €199,744
mainly Current investments (-€100,000) and Current portion of long-term debt (-€55,140)
- Current investments +€100,000
up €100,000 (+16.7%), from €600,000 to €700,000
- Tangible fixed assets -€61,195
down €61,195 (-37.0%), from €165,506 to €104,311
of which Leasing and similar rights: -€92,615
- Current portion of long-term debt -€55,140
down €55,140 (-68.8%), from €80,143 to €25,002
- Reserves +€42,753
up €42,753 (+4.5%), from €953,380 to €996,133
of which Distributable reserves: +€45,506
- Debts after one year -€27,694
down €27,694 (-100.0%), from €27,694 to €0
- Gross operating margin -€775,102
down €775,102 (-77.5%), from €1.0m to €225,612
- Staff costs -€206,351
down €206,351 (-75.0%), from €275,237 to €68,886
- Taxes -€159,837
down €159,837 (-84.1%), from €190,020 to €30,183
- Depreciation -€39,767
down €39,767 (-35.6%), from €111,558 to €71,791
- Financial income +€19,002
up €19,002 (+353.0%), from €5,382 to €24,384
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 | €1,147,708 | €1,080,801 | -€66,907 | -5.8% |
| Fixed assets | 21/28 | €165,506 | €104,311 | -€61,195 | -37.0% |
| Tangible fixed assets | 22/27 | €165,506 | €104,311 | -€61,195 | -37.0% |
| Land and buildings | 22 | €14,778 | €0 | -€14,778 | -100.0% |
| Plant, machinery and equipment | 23 | €1,100 | €500 | -€600 | -54.5% |
| Furniture and vehicles | 24 | €4,333 | €42,206 | +€37,873 | +874.1% |
| Leasing and similar rights | 25 | €141,488 | €48,873 | -€92,615 | -65.5% |
| Other tangible fixed assets | 26 | €3,807 | €12,732 | +€8,925 | +234.5% |
| Current assets | 29/58 | €982,203 | €976,491 | -€5,712 | -0.6% |
| Stocks and contracts in progress | 3 | €11,203 | €11,235 | +€32 | +0.3% |
| Stocks | 30/36 | €11,203 | €11,235 | +€32 | +0.3% |
| Amounts receivable within one year | 40/41 | €55,037 | €59,466 | +€4,429 | +8.0% |
| Trade receivables | 40 | €36,871 | €53,690 | +€16,819 | +45.6% |
| Other amounts receivable | 41 | €18,166 | €5,776 | -€12,390 | -68.2% |
| Current investments | 50/53 | €600,000 | €700,000 | +€100,000 | +16.7% |
| Cash at bank and in hand | 54/58 | €301,680 | €199,744 | -€101,936 | -33.8% |
| Deferred charges and accrued income | 490/1 | €14,284 | €6,046 | -€8,238 | -57.7% |
| Total equity and liabilities | 10/49 | €1,147,708 | €1,080,801 | -€66,907 | -5.8% |
| Equity | 10/15 | €981,162 | €1,014,733 | +€33,571 | +3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €953,380 | €996,133 | +€42,753 | +4.5% |
| Tax-exempt reserves | 132 | €2,753 | €0 | -€2,753 | -100.0% |
| Distributable reserves | 133 | €950,627 | €996,133 | +€45,506 | +4.8% |
| Profit (loss) carried forward | 14 | €9,182 | €0 | -€9,182 | -100.0% |
| Amounts payable | 17/49 | €166,546 | €66,068 | -€100,478 | -60.3% |
| Amounts payable after more than one year | 17 | €27,694 | €0 | -€27,694 | -100.0% |
| Financial debts | 170/4 | €27,694 | €0 | -€27,694 | -100.0% |
| Amounts payable within one year | 42/48 | €137,509 | €65,710 | -€71,799 | -52.2% |
| Current portion of amounts payable after more than one year | 42 | €80,143 | €25,002 | -€55,140 | -68.8% |
| Trade debts | 44 | €12,564 | €3,431 | -€9,133 | -72.7% |
| Suppliers | 440/4 | €12,564 | €3,431 | -€9,133 | -72.7% |
| Taxes, remuneration and social security | 45 | €28,715 | €23,151 | -€5,564 | -19.4% |
| Taxes | 450/3 | €7,880 | €16,848 | +€8,968 | +113.8% |
| Remuneration and social security | 454/9 | €20,835 | €6,303 | -€14,532 | -69.7% |
| Other amounts payable | 47/48 | €16,088 | €14,126 | -€1,962 | -12.2% |
| Accrued charges and deferred income | 492/3 | €1,343 | €358 | -€985 | -73.3% |
| Non-recurring operating income | 76A | €443,501 | €46,926 | -€396,575 | -89.4% |
| Remuneration, social security and pensions | 62 | €275,237 | €68,886 | -€206,351 | -75.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,558 | €71,791 | -€39,767 | -35.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,825 | -€1,466 | -€4,291 | |
| Other operating charges | 640/8 | €6,309 | €2,222 | -€4,087 | -64.8% |
| Non-recurring operating charges | 66A | €3,917 | €1,488 | -€2,430 | -62.0% |
| Gross operating margin | 9900 | €1,000,714 | €225,612 | -€775,102 | -77.5% |
| Operating profit (loss) | 9901 | €600,868 | €82,691 | -€518,176 | -86.2% |
| Financial income | 75/76B | €5,382 | €24,384 | +€19,002 | +353.0% |
| Recurring financial income | 75 | €5,382 | €24,384 | +€19,002 | +353.0% |
| Financial charges | 65/66B | €14,908 | €3,592 | -€11,316 | -75.9% |
| Recurring financial charges | 65 | €14,908 | €3,592 | -€11,316 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €591,342 | €103,484 | -€487,858 | -82.5% |
| Income taxes | 67/77 | €190,020 | €30,183 | -€159,837 | -84.1% |
| Profit (loss) for the period | 9904 | €401,322 | €73,300 | -€328,021 | -81.7% |
| Transfer from tax-exempt reserves | 789 | - | €2,794 | +€2,794 | |
| Transfer to tax-exempt reserves | 689 | €40 | €40 | +€0 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €401,282 | €76,054 | -€325,228 | -81.0% |
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.