DEHOTTAY FRERES: 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.
DEHOTTAY FRERES
Largest movements
- Tangible fixed assets -€50,681
down €50,681 (-6.9%), from €732,840 to €682,159
of which Furniture and vehicles: -€69,982
- Cash -€49,014
down €49,014 (-20.6%), from €238,365 to €189,351
mainly Investment in fixed assets (net) (-€201,190) and Current portion of long-term debt (-€96,493)
- Deferred charges and accrued income -€39,024
no longer reported in 2025 (was €39,024)
- Current portion of long-term debt -€96,493
down €96,493 (-59.0%), from €163,626 to €67,133
- Tax, wage and social debts +€42,582
up €42,582 (+21.7%), from €196,283 to €238,865
of which Remuneration and social security: +€49,217
- Profit (loss) carried forward -€41,234
down €41,234 (-54.3%), from -€75,941 to -€117,175
- Trade debts -€36,003
down €36,003 (-19.8%), from €182,185 to €146,182
- Debts after one year +€19,305
up €19,305 (+54.3%), from €35,559 to €54,864
- Turnover -€211,357
down €211,357 (-5.3%), from €4.0m to €3.8m
- Staff costs +€139,351
up €139,351 (+10.0%), from €1.4m to €1.5m
- Purchases and services -€107,303
down €107,303 (-5.9%), from €1.8m to €1.7m
- Gross operating margin +€99,045
up €99,045 (+4.6%), from €2.2m to €2.3m
- Other operating charges +€66,825
up €66,825 (+14.9%), from €447,204 to €514,029
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.
Derived cash bridge
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 | €1,669,465 | €1,540,811 | -€128,654 | -7.7% |
| Fixed assets | 21/28 | €735,023 | €684,342 | -€50,681 | -6.9% |
| Tangible fixed assets | 22/27 | €732,840 | €682,159 | -€50,681 | -6.9% |
| Land and buildings | 22 | €188,100 | €188,100 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,033 | €1,119 | -€2,914 | -72.3% |
| Furniture and vehicles | 24 | €363,346 | €293,364 | -€69,982 | -19.3% |
| Leasing and similar rights | 25 | €177,361 | €199,576 | +€22,215 | +12.5% |
| Financial fixed assets | 28 | €2,183 | €2,183 | = | 0.0% |
| Current assets | 29/58 | €934,442 | €856,469 | -€77,973 | -8.3% |
| Stocks and contracts in progress | 3 | €90,138 | €98,369 | +€8,231 | +9.1% |
| Stocks | 30/36 | €90,138 | €98,369 | +€8,231 | +9.1% |
| Amounts receivable within one year | 40/41 | €566,915 | €568,749 | +€1,834 | +0.3% |
| Trade receivables | 40 | €550,985 | €528,432 | -€22,553 | -4.1% |
| Other amounts receivable | 41 | €15,930 | €40,317 | +€24,387 | +153% |
| Cash at bank and in hand | 54/58 | €238,365 | €189,351 | -€49,014 | -20.6% |
| Deferred charges and accrued income | 490/1 | €39,024 | - | -€39,024 | |
| Total equity and liabilities | 10/49 | €1,669,465 | €1,540,811 | -€128,654 | -7.7% |
| Equity | 10/15 | €1,081,812 | €1,033,767 | -€48,045 | -4.4% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €1,081,014 | €1,081,014 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €1,074,764 | €1,074,764 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,941 | -€117,175 | -€41,234 | -54.3% |
| Investment grants | 15 | €14,239 | €7,428 | -€6,811 | -47.8% |
| Amounts payable | 17/49 | €587,653 | €507,044 | -€80,609 | -13.7% |
| Amounts payable after more than one year | 17 | €35,559 | €54,864 | +€19,305 | +54.3% |
| Financial debts | 170/4 | €35,559 | €54,864 | +€19,305 | +54.3% |
| Amounts payable within one year | 42/48 | €552,094 | €452,180 | -€99,914 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €163,626 | €67,133 | -€96,493 | -59.0% |
| Trade debts | 44 | €182,185 | €146,182 | -€36,003 | -19.8% |
| Suppliers | 440/4 | €182,185 | €146,182 | -€36,003 | -19.8% |
| Taxes, remuneration and social security | 45 | €196,283 | €238,865 | +€42,582 | +21.7% |
| Taxes | 450/3 | €30,606 | €23,971 | -€6,635 | -21.7% |
| Remuneration and social security | 454/9 | €165,677 | €214,894 | +€49,217 | +29.7% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Turnover | 70 | €3,970,691 | €3,759,334 | -€211,357 | -5.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,811,594 | €1,704,291 | -€107,303 | -5.9% |
| Remuneration, social security and pensions | 62 | €1,400,106 | €1,539,457 | +€139,351 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273,229 | €251,871 | -€21,358 | -7.8% |
| Other operating charges | 640/8 | €447,204 | €514,029 | +€66,825 | +14.9% |
| Non-recurring operating charges | 66A | - | €588 | +€588 | |
| Gross operating margin | 9900 | €2,159,097 | €2,258,142 | +€99,045 | +4.6% |
| Operating profit (loss) | 9901 | €38,558 | -€47,803 | -€86,361 | |
| Financial income | 75/76B | €8,242 | €16,585 | +€8,343 | +101% |
| Recurring financial income | 75 | €8,242 | €16,585 | +€8,343 | +101% |
| Financial charges | 65/66B | €13,969 | €9,859 | -€4,110 | -29.4% |
| Recurring financial charges | 65 | €13,969 | €9,859 | -€4,110 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €32,831 | -€41,077 | -€73,908 | |
| Income taxes | 67/77 | €154 | €157 | +€3 | +1.9% |
| Profit (loss) for the period | 9904 | €32,677 | -€41,234 | -€73,911 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,677 | -€41,234 | -€73,911 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.