DH Consultancy: 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.
DH Consultancy
Largest movements
- Receivables within one year -€37,962
down €37,962 (-36.9%), from €102,787 to €64,824
of which Trade receivables: -€44,284
- Tangible fixed assets +€36,855
up €36,855 (+127%), from €29,104 to €65,959
of which Furniture and vehicles: +€46,665
- Current investments -€12,657
down €12,657 (-8.9%), from €141,498 to €128,841
- Reserves -€20,399
down €20,399 (-9.1%), from €224,142 to €203,742
- Trade debts -€8,099
down €8,099 (-70.2%), from €11,537 to €3,438
- Current portion of long-term debt +€7,082
up €7,082 (+81.6%), from €8,675 to €15,756
- Tax, wage and social debts +€3,304
up €3,304 (+44.8%), from €7,374 to €10,678
of which Remuneration and social security: +€3,000
- Gross operating margin -€34,484
down €34,484 (-91.8%), from €37,546 to €3,062
- Financial charges -€25,669
down €25,669 (-82.2%), from €31,229 to €5,559
- Taxes -€10,130
down €10,130 (-98.1%), from €10,323 to €193
- Financial income -€9,786
down €9,786 (-74.8%), from €13,074 to €3,288
- Depreciation +€3,821
up €3,821 (+39.2%), from €9,747 to €13,567
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 | €283,100 | €267,438 | -€15,662 | -5.5% |
| Fixed assets | 21/28 | €29,104 | €65,959 | +€36,855 | +127% |
| Tangible fixed assets | 22/27 | €29,104 | €65,959 | +€36,855 | +127% |
| Land and buildings | 22 | €28,144 | €18,763 | -€9,382 | -33.3% |
| Plant, machinery and equipment | 23 | €960 | €531 | -€428 | -44.6% |
| Furniture and vehicles | 24 | - | €46,665 | +€46,665 | |
| Current assets | 29/58 | €253,996 | €201,480 | -€52,517 | -20.7% |
| Amounts receivable within one year | 40/41 | €102,787 | €64,824 | -€37,962 | -36.9% |
| Trade receivables | 40 | €88,676 | €44,392 | -€44,284 | -49.9% |
| Other amounts receivable | 41 | €14,111 | €20,432 | +€6,322 | +44.8% |
| Current investments | 50/53 | €141,498 | €128,841 | -€12,657 | -8.9% |
| Cash at bank and in hand | 54/58 | €7,776 | €6,765 | -€1,011 | -13.0% |
| Deferred charges and accrued income | 490/1 | €1,936 | €1,049 | -€887 | -45.8% |
| Total equity and liabilities | 10/49 | €283,100 | €267,438 | -€15,662 | -5.5% |
| Equity | 10/15 | €236,542 | €216,142 | -€20,399 | -8.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €224,142 | €203,742 | -€20,399 | -9.1% |
| Distributable reserves | 133 | €224,142 | €203,742 | -€20,399 | -9.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €46,559 | €51,296 | +€4,737 | +10.2% |
| Amounts payable after more than one year | 17 | €13,012 | €15,651 | +€2,639 | +20.3% |
| Financial debts | 170/4 | €13,012 | €15,651 | +€2,639 | +20.3% |
| Amounts payable within one year | 42/48 | €33,547 | €35,645 | +€2,098 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €8,675 | €15,756 | +€7,082 | +81.6% |
| Trade debts | 44 | €11,537 | €3,438 | -€8,099 | -70.2% |
| Suppliers | 440/4 | €11,537 | €3,438 | -€8,099 | -70.2% |
| Taxes, remuneration and social security | 45 | €7,374 | €10,678 | +€3,304 | +44.8% |
| Taxes | 450/3 | €4,374 | €4,678 | +€304 | +6.9% |
| Remuneration and social security | 454/9 | €3,000 | €6,000 | +€3,000 | +100% |
| Other amounts payable | 47/48 | €5,961 | €5,773 | -€189 | -3.2% |
| Non-recurring operating income | 76A | - | €7,500 | +€7,500 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,747 | €13,567 | +€3,821 | +39.2% |
| Other operating charges | 640/8 | €1,843 | €1,352 | -€491 | -26.6% |
| Gross operating margin | 9900 | €37,546 | €3,062 | -€34,484 | -91.8% |
| Operating profit (loss) | 9901 | €25,956 | -€11,858 | -€37,814 | |
| Financial income | 75/76B | €13,074 | €3,288 | -€9,786 | -74.8% |
| Recurring financial income | 75 | €13,074 | €3,288 | -€9,786 | -74.8% |
| Financial charges | 65/66B | €31,229 | €5,559 | -€25,669 | -82.2% |
| Recurring financial charges | 65 | €31,229 | €5,559 | -€25,669 | -82.2% |
| Profit (loss) for the period before taxes | 9903 | €7,802 | -€14,129 | -€21,931 | |
| Income taxes | 67/77 | €10,323 | €193 | -€10,130 | -98.1% |
| Profit (loss) for the period | 9904 | -€2,521 | -€14,323 | -€11,801 | -468% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,521 | -€14,323 | -€11,801 | -468% |
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 17 October 2026 via checked.be.