DH Finance: 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 Finance
Largest movements
- Deferred charges and accrued income +€9,495
up €9,495 (+692%), from €1,372 to €10,867
- Cash -€8,937
no longer reported in 2025 (was €8,937)
mainly Deferred charges and accrued income (-€9,495) and Net result for the year (-€6,435)
- Receivables within one year +€2,038
up €2,038 (+3.6%), from €57,404 to €59,443
of which Trade receivables: +€3,077
- Trade debts +€6,829
up €6,829 (+55.6%), from €12,282 to €19,110
- Profit (loss) carried forward -€6,435
down €6,435 (-16.2%), from €39,711 to €33,276
- Short-term financial debts +€5,944
new in 2025: €5,944
- Tax, wage and social debts -€4,182
down €4,182 (-25.6%), from €16,322 to €12,139
- Gross operating margin -€64,300
down €64,300, from €55,731 to -€8,569
- Taxes -€13,689
no longer reported in 2025 (was €13,689)
- Financial income +€3,142
up €3,142 (+10,473,333%), from €0 to €3,142
- Other operating charges -€1,222
no longer reported in 2025 (was €1,222)
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 | €68,315 | €70,470 | +€2,155 | +3.2% |
| Fixed assets | 21/28 | €601 | €161 | -€441 | -73.3% |
| Tangible fixed assets | 22/27 | €601 | €161 | -€441 | -73.3% |
| Plant, machinery and equipment | 23 | €601 | €161 | -€441 | -73.3% |
| Current assets | 29/58 | €67,714 | €70,310 | +€2,595 | +3.8% |
| Amounts receivable within one year | 40/41 | €57,404 | €59,443 | +€2,038 | +3.6% |
| Trade receivables | 40 | €8,569 | €11,646 | +€3,077 | +35.9% |
| Other amounts receivable | 41 | €48,835 | €47,796 | -€1,039 | -2.1% |
| Cash at bank and in hand | 54/58 | €8,937 | - | -€8,937 | |
| Deferred charges and accrued income | 490/1 | €1,372 | €10,867 | +€9,495 | +692% |
| Total equity and liabilities | 10/49 | €68,315 | €70,470 | +€2,155 | +3.2% |
| Equity | 10/15 | €39,712 | €33,277 | -€6,435 | -16.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,711 | €33,276 | -€6,435 | -16.2% |
| Amounts payable | 17/49 | €28,603 | €37,194 | +€8,590 | +30.0% |
| Amounts payable within one year | 42/48 | €28,603 | €37,194 | +€8,590 | +30.0% |
| Financial debts | 43 | - | €5,944 | +€5,944 | |
| Credit institutions | 430/8 | - | €5,944 | +€5,944 | |
| Trade debts | 44 | €12,282 | €19,110 | +€6,829 | +55.6% |
| Suppliers | 440/4 | €12,282 | €19,110 | +€6,829 | +55.6% |
| Taxes, remuneration and social security | 45 | €16,322 | €12,139 | -€4,182 | -25.6% |
| Taxes | 450/3 | €16,322 | €12,139 | -€4,182 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €721 | €441 | -€280 | -38.9% |
| Other operating charges | 640/8 | €1,222 | - | -€1,222 | |
| Gross operating margin | 9900 | €55,731 | -€8,569 | -€64,300 | |
| Operating profit (loss) | 9901 | €53,789 | -€9,009 | -€62,798 | |
| Financial income | 75/76B | €0 | €3,142 | +€3,142 | +10,473,333% |
| Recurring financial income | 75 | €0 | €3,142 | +€3,142 | +10,473,333% |
| Financial charges | 65/66B | €388 | €568 | +€180 | +46.2% |
| Recurring financial charges | 65 | €388 | €568 | +€180 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €53,400 | -€6,435 | -€59,836 | |
| Income taxes | 67/77 | €13,689 | - | -€13,689 | |
| Profit (loss) for the period | 9904 | €39,711 | -€6,435 | -€46,146 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,711 | -€6,435 | -€46,146 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.