DH SAP Consult: what changed
DH SAP Consult
Largest movements
- Receivables within one year -€34,707
down €34,707 (-76.5%), from €45,349 to €10,641
of which Other amounts receivable: -€32,875
- Tangible fixed assets +€16,602
up €16,602 (+115%), from €14,461 to €31,063
of which Furniture and vehicles: +€17,707
- Cash +€15,541
up €15,541 (+17.5%), from €88,630 to €104,171
mainly Net result for the year (+€45,704) and Receivables within one year (+€34,707)
- Other debts +€7,500
up €7,500 (+17.6%), from €42,500 to €50,000
- Reserves -€4,296
down €4,296 (-10.9%), from €39,466 to €35,170
- Debts after one year -€3,942
down €3,942 (-10.7%), from €36,954 to €33,012
- Gross operating margin +€3,503
up €3,503 (+5.4%), from €64,834 to €68,337
- Depreciation +€1,784
up €1,784 (+77.3%), from €2,308 to €4,092
- Financial income -€981
down €981 (-51.5%), from €1,905 to €923
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,440 | €146,101 | -€2,339 | -1.6% |
| Fixed assets | 21/28 | €14,461 | €31,063 | +€16,602 | +115% |
| Tangible fixed assets | 22/27 | €14,461 | €31,063 | +€16,602 | +115% |
| Furniture and vehicles | 24 | €3,457 | €21,164 | +€17,707 | +512% |
| Other tangible fixed assets | 26 | €11,004 | €9,899 | -€1,105 | -10.0% |
| Current assets | 29/58 | €133,979 | €115,038 | -€18,941 | -14.1% |
| Amounts receivable within one year | 40/41 | €45,349 | €10,641 | -€34,707 | -76.5% |
| Trade receivables | 40 | €9,353 | €7,521 | -€1,832 | -19.6% |
| Other amounts receivable | 41 | €35,996 | €3,121 | -€32,875 | -91.3% |
| Cash at bank and in hand | 54/58 | €88,630 | €104,171 | +€15,541 | +17.5% |
| Deferred charges and accrued income | 490/1 | - | €226 | +€226 | |
| Total equity and liabilities | 10/49 | €148,440 | €146,101 | -€2,339 | -1.6% |
| Equity | 10/15 | €39,467 | €35,171 | -€4,296 | -10.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €39,466 | €35,170 | -€4,296 | -10.9% |
| Distributable reserves | 133 | €39,466 | €35,170 | -€4,296 | -10.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €108,973 | €110,930 | +€1,957 | +1.8% |
| Amounts payable after more than one year | 17 | €36,954 | €33,012 | -€3,942 | -10.7% |
| Financial debts | 170/4 | €36,954 | €33,012 | -€3,942 | -10.7% |
| Amounts payable within one year | 42/48 | €72,020 | €77,919 | +€5,899 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €3,883 | €3,942 | +€59 | +1.5% |
| Trade debts | 44 | €3,797 | €2,859 | -€939 | -24.7% |
| Suppliers | 440/4 | €3,797 | €2,859 | -€939 | -24.7% |
| Taxes, remuneration and social security | 45 | €21,839 | €21,118 | -€721 | -3.3% |
| Taxes | 450/3 | €21,839 | €21,118 | -€721 | -3.3% |
| Other amounts payable | 47/48 | €42,500 | €50,000 | +€7,500 | +17.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,308 | €4,092 | +€1,784 | +77.3% |
| Other operating charges | 640/8 | €790 | €1,352 | +€562 | +71.1% |
| Gross operating margin | 9900 | €64,834 | €68,337 | +€3,503 | +5.4% |
| Operating profit (loss) | 9901 | €61,736 | €62,893 | +€1,157 | +1.9% |
| Financial income | 75/76B | €1,905 | €923 | -€981 | -51.5% |
| Recurring financial income | 75 | €1,905 | €923 | -€981 | -51.5% |
| Financial charges | 65/66B | €891 | €777 | -€114 | -12.8% |
| Recurring financial charges | 65 | €891 | €777 | -€114 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €62,750 | €63,039 | +€290 | +0.5% |
| Income taxes | 67/77 | €17,346 | €17,336 | -€11 | -0.1% |
| Profit (loss) for the period | 9904 | €45,404 | €45,704 | +€300 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,404 | €45,704 | +€300 | +0.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.