DHAKO: 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.
DHAKO
Largest movements
- Tangible fixed assets +€52,105
up €52,105 (+292%), from €17,825 to €69,930
of which Plant, machinery and equipment: +€56,639
- Receivables within one year +€27,158
up €27,158 (+30.7%), from €88,351 to €115,509
of which Other amounts receivable: +€40,825
- Receivables after one year -€24,500
down €24,500 (-32.9%), from €74,500 to €50,000
- Cash +€4,811
up €4,811 (+306%), from €1,573 to €6,384
mainly Debts after one year (+€43,102) and Receivables after one year (+€24,500)
- Intangible fixed assets -€3,000
down €3,000 (-39.7%), from €7,561 to €4,561
- Debts after one year +€43,102
up €43,102 (+1,600%), from €2,693 to €45,796
- Profit (loss) carried forward -€30,000
down €30,000 (-25.0%), from €120,030 to €90,030
- Reserves +€24,059
new in 2025: €24,059
- Other debts +€19,420
up €19,420 (+109%), from €17,798 to €37,218
- Tax, wage and social debts -€14,910
down €14,910 (-70.5%), from €21,161 to €6,252
of which Taxes: -€14,910
- Gross operating margin -€11,700
down €11,700 (-19.8%), from €58,969 to €47,269
- Financial charges +€1,267
up €1,267 (+707%), from €179 to €1,446
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 | €189,978 | €246,556 | +€56,579 | +29.8% |
| Fixed assets | 21/28 | €25,386 | €74,491 | +€49,105 | +193% |
| Intangible fixed assets | 21 | €7,561 | €4,561 | -€3,000 | -39.7% |
| Tangible fixed assets | 22/27 | €17,825 | €69,930 | +€52,105 | +292% |
| Plant, machinery and equipment | 23 | €10,590 | €67,229 | +€56,639 | +535% |
| Furniture and vehicles | 24 | €7,235 | €2,701 | -€4,535 | -62.7% |
| Current assets | 29/58 | €164,592 | €172,066 | +€7,474 | +4.5% |
| Amounts receivable after more than one year | 29 | €74,500 | €50,000 | -€24,500 | -32.9% |
| Other amounts receivable | 291 | €74,500 | €50,000 | -€24,500 | -32.9% |
| Amounts receivable within one year | 40/41 | €88,351 | €115,509 | +€27,158 | +30.7% |
| Trade receivables | 40 | €88,345 | €74,678 | -€13,668 | -15.5% |
| Other amounts receivable | 41 | €6 | €40,831 | +€40,825 | +694,307% |
| Cash at bank and in hand | 54/58 | €1,573 | €6,384 | +€4,811 | +306% |
| Deferred charges and accrued income | 490/1 | €167 | €173 | +€6 | +3.5% |
| Total equity and liabilities | 10/49 | €189,978 | €246,556 | +€56,579 | +29.8% |
| Equity | 10/15 | €125,030 | €119,089 | -€5,941 | -4.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €24,059 | +€24,059 | |
| Distributable reserves | 133 | - | €24,059 | +€24,059 | |
| Profit (loss) carried forward | 14 | €120,030 | €90,030 | -€30,000 | -25.0% |
| Amounts payable | 17/49 | €64,948 | €127,467 | +€62,520 | +96.3% |
| Amounts payable after more than one year | 17 | €2,693 | €45,796 | +€43,102 | +1,600% |
| Financial debts | 170/4 | €2,693 | €45,796 | +€43,102 | +1,600% |
| Amounts payable within one year | 42/48 | €58,568 | €77,727 | +€19,159 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | €4,575 | €12,898 | +€8,323 | +182% |
| Trade debts | 44 | €15,034 | €21,359 | +€6,325 | +42.1% |
| Suppliers | 440/4 | €15,034 | €21,359 | +€6,325 | +42.1% |
| Taxes, remuneration and social security | 45 | €21,161 | €6,252 | -€14,910 | -70.5% |
| Taxes | 450/3 | €19,161 | €4,252 | -€14,910 | -77.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €17,798 | €37,218 | +€19,420 | +109% |
| Accrued charges and deferred income | 492/3 | €3,687 | €3,945 | +€258 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,388 | €11,895 | +€507 | +4.5% |
| Other operating charges | 640/8 | €1,092 | €959 | -€133 | -12.1% |
| Gross operating margin | 9900 | €58,969 | €47,269 | -€11,700 | -19.8% |
| Operating profit (loss) | 9901 | €46,488 | €34,414 | -€12,075 | -26.0% |
| Financial income | 75/76B | €711 | €684 | -€27 | -3.8% |
| Recurring financial income | 75 | €711 | €684 | -€27 | -3.8% |
| Financial charges | 65/66B | €179 | €1,446 | +€1,267 | +707% |
| Recurring financial charges | 65 | €179 | €1,446 | +€1,267 | +707% |
| Profit (loss) for the period before taxes | 9903 | €47,020 | €33,652 | -€13,368 | -28.4% |
| Income taxes | 67/77 | €9,110 | €9,593 | +€483 | +5.3% |
| Profit (loss) for the period | 9904 | €37,910 | €24,059 | -€13,851 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,910 | €24,059 | -€13,851 | -36.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.