DHANDHO: 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.
DHANDHO
Largest movements
- Receivables within one year +€44,229
up €44,229 (+84.6%), from €52,304 to €96,533
of which Other amounts receivable: +€46,454
- Receivables after one year -€12,660
down €12,660 (-100%), from €12,660 to €0
- Deferred charges and accrued income +€4,329
up €4,329, from €0 to €4,329
- Cash +€3,492
up €3,492 (+5.2%), from €67,151 to €70,643
mainly Net result for the year (+€46,760) and Receivables after one year (+€12,660)
- Profit (loss) carried forward +€46,760
up €46,760 (+101%), from €46,317 to €93,078
- Other debts -€4,608
down €4,608 (-100%), from €4,608 to €0
- Trade debts -€3,659
down €3,659 (-40.6%), from €9,003 to €5,345
- Gross operating margin +€47,224
up €47,224 (+250%), from €18,859 to €66,084
- Taxes +€10,442
up €10,442 (+261%), from €3,996 to €14,438
- Other operating charges -€816
down €816 (-46.5%), from €1,755 to €939
- Financial income -€745
down €745 (-100%), from €745 to €0
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 | €135,215 | €172,948 | +€37,733 | +27.9% |
| Fixed assets | 21/28 | €3,100 | €1,442 | -€1,658 | -53.5% |
| Tangible fixed assets | 22/27 | €3,100 | €1,442 | -€1,658 | -53.5% |
| Furniture and vehicles | 24 | €3,100 | €1,442 | -€1,658 | -53.5% |
| Current assets | 29/58 | €132,115 | €171,505 | +€39,391 | +29.8% |
| Amounts receivable after more than one year | 29 | €12,660 | €0 | -€12,660 | -100% |
| Other amounts receivable | 291 | €12,660 | €0 | -€12,660 | -100% |
| Amounts receivable within one year | 40/41 | €52,304 | €96,533 | +€44,229 | +84.6% |
| Trade receivables | 40 | €18,358 | €16,133 | -€2,225 | -12.1% |
| Other amounts receivable | 41 | €33,945 | €80,400 | +€46,454 | +137% |
| Cash at bank and in hand | 54/58 | €67,151 | €70,643 | +€3,492 | +5.2% |
| Deferred charges and accrued income | 490/1 | €0 | €4,329 | +€4,329 | |
| Total equity and liabilities | 10/49 | €135,215 | €172,948 | +€37,733 | +27.9% |
| Equity | 10/15 | €111,777 | €158,538 | +€46,760 | +41.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,860 | €46,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,317 | €93,078 | +€46,760 | +101% |
| Amounts payable | 17/49 | €23,438 | €14,410 | -€9,027 | -38.5% |
| Amounts payable within one year | 42/48 | €23,438 | €14,410 | -€9,027 | -38.5% |
| Trade debts | 44 | €9,003 | €5,345 | -€3,659 | -40.6% |
| Suppliers | 440/4 | €9,003 | €5,345 | -€3,659 | -40.6% |
| Taxes, remuneration and social security | 45 | €9,826 | €9,066 | -€761 | -7.7% |
| Taxes | 450/3 | €9,826 | €9,066 | -€761 | -7.7% |
| Other amounts payable | 47/48 | €4,608 | €0 | -€4,608 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,686 | €1,658 | -€28 | -1.6% |
| Other operating charges | 640/8 | €1,755 | €939 | -€816 | -46.5% |
| Gross operating margin | 9900 | €18,859 | €66,084 | +€47,224 | +250% |
| Operating profit (loss) | 9901 | €15,419 | €63,487 | +€48,068 | +312% |
| Financial income | 75/76B | €745 | €0 | -€745 | -100% |
| Recurring financial income | 75 | €745 | €0 | -€745 | -100% |
| Financial charges | 65/66B | €2,151 | €2,289 | +€137 | +6.4% |
| Recurring financial charges | 65 | €2,151 | €2,289 | +€137 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €14,012 | €61,198 | +€47,186 | +337% |
| Income taxes | 67/77 | €3,996 | €14,438 | +€10,442 | +261% |
| Profit (loss) for the period | 9904 | €10,016 | €46,760 | +€36,744 | +367% |
| Profit (loss) for the period to be appropriated | 9905 | €10,016 | €46,760 | +€36,744 | +367% |
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 15 October 2026 via checked.be.