DHAULAGIRI: what changed
DHAULAGIRI
Largest movements
- Cash +€18,850
up €18,850 (+36.7%), from €51,370 to €70,219
mainly Net result for the year (+€17,722) and Tax, wage and social debts (+€12,483)
- Profit (loss) carried forward +€17,722
up €17,722 (+77.6%), from €22,831 to €40,553
- Tax, wage and social debts +€12,483
up €12,483 (+116%), from €10,793 to €23,276
of which Taxes: +€7,989
- Trade debts -€11,342
down €11,342 (-46.4%), from €24,464 to €13,123
- Staff costs -€16,313
down €16,313 (-12.3%), from €132,630 to €116,317
- Gross operating margin -€5,115
down €5,115 (-3.5%), from €145,555 to €140,440
- Taxes +€2,899
up €2,899 (+152%), from €1,912 to €4,811
- Depreciation -€1,591
down €1,591 (-71.3%), from €2,231 to €640
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 | €78,548 | €97,411 | +€18,863 | +24.0% |
| Fixed assets | 21/28 | €22,976 | €22,336 | -€640 | -2.8% |
| Tangible fixed assets | 22/27 | €1,976 | €1,336 | -€640 | -32.4% |
| Plant, machinery and equipment | 23 | €1,976 | €1,336 | -€640 | -32.4% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €55,572 | €75,075 | +€19,503 | +35.1% |
| Stocks and contracts in progress | 3 | €4,202 | €4,856 | +€654 | +15.6% |
| Stocks | 30/36 | €4,202 | €4,856 | +€654 | +15.6% |
| Cash at bank and in hand | 54/58 | €51,370 | €70,219 | +€18,850 | +36.7% |
| Total equity and liabilities | 10/49 | €78,548 | €97,411 | +€18,863 | +24.0% |
| Equity | 10/15 | €43,291 | €61,013 | +€17,722 | +40.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,831 | €40,553 | +€17,722 | +77.6% |
| Amounts payable | 17/49 | €35,257 | €36,399 | +€1,141 | +3.2% |
| Amounts payable within one year | 42/48 | €35,257 | €36,399 | +€1,141 | +3.2% |
| Trade debts | 44 | €24,464 | €13,123 | -€11,342 | -46.4% |
| Suppliers | 440/4 | €24,464 | €13,123 | -€11,342 | -46.4% |
| Taxes, remuneration and social security | 45 | €10,793 | €23,276 | +€12,483 | +116% |
| Taxes | 450/3 | €2,166 | €10,155 | +€7,989 | +369% |
| Remuneration and social security | 454/9 | €8,627 | €13,121 | +€4,494 | +52.1% |
| Remuneration, social security and pensions | 62 | €132,630 | €116,317 | -€16,313 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,231 | €640 | -€1,591 | -71.3% |
| Other operating charges | 640/8 | €752 | €358 | -€395 | -52.4% |
| Non-recurring operating charges | 66A | €6,600 | - | -€6,600 | |
| Gross operating margin | 9900 | €145,555 | €140,440 | -€5,115 | -3.5% |
| Operating profit (loss) | 9901 | €3,342 | €23,125 | +€19,783 | +592% |
| Financial charges | 65/66B | €1,194 | €592 | -€601 | -50.4% |
| Recurring financial charges | 65 | €1,194 | €592 | -€601 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €2,148 | €22,533 | +€20,385 | +949% |
| Income taxes | 67/77 | €1,912 | €4,811 | +€2,899 | +152% |
| Profit (loss) for the period | 9904 | €236 | €17,722 | +€17,486 | +7,408% |
| Profit (loss) for the period to be appropriated | 9905 | €236 | €17,722 | +€17,486 | +7,408% |
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 5 November 2026 via checked.be.