DHBouw: what changed
Two fiscal 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.
DHBouw
Largest movements
- Tangible fixed assets -€226,098
down €226,098 (-21.1%), from €1.1m to €846,216
of which Land and buildings: -€191,724
- Cash +€183,984
up €183,984 (+54.2%), from €339,467 to €523,451
mainly Other debts (+€293,758) and Net result for the year (+€209,951)
- Other debts +€293,758
up €293,758 (+178.1%), from €164,941 to €458,699
- Reserves -€276,596
down €276,596 (-21.8%), from €1.3m to €991,284
- Debts after one year -€50,187
down €50,187 (-23.5%), from €213,185 to €162,997
- Current portion of long-term debt -€39,593
down €39,593 (-49.2%), from €80,425 to €40,832
- Tax, wage and social debts +€27,449
up €27,449 (+69.4%), from €39,524 to €66,973
- Financial income -€303,196
down €303,196 (-98.7%), from €307,122 to €3,926
- Gross operating margin +€40,659
up €40,659 (+12.6%), from €322,543 to €363,202
- Taxes -€15,000
down €15,000 (-13.7%), from €109,318 to €94,318
- Depreciation -€5,234
down €5,234 (-9.6%), from €54,265 to €49,031
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.
Cash bridge derived
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 | €1,766,891 | €1,721,534 | -€45,357 | -2.6% |
| Fixed assets | 21/28 | €1,372,314 | €1,146,216 | -€226,098 | -16.5% |
| Tangible fixed assets | 22/27 | €1,072,314 | €846,216 | -€226,098 | -21.1% |
| Land and buildings | 22 | €955,670 | €763,946 | -€191,724 | -20.1% |
| Plant, machinery and equipment | 23 | €4,171 | €2,813 | -€1,358 | -32.6% |
| Furniture and vehicles | 24 | €93,078 | €63,423 | -€29,655 | -31.9% |
| Other tangible fixed assets | 26 | €19,395 | €16,034 | -€3,361 | -17.3% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €394,577 | €575,319 | +€180,741 | +45.8% |
| Amounts receivable within one year | 40/41 | €51,190 | €46,989 | -€4,201 | -8.2% |
| Trade receivables | 40 | €46,983 | €46,989 | +€6 | 0.0% |
| Other amounts receivable | 41 | €4,207 | - | -€4,207 | |
| Cash at bank and in hand | 54/58 | €339,467 | €523,451 | +€183,984 | +54.2% |
| Deferred charges and accrued income | 490/1 | €3,920 | €4,879 | +€959 | +24.5% |
| Total equity and liabilities | 10/49 | €1,766,891 | €1,721,534 | -€45,357 | -2.6% |
| Equity | 10/15 | €1,267,980 | €991,384 | -€276,596 | -21.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €1,267,880 | €991,284 | -€276,596 | -21.8% |
| Distributable reserves | 133 | €1,267,880 | €991,284 | -€276,596 | -21.8% |
| Amounts payable | 17/49 | €498,911 | €730,151 | +€231,240 | +46.3% |
| Amounts payable after more than one year | 17 | €213,185 | €162,997 | -€50,187 | -23.5% |
| Financial debts | 170/4 | €213,185 | €162,997 | -€50,187 | -23.5% |
| Amounts payable within one year | 42/48 | €285,727 | €567,153 | +€281,427 | +98.5% |
| Current portion of amounts payable after more than one year | 42 | €80,425 | €40,832 | -€39,593 | -49.2% |
| Trade debts | 44 | €836 | €649 | -€187 | -22.4% |
| Suppliers | 440/4 | €836 | €649 | -€187 | -22.4% |
| Taxes, remuneration and social security | 45 | €39,524 | €66,973 | +€27,449 | +69.4% |
| Taxes | 450/3 | €39,524 | €66,973 | +€27,449 | +69.4% |
| Other amounts payable | 47/48 | €164,941 | €458,699 | +€293,758 | +178.1% |
| Non-recurring operating income | 76A | - | €77,064 | +€77,064 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,265 | €49,031 | -€5,234 | -9.6% |
| Other operating charges | 640/8 | €5,166 | €4,947 | -€220 | -4.3% |
| Gross operating margin | 9900 | €322,543 | €363,202 | +€40,659 | +12.6% |
| Operating profit (loss) | 9901 | €263,111 | €309,225 | +€46,113 | +17.5% |
| Financial income | 75/76B | €307,122 | €3,926 | -€303,196 | -98.7% |
| Recurring financial income | 75 | €307,122 | €3,926 | -€303,196 | -98.7% |
| Financial charges | 65/66B | €7,629 | €8,882 | +€1,253 | +16.4% |
| Recurring financial charges | 65 | €7,629 | €8,882 | +€1,253 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €562,604 | €304,269 | -€258,335 | -45.9% |
| Income taxes | 67/77 | €109,318 | €94,318 | -€15,000 | -13.7% |
| Profit (loss) for the period | 9904 | €453,286 | €209,951 | -€243,335 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €453,286 | €209,951 | -€243,335 | -53.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.