DHC INTERNATIONAL: 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.
DHC INTERNATIONAL
Largest movements
- Tangible fixed assets +€177,077
up €177,077 (+32.8%), from €539,908 to €716,985
of which Land and buildings: +€183,160
- Cash -€166,757
no longer reported in 2025 (was €166,757)
mainly Investment in fixed assets (net) (-€244,742) and Net result for the year (-€61,840)
- Receivables within one year +€25,742
up €25,742 (+14.5%), from €177,364 to €203,106
of which Other amounts receivable: +€25,742
- Short-term financial debts +€87,262
new in 2025: €87,262
- Profit (loss) carried forward -€61,840
new in 2025: -€61,840
- Trade debts +€49,431
up €49,431 (+30.4%), from €162,733 to €212,164
- Debts after one year -€38,030
down €38,030 (-25.2%), from €150,986 to €112,956
- Other debts +€35,986
up €35,986 (+13.1%), from €273,986 to €309,972
- Gross operating margin -€213,181
down €213,181 (-91.4%), from €233,275 to €20,094
- Depreciation +€23,174
up €23,174 (+52.1%), from €44,491 to €67,665
- Taxes -€10,816
down €10,816 (-97.6%), from €11,083 to €268
- Financial charges +€3,938
up €3,938 (+66.0%), from €5,965 to €9,904
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 | €884,716 | €920,091 | +€35,374 | +4.0% |
| Fixed assets | 21/28 | €539,908 | €716,985 | +€177,077 | +32.8% |
| Tangible fixed assets | 22/27 | €539,908 | €716,985 | +€177,077 | +32.8% |
| Land and buildings | 22 | €514,891 | €698,051 | +€183,160 | +35.6% |
| Furniture and vehicles | 24 | €15,256 | €11,364 | -€3,892 | -25.5% |
| Other tangible fixed assets | 26 | €9,761 | €7,570 | -€2,191 | -22.4% |
| Current assets | 29/58 | €344,808 | €203,106 | -€141,702 | -41.1% |
| Amounts receivable within one year | 40/41 | €177,364 | €203,106 | +€25,742 | +14.5% |
| Trade receivables | 40 | €131,850 | €131,850 | = | 0.0% |
| Other amounts receivable | 41 | €45,514 | €71,256 | +€25,742 | +56.6% |
| Cash at bank and in hand | 54/58 | €166,757 | - | -€166,757 | |
| Deferred charges and accrued income | 490/1 | €687 | - | -€687 | |
| Total equity and liabilities | 10/49 | €884,716 | €920,091 | +€35,374 | +4.0% |
| Equity | 10/15 | €197,198 | €135,358 | -€61,840 | -31.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €184,798 | €184,798 | = | 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 | €182,938 | €182,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€61,840 | -€61,840 | |
| Amounts payable | 17/49 | €687,519 | €784,733 | +€97,214 | +14.1% |
| Amounts payable after more than one year | 17 | €150,986 | €112,956 | -€38,030 | -25.2% |
| Financial debts | 170/4 | €150,986 | €112,956 | -€38,030 | -25.2% |
| Amounts payable within one year | 42/48 | €536,532 | €671,777 | +€135,244 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | €50,684 | €38,571 | -€12,113 | -23.9% |
| Financial debts | 43 | - | €87,262 | +€87,262 | |
| Credit institutions | 430/8 | - | €87,262 | +€87,262 | |
| Trade debts | 44 | €162,733 | €212,164 | +€49,431 | +30.4% |
| Suppliers | 440/4 | €162,733 | €212,164 | +€49,431 | +30.4% |
| Taxes, remuneration and social security | 45 | €49,129 | €23,808 | -€25,322 | -51.5% |
| Taxes | 450/3 | €49,129 | €23,808 | -€25,322 | -51.5% |
| Other amounts payable | 47/48 | €273,986 | €309,972 | +€35,986 | +13.1% |
| Non-recurring operating income | 76A | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,491 | €67,665 | +€23,174 | +52.1% |
| Other operating charges | 640/8 | €5,254 | €4,107 | -€1,147 | -21.8% |
| Gross operating margin | 9900 | €233,275 | €20,094 | -€213,181 | -91.4% |
| Operating profit (loss) | 9901 | €183,531 | -€51,678 | -€235,209 | |
| Financial income | 75/76B | €1 | €10 | +€9 | +774% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +774% |
| Financial charges | 65/66B | €5,965 | €9,904 | +€3,938 | +66.0% |
| Recurring financial charges | 65 | €5,965 | €9,904 | +€3,938 | +66.0% |
| Profit (loss) for the period before taxes | 9903 | €177,567 | -€61,572 | -€239,139 | |
| Income taxes | 67/77 | €11,083 | €268 | -€10,816 | -97.6% |
| Profit (loss) for the period | 9904 | €166,483 | -€61,840 | -€228,323 | |
| Profit (loss) for the period to be appropriated | 9905 | €166,483 | -€61,840 | -€228,323 |
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 1 November 2026 via checked.be.