DHD-construct&service: what changed
What changed
DHD-construct&service
NACE 25.530, Machining of metals
filed annual accounts (NBB)
Net result for the year
€94,583
2024 · €73,936+€20,647
Equity
€278,340
2024 · €183,757+€94,583
Cash
€162,528
2024 · €49,039+€113,489
Balance sheet total
€625,251
2024 · €538,365+€86,885
Largest movements
Assets
- Cash +€113,489
up €113,489 (+231%), from €49,039 to €162,528
mainly Net result for the year (+€94,583) and Depreciation (+€30,785)
- Receivables within one year -€26,314
down €26,314 (-9.5%), from €276,979 to €250,665
of which Trade receivables: -€22,705
Equity and liabilities
- Profit (loss) carried forward +€94,583
up €94,583 (+128%), from €73,936 to €168,519
- Debts after one year -€32,664
down €32,664 (-13.8%), from €237,309 to €204,645
- Trade debts +€21,556
up €21,556 (+36.4%), from €59,270 to €80,826
Income statement
- Gross operating margin +€40,941
up €40,941 (+32.1%), from €127,475 to €168,416
- Financial charges +€8,733
up €8,733 (+158%), from €5,538 to €14,271
- Depreciation +€7,718
up €7,718 (+33.5%), from €23,068 to €30,785
- Taxes +€6,923
up €6,923 (+31.8%), from €21,755 to €28,678
- Financial income +€2,409
new in 2025: €2,409
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.
Result 2024
€73,936
Gross operating margin
+€40,941
Depreciation
-€7,718
Other operating charges
+€1,014
Other operating items
-€344
Financial income
+€2,409
Financial charges
-€8,733
Taxes
-€6,923
Result 2025
€94,583
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€172,934
Investment
-€29,784
Financing
-€29,662
Cash 2024
€49,039
From operations (derived)
+€172,934
Net result for the year
+€94,583
Depreciation
+€30,785
Receivables within one year
+€26,314
Deferred charges and accrued income
-€712
Trade debts
+€21,556
Tax, wage and social debts
-€25
Accrued charges and deferred income
+€433
Investment (derived)
-€29,784
Investment in fixed assets (net)
-€29,784
Financing
-€29,662
Debts after one year
-€32,664
Current portion of long-term debt
+€3,002
Cash 2025
€162,528
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €538,365 | €625,251 | +€86,885 | +16.1% |
| Fixed assets | 21/28 | €212,187 | €211,185 | -€1,002 | -0.5% |
| Tangible fixed assets | 22/27 | €212,187 | €211,185 | -€1,002 | -0.5% |
| Land and buildings | 22 | €152,850 | €148,770 | -€4,080 | -2.7% |
| Plant, machinery and equipment | 23 | €24,340 | €24,717 | +€377 | +1.5% |
| Furniture and vehicles | 24 | €34,997 | €37,698 | +€2,701 | +7.7% |
| Current assets | 29/58 | €326,178 | €414,065 | +€87,887 | +26.9% |
| Amounts receivable within one year | 40/41 | €276,979 | €250,665 | -€26,314 | -9.5% |
| Trade receivables | 40 | €223,500 | €200,795 | -€22,705 | -10.2% |
| Other amounts receivable | 41 | €53,478 | €49,870 | -€3,608 | -6.7% |
| Cash at bank and in hand | 54/58 | €49,039 | €162,528 | +€113,489 | +231% |
| Deferred charges and accrued income | 490/1 | €160 | €872 | +€712 | +444% |
| Total equity and liabilities | 10/49 | €538,365 | €625,251 | +€86,885 | +16.1% |
| Equity | 10/15 | €183,757 | €278,340 | +€94,583 | +51.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €106,820 | €106,820 | = | 0.0% |
| Distributable reserves | 133 | €106,820 | €106,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,936 | €168,519 | +€94,583 | +128% |
| Amounts payable | 17/49 | €354,609 | €346,911 | -€7,698 | -2.2% |
| Amounts payable after more than one year | 17 | €237,309 | €204,645 | -€32,664 | -13.8% |
| Financial debts | 170/4 | €237,309 | €204,645 | -€32,664 | -13.8% |
| Amounts payable within one year | 42/48 | €117,300 | €141,833 | +€24,533 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €27,990 | €30,992 | +€3,002 | +10.7% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €59,270 | €80,826 | +€21,556 | +36.4% |
| Suppliers | 440/4 | €59,270 | €80,826 | +€21,556 | +36.4% |
| Taxes, remuneration and social security | 45 | €40 | €15 | -€25 | -61.8% |
| Taxes | 450/3 | €40 | €15 | -€25 | -61.8% |
| Accrued charges and deferred income | 492/3 | - | €433 | +€433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,068 | €30,785 | +€7,718 | +33.5% |
| Other operating charges | 640/8 | €3,178 | €2,164 | -€1,014 | -31.9% |
| Non-recurring operating charges | 66A | - | €344 | +€344 | |
| Gross operating margin | 9900 | €127,475 | €168,416 | +€40,941 | +32.1% |
| Operating profit (loss) | 9901 | €101,229 | €135,122 | +€33,893 | +33.5% |
| Financial income | 75/76B | - | €2,409 | +€2,409 | |
| Recurring financial income | 75 | - | €2,409 | +€2,409 | |
| Financial charges | 65/66B | €5,538 | €14,271 | +€8,733 | +158% |
| Recurring financial charges | 65 | €5,538 | €14,271 | +€8,733 | +158% |
| Profit (loss) for the period before taxes | 9903 | €95,691 | €123,261 | +€27,570 | +28.8% |
| Income taxes | 67/77 | €21,755 | €28,678 | +€6,923 | +31.8% |
| Profit (loss) for the period | 9904 | €73,936 | €94,583 | +€20,647 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €73,936 | €94,583 | +€20,647 | +27.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 3 November 2026 via checked.be.