DHD TRANSPORT: 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.
DHD TRANSPORT
Largest movements
- Tangible fixed assets +€373,500
up €373,500 (+22,246%), from €1,679 to €375,179
of which Leasing and similar rights: +€373,971
- Receivables within one year +€48,642
up €48,642 (+41.9%), from €116,182 to €164,824
of which Trade receivables: +€69,404
- Cash +€37,984
up €37,984 (+26.8%), from €141,473 to €179,458
mainly Debts after one year (+€294,498) and Depreciation (+€118,043)
- Debts after one year +€294,498
up €294,498 (+1,188%), from €24,794 to €319,293
- Current portion of long-term debt +€109,987
up €109,987 (+2,966%), from €3,708 to €113,695
- Trade debts +€56,182
up €56,182 (+83.2%), from €67,556 to €123,738
- Other debts -€39,224
down €39,224 (-98.1%), from €40,000 to €776
- Tax, wage and social debts +€29,358
up €29,358 (+137%), from €21,401 to €50,759
of which Taxes: +€40,146
- Gross operating margin +€163,503
up €163,503 (+63.2%), from €258,801 to €422,303
- Depreciation +€116,467
up €116,467 (+7,387%), from €1,577 to €118,043
- Staff costs +€29,759
up €29,759 (+13.1%), from €226,380 to €256,139
- Financial charges +€15,070
up €15,070 (+1,368%), from €1,101 to €16,172
- Taxes +€7,106
new in 2025: €7,106
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 | €260,494 | €726,169 | +€465,675 | +179% |
| Fixed assets | 21/28 | €2,839 | €381,887 | +€379,048 | +13,352% |
| Tangible fixed assets | 22/27 | €1,679 | €375,179 | +€373,500 | +22,246% |
| Plant, machinery and equipment | 23 | €1,679 | €1,208 | -€471 | -28.1% |
| Leasing and similar rights | 25 | - | €373,971 | +€373,971 | |
| Financial fixed assets | 28 | €1,160 | €6,709 | +€5,549 | +478% |
| Current assets | 29/58 | €257,655 | €344,282 | +€86,626 | +33.6% |
| Amounts receivable within one year | 40/41 | €116,182 | €164,824 | +€48,642 | +41.9% |
| Trade receivables | 40 | €81,558 | €150,962 | +€69,404 | +85.1% |
| Other amounts receivable | 41 | €34,624 | €13,862 | -€20,762 | -60.0% |
| Cash at bank and in hand | 54/58 | €141,473 | €179,458 | +€37,984 | +26.8% |
| Total equity and liabilities | 10/49 | €260,494 | €726,169 | +€465,675 | +179% |
| Equity | 10/15 | €103,034 | €117,908 | +€14,873 | +14.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | - | €12,500 | +€12,500 | |
| Issued capital | 100 | - | €12,500 | +€12,500 | |
| Profit (loss) carried forward | 14 | €90,534 | €105,408 | +€14,873 | +16.4% |
| Amounts payable | 17/49 | €157,460 | €608,261 | +€450,801 | +286% |
| Amounts payable after more than one year | 17 | €24,794 | €319,293 | +€294,498 | +1,188% |
| Financial debts | 170/4 | €24,794 | €319,293 | +€294,498 | +1,188% |
| Amounts payable within one year | 42/48 | €132,666 | €288,969 | +€156,303 | +118% |
| Current portion of amounts payable after more than one year | 42 | €3,708 | €113,695 | +€109,987 | +2,966% |
| Trade debts | 44 | €67,556 | €123,738 | +€56,182 | +83.2% |
| Suppliers | 440/4 | €67,556 | €123,738 | +€56,182 | +83.2% |
| Taxes, remuneration and social security | 45 | €21,401 | €50,759 | +€29,358 | +137% |
| Taxes | 450/3 | €9,520 | €49,666 | +€40,146 | +422% |
| Remuneration and social security | 454/9 | €11,882 | €1,093 | -€10,788 | -90.8% |
| Other amounts payable | 47/48 | €40,000 | €776 | -€39,224 | -98.1% |
| Remuneration, social security and pensions | 62 | €226,380 | €256,139 | +€29,759 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,577 | €118,043 | +€116,467 | +7,387% |
| Other operating charges | 640/8 | €6,549 | €10,052 | +€3,503 | +53.5% |
| Gross operating margin | 9900 | €258,801 | €422,303 | +€163,503 | +63.2% |
| Operating profit (loss) | 9901 | €24,295 | €38,069 | +€13,774 | +56.7% |
| Financial income | 75/76B | €1 | €82 | +€80 | +5,694% |
| Recurring financial income | 75 | €1 | €82 | +€80 | +5,694% |
| Financial charges | 65/66B | €1,101 | €16,172 | +€15,070 | +1,368% |
| Recurring financial charges | 65 | €1,101 | €16,172 | +€15,070 | +1,368% |
| Profit (loss) for the period before taxes | 9903 | €23,195 | €21,979 | -€1,216 | -5.2% |
| Income taxes | 67/77 | - | €7,106 | +€7,106 | |
| Profit (loss) for the period | 9904 | €23,195 | €14,873 | -€8,322 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,195 | €14,873 | -€8,322 | -35.9% |
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 17 October 2026 via checked.be.