DHEATEC: 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.
DHEATEC
Largest movements
- Tangible fixed assets +€63,705
up €63,705 (+78.0%), from €81,680 to €145,385
of which Furniture and vehicles: +€49,793
- Cash +€46,999
up €46,999 (+47.7%), from €98,446 to €145,444
mainly Other debts (+€142,682) and Net result for the year (+€83,190)
- Current investments +€20,000
new in 2025: €20,000
- Receivables within one year -€6,001
down €6,001 (-45.7%), from €13,138 to €7,137
of which Other amounts receivable: -€6,001
- Other debts +€142,682
new in 2025: €142,682
- Reserves -€98,610
no longer reported in 2025 (was €98,610)
- Debts after one year +€30,079
up €30,079 (+74.1%), from €40,593 to €70,672
- Tax, wage and social debts +€28,138
up €28,138 (+200.4%), from €14,039 to €42,177
- Current portion of long-term debt +€23,947
up €23,947 (+377.5%), from €6,343 to €30,289
- Gross operating margin +€74,851
up €74,851 (+121.5%), from €61,588 to €136,440
- Depreciation +€15,399
up €15,399 (+119.5%), from €12,889 to €28,288
- Taxes +€9,925
up €9,925 (+92.7%), from €10,702 to €20,627
- Financial charges +€3,284
up €3,284 (+235.4%), from €1,395 to €4,679
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 | €193,263 | €317,966 | +€124,703 | +64.5% |
| Fixed assets | 21/28 | €81,680 | €145,385 | +€63,705 | +78.0% |
| Tangible fixed assets | 22/27 | €81,680 | €145,385 | +€63,705 | +78.0% |
| Plant, machinery and equipment | 23 | €8,776 | €23,108 | +€14,332 | +163.3% |
| Furniture and vehicles | 24 | €72,483 | €122,277 | +€49,793 | +68.7% |
| Leasing and similar rights | 25 | €421 | - | -€421 | |
| Current assets | 29/58 | €111,584 | €172,581 | +€60,998 | +54.7% |
| Amounts receivable within one year | 40/41 | €13,138 | €7,137 | -€6,001 | -45.7% |
| Trade receivables | 40 | €465 | €465 | = | 0.0% |
| Other amounts receivable | 41 | €12,673 | €6,672 | -€6,001 | -47.4% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €98,446 | €145,444 | +€46,999 | +47.7% |
| Total equity and liabilities | 10/49 | €193,263 | €317,966 | +€124,703 | +64.5% |
| Equity | 10/15 | €104,610 | €6,000 | -€98,610 | -94.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €98,610 | - | -€98,610 | |
| Distributable reserves | 133 | €98,610 | - | -€98,610 | |
| Amounts payable | 17/49 | €88,653 | €311,966 | +€223,313 | +251.9% |
| Amounts payable after more than one year | 17 | €40,593 | €70,672 | +€30,079 | +74.1% |
| Financial debts | 170/4 | €40,593 | €70,672 | +€30,079 | +74.1% |
| Amounts payable within one year | 42/48 | €44,610 | €237,844 | +€193,234 | +433.2% |
| Current portion of amounts payable after more than one year | 42 | €6,343 | €30,289 | +€23,947 | +377.5% |
| Trade debts | 44 | €24,228 | €22,695 | -€1,533 | -6.3% |
| Suppliers | 440/4 | €24,228 | €22,695 | -€1,533 | -6.3% |
| Taxes, remuneration and social security | 45 | €14,039 | €42,177 | +€28,138 | +200.4% |
| Taxes | 450/3 | €14,039 | €42,177 | +€28,138 | +200.4% |
| Other amounts payable | 47/48 | - | €142,682 | +€142,682 | |
| Accrued charges and deferred income | 492/3 | €3,450 | €3,450 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,889 | €28,288 | +€15,399 | +119.5% |
| Other operating charges | 640/8 | €1,480 | €1,367 | -€113 | -7.6% |
| Gross operating margin | 9900 | €61,588 | €136,440 | +€74,851 | +121.5% |
| Operating profit (loss) | 9901 | €47,219 | €106,784 | +€59,565 | +126.1% |
| Financial income | 75/76B | €1,765 | €1,711 | -€54 | -3.1% |
| Recurring financial income | 75 | €1,765 | €1,711 | -€54 | -3.1% |
| Financial charges | 65/66B | €1,395 | €4,679 | +€3,284 | +235.4% |
| Recurring financial charges | 65 | €1,395 | €4,679 | +€3,284 | +235.4% |
| Profit (loss) for the period before taxes | 9903 | €47,589 | €103,816 | +€56,227 | +118.2% |
| Income taxes | 67/77 | €10,702 | €20,627 | +€9,925 | +92.7% |
| Profit (loss) for the period | 9904 | €36,888 | €83,190 | +€46,302 | +125.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,888 | €83,190 | +€46,302 | +125.5% |
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 7 October 2026 via checked.be.