DHG Technics: 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.
DHG Technics
Largest movements
- Receivables within one year +€73,878
up €73,878 (+52.8%), from €139,967 to €213,845
of which Trade receivables: +€71,084
- Tangible fixed assets +€7,497
up €7,497 (+14.6%), from €51,367 to €58,864
of which Plant, machinery and equipment: +€13,574
- Cash +€5,960
up €5,960 (+76.8%), from €7,765 to €13,725
mainly Net result for the year (+€77,182) and Tax, wage and social debts (+€22,712)
- Financial fixed assets +€4,200
new in 2025: €4,200
- Reserves +€77,000
up €77,000 (+81.1%), from €95,000 to €172,000
- Tax, wage and social debts +€22,712
up €22,712 (+454.3%), from €4,999 to €27,711
of which Taxes: +€20,553
- Debts after one year -€8,248
down €8,248 (-19.3%), from €42,776 to €34,528
- Gross operating margin +€106,940
up €106,940 (+196.3%), from €54,473 to €161,413
- Staff costs +€36,557
new in 2025: €36,557
- Taxes +€19,429
up €19,429 (+178.5%), from €10,887 to €30,316
- Write-downs +€2,715
new in 2025: €2,715
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 | €199,681 | €291,697 | +€92,016 | +46.1% |
| Fixed assets | 21/28 | €51,367 | €63,064 | +€11,697 | +22.8% |
| Tangible fixed assets | 22/27 | €51,367 | €58,864 | +€7,497 | +14.6% |
| Plant, machinery and equipment | 23 | €3,437 | €17,011 | +€13,574 | +394.9% |
| Furniture and vehicles | 24 | €47,930 | €41,853 | -€6,077 | -12.7% |
| Financial fixed assets | 28 | - | €4,200 | +€4,200 | |
| Current assets | 29/58 | €148,314 | €228,633 | +€80,319 | +54.2% |
| Amounts receivable within one year | 40/41 | €139,967 | €213,845 | +€73,878 | +52.8% |
| Trade receivables | 40 | €117,563 | €188,647 | +€71,084 | +60.5% |
| Other amounts receivable | 41 | €22,404 | €25,198 | +€2,794 | +12.5% |
| Cash at bank and in hand | 54/58 | €7,765 | €13,725 | +€5,960 | +76.8% |
| Deferred charges and accrued income | 490/1 | €582 | €1,063 | +€481 | +82.6% |
| Total equity and liabilities | 10/49 | €199,681 | €291,697 | +€92,016 | +46.1% |
| Equity | 10/15 | €116,046 | €193,228 | +€77,182 | +66.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €95,000 | €172,000 | +€77,000 | +81.1% |
| Distributable reserves | 133 | €95,000 | €172,000 | +€77,000 | +81.1% |
| Profit (loss) carried forward | 14 | €1,046 | €1,228 | +€182 | +17.4% |
| Amounts payable | 17/49 | €83,635 | €98,469 | +€14,834 | +17.7% |
| Amounts payable after more than one year | 17 | €42,776 | €34,528 | -€8,248 | -19.3% |
| Financial debts | 170/4 | €42,776 | €34,528 | -€8,248 | -19.3% |
| Amounts payable within one year | 42/48 | €40,859 | €63,941 | +€23,082 | +56.5% |
| Trade debts | 44 | €35,860 | €35,398 | -€462 | -1.3% |
| Suppliers | 440/4 | €35,860 | €35,398 | -€462 | -1.3% |
| Taxes, remuneration and social security | 45 | €4,999 | €27,711 | +€22,712 | +454.3% |
| Taxes | 450/3 | €4,999 | €25,552 | +€20,553 | +411.1% |
| Remuneration and social security | 454/9 | - | €2,159 | +€2,159 | |
| Other amounts payable | 47/48 | - | €832 | +€832 | |
| Remuneration, social security and pensions | 62 | - | €36,557 | +€36,557 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,948 | €12,009 | -€939 | -7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,715 | +€2,715 | |
| Other operating charges | 640/8 | €366 | €375 | +€9 | +2.5% |
| Gross operating margin | 9900 | €54,473 | €161,413 | +€106,940 | +196.3% |
| Operating profit (loss) | 9901 | €41,159 | €109,757 | +€68,598 | +166.7% |
| Financial income | 75/76B | €30 | €43 | +€13 | +43.3% |
| Recurring financial income | 75 | €30 | €43 | +€13 | +43.3% |
| Financial charges | 65/66B | €894 | €2,302 | +€1,408 | +157.5% |
| Recurring financial charges | 65 | €894 | €2,302 | +€1,408 | +157.5% |
| Profit (loss) for the period before taxes | 9903 | €40,295 | €107,498 | +€67,203 | +166.8% |
| Income taxes | 67/77 | €10,887 | €30,316 | +€19,429 | +178.5% |
| Profit (loss) for the period | 9904 | €29,408 | €77,182 | +€47,774 | +162.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,408 | €77,182 | +€47,774 | +162.5% |
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 10 October 2026 via checked.be.