DHH: 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.
DHH
Largest movements
- Tangible fixed assets -€12,073
down €12,073 (-6.6%), from €181,595 to €169,522
of which Land and buildings: -€9,476
- Receivables within one year -€9,596
down €9,596 (-27.7%), from €34,681 to €25,085
of which Trade receivables: -€6,142
- Trade debts -€33,913
down €33,913 (-70.2%), from €48,303 to €14,390
- Debts after one year +€32,000
up €32,000 (+4.9%), from €655,000 to €687,000
of which Financial debts: +€40,000
- Profit (loss) carried forward -€28,933
down €28,933 (-26.7%), from -€108,248 to -€137,181
- Gross operating margin -€12,713
down €12,713, from €1,037 to -€11,676
- Other operating charges +€1,457
up €1,457 (+546.4%), from €267 to €1,724
- Financial charges +€439
up €439 (+51.1%), from €859 to €1,297
- Financial income -€294
down €294 (-88.7%), from €331 to €38
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 | €627,697 | €596,417 | -€31,279 | -5.0% |
| Fixed assets | 21/28 | €542,432 | €528,159 | -€14,274 | -2.6% |
| Intangible fixed assets | 21 | €3,337 | €1,136 | -€2,201 | -65.9% |
| Tangible fixed assets | 22/27 | €181,595 | €169,522 | -€12,073 | -6.6% |
| Land and buildings | 22 | €175,560 | €166,084 | -€9,476 | -5.4% |
| Plant, machinery and equipment | 23 | €949 | €507 | -€442 | -46.6% |
| Furniture and vehicles | 24 | €5,086 | €2,932 | -€2,155 | -42.4% |
| Financial fixed assets | 28 | €357,500 | €357,500 | = | 0.0% |
| Current assets | 29/58 | €85,264 | €68,259 | -€17,006 | -19.9% |
| Stocks and contracts in progress | 3 | €33,410 | €27,411 | -€5,999 | -18.0% |
| Stocks | 30/36 | €33,410 | €27,411 | -€5,999 | -18.0% |
| Amounts receivable within one year | 40/41 | €34,681 | €25,085 | -€9,596 | -27.7% |
| Trade receivables | 40 | €23,498 | €17,356 | -€6,142 | -26.1% |
| Other amounts receivable | 41 | €11,183 | €7,729 | -€3,454 | -30.9% |
| Cash at bank and in hand | 54/58 | €17,173 | €15,762 | -€1,411 | -8.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €627,697 | €596,417 | -€31,279 | -5.0% |
| Equity | 10/15 | -€88,248 | -€117,181 | -€28,933 | -32.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,248 | -€137,181 | -€28,933 | -26.7% |
| Amounts payable | 17/49 | €715,945 | €713,599 | -€2,346 | -0.3% |
| Amounts payable after more than one year | 17 | €655,000 | €687,000 | +€32,000 | +4.9% |
| Financial debts | 170/4 | - | €40,000 | +€40,000 | |
| Other amounts payable | 178/9 | €655,000 | €647,000 | -€8,000 | -1.2% |
| Amounts payable within one year | 42/48 | €60,945 | €26,599 | -€34,346 | -56.4% |
| Financial debts | 43 | - | €1,180 | +€1,180 | |
| Credit institutions | 430/8 | - | €1,180 | +€1,180 | |
| Trade debts | 44 | €48,303 | €14,390 | -€33,913 | -70.2% |
| Suppliers | 440/4 | €48,303 | €14,390 | -€33,913 | -70.2% |
| Taxes, remuneration and social security | 45 | €12,642 | €10,996 | -€1,647 | -13.0% |
| Taxes | 450/3 | €10,063 | €6,888 | -€3,174 | -31.5% |
| Remuneration and social security | 454/9 | €2,579 | €4,107 | +€1,528 | +59.2% |
| Other amounts payable | 47/48 | - | €34 | +€34 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,388 | €14,274 | -€115 | -0.8% |
| Other operating charges | 640/8 | €267 | €1,724 | +€1,457 | +546.4% |
| Gross operating margin | 9900 | €1,037 | -€11,676 | -€12,713 | |
| Operating profit (loss) | 9901 | -€13,618 | -€27,673 | -€14,055 | -103.2% |
| Financial income | 75/76B | €331 | €38 | -€294 | -88.7% |
| Recurring financial income | 75 | €331 | €38 | -€294 | -88.7% |
| Financial charges | 65/66B | €859 | €1,297 | +€439 | +51.1% |
| Recurring financial charges | 65 | €859 | €1,297 | +€439 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,145 | -€28,933 | -€14,788 | -104.5% |
| Profit (loss) for the period | 9904 | -€14,145 | -€28,933 | -€14,788 | -104.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,145 | -€28,933 | -€14,788 | -104.5% |
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 11 October 2026 via checked.be.