DHO Consulting: 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.
DHO Consulting
Largest movements
- Cash -€16,339
down €16,339 (-16.5%), from €98,938 to €82,599
mainly Other debts (-€73,533) and Accrued charges and deferred income (-€4,349)
- Other debts -€73,533
down €73,533 (-46.8%), from €157,165 to €83,632
- Reserves +€56,364
new in 2025: €56,364
- Accrued charges and deferred income -€4,349
no longer reported in 2025 (was €4,349)
- Gross operating margin -€15,471
down €15,471 (-15.8%), from €98,147 to €82,676
- Financial charges -€4,740
down €4,740 (-66.5%), from €7,129 to €2,389
- Taxes +€3,562
up €3,562 (+19.6%), from €18,162 to €21,724
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 | €183,341 | €162,772 | -€20,569 | -11.2% |
| Fixed assets | 21/28 | €13,702 | €12,563 | -€1,139 | -8.3% |
| Tangible fixed assets | 22/27 | €13,702 | €12,563 | -€1,139 | -8.3% |
| Plant, machinery and equipment | 23 | €289 | €714 | +€426 | +147.4% |
| Other tangible fixed assets | 26 | €13,413 | €11,849 | -€1,565 | -11.7% |
| Current assets | 29/58 | €169,639 | €150,209 | -€19,430 | -11.5% |
| Amounts receivable within one year | 40/41 | €20,024 | €18,476 | -€1,549 | -7.7% |
| Trade receivables | 40 | €18,150 | €14,520 | -€3,630 | -20.0% |
| Other amounts receivable | 41 | €1,874 | €3,956 | +€2,081 | +111.0% |
| Current investments | 50/53 | €49,000 | €49,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €98,938 | €82,599 | -€16,339 | -16.5% |
| Deferred charges and accrued income | 490/1 | €1,677 | €135 | -€1,543 | -92.0% |
| Total equity and liabilities | 10/49 | €183,341 | €162,772 | -€20,569 | -11.2% |
| Equity | 10/15 | €10,000 | €66,364 | +€56,364 | +563.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €56,364 | +€56,364 | |
| Distributable reserves | 133 | - | €56,364 | +€56,364 | |
| Amounts payable | 17/49 | €173,341 | €96,408 | -€76,934 | -44.4% |
| Amounts payable within one year | 42/48 | €168,992 | €96,408 | -€72,585 | -43.0% |
| Trade debts | 44 | €238 | €1 | -€238 | -99.6% |
| Suppliers | 440/4 | €238 | €1 | -€238 | -99.6% |
| Taxes, remuneration and social security | 45 | €11,589 | €12,775 | +€1,186 | +10.2% |
| Taxes | 450/3 | €11,589 | €12,775 | +€1,186 | +10.2% |
| Other amounts payable | 47/48 | €157,165 | €83,632 | -€73,533 | -46.8% |
| Accrued charges and deferred income | 492/3 | €4,349 | - | -€4,349 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,817 | €2,047 | +€231 | +12.7% |
| Other operating charges | 640/8 | €63 | €152 | +€89 | +140.4% |
| Gross operating margin | 9900 | €98,147 | €82,676 | -€15,471 | -15.8% |
| Operating profit (loss) | 9901 | €96,267 | €80,477 | -€15,790 | -16.4% |
| Financial charges | 65/66B | €7,129 | €2,389 | -€4,740 | -66.5% |
| Recurring financial charges | 65 | €7,129 | €2,389 | -€4,740 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | €89,138 | €78,088 | -€11,050 | -12.4% |
| Income taxes | 67/77 | €18,162 | €21,724 | +€3,562 | +19.6% |
| Profit (loss) for the period | 9904 | €70,976 | €56,364 | -€14,612 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €70,976 | €56,364 | -€14,612 | -20.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.