DHOGI: what changed
DHOGI
Largest movements
- Cash -€5,249
down €5,249 (-34.3%), from €15,320 to €10,071
mainly Receivables within one year (-€4,380) and Net result for the year (-€2,485)
- Receivables within one year +€4,380
up €4,380 (+128%), from €3,412 to €7,792
of which Other amounts receivable: +€4,667
- Tangible fixed assets -€603
no longer reported in 2025 (was €603)
- Profit (loss) carried forward -€2,485
down €2,485 (-60.6%), from -€4,098 to -€6,583
- Trade debts +€979
new in 2025: €979
- Gross operating margin +€1,561
up €1,561 (+50.6%), from -€3,087 to -€1,526
- Other operating charges -€230
down €230 (-33.1%), from €695 to €465
- Financial income +€174
up €174 (+145%), from €120 to €294
- Taxes +€165
new in 2025: €165
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,370 | €17,898 | -€1,472 | -7.6% |
| Fixed assets | 21/28 | €638 | €35 | -€603 | -94.5% |
| Tangible fixed assets | 22/27 | €603 | - | -€603 | |
| Furniture and vehicles | 24 | €603 | - | -€603 | |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €18,732 | €17,863 | -€869 | -4.6% |
| Amounts receivable within one year | 40/41 | €3,412 | €7,792 | +€4,380 | +128% |
| Trade receivables | 40 | €287 | - | -€287 | |
| Other amounts receivable | 41 | €3,125 | €7,792 | +€4,667 | +149% |
| Cash at bank and in hand | 54/58 | €15,320 | €10,071 | -€5,249 | -34.3% |
| Total equity and liabilities | 10/49 | €19,370 | €17,898 | -€1,472 | -7.6% |
| Equity | 10/15 | €19,238 | €16,754 | -€2,485 | -12.9% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €22,136 | €22,136 | = | 0.0% |
| Distributable reserves | 133 | €22,136 | €22,136 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,098 | -€6,583 | -€2,485 | -60.6% |
| Amounts payable | 17/49 | €132 | €1,144 | +€1,013 | +770% |
| Amounts payable within one year | 42/48 | €132 | €1,144 | +€1,013 | +770% |
| Trade debts | 44 | - | €979 | +€979 | |
| Suppliers | 440/4 | - | €979 | +€979 | |
| Taxes, remuneration and social security | 45 | €132 | €165 | +€33 | +25.5% |
| Taxes | 450/3 | €132 | €165 | +€33 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €628 | €603 | -€25 | -3.9% |
| Other operating charges | 640/8 | €695 | €465 | -€230 | -33.1% |
| Gross operating margin | 9900 | -€3,087 | -€1,526 | +€1,561 | +50.6% |
| Operating profit (loss) | 9901 | -€4,410 | -€2,594 | +€1,815 | +41.2% |
| Financial income | 75/76B | €120 | €294 | +€174 | +145% |
| Recurring financial income | 75 | €120 | €294 | +€174 | +145% |
| Financial charges | 65/66B | - | €20 | +€20 | |
| Recurring financial charges | 65 | - | €20 | +€20 | |
| Profit (loss) for the period before taxes | 9903 | -€4,290 | -€2,320 | +€1,970 | +45.9% |
| Income taxes | 67/77 | - | €165 | +€165 | |
| Profit (loss) for the period | 9904 | -€4,290 | -€2,485 | +€1,805 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,290 | -€2,485 | +€1,805 | +42.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.