DHOLDA MANAGEMENT: 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.
DHOLDA MANAGEMENT
Largest movements
- Receivables within one year +€61,217
new in 2025: €61,217
- Tangible fixed assets -€14,857
down €14,857 (-4.6%), from €321,996 to €307,139
- Profit (loss) carried forward +€104,414
no longer reported in 2025 (was -€104,414)
- Other debts -€60,346
down €60,346 (-22.7%), from €265,913 to €205,567
- Gross operating margin +€99,023
up €99,023 (+322%), from €30,756 to €129,778
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.
Derived cash bridge
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 | €324,254 | €370,723 | +€46,469 | +14.3% |
| Fixed assets | 21/28 | €321,996 | €307,139 | -€14,857 | -4.6% |
| Tangible fixed assets | 22/27 | €321,996 | €307,139 | -€14,857 | -4.6% |
| Land and buildings | 22 | €321,996 | €307,139 | -€14,857 | -4.6% |
| Current assets | 29/58 | €2,258 | €63,584 | +€61,326 | +2,716% |
| Amounts receivable within one year | 40/41 | - | €61,217 | +€61,217 | |
| Other amounts receivable | 41 | - | €61,217 | +€61,217 | |
| Cash at bank and in hand | 54/58 | €5 | €71 | +€67 | +1,440% |
| Deferred charges and accrued income | 490/1 | €2,254 | €2,296 | +€42 | +1.9% |
| Total equity and liabilities | 10/49 | €324,254 | €370,723 | +€46,469 | +14.3% |
| Equity | 10/15 | €43,859 | €151,109 | +€107,250 | +245% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €78,273 | €81,109 | +€2,836 | +3.6% |
| Tax-exempt reserves | 132 | €43,449 | €40,942 | -€2,507 | -5.8% |
| Distributable reserves | 133 | €34,824 | €40,166 | +€5,343 | +15.3% |
| Profit (loss) carried forward | 14 | -€104,414 | - | +€104,414 | |
| Provisions and deferred taxes | 16 | €14,483 | €13,647 | -€836 | -5.8% |
| Deferred taxes | 168 | €14,483 | €13,647 | -€836 | -5.8% |
| Amounts payable | 17/49 | €265,913 | €205,967 | -€59,946 | -22.5% |
| Amounts payable within one year | 42/48 | €265,913 | €205,967 | -€59,946 | -22.5% |
| Taxes, remuneration and social security | 45 | - | €400 | +€400 | |
| Taxes | 450/3 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €265,913 | €205,567 | -€60,346 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,304 | €17,719 | +€415 | +2.4% |
| Other operating charges | 640/8 | €4,059 | €4,202 | +€143 | +3.5% |
| Gross operating margin | 9900 | €30,756 | €129,778 | +€99,023 | +322% |
| Operating profit (loss) | 9901 | €9,393 | €107,857 | +€98,465 | +1,048% |
| Financial charges | 65/66B | €249 | €1,043 | +€794 | +319% |
| Recurring financial charges | 65 | €249 | €1,043 | +€794 | +319% |
| Profit (loss) for the period before taxes | 9903 | €9,144 | €106,814 | +€97,671 | +1,068% |
| Transfer from deferred taxes | 780 | €836 | €836 | = | 0.0% |
| Income taxes | 67/77 | - | €400 | +€400 | |
| Profit (loss) for the period | 9904 | €9,979 | €107,250 | +€97,271 | +975% |
| Transfer from tax-exempt reserves | 789 | €2,507 | €2,507 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,486 | €109,757 | +€97,271 | +779% |
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 25 October 2026 via checked.be.