DHONDT: 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.
What changed
DHONDT
NACE 95.312, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €943,995+€148,173
Equity
€6.6m
2024 · €5.5m+€1.1m
Cash
€690,256
2024 · €490,946+€199,310
Balance sheet total
€7.1m
2024 · €5.9m+€1.2m
Largest movements
Assets
- Current investments +€1.1m
up €1.1m (+24.8%), from €4.5m to €5.7m
- Cash +€199,310
up €199,310 (+40.6%), from €490,946 to €690,256
mainly Net result for the year (+€1.1m) and Other debts (+€52,727)
Equity and liabilities
- Reserves +€1.1m
up €1.1m (+19.8%), from €5.5m to €6.6m
of which Distributable reserves: +€629,068
Income statement
- Gross operating margin +€195,094
up €195,094 (+15.2%), from €1.3m to €1.5m
- Taxes +€45,583
up €45,583 (+11.8%), from €387,472 to €433,055
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.
Result 2024
€943,995
Gross operating margin
+€195,094
Depreciation
+€1,134
Other operating charges
+€886
Financial income
-€931
Financial charges
-€2,427
Taxes
-€45,583
Result 2025
€1.1m
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.
From operations
+€1.3m
Investment
-€1.1m
Financing
€0
Cash 2024
€490,946
From operations (derived)
+€1.3m
Net result for the year
+€1.1m
Depreciation
+€46,320
Stocks and contracts
+€2,500
Receivables within one year
+€48,679
Deferred charges and accrued income
+€22,143
Trade debts
+€15,080
Tax, wage and social debts
+€46,806
Other debts
+€52,727
Investment (derived)
-€1.1m
Current investments
-€1.1m
Cash 2025
€690,256
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,858,501 | €7,065,283 | +€1.2m | +20.6% |
| Fixed assets | 21/28 | €557,847 | €511,527 | -€46,320 | -8.3% |
| Tangible fixed assets | 22/27 | €557,847 | €511,527 | -€46,320 | -8.3% |
| Land and buildings | 22 | €478,186 | €451,088 | -€27,099 | -5.7% |
| Plant, machinery and equipment | 23 | €72,975 | €58,754 | -€14,222 | -19.5% |
| Furniture and vehicles | 24 | €6,685 | €1,685 | -€5,000 | -74.8% |
| Current assets | 29/58 | €5,300,655 | €6,553,757 | +€1.3m | +23.6% |
| Stocks and contracts in progress | 3 | €2,500 | - | -€2,500 | |
| Stocks | 30/36 | €2,500 | - | -€2,500 | |
| Amounts receivable within one year | 40/41 | €234,092 | €185,413 | -€48,679 | -20.8% |
| Trade receivables | 40 | €206,894 | €175,142 | -€31,752 | -15.3% |
| Other amounts receivable | 41 | €27,198 | €10,271 | -€16,927 | -62.2% |
| Current investments | 50/53 | €4,549,112 | €5,676,226 | +€1.1m | +24.8% |
| Cash at bank and in hand | 54/58 | €490,946 | €690,256 | +€199,310 | +40.6% |
| Deferred charges and accrued income | 490/1 | €24,004 | €1,861 | -€22,143 | -92.2% |
| Total equity and liabilities | 10/49 | €5,858,501 | €7,065,283 | +€1.2m | +20.6% |
| Equity | 10/15 | €5,535,407 | €6,627,576 | +€1.1m | +19.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €5,516,815 | €6,608,984 | +€1.1m | +19.8% |
| Tax-exempt reserves | 132 | €1,183,010 | €1,646,110 | +€463,100 | +39.1% |
| Distributable reserves | 133 | €4,333,805 | €4,962,874 | +€629,068 | +14.5% |
| Amounts payable | 17/49 | €323,094 | €437,708 | +€114,613 | +35.5% |
| Amounts payable after more than one year | 17 | €18,592 | €18,592 | = | 0.0% |
| Financial debts | 170/4 | €18,592 | €18,592 | = | 0.0% |
| Amounts payable within one year | 42/48 | €304,502 | €419,116 | +€114,613 | +37.6% |
| Trade debts | 44 | €45,799 | €60,878 | +€15,080 | +32.9% |
| Suppliers | 440/4 | €45,799 | €60,878 | +€15,080 | +32.9% |
| Taxes, remuneration and social security | 45 | €236,164 | €282,971 | +€46,806 | +19.8% |
| Taxes | 450/3 | €125,086 | €162,849 | +€37,763 | +30.2% |
| Remuneration and social security | 454/9 | €111,078 | €120,121 | +€9,043 | +8.1% |
| Other amounts payable | 47/48 | €22,540 | €75,267 | +€52,727 | +233.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,454 | €46,320 | -€1,134 | -2.4% |
| Other operating charges | 640/8 | €5,196 | €4,309 | -€886 | -17.1% |
| Gross operating margin | 9900 | €1,285,869 | €1,480,963 | +€195,094 | +15.2% |
| Operating profit (loss) | 9901 | €1,233,219 | €1,430,333 | +€197,114 | +16.0% |
| Financial income | 75/76B | €97,644 | €96,713 | -€931 | -1.0% |
| Recurring financial income | 75 | €97,644 | €96,713 | -€931 | -1.0% |
| Financial charges | 65/66B | -€604 | €1,823 | +€2,427 | |
| Recurring financial charges | 65 | -€604 | €1,823 | +€2,427 | |
| Profit (loss) for the period before taxes | 9903 | €1,331,467 | €1,525,223 | +€193,756 | +14.6% |
| Income taxes | 67/77 | €387,472 | €433,055 | +€45,583 | +11.8% |
| Profit (loss) for the period | 9904 | €943,995 | €1,092,168 | +€148,173 | +15.7% |
| Transfer from tax-exempt reserves | 789 | €105,250 | - | -€105,250 | |
| Transfer to tax-exempt reserves | 689 | €399,950 | €463,100 | +€63,150 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €649,295 | €629,068 | -€20,227 | -3.1% |
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 12 October 2026 via checked.be.