DHONDT ELECTRO SYSTEMS: 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.
DHONDT ELECTRO SYSTEMS
Largest movements
- Receivables within one year -€13,158
down €13,158 (-48.0%), from €27,421 to €14,263
of which Trade receivables: -€13,158
- Tangible fixed assets -€6,841
down €6,841 (-22.3%), from €30,698 to €23,857
of which Furniture and vehicles: -€6,346
- Cash -€3,718
down €3,718 (-25.9%), from €14,352 to €10,634
mainly Net result for the year (-€14,164) and Debts after one year (-€5,448)
- Stocks and contracts -€2,224
down €2,224 (-3.3%), from €66,873 to €64,649
- Reserves -€7,966
down €7,966 (-10.6%), from €75,456 to €67,490
of which Distributable reserves: -€7,966
- Profit (loss) carried forward -€6,198
down €6,198, from €0 to -€6,198
- Debts after one year -€5,448
down €5,448 (-26.3%), from €20,682 to €15,234
- Trade debts -€5,284
down €5,284 (-39.6%), from €13,342 to €8,059
- Other debts -€3,906
down €3,906 (-89.6%), from €4,360 to €454
- Depreciation +€1,927
up €1,927 (+39.2%), from €4,913 to €6,841
- Gross operating margin +€750
up €750 (+13.7%), from -€5,468 to -€4,719
- Financial charges +€335
up €335 (+24.9%), from €1,345 to €1,681
- Financial income +€189
up €189 (+1,143%), from €16 to €205
- Other operating charges -€152
down €152 (-11.9%), from €1,281 to €1,129
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 | €141,642 | €115,263 | -€26,380 | -18.6% |
| Fixed assets | 21/28 | €31,318 | €24,477 | -€6,841 | -21.8% |
| Tangible fixed assets | 22/27 | €30,698 | €23,857 | -€6,841 | -22.3% |
| Furniture and vehicles | 24 | €27,375 | €21,029 | -€6,346 | -23.2% |
| Other tangible fixed assets | 26 | €3,323 | €2,828 | -€495 | -14.9% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €110,324 | €90,785 | -€19,539 | -17.7% |
| Stocks and contracts in progress | 3 | €66,873 | €64,649 | -€2,224 | -3.3% |
| Stocks | 30/36 | €66,873 | €64,649 | -€2,224 | -3.3% |
| Amounts receivable within one year | 40/41 | €27,421 | €14,263 | -€13,158 | -48.0% |
| Trade receivables | 40 | €27,421 | €14,263 | -€13,158 | -48.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €14,352 | €10,634 | -€3,718 | -25.9% |
| Deferred charges and accrued income | 490/1 | €1,678 | €1,238 | -€440 | -26.2% |
| Total equity and liabilities | 10/49 | €141,642 | €115,263 | -€26,380 | -18.6% |
| Equity | 10/15 | €94,048 | €79,884 | -€14,164 | -15.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €75,456 | €67,490 | -€7,966 | -10.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €75,456 | €67,490 | -€7,966 | -10.6% |
| Profit (loss) carried forward | 14 | €0 | -€6,198 | -€6,198 | |
| Amounts payable | 17/49 | €47,594 | €35,378 | -€12,216 | -25.7% |
| Amounts payable after more than one year | 17 | €20,682 | €15,234 | -€5,448 | -26.3% |
| Financial debts | 170/4 | €20,682 | €15,234 | -€5,448 | -26.3% |
| Amounts payable within one year | 42/48 | €25,512 | €18,744 | -€6,768 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €5,213 | €5,448 | +€235 | +4.5% |
| Trade debts | 44 | €13,342 | €8,059 | -€5,284 | -39.6% |
| Suppliers | 440/4 | €13,342 | €8,059 | -€5,284 | -39.6% |
| Taxes, remuneration and social security | 45 | €2,597 | €4,783 | +€2,187 | +84.2% |
| Taxes | 450/3 | €2,597 | €4,783 | +€2,187 | +84.2% |
| Other amounts payable | 47/48 | €4,360 | €454 | -€3,906 | -89.6% |
| Accrued charges and deferred income | 492/3 | €1,400 | €1,400 | = | 0.0% |
| Non-recurring operating income | 76A | €207 | €0 | -€207 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,913 | €6,841 | +€1,927 | +39.2% |
| Other operating charges | 640/8 | €1,281 | €1,129 | -€152 | -11.9% |
| Gross operating margin | 9900 | -€5,468 | -€4,719 | +€750 | +13.7% |
| Operating profit (loss) | 9901 | -€11,663 | -€12,688 | -€1,026 | -8.8% |
| Financial income | 75/76B | €16 | €205 | +€189 | +1,143% |
| Recurring financial income | 75 | €16 | €205 | +€189 | +1,143% |
| Financial charges | 65/66B | €1,345 | €1,681 | +€335 | +24.9% |
| Recurring financial charges | 65 | €1,345 | €1,681 | +€335 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,991 | -€14,164 | -€1,173 | -9.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€12,991 | -€14,164 | -€1,173 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,991 | -€14,164 | -€1,173 | -9.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.