DHONDT LOGISTICS: 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 LOGISTICS
Largest movements
- Receivables within one year -€177,912
down €177,912 (-24.4%), from €730,521 to €552,608
of which Trade receivables: -€145,321
- Cash -€85,108
down €85,108 (-34.4%), from €247,283 to €162,175
mainly Investment in fixed assets (net) (-€427,000) and Trade debts (-€344,615)
- Tangible fixed assets +€47,421
up €47,421 (+1.9%), from €2.4m to €2.5m
- Trade debts -€344,615
down €344,615 (-42.7%), from €807,784 to €463,169
- Other debts +€200,894
up €200,894 (+12.6%), from €1.6m to €1.8m
- Profit (loss) carried forward -€58,037
down €58,037 (-9.2%), from €632,049 to €574,013
- Tax, wage and social debts -€50,870
down €50,870 (-30.3%), from €168,062 to €117,192
of which Taxes: -€33,422
- Accrued charges and deferred income +€36,161
new in 2025: €36,161
- Depreciation +€189,996
up €189,996 (+100%), from €189,584 to €379,579
- Staff costs -€93,832
down €93,832 (-7.6%), from €1.2m to €1.1m
- Financial charges +€35,921
up €35,921 (+925%), from €3,884 to €39,805
- Taxes -€20,869
down €20,869 (-99.6%), from €20,959 to €90
- Gross operating margin +€15,423
up €15,423 (+1.0%), from €1.5m to €1.5m
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 | €3,437,362 | €3,220,895 | -€216,467 | -6.3% |
| Fixed assets | 21/28 | €2,449,917 | €2,497,338 | +€47,421 | +1.9% |
| Tangible fixed assets | 22/27 | €2,447,142 | €2,494,563 | +€47,421 | +1.9% |
| Furniture and vehicles | 24 | €2,447,142 | €2,494,563 | +€47,421 | +1.9% |
| Financial fixed assets | 28 | €2,775 | €2,775 | = | 0.0% |
| Current assets | 29/58 | €987,445 | €723,557 | -€263,887 | -26.7% |
| Amounts receivable within one year | 40/41 | €730,521 | €552,608 | -€177,912 | -24.4% |
| Trade receivables | 40 | €687,232 | €541,911 | -€145,321 | -21.1% |
| Other amounts receivable | 41 | €43,289 | €10,697 | -€32,592 | -75.3% |
| Cash at bank and in hand | 54/58 | €247,283 | €162,175 | -€85,108 | -34.4% |
| Deferred charges and accrued income | 490/1 | €9,641 | €8,774 | -€867 | -9.0% |
| Total equity and liabilities | 10/49 | €3,437,362 | €3,220,895 | -€216,467 | -6.3% |
| Equity | 10/15 | €861,516 | €803,479 | -€58,037 | -6.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €204,467 | €204,467 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €201,967 | €201,967 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €632,049 | €574,013 | -€58,037 | -9.2% |
| Amounts payable | 17/49 | €2,575,846 | €2,417,416 | -€158,430 | -6.2% |
| Amounts payable within one year | 42/48 | €2,575,846 | €2,381,255 | -€194,591 | -7.6% |
| Trade debts | 44 | €807,784 | €463,169 | -€344,615 | -42.7% |
| Suppliers | 440/4 | €807,784 | €463,169 | -€344,615 | -42.7% |
| Taxes, remuneration and social security | 45 | €168,062 | €117,192 | -€50,870 | -30.3% |
| Taxes | 450/3 | €72,648 | €39,226 | -€33,422 | -46.0% |
| Remuneration and social security | 454/9 | €95,414 | €77,966 | -€17,448 | -18.3% |
| Other amounts payable | 47/48 | €1,600,000 | €1,800,894 | +€200,894 | +12.6% |
| Accrued charges and deferred income | 492/3 | - | €36,161 | +€36,161 | |
| Remuneration, social security and pensions | 62 | €1,228,679 | €1,134,847 | -€93,832 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,584 | €379,579 | +€189,996 | +100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,911 | +€1,911 | |
| Other operating charges | 640/8 | €7,368 | €10,206 | +€2,839 | +38.5% |
| Gross operating margin | 9900 | €1,492,979 | €1,508,402 | +€15,423 | +1.0% |
| Operating profit (loss) | 9901 | €67,349 | -€18,142 | -€85,491 | |
| Financial income | 75/76B | €3,496 | €0 | -€3,496 | -100% |
| Recurring financial income | 75 | €3,496 | €0 | -€3,496 | -100% |
| Financial charges | 65/66B | €3,884 | €39,805 | +€35,921 | +925% |
| Recurring financial charges | 65 | €3,884 | €39,805 | +€35,921 | +925% |
| Profit (loss) for the period before taxes | 9903 | €66,961 | -€57,947 | -€124,908 | |
| Income taxes | 67/77 | €20,959 | €90 | -€20,869 | -99.6% |
| Profit (loss) for the period | 9904 | €46,002 | -€58,037 | -€104,039 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,002 | -€58,037 | -€104,039 |
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 30 October 2026 via checked.be.