DHP CONCRETE: 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
DHP CONCRETE
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€202,451
2024 · €233,533-€435,984
Equity
€5.3m
2024 · €5.5m-€202,451
Cash
€118,699
2024 · €244,713-€126,014
Balance sheet total
€9.5m
2024 · €9.7m-€153,199
Largest movements
Assets
- Financial fixed assets -€1.2m
down €1.2m (-72.3%), from €1.7m to €474,036
- Current investments +€1.2m
new in 2025: €1.2m
- Receivables after one year -€294,900
down €294,900 (-12.5%), from €2.4m to €2.1m
- Tangible fixed assets +€248,269
up €248,269 (+7.9%), from €3.2m to €3.4m
of which Land and buildings: +€326,091
- Cash -€126,014
down €126,014 (-51.5%), from €244,713 to €118,699
mainly Current investments (-€1.2m) and Net result for the year (-€202,451)
Equity and liabilities
- Other debts +€222,413
up €222,413 (+120%), from €186,050 to €408,463
- Reserves -€202,451
down €202,451 (-7.8%), from €2.6m to €2.4m
of which Distributable reserves: -€135,859
- Debts after one year -€165,295
down €165,295 (-4.8%), from €3.4m to €3.2m
of which Financial debts: -€125,233
Income statement
- Gross operating margin -€304,401
down €304,401 (-19.6%), from €1.6m to €1.2m
- Financial charges +€262,996
up €262,996 (+164%), from €160,062 to €423,058
of which Financial charges: +€262,897
- Financial income +€194,667
up €194,667 (+232%), from €83,956 to €278,622
- Staff costs +€189,673
up €189,673 (+20.5%), from €924,192 to €1.1m
- Depreciation +€19,303
up €19,303 (+24.9%), from €77,464 to €96,767
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
€233,533
Gross operating margin
-€304,401
Staff costs
-€189,673
Depreciation
-€19,303
Other operating charges
+€316
Other operating items
+€48,397
Financial income
+€194,667
Financial charges
-€262,996
Taxes
+€13,702
Deferred taxes and other
+€83,309
Result 2025
-€202,451
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€276,553
Investment
-€262,471
Financing
-€140,097
Cash 2024
€244,713
From operations (derived)
+€276,553
Net result for the year
-€202,451
Depreciation
+€96,767
Receivables after one year
+€294,900
Receivables within one year
-€78,229
Deferred charges and accrued income
-€23,784
Provisions
-€22,197
Trade debts
+€11,902
Tax, wage and social debts
-€15,862
Other debts
+€222,413
Accrued charges and deferred income
-€6,906
Investment (derived)
-€262,471
Investment in fixed assets (net)
+€894,400
Current investments
-€1.2m
Financing
-€140,097
Debts after one year
-€165,295
Current portion of long-term debt
-€21,625
Short-term financial debts
+€46,823
Cash 2025
€118,699
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,680,803 | €9,527,605 | -€153,199 | -1.6% |
| Fixed assets | 21/28 | €4,867,355 | €3,876,188 | -€991,168 | -20.4% |
| Tangible fixed assets | 22/27 | €3,153,883 | €3,402,152 | +€248,269 | +7.9% |
| Land and buildings | 22 | €1,557,407 | €1,883,498 | +€326,091 | +20.9% |
| Furniture and vehicles | 24 | €138,730 | €108,983 | -€29,746 | -21.4% |
| Leasing and similar rights | 25 | €69,411 | €47,585 | -€21,826 | -31.4% |
| Other tangible fixed assets | 26 | €1,388,335 | €1,362,086 | -€26,249 | -1.9% |
| Financial fixed assets | 28 | €1,713,473 | €474,036 | -€1.2m | -72.3% |
| Current assets | 29/58 | €4,813,448 | €5,651,417 | +€837,969 | +17.4% |
| Amounts receivable after more than one year | 29 | €2,352,400 | €2,057,500 | -€294,900 | -12.5% |
| Other amounts receivable | 291 | €2,352,400 | €2,057,500 | -€294,900 | -12.5% |
| Amounts receivable within one year | 40/41 | €2,210,808 | €2,289,036 | +€78,229 | +3.5% |
| Trade receivables | 40 | €295,544 | €344,179 | +€48,635 | +16.5% |
| Other amounts receivable | 41 | €1,915,264 | €1,944,858 | +€29,594 | +1.5% |
| Current investments | 50/53 | - | €1,156,871 | +€1.2m | |
| Cash at bank and in hand | 54/58 | €244,713 | €118,699 | -€126,014 | -51.5% |
| Deferred charges and accrued income | 490/1 | €5,527 | €29,311 | +€23,784 | +430% |
| Total equity and liabilities | 10/49 | €9,680,803 | €9,527,605 | -€153,199 | -1.6% |
| Equity | 10/15 | €5,507,221 | €5,304,769 | -€202,451 | -3.7% |
| Contributions | 10/11 | €2,908,804 | €2,908,804 | = | 0.0% |
| Reserves | 13 | €2,598,416 | €2,395,965 | -€202,451 | -7.8% |
| Tax-exempt reserves | 132 | €491,128 | €424,536 | -€66,592 | -13.6% |
| Distributable reserves | 133 | €2,107,288 | €1,971,430 | -€135,859 | -6.4% |
| Provisions and deferred taxes | 16 | €163,709 | €141,512 | -€22,197 | -13.6% |
| Deferred taxes | 168 | €163,709 | €141,512 | -€22,197 | -13.6% |
| Amounts payable | 17/49 | €4,009,874 | €4,081,324 | +€71,450 | +1.8% |
| Amounts payable after more than one year | 17 | €3,414,186 | €3,248,891 | -€165,295 | -4.8% |
| Financial debts | 170/4 | €612,186 | €486,953 | -€125,233 | -20.5% |
| Other amounts payable | 178/9 | €2,802,000 | €2,761,938 | -€40,062 | -1.4% |
| Amounts payable within one year | 42/48 | €587,567 | €831,218 | +€243,651 | +41.5% |
| Current portion of amounts payable after more than one year | 42 | €146,858 | €125,233 | -€21,625 | -14.7% |
| Financial debts | 43 | €0 | €46,823 | +€46,823 | |
| Credit institutions | 430/8 | €0 | €46,823 | +€46,823 | |
| Trade debts | 44 | €50,370 | €62,273 | +€11,902 | +23.6% |
| Suppliers | 440/4 | €50,370 | €62,273 | +€11,902 | +23.6% |
| Taxes, remuneration and social security | 45 | €204,289 | €188,427 | -€15,862 | -7.8% |
| Taxes | 450/3 | €54,972 | €65,678 | +€10,707 | +19.5% |
| Remuneration and social security | 454/9 | €149,317 | €122,748 | -€26,569 | -17.8% |
| Other amounts payable | 47/48 | €186,050 | €408,463 | +€222,413 | +120% |
| Accrued charges and deferred income | 492/3 | €8,120 | €1,214 | -€6,906 | -85.0% |
| Non-recurring operating income | 76A | €289,996 | €0 | -€289,996 | -100% |
| Remuneration, social security and pensions | 62 | €924,192 | €1,113,865 | +€189,673 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,464 | €96,767 | +€19,303 | +24.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €16,177 | €15,861 | -€316 | -2.0% |
| Non-recurring operating charges | 66A | €48,397 | €0 | -€48,397 | -100% |
| Gross operating margin | 9900 | €1,550,381 | €1,245,980 | -€304,401 | -19.6% |
| Operating profit (loss) | 9901 | €484,152 | €19,486 | -€464,666 | -96.0% |
| Financial income | 75/76B | €83,956 | €278,622 | +€194,667 | +232% |
| Recurring financial income | 75 | €83,956 | €278,622 | +€194,667 | +232% |
| Financial charges | 65/66B | €160,062 | €423,058 | +€262,996 | +164% |
| Recurring financial charges | 65 | €160,062 | €422,959 | +€262,897 | +164% |
| Non-recurring financial charges | 66B | - | €99 | +€99 | |
| Profit (loss) for the period before taxes | 9903 | €408,045 | -€124,949 | -€532,995 | |
| Transfer from deferred taxes | 780 | €9,704 | €22,197 | +€12,493 | +129% |
| Transfer to deferred taxes | 680 | €70,815 | €0 | -€70,815 | -100% |
| Income taxes | 67/77 | €113,401 | €99,699 | -€13,702 | -12.1% |
| Profit (loss) for the period | 9904 | €233,533 | -€202,451 | -€435,984 | |
| Transfer from tax-exempt reserves | 789 | €29,113 | €66,592 | +€37,480 | +129% |
| Transfer to tax-exempt reserves | 689 | €212,446 | €0 | -€212,446 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €50,200 | -€135,859 | -€186,059 |
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 30 October 2026 via checked.be.