DHS MOTORS: 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.
DHS MOTORS
Largest movements
- Receivables within one year +€8,859
up €8,859 (+22.2%), from €39,886 to €48,745
of which Other amounts receivable: +€22,591
- Tangible fixed assets +€8,108
up €8,108 (+21.2%), from €38,283 to €46,391
of which Furniture and vehicles: +€8,906
- Cash +€4,902
up €4,902 (+69.0%), from €7,107 to €12,009
mainly Current portion of long-term debt (+€27,842) and Depreciation (+€12,769)
- Deferred charges and accrued income -€2,363
down €2,363 (-93.6%), from €2,525 to €162
- Current portion of long-term debt +€27,842
up €27,842 (+438%), from €6,356 to €34,198
- Other debts -€5,733
no longer reported in 2025 (was €5,733)
- Debts after one year +€5,265
up €5,265 (+57.7%), from €9,124 to €14,389
- Trade debts -€3,272
down €3,272 (-8.3%), from €39,374 to €36,102
- Tax, wage and social debts -€2,349
down €2,349 (-48.9%), from €4,807 to €2,458
- Depreciation +€6,386
up €6,386 (+100%), from €6,383 to €12,769
- Gross operating margin -€6,293
down €6,293 (-32.3%), from €19,509 to €13,216
- Taxes -€2,157
no longer reported in 2025 (was €2,157)
- Financial charges +€1,984
up €1,984 (+192%), from €1,031 to €3,015
- Other operating charges -€339
down €339 (-52.5%), from €646 to €307
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 | €87,801 | €107,307 | +€19,506 | +22.2% |
| Fixed assets | 21/28 | €38,283 | €46,391 | +€8,108 | +21.2% |
| Tangible fixed assets | 22/27 | €38,283 | €46,391 | +€8,108 | +21.2% |
| Plant, machinery and equipment | 23 | €6,386 | €5,588 | -€798 | -12.5% |
| Furniture and vehicles | 24 | €31,897 | €40,803 | +€8,906 | +27.9% |
| Current assets | 29/58 | €49,518 | €60,916 | +€11,397 | +23.0% |
| Amounts receivable within one year | 40/41 | €39,886 | €48,745 | +€8,859 | +22.2% |
| Trade receivables | 40 | €38,372 | €24,640 | -€13,733 | -35.8% |
| Other amounts receivable | 41 | €1,514 | €24,105 | +€22,591 | +1,492% |
| Cash at bank and in hand | 54/58 | €7,107 | €12,009 | +€4,902 | +69.0% |
| Deferred charges and accrued income | 490/1 | €2,525 | €162 | -€2,363 | -93.6% |
| Total equity and liabilities | 10/49 | €87,801 | €107,307 | +€19,506 | +22.2% |
| Equity | 10/15 | €22,407 | €20,159 | -€2,248 | -10.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,407 | €16,159 | -€2,248 | -12.2% |
| Amounts payable | 17/49 | €65,393 | €87,147 | +€21,754 | +33.3% |
| Amounts payable after more than one year | 17 | €9,124 | €14,389 | +€5,265 | +57.7% |
| Financial debts | 170/4 | €9,124 | €14,389 | +€5,265 | +57.7% |
| Amounts payable within one year | 42/48 | €56,270 | €72,759 | +€16,489 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €6,356 | €34,198 | +€27,842 | +438% |
| Trade debts | 44 | €39,374 | €36,102 | -€3,272 | -8.3% |
| Suppliers | 440/4 | €39,374 | €36,102 | -€3,272 | -8.3% |
| Taxes, remuneration and social security | 45 | €4,807 | €2,458 | -€2,349 | -48.9% |
| Taxes | 450/3 | €4,807 | €2,458 | -€2,349 | -48.9% |
| Other amounts payable | 47/48 | €5,733 | - | -€5,733 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,383 | €12,769 | +€6,386 | +100% |
| Other operating charges | 640/8 | €646 | €307 | -€339 | -52.5% |
| Gross operating margin | 9900 | €19,509 | €13,216 | -€6,293 | -32.3% |
| Operating profit (loss) | 9901 | €12,480 | €140 | -€12,340 | -98.9% |
| Financial income | 75/76B | €313 | €627 | +€313 | +99.9% |
| Recurring financial income | 75 | €313 | €627 | +€313 | +99.9% |
| Financial charges | 65/66B | €1,031 | €3,015 | +€1,984 | +192% |
| Recurring financial charges | 65 | €1,031 | €3,015 | +€1,984 | +192% |
| Profit (loss) for the period before taxes | 9903 | €11,762 | -€2,248 | -€14,010 | |
| Income taxes | 67/77 | €2,157 | - | -€2,157 | |
| Profit (loss) for the period | 9904 | €9,605 | -€2,248 | -€11,854 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,605 | -€2,248 | -€11,854 |
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 31 October 2026 via checked.be.