DHV-TieM: 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.
DHV-TieM
Largest movements
- Cash -€6,231
down €6,231 (-7.9%), from €78,552 to €72,321
- Deferred charges and accrued income +€1,760
new in 2025: €1,760
- Tangible fixed assets +€1,521
new in 2025: €1,521
- Receivables within one year -€1,254
down €1,254 (-85.8%), from €1,461 to €208
of which Trade receivables: -€1,357
- Contributions +€16,940
up €16,940 (+210%), from €8,060 to €25,000
- Profit (loss) carried forward -€15,336
down €15,336 (-34.0%), from €45,150 to €29,814
- Other debts -€8,733
no longer reported in 2025 (was €8,733)
- Tax, wage and social debts +€2,013
up €2,013 (+67.1%), from €3,000 to €5,013
- Trade debts +€913
up €913 (+290%), from €315 to €1,227
- Gross operating margin +€4,559
up €4,559, from -€1,522 to €3,037
- Taxes +€1,448
new in 2025: €1,448
- Depreciation -€431
down €431 (-99.7%), from €433 to €1
- Financial income +€406
new in 2025: €406
of which Non-recurring financial income: +€207
- Other operating charges -€191
down €191 (-41.5%), from €461 to €270
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,013 | €75,809 | -€4,204 | -5.3% |
| Fixed assets | 21/28 | - | €1,521 | +€1,521 | |
| Tangible fixed assets | 22/27 | - | €1,521 | +€1,521 | |
| Plant, machinery and equipment | 23 | - | €1,521 | +€1,521 | |
| Current assets | 29/58 | €80,013 | €74,289 | -€5,725 | -7.2% |
| Amounts receivable within one year | 40/41 | €1,461 | €208 | -€1,254 | -85.8% |
| Trade receivables | 40 | €1,357 | - | -€1,357 | |
| Other amounts receivable | 41 | €105 | €208 | +€103 | +98.6% |
| Cash at bank and in hand | 54/58 | €78,552 | €72,321 | -€6,231 | -7.9% |
| Deferred charges and accrued income | 490/1 | - | €1,760 | +€1,760 | |
| Total equity and liabilities | 10/49 | €80,013 | €75,809 | -€4,204 | -5.3% |
| Equity | 10/15 | €67,965 | €69,569 | +€1,604 | +2.4% |
| Contributions | 10/11 | €8,060 | €25,000 | +€16,940 | +210% |
| Reserves | 13 | €14,755 | €14,755 | = | 0.0% |
| Distributable reserves | 133 | €14,755 | €14,755 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,150 | €29,814 | -€15,336 | -34.0% |
| Amounts payable | 17/49 | €12,048 | €6,240 | -€5,808 | -48.2% |
| Amounts payable within one year | 42/48 | €12,048 | €6,240 | -€5,808 | -48.2% |
| Trade debts | 44 | €315 | €1,227 | +€913 | +290% |
| Suppliers | 440/4 | €315 | €1,227 | +€913 | +290% |
| Taxes, remuneration and social security | 45 | €3,000 | €5,013 | +€2,013 | +67.1% |
| Taxes | 450/3 | €3,000 | €5,013 | +€2,013 | +67.1% |
| Other amounts payable | 47/48 | €8,733 | - | -€8,733 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €433 | €1 | -€431 | -99.7% |
| Other operating charges | 640/8 | €461 | €270 | -€191 | -41.5% |
| Gross operating margin | 9900 | -€1,522 | €3,037 | +€4,559 | |
| Operating profit (loss) | 9901 | -€2,417 | €2,765 | +€5,182 | |
| Financial income | 75/76B | - | €406 | +€406 | |
| Recurring financial income | 75 | - | €199 | +€199 | |
| Non-recurring financial income | 76B | - | €207 | +€207 | |
| Financial charges | 65/66B | €83 | €119 | +€36 | +43.5% |
| Recurring financial charges | 65 | €83 | €119 | +€36 | +43.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,499 | €3,052 | +€5,551 | |
| Income taxes | 67/77 | - | €1,448 | +€1,448 | |
| Profit (loss) for the period | 9904 | -€2,499 | €1,604 | +€4,103 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,499 | €1,604 | +€4,103 |
Source: filed annual accounts (NBB), financial years ended 1 January 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.