DHZ DE LINDE: what changed
What changed
DHZ DE LINDE
NACE 47.783, Retail trade
filed annual accounts (NBB)
Net result for the year
-€2,157
2024 · €19,216-€21,372
Equity
€141,226
2024 · €143,383-€2,157
Cash
€182,520
2024 · €169,729+€12,791
Balance sheet total
€930,485
2024 · €835,827+€94,658
Largest movements
Assets
- Stocks and contracts +€24,788
up €24,788 (+4.4%), from €563,276 to €588,064
- Deferred charges and accrued income +€23,222
new in 2025: €23,222
- Receivables within one year +€21,572
up €21,572 (+71.4%), from €30,226 to €51,798
of which Trade receivables: +€23,680
- Cash +€12,791
up €12,791 (+7.5%), from €169,729 to €182,520
mainly Trade debts (+€90,224) and Debts after one year (+€24,294)
- Tangible fixed assets +€9,364
up €9,364 (+13.9%), from €67,596 to €76,961
of which Land and buildings: +€20,938
Equity and liabilities
- Trade debts +€90,224
up €90,224 (+163%), from €55,203 to €145,427
of which Suppliers: +€90,224
- Debts after one year +€24,294
new in 2025: €24,294
- Other debts -€15,881
down €15,881 (-2.7%), from €588,982 to €573,101
Income statement
- Staff costs +€28,567
up €28,567 (+25.4%), from €112,440 to €141,008
- Gross operating margin -€8,802
down €8,802 (-5.1%), from €172,685 to €163,883
- Financial charges -€7,469
down €7,469 (-66.5%), from €11,223 to €3,755
- Other operating charges -€3,799
down €3,799 (-32.3%), from €11,769 to €7,970
- Financial income +€3,634
up €3,634 (+199%), from €1,830 to €5,464
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€19,216
Gross operating margin
-€8,802
Staff costs
-€28,567
Depreciation
+€888
Write-downs
-€693
Other operating charges
+€3,799
Financial income
+€3,634
Financial charges
+€7,469
Taxes
+€900
Result 2025
-€2,157
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€25,946
Investment
-€30,363
Financing
+€17,208
Cash 2024
€169,729
From operations (derived)
+€25,946
Net result for the year
-€2,157
Depreciation
+€18,079
Stocks and contracts
-€24,788
Receivables within one year
-€21,572
Deferred charges and accrued income
-€23,222
Trade debts
+€90,224
Tax, wage and social debts
+€4,809
Other debts
-€15,881
Accrued charges and deferred income
+€454
Investment (derived)
-€30,363
Investment in fixed assets (net)
-€30,363
Financing
+€17,208
Debts after one year
+€24,294
Current portion of long-term debt
-€7,086
Cash 2025
€182,520
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €835,827 | €930,485 | +€94,658 | +11.3% |
| Fixed assets | 21/28 | €72,596 | €84,881 | +€12,284 | +16.9% |
| Intangible fixed assets | 21 | - | €2,920 | +€2,920 | |
| Tangible fixed assets | 22/27 | €67,596 | €76,961 | +€9,364 | +13.9% |
| Land and buildings | 22 | €18,977 | €39,916 | +€20,938 | +110% |
| Plant, machinery and equipment | 23 | €17,793 | €12,732 | -€5,061 | -28.4% |
| Furniture and vehicles | 24 | €29,572 | €23,477 | -€6,095 | -20.6% |
| Other tangible fixed assets | 26 | €1,253 | €836 | -€418 | -33.3% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €763,231 | €845,604 | +€82,374 | +10.8% |
| Stocks and contracts in progress | 3 | €563,276 | €588,064 | +€24,788 | +4.4% |
| Stocks | 30/36 | €563,276 | €588,064 | +€24,788 | +4.4% |
| Amounts receivable within one year | 40/41 | €30,226 | €51,798 | +€21,572 | +71.4% |
| Trade receivables | 40 | €24,093 | €47,773 | +€23,680 | +98.3% |
| Other amounts receivable | 41 | €6,133 | €4,025 | -€2,108 | -34.4% |
| Cash at bank and in hand | 54/58 | €169,729 | €182,520 | +€12,791 | +7.5% |
| Deferred charges and accrued income | 490/1 | - | €23,222 | +€23,222 | |
| Total equity and liabilities | 10/49 | €835,827 | €930,485 | +€94,658 | +11.3% |
| Equity | 10/15 | €143,383 | €141,226 | -€2,157 | -1.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €454,448 | €454,448 | = | 0.0% |
| Non-distributable reserves | 130/1 | €494 | €494 | = | 0.0% |
| Reserves not available under the articles | 1311 | €494 | €494 | = | 0.0% |
| Tax-exempt reserves | 132 | €155,725 | €155,725 | = | 0.0% |
| Distributable reserves | 133 | €298,229 | €298,229 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€372,566 | -€374,722 | -€2,157 | -0.6% |
| Amounts payable | 17/49 | €692,444 | €789,259 | +€96,815 | +14.0% |
| Amounts payable after more than one year | 17 | - | €24,294 | +€24,294 | |
| Financial debts | 170/4 | - | €24,294 | +€24,294 | |
| Amounts payable within one year | 42/48 | €692,444 | €764,511 | +€72,067 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €20,493 | €13,407 | -€7,086 | -34.6% |
| Trade debts | 44 | €55,203 | €145,427 | +€90,224 | +163% |
| Suppliers | 440/4 | €41,606 | €131,830 | +€90,224 | +217% |
| Bills of exchange payable | 441 | €13,597 | €13,597 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €27,767 | €32,576 | +€4,809 | +17.3% |
| Taxes | 450/3 | €13,962 | €8,358 | -€5,603 | -40.1% |
| Remuneration and social security | 454/9 | €13,805 | €24,218 | +€10,413 | +75.4% |
| Other amounts payable | 47/48 | €588,982 | €573,101 | -€15,881 | -2.7% |
| Accrued charges and deferred income | 492/3 | - | €454 | +€454 | |
| Remuneration, social security and pensions | 62 | €112,440 | €141,008 | +€28,567 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,967 | €18,079 | -€888 | -4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €693 | +€693 | |
| Other operating charges | 640/8 | €11,769 | €7,970 | -€3,799 | -32.3% |
| Gross operating margin | 9900 | €172,685 | €163,883 | -€8,802 | -5.1% |
| Operating profit (loss) | 9901 | €29,508 | -€3,866 | -€33,375 | |
| Financial income | 75/76B | €1,830 | €5,464 | +€3,634 | +199% |
| Recurring financial income | 75 | €1,830 | €5,464 | +€3,634 | +199% |
| Financial charges | 65/66B | €11,223 | €3,755 | -€7,469 | -66.5% |
| Recurring financial charges | 65 | €11,223 | €3,755 | -€7,469 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | €20,116 | -€2,157 | -€22,272 | |
| Income taxes | 67/77 | €900 | - | -€900 | |
| Profit (loss) for the period | 9904 | €19,216 | -€2,157 | -€21,372 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,216 | -€2,157 | -€21,372 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.