DIERKENS H&E: 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.
DIERKENS H&E
Largest movements
- Current investments +€86,071
up €86,071 (+45.9%), from €187,685 to €273,756
- Cash +€43,007
up €43,007 (+19.3%), from €223,253 to €266,260
mainly Depreciation (+€46,157) and Stocks and contracts (+€39,013)
- Tangible fixed assets -€41,566
down €41,566 (-10.5%), from €394,084 to €352,518
- Stocks and contracts -€39,013
down €39,013 (-8.1%), from €482,874 to €443,861
- Receivables within one year -€20,138
down €20,138 (-51.1%), from €39,403 to €19,265
of which Trade receivables: -€26,211
- Accrued charges and deferred income +€29,510
up €29,510 (+82.2%), from €35,885 to €65,395
- Reserves +€29,332
up €29,332 (+5.2%), from €563,723 to €593,055
- Gross operating margin -€27,820
down €27,820 (-13.5%), from €206,509 to €178,690
- Staff costs +€12,611
up €12,611 (+26.4%), from €47,776 to €60,387
- Taxes -€11,599
down €11,599 (-41.9%), from €27,672 to €16,073
- Depreciation +€7,132
up €7,132 (+18.3%), from €39,024 to €46,157
- Financial charges -€5,774
down €5,774 (-16.3%), from €35,495 to €29,721
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,334,859 | €1,365,900 | +€31,041 | +2.3% |
| Fixed assets | 21/28 | €394,406 | €352,841 | -€41,566 | -10.5% |
| Tangible fixed assets | 22/27 | €394,084 | €352,518 | -€41,566 | -10.5% |
| Land and buildings | 22 | €280,662 | €264,331 | -€16,331 | -5.8% |
| Plant, machinery and equipment | 23 | €62,174 | €48,578 | -€13,596 | -21.9% |
| Furniture and vehicles | 24 | €32,989 | €22,767 | -€10,222 | -31.0% |
| Other tangible fixed assets | 26 | €18,259 | €16,843 | -€1,416 | -7.8% |
| Financial fixed assets | 28 | €322 | €322 | = | 0.0% |
| Current assets | 29/58 | €940,453 | €1,013,059 | +€72,606 | +7.7% |
| Stocks and contracts in progress | 3 | €482,874 | €443,861 | -€39,013 | -8.1% |
| Stocks | 30/36 | €482,874 | €443,861 | -€39,013 | -8.1% |
| Amounts receivable within one year | 40/41 | €39,403 | €19,265 | -€20,138 | -51.1% |
| Trade receivables | 40 | €35,404 | €9,193 | -€26,211 | -74.0% |
| Other amounts receivable | 41 | €4,000 | €10,072 | +€6,073 | +152% |
| Current investments | 50/53 | €187,685 | €273,756 | +€86,071 | +45.9% |
| Cash at bank and in hand | 54/58 | €223,253 | €266,260 | +€43,007 | +19.3% |
| Deferred charges and accrued income | 490/1 | €7,238 | €9,917 | +€2,679 | +37.0% |
| Total equity and liabilities | 10/49 | €1,334,859 | €1,365,900 | +€31,041 | +2.3% |
| Equity | 10/15 | €758,477 | €787,808 | +€29,332 | +3.9% |
| Contributions | 10/11 | €194,754 | €194,754 | = | 0.0% |
| Reserves | 13 | €563,723 | €593,055 | +€29,332 | +5.2% |
| Distributable reserves | 133 | €563,723 | €593,055 | +€29,332 | +5.2% |
| Amounts payable | 17/49 | €576,382 | €578,091 | +€1,709 | +0.3% |
| Amounts payable within one year | 42/48 | €540,497 | €512,696 | -€27,801 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €10,263 | €1,674 | -€8,589 | -83.7% |
| Suppliers | 440/4 | €10,263 | €1,674 | -€8,589 | -83.7% |
| Taxes, remuneration and social security | 45 | €33,429 | €23,110 | -€10,319 | -30.9% |
| Taxes | 450/3 | €30,073 | €13,164 | -€16,910 | -56.2% |
| Remuneration and social security | 454/9 | €3,356 | €9,947 | +€6,591 | +196% |
| Other amounts payable | 47/48 | €496,805 | €487,912 | -€8,893 | -1.8% |
| Accrued charges and deferred income | 492/3 | €35,885 | €65,395 | +€29,510 | +82.2% |
| Remuneration, social security and pensions | 62 | €47,776 | €60,387 | +€12,611 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,024 | €46,157 | +€7,132 | +18.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €300 | +€300 | |
| Other operating charges | 640/8 | €4,911 | €5,243 | +€333 | +6.8% |
| Gross operating margin | 9900 | €206,509 | €178,690 | -€27,820 | -13.5% |
| Operating profit (loss) | 9901 | €114,798 | €66,602 | -€48,196 | -42.0% |
| Financial income | 75/76B | €5,617 | €8,524 | +€2,907 | +51.7% |
| Recurring financial income | 75 | €5,617 | €8,524 | +€2,907 | +51.7% |
| Financial charges | 65/66B | €35,495 | €29,721 | -€5,774 | -16.3% |
| Recurring financial charges | 65 | €35,495 | €29,721 | -€5,774 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €84,920 | €45,405 | -€39,516 | -46.5% |
| Income taxes | 67/77 | €27,672 | €16,073 | -€11,599 | -41.9% |
| Profit (loss) for the period | 9904 | €57,248 | €29,332 | -€27,916 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,248 | €29,332 | -€27,916 | -48.8% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.