DKH PROJECTS: 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.
DKH PROJECTS
Largest movements
- Cash +€16,917
up €16,917 (+83.9%), from €20,155 to €37,072
mainly Net result for the year (+€15,238) and Receivables within one year (+€8,180)
- Intangible fixed assets +€9,352
new in 2025: €9,352
- Receivables within one year -€8,180
down €8,180 (-21.7%), from €37,770 to €29,590
of which Trade receivables: -€11,102
- Deferred charges and accrued income -€1,734
no longer reported in 2025 (was €1,734)
- Reserves +€9,355
up €9,355 (+18.6%), from €50,326 to €59,682
- Tax, wage and social debts +€4,186
up €4,186 (+60.0%), from €6,976 to €11,161
of which Remuneration and social security: +€2,200
- Trade debts +€3,502
up €3,502 (+104.6%), from €3,348 to €6,850
- Other debts -€1,796
no longer reported in 2025 (was €1,796)
- Gross operating margin +€39,264
up €39,264, from -€19,975 to €19,289
- Depreciation +€1,225
up €1,225 (+103.5%), from €1,184 to €2,410
- Taxes +€1,165
new in 2025: €1,165
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.
Cash bridge derived
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 | €67,837 | €83,416 | +€15,580 | +23.0% |
| Fixed assets | 21/28 | €5,141 | €13,982 | +€8,841 | +172.0% |
| Intangible fixed assets | 21 | - | €9,352 | +€9,352 | |
| Tangible fixed assets | 22/27 | €5,141 | €4,629 | -€512 | -10.0% |
| Plant, machinery and equipment | 23 | €5,141 | €4,629 | -€512 | -10.0% |
| Current assets | 29/58 | €62,696 | €69,435 | +€6,739 | +10.7% |
| Stocks and contracts in progress | 3 | €3,037 | €2,772 | -€264 | -8.7% |
| Stocks | 30/36 | €3,037 | €2,772 | -€264 | -8.7% |
| Amounts receivable within one year | 40/41 | €37,770 | €29,590 | -€8,180 | -21.7% |
| Trade receivables | 40 | €37,659 | €26,558 | -€11,102 | -29.5% |
| Other amounts receivable | 41 | €111 | €3,033 | +€2,922 | +2639.2% |
| Cash at bank and in hand | 54/58 | €20,155 | €37,072 | +€16,917 | +83.9% |
| Deferred charges and accrued income | 490/1 | €1,734 | - | -€1,734 | |
| Total equity and liabilities | 10/49 | €67,837 | €83,416 | +€15,580 | +23.0% |
| Equity | 10/15 | €55,326 | €64,682 | +€9,355 | +16.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,326 | €59,682 | +€9,355 | +18.6% |
| Distributable reserves | 133 | €50,326 | €59,682 | +€9,355 | +18.6% |
| Amounts payable | 17/49 | €12,510 | €18,735 | +€6,224 | +49.8% |
| Amounts payable within one year | 42/48 | €12,510 | €18,735 | +€6,224 | +49.8% |
| Financial debts | 43 | €391 | €723 | +€333 | +85.2% |
| Credit institutions | 430/8 | €391 | €723 | +€333 | +85.2% |
| Trade debts | 44 | €3,348 | €6,850 | +€3,502 | +104.6% |
| Suppliers | 440/4 | €3,348 | €6,850 | +€3,502 | +104.6% |
| Taxes, remuneration and social security | 45 | €6,976 | €11,161 | +€4,186 | +60.0% |
| Taxes | 450/3 | €6,976 | €8,961 | +€1,986 | +28.5% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €1,796 | - | -€1,796 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,184 | €2,410 | +€1,225 | +103.5% |
| Other operating charges | 640/8 | €121 | €175 | +€54 | +44.5% |
| Gross operating margin | 9900 | -€19,975 | €19,289 | +€39,264 | |
| Operating profit (loss) | 9901 | -€21,281 | €16,704 | +€37,985 | |
| Financial income | 75/76B | €60 | €68 | +€8 | +13.3% |
| Recurring financial income | 75 | €60 | €68 | +€8 | +13.3% |
| Financial charges | 65/66B | €262 | €370 | +€108 | +41.3% |
| Recurring financial charges | 65 | €262 | €370 | +€108 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,482 | €16,403 | +€37,885 | |
| Income taxes | 67/77 | - | €1,165 | +€1,165 | |
| Profit (loss) for the period | 9904 | -€21,482 | €15,238 | +€36,720 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,482 | €15,238 | +€36,720 |
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 11 October 2026 via checked.be.