DLH GROUP: 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.
DLH GROUP
Largest movements
- Receivables within one year +€38,709
up €38,709 (+1,121%), from €3,452 to €42,161
of which Trade receivables: +€38,414
- Tangible fixed assets +€5,832
up €5,832 (+184%), from €3,168 to €9,000
- Cash +€2,120
up €2,120 (+17.0%), from €12,481 to €14,601
mainly Trade debts (+€33,585) and Net result for the year (+€7,761)
- Trade debts +€33,585
up €33,585 (+715%), from €4,695 to €38,280
- Profit (loss) carried forward +€7,761
up €7,761 (+111%), from €7,007 to €14,768
- Other debts +€2,765
up €2,765 (+317%), from €872 to €3,637
- Tax, wage and social debts +€2,550
up €2,550 (+56.3%), from €4,528 to €7,077
of which Taxes: +€4,375
- Gross operating margin +€2,473
up €2,473 (+13.6%), from €18,204 to €20,677
- Depreciation +€1,332
up €1,332 (+42.0%), from €3,168 to €4,500
- Staff costs -€1,147
down €1,147 (-23.0%), from €4,990 to €3,842
- Taxes +€765
up €765 (+44.2%), from €1,730 to €2,495
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 | €19,102 | €65,762 | +€46,661 | +244% |
| Fixed assets | 21/28 | €3,168 | €9,000 | +€5,832 | +184% |
| Tangible fixed assets | 22/27 | €3,168 | €9,000 | +€5,832 | +184% |
| Furniture and vehicles | 24 | €3,168 | €9,000 | +€5,832 | +184% |
| Current assets | 29/58 | €15,933 | €56,762 | +€40,829 | +256% |
| Amounts receivable within one year | 40/41 | €3,452 | €42,161 | +€38,709 | +1,121% |
| Trade receivables | 40 | €2,652 | €41,066 | +€38,414 | +1,448% |
| Other amounts receivable | 41 | €800 | €1,095 | +€295 | +36.9% |
| Cash at bank and in hand | 54/58 | €12,481 | €14,601 | +€2,120 | +17.0% |
| Total equity and liabilities | 10/49 | €19,102 | €65,762 | +€46,661 | +244% |
| Equity | 10/15 | €9,007 | €16,768 | +€7,761 | +86.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,007 | €14,768 | +€7,761 | +111% |
| Amounts payable | 17/49 | €10,095 | €48,994 | +€38,900 | +385% |
| Amounts payable within one year | 42/48 | €10,095 | €48,994 | +€38,900 | +385% |
| Trade debts | 44 | €4,695 | €38,280 | +€33,585 | +715% |
| Suppliers | 440/4 | €4,695 | €38,280 | +€33,585 | +715% |
| Taxes, remuneration and social security | 45 | €4,528 | €7,077 | +€2,550 | +56.3% |
| Taxes | 450/3 | €1,935 | €6,310 | +€4,375 | +226% |
| Remuneration and social security | 454/9 | €2,592 | €768 | -€1,825 | -70.4% |
| Other amounts payable | 47/48 | €872 | €3,637 | +€2,765 | +317% |
| Remuneration, social security and pensions | 62 | €4,990 | €3,842 | -€1,147 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,168 | €4,500 | +€1,332 | +42.0% |
| Other operating charges | 640/8 | €2,112 | €2,054 | -€59 | -2.8% |
| Non-recurring operating charges | 66A | - | €8 | +€8 | |
| Gross operating margin | 9900 | €18,204 | €20,677 | +€2,473 | +13.6% |
| Operating profit (loss) | 9901 | €7,934 | €10,273 | +€2,339 | +29.5% |
| Financial charges | 65/66B | €20 | €17 | -€3 | -15.4% |
| Recurring financial charges | 65 | €20 | €17 | -€3 | -15.4% |
| Non-recurring financial charges | 66B | €20 | €17 | -€3 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €7,915 | €10,256 | +€2,342 | +29.6% |
| Income taxes | 67/77 | €1,730 | €2,495 | +€765 | +44.2% |
| Profit (loss) for the period | 9904 | €6,185 | €7,761 | +€1,576 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,185 | €7,761 | +€1,576 | +25.5% |
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 20 October 2026 via checked.be.