DHCare Belgium: 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.
DHCare Belgium
Largest movements
- Receivables within one year +€489,830
up €489,830 (+24.5%), from €2.0m to €2.5m
of which Other amounts receivable: +€560,142
- Cash -€67,017
down €67,017 (-21.9%), from €305,546 to €238,528
mainly Receivables within one year (-€489,830) and Trade debts (-€7,006)
- Profit (loss) carried forward +€224,724
up €224,724 (+25.2%), from €893,296 to €1.1m
- Other debts +€162,255
up €162,255 (+18.1%), from €895,462 to €1.1m
- Tax, wage and social debts +€36,525
up €36,525 (+15.1%), from €241,946 to €278,470
of which Remuneration and social security: +€30,378
- Gross operating margin +€112,323
up €112,323 (+10.2%), from €1.1m to €1.2m
- Staff costs +€84,174
up €84,174 (+10.1%), from €833,850 to €918,024
- Financial income +€13,831
up €13,831 (+48.1%), from €28,758 to €42,588
- Taxes +€13,096
up €13,096 (+17.3%), from €75,541 to €88,637
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 | €2,388,747 | €2,805,057 | +€416,310 | +17.4% |
| Fixed assets | 21/28 | €18,566 | €19,046 | +€480 | +2.6% |
| Intangible fixed assets | 21 | €3,078 | €2,070 | -€1,008 | -32.7% |
| Tangible fixed assets | 22/27 | €3,946 | €5,353 | +€1,407 | +35.6% |
| Plant, machinery and equipment | 23 | €1,152 | €3,219 | +€2,067 | +179% |
| Furniture and vehicles | 24 | €2,794 | €2,134 | -€660 | -23.6% |
| Financial fixed assets | 28 | €11,542 | €11,623 | +€81 | +0.7% |
| Current assets | 29/58 | €2,370,181 | €2,786,011 | +€415,830 | +17.5% |
| Amounts receivable within one year | 40/41 | €2,001,321 | €2,491,151 | +€489,830 | +24.5% |
| Trade receivables | 40 | €1,406,875 | €1,336,563 | -€70,312 | -5.0% |
| Other amounts receivable | 41 | €594,446 | €1,154,588 | +€560,142 | +94.2% |
| Cash at bank and in hand | 54/58 | €305,546 | €238,528 | -€67,017 | -21.9% |
| Deferred charges and accrued income | 490/1 | €63,314 | €56,331 | -€6,983 | -11.0% |
| Total equity and liabilities | 10/49 | €2,388,747 | €2,805,057 | +€416,310 | +17.4% |
| Equity | 10/15 | €1,113,296 | €1,338,020 | +€224,724 | +20.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €893,296 | €1,118,020 | +€224,724 | +25.2% |
| Amounts payable | 17/49 | €1,275,451 | €1,467,037 | +€191,586 | +15.0% |
| Amounts payable within one year | 42/48 | €1,168,076 | €1,359,850 | +€191,774 | +16.4% |
| Trade debts | 44 | €30,668 | €23,662 | -€7,006 | -22.8% |
| Suppliers | 440/4 | €30,668 | €23,662 | -€7,006 | -22.8% |
| Taxes, remuneration and social security | 45 | €241,946 | €278,470 | +€36,525 | +15.1% |
| Taxes | 450/3 | €63,707 | €69,853 | +€6,147 | +9.6% |
| Remuneration and social security | 454/9 | €178,239 | €208,617 | +€30,378 | +17.0% |
| Other amounts payable | 47/48 | €895,462 | €1,057,717 | +€162,255 | +18.1% |
| Accrued charges and deferred income | 492/3 | €107,375 | €107,187 | -€188 | -0.2% |
| Remuneration, social security and pensions | 62 | €833,850 | €918,024 | +€84,174 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,256 | €3,249 | -€7 | -0.2% |
| Other operating charges | 640/8 | €130 | €374 | +€244 | +188% |
| Gross operating margin | 9900 | €1,096,358 | €1,208,682 | +€112,323 | +10.2% |
| Operating profit (loss) | 9901 | €259,123 | €287,035 | +€27,912 | +10.8% |
| Financial income | 75/76B | €28,758 | €42,588 | +€13,831 | +48.1% |
| Recurring financial income | 75 | €28,758 | €42,588 | +€13,831 | +48.1% |
| Financial charges | 65/66B | €9,950 | €16,262 | +€6,313 | +63.4% |
| Recurring financial charges | 65 | €9,950 | €16,262 | +€6,313 | +63.4% |
| Profit (loss) for the period before taxes | 9903 | €277,931 | €313,361 | +€35,430 | +12.7% |
| Income taxes | 67/77 | €75,541 | €88,637 | +€13,096 | +17.3% |
| Profit (loss) for the period | 9904 | €202,390 | €224,724 | +€22,333 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €202,390 | €224,724 | +€22,333 | +11.0% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.