D.P.I.: 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.
D.P.I.
Largest movements
- Cash -€152,390
down €152,390 (-80.4%), from €189,635 to €37,246
mainly Other debts (-€126,722) and Current investments (-€88,296)
- Current investments +€88,296
up €88,296 (+36.5%), from €241,734 to €330,030
- Reserves +€135,542
up €135,542 (+33.4%), from €405,934 to €541,476
of which Distributable reserves: +€135,542
- Other debts -€126,722
down €126,722 (-77.7%), from €163,074 to €36,353
- Debts after one year -€53,246
down €53,246 (-6.3%), from €842,630 to €789,384
- Financial income +€102,961
up €102,961 (+3267.2%), from €3,151 to €106,113
- Taxes +€34,798
up €34,798 (+129.4%), from €26,882 to €61,680
- Gross operating margin +€23,068
up €23,068 (+12.9%), from €178,300 to €201,368
- Financial charges +€4,413
up €4,413 (+15.4%), from €28,624 to €33,037
- Depreciation +€3,875
up €3,875 (+6.2%), from €62,497 to €66,372
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 | €1,556,872 | €1,506,890 | -€49,982 | -3.2% |
| Fixed assets | 21/28 | €1,113,304 | €1,116,173 | +€2,869 | +0.3% |
| Tangible fixed assets | 22/27 | €1,113,304 | €1,116,173 | +€2,869 | +0.3% |
| Land and buildings | 22 | €1,113,304 | €1,115,387 | +€2,084 | +0.2% |
| Furniture and vehicles | 24 | - | €785 | +€785 | |
| Current assets | 29/58 | €443,569 | €390,718 | -€52,851 | -11.9% |
| Amounts receivable within one year | 40/41 | €12,200 | €22,560 | +€10,360 | +84.9% |
| Trade receivables | 40 | €2,700 | €1,350 | -€1,350 | -50.0% |
| Other amounts receivable | 41 | €9,500 | €21,210 | +€11,710 | +123.3% |
| Current investments | 50/53 | €241,734 | €330,030 | +€88,296 | +36.5% |
| Cash at bank and in hand | 54/58 | €189,635 | €37,246 | -€152,390 | -80.4% |
| Deferred charges and accrued income | 490/1 | - | €882 | +€882 | |
| Total equity and liabilities | 10/49 | €1,556,872 | €1,506,890 | -€49,982 | -3.2% |
| Equity | 10/15 | €467,934 | €603,476 | +€135,542 | +29.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €405,934 | €541,476 | +€135,542 | +33.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €356 | €356 | = | 0.0% |
| Distributable reserves | 133 | €399,378 | €534,920 | +€135,542 | +33.9% |
| Amounts payable | 17/49 | €1,088,939 | €903,414 | -€185,525 | -17.0% |
| Amounts payable after more than one year | 17 | €842,630 | €789,384 | -€53,246 | -6.3% |
| Financial debts | 170/4 | €842,630 | €789,384 | -€53,246 | -6.3% |
| Amounts payable within one year | 42/48 | €231,406 | €108,227 | -€123,179 | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €60,221 | €57,037 | -€3,184 | -5.3% |
| Trade debts | 44 | €2,829 | €1,283 | -€1,546 | -54.6% |
| Suppliers | 440/4 | €2,829 | €1,283 | -€1,546 | -54.6% |
| Taxes, remuneration and social security | 45 | €5,282 | €13,554 | +€8,272 | +156.6% |
| Taxes | 450/3 | €5,282 | €13,554 | +€8,272 | +156.6% |
| Other amounts payable | 47/48 | €163,074 | €36,353 | -€126,722 | -77.7% |
| Accrued charges and deferred income | 492/3 | €14,903 | €5,803 | -€9,100 | -61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,497 | €66,372 | +€3,875 | +6.2% |
| Other operating charges | 640/8 | €10,627 | €10,848 | +€221 | +2.1% |
| Gross operating margin | 9900 | €178,300 | €201,368 | +€23,068 | +12.9% |
| Operating profit (loss) | 9901 | €105,176 | €124,147 | +€18,971 | +18.0% |
| Financial income | 75/76B | €3,151 | €106,113 | +€102,961 | +3267.2% |
| Recurring financial income | 75 | €3,151 | €106,113 | +€102,961 | +3267.2% |
| Financial charges | 65/66B | €28,624 | €33,037 | +€4,413 | +15.4% |
| Recurring financial charges | 65 | €28,624 | €33,037 | +€4,413 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €79,703 | €197,223 | +€117,520 | +147.4% |
| Income taxes | 67/77 | €26,882 | €61,680 | +€34,798 | +129.4% |
| Profit (loss) for the period | 9904 | €52,821 | €135,542 | +€82,722 | +156.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,821 | €135,542 | +€82,722 | +156.6% |
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 9 October 2026 via checked.be.