DDS LA HULPE: 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.
What changed
DDS LA HULPE
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,220
2024 · €2,627+€593
Equity
€150,034
2024 · €146,814+€3,220
Cash
€2,931
2024 · €1+€2,930
Balance sheet total
€1.7m
2024 · €1.7m-€27,300
Largest movements
Assets
- Tangible fixed assets -€37,453
down €37,453 (-5.9%), from €637,777 to €600,324
of which Furniture and vehicles: -€19,680
Equity and liabilities
- Current portion of long-term debt +€182,819
up €182,819 (+419%), from €43,600 to €226,418
- Debts after one year -€165,805
down €165,805 (-12.6%), from €1.3m to €1.2m
of which Other amounts payable: -€137,916
- Other debts -€59,047
down €59,047 (-35.7%), from €165,420 to €106,373
Income statement
- Turnover +€45,979
up €45,979 (+41.0%), from €112,265 to €158,244
- Purchases and services +€36,936
up €36,936 (+145%), from €25,471 to €62,407
- Gross operating margin +€11,714
up €11,714 (+13.5%), from €86,894 to €98,609
- Financial charges +€10,316
up €10,316 (+24.0%), from €43,011 to €53,328
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.
Result 2024
€2,627
Gross operating margin
+€11,714
Depreciation
-€56
Other operating charges
-€451
Financial income
-€298
Financial charges
-€10,316
Result 2025
€3,220
raises the resultlowers the result
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.
From operations
-€17,666
Investment
+€843
Financing
+€19,752
Cash 2024
€1
From operations (derived)
-€17,666
Net result for the year
+€3,220
Depreciation
+€39,610
Stocks and contracts
-€4,471
Receivables within one year
-€6,072
Deferred charges and accrued income
+€319
Trade debts
+€4,911
Tax, wage and social debts
+€1,779
Other debts
-€59,047
Accrued charges and deferred income
+€2,084
Investment (derived)
+€843
Investment in fixed assets (net)
-€2,157
Current investments
+€3,000
Financing
+€19,752
Debts after one year
-€165,805
Current portion of long-term debt
+€182,819
Short-term financial debts
+€2,739
Cash 2025
€2,931
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,684,262 | €1,656,962 | -€27,300 | -1.6% |
| Fixed assets | 21/28 | €637,777 | €600,324 | -€37,453 | -5.9% |
| Tangible fixed assets | 22/27 | €637,777 | €600,324 | -€37,453 | -5.9% |
| Land and buildings | 22 | €559,760 | €542,981 | -€16,778 | -3.0% |
| Plant, machinery and equipment | 23 | €1,642 | €647 | -€995 | -60.6% |
| Furniture and vehicles | 24 | €76,375 | €56,696 | -€19,680 | -25.8% |
| Current assets | 29/58 | €1,046,485 | €1,056,639 | +€10,153 | +1.0% |
| Stocks and contracts in progress | 3 | €993,817 | €998,288 | +€4,471 | +0.4% |
| Stocks | 30/36 | €993,817 | €998,288 | +€4,471 | +0.4% |
| Amounts receivable within one year | 40/41 | €48,346 | €54,418 | +€6,072 | +12.6% |
| Trade receivables | 40 | €44,746 | €51,524 | +€6,779 | +15.1% |
| Other amounts receivable | 41 | €3,601 | €2,894 | -€707 | -19.6% |
| Current investments | 50/53 | €3,047 | €47 | -€3,000 | -98.4% |
| Cash at bank and in hand | 54/58 | €1 | €2,931 | +€2,930 | +202,041% |
| Deferred charges and accrued income | 490/1 | €1,274 | €954 | -€319 | -25.1% |
| Total equity and liabilities | 10/49 | €1,684,262 | €1,656,962 | -€27,300 | -1.6% |
| Equity | 10/15 | €146,814 | €150,034 | +€3,220 | +2.2% |
| Contributions | 10/11 | €177,000 | €177,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,186 | -€28,966 | +€3,220 | +10.0% |
| Amounts payable | 17/49 | €1,537,449 | €1,506,929 | -€30,520 | -2.0% |
| Amounts payable after more than one year | 17 | €1,316,022 | €1,150,217 | -€165,805 | -12.6% |
| Financial debts | 170/4 | €1,005,106 | €977,217 | -€27,889 | -2.8% |
| Other amounts payable | 178/9 | €310,916 | €173,000 | -€137,916 | -44.4% |
| Amounts payable within one year | 42/48 | €221,426 | €354,628 | +€133,201 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €43,600 | €226,418 | +€182,819 | +419% |
| Financial debts | 43 | €2,973 | €5,712 | +€2,739 | +92.1% |
| Credit institutions | 430/8 | €2,973 | €5,712 | +€2,739 | +92.1% |
| Trade debts | 44 | €9,383 | €14,294 | +€4,911 | +52.3% |
| Suppliers | 440/4 | €9,383 | €14,294 | +€4,911 | +52.3% |
| Taxes, remuneration and social security | 45 | €51 | €1,830 | +€1,779 | +3,481% |
| Taxes | 450/3 | €22 | €1,801 | +€1,779 | +8,181% |
| Remuneration and social security | 454/9 | €29 | €29 | = | 0.0% |
| Other amounts payable | 47/48 | €165,420 | €106,373 | -€59,047 | -35.7% |
| Accrued charges and deferred income | 492/3 | - | €2,084 | +€2,084 | |
| Turnover | 70 | €112,265 | €158,244 | +€45,979 | +41.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €25,471 | €62,407 | +€36,936 | +145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,554 | €39,610 | +€56 | +0.1% |
| Other operating charges | 640/8 | €2,003 | €2,454 | +€451 | +22.5% |
| Gross operating margin | 9900 | €86,894 | €98,609 | +€11,714 | +13.5% |
| Operating profit (loss) | 9901 | €45,337 | €56,545 | +€11,208 | +24.7% |
| Financial income | 75/76B | €301 | €3 | -€298 | -98.9% |
| Recurring financial income | 75 | €301 | €3 | -€298 | -98.9% |
| Financial charges | 65/66B | €43,011 | €53,328 | +€10,316 | +24.0% |
| Recurring financial charges | 65 | €43,011 | €53,328 | +€10,316 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €2,627 | €3,220 | +€593 | +22.6% |
| Profit (loss) for the period | 9904 | €2,627 | €3,220 | +€593 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,627 | €3,220 | +€593 | +22.6% |
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 28 October 2026 via checked.be.