DHPG: what changed
Two fiscal 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.
DHPG
Largest movements
- Tangible fixed assets +€3,745
up €3,745 (+57.4%), from €6,522 to €10,267
- Cash -€2,810
down €2,810 (-86.1%), from €3,262 to €452
mainly Net result for the year (-€22,273) and Investment in fixed assets (net) (-€7,744)
- Other debts +€25,166
up €25,166 (+49.7%), from €50,630 to €75,796
- Profit (loss) carried forward -€22,273
down €22,273, from €14,113 to -€8,160
- Gross operating margin -€36,169
down €36,169, from €18,594 to -€17,575
- Depreciation +€1,507
up €1,507 (+60.5%), from €2,493 to €3,999
- Other operating charges -€545
down €545 (-51.5%), from €1,059 to €514
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 | €195,607 | €197,464 | +€1,857 | +0.9% |
| Fixed assets | 21/28 | €6,522 | €10,267 | +€3,745 | +57.4% |
| Tangible fixed assets | 22/27 | €6,522 | €10,267 | +€3,745 | +57.4% |
| Furniture and vehicles | 24 | €6,522 | €10,267 | +€3,745 | +57.4% |
| Current assets | 29/58 | €189,085 | €187,197 | -€1,887 | -1.0% |
| Amounts receivable within one year | 40/41 | €185,067 | €186,745 | +€1,678 | +0.9% |
| Trade receivables | 40 | €185,067 | €185,067 | = | 0.0% |
| Other amounts receivable | 41 | - | €1,678 | +€1,678 | |
| Cash at bank and in hand | 54/58 | €3,262 | €452 | -€2,810 | -86.1% |
| Deferred charges and accrued income | 490/1 | €755 | - | -€755 | |
| Total equity and liabilities | 10/49 | €195,607 | €197,464 | +€1,857 | +0.9% |
| Equity | 10/15 | €19,113 | -€3,160 | -€22,273 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,113 | -€8,160 | -€22,273 | |
| Amounts payable | 17/49 | €176,493 | €200,624 | +€24,131 | +13.7% |
| Amounts payable within one year | 42/48 | €176,493 | €200,624 | +€24,131 | +13.7% |
| Trade debts | 44 | €124,415 | €124,523 | +€107 | +0.1% |
| Suppliers | 440/4 | €124,415 | €124,523 | +€107 | +0.1% |
| Taxes, remuneration and social security | 45 | €1,448 | €305 | -€1,142 | -78.9% |
| Taxes | 450/3 | €1,448 | €305 | -€1,142 | -78.9% |
| Other amounts payable | 47/48 | €50,630 | €75,796 | +€25,166 | +49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,493 | €3,999 | +€1,507 | +60.5% |
| Other operating charges | 640/8 | €1,059 | €514 | -€545 | -51.5% |
| Gross operating margin | 9900 | €18,594 | -€17,575 | -€36,169 | |
| Operating profit (loss) | 9901 | €15,043 | -€22,088 | -€37,131 | |
| Financial income | 75/76B | €8 | €0 | -€7 | -96.0% |
| Recurring financial income | 75 | €8 | €0 | -€7 | -96.0% |
| Financial charges | 65/66B | €48 | €44 | -€3 | -7.0% |
| Recurring financial charges | 65 | €48 | €44 | -€3 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €15,003 | -€22,132 | -€37,135 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €14,863 | -€22,273 | -€37,136 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,863 | -€22,273 | -€37,136 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.