DHulpe: 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.
DHulpe
Largest movements
- Cash +€68,365
up €68,365 (+35.7%), from €191,405 to €259,770
mainly Other debts (+€177,507) and Net result for the year (+€49,408)
- Tangible fixed assets -€33,059
down €33,059 (-25.4%), from €130,044 to €96,985
of which Furniture and vehicles: -€23,630
- Receivables within one year -€3,893
down €3,893 (-12.4%), from €31,513 to €27,620
of which Trade receivables: -€6,116
- Other debts +€177,507
up €177,507 (+680.9%), from €26,068 to €203,575
- Reserves -€174,473
down €174,473 (-51.6%), from €337,931 to €163,458
- Profit (loss) carried forward +€33,781
no longer reported in 2025 (was -€33,781)
- Gross operating margin +€79,532
up €79,532 (+412.3%), from €19,291 to €98,823
- Financial income -€33,850
down €33,850 (-96.2%), from €35,198 to €1,348
- Financial charges +€7,506
up €7,506 (+35742.9%), from €21 to €7,527
of which Non-recurring financial charges: +€7,368
- Other operating charges +€6,040
up €6,040 (+152.4%), from €3,963 to €10,003
- Depreciation +€1,082
up €1,082 (+3.4%), from €31,496 to €32,578
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 | €356,859 | €388,614 | +€31,755 | +8.9% |
| Fixed assets | 21/28 | €130,044 | €96,985 | -€33,059 | -25.4% |
| Tangible fixed assets | 22/27 | €130,044 | €96,985 | -€33,059 | -25.4% |
| Land and buildings | 22 | €8,464 | €2,068 | -€6,396 | -75.6% |
| Plant, machinery and equipment | 23 | €20,770 | €17,737 | -€3,033 | -14.6% |
| Furniture and vehicles | 24 | €100,810 | €77,180 | -€23,630 | -23.4% |
| Current assets | 29/58 | €226,815 | €291,629 | +€64,814 | +28.6% |
| Amounts receivable within one year | 40/41 | €31,513 | €27,620 | -€3,893 | -12.4% |
| Trade receivables | 40 | €18,736 | €12,620 | -€6,116 | -32.6% |
| Other amounts receivable | 41 | €12,777 | €15,000 | +€2,223 | +17.4% |
| Cash at bank and in hand | 54/58 | €191,405 | €259,770 | +€68,365 | +35.7% |
| Deferred charges and accrued income | 490/1 | €3,897 | €4,239 | +€342 | +8.8% |
| Total equity and liabilities | 10/49 | €356,859 | €388,614 | +€31,755 | +8.9% |
| Equity | 10/15 | €322,700 | €182,008 | -€140,692 | -43.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €337,931 | €163,458 | -€174,473 | -51.6% |
| Distributable reserves | 133 | €337,931 | €163,458 | -€174,473 | -51.6% |
| Profit (loss) carried forward | 14 | -€33,781 | - | +€33,781 | |
| Amounts payable | 17/49 | €34,159 | €206,606 | +€172,447 | +504.8% |
| Amounts payable within one year | 42/48 | €34,159 | €206,594 | +€172,435 | +504.8% |
| Trade debts | 44 | €2,046 | €317 | -€1,729 | -84.5% |
| Suppliers | 440/4 | €2,046 | €317 | -€1,729 | -84.5% |
| Taxes, remuneration and social security | 45 | €6,045 | €2,702 | -€3,343 | -55.3% |
| Taxes | 450/3 | €6,045 | €2,702 | -€3,343 | -55.3% |
| Other amounts payable | 47/48 | €26,068 | €203,575 | +€177,507 | +680.9% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,496 | €32,578 | +€1,082 | +3.4% |
| Other operating charges | 640/8 | €3,963 | €10,003 | +€6,040 | +152.4% |
| Gross operating margin | 9900 | €19,291 | €98,823 | +€79,532 | +412.3% |
| Operating profit (loss) | 9901 | -€16,168 | €56,242 | +€72,410 | |
| Financial income | 75/76B | €35,198 | €1,348 | -€33,850 | -96.2% |
| Recurring financial income | 75 | €35,198 | €1,348 | -€33,850 | -96.2% |
| Financial charges | 65/66B | €21 | €7,527 | +€7,506 | +35742.9% |
| Recurring financial charges | 65 | €21 | €159 | +€138 | +657.1% |
| Non-recurring financial charges | 66B | - | €7,368 | +€7,368 | |
| Profit (loss) for the period before taxes | 9903 | €19,009 | €50,063 | +€31,054 | +163.4% |
| Income taxes | 67/77 | €269 | €655 | +€386 | +143.5% |
| Profit (loss) for the period | 9904 | €18,740 | €49,408 | +€30,668 | +163.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,740 | €49,408 | +€30,668 | +163.6% |
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 6 October 2026 via checked.be.