DP Heating: 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.
DP Heating
Largest movements
- Receivables within one year +€273,152
up €273,152 (+170%), from €160,242 to €433,394
of which Other amounts receivable: +€263,803
- Reserves +€131,555
up €131,555 (+156%), from €84,348 to €215,904
- Trade debts +€82,920
up €82,920 (+224%), from €36,980 to €119,900
- Tax, wage and social debts +€57,826
up €57,826 (+127%), from €45,376 to €103,202
of which Taxes: +€57,284
- Gross operating margin +€62,292
up €62,292 (+31.9%), from €195,010 to €257,301
- Taxes +€21,720
up €21,720 (+63.6%), from €34,142 to €55,862
- Financial income +€5,772
up €5,772 (+165%), from €3,504 to €9,277
- Staff costs -€2,902
down €2,902 (-4.5%), from €63,811 to €60,909
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,704 | €449,005 | +€272,301 | +154% |
| Fixed assets | 21/28 | €14,800 | €13,531 | -€1,269 | -8.6% |
| Intangible fixed assets | 21 | - | €2,431 | +€2,431 | |
| Tangible fixed assets | 22/27 | €14,800 | €11,100 | -€3,700 | -25.0% |
| Plant, machinery and equipment | 23 | €5,200 | €3,900 | -€1,300 | -25.0% |
| Furniture and vehicles | 24 | €9,600 | €7,200 | -€2,400 | -25.0% |
| Current assets | 29/58 | €161,904 | €435,474 | +€273,570 | +169% |
| Amounts receivable within one year | 40/41 | €160,242 | €433,394 | +€273,152 | +170% |
| Trade receivables | 40 | €12,397 | €21,746 | +€9,349 | +75.4% |
| Other amounts receivable | 41 | €147,845 | €411,648 | +€263,803 | +178% |
| Cash at bank and in hand | 54/58 | €21 | €960 | +€939 | +4,556% |
| Deferred charges and accrued income | 490/1 | €1,641 | €1,120 | -€521 | -31.7% |
| Total equity and liabilities | 10/49 | €176,704 | €449,005 | +€272,301 | +154% |
| Equity | 10/15 | €94,348 | €225,904 | +€131,555 | +139% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €84,348 | €215,904 | +€131,555 | +156% |
| Distributable reserves | 133 | €84,348 | €215,904 | +€131,555 | +156% |
| Amounts payable | 17/49 | €82,355 | €223,101 | +€140,746 | +171% |
| Amounts payable within one year | 42/48 | €82,355 | €223,101 | +€140,746 | +171% |
| Trade debts | 44 | €36,980 | €119,900 | +€82,920 | +224% |
| Suppliers | 440/4 | €36,980 | €119,900 | +€82,920 | +224% |
| Taxes, remuneration and social security | 45 | €45,376 | €103,202 | +€57,826 | +127% |
| Taxes | 450/3 | €37,234 | €94,518 | +€57,284 | +154% |
| Remuneration and social security | 454/9 | €8,142 | €8,684 | +€542 | +6.7% |
| Remuneration, social security and pensions | 62 | €63,811 | €60,909 | -€2,902 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,700 | €4,091 | +€391 | +10.6% |
| Other operating charges | 640/8 | €473 | €756 | +€284 | +60.0% |
| Gross operating margin | 9900 | €195,010 | €257,301 | +€62,292 | +31.9% |
| Operating profit (loss) | 9901 | €127,026 | €191,545 | +€64,519 | +50.8% |
| Financial income | 75/76B | €3,504 | €9,277 | +€5,772 | +165% |
| Recurring financial income | 75 | €3,504 | €9,277 | +€5,772 | +165% |
| Financial charges | 65/66B | €12,040 | €13,404 | +€1,364 | +11.3% |
| Recurring financial charges | 65 | €12,040 | €13,404 | +€1,364 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €118,491 | €187,418 | +€68,927 | +58.2% |
| Income taxes | 67/77 | €34,142 | €55,862 | +€21,720 | +63.6% |
| Profit (loss) for the period | 9904 | €84,348 | €131,555 | +€47,207 | +56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,348 | €131,555 | +€47,207 | +56.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.