DP Horses & More: 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 Horses & More
Largest movements
- Receivables within one year +€22,391
up €22,391 (+443%), from €5,059 to €27,451
- Cash +€5,816
up €5,816 (+599%), from €971 to €6,787
mainly Advances received (+€13,150) and Other debts (+€12,188)
- Stocks and contracts +€2,500
up €2,500 (+31.3%), from €8,000 to €10,500
- Advances received +€13,150
up €13,150 (+239%), from €5,500 to €18,650
- Other debts +€12,188
up €12,188 (+220%), from €5,542 to €17,730
- Trade debts +€3,786
up €3,786 (+197%), from €1,926 to €5,712
- Profit (loss) carried forward +€686
up €686, from -€410 to €276
- Tax, wage and social debts +€572
up €572 (+74.0%), from €773 to €1,345
- Gross operating margin +€1,309
up €1,309 (+374%), from €350 to €1,658
- Other operating charges +€121
up €121 (+31.4%), from €384 to €505
- Taxes +€69
new in 2024: €69
- Financial charges +€28
up €28 (+55.4%), from €50 to €78
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 | €15,331 | €45,713 | +€30,382 | +198% |
| Formation expenses | 20 | €1,301 | €976 | -€325 | -25.0% |
| Current assets | 29/58 | €14,030 | €44,738 | +€30,707 | +219% |
| Stocks and contracts in progress | 3 | €8,000 | €10,500 | +€2,500 | +31.3% |
| Stocks | 30/36 | €8,000 | €10,500 | +€2,500 | +31.3% |
| Amounts receivable within one year | 40/41 | €5,059 | €27,451 | +€22,391 | +443% |
| Trade receivables | 40 | €5,059 | €27,451 | +€22,391 | +443% |
| Cash at bank and in hand | 54/58 | €971 | €6,787 | +€5,816 | +599% |
| Total equity and liabilities | 10/49 | €15,331 | €45,713 | +€30,382 | +198% |
| Equity | 10/15 | €1,590 | €2,276 | +€686 | +43.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€410 | €276 | +€686 | |
| Amounts payable | 17/49 | €13,741 | €43,437 | +€29,696 | +216% |
| Amounts payable within one year | 42/48 | €13,741 | €43,437 | +€29,696 | +216% |
| Trade debts | 44 | €1,926 | €5,712 | +€3,786 | +197% |
| Suppliers | 440/4 | €1,926 | €5,712 | +€3,786 | +197% |
| Advances received on contracts in progress | 46 | €5,500 | €18,650 | +€13,150 | +239% |
| Taxes, remuneration and social security | 45 | €773 | €1,345 | +€572 | +74.0% |
| Taxes | 450/3 | €773 | €1,345 | +€572 | +74.0% |
| Other amounts payable | 47/48 | €5,542 | €17,730 | +€12,188 | +220% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €325 | €325 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €505 | +€121 | +31.4% |
| Gross operating margin | 9900 | €350 | €1,658 | +€1,309 | +374% |
| Operating profit (loss) | 9901 | -€360 | €828 | +€1,188 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €50 | €78 | +€28 | +55.4% |
| Recurring financial charges | 65 | €50 | €78 | +€28 | +55.4% |
| Profit (loss) for the period before taxes | 9903 | -€410 | €755 | +€1,165 | |
| Income taxes | 67/77 | - | €69 | +€69 | |
| Profit (loss) for the period | 9904 | -€410 | €686 | +€1,096 | |
| Profit (loss) for the period to be appropriated | 9905 | -€410 | €686 | +€1,096 |
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 18 October 2026 via checked.be.