DP Keskin: 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 Keskin
Largest movements
- Tangible fixed assets -€90,555
down €90,555 (-29.5%), from €306,946 to €216,391
of which Other tangible fixed assets: -€69,600
- Cash +€49,749
up €49,749 (+96.7%), from €51,456 to €101,205
mainly Depreciation (+€90,555) and Net result for the year (+€57,461)
- Receivables within one year +€20,086
up €20,086 (+140%), from €14,320 to €34,406
of which Other amounts receivable: +€18,478
- Debts after one year -€57,905
down €57,905 (-30.1%), from €192,216 to €134,311
- Profit (loss) carried forward +€57,461
up €57,461 (+144%), from €39,900 to €97,361
- Trade debts -€11,261
down €11,261 (-17.5%), from €64,194 to €52,934
- Tax, wage and social debts -€11,226
down €11,226 (-35.4%), from €31,683 to €20,457
of which Taxes: -€18,789
- Gross operating margin +€163,041
up €163,041 (+265%), from €61,506 to €224,547
- Other operating charges +€29,174
up €29,174 (+201%), from €14,517 to €43,691
- Write-downs -€26,584
down €26,584 (-87.7%), from €30,325 to €3,741
- Taxes +€7,876
up €7,876, from -€43 to €7,832
- Staff costs +€4,653
up €4,653 (+510%), from €913 to €5,567
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €383,182 | €362,969 | -€20,213 | -5.3% |
| Fixed assets | 21/28 | €309,946 | €219,391 | -€90,555 | -29.2% |
| Tangible fixed assets | 22/27 | €306,946 | €216,391 | -€90,555 | -29.5% |
| Plant, machinery and equipment | 23 | €1,296 | €1,002 | -€294 | -22.7% |
| Furniture and vehicles | 24 | €58,141 | €37,480 | -€20,661 | -35.5% |
| Other tangible fixed assets | 26 | €247,509 | €177,909 | -€69,600 | -28.1% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €73,235 | €143,578 | +€70,342 | +96.0% |
| Stocks and contracts in progress | 3 | €7,460 | €7,967 | +€508 | +6.8% |
| Stocks | 30/36 | €7,460 | €7,967 | +€508 | +6.8% |
| Amounts receivable within one year | 40/41 | €14,320 | €34,406 | +€20,086 | +140% |
| Trade receivables | 40 | €0 | €1,608 | +€1,608 | |
| Other amounts receivable | 41 | €14,320 | €32,797 | +€18,478 | +129% |
| Cash at bank and in hand | 54/58 | €51,456 | €101,205 | +€49,749 | +96.7% |
| Total equity and liabilities | 10/49 | €383,182 | €362,969 | -€20,213 | -5.3% |
| Equity | 10/15 | €39,901 | €97,362 | +€57,461 | +144% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,900 | €97,361 | +€57,461 | +144% |
| Amounts payable | 17/49 | €343,281 | €265,607 | -€77,674 | -22.6% |
| Amounts payable after more than one year | 17 | €192,216 | €134,311 | -€57,905 | -30.1% |
| Financial debts | 170/4 | €192,216 | €134,311 | -€57,905 | -30.1% |
| Amounts payable within one year | 42/48 | €151,065 | €131,297 | -€19,768 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €55,187 | €57,905 | +€2,718 | +4.9% |
| Trade debts | 44 | €64,194 | €52,934 | -€11,261 | -17.5% |
| Suppliers | 440/4 | €64,194 | €52,934 | -€11,261 | -17.5% |
| Taxes, remuneration and social security | 45 | €31,683 | €20,457 | -€11,226 | -35.4% |
| Taxes | 450/3 | €31,683 | €12,894 | -€18,789 | -59.3% |
| Remuneration and social security | 454/9 | - | €7,564 | +€7,564 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €913 | €5,567 | +€4,653 | +510% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,276 | €90,555 | +€280 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,325 | €3,741 | -€26,584 | -87.7% |
| Other operating charges | 640/8 | €14,517 | €43,691 | +€29,174 | +201% |
| Gross operating margin | 9900 | €61,506 | €224,547 | +€163,041 | +265% |
| Operating profit (loss) | 9901 | -€74,525 | €80,993 | +€155,518 | |
| Financial income | 75/76B | €151 | €966 | +€815 | +540% |
| Recurring financial income | 75 | €151 | €966 | +€815 | +540% |
| Financial charges | 65/66B | €14,259 | €16,666 | +€2,407 | +16.9% |
| Recurring financial charges | 65 | €14,259 | €16,666 | +€2,407 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | -€88,633 | €65,293 | +€153,926 | |
| Income taxes | 67/77 | -€43 | €7,832 | +€7,876 | |
| Profit (loss) for the period | 9904 | -€88,590 | €57,461 | +€146,051 | |
| Profit (loss) for the period to be appropriated | 9905 | -€88,590 | €57,461 | +€146,051 |
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 1 November 2026 via checked.be.