DP MAILING: 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 MAILING
Largest movements
- Tangible fixed assets -€8,686
down €8,686 (-100%), from €8,686 to €0
of which Other tangible fixed assets: -€8,123
- Receivables within one year -€6,259
down €6,259 (-37.3%), from €16,763 to €10,505
of which Trade receivables: -€6,812
- Receivables after one year -€4,284
down €4,284 (-3.1%), from €137,892 to €133,607
- Reserves -€43,783
down €43,783 (-46.4%), from €94,444 to €50,661
- Advances received +€33,373
up €33,373 (+73.3%), from €45,509 to €78,881
- Profit (loss) carried forward -€10,517
new in 2025: -€10,517
- Trade debts +€3,038
up €3,038 (+265%), from €1,145 to €4,183
- Depreciation -€9,083
down €9,083 (-100%), from €9,083 to €0
- Gross operating margin +€2,672
up €2,672 (+7.3%), from -€36,813 to -€34,141
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 | €163,341 | €144,112 | -€19,229 | -11.8% |
| Fixed assets | 21/28 | €8,686 | €0 | -€8,686 | -100% |
| Tangible fixed assets | 22/27 | €8,686 | €0 | -€8,686 | -100% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €563 | €0 | -€563 | -100% |
| Other tangible fixed assets | 26 | €8,123 | €0 | -€8,123 | -100% |
| Current assets | 29/58 | €154,655 | €144,112 | -€10,543 | -6.8% |
| Amounts receivable after more than one year | 29 | €137,892 | €133,607 | -€4,284 | -3.1% |
| Other amounts receivable | 291 | €137,892 | €133,607 | -€4,284 | -3.1% |
| Amounts receivable within one year | 40/41 | €16,763 | €10,505 | -€6,259 | -37.3% |
| Trade receivables | 40 | €13,098 | €6,286 | -€6,812 | -52.0% |
| Other amounts receivable | 41 | €3,666 | €4,219 | +€553 | +15.1% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €163,341 | €144,112 | -€19,229 | -11.8% |
| Equity | 10/15 | €113,044 | €58,744 | -€54,300 | -48.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,444 | €50,661 | -€43,783 | -46.4% |
| Distributable reserves | 133 | €94,444 | €50,661 | -€43,783 | -46.4% |
| Profit (loss) carried forward | 14 | - | -€10,517 | -€10,517 | |
| Amounts payable | 17/49 | €50,297 | €85,368 | +€35,071 | +69.7% |
| Amounts payable within one year | 42/48 | €50,297 | €85,368 | +€35,071 | +69.7% |
| Financial debts | 43 | €1,243 | €852 | -€391 | -31.5% |
| Credit institutions | 430/8 | €1,243 | €852 | -€391 | -31.5% |
| Trade debts | 44 | €1,145 | €4,183 | +€3,038 | +265% |
| Suppliers | 440/4 | €1,145 | €4,183 | +€3,038 | +265% |
| Advances received on contracts in progress | 46 | €45,509 | €78,881 | +€33,373 | +73.3% |
| Taxes, remuneration and social security | 45 | €1,438 | €35 | -€1,403 | -97.6% |
| Taxes | 450/3 | €188 | €35 | -€153 | -81.3% |
| Remuneration and social security | 454/9 | €1,250 | €0 | -€1,250 | -100% |
| Other amounts payable | 47/48 | €962 | €1,416 | +€454 | +47.2% |
| Non-recurring operating income | 76A | - | €4,721 | +€4,721 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,083 | €0 | -€9,083 | -100% |
| Other operating charges | 640/8 | €579 | €341 | -€238 | -41.2% |
| Non-recurring operating charges | 66A | €0 | €21,310 | +€21,310 | |
| Gross operating margin | 9900 | -€36,813 | -€34,141 | +€2,672 | +7.3% |
| Operating profit (loss) | 9901 | -€46,475 | -€55,792 | -€9,316 | -20.0% |
| Financial income | 75/76B | €1,839 | €1,784 | -€56 | -3.0% |
| Recurring financial income | 75 | €1,839 | €1,784 | -€56 | -3.0% |
| Financial charges | 65/66B | €293 | €292 | -€1 | -0.4% |
| Recurring financial charges | 65 | €293 | €292 | -€1 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€44,929 | -€54,300 | -€9,371 | -20.9% |
| Income taxes | 67/77 | €188 | €0 | -€188 | -100% |
| Profit (loss) for the period | 9904 | -€45,117 | -€54,300 | -€9,183 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,117 | -€54,300 | -€9,183 | -20.4% |
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 13 October 2026 via checked.be.