DP Pelt: 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 Pelt
Largest movements
- Receivables within one year +€42,817
up €42,817 (+261.3%), from €16,383 to €59,200
of which Other amounts receivable: +€22,817
- Tangible fixed assets -€39,197
down €39,197 (-13.3%), from €293,988 to €254,791
of which Plant, machinery and equipment: -€35,116
- Stocks and contracts +€8,920
up €8,920 (+71.7%), from €12,440 to €21,360
- Debts after one year -€78,575
down €78,575 (-38.9%), from €202,133 to €123,557
- Other debts +€43,680
up €43,680 (+84.3%), from €51,842 to €95,522
- Current portion of long-term debt +€38,410
up €38,410 (+27577.3%), from €139 to €38,549
- Tax, wage and social debts +€15,582
up €15,582 (+115.8%), from €13,456 to €29,037
of which Taxes: +€13,291
- Trade debts -€6,174
down €6,174 (-6.8%), from €91,022 to €84,848
- Gross operating margin -€12,096
down €12,096 (-5.7%), from €212,238 to €200,142
- Financial charges -€10,602
down €10,602 (-40.1%), from €26,472 to €15,870
- Other operating charges -€5,738
down €5,738 (-70.8%), from €8,102 to €2,364
- Taxes +€3,106
new in 2025: €3,106
- Depreciation +€2,134
up €2,134 (+5.0%), from €42,643 to €44,776
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 | €443,737 | €456,813 | +€13,076 | +2.9% |
| Fixed assets | 21/28 | €296,988 | €257,791 | -€39,197 | -13.2% |
| Tangible fixed assets | 22/27 | €293,988 | €254,791 | -€39,197 | -13.3% |
| Plant, machinery and equipment | 23 | €271,156 | €236,040 | -€35,116 | -13.0% |
| Furniture and vehicles | 24 | €19,302 | €15,865 | -€3,437 | -17.8% |
| Other tangible fixed assets | 26 | €3,529 | €2,886 | -€644 | -18.2% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €146,749 | €199,022 | +€52,273 | +35.6% |
| Stocks and contracts in progress | 3 | €12,440 | €21,360 | +€8,920 | +71.7% |
| Stocks | 30/36 | €12,440 | €21,360 | +€8,920 | +71.7% |
| Amounts receivable within one year | 40/41 | €16,383 | €59,200 | +€42,817 | +261.3% |
| Trade receivables | 40 | €1,210 | €21,210 | +€20,000 | +1652.9% |
| Other amounts receivable | 41 | €15,173 | €37,990 | +€22,817 | +150.4% |
| Cash at bank and in hand | 54/58 | €111,542 | €113,857 | +€2,315 | +2.1% |
| Deferred charges and accrued income | 490/1 | €6,384 | €4,605 | -€1,780 | -27.9% |
| Total equity and liabilities | 10/49 | €443,737 | €456,813 | +€13,076 | +2.9% |
| Equity | 10/15 | €85,146 | €85,299 | +€153 | +0.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €53,272 | €53,272 | = | 0.0% |
| Distributable reserves | 133 | €53,272 | €53,272 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,874 | €12,027 | +€153 | +1.3% |
| Amounts payable | 17/49 | €358,591 | €371,514 | +€12,922 | +3.6% |
| Amounts payable after more than one year | 17 | €202,133 | €123,557 | -€78,575 | -38.9% |
| Financial debts | 170/4 | €202,133 | €123,557 | -€78,575 | -38.9% |
| Amounts payable within one year | 42/48 | €156,459 | €247,957 | +€91,498 | +58.5% |
| Current portion of amounts payable after more than one year | 42 | €139 | €38,549 | +€38,410 | +27577.3% |
| Trade debts | 44 | €91,022 | €84,848 | -€6,174 | -6.8% |
| Suppliers | 440/4 | €91,022 | €84,848 | -€6,174 | -6.8% |
| Taxes, remuneration and social security | 45 | €13,456 | €29,037 | +€15,582 | +115.8% |
| Taxes | 450/3 | €7,291 | €20,582 | +€13,291 | +182.3% |
| Remuneration and social security | 454/9 | €6,165 | €8,456 | +€2,291 | +37.2% |
| Other amounts payable | 47/48 | €51,842 | €95,522 | +€43,680 | +84.3% |
| Remuneration, social security and pensions | 62 | €133,180 | €133,872 | +€692 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,643 | €44,776 | +€2,134 | +5.0% |
| Other operating charges | 640/8 | €8,102 | €2,364 | -€5,738 | -70.8% |
| Gross operating margin | 9900 | €212,238 | €200,142 | -€12,096 | -5.7% |
| Operating profit (loss) | 9901 | €28,313 | €19,130 | -€9,183 | -32.4% |
| Financial charges | 65/66B | €26,472 | €15,870 | -€10,602 | -40.1% |
| Recurring financial charges | 65 | €26,472 | €15,870 | -€10,602 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €1,841 | €3,260 | +€1,419 | +77.1% |
| Income taxes | 67/77 | - | €3,106 | +€3,106 | |
| Profit (loss) for the period | 9904 | €1,841 | €153 | -€1,687 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,841 | €153 | -€1,687 | -91.7% |
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 12 October 2026 via checked.be.