DPH CONSULT: what changed
Two fiscal 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.
DPH CONSULT
Largest movements
- Tangible fixed assets +€129,955
up €129,955 (+30.2%), from €430,601 to €560,557
of which Land and buildings: +€82,514
- Receivables within one year +€10,799
up €10,799 (+67.1%), from €16,099 to €26,897
of which Trade receivables: +€9,976
- Debts after one year +€177,876
up €177,876 (+61.8%), from €287,889 to €465,765
of which Financial debts: +€122,001
- Reserves -€32,327
down €32,327 (-39.0%), from €82,965 to €50,638
of which Distributable reserves: -€32,327
- Depreciation +€24,719
up €24,719 (+51.1%), from €48,337 to €73,057
- Gross operating margin +€17,188
up €17,188 (+11.8%), from €145,602 to €162,790
- Provisions +€17,029
no longer reported in 2025 (was -€17,029)
- Financial charges +€13,632
up €13,632 (+201.9%), from €6,750 to €20,382
- Taxes -€11,244
down €11,244 (-99.9%), from €11,254 to €10
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 | €465,981 | €610,599 | +€144,618 | +31.0% |
| Fixed assets | 21/28 | €430,681 | €560,637 | +€129,955 | +30.2% |
| Tangible fixed assets | 22/27 | €430,601 | €560,557 | +€129,955 | +30.2% |
| Land and buildings | 22 | €362,243 | €444,757 | +€82,514 | +22.8% |
| Plant, machinery and equipment | 23 | €1,181 | €1,868 | +€687 | +58.2% |
| Furniture and vehicles | 24 | €35,130 | €76,770 | +€41,640 | +118.5% |
| Other tangible fixed assets | 26 | €32,048 | €37,162 | +€5,114 | +16.0% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €35,300 | €49,963 | +€14,663 | +41.5% |
| Amounts receivable within one year | 40/41 | €16,099 | €26,897 | +€10,799 | +67.1% |
| Trade receivables | 40 | €16,099 | €26,075 | +€9,976 | +62.0% |
| Other amounts receivable | 41 | - | €823 | +€823 | |
| Cash at bank and in hand | 54/58 | €12,818 | €16,541 | +€3,723 | +29.0% |
| Deferred charges and accrued income | 490/1 | €6,383 | €6,525 | +€141 | +2.2% |
| Total equity and liabilities | 10/49 | €465,981 | €610,599 | +€144,618 | +31.0% |
| Equity | 10/15 | €95,524 | €63,131 | -€32,393 | -33.9% |
| Contributions | 10/11 | €12,492 | €12,492 | = | 0.0% |
| Reserves | 13 | €82,965 | €50,638 | -€32,327 | -39.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,403 | €4,403 | = | 0.0% |
| Distributable reserves | 133 | €76,703 | €44,376 | -€32,327 | -42.1% |
| Profit (loss) carried forward | 14 | €66 | €1 | -€66 | -99.1% |
| Amounts payable | 17/49 | €370,458 | €547,468 | +€177,011 | +47.8% |
| Amounts payable after more than one year | 17 | €287,889 | €465,765 | +€177,876 | +61.8% |
| Financial debts | 170/4 | €248,865 | €370,866 | +€122,001 | +49.0% |
| Other amounts payable | 178/9 | €39,024 | €94,898 | +€55,875 | +143.2% |
| Amounts payable within one year | 42/48 | €82,569 | €81,704 | -€865 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €47,204 | €46,072 | -€1,132 | -2.4% |
| Trade debts | 44 | €566 | €5,977 | +€5,410 | +955.3% |
| Suppliers | 440/4 | €566 | €5,977 | +€5,410 | +955.3% |
| Advances received on contracts in progress | 46 | €2,749 | - | -€2,749 | |
| Taxes, remuneration and social security | 45 | €32,049 | €29,655 | -€2,394 | -7.5% |
| Taxes | 450/3 | €20,066 | €21,788 | +€1,721 | +8.6% |
| Remuneration and social security | 454/9 | €11,983 | €7,867 | -€4,116 | -34.3% |
| Remuneration, social security and pensions | 62 | €83,291 | €88,461 | +€5,170 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,337 | €73,057 | +€24,719 | +51.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,545 | +€1,545 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€17,029 | - | +€17,029 | |
| Other operating charges | 640/8 | €2,942 | €10,893 | +€7,952 | +270.3% |
| Non-recurring operating charges | 66A | - | €835 | +€835 | |
| Gross operating margin | 9900 | €145,602 | €162,790 | +€17,188 | +11.8% |
| Operating profit (loss) | 9901 | €28,060 | -€12,002 | -€40,062 | |
| Financial income | 75/76B | €1 | €1 | -€1 | -40.5% |
| Recurring financial income | 75 | €1 | €1 | -€1 | -40.5% |
| Financial charges | 65/66B | €6,750 | €20,382 | +€13,632 | +201.9% |
| Recurring financial charges | 65 | €6,750 | €20,382 | +€13,632 | +201.9% |
| Profit (loss) for the period before taxes | 9903 | €21,311 | -€32,383 | -€53,694 | |
| Income taxes | 67/77 | €11,254 | €10 | -€11,244 | -99.9% |
| Profit (loss) for the period | 9904 | €10,057 | -€32,393 | -€42,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,057 | -€32,393 | -€42,450 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.