DPH INVEST: what changed
DPH INVEST
Largest movements
- Receivables within one year -€24,200
down €24,200 (-100%), from €24,200 to €0
- Cash -€16,805
down €16,805 (-72.4%), from €23,202 to €6,397
mainly Short-term financial debts (-€258,500) and Net result for the year (-€26,589)
- Short-term financial debts -€258,500
no longer reported in 2025 (was €258,500)
- Debts after one year +€244,000
new in 2025: €244,000
- Profit (loss) carried forward -€26,589
down €26,589 (-139%), from -€19,069 to -€45,658
- Gross operating margin -€22,040
down €22,040 (-583%), from -€3,780 to -€25,820
- Financial charges -€6,664
down €6,664 (-96.2%), from €6,925 to €262
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €457,010 | €416,005 | -€41,005 | -9.0% |
| Current assets | 29/58 | €457,010 | €416,005 | -€41,005 | -9.0% |
| Stocks and contracts in progress | 3 | €409,607 | €409,607 | = | 0.0% |
| Stocks | 30/36 | €409,607 | €409,607 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,200 | €0 | -€24,200 | -100% |
| Trade receivables | 40 | €24,200 | €0 | -€24,200 | -100% |
| Cash at bank and in hand | 54/58 | €23,202 | €6,397 | -€16,805 | -72.4% |
| Total equity and liabilities | 10/49 | €457,010 | €416,005 | -€41,005 | -9.0% |
| Equity | 10/15 | -€4,883 | -€31,472 | -€26,589 | -545% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €4,186 | €4,186 | = | 0.0% |
| Distributable reserves | 133 | €4,186 | €4,186 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,069 | -€45,658 | -€26,589 | -139% |
| Amounts payable | 17/49 | €461,893 | €447,477 | -€14,416 | -3.1% |
| Amounts payable after more than one year | 17 | - | €244,000 | +€244,000 | |
| Financial debts | 170/4 | - | €244,000 | +€244,000 | |
| Amounts payable within one year | 42/48 | €461,893 | €203,477 | -€258,416 | -55.9% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Financial debts | 43 | €258,500 | - | -€258,500 | |
| Credit institutions | 430/8 | €258,500 | - | -€258,500 | |
| Trade debts | 44 | €315 | €785 | +€470 | +149% |
| Suppliers | 440/4 | €315 | €785 | +€470 | +149% |
| Taxes, remuneration and social security | 45 | €1,987 | €1,601 | -€386 | -19.4% |
| Taxes | 450/3 | €1,987 | €1,601 | -€386 | -19.4% |
| Other amounts payable | 47/48 | €201,090 | €201,090 | = | 0.0% |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | -€3,780 | -€25,820 | -€22,040 | -583% |
| Operating profit (loss) | 9901 | -€4,282 | -€26,327 | -€22,045 | -515% |
| Financial charges | 65/66B | €6,925 | €262 | -€6,664 | -96.2% |
| Recurring financial charges | 65 | €6,925 | €262 | -€6,664 | -96.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,208 | -€26,589 | -€15,382 | -137% |
| Profit (loss) for the period | 9904 | -€11,208 | -€26,589 | -€15,382 | -137% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,208 | -€26,589 | -€15,382 | -137% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.