DPH Retail: 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.
DPH Retail
Largest movements
- Tangible fixed assets -€109,923
down €109,923 (-12.8%), from €858,757 to €748,834
of which Land and buildings: -€92,398
- Receivables within one year +€39,134
up €39,134 (+311%), from €12,565 to €51,699
of which Other amounts receivable: +€38,262
- Debts after one year -€87,422
down €87,422 (-10.3%), from €852,587 to €765,165
- Trade debts +€32,465
up €32,465 (+9.4%), from €344,884 to €377,349
- Staff costs +€122,300
up €122,300 (+59.2%), from €206,436 to €328,737
- Gross operating margin +€117,658
up €117,658 (+35.3%), from €333,507 to €451,165
- Depreciation +€28,013
up €28,013 (+34.2%), from €81,989 to €110,002
- Financial income +€27,300
up €27,300 (+5,487%), from €498 to €27,797
of which Non-recurring financial income: +€27,284
- Financial charges -€7,156
down €7,156 (-19.5%), from €36,681 to €29,525
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 | €1,330,621 | €1,270,451 | -€60,170 | -4.5% |
| Fixed assets | 21/28 | €860,917 | €759,090 | -€101,827 | -11.8% |
| Intangible fixed assets | 21 | - | €6,596 | +€6,596 | |
| Tangible fixed assets | 22/27 | €858,757 | €748,834 | -€109,923 | -12.8% |
| Land and buildings | 22 | €761,409 | €669,010 | -€92,398 | -12.1% |
| Plant, machinery and equipment | 23 | €94,126 | €79,824 | -€14,303 | -15.2% |
| Furniture and vehicles | 24 | €3,222 | - | -€3,222 | |
| Financial fixed assets | 28 | €2,160 | €3,660 | +€1,500 | +69.4% |
| Current assets | 29/58 | €469,704 | €511,361 | +€41,657 | +8.9% |
| Stocks and contracts in progress | 3 | €308,000 | €309,850 | +€1,850 | +0.6% |
| Stocks | 30/36 | €308,000 | €309,850 | +€1,850 | +0.6% |
| Amounts receivable within one year | 40/41 | €12,565 | €51,699 | +€39,134 | +311% |
| Trade receivables | 40 | €883 | €1,756 | +€873 | +98.8% |
| Other amounts receivable | 41 | €11,681 | €49,943 | +€38,262 | +328% |
| Cash at bank and in hand | 54/58 | €143,672 | €148,423 | +€4,751 | +3.3% |
| Deferred charges and accrued income | 490/1 | €5,468 | €1,388 | -€4,079 | -74.6% |
| Total equity and liabilities | 10/49 | €1,330,621 | €1,270,451 | -€60,170 | -4.5% |
| Equity | 10/15 | €28,182 | €31,301 | +€3,119 | +11.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,182 | €11,301 | +€3,119 | +38.1% |
| Distributable reserves | 133 | €8,182 | €11,301 | +€3,119 | +38.1% |
| Amounts payable | 17/49 | €1,302,439 | €1,239,150 | -€63,289 | -4.9% |
| Amounts payable after more than one year | 17 | €852,587 | €765,165 | -€87,422 | -10.3% |
| Financial debts | 170/4 | €852,587 | €765,165 | -€87,422 | -10.3% |
| Amounts payable within one year | 42/48 | €448,332 | €473,795 | +€25,463 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €83,970 | €87,422 | +€3,452 | +4.1% |
| Financial debts | 43 | €392 | €1,203 | +€811 | +207% |
| Other loans | 439 | €392 | €1,203 | +€811 | +207% |
| Trade debts | 44 | €344,884 | €377,349 | +€32,465 | +9.4% |
| Suppliers | 440/4 | €344,884 | €377,349 | +€32,465 | +9.4% |
| Taxes, remuneration and social security | 45 | €12,408 | €7,821 | -€4,587 | -37.0% |
| Taxes | 450/3 | €107 | €2,785 | +€2,678 | +2,500% |
| Remuneration and social security | 454/9 | €12,301 | €5,036 | -€7,265 | -59.1% |
| Other amounts payable | 47/48 | €6,678 | - | -€6,678 | |
| Accrued charges and deferred income | 492/3 | €1,520 | €190 | -€1,330 | -87.5% |
| Remuneration, social security and pensions | 62 | €206,436 | €328,737 | +€122,300 | +59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,989 | €110,002 | +€28,013 | +34.2% |
| Other operating charges | 640/8 | €610 | €7,580 | +€6,970 | +1,143% |
| Gross operating margin | 9900 | €333,507 | €451,165 | +€117,658 | +35.3% |
| Operating profit (loss) | 9901 | €44,472 | €4,847 | -€39,625 | -89.1% |
| Financial income | 75/76B | €498 | €27,797 | +€27,300 | +5,487% |
| Recurring financial income | 75 | €74 | €90 | +€15 | +20.8% |
| Non-recurring financial income | 76B | €423 | €27,707 | +€27,284 | +6,446% |
| Financial charges | 65/66B | €36,681 | €29,525 | -€7,156 | -19.5% |
| Recurring financial charges | 65 | €36,681 | €29,525 | -€7,156 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €8,289 | €3,119 | -€5,170 | -62.4% |
| Income taxes | 67/77 | €107 | - | -€107 | |
| Profit (loss) for the period | 9904 | €8,182 | €3,119 | -€5,063 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,182 | €3,119 | -€5,063 | -61.9% |
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 15 October 2026 via checked.be.