DPHL CONSULT: 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.
DPHL CONSULT
Largest movements
- Receivables within one year +€44,248
up €44,248 (+30.3%), from €145,950 to €190,198
of which Other amounts receivable: +€36,988
- Cash -€31,147
down €31,147 (-86.1%), from €36,173 to €5,026
mainly Receivables within one year (-€44,248) and Other debts (-€11,490)
- Reserves +€29,000
up €29,000 (+11.0%), from €263,079 to €292,079
of which Distributable reserves: +€29,000
- Other debts -€11,490
down €11,490 (-82.8%), from €13,871 to €2,381
- Trade debts -€8,012
down €8,012 (-77.8%), from €10,304 to €2,292
- Taxes -€66,078
down €66,078 (-83.4%), from €79,230 to €13,152
- Depreciation -€5,487
down €5,487 (-69.6%), from €7,884 to €2,398
- Gross operating margin -€3,989
down €3,989 (-7.6%), from €52,149 to €48,160
- Financial charges -€607
down €607 (-49.8%), from €1,221 to €613
- Financial income +€574
new in 2025: €574
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 | €413,769 | €426,106 | +€12,337 | +3.0% |
| Fixed assets | 21/28 | €2,398 | - | -€2,398 | |
| Tangible fixed assets | 22/27 | €2,398 | - | -€2,398 | |
| Furniture and vehicles | 24 | €2,398 | - | -€2,398 | |
| Current assets | 29/58 | €411,371 | €426,106 | +€14,735 | +3.6% |
| Amounts receivable after more than one year | 29 | €229,000 | €230,600 | +€1,600 | +0.7% |
| Other amounts receivable | 291 | €229,000 | €230,600 | +€1,600 | +0.7% |
| Amounts receivable within one year | 40/41 | €145,950 | €190,198 | +€44,248 | +30.3% |
| Trade receivables | 40 | €24,866 | €32,126 | +€7,260 | +29.2% |
| Other amounts receivable | 41 | €121,085 | €158,073 | +€36,988 | +30.5% |
| Cash at bank and in hand | 54/58 | €36,173 | €5,026 | -€31,147 | -86.1% |
| Deferred charges and accrued income | 490/1 | €248 | €282 | +€34 | +13.7% |
| Total equity and liabilities | 10/49 | €413,769 | €426,106 | +€12,337 | +3.0% |
| Equity | 10/15 | €293,454 | €324,662 | +€31,209 | +10.6% |
| Contributions | 10/11 | €29,750 | €29,750 | = | 0.0% |
| Reserves | 13 | €263,079 | €292,079 | +€29,000 | +11.0% |
| Tax-exempt reserves | 132 | €73,079 | €73,079 | = | 0.0% |
| Distributable reserves | 133 | €190,000 | €219,000 | +€29,000 | +15.3% |
| Profit (loss) carried forward | 14 | €624 | €2,833 | +€2,209 | +354% |
| Provisions and deferred taxes | 16 | €24,360 | €24,360 | = | 0.0% |
| Deferred taxes | 168 | €24,360 | €24,360 | = | 0.0% |
| Amounts payable | 17/49 | €95,955 | €77,084 | -€18,871 | -19.7% |
| Amounts payable within one year | 42/48 | €95,955 | €77,084 | -€18,871 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €2,342 | - | -€2,342 | |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Other loans | 439 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €10,304 | €2,292 | -€8,012 | -77.8% |
| Suppliers | 440/4 | €10,304 | €2,292 | -€8,012 | -77.8% |
| Taxes, remuneration and social security | 45 | €44,438 | €47,410 | +€2,973 | +6.7% |
| Taxes | 450/3 | €44,438 | €47,410 | +€2,973 | +6.7% |
| Other amounts payable | 47/48 | €13,871 | €2,381 | -€11,490 | -82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,884 | €2,398 | -€5,487 | -69.6% |
| Other operating charges | 640/8 | €980 | €1,362 | +€382 | +39.0% |
| Gross operating margin | 9900 | €52,149 | €48,160 | -€3,989 | -7.6% |
| Operating profit (loss) | 9901 | €43,285 | €44,400 | +€1,115 | +2.6% |
| Financial income | 75/76B | - | €574 | +€574 | |
| Recurring financial income | 75 | - | €574 | +€574 | |
| Financial charges | 65/66B | €1,221 | €613 | -€607 | -49.8% |
| Recurring financial charges | 65 | €1,221 | €613 | -€607 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €42,064 | €44,361 | +€2,297 | +5.5% |
| Transfer from deferred taxes | 780 | €51,809 | - | -€51,809 | |
| Income taxes | 67/77 | €79,230 | €13,152 | -€66,078 | -83.4% |
| Profit (loss) for the period | 9904 | €14,643 | €31,209 | +€16,566 | +113% |
| Transfer from tax-exempt reserves | 789 | €155,427 | - | -€155,427 | |
| Profit (loss) for the period to be appropriated | 9905 | €170,070 | €31,209 | -€138,861 | -81.6% |
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.