DPK: 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.
What changed
DPK
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€462,950
2024 · €344,522+€118,427
Equity
€4.8m
2024 · €4.4m+€462,950
Cash
€161,712
2024 · €146,073+€15,638
Balance sheet total
€6.2m
2024 · €5.9m+€337,899
Largest movements
Assets
- Current investments +€450,000
new in 2025: €450,000
- Tangible fixed assets -€106,919
down €106,919 (-2.1%), from €5.2m to €5.1m
of which Land and buildings: -€107,762
Equity and liabilities
- Reserves +€462,900
up €462,900 (+26.4%), from €1.8m to €2.2m
- Debts after one year -€185,539
down €185,539 (-14.0%), from €1.3m to €1.1m
of which Financial debts: -€185,539
Income statement
- Gross operating margin +€188,499
up €188,499 (+28.1%), from €670,733 to €859,232
- Taxes +€76,610
up €76,610 (+54.6%), from €140,395 to €217,006
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.
Result 2024
€344,522
Gross operating margin
+€188,499
Depreciation
-€6,365
Other operating charges
+€8,043
Financial income
+€1,536
Financial charges
+€3,324
Taxes
-€76,610
Result 2025
€462,950
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.
From operations
+€650,180
Investment
-€450,899
Financing
-€183,643
Cash 2024
€146,073
From operations (derived)
+€650,180
Net result for the year
+€462,950
Depreciation
+€107,818
Receivables after one year
-€5,709
Receivables within one year
+€25,361
Deferred charges and accrued income
+€1,168
Trade debts
-€450
Tax, wage and social debts
+€57,765
Other debts
+€1,277
Investment (derived)
-€450,899
Investment in fixed assets (net)
-€899
Current investments
-€450,000
Financing
-€183,643
Debts after one year
-€185,539
Current portion of long-term debt
+€1,897
Cash 2025
€161,712
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,896,788 | €6,234,687 | +€337,899 | +5.7% |
| Fixed assets | 21/28 | €5,170,105 | €5,063,186 | -€106,919 | -2.1% |
| Tangible fixed assets | 22/27 | €5,170,105 | €5,063,186 | -€106,919 | -2.1% |
| Land and buildings | 22 | €5,170,093 | €5,062,330 | -€107,762 | -2.1% |
| Furniture and vehicles | 24 | €13 | €856 | +€843 | +6723.4% |
| Current assets | 29/58 | €726,683 | €1,171,501 | +€444,818 | +61.2% |
| Amounts receivable after more than one year | 29 | €380,618 | €386,327 | +€5,709 | +1.5% |
| Other amounts receivable | 291 | €380,618 | €386,327 | +€5,709 | +1.5% |
| Amounts receivable within one year | 40/41 | €193,747 | €168,386 | -€25,361 | -13.1% |
| Trade receivables | 40 | €168,897 | €168,386 | -€511 | -0.3% |
| Other amounts receivable | 41 | €24,850 | - | -€24,850 | |
| Current investments | 50/53 | - | €450,000 | +€450,000 | |
| Cash at bank and in hand | 54/58 | €146,073 | €161,712 | +€15,638 | +10.7% |
| Deferred charges and accrued income | 490/1 | €6,245 | €5,077 | -€1,168 | -18.7% |
| Total equity and liabilities | 10/49 | €5,896,788 | €6,234,687 | +€337,899 | +5.7% |
| Equity | 10/15 | €4,376,168 | €4,839,118 | +€462,950 | +10.6% |
| Contributions | 10/11 | €2,620,000 | €2,620,000 | = | 0.0% |
| Reserves | 13 | €1,755,200 | €2,218,100 | +€462,900 | +26.4% |
| Distributable reserves | 133 | €1,755,200 | €2,218,100 | +€462,900 | +26.4% |
| Profit (loss) carried forward | 14 | €968 | €1,018 | +€50 | +5.1% |
| Amounts payable | 17/49 | €1,520,620 | €1,395,570 | -€125,051 | -8.2% |
| Amounts payable after more than one year | 17 | €1,325,810 | €1,140,271 | -€185,539 | -14.0% |
| Financial debts | 170/4 | €1,297,660 | €1,112,120 | -€185,539 | -14.3% |
| Other amounts payable | 178/9 | €28,151 | €28,151 | = | 0.0% |
| Amounts payable within one year | 42/48 | €194,810 | €255,299 | +€60,489 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | €183,643 | €185,539 | +€1,897 | +1.0% |
| Trade debts | 44 | €450 | €0 | -€450 | -100.0% |
| Suppliers | 440/4 | €450 | €0 | -€450 | -100.0% |
| Taxes, remuneration and social security | 45 | €8,217 | €65,982 | +€57,765 | +703.0% |
| Taxes | 450/3 | €8,217 | €65,982 | +€57,765 | +703.0% |
| Other amounts payable | 47/48 | €2,500 | €3,777 | +€1,277 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,453 | €107,818 | +€6,365 | +6.3% |
| Other operating charges | 640/8 | €62,811 | €54,767 | -€8,043 | -12.8% |
| Gross operating margin | 9900 | €670,733 | €859,232 | +€188,499 | +28.1% |
| Operating profit (loss) | 9901 | €506,470 | €696,647 | +€190,177 | +37.5% |
| Financial income | 75/76B | €5,711 | €7,248 | +€1,536 | +26.9% |
| Recurring financial income | 75 | €5,711 | €7,248 | +€1,536 | +26.9% |
| Financial charges | 65/66B | €27,263 | €23,939 | -€3,324 | -12.2% |
| Recurring financial charges | 65 | €27,263 | €23,939 | -€3,324 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €484,918 | €679,955 | +€195,038 | +40.2% |
| Income taxes | 67/77 | €140,395 | €217,006 | +€76,610 | +54.6% |
| Profit (loss) for the period | 9904 | €344,522 | €462,950 | +€118,427 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €344,522 | €462,950 | +€118,427 | +34.4% |
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 3 October 2026 via checked.be.