DPLS INVEST: what changed
DPLS INVEST
Largest movements
- Cash +€60,778
up €60,778 (+41.9%), from €145,122 to €205,900
mainly Receivables within one year (+€42,572) and Net result for the year (+€41,598)
- Receivables within one year -€42,572
down €42,572 (-29.5%), from €144,449 to €101,877
of which Trade receivables: -€61,171
- Tangible fixed assets +€7,741
new in 2025: €7,741
- Reserves +€41,595
up €41,595 (+15.7%), from €265,650 to €307,245
- Tax, wage and social debts -€25,651
down €25,651 (-36.6%), from €70,013 to €44,362
- Trade debts +€19,926
up €19,926 (+361%), from €5,514 to €25,440
- Other debts -€8,880
no longer reported in 2025 (was €8,880)
- Gross operating margin -€132,865
down €132,865 (-66.5%), from €199,812 to €66,947
- Taxes -€42,761
down €42,761 (-64.1%), from €66,724 to €23,963
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 | €292,208 | €319,202 | +€26,993 | +9.2% |
| Fixed assets | 21/28 | €22 | €7,763 | +€7,741 | +35,413% |
| Tangible fixed assets | 22/27 | - | €7,741 | +€7,741 | |
| Furniture and vehicles | 24 | - | €7,741 | +€7,741 | |
| Financial fixed assets | 28 | €22 | €22 | = | 0.0% |
| Current assets | 29/58 | €292,187 | €311,439 | +€19,252 | +6.6% |
| Amounts receivable within one year | 40/41 | €144,449 | €101,877 | -€42,572 | -29.5% |
| Trade receivables | 40 | €82,394 | €21,223 | -€61,171 | -74.2% |
| Other amounts receivable | 41 | €62,055 | €80,654 | +€18,599 | +30.0% |
| Cash at bank and in hand | 54/58 | €145,122 | €205,900 | +€60,778 | +41.9% |
| Deferred charges and accrued income | 490/1 | €2,615 | €3,661 | +€1,046 | +40.0% |
| Total equity and liabilities | 10/49 | €292,208 | €319,202 | +€26,993 | +9.2% |
| Equity | 10/15 | €207,802 | €249,400 | +€41,598 | +20.0% |
| Contributions | 10/11 | €17,760 | €17,760 | = | 0.0% |
| Capital | 10 | €17,760 | €17,760 | = | 0.0% |
| Issued capital | 100 | €20,460 | €20,460 | = | 0.0% |
| Uncalled capital | 101 | €2,700 | €2,700 | = | 0.0% |
| Reserves | 13 | €265,650 | €307,245 | +€41,595 | +15.7% |
| Distributable reserves | 133 | €265,650 | €307,245 | +€41,595 | +15.7% |
| Profit (loss) carried forward | 14 | -€75,608 | -€75,605 | +€3 | 0.0% |
| Amounts payable | 17/49 | €84,406 | €69,801 | -€14,605 | -17.3% |
| Amounts payable within one year | 42/48 | €84,406 | €69,801 | -€14,605 | -17.3% |
| Trade debts | 44 | €5,514 | €25,440 | +€19,926 | +361% |
| Suppliers | 440/4 | €5,514 | €25,440 | +€19,926 | +361% |
| Taxes, remuneration and social security | 45 | €70,013 | €44,362 | -€25,651 | -36.6% |
| Taxes | 450/3 | €70,013 | €44,362 | -€25,651 | -36.6% |
| Other amounts payable | 47/48 | €8,880 | - | -€8,880 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €159 | +€159 | |
| Other operating charges | 640/8 | €817 | €794 | -€22 | -2.7% |
| Gross operating margin | 9900 | €199,812 | €66,947 | -€132,865 | -66.5% |
| Operating profit (loss) | 9901 | €198,995 | €65,994 | -€133,001 | -66.8% |
| Financial income | 75/76B | €1 | €12 | +€12 | +1,730% |
| Recurring financial income | 75 | €1 | €12 | +€12 | +1,730% |
| Financial charges | 65/66B | €973 | €445 | -€528 | -54.3% |
| Recurring financial charges | 65 | €973 | €445 | -€528 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €198,023 | €65,561 | -€132,462 | -66.9% |
| Income taxes | 67/77 | €66,724 | €23,963 | -€42,761 | -64.1% |
| Profit (loss) for the period | 9904 | €131,300 | €41,598 | -€89,701 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €131,300 | €41,598 | -€89,701 | -68.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.