DPMC: 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.
DPMC
Largest movements
- Tangible fixed assets -€235,966
down €235,966 (-11.3%), from €2.1m to €1.8m
of which Leasing and similar rights: -€139,418
- Receivables within one year +€36,445
up €36,445 (+7.1%), from €516,360 to €552,805
of which Trade receivables: +€48,961
- Reserves +€385,349
up €385,349 (+733.4%), from €52,545 to €437,894
of which Tax-exempt reserves: +€385,349
- Debts after one year -€349,479
down €349,479 (-21.4%), from €1.6m to €1.3m
- Accrued charges and deferred income -€124,573
down €124,573 (-55.8%), from €223,200 to €98,627
- Other debts -€102,543
down €102,543 (-84.8%), from €120,883 to €18,340
- Trade debts -€102,181
down €102,181 (-45.4%), from €224,995 to €122,814
- Financial income +€387,747
up €387,747 (+4898.7%), from €7,915 to €395,662
of which Non-recurring financial income: +€385,349
- Financial charges -€273,971
down €273,971 (-79.2%), from €346,079 to €72,109
of which Non-recurring financial charges: -€238,800
- Gross operating margin +€131,961
up €131,961 (+31.8%), from €414,486 to €546,446
- Depreciation -€117,282
down €117,282 (-39.3%), from €298,437 to €181,155
- Other operating charges +€67,345
up €67,345 (+102.5%), from €65,684 to €133,029
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,163,706 | €2,933,896 | -€229,809 | -7.3% |
| Fixed assets | 21/28 | €2,324,812 | €2,083,845 | -€240,966 | -10.4% |
| Intangible fixed assets | 21 | €16,233 | €11,233 | -€5,000 | -30.8% |
| Tangible fixed assets | 22/27 | €2,081,421 | €1,845,454 | -€235,966 | -11.3% |
| Land and buildings | 22 | €1,194,768 | €1,144,886 | -€49,883 | -4.2% |
| Plant, machinery and equipment | 23 | €13,211 | €6,904 | -€6,306 | -47.7% |
| Furniture and vehicles | 24 | €169,315 | €128,956 | -€40,359 | -23.8% |
| Leasing and similar rights | 25 | €662,627 | €523,208 | -€139,418 | -21.0% |
| Other tangible fixed assets | 26 | €41,500 | €41,500 | = | 0.0% |
| Financial fixed assets | 28 | €227,158 | €227,158 | = | 0.0% |
| Current assets | 29/58 | €838,894 | €850,051 | +€11,157 | +1.3% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €234,810 | €205,150 | -€29,660 | -12.6% |
| Stocks | 30/36 | €234,810 | €205,150 | -€29,660 | -12.6% |
| Amounts receivable within one year | 40/41 | €516,360 | €552,805 | +€36,445 | +7.1% |
| Trade receivables | 40 | €482,456 | €531,418 | +€48,961 | +10.1% |
| Other amounts receivable | 41 | €33,904 | €21,388 | -€12,516 | -36.9% |
| Cash at bank and in hand | 54/58 | €8,508 | €8,705 | +€196 | +2.3% |
| Deferred charges and accrued income | 490/1 | €39,216 | €43,391 | +€4,175 | +10.6% |
| Total equity and liabilities | 10/49 | €3,163,706 | €2,933,896 | -€229,809 | -7.3% |
| Equity | 10/15 | €388,245 | €862,397 | +€474,152 | +122.1% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Revaluation surpluses | 12 | €50,510 | €50,510 | = | 0.0% |
| Reserves | 13 | €52,545 | €437,894 | +€385,349 | +733.4% |
| Non-distributable reserves | 130/1 | €52,545 | €52,545 | = | 0.0% |
| Reserves not available under the articles | 1311 | €52,545 | €52,545 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €385,349 | +€385,349 | |
| Profit (loss) carried forward | 14 | €75,190 | €163,993 | +€88,803 | +118.1% |
| Amounts payable | 17/49 | €2,775,460 | €2,071,499 | -€703,961 | -25.4% |
| Amounts payable after more than one year | 17 | €1,633,836 | €1,284,356 | -€349,479 | -21.4% |
| Financial debts | 170/4 | €1,633,836 | €1,284,356 | -€349,479 | -21.4% |
| Amounts payable within one year | 42/48 | €918,425 | €688,516 | -€229,909 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €253,097 | €238,456 | -€14,641 | -5.8% |
| Financial debts | 43 | €180,000 | €207,753 | +€27,753 | +15.4% |
| Credit institutions | 430/8 | €180,000 | €207,753 | +€27,753 | +15.4% |
| Trade debts | 44 | €224,995 | €122,814 | -€102,181 | -45.4% |
| Suppliers | 440/4 | €224,995 | €122,814 | -€102,181 | -45.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €139,449 | €101,153 | -€38,296 | -27.5% |
| Taxes | 450/3 | €134,794 | €93,373 | -€41,421 | -30.7% |
| Remuneration and social security | 454/9 | €4,656 | €7,780 | +€3,124 | +67.1% |
| Other amounts payable | 47/48 | €120,883 | €18,340 | -€102,543 | -84.8% |
| Accrued charges and deferred income | 492/3 | €223,200 | €98,627 | -€124,573 | -55.8% |
| Remuneration, social security and pensions | 62 | €26,511 | €70,279 | +€43,768 | +165.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298,437 | €181,155 | -€117,282 | -39.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,132 | +€11,132 | |
| Other operating charges | 640/8 | €65,684 | €133,029 | +€67,345 | +102.5% |
| Gross operating margin | 9900 | €414,486 | €546,446 | +€131,961 | +31.8% |
| Operating profit (loss) | 9901 | €23,855 | €150,852 | +€126,997 | +532.4% |
| Financial income | 75/76B | €7,915 | €395,662 | +€387,747 | +4898.7% |
| Recurring financial income | 75 | €21 | €2,419 | +€2,398 | +11579.4% |
| Non-recurring financial income | 76B | €7,895 | €393,243 | +€385,349 | +4881.2% |
| Financial charges | 65/66B | €346,079 | €72,109 | -€273,971 | -79.2% |
| Recurring financial charges | 65 | €107,279 | €72,109 | -€35,171 | -32.8% |
| Non-recurring financial charges | 66B | €238,800 | €0 | -€238,800 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€314,309 | €474,406 | +€788,715 | |
| Income taxes | 67/77 | €10,541 | €254 | -€10,288 | -97.6% |
| Profit (loss) for the period | 9904 | -€324,850 | €474,152 | +€799,002 | |
| Transfer to tax-exempt reserves | 689 | - | €385,349 | +€385,349 | |
| Profit (loss) for the period to be appropriated | 9905 | -€324,850 | €88,803 | +€413,653 |
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 9 October 2026 via checked.be.