DPS VERWARMING: 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.
DPS VERWARMING
Largest movements
- Tangible fixed assets +€22,229
up €22,229 (+22.0%), from €100,832 to €123,062
of which Land and buildings: +€17,446
- Receivables within one year -€2,648
down €2,648 (-2.3%), from €116,477 to €113,829
of which Other amounts receivable: -€13,822
- Reserves +€19,228
up €19,228 (+13.6%), from €141,831 to €161,059
- Debts after one year -€10,567
down €10,567 (-24.3%), from €43,567 to €33,000
- Tax, wage and social debts +€5,296
up €5,296 (+485.3%), from €1,091 to €6,387
- Trade debts +€3,797
up €3,797 (+191.6%), from €1,981 to €5,778
- Gross operating margin +€22,722
up €22,722 (+150.7%), from €15,074 to €37,796
- Taxes +€8,396
up €8,396 (+1067.8%), from €786 to €9,183
- Financial income -€854
down €854 (-14.1%), from €6,079 to €5,225
- Depreciation +€610
up €610 (+5.8%), from €10,458 to €11,068
- Financial charges -€563
down €563 (-17.1%), from €3,291 to €2,728
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 | €231,208 | €249,476 | +€18,269 | +7.9% |
| Fixed assets | 21/28 | €100,832 | €123,062 | +€22,229 | +22.0% |
| Tangible fixed assets | 22/27 | €100,832 | €123,062 | +€22,229 | +22.0% |
| Land and buildings | 22 | €97,592 | €115,037 | +€17,446 | +17.9% |
| Plant, machinery and equipment | 23 | €3,054 | €8,024 | +€4,970 | +162.7% |
| Furniture and vehicles | 24 | €186 | €0 | -€186 | -100.0% |
| Current assets | 29/58 | €130,375 | €126,415 | -€3,961 | -3.0% |
| Stocks and contracts in progress | 3 | €3,650 | €3,500 | -€150 | -4.1% |
| Stocks | 30/36 | €3,650 | €3,500 | -€150 | -4.1% |
| Amounts receivable within one year | 40/41 | €116,477 | €113,829 | -€2,648 | -2.3% |
| Trade receivables | 40 | €11,112 | €22,286 | +€11,174 | +100.6% |
| Other amounts receivable | 41 | €105,365 | €91,543 | -€13,822 | -13.1% |
| Cash at bank and in hand | 54/58 | €10,248 | €9,085 | -€1,163 | -11.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €231,208 | €249,476 | +€18,269 | +7.9% |
| Equity | 10/15 | €154,231 | €173,459 | +€19,228 | +12.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €141,831 | €161,059 | +€19,228 | +13.6% |
| Distributable reserves | 133 | €141,831 | €161,059 | +€19,228 | +13.6% |
| Provisions and deferred taxes | 16 | €19,000 | €19,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €19,000 | €19,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €19,000 | €19,000 | = | 0.0% |
| Amounts payable | 17/49 | €57,976 | €57,017 | -€959 | -1.7% |
| Amounts payable after more than one year | 17 | €43,567 | €33,000 | -€10,567 | -24.3% |
| Financial debts | 170/4 | €43,567 | €33,000 | -€10,567 | -24.3% |
| Amounts payable within one year | 42/48 | €14,409 | €24,017 | +€9,608 | +66.7% |
| Current portion of amounts payable after more than one year | 42 | €10,048 | €10,567 | +€519 | +5.2% |
| Financial debts | 43 | €1,288 | €1,285 | -€4 | -0.3% |
| Credit institutions | 430/8 | €1,288 | €1,285 | -€4 | -0.3% |
| Trade debts | 44 | €1,981 | €5,778 | +€3,797 | +191.6% |
| Suppliers | 440/4 | €1,981 | €5,778 | +€3,797 | +191.6% |
| Taxes, remuneration and social security | 45 | €1,091 | €6,387 | +€5,296 | +485.3% |
| Taxes | 450/3 | €1,091 | €6,387 | +€5,296 | +485.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,458 | €11,068 | +€610 | +5.8% |
| Other operating charges | 640/8 | €791 | €815 | +€25 | +3.1% |
| Gross operating margin | 9900 | €15,074 | €37,796 | +€22,722 | +150.7% |
| Operating profit (loss) | 9901 | €3,826 | €25,914 | +€22,088 | +577.3% |
| Financial income | 75/76B | €6,079 | €5,225 | -€854 | -14.1% |
| Recurring financial income | 75 | €6,079 | €5,225 | -€854 | -14.1% |
| Financial charges | 65/66B | €3,291 | €2,728 | -€563 | -17.1% |
| Recurring financial charges | 65 | €3,291 | €2,728 | -€563 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €6,615 | €28,411 | +€21,796 | +329.5% |
| Income taxes | 67/77 | €786 | €9,183 | +€8,396 | +1067.8% |
| Profit (loss) for the period | 9904 | €5,829 | €19,228 | +€13,400 | +229.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,829 | €19,228 | +€13,400 | +229.9% |
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 8 October 2026 via checked.be.