DXP GROUP: 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.
DXP GROUP
Largest movements
- Receivables within one year +€36,036
up €36,036 (+29.8%), from €120,976 to €157,012
of which Other amounts receivable: +€93,429
- Cash -€29,559
down €29,559 (-100.0%), from €29,564 to €5
mainly Trade debts (-€78,853) and Receivables within one year (-€36,036)
- Intangible fixed assets -€8,247
down €8,247 (-100%), from €8,247 to €0
- Tangible fixed assets -€7,599
down €7,599 (-47.6%), from €15,979 to €8,380
of which Other tangible fixed assets: -€4,200
- Trade debts -€78,853
down €78,853 (-71.8%), from €109,855 to €31,002
- Reserves +€43,217
new in 2025: €43,217
- Debts after one year +€36,000
new in 2025: €36,000
- Tax, wage and social debts -€17,809
down €17,809 (-52.7%), from €33,770 to €15,961
of which Taxes: -€17,566
- Current portion of long-term debt +€9,004
new in 2025: €9,004
- Gross operating margin +€55,123
up €55,123 (+305%), from €18,096 to €73,219
- Staff costs -€38,815
down €38,815 (-58.1%), from €66,809 to €27,994
- Financial income +€13,145
up €13,145 (+243,877%), from €5 to €13,150
- Depreciation +€11,307
up €11,307 (+249%), from €4,539 to €15,846
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 | €176,182 | €165,396 | -€10,786 | -6.1% |
| Fixed assets | 21/28 | €24,225 | €8,380 | -€15,846 | -65.4% |
| Intangible fixed assets | 21 | €8,247 | €0 | -€8,247 | -100% |
| Tangible fixed assets | 22/27 | €15,979 | €8,380 | -€7,599 | -47.6% |
| Plant, machinery and equipment | 23 | €11,778 | €8,380 | -€3,399 | -28.9% |
| Other tangible fixed assets | 26 | €4,200 | €0 | -€4,200 | -100% |
| Current assets | 29/58 | €151,957 | €157,017 | +€5,060 | +3.3% |
| Amounts receivable within one year | 40/41 | €120,976 | €157,012 | +€36,036 | +29.8% |
| Trade receivables | 40 | €58,770 | €1,377 | -€57,393 | -97.7% |
| Other amounts receivable | 41 | €62,206 | €155,635 | +€93,429 | +150% |
| Cash at bank and in hand | 54/58 | €29,564 | €5 | -€29,559 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,417 | €0 | -€1,417 | -100% |
| Total equity and liabilities | 10/49 | €176,182 | €165,396 | -€10,786 | -6.1% |
| Equity | 10/15 | €32,557 | €73,217 | +€40,661 | +125% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | - | €43,217 | +€43,217 | |
| Distributable reserves | 133 | - | €43,217 | +€43,217 | |
| Profit (loss) carried forward | 14 | €2,557 | €0 | -€2,557 | -100% |
| Amounts payable | 17/49 | €143,625 | €92,179 | -€51,446 | -35.8% |
| Amounts payable after more than one year | 17 | - | €36,000 | +€36,000 | |
| Financial debts | 170/4 | - | €36,000 | +€36,000 | |
| Amounts payable within one year | 42/48 | €143,625 | €56,179 | -€87,446 | -60.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,004 | +€9,004 | |
| Trade debts | 44 | €109,855 | €31,002 | -€78,853 | -71.8% |
| Suppliers | 440/4 | €109,855 | €31,002 | -€78,853 | -71.8% |
| Taxes, remuneration and social security | 45 | €33,770 | €15,961 | -€17,809 | -52.7% |
| Taxes | 450/3 | €28,756 | €11,190 | -€17,566 | -61.1% |
| Remuneration and social security | 454/9 | €5,014 | €4,771 | -€243 | -4.8% |
| Other amounts payable | 47/48 | - | €212 | +€212 | |
| Remuneration, social security and pensions | 62 | €66,809 | €27,994 | -€38,815 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,539 | €15,846 | +€11,307 | +249% |
| Other operating charges | 640/8 | €781 | €756 | -€25 | -3.2% |
| Gross operating margin | 9900 | €18,096 | €73,219 | +€55,123 | +305% |
| Operating profit (loss) | 9901 | -€54,033 | €28,624 | +€82,656 | |
| Financial income | 75/76B | €5 | €13,150 | +€13,145 | +243,877% |
| Recurring financial income | 75 | €5 | €13,150 | +€13,145 | +243,877% |
| Financial charges | 65/66B | €579 | €1,113 | +€534 | +92.3% |
| Recurring financial charges | 65 | €579 | €1,113 | +€534 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | -€54,606 | €40,661 | +€95,267 | |
| Profit (loss) for the period | 9904 | -€54,606 | €40,661 | +€95,267 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,606 | €40,661 | +€95,267 |
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 14 October 2026 via checked.be.