PS DHILLON: 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.
PS DHILLON
Largest movements
- Stocks and contracts -€12,424
down €12,424 (-16.5%), from €75,250 to €62,826
- Tangible fixed assets -€1,000
no longer reported in 2025 (was €1,000)
- Trade debts -€26,059
down €26,059 (-51.7%), from €50,393 to €24,334
- Profit (loss) carried forward +€16,501
up €16,501 (+81.7%), from -€20,208 to -€3,707
- Other debts -€2,400
down €2,400 (-9.9%), from €24,215 to €21,815
- Tax, wage and social debts -€2,032
down €2,032 (-17.2%), from €11,818 to €9,786
of which Taxes: -€2,032
- Turnover -€27,999
down €27,999 (-11.0%), from €253,832 to €225,833
- Purchases and services -€9,107
down €9,107 (-3.8%), from €240,165 to €231,058
- Staff costs -€6,000
no longer reported in 2025 (was €6,000)
- Gross operating margin +€5,264
up €5,264 (+38.5%), from €13,667 to €18,931
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 | €79,250 | €65,847 | -€13,403 | -16.9% |
| Fixed assets | 21/28 | €1,000 | - | -€1,000 | |
| Tangible fixed assets | 22/27 | €1,000 | - | -€1,000 | |
| Furniture and vehicles | 24 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €78,250 | €65,847 | -€12,403 | -15.9% |
| Stocks and contracts in progress | 3 | €75,250 | €62,826 | -€12,424 | -16.5% |
| Stocks | 30/36 | €75,250 | €62,826 | -€12,424 | -16.5% |
| Cash at bank and in hand | 54/58 | €3,000 | €3,021 | +€21 | +0.7% |
| Total equity and liabilities | 10/49 | €79,250 | €65,847 | -€13,403 | -16.9% |
| Equity | 10/15 | -€9,002 | €7,499 | +€16,501 | |
| Contributions | 10/11 | €9,700 | €9,700 | = | 0.0% |
| Capital | 10 | €9,700 | - | -€9,700 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €8,900 | - | -€8,900 | |
| Reserves | 13 | €1,506 | €1,506 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,506 | €1,506 | = | 0.0% |
| Legal reserve | 130 | €1,506 | - | -€1,506 | |
| Reserves not available under the articles | 1311 | - | €1,506 | +€1,506 | |
| Profit (loss) carried forward | 14 | -€20,208 | -€3,707 | +€16,501 | +81.7% |
| Amounts payable | 17/49 | €88,252 | €58,348 | -€29,904 | -33.9% |
| Amounts payable within one year | 42/48 | €88,252 | €58,348 | -€29,904 | -33.9% |
| Financial debts | 43 | €1,826 | €2,413 | +€587 | +32.1% |
| Credit institutions | 430/8 | €1,826 | €2,413 | +€587 | +32.1% |
| Trade debts | 44 | €50,393 | €24,334 | -€26,059 | -51.7% |
| Suppliers | 440/4 | €50,393 | €24,334 | -€26,059 | -51.7% |
| Taxes, remuneration and social security | 45 | €11,818 | €9,786 | -€2,032 | -17.2% |
| Taxes | 450/3 | €8,399 | €6,367 | -€2,032 | -24.2% |
| Remuneration and social security | 454/9 | €3,419 | €3,419 | = | 0.0% |
| Other amounts payable | 47/48 | €24,215 | €21,815 | -€2,400 | -9.9% |
| Turnover | 70 | €253,832 | €225,833 | -€27,999 | -11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €240,165 | €231,058 | -€9,107 | -3.8% |
| Remuneration, social security and pensions | 62 | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,750 | €1,000 | -€1,750 | -63.6% |
| Other operating charges | 640/8 | €2,592 | €883 | -€1,709 | -65.9% |
| Gross operating margin | 9900 | €13,667 | €18,931 | +€5,264 | +38.5% |
| Operating profit (loss) | 9901 | €2,325 | €17,048 | +€14,723 | +633.2% |
| Financial charges | 65/66B | €565 | €547 | -€18 | -3.2% |
| Recurring financial charges | 65 | €565 | €547 | -€18 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €1,760 | €16,501 | +€14,741 | +837.6% |
| Profit (loss) for the period | 9904 | €1,760 | €16,501 | +€14,741 | +837.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,760 | €16,501 | +€14,741 | +837.6% |
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 10 October 2026 via checked.be.