AC DAL 7: 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.
AC DAL 7
Largest movements
- Receivables within one year +€52,607
up €52,607 (+127.9%), from €41,129 to €93,736
of which Other amounts receivable: +€32,354
- Cash +€21,471
up €21,471 (+37.3%), from €57,589 to €79,060
mainly Debts after one year (+€32,366) and Net result for the year (+€30,829)
- Intangible fixed assets -€15,402
down €15,402 (-50.1%), from €30,772 to €15,370
- Tangible fixed assets +€6,924
up €6,924 (+14.5%), from €47,683 to €54,607
of which Plant, machinery and equipment: +€4,322
- Current investments -€4,023
down €4,023 (-28.7%), from €14,023 to €10,000
- Debts after one year +€32,366
up €32,366 (+127.1%), from €25,461 to €57,827
- Tax, wage and social debts +€20,695
up €20,695 (+61.3%), from €33,766 to €54,461
of which Taxes: +€13,658
- Other debts -€20,571
down €20,571 (-82.7%), from €24,863 to €4,291
- Current portion of long-term debt +€16,198
up €16,198 (+82.6%), from €19,616 to €35,815
- Trade debts +€12,060
up €12,060 (+49.2%), from €24,521 to €36,581
- Staff costs +€44,364
up €44,364 (+201.7%), from €21,995 to €66,359
- Gross operating margin +€28,919
up €28,919 (+22.4%), from €129,226 to €158,145
- Taxes -€4,779
down €4,779 (-18.3%), from €26,075 to €21,296
- Financial charges +€4,717
up €4,717 (+137.6%), from €3,429 to €8,146
of which Non-recurring financial charges: +€4,020
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 | €191,196 | €252,773 | +€61,577 | +32.2% |
| Fixed assets | 21/28 | €78,455 | €69,977 | -€8,478 | -10.8% |
| Intangible fixed assets | 21 | €30,772 | €15,370 | -€15,402 | -50.1% |
| Tangible fixed assets | 22/27 | €47,683 | €54,607 | +€6,924 | +14.5% |
| Plant, machinery and equipment | 23 | €29,918 | €34,240 | +€4,322 | +14.4% |
| Furniture and vehicles | 24 | €17,764 | €20,367 | +€2,603 | +14.7% |
| Current assets | 29/58 | €112,741 | €182,796 | +€70,055 | +62.1% |
| Amounts receivable within one year | 40/41 | €41,129 | €93,736 | +€52,607 | +127.9% |
| Trade receivables | 40 | €41,129 | €61,382 | +€20,253 | +49.2% |
| Other amounts receivable | 41 | - | €32,354 | +€32,354 | |
| Current investments | 50/53 | €14,023 | €10,000 | -€4,023 | -28.7% |
| Cash at bank and in hand | 54/58 | €57,589 | €79,060 | +€21,471 | +37.3% |
| Total equity and liabilities | 10/49 | €191,196 | €252,773 | +€61,577 | +32.2% |
| Equity | 10/15 | €62,969 | €63,798 | +€829 | +1.3% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,969 | €3,798 | +€829 | +27.9% |
| Amounts payable | 17/49 | €128,227 | €188,975 | +€60,748 | +47.4% |
| Amounts payable after more than one year | 17 | €25,461 | €57,827 | +€32,366 | +127.1% |
| Financial debts | 170/4 | €25,461 | €57,827 | +€32,366 | +127.1% |
| Amounts payable within one year | 42/48 | €102,766 | €131,148 | +€28,381 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €19,616 | €35,815 | +€16,198 | +82.6% |
| Trade debts | 44 | €24,521 | €36,581 | +€12,060 | +49.2% |
| Suppliers | 440/4 | €24,521 | €36,581 | +€12,060 | +49.2% |
| Taxes, remuneration and social security | 45 | €33,766 | €54,461 | +€20,695 | +61.3% |
| Taxes | 450/3 | €33,766 | €47,425 | +€13,658 | +40.4% |
| Remuneration and social security | 454/9 | - | €7,036 | +€7,036 | |
| Other amounts payable | 47/48 | €24,863 | €4,291 | -€20,571 | -82.7% |
| Remuneration, social security and pensions | 62 | €21,995 | €66,359 | +€44,364 | +201.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,246 | €27,892 | -€1,354 | -4.6% |
| Other operating charges | 640/8 | €2,021 | €1,610 | -€411 | -20.3% |
| Non-recurring operating charges | 66A | €20,864 | €2,104 | -€18,760 | -89.9% |
| Gross operating margin | 9900 | €129,226 | €158,145 | +€28,919 | +22.4% |
| Operating profit (loss) | 9901 | €55,100 | €60,180 | +€5,080 | +9.2% |
| Financial income | 75/76B | €104 | €91 | -€13 | -12.7% |
| Recurring financial income | 75 | €104 | €91 | -€13 | -12.7% |
| Financial charges | 65/66B | €3,429 | €8,146 | +€4,717 | +137.6% |
| Recurring financial charges | 65 | €3,425 | €4,123 | +€697 | +20.4% |
| Non-recurring financial charges | 66B | €3 | €4,023 | +€4,020 | +119989.6% |
| Profit (loss) for the period before taxes | 9903 | €51,775 | €52,125 | +€350 | +0.7% |
| Income taxes | 67/77 | €26,075 | €21,296 | -€4,779 | -18.3% |
| Profit (loss) for the period | 9904 | €25,700 | €30,829 | +€5,129 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,700 | €30,829 | +€5,129 | +20.0% |
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 4 October 2026 via checked.be.