D.L.C. Holding: 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.
D.L.C. Holding
Largest movements
- Financial fixed assets +€46,432
up €46,432 (+2.1%), from €2.2m to €2.2m
- Cash -€36,460
down €36,460 (-5.3%), from €690,791 to €654,332
mainly Contributions, distributions and other (-€219,425) and Other debts (-€150,313)
- Reserves +€159,275
up €159,275 (+5.9%), from €2.7m to €2.8m
- Other debts -€150,313
down €150,313 (-100%), from €150,313 to €0
- Financial income +€66,551
up €66,551 (+19.5%), from €340,577 to €407,128
- Gross operating margin -€2,990
down €2,990 (-11.2%), from €26,721 to €23,730
- Taxes +€2,054
up €2,054 (+4.3%), from €48,243 to €50,297
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 | €2,918,528 | €2,928,159 | +€9,630 | +0.3% |
| Fixed assets | 21/28 | €2,191,190 | €2,237,622 | +€46,432 | +2.1% |
| Financial fixed assets | 28 | €2,191,190 | €2,237,622 | +€46,432 | +2.1% |
| Current assets | 29/58 | €727,339 | €690,537 | -€36,802 | -5.1% |
| Amounts receivable within one year | 40/41 | €10,115 | €9,077 | -€1,038 | -10.3% |
| Trade receivables | 40 | €9,075 | €9,075 | = | 0.0% |
| Other amounts receivable | 41 | €1,040 | €2 | -€1,038 | -99.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €690,791 | €654,332 | -€36,460 | -5.3% |
| Deferred charges and accrued income | 490/1 | €26,432 | €27,128 | +€696 | +2.6% |
| Total equity and liabilities | 10/49 | €2,918,528 | €2,928,159 | +€9,630 | +0.3% |
| Equity | 10/15 | €2,766,809 | €2,926,293 | +€159,484 | +5.8% |
| Contributions | 10/11 | €78,340 | €78,340 | = | 0.0% |
| Reserves | 13 | €2,687,705 | €2,846,980 | +€159,275 | +5.9% |
| Distributable reserves | 133 | €2,687,705 | €2,846,980 | +€159,275 | +5.9% |
| Profit (loss) carried forward | 14 | €764 | €973 | +€209 | +27.3% |
| Amounts payable | 17/49 | €151,720 | €1,866 | -€149,854 | -98.8% |
| Amounts payable within one year | 42/48 | €151,720 | €1,866 | -€149,854 | -98.8% |
| Trade debts | 44 | - | €26 | +€26 | |
| Suppliers | 440/4 | - | €26 | +€26 | |
| Taxes, remuneration and social security | 45 | €1,407 | €1,840 | +€433 | +30.8% |
| Taxes | 450/3 | €1,407 | €1,840 | +€433 | +30.8% |
| Other amounts payable | 47/48 | €150,313 | €0 | -€150,313 | -100% |
| Other operating charges | 640/8 | €1,086 | €1,173 | +€88 | +8.1% |
| Gross operating margin | 9900 | €26,721 | €23,730 | -€2,990 | -11.2% |
| Operating profit (loss) | 9901 | €25,635 | €22,557 | -€3,078 | -12.0% |
| Financial income | 75/76B | €340,577 | €407,128 | +€66,551 | +19.5% |
| Recurring financial income | 75 | €340,577 | €407,128 | +€66,551 | +19.5% |
| Financial charges | 65/66B | €332 | €479 | +€147 | +44.4% |
| Recurring financial charges | 65 | €332 | €479 | +€147 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €365,880 | €429,205 | +€63,325 | +17.3% |
| Income taxes | 67/77 | €48,243 | €50,297 | +€2,054 | +4.3% |
| Profit (loss) for the period | 9904 | €317,638 | €378,909 | +€61,271 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €317,638 | €378,909 | +€61,271 | +19.3% |
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 25 October 2026 via checked.be.