D.L.D.B.: what changed
What changed
D.L.D.B.
NACE 25.120, Manufacture of fabricated metal products, except machinery and equipment
filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €1.8m-€91,424
Equity
€5.7m
2024 · €4.1m+€1.7m
Cash
€2.5m
2024 · €2.2m+€371,830
Balance sheet total
€7.5m
2024 · €7.4m+€71,671
Largest movements
Assets
- Current investments -€500,000
no longer reported in 2025 (was €500,000)
- Cash +€371,830
up €371,830 (+17.3%), from €2.2m to €2.5m
mainly Net result for the year (+€1.7m) and Current investments (+€500,000)
- Tangible fixed assets -€345,689
down €345,689 (-15.5%), from €2.2m to €1.9m
of which Leasing and similar rights: -€259,928
- Receivables within one year +€320,885
up €320,885 (+23.6%), from €1.4m to €1.7m
of which Trade receivables: +€338,689
- Stocks and contracts +€222,366
up €222,366 (+18.8%), from €1.2m to €1.4m
Equity and liabilities
- Reserves +€1.7m
up €1.7m (+49.2%), from €3.4m to €5.0m
of which Distributable reserves: +€1.7m
- Other debts -€1.2m
no longer reported in 2025 (was €1.2m)
- Debts after one year -€260,271
down €260,271 (-70.6%), from €368,760 to €108,489
Income statement
- Turnover +€1.7m
up €1.7m (+10.2%), from €16.8m to €18.5m
- Goods and materials +€1.1m
up €1.1m (+13.3%), from €8.3m to €9.4m
of which Purchases: +€1.1m
- Services and other goods +€567,136
up €567,136 (+19.1%), from €3.0m to €3.5m
- Write-downs -€563,743
down €563,743, from €13,417 to -€550,326
- Staff costs +€382,345
up €382,345 (+13.5%), from €2.8m to €3.2m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.8m
Turnover
+€1.7m
Other operating income
+€47,201
Goods and materials
-€1.1m
Services and other goods
-€567,136
Staff costs
-€382,345
Depreciation
+€36,129
Write-downs
+€563,743
Provisions
-€1,254
Other operating charges
-€298,556
Other operating items
-€119,449
Financial income
-€13,604
Financial charges
-€14,253
Taxes
+€48,374
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€239,830
Investment
+€406,897
Financing
-€274,898
Cash 2024
€2.2m
From operations (derived)
+€239,830
Net result for the year
+€1.7m
Depreciation
+€438,792
Stocks and contracts
-€222,366
Receivables within one year
-€320,885
Deferred charges and accrued income
-€2,279
Provisions
-€8,000
Trade debts
-€5,737
Tax, wage and social debts
-€62,538
Advances received
-€22,241
Other debts
-€1.2m
Accrued charges and deferred income
+€18,194
Investment (derived)
+€406,897
Investment in fixed assets (net)
-€93,103
Current investments
+€500,000
Financing
-€274,898
Debts after one year
-€260,271
Current portion of long-term debt
-€14,627
Cash 2025
€2.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,440,207 | €7,511,878 | +€71,671 | +1.0% |
| Fixed assets | 21/28 | €2,228,072 | €1,882,383 | -€345,689 | -15.5% |
| Tangible fixed assets | 22/27 | €2,225,874 | €1,880,185 | -€345,689 | -15.5% |
| Plant, machinery and equipment | 23 | €188,807 | €158,782 | -€30,025 | -15.9% |
| Furniture and vehicles | 24 | €36,647 | €26,500 | -€10,147 | -27.7% |
| Leasing and similar rights | 25 | €637,112 | €377,184 | -€259,928 | -40.8% |
| Other tangible fixed assets | 26 | €1,168,239 | €1,254,999 | +€86,760 | +7.4% |
| Assets under construction and advance payments | 27 | €195,070 | €62,720 | -€132,350 | -67.8% |
| Financial fixed assets | 28 | €2,198 | €2,198 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,198 | €2,198 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,198 | €2,198 | = | 0.0% |
| Current assets | 29/58 | €5,212,134 | €5,629,495 | +€417,360 | +8.0% |
| Stocks and contracts in progress | 3 | €1,182,299 | €1,404,666 | +€222,366 | +18.8% |
| Stocks | 30/36 | €1,182,299 | €1,404,666 | +€222,366 | +18.8% |
| Raw materials and consumables | 30/31 | €508,384 | €573,153 | +€64,769 | +12.7% |
| Work in progress | 32 | €583,062 | €476,603 | -€106,459 | -18.3% |
| Finished goods | 33 | €90,853 | €354,910 | +€264,057 | +291% |
| Amounts receivable within one year | 40/41 | €1,357,847 | €1,678,732 | +€320,885 | +23.6% |
| Trade receivables | 40 | €981,314 | €1,320,003 | +€338,689 | +34.5% |
| Other amounts receivable | 41 | €376,532 | €358,729 | -€17,804 | -4.7% |
| Current investments | 50/53 | €500,000 | - | -€500,000 | |
| Other investments | 51/53 | €500,000 | - | -€500,000 | |
| Cash at bank and in hand | 54/58 | €2,152,647 | €2,524,477 | +€371,830 | +17.3% |
| Deferred charges and accrued income | 490/1 | €19,341 | €21,620 | +€2,279 | +11.8% |
| Total equity and liabilities | 10/49 | €7,440,207 | €7,511,878 | +€71,671 | +1.0% |
| Equity | 10/15 | €4,084,532 | €5,743,423 | +€1.7m | +40.6% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Capital | 10 | €700,000 | €700,000 | = | 0.0% |
| Issued capital | 100 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €3,375,000 | €5,033,891 | +€1.7m | +49.2% |
| Non-distributable reserves | 130/1 | €70,000 | €70,000 | = | 0.0% |
| Legal reserve | 130 | €70,000 | €70,000 | = | 0.0% |
| Distributable reserves | 133 | €3,305,000 | €4,963,891 | +€1.7m | +50.2% |
| Profit (loss) carried forward | 14 | €9,532 | €9,532 | = | 0.0% |
| Provisions and deferred taxes | 16 | €166,746 | €158,746 | -€8,000 | -4.8% |
| Provisions for liabilities and charges | 160/5 | €166,746 | €158,746 | -€8,000 | -4.8% |
| Other liabilities and charges | 164/5 | €166,746 | €158,746 | -€8,000 | -4.8% |
| Amounts payable | 17/49 | €3,188,928 | €1,609,709 | -€1.6m | -49.5% |
| Amounts payable after more than one year | 17 | €368,760 | €108,489 | -€260,271 | -70.6% |
| Financial debts | 170/4 | €368,760 | €108,489 | -€260,271 | -70.6% |
| Leasing and similar obligations | 172 | €368,760 | €108,489 | -€260,271 | -70.6% |
| Amounts payable within one year | 42/48 | €2,805,168 | €1,468,026 | -€1.3m | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €274,898 | €260,271 | -€14,627 | -5.3% |
| Trade debts | 44 | €370,116 | €364,380 | -€5,737 | -1.5% |
| Suppliers | 440/4 | €370,116 | €364,380 | -€5,737 | -1.5% |
| Advances received on contracts in progress | 46 | €369,048 | €346,806 | -€22,241 | -6.0% |
| Taxes, remuneration and social security | 45 | €559,106 | €496,568 | -€62,538 | -11.2% |
| Taxes | 450/3 | €171,584 | €118,380 | -€53,204 | -31.0% |
| Remuneration and social security | 454/9 | €387,522 | €378,188 | -€9,334 | -2.4% |
| Other amounts payable | 47/48 | €1,232,000 | - | -€1.2m | |
| Accrued charges and deferred income | 492/3 | €15,000 | €33,194 | +€18,194 | +121% |
| Operating income | 70/76A | €17,130,944 | €18,775,711 | +€1.6m | +9.6% |
| Turnover | 70 | €16,794,650 | €18,514,243 | +€1.7m | +10.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €285,625 | €157,598 | -€128,027 | -44.8% |
| Other operating income | 74 | €50,669 | €97,870 | +€47,201 | +93.2% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Operating charges | 60/66A | €14,703,867 | €16,460,575 | +€1.8m | +11.9% |
| Goods for resale, raw materials and consumables | 60 | €8,330,915 | €9,440,781 | +€1.1m | +13.3% |
| Purchases | 600/8 | €8,416,980 | €9,517,417 | +€1.1m | +13.1% |
| Change in stocks: decrease (increase) | 609 | -€86,064 | -€76,636 | +€9,429 | +11.0% |
| Services and other goods | 61 | €2,970,173 | €3,537,309 | +€567,136 | +19.1% |
| Remuneration, social security and pensions | 62 | €2,837,488 | €3,219,833 | +€382,345 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €474,921 | €438,792 | -€36,129 | -7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,417 | -€550,326 | -€563,743 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€9,254 | -€8,000 | +€1,254 | +13.5% |
| Other operating charges | 640/8 | €82,331 | €380,887 | +€298,556 | +363% |
| Non-recurring operating charges | 66A | €3,876 | €1,298 | -€2,578 | -66.5% |
| Operating profit (loss) | 9901 | €2,427,077 | €2,315,136 | -€111,941 | -4.6% |
| Financial income | 75/76B | €213,577 | €199,972 | -€13,604 | -6.4% |
| Recurring financial income | 75 | €213,577 | €199,972 | -€13,604 | -6.4% |
| Income from current assets | 751 | €42,865 | €6,307 | -€36,558 | -85.3% |
| Other financial income | 752/9 | €170,711 | €193,665 | +€22,954 | +13.4% |
| Financial charges | 65/66B | €279,107 | €293,361 | +€14,253 | +5.1% |
| Recurring financial charges | 65 | €279,107 | €293,361 | +€14,253 | +5.1% |
| Debt charges | 650 | €19,486 | €20,488 | +€1,002 | +5.1% |
| Other financial charges | 652/9 | €259,621 | €272,872 | +€13,251 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €2,361,546 | €2,221,748 | -€139,798 | -5.9% |
| Income taxes | 67/77 | €611,231 | €562,858 | -€48,374 | -7.9% |
| Taxes | 670/3 | €611,231 | €562,858 | -€48,374 | -7.9% |
| Profit (loss) for the period | 9904 | €1,750,315 | €1,658,891 | -€91,424 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,750,315 | €1,658,891 | -€91,424 | -5.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.