D & L ENTERPRISES: 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 ENTERPRISES
Largest movements
- Tangible fixed assets -€184,688
down €184,688 (-6.9%), from €2.7m to €2.5m
- Receivables within one year -€36,267
down €36,267 (-63.6%), from €57,042 to €20,775
of which Other amounts receivable: -€43,240
- Debts after one year -€197,357
down €197,357 (-7.9%), from €2.5m to €2.3m
- Trade debts -€77,100
down €77,100 (-97.1%), from €79,407 to €2,307
- Other debts +€30,000
new in 2025: €30,000
- Gross operating margin +€9,063
up €9,063 (+3.9%), from €232,996 to €242,059
- Financial charges -€2,768
down €2,768 (-6.8%), from €40,968 to €38,200
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 | €2,736,295 | €2,515,190 | -€221,105 | -8.1% |
| Fixed assets | 21/28 | €2,677,095 | €2,492,406 | -€184,688 | -6.9% |
| Tangible fixed assets | 22/27 | €2,677,095 | €2,492,406 | -€184,688 | -6.9% |
| Land and buildings | 22 | €2,677,095 | €2,492,406 | -€184,688 | -6.9% |
| Current assets | 29/58 | €59,201 | €22,783 | -€36,417 | -61.5% |
| Amounts receivable within one year | 40/41 | €57,042 | €20,775 | -€36,267 | -63.6% |
| Trade receivables | 40 | - | €6,973 | +€6,973 | |
| Other amounts receivable | 41 | €57,042 | €13,802 | -€43,240 | -75.8% |
| Cash at bank and in hand | 54/58 | €2,159 | €2,008 | -€150 | -7.0% |
| Total equity and liabilities | 10/49 | €2,736,295 | €2,515,190 | -€221,105 | -8.1% |
| Equity | 10/15 | -€37,772 | -€18,601 | +€19,171 | +50.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,972 | -€24,801 | +€19,171 | +43.6% |
| Amounts payable | 17/49 | €2,774,067 | €2,533,790 | -€240,276 | -8.7% |
| Amounts payable after more than one year | 17 | €2,500,189 | €2,302,832 | -€197,357 | -7.9% |
| Financial debts | 170/4 | €2,500,189 | €2,302,832 | -€197,357 | -7.9% |
| Amounts payable within one year | 42/48 | €273,877 | €229,664 | -€44,214 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €194,471 | €197,357 | +€2,886 | +1.5% |
| Trade debts | 44 | €79,407 | €2,307 | -€77,100 | -97.1% |
| Suppliers | 440/4 | €79,407 | €2,307 | -€77,100 | -97.1% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Accrued charges and deferred income | 492/3 | - | €1,294 | +€1,294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,688 | €184,688 | = | 0.0% |
| Gross operating margin | 9900 | €232,996 | €242,059 | +€9,063 | +3.9% |
| Operating profit (loss) | 9901 | €48,308 | €57,371 | +€9,063 | +18.8% |
| Financial charges | 65/66B | €40,968 | €38,200 | -€2,768 | -6.8% |
| Recurring financial charges | 65 | €40,968 | €38,200 | -€2,768 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €7,340 | €19,171 | +€11,831 | +161% |
| Profit (loss) for the period | 9904 | €7,340 | €19,171 | +€11,831 | +161% |
| Profit (loss) for the period to be appropriated | 9905 | €7,340 | €19,171 | +€11,831 | +161% |
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 15 October 2026 via checked.be.