D & L EVENTS: 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 EVENTS
Largest movements
- Tangible fixed assets -€32,631
down €32,631 (-13.3%), from €244,712 to €212,081
of which Land and buildings: -€18,971
- Cash +€26,636
up €26,636 (+32.0%), from €83,354 to €109,990
mainly Depreciation (+€32,631) and Net result for the year (+€10,608)
- Tax, wage and social debts -€12,895
down €12,895 (-80.9%), from €15,941 to €3,046
- Reserves +€10,608
up €10,608 (+8.5%), from €124,491 to €135,099
of which Distributable reserves: +€10,608
- Gross operating margin -€96,745
down €96,745 (-66.5%), from €145,519 to €48,774
- Taxes -€29,325
down €29,325 (-84.7%), from €34,615 to €5,290
- Depreciation -€2,132
down €2,132 (-6.1%), from €34,763 to €32,631
- Financial income +€2,001
up €2,001 (+25,013%), from €8 to €2,009
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 | €333,785 | €327,321 | -€6,464 | -1.9% |
| Fixed assets | 21/28 | €244,712 | €212,081 | -€32,631 | -13.3% |
| Tangible fixed assets | 22/27 | €244,712 | €212,081 | -€32,631 | -13.3% |
| Land and buildings | 22 | €210,329 | €191,358 | -€18,971 | -9.0% |
| Plant, machinery and equipment | 23 | €7,710 | €4,831 | -€2,879 | -37.3% |
| Furniture and vehicles | 24 | €26,673 | €15,892 | -€10,781 | -40.4% |
| Current assets | 29/58 | €89,073 | €115,240 | +€26,167 | +29.4% |
| Amounts receivable within one year | 40/41 | €5,469 | €5,000 | -€469 | -8.6% |
| Trade receivables | 40 | €5,469 | - | -€5,469 | |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €83,354 | €109,990 | +€26,636 | +32.0% |
| Total equity and liabilities | 10/49 | €333,785 | €327,321 | -€6,464 | -1.9% |
| Equity | 10/15 | €174,491 | €185,099 | +€10,608 | +6.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €124,491 | €135,099 | +€10,608 | +8.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €122,636 | €133,244 | +€10,608 | +8.6% |
| Amounts payable | 17/49 | €159,294 | €142,222 | -€17,072 | -10.7% |
| Amounts payable within one year | 42/48 | €159,294 | €142,222 | -€17,072 | -10.7% |
| Trade debts | 44 | €1,730 | - | -€1,730 | |
| Suppliers | 440/4 | €1,730 | - | -€1,730 | |
| Taxes, remuneration and social security | 45 | €15,941 | €3,046 | -€12,895 | -80.9% |
| Taxes | 450/3 | €15,941 | €3,046 | -€12,895 | -80.9% |
| Other amounts payable | 47/48 | €141,623 | €139,176 | -€2,447 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,763 | €32,631 | -€2,132 | -6.1% |
| Other operating charges | 640/8 | €2,395 | €2,209 | -€186 | -7.8% |
| Non-recurring operating charges | 66A | €87 | - | -€87 | |
| Gross operating margin | 9900 | €145,519 | €48,774 | -€96,745 | -66.5% |
| Operating profit (loss) | 9901 | €108,274 | €13,934 | -€94,340 | -87.1% |
| Financial income | 75/76B | €8 | €2,009 | +€2,001 | +25,013% |
| Recurring financial income | 75 | €8 | €2,009 | +€2,001 | +25,013% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €108,237 | €15,898 | -€92,339 | -85.3% |
| Income taxes | 67/77 | €34,615 | €5,290 | -€29,325 | -84.7% |
| Profit (loss) for the period | 9904 | €73,622 | €10,608 | -€63,014 | -85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,622 | €10,608 | -€63,014 | -85.6% |
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 28 October 2026 via checked.be.