D&L Impact: 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 Impact
Largest movements
- Tangible fixed assets +€6,394
up €6,394 (+65.8%), from €9,716 to €16,110
of which Furniture and vehicles: +€4,139
- Deferred charges and accrued income +€6,381
up €6,381 (+8698.9%), from €73 to €6,454
- Receivables within one year +€2,509
up €2,509 (+100.4%), from €2,500 to €5,008
- Cash -€1,594
down €1,594 (-10.6%), from €14,983 to €13,389
mainly Investment in fixed assets (net) (-€11,683) and Deferred charges and accrued income (-€6,381)
- Trade debts +€9,867
up €9,867 (+860.0%), from €1,147 to €11,014
- Profit (loss) carried forward +€4,010
new in 2025: €4,010
- Debts after one year -€2,000
down €2,000 (-29.8%), from €6,715 to €4,715
- Tax, wage and social debts +€1,716
up €1,716 (+44.4%), from €3,869 to €5,585
- Gross operating margin -€7,629
down €7,629 (-32.1%), from €23,748 to €16,119
- Depreciation +€1,350
up €1,350 (+34.3%), from €3,939 to €5,289
- Taxes -€480
down €480 (-12.5%), from €3,850 to €3,370
- Other operating charges -€311
down €311 (-12.8%), from €2,418 to €2,107
- Financial charges +€259
up €259 (+23.3%), from €1,112 to €1,371
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 | €27,272 | €40,961 | +€13,689 | +50.2% |
| Fixed assets | 21/28 | €9,716 | €16,110 | +€6,394 | +65.8% |
| Tangible fixed assets | 22/27 | €9,716 | €16,110 | +€6,394 | +65.8% |
| Plant, machinery and equipment | 23 | €6,878 | €10,300 | +€3,422 | +49.8% |
| Furniture and vehicles | 24 | €581 | €4,720 | +€4,139 | +712.0% |
| Other tangible fixed assets | 26 | €2,257 | €1,090 | -€1,167 | -51.7% |
| Current assets | 29/58 | €17,556 | €24,851 | +€7,295 | +41.6% |
| Amounts receivable within one year | 40/41 | €2,500 | €5,008 | +€2,509 | +100.4% |
| Other amounts receivable | 41 | €2,500 | €5,008 | +€2,509 | +100.4% |
| Cash at bank and in hand | 54/58 | €14,983 | €13,389 | -€1,594 | -10.6% |
| Deferred charges and accrued income | 490/1 | €73 | €6,454 | +€6,381 | +8698.9% |
| Total equity and liabilities | 10/49 | €27,272 | €40,961 | +€13,689 | +50.2% |
| Equity | 10/15 | €13,637 | €17,647 | +€4,010 | +29.4% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €12,437 | €12,437 | +€0 | 0.0% |
| Distributable reserves | 133 | €12,437 | €12,437 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,010 | +€4,010 | |
| Amounts payable | 17/49 | €13,635 | €23,314 | +€9,679 | +71.0% |
| Amounts payable after more than one year | 17 | €6,715 | €4,715 | -€2,000 | -29.8% |
| Financial debts | 170/4 | €6,715 | €4,715 | -€2,000 | -29.8% |
| Amounts payable within one year | 42/48 | €6,920 | €18,599 | +€11,679 | +168.8% |
| Current portion of amounts payable after more than one year | 42 | €1,904 | €2,000 | +€96 | +5.0% |
| Trade debts | 44 | €1,147 | €11,014 | +€9,867 | +860.0% |
| Suppliers | 440/4 | €1,147 | €11,014 | +€9,867 | +860.0% |
| Taxes, remuneration and social security | 45 | €3,869 | €5,585 | +€1,716 | +44.4% |
| Taxes | 450/3 | €3,869 | €5,585 | +€1,716 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,939 | €5,289 | +€1,350 | +34.3% |
| Other operating charges | 640/8 | €2,418 | €2,107 | -€311 | -12.8% |
| Gross operating margin | 9900 | €23,748 | €16,119 | -€7,629 | -32.1% |
| Operating profit (loss) | 9901 | €17,391 | €8,723 | -€8,668 | -49.8% |
| Financial income | 75/76B | €7 | €28 | +€21 | +278.4% |
| Recurring financial income | 75 | €7 | €28 | +€21 | +278.4% |
| Financial charges | 65/66B | €1,112 | €1,371 | +€259 | +23.3% |
| Recurring financial charges | 65 | €1,112 | €1,371 | +€259 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €16,287 | €7,380 | -€8,907 | -54.7% |
| Income taxes | 67/77 | €3,850 | €3,370 | -€480 | -12.5% |
| Profit (loss) for the period | 9904 | €12,437 | €4,010 | -€8,427 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,437 | €4,010 | -€8,427 | -67.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.