D.L.T.: 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.T.
Largest movements
- Receivables within one year -€17,519
down €17,519 (-67.5%), from €25,962 to €8,442
of which Trade receivables: -€15,324
- Receivables after one year +€4,658
up €4,658 (+6.5%), from €71,149 to €75,807
- Cash +€3,943
up €3,943 (+34.1%), from €11,565 to €15,508
mainly Receivables within one year (+€17,519) and Trade debts (+€3,018)
- Tangible fixed assets -€1,557
down €1,557 (-23.1%), from €6,739 to €5,182
of which Furniture and vehicles: -€964
- Profit (loss) carried forward -€9,696
down €9,696 (-10.1%), from €96,368 to €86,672
- Trade debts +€3,018
up €3,018 (+442.5%), from €682 to €3,700
- Provisions -€2,449
no longer reported in 2025 (was €2,449)
- Gross operating margin -€26,017
down €26,017 (-18.7%), from €139,114 to €113,097
- Other operating charges -€13,008
down €13,008 (-9.7%), from €133,939 to €120,932
- Staff costs +€5,196
up €5,196 (+131.0%), from €3,966 to €9,162
- Financial income +€3,960
up €3,960 (+98.3%), from €4,028 to €7,988
of which Non-recurring financial income: +€4,000
- Taxes -€1,857
down €1,857 (-250.7%), from -€741 to -€2,598
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 | €117,205 | €106,821 | -€10,384 | -8.9% |
| Fixed assets | 21/28 | €6,739 | €5,182 | -€1,557 | -23.1% |
| Tangible fixed assets | 22/27 | €6,739 | €5,182 | -€1,557 | -23.1% |
| Plant, machinery and equipment | 23 | €2,148 | €1,555 | -€594 | -27.6% |
| Furniture and vehicles | 24 | €4,591 | €3,627 | -€964 | -21.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €110,465 | €101,639 | -€8,827 | -8.0% |
| Amounts receivable after more than one year | 29 | €71,149 | €75,807 | +€4,658 | +6.5% |
| Other amounts receivable | 291 | €71,149 | €75,807 | +€4,658 | +6.5% |
| Amounts receivable within one year | 40/41 | €25,962 | €8,442 | -€17,519 | -67.5% |
| Trade receivables | 40 | €23,671 | €8,346 | -€15,324 | -64.7% |
| Other amounts receivable | 41 | €2,291 | €96 | -€2,195 | -95.8% |
| Cash at bank and in hand | 54/58 | €11,565 | €15,508 | +€3,943 | +34.1% |
| Deferred charges and accrued income | 490/1 | €1,790 | €1,882 | +€92 | +5.1% |
| Total equity and liabilities | 10/49 | €117,205 | €106,821 | -€10,384 | -8.9% |
| Equity | 10/15 | €110,118 | €100,422 | -€9,696 | -8.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €0 | €0 | = | |
| Issued capital | 100 | €0 | €0 | = | |
| Contributions outside capital | 11 | €12,500 | €12,500 | = | 0.0% |
| Share premium | 1100/10 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,250 | €1,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Legal reserve | 130 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,368 | €86,672 | -€9,696 | -10.1% |
| Provisions and deferred taxes | 16 | €2,449 | - | -€2,449 | |
| Provisions for liabilities and charges | 160/5 | €2,449 | - | -€2,449 | |
| Taxes | 161 | €2,449 | - | -€2,449 | |
| Amounts payable | 17/49 | €4,639 | €6,399 | +€1,760 | +37.9% |
| Amounts payable within one year | 42/48 | €3,210 | €6,088 | +€2,878 | +89.7% |
| Trade debts | 44 | €682 | €3,700 | +€3,018 | +442.5% |
| Suppliers | 440/4 | €682 | €3,700 | +€3,018 | +442.5% |
| Taxes, remuneration and social security | 45 | €2,528 | €2,388 | -€140 | -5.5% |
| Taxes | 450/3 | €1,613 | €1,370 | -€243 | -15.1% |
| Remuneration and social security | 454/9 | €915 | €1,019 | +€103 | +11.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,429 | €311 | -€1,118 | -78.2% |
| Remuneration, social security and pensions | 62 | €3,966 | €9,162 | +€5,196 | +131.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,180 | €2,224 | +€1,044 | +88.5% |
| Other operating charges | 640/8 | €133,939 | €120,932 | -€13,008 | -9.7% |
| Gross operating margin | 9900 | €139,114 | €113,097 | -€26,017 | -18.7% |
| Operating profit (loss) | 9901 | €29 | -€19,221 | -€19,249 | |
| Financial income | 75/76B | €4,028 | €7,988 | +€3,960 | +98.3% |
| Recurring financial income | 75 | €4,028 | €3,988 | -€40 | -1.0% |
| Non-recurring financial income | 76B | - | €4,000 | +€4,000 | |
| Financial charges | 65/66B | €725 | €1,061 | +€337 | +46.5% |
| Recurring financial charges | 65 | €725 | €1,061 | +€337 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €3,333 | -€12,294 | -€15,626 | |
| Income taxes | 67/77 | -€741 | -€2,598 | -€1,857 | -250.7% |
| Profit (loss) for the period | 9904 | €4,073 | -€9,696 | -€13,769 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,073 | -€9,696 | -€13,769 |
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 11 October 2026 via checked.be.