D.L. TRADING: 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. TRADING
Largest movements
- Cash +€19,743
up €19,743 (+1,283%), from €1,538 to €21,281
mainly Net result for the year (+€26,909) and Other debts (+€20,000)
- Receivables within one year +€3,602
up €3,602 (+1.1%), from €316,583 to €320,185
of which Other amounts receivable: +€21,539
- Other debts +€20,000
new in 2025: €20,000
- Trade debts +€17,564
up €17,564 (+83.0%), from €21,165 to €38,728
- Accrued charges and deferred income +€16,481
new in 2025: €16,481
- Reserves -€10,700
down €10,700 (-7.6%), from €141,679 to €130,979
of which Distributable reserves: -€10,700
- Short-term financial debts -€8,383
no longer reported in 2025 (was €8,383)
- Staff costs +€32,074
new in 2025: €32,074
- Taxes -€15,085
down €15,085 (-57.5%), from €26,250 to €11,166
- Other operating charges +€10,284
up €10,284 (+516%), from €1,993 to €12,277
- Financial income -€4,904
down €4,904 (-100.0%), from €4,905 to €1
- Gross operating margin -€2,809
down €2,809 (-3.1%), from €90,390 to €87,581
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 | €320,473 | €349,033 | +€28,560 | +8.9% |
| Fixed assets | 21/28 | €1,352 | €4,420 | +€3,069 | +227% |
| Tangible fixed assets | 22/27 | €1,352 | €4,420 | +€3,069 | +227% |
| Plant, machinery and equipment | 23 | €711 | €1,671 | +€960 | +135% |
| Furniture and vehicles | 24 | €641 | €2,749 | +€2,109 | +329% |
| Current assets | 29/58 | €319,122 | €344,613 | +€25,491 | +8.0% |
| Amounts receivable within one year | 40/41 | €316,583 | €320,185 | +€3,602 | +1.1% |
| Trade receivables | 40 | €79,437 | €61,500 | -€17,937 | -22.6% |
| Other amounts receivable | 41 | €237,146 | €258,685 | +€21,539 | +9.1% |
| Cash at bank and in hand | 54/58 | €1,538 | €21,281 | +€19,743 | +1,283% |
| Deferred charges and accrued income | 490/1 | €1,000 | €3,147 | +€2,147 | +215% |
| Total equity and liabilities | 10/49 | €320,473 | €349,033 | +€28,560 | +8.9% |
| Equity | 10/15 | €231,660 | €221,069 | -€10,591 | -4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €141,679 | €130,979 | -€10,700 | -7.6% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €139,200 | €128,500 | -€10,700 | -7.7% |
| Profit (loss) carried forward | 14 | €83,781 | €83,890 | +€109 | +0.1% |
| Amounts payable | 17/49 | €88,813 | €127,964 | +€39,151 | +44.1% |
| Amounts payable within one year | 42/48 | €88,813 | €111,483 | +€22,670 | +25.5% |
| Financial debts | 43 | €8,383 | - | -€8,383 | |
| Credit institutions | 430/8 | €8,383 | - | -€8,383 | |
| Trade debts | 44 | €21,165 | €38,728 | +€17,564 | +83.0% |
| Suppliers | 440/4 | €21,165 | €38,728 | +€17,564 | +83.0% |
| Taxes, remuneration and social security | 45 | €59,265 | €52,755 | -€6,511 | -11.0% |
| Taxes | 450/3 | €59,265 | €42,103 | -€17,162 | -29.0% |
| Remuneration and social security | 454/9 | - | €10,651 | +€10,651 | |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Accrued charges and deferred income | 492/3 | - | €16,481 | +€16,481 | |
| Remuneration, social security and pensions | 62 | - | €32,074 | +€32,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,179 | €1,092 | -€88 | -7.4% |
| Other operating charges | 640/8 | €1,993 | €12,277 | +€10,284 | +516% |
| Gross operating margin | 9900 | €90,390 | €87,581 | -€2,809 | -3.1% |
| Operating profit (loss) | 9901 | €87,217 | €42,138 | -€45,079 | -51.7% |
| Financial income | 75/76B | €4,905 | €1 | -€4,904 | -100.0% |
| Recurring financial income | 75 | €4,905 | €1 | -€4,904 | -100.0% |
| Financial charges | 65/66B | €3,127 | €4,065 | +€937 | +30.0% |
| Recurring financial charges | 65 | €3,127 | €4,065 | +€937 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | €88,995 | €38,074 | -€50,920 | -57.2% |
| Income taxes | 67/77 | €26,250 | €11,166 | -€15,085 | -57.5% |
| Profit (loss) for the period | 9904 | €62,744 | €26,909 | -€35,836 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,744 | €26,909 | -€35,836 | -57.1% |
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 24 October 2026 via checked.be.