D-LIGEX: what changed
Two fiscal 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-LIGEX
Largest movements
- Cash +€83,122
up €83,122 (+579.8%), from €14,337 to €97,459
mainly Net result for the year (+€305,728) and Other debts (+€87,953)
- Receivables within one year +€18,301
new in 2025: €18,301
- Tangible fixed assets -€15,626
down €15,626 (-21.9%), from €71,480 to €55,854
- Other debts +€87,953
up €87,953 (+39.1%), from €225,038 to €312,991
- Debts after one year -€39,133
down €39,133 (-18.4%), from €212,156 to €173,022
- Tax, wage and social debts +€31,038
up €31,038 (+633.8%), from €4,897 to €35,935
- Turnover +€312,875
up €312,875 (+171.1%), from €182,815 to €495,690
- Gross operating margin +€303,758
up €303,758 (+229.2%), from €132,515 to €436,273
- Financial income -€100,003
no longer reported in 2025 (was €100,003)
of which Non-recurring financial income: -€100,000
- Taxes +€73,207
up €73,207 (+233.4%), from €31,367 to €104,574
- Purchases and services +€12,150
up €12,150 (+23.7%), from €51,207 to €63,356
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 | €800,818 | €886,614 | +€85,797 | +10.7% |
| Fixed assets | 21/28 | €786,480 | €770,854 | -€15,626 | -2.0% |
| Tangible fixed assets | 22/27 | €71,480 | €55,854 | -€15,626 | -21.9% |
| Furniture and vehicles | 24 | €71,480 | €55,854 | -€15,626 | -21.9% |
| Financial fixed assets | 28 | €715,000 | €715,000 | = | 0.0% |
| Current assets | 29/58 | €14,337 | €115,760 | +€101,423 | +707.4% |
| Amounts receivable within one year | 40/41 | - | €18,301 | +€18,301 | |
| Trade receivables | 40 | - | €18,301 | +€18,301 | |
| Cash at bank and in hand | 54/58 | €14,337 | €97,459 | +€83,122 | +579.8% |
| Total equity and liabilities | 10/49 | €800,818 | €886,614 | +€85,797 | +10.7% |
| Equity | 10/15 | €316,505 | €322,233 | +€5,728 | +1.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | - | -€2,500 | |
| Issued capital | 100 | €2,500 | - | -€2,500 | |
| Reserves | 13 | €314,005 | €319,733 | +€5,728 | +1.8% |
| Distributable reserves | 133 | €314,005 | €319,733 | +€5,728 | +1.8% |
| Amounts payable | 17/49 | €484,312 | €564,381 | +€80,069 | +16.5% |
| Amounts payable after more than one year | 17 | €212,156 | €173,022 | -€39,133 | -18.4% |
| Financial debts | 170/4 | €212,156 | €173,022 | -€39,133 | -18.4% |
| Amounts payable within one year | 42/48 | €268,857 | €388,059 | +€119,202 | +44.3% |
| Current portion of amounts payable after more than one year | 42 | €37,712 | €39,133 | +€1,422 | +3.8% |
| Advances received on contracts in progress | 46 | €1,210 | - | -€1,210 | |
| Taxes, remuneration and social security | 45 | €4,897 | €35,935 | +€31,038 | +633.8% |
| Taxes | 450/3 | €4,897 | €35,935 | +€31,038 | +633.8% |
| Other amounts payable | 47/48 | €225,038 | €312,991 | +€87,953 | +39.1% |
| Accrued charges and deferred income | 492/3 | €3,300 | €3,300 | = | 0.0% |
| Turnover | 70 | €182,815 | €495,690 | +€312,875 | +171.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,207 | €63,356 | +€12,150 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,958 | €15,626 | +€11,668 | +294.8% |
| Other operating charges | 640/8 | €1,313 | €940 | -€373 | -28.4% |
| Gross operating margin | 9900 | €132,515 | €436,273 | +€303,758 | +229.2% |
| Operating profit (loss) | 9901 | €127,244 | €419,707 | +€292,463 | +229.8% |
| Financial income | 75/76B | €100,003 | - | -€100,003 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Non-recurring financial income | 76B | €100,000 | - | -€100,000 | |
| Financial charges | 65/66B | €6,497 | €9,405 | +€2,909 | +44.8% |
| Recurring financial charges | 65 | €6,497 | €9,405 | +€2,909 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €220,750 | €410,302 | +€189,552 | +85.9% |
| Income taxes | 67/77 | €31,367 | €104,574 | +€73,207 | +233.4% |
| Profit (loss) for the period | 9904 | €189,382 | €305,728 | +€116,345 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €189,382 | €305,728 | +€116,345 | +61.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.