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DAL TECH: 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.

What changed

DAL TECH

BE 0684.864.837
NACE 42.110, Construction of roads and motorways
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€64,328
2024 · €85,933-€21,606
Equity
€308,297
2024 · €297,969+€10,328
Cash
€86,534
2024 · €141,541-€55,008
Balance sheet total
€463,622
2024 · €359,084+€104,537

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€109,397

    up €109,397 (+55.2%), from €198,199 to €307,596

    of which Other amounts receivable: +€81,496

  • Cash -€55,008

    down €55,008 (-38.9%), from €141,541 to €86,534

    mainly Receivables within one year (-€109,397) and Contributions, distributions and other (-€54,000)

  • Tangible fixed assets +€41,328

    up €41,328 (+263.0%), from €15,715 to €57,043

    of which Furniture and vehicles: +€40,200

  • Deferred charges and accrued income +€8,309

    up €8,309 (+228.9%), from €3,630 to €11,939

Equity and liabilities
  • Other debts +€54,000

    new in 2025: €54,000

  • Debts after one year +€28,319

    new in 2025: €28,319

  • Trade debts +€9,561

    up €9,561 (+66.4%), from €14,396 to €23,957

  • Current portion of long-term debt +€8,536

    new in 2025: €8,536

  • Reserves +€6,000

    up €6,000 (+2.8%), from €215,855 to €221,855

Income statement
  • Gross operating margin -€19,039

    down €19,039 (-4.5%), from €422,347 to €403,308

  • Depreciation +€6,227

    up €6,227 (+108.8%), from €5,722 to €11,949

  • Taxes -€5,899

    down €5,899 (-16.7%), from €35,334 to €29,436

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €85,933
Gross operating margin -€19,039
Staff costs -€2,104
Depreciation -€6,227
Other operating charges -€2,000
Financial income +€3,980
Financial charges -€2,114
Taxes +€5,899
Result 2025 €64,328

Cash bridge derived

cash 2024 to 2025

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.

From operations +€16,243
Investment -€53,787
Financing -€17,463
Cash 2024 €141,541
Net result for the year +€64,328
Depreciation +€11,949
Receivables within one year -€109,397
Deferred charges and accrued income -€8,309
Trade debts +€9,561
Tax, wage and social debts -€5,884
Other debts +€54,000
Accrued charges and deferred income -€4
Investment in fixed assets (net) -€53,787
Debts after one year +€28,319
Current portion of long-term debt +€8,536
Short-term financial debts -€318
Contributions, distributions and other -€54,000
Cash 2025 €86,534
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €359,084 €463,622 +€104,537 +29.1%
Fixed assets 21/28 €15,715 €57,553 +€41,838 +266.2%
Tangible fixed assets 22/27 €15,715 €57,043 +€41,328 +263.0%
Plant, machinery and equipment 23 €9,282 €9,139 -€143 -1.5%
Furniture and vehicles 24 €5,014 €45,214 +€40,200 +801.7%
Other tangible fixed assets 26 €1,418 €2,689 +€1,271 +89.6%
Financial fixed assets 28 - €510 +€510
Current assets 29/58 €343,370 €406,069 +€62,699 +18.3%
Amounts receivable within one year 40/41 €198,199 €307,596 +€109,397 +55.2%
Trade receivables 40 €125,643 €153,544 +€27,901 +22.2%
Other amounts receivable 41 €72,556 €154,053 +€81,496 +112.3%
Cash at bank and in hand 54/58 €141,541 €86,534 -€55,008 -38.9%
Deferred charges and accrued income 490/1 €3,630 €11,939 +€8,309 +228.9%
Total equity and liabilities 10/49 €359,084 €463,622 +€104,537 +29.1%
Equity 10/15 €297,969 €308,297 +€10,328 +3.5%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €215,855 €221,855 +€6,000 +2.8%
Distributable reserves 133 €215,855 €221,855 +€6,000 +2.8%
Profit (loss) carried forward 14 €69,714 €74,042 +€4,328 +6.2%
Amounts payable 17/49 €61,115 €155,325 +€94,210 +154.2%
Amounts payable after more than one year 17 - €28,319 +€28,319
Financial debts 170/4 - €28,319 +€28,319
Amounts payable within one year 42/48 €61,111 €127,006 +€65,894 +107.8%
Current portion of amounts payable after more than one year 42 - €8,536 +€8,536
Financial debts 43 €11,109 €10,791 -€318 -2.9%
Other loans 439 €11,109 €10,791 -€318 -2.9%
Trade debts 44 €14,396 €23,957 +€9,561 +66.4%
Suppliers 440/4 €14,396 €23,957 +€9,561 +66.4%
Taxes, remuneration and social security 45 €35,606 €29,722 -€5,884 -16.5%
Taxes 450/3 €22,350 €16,400 -€5,950 -26.6%
Remuneration and social security 454/9 €13,256 €13,322 +€66 +0.5%
Other amounts payable 47/48 - €54,000 +€54,000
Accrued charges and deferred income 492/3 €4 - -€4
Remuneration, social security and pensions 62 €290,943 €293,047 +€2,104 +0.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,722 €11,949 +€6,227 +108.8%
Other operating charges 640/8 €1,984 €3,984 +€2,000 +100.8%
Gross operating margin 9900 €422,347 €403,308 -€19,039 -4.5%
Operating profit (loss) 9901 €123,698 €94,328 -€29,370 -23.7%
Financial income 75/76B €1,998 €5,979 +€3,980 +199.2%
Recurring financial income 75 €1,998 €5,979 +€3,980 +199.2%
Financial charges 65/66B €4,429 €6,543 +€2,114 +47.7%
Recurring financial charges 65 €4,429 €6,543 +€2,114 +47.7%
Profit (loss) for the period before taxes 9903 €121,268 €93,763 -€27,505 -22.7%
Income taxes 67/77 €35,334 €29,436 -€5,899 -16.7%
Profit (loss) for the period 9904 €85,933 €64,328 -€21,606 -25.1%
Profit (loss) for the period to be appropriated 9905 €85,933 €64,328 -€21,606 -25.1%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.