DALEMANS: 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.
DALEMANS
Largest movements
- Tangible fixed assets +€563,365
up €563,365 (+197.8%), from €284,868 to €848,233
of which Land and buildings: +€305,168
- Cash -€287,975
down €287,975 (-82.7%), from €348,228 to €60,253
mainly Investment in fixed assets (net) (-€599,503) and Trade debts (-€31,783)
- Receivables within one year -€73,787
down €73,787 (-30.5%), from €241,832 to €168,045
of which Other amounts receivable: -€86,168
- Stocks and contracts +€14,193
up €14,193 (+16.3%), from €87,087 to €101,280
- Debts after one year +€187,600
up €187,600 (+83.6%), from €224,308 to €411,908
- Other debts +€60,961
up €60,961 (+57.5%), from €105,936 to €166,896
- Trade debts -€31,783
down €31,783 (-29.9%), from €106,371 to €74,587
- Reserves -€22,317
down €22,317 (-4.4%), from €503,665 to €481,348
of which Distributable reserves: -€16,317
- Current portion of long-term debt +€19,005
up €19,005 (+219.2%), from €8,669 to €27,674
- Depreciation +€22,027
up €22,027 (+156.1%), from €14,111 to €36,138
- Staff costs +€15,184
new in 2025: €15,184
- Financial charges +€9,194
up €9,194 (+53.9%), from €17,066 to €26,260
- Taxes -€7,779
no longer reported in 2025 (was €7,779)
- Other operating charges +€6,709
up €6,709 (+341.0%), from €1,968 to €8,677
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 | €980,171 | €1,197,899 | +€217,728 | +22.2% |
| Fixed assets | 21/28 | €284,868 | €848,233 | +€563,365 | +197.8% |
| Tangible fixed assets | 22/27 | €284,868 | €848,233 | +€563,365 | +197.8% |
| Land and buildings | 22 | €278,508 | €583,676 | +€305,168 | +109.6% |
| Plant, machinery and equipment | 23 | €2,410 | €52,257 | +€49,847 | +2068.4% |
| Furniture and vehicles | 24 | €3,950 | €212,300 | +€208,350 | +5274.6% |
| Current assets | 29/58 | €695,303 | €349,666 | -€345,636 | -49.7% |
| Stocks and contracts in progress | 3 | €87,087 | €101,280 | +€14,193 | +16.3% |
| Stocks | 30/36 | €87,087 | €101,280 | +€14,193 | +16.3% |
| Amounts receivable within one year | 40/41 | €241,832 | €168,045 | -€73,787 | -30.5% |
| Trade receivables | 40 | €57,043 | €69,424 | +€12,381 | +21.7% |
| Other amounts receivable | 41 | €184,788 | €98,620 | -€86,168 | -46.6% |
| Current investments | 50/53 | €18,129 | €18,129 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €348,228 | €60,253 | -€287,975 | -82.7% |
| Deferred charges and accrued income | 490/1 | €28 | €1,960 | +€1,932 | +6953.1% |
| Total equity and liabilities | 10/49 | €980,171 | €1,197,899 | +€217,728 | +22.2% |
| Equity | 10/15 | €522,665 | €500,348 | -€22,317 | -4.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €503,665 | €481,348 | -€22,317 | -4.4% |
| Tax-exempt reserves | 132 | €6,063 | €63 | -€6,000 | -99.0% |
| Distributable reserves | 133 | €497,602 | €481,285 | -€16,317 | -3.3% |
| Amounts payable | 17/49 | €457,506 | €697,551 | +€240,045 | +52.5% |
| Amounts payable after more than one year | 17 | €224,308 | €411,908 | +€187,600 | +83.6% |
| Financial debts | 170/4 | €224,308 | €411,908 | +€187,600 | +83.6% |
| Amounts payable within one year | 42/48 | €228,745 | €279,327 | +€50,582 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €8,669 | €27,674 | +€19,005 | +219.2% |
| Trade debts | 44 | €106,371 | €74,587 | -€31,783 | -29.9% |
| Suppliers | 440/4 | €106,371 | €74,587 | -€31,783 | -29.9% |
| Taxes, remuneration and social security | 45 | €7,770 | €10,169 | +€2,399 | +30.9% |
| Taxes | 450/3 | €7,770 | €10,169 | +€2,399 | +30.9% |
| Other amounts payable | 47/48 | €105,936 | €166,896 | +€60,961 | +57.5% |
| Accrued charges and deferred income | 492/3 | €4,453 | €6,316 | +€1,864 | +41.9% |
| Remuneration, social security and pensions | 62 | - | €15,184 | +€15,184 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,111 | €36,138 | +€22,027 | +156.1% |
| Other operating charges | 640/8 | €1,968 | €8,677 | +€6,709 | +341.0% |
| Gross operating margin | 9900 | €63,329 | €63,647 | +€318 | +0.5% |
| Operating profit (loss) | 9901 | €47,251 | €3,648 | -€43,603 | -92.3% |
| Financial income | 75/76B | €332 | €295 | -€37 | -11.0% |
| Recurring financial income | 75 | €332 | €295 | -€37 | -11.0% |
| Financial charges | 65/66B | €17,066 | €26,260 | +€9,194 | +53.9% |
| Recurring financial charges | 65 | €17,066 | €26,260 | +€9,194 | +53.9% |
| Profit (loss) for the period before taxes | 9903 | €30,517 | -€22,317 | -€52,833 | |
| Income taxes | 67/77 | €7,779 | - | -€7,779 | |
| Profit (loss) for the period | 9904 | €22,738 | -€22,317 | -€45,054 | |
| Transfer from tax-exempt reserves | 789 | - | €6,000 | +€6,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,738 | -€16,317 | -€39,054 |
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 30 September 2026 via checked.be.