DALEX & C°: 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.
DALEX & C°
Largest movements
- Tangible fixed assets -€16,789
down €16,789 (-63.7%), from €26,352 to €9,563
- Receivables within one year -€15,826
down €15,826 (-25.4%), from €62,221 to €46,395
of which Other amounts receivable: -€10,656
- Cash +€7,709
up €7,709 (+144%), from €5,366 to €13,075
mainly Other debts (+€33,228) and Depreciation (+€16,789)
- Profit (loss) carried forward -€47,026
down €47,026, from €26,561 to -€20,465
- Other debts +€33,228
new in 2025: €33,228
- Current portion of long-term debt -€7,658
no longer reported in 2025 (was €7,658)
- Trade debts -€4,213
down €4,213 (-9.9%), from €42,750 to €38,536
- Taxes -€27,959
no longer reported in 2025 (was €27,959)
- Gross operating margin -€20,649
down €20,649 (-259%), from -€7,964 to -€28,612
- Financial charges -€1,413
down €1,413, from €769 to -€644
- Staff costs +€975
new in 2025: €975
- Other operating charges +€345
up €345 (+36.3%), from €949 to €1,294
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 | €95,570 | €70,664 | -€24,906 | -26.1% |
| Fixed assets | 21/28 | €26,462 | €9,673 | -€16,789 | -63.4% |
| Tangible fixed assets | 22/27 | €26,352 | €9,563 | -€16,789 | -63.7% |
| Furniture and vehicles | 24 | €26,352 | €9,563 | -€16,789 | -63.7% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €69,108 | €60,991 | -€8,117 | -11.7% |
| Amounts receivable within one year | 40/41 | €62,221 | €46,395 | -€15,826 | -25.4% |
| Trade receivables | 40 | €46,722 | €41,552 | -€5,170 | -11.1% |
| Other amounts receivable | 41 | €15,500 | €4,843 | -€10,656 | -68.8% |
| Cash at bank and in hand | 54/58 | €5,366 | €13,075 | +€7,709 | +144% |
| Deferred charges and accrued income | 490/1 | €1,521 | €1,521 | = | 0.0% |
| Total equity and liabilities | 10/49 | €95,570 | €70,664 | -€24,906 | -26.1% |
| Equity | 10/15 | €45,161 | -€1,865 | -€47,026 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,561 | -€20,465 | -€47,026 | |
| Amounts payable | 17/49 | €50,409 | €72,529 | +€22,120 | +43.9% |
| Amounts payable within one year | 42/48 | €50,409 | €72,529 | +€22,120 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €7,658 | - | -€7,658 | |
| Trade debts | 44 | €42,750 | €38,536 | -€4,213 | -9.9% |
| Suppliers | 440/4 | €42,750 | €38,536 | -€4,213 | -9.9% |
| Taxes, remuneration and social security | 45 | €2 | €765 | +€763 | +41,945% |
| Taxes | 450/3 | €2 | €765 | +€763 | +41,945% |
| Other amounts payable | 47/48 | - | €33,228 | +€33,228 | |
| Remuneration, social security and pensions | 62 | - | €975 | +€975 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,856 | €16,789 | -€67 | -0.4% |
| Other operating charges | 640/8 | €949 | €1,294 | +€345 | +36.3% |
| Gross operating margin | 9900 | -€7,964 | -€28,612 | -€20,649 | -259% |
| Operating profit (loss) | 9901 | -€25,769 | -€47,670 | -€21,901 | -85.0% |
| Financial charges | 65/66B | €769 | -€644 | -€1,413 | |
| Recurring financial charges | 65 | €769 | -€644 | -€1,413 | |
| Profit (loss) for the period before taxes | 9903 | -€26,538 | -€47,026 | -€20,488 | -77.2% |
| Income taxes | 67/77 | €27,959 | - | -€27,959 | |
| Profit (loss) for the period | 9904 | -€54,496 | -€47,026 | +€7,470 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,496 | -€47,026 | +€7,470 | +13.7% |
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 22 October 2026 via checked.be.