DALEZI: 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.
DALEZI
Largest movements
- Receivables within one year +€106,900
up €106,900 (+25.4%), from €421,286 to €528,186
of which Trade receivables: +€94,738
- Cash +€32,779
up €32,779 (+110%), from €29,695 to €62,474
mainly Net result for the year (+€124,558) and Tax, wage and social debts (+€47,920)
- Tangible fixed assets -€8,054
down €8,054 (-53.2%), from €15,139 to €7,084
- Profit (loss) carried forward +€124,558
up €124,558 (+44.0%), from €283,103 to €407,662
- Tax, wage and social debts +€47,920
up €47,920 (+149%), from €32,116 to €80,036
- Trade debts -€39,401
down €39,401 (-34.6%), from €113,812 to €74,412
- Gross operating margin +€49,686
up €49,686 (+35.9%), from €138,448 to €188,134
- Financial charges -€24,033
down €24,033 (-78.1%), from €30,784 to €6,750
of which Financial charges: -€12,352
- Taxes +€16,466
up €16,466 (+52.2%), from €31,534 to €48,000
- Depreciation -€2,961
down €2,961 (-28.7%), from €10,333 to €7,373
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 | €466,868 | €598,492 | +€131,625 | +28.2% |
| Fixed assets | 21/28 | €15,887 | €7,832 | -€8,054 | -50.7% |
| Tangible fixed assets | 22/27 | €15,139 | €7,084 | -€8,054 | -53.2% |
| Furniture and vehicles | 24 | €15,139 | €7,084 | -€8,054 | -53.2% |
| Financial fixed assets | 28 | €748 | €748 | = | 0.0% |
| Current assets | 29/58 | €450,981 | €590,660 | +€139,679 | +31.0% |
| Amounts receivable within one year | 40/41 | €421,286 | €528,186 | +€106,900 | +25.4% |
| Trade receivables | 40 | €385,489 | €480,227 | +€94,738 | +24.6% |
| Other amounts receivable | 41 | €35,798 | €47,960 | +€12,162 | +34.0% |
| Cash at bank and in hand | 54/58 | €29,695 | €62,474 | +€32,779 | +110% |
| Total equity and liabilities | 10/49 | €466,868 | €598,492 | +€131,625 | +28.2% |
| Equity | 10/15 | €303,555 | €428,113 | +€124,558 | +41.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €283,103 | €407,662 | +€124,558 | +44.0% |
| Amounts payable | 17/49 | €163,313 | €170,379 | +€7,066 | +4.3% |
| Amounts payable within one year | 42/48 | €163,313 | €170,379 | +€7,066 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €11,984 | €6,252 | -€5,732 | -47.8% |
| Financial debts | 43 | €5,400 | €9,680 | +€4,279 | +79.2% |
| Credit institutions | 430/8 | €5,400 | €9,680 | +€4,279 | +79.2% |
| Trade debts | 44 | €113,812 | €74,412 | -€39,401 | -34.6% |
| Suppliers | 440/4 | €113,812 | €74,412 | -€39,401 | -34.6% |
| Taxes, remuneration and social security | 45 | €32,116 | €80,036 | +€47,920 | +149% |
| Taxes | 450/3 | €32,116 | €80,036 | +€47,920 | +149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,333 | €7,373 | -€2,961 | -28.7% |
| Other operating charges | 640/8 | €550 | €1,491 | +€941 | +171% |
| Gross operating margin | 9900 | €138,448 | €188,134 | +€49,686 | +35.9% |
| Operating profit (loss) | 9901 | €127,565 | €179,270 | +€51,705 | +40.5% |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €30,784 | €6,750 | -€24,033 | -78.1% |
| Recurring financial charges | 65 | €19,103 | €6,750 | -€12,352 | -64.7% |
| Non-recurring financial charges | 66B | €11,681 | - | -€11,681 | |
| Profit (loss) for the period before taxes | 9903 | €96,781 | €172,558 | +€75,777 | +78.3% |
| Income taxes | 67/77 | €31,534 | €48,000 | +€16,466 | +52.2% |
| Profit (loss) for the period | 9904 | €65,248 | €124,558 | +€59,311 | +90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,248 | €124,558 | +€59,311 | +90.9% |
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 23 October 2026 via checked.be.