DALI & CO: 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.
DALI & CO
Largest movements
- Cash -€159,503
down €159,503 (-92.0%), from €173,374 to €13,871
mainly Other debts (-€186,573) and Tax, wage and social debts (-€7,397)
- Tangible fixed assets -€13,787
down €13,787 (-6.4%), from €214,125 to €200,338
of which Land and buildings: -€14,419
- Current investments -€12,757
no longer reported in 2025 (was €12,757)
- Other debts -€186,573
down €186,573 (-97.3%), from €191,660 to €5,087
- Profit (loss) carried forward +€9,276
up €9,276 (+7.0%), from €131,911 to €141,187
- Tax, wage and social debts -€7,397
down €7,397 (-63.0%), from €11,742 to €4,345
- Gross operating margin +€1,052
up €1,052 (+3.5%), from €29,874 to €30,926
- Depreciation +€910
up €910 (+6.2%), from €14,626 to €15,536
- Financial income +€594
up €594 (+19,800%), from €3 to €597
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 | €419,324 | €231,080 | -€188,244 | -44.9% |
| Fixed assets | 21/28 | €214,125 | €200,338 | -€13,787 | -6.4% |
| Tangible fixed assets | 22/27 | €214,125 | €200,338 | -€13,787 | -6.4% |
| Land and buildings | 22 | €211,026 | €196,607 | -€14,419 | -6.8% |
| Plant, machinery and equipment | 23 | €3,099 | €2,273 | -€826 | -26.7% |
| Furniture and vehicles | 24 | - | €1,458 | +€1,458 | |
| Current assets | 29/58 | €205,199 | €30,742 | -€174,457 | -85.0% |
| Amounts receivable within one year | 40/41 | €17,768 | €15,171 | -€2,597 | -14.6% |
| Trade receivables | 40 | €15,635 | €12,055 | -€3,580 | -22.9% |
| Other amounts receivable | 41 | €2,133 | €3,116 | +€983 | +46.1% |
| Current investments | 50/53 | €12,757 | - | -€12,757 | |
| Cash at bank and in hand | 54/58 | €173,374 | €13,871 | -€159,503 | -92.0% |
| Deferred charges and accrued income | 490/1 | €1,300 | €1,700 | +€400 | +30.8% |
| Total equity and liabilities | 10/49 | €419,324 | €231,080 | -€188,244 | -44.9% |
| Equity | 10/15 | €208,923 | €218,199 | +€9,276 | +4.4% |
| Contributions | 10/11 | €7,012 | €7,012 | = | 0.0% |
| Reserves | 13 | €70,000 | €70,000 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,911 | €141,187 | +€9,276 | +7.0% |
| Amounts payable | 17/49 | €210,401 | €12,881 | -€197,520 | -93.9% |
| Amounts payable within one year | 42/48 | €208,895 | €12,881 | -€196,014 | -93.8% |
| Trade debts | 44 | €5,493 | €3,449 | -€2,044 | -37.2% |
| Suppliers | 440/4 | €5,493 | €3,449 | -€2,044 | -37.2% |
| Taxes, remuneration and social security | 45 | €11,742 | €4,345 | -€7,397 | -63.0% |
| Taxes | 450/3 | €11,742 | €4,345 | -€7,397 | -63.0% |
| Other amounts payable | 47/48 | €191,660 | €5,087 | -€186,573 | -97.3% |
| Accrued charges and deferred income | 492/3 | €1,506 | - | -€1,506 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,626 | €15,536 | +€910 | +6.2% |
| Other operating charges | 640/8 | €2,596 | €2,671 | +€75 | +2.9% |
| Gross operating margin | 9900 | €29,874 | €30,926 | +€1,052 | +3.5% |
| Operating profit (loss) | 9901 | €12,652 | €12,719 | +€67 | +0.5% |
| Financial income | 75/76B | €3 | €597 | +€594 | +19,800% |
| Recurring financial income | 75 | €3 | €597 | +€594 | +19,800% |
| Financial charges | 65/66B | €120 | €122 | +€2 | +1.7% |
| Recurring financial charges | 65 | €120 | €122 | +€2 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €12,535 | €13,194 | +€659 | +5.3% |
| Income taxes | 67/77 | €4,027 | €3,918 | -€109 | -2.7% |
| Profit (loss) for the period | 9904 | €8,508 | €9,276 | +€768 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,508 | €9,276 | +€768 | +9.0% |
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 31 October 2026 via checked.be.