DALI CONCEPT: 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 CONCEPT
Largest movements
- Cash -€43,662
down €43,662 (-74.5%), from €58,576 to €14,913
mainly Investment in fixed assets (net) (-€39,049) and Receivables within one year (-€19,061)
- Tangible fixed assets +€29,267
up €29,267 (+792.1%), from €3,695 to €32,962
of which Furniture and vehicles: +€29,344
- Receivables within one year +€19,061
up €19,061 (+30.0%), from €63,530 to €82,591
of which Trade receivables: +€12,293
- Current portion of long-term debt +€13,786
up €13,786 (+202.5%), from €6,808 to €20,594
- Other debts +€12,000
up €12,000 (+200.0%), from €6,000 to €18,000
- Profit (loss) carried forward -€8,751
down €8,751 (-12.9%), from €67,884 to €59,133
- Debts after one year -€7,075
down €7,075 (-23.6%), from €30,002 to €22,928
- Trade debts -€4,141
down €4,141 (-72.6%), from €5,705 to €1,564
- Gross operating margin -€17,691
down €17,691 (-32.6%), from €54,346 to €36,656
- Taxes +€13,008
up €13,008 (+434.8%), from €2,992 to €16,000
- Depreciation +€7,125
up €7,125 (+268.2%), from €2,657 to €9,782
- Financial charges +€1,304
up €1,304 (+406.6%), from €321 to €1,624
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 | €126,209 | €131,957 | +€5,748 | +4.6% |
| Fixed assets | 21/28 | €3,695 | €32,962 | +€29,267 | +792.1% |
| Tangible fixed assets | 22/27 | €3,695 | €32,962 | +€29,267 | +792.1% |
| Plant, machinery and equipment | 23 | €77 | - | -€77 | |
| Furniture and vehicles | 24 | €3,618 | €32,962 | +€29,344 | +811.0% |
| Current assets | 29/58 | €122,514 | €98,995 | -€23,519 | -19.2% |
| Amounts receivable within one year | 40/41 | €63,530 | €82,591 | +€19,061 | +30.0% |
| Trade receivables | 40 | €57,481 | €69,774 | +€12,293 | +21.4% |
| Other amounts receivable | 41 | €6,050 | €12,817 | +€6,768 | +111.9% |
| Cash at bank and in hand | 54/58 | €58,576 | €14,913 | -€43,662 | -74.5% |
| Deferred charges and accrued income | 490/1 | €408 | €1,490 | +€1,082 | +264.9% |
| Total equity and liabilities | 10/49 | €126,209 | €131,957 | +€5,748 | +4.6% |
| Equity | 10/15 | €75,944 | €67,193 | -€8,751 | -11.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,884 | €59,133 | -€8,751 | -12.9% |
| Amounts payable | 17/49 | €50,265 | €64,764 | +€14,498 | +28.8% |
| Amounts payable after more than one year | 17 | €30,002 | €22,928 | -€7,075 | -23.6% |
| Financial debts | 170/4 | €30,002 | €22,928 | -€7,075 | -23.6% |
| Amounts payable within one year | 42/48 | €20,263 | €41,836 | +€21,573 | +106.5% |
| Current portion of amounts payable after more than one year | 42 | €6,808 | €20,594 | +€13,786 | +202.5% |
| Trade debts | 44 | €5,705 | €1,564 | -€4,141 | -72.6% |
| Suppliers | 440/4 | €5,705 | €1,564 | -€4,141 | -72.6% |
| Taxes, remuneration and social security | 45 | €1,750 | €1,678 | -€72 | -4.1% |
| Taxes | 450/3 | €1,750 | €437 | -€1,313 | -75.0% |
| Remuneration and social security | 454/9 | - | €1,241 | +€1,241 | |
| Other amounts payable | 47/48 | €6,000 | €18,000 | +€12,000 | +200.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,657 | €9,782 | +€7,125 | +268.2% |
| Other operating charges | 640/8 | €58 | - | -€58 | |
| Gross operating margin | 9900 | €54,346 | €36,656 | -€17,691 | -32.6% |
| Operating profit (loss) | 9901 | €51,631 | €26,874 | -€24,758 | -48.0% |
| Financial charges | 65/66B | €321 | €1,624 | +€1,304 | +406.6% |
| Recurring financial charges | 65 | €321 | €1,624 | +€1,304 | +406.6% |
| Profit (loss) for the period before taxes | 9903 | €51,311 | €25,249 | -€26,061 | -50.8% |
| Income taxes | 67/77 | €2,992 | €16,000 | +€13,008 | +434.8% |
| Profit (loss) for the period | 9904 | €48,319 | €9,249 | -€39,070 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,319 | €9,249 | -€39,070 | -80.9% |
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 10 October 2026 via checked.be.