DALI FINANCE: 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 FINANCE
Largest movements
- Current investments +€100,000
up €100,000 (+33.3%), from €300,000 to €400,000
- Financial fixed assets -€75,000
down €75,000 (-19.0%), from €395,000 to €320,000
- Receivables within one year +€22,670
up €22,670 (+753%), from €3,010 to €25,680
of which Trade receivables: +€25,380
- Cash +€19,362
up €19,362 (+7.6%), from €255,418 to €274,780
mainly Net result for the year (+€161,928) and Investment in fixed assets (net) (+€75,000)
- Reserves +€104,928
up €104,928 (+12.4%), from €845,543 to €950,471
- Current portion of long-term debt -€15,661
down €15,661 (-62.4%), from €25,079 to €9,418
- Financial income -€19,351
down €19,351 (-15.2%), from €127,684 to €108,333
- Gross operating margin -€4,312
down €4,312 (-3.8%), from €114,510 to €110,198
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 | €1,069,277 | €1,130,663 | +€61,386 | +5.7% |
| Fixed assets | 21/28 | €510,086 | €427,830 | -€82,256 | -16.1% |
| Tangible fixed assets | 22/27 | €115,086 | €107,830 | -€7,256 | -6.3% |
| Land and buildings | 22 | €109,871 | €103,788 | -€6,084 | -5.5% |
| Plant, machinery and equipment | 23 | €5,215 | €4,042 | -€1,172 | -22.5% |
| Financial fixed assets | 28 | €395,000 | €320,000 | -€75,000 | -19.0% |
| Current assets | 29/58 | €559,191 | €702,833 | +€143,642 | +25.7% |
| Amounts receivable within one year | 40/41 | €3,010 | €25,680 | +€22,670 | +753% |
| Trade receivables | 40 | €300 | €25,680 | +€25,380 | +8,465% |
| Other amounts receivable | 41 | €2,710 | €0 | -€2,710 | -100% |
| Current investments | 50/53 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €255,418 | €274,780 | +€19,362 | +7.6% |
| Deferred charges and accrued income | 490/1 | €763 | €2,373 | +€1,610 | +211% |
| Total equity and liabilities | 10/49 | €1,069,277 | €1,130,663 | +€61,386 | +5.7% |
| Equity | 10/15 | €858,043 | €962,971 | +€104,928 | +12.2% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €845,543 | €950,471 | +€104,928 | +12.4% |
| Distributable reserves | 133 | €845,543 | €950,471 | +€104,928 | +12.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €211,234 | €167,692 | -€43,542 | -20.6% |
| Amounts payable after more than one year | 17 | €148,502 | €139,084 | -€9,418 | -6.3% |
| Financial debts | 170/4 | €148,502 | €139,084 | -€9,418 | -6.3% |
| Amounts payable within one year | 42/48 | €59,931 | €28,438 | -€31,493 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €25,079 | €9,418 | -€15,661 | -62.4% |
| Trade debts | 44 | €2,079 | €5,500 | +€3,421 | +165% |
| Suppliers | 440/4 | €2,079 | €5,500 | +€3,421 | +165% |
| Taxes, remuneration and social security | 45 | €24,658 | €13,519 | -€11,139 | -45.2% |
| Taxes | 450/3 | €24,658 | €13,519 | -€11,139 | -45.2% |
| Other amounts payable | 47/48 | €8,115 | €1 | -€8,114 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,802 | €171 | -€2,630 | -93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,731 | €7,256 | +€525 | +7.8% |
| Other operating charges | 640/8 | €502 | €1,124 | +€622 | +124% |
| Gross operating margin | 9900 | €114,510 | €110,198 | -€4,312 | -3.8% |
| Operating profit (loss) | 9901 | €107,277 | €101,817 | -€5,460 | -5.1% |
| Financial income | 75/76B | €127,684 | €108,333 | -€19,351 | -15.2% |
| Recurring financial income | 75 | €127,684 | €108,333 | -€19,351 | -15.2% |
| Financial charges | 65/66B | €4,063 | €3,036 | -€1,026 | -25.3% |
| Recurring financial charges | 65 | €4,063 | €3,036 | -€1,026 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €230,898 | €207,114 | -€23,784 | -10.3% |
| Income taxes | 67/77 | €45,454 | €45,186 | -€268 | -0.6% |
| Profit (loss) for the period | 9904 | €185,444 | €161,928 | -€23,516 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €185,444 | €161,928 | -€23,516 | -12.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.