DALI TECHNIC: 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 TECHNIC
Largest movements
- Tangible fixed assets -€37,584
down €37,584 (-6.5%), from €581,187 to €543,602
of which Land and buildings: -€33,660
- Cash +€18,326
up €18,326 (+71.9%), from €25,495 to €43,821
mainly Net result for the year (+€41,510) and Depreciation (+€39,208)
- Receivables within one year -€7,250
down €7,250 (-15.6%), from €46,410 to €39,160
of which Other amounts receivable: -€16,947
- Debts after one year -€40,519
down €40,519 (-10.8%), from €374,973 to €334,454
- Reserves +€18,520
up €18,520 (+14.9%), from €124,143 to €142,663
- Tax, wage and social debts +€15,912
up €15,912 (+76.2%), from €20,892 to €36,804
of which Taxes: +€12,859
- Trade debts -€13,585
down €13,585 (-98.4%), from €13,807 to €222
- Staff costs -€19,676
down €19,676 (-14.6%), from €135,178 to €115,502
- Gross operating margin +€16,962
up €16,962 (+7.9%), from €213,678 to €230,640
- Taxes +€13,780
up €13,780 (+177%), from €7,801 to €21,582
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 | €665,114 | €643,076 | -€22,037 | -3.3% |
| Fixed assets | 21/28 | €581,810 | €544,225 | -€37,584 | -6.5% |
| Tangible fixed assets | 22/27 | €581,187 | €543,602 | -€37,584 | -6.5% |
| Land and buildings | 22 | €571,347 | €537,687 | -€33,660 | -5.9% |
| Plant, machinery and equipment | 23 | €1,364 | €2,324 | +€960 | +70.4% |
| Furniture and vehicles | 24 | €8,476 | €3,592 | -€4,884 | -57.6% |
| Financial fixed assets | 28 | €623 | €623 | = | 0.0% |
| Current assets | 29/58 | €83,304 | €98,851 | +€15,547 | +18.7% |
| Amounts receivable within one year | 40/41 | €46,410 | €39,160 | -€7,250 | -15.6% |
| Trade receivables | 40 | €25,467 | €35,163 | +€9,696 | +38.1% |
| Other amounts receivable | 41 | €20,943 | €3,997 | -€16,947 | -80.9% |
| Current investments | 50/53 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,495 | €43,821 | +€18,326 | +71.9% |
| Deferred charges and accrued income | 490/1 | €9,399 | €13,870 | +€4,471 | +47.6% |
| Total equity and liabilities | 10/49 | €665,114 | €643,076 | -€22,037 | -3.3% |
| Equity | 10/15 | €192,698 | €211,218 | +€18,520 | +9.6% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €124,143 | €142,663 | +€18,520 | +14.9% |
| Distributable reserves | 133 | €124,143 | €142,663 | +€18,520 | +14.9% |
| Profit (loss) carried forward | 14 | €45,099 | €45,099 | = | 0.0% |
| Investment grants | 15 | €9,196 | €9,196 | = | 0.0% |
| Amounts payable | 17/49 | €472,416 | €431,858 | -€40,558 | -8.6% |
| Amounts payable after more than one year | 17 | €374,973 | €334,454 | -€40,519 | -10.8% |
| Financial debts | 170/4 | €374,973 | €334,454 | -€40,519 | -10.8% |
| Amounts payable within one year | 42/48 | €97,443 | €96,916 | -€526 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €45,009 | €40,519 | -€4,489 | -10.0% |
| Trade debts | 44 | €13,807 | €222 | -€13,585 | -98.4% |
| Suppliers | 440/4 | €13,807 | €222 | -€13,585 | -98.4% |
| Advances received on contracts in progress | 46 | €1,109 | €1,109 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €20,892 | €36,804 | +€15,912 | +76.2% |
| Taxes | 450/3 | €8,606 | €21,465 | +€12,859 | +149% |
| Remuneration and social security | 454/9 | €12,286 | €15,339 | +€3,053 | +24.8% |
| Other amounts payable | 47/48 | €16,626 | €18,262 | +€1,637 | +9.8% |
| Accrued charges and deferred income | 492/3 | - | €488 | +€488 | |
| Non-recurring operating income | 76A | €1,783 | €944 | -€838 | -47.0% |
| Remuneration, social security and pensions | 62 | €135,178 | €115,502 | -€19,676 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,517 | €39,208 | +€1,691 | +4.5% |
| Other operating charges | 640/8 | €2,018 | €2,574 | +€556 | +27.6% |
| Non-recurring operating charges | 66A | €74 | €809 | +€735 | +987% |
| Gross operating margin | 9900 | €213,678 | €230,640 | +€16,962 | +7.9% |
| Operating profit (loss) | 9901 | €38,890 | €72,546 | +€33,656 | +86.5% |
| Financial income | 75/76B | €61 | €44 | -€17 | -28.5% |
| Recurring financial income | 75 | €61 | €44 | -€17 | -28.5% |
| Financial charges | 65/66B | €8,885 | €9,498 | +€614 | +6.9% |
| Recurring financial charges | 65 | €5,880 | €7,863 | +€1,983 | +33.7% |
| Non-recurring financial charges | 66B | €3,004 | €1,635 | -€1,369 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €30,067 | €63,092 | +€33,025 | +110% |
| Income taxes | 67/77 | €7,801 | €21,582 | +€13,780 | +177% |
| Profit (loss) for the period | 9904 | €22,266 | €41,510 | +€19,244 | +86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,266 | €41,510 | +€19,244 | +86.4% |
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 13 October 2026 via checked.be.