DALIN: 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.
DALIN
Largest movements
- Cash +€62,945
up €62,945 (+27.3%), from €230,622 to €293,567
mainly Net result for the year (+€44,811) and Depreciation (+€37,201)
- Stocks and contracts +€42,695
up €42,695 (+20.0%), from €213,287 to €255,983
- Tangible fixed assets -€35,962
down €35,962 (-36.6%), from €98,380 to €62,419
of which Land and buildings: -€26,436
- Receivables within one year -€10,978
down €10,978 (-65.1%), from €16,855 to €5,877
of which Other amounts receivable: -€11,812
- Reserves +€44,810
up €44,810 (+96.9%), from €46,263 to €91,073
- Current portion of long-term debt -€37,046
no longer reported in 2025 (was €37,046)
- Other debts +€27,966
up €27,966 (+12.7%), from €220,638 to €248,604
- Tax, wage and social debts +€13,209
up €13,209 (+17.9%), from €73,685 to €86,895
of which Taxes: +€13,000
- Trade debts +€11,417
up €11,417 (+70.2%), from €16,268 to €27,685
- Gross operating margin +€9,850
up €9,850 (+5.1%), from €191,430 to €201,279
- Depreciation -€9,745
down €9,745 (-20.8%), from €46,946 to €37,201
- Taxes +€6,648
up €6,648 (+47.9%), from €13,889 to €20,537
- Financial income +€4,293
up €4,293 (+69.9%), from €6,143 to €10,436
- Write-downs -€4,105
down €4,105, from €3,526 to -€580
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 | €563,750 | €622,263 | +€58,513 | +10.4% |
| Fixed assets | 21/28 | €99,657 | €63,696 | -€35,962 | -36.1% |
| Tangible fixed assets | 22/27 | €98,380 | €62,419 | -€35,962 | -36.6% |
| Land and buildings | 22 | €86,298 | €59,861 | -€26,436 | -30.6% |
| Plant, machinery and equipment | 23 | €2,347 | €1,243 | -€1,104 | -47.0% |
| Furniture and vehicles | 24 | €1,195 | €1,314 | +€119 | +9.9% |
| Other tangible fixed assets | 26 | €8,541 | - | -€8,541 | |
| Financial fixed assets | 28 | €1,277 | €1,277 | = | 0.0% |
| Current assets | 29/58 | €464,093 | €558,568 | +€94,475 | +20.4% |
| Stocks and contracts in progress | 3 | €213,287 | €255,983 | +€42,695 | +20.0% |
| Stocks | 30/36 | €213,287 | €255,983 | +€42,695 | +20.0% |
| Amounts receivable within one year | 40/41 | €16,855 | €5,877 | -€10,978 | -65.1% |
| Trade receivables | 40 | €2,572 | €3,405 | +€834 | +32.4% |
| Other amounts receivable | 41 | €14,284 | €2,472 | -€11,812 | -82.7% |
| Current investments | 50/53 | €593 | €593 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €230,622 | €293,567 | +€62,945 | +27.3% |
| Deferred charges and accrued income | 490/1 | €2,735 | €2,548 | -€187 | -6.8% |
| Total equity and liabilities | 10/49 | €563,750 | €622,263 | +€58,513 | +10.4% |
| Equity | 10/15 | €212,527 | €257,338 | +€44,811 | +21.1% |
| Contributions | 10/11 | €166,256 | €166,256 | = | 0.0% |
| Reserves | 13 | €46,263 | €91,073 | +€44,810 | +96.9% |
| Distributable reserves | 133 | €46,263 | €91,073 | +€44,810 | +96.9% |
| Profit (loss) carried forward | 14 | €8 | €9 | +€1 | +11.8% |
| Amounts payable | 17/49 | €351,223 | €364,926 | +€13,702 | +3.9% |
| Amounts payable within one year | 42/48 | €347,637 | €363,183 | +€15,546 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €37,046 | - | -€37,046 | |
| Trade debts | 44 | €16,268 | €27,685 | +€11,417 | +70.2% |
| Suppliers | 440/4 | €16,268 | €27,685 | +€11,417 | +70.2% |
| Taxes, remuneration and social security | 45 | €73,685 | €86,895 | +€13,209 | +17.9% |
| Taxes | 450/3 | €58,708 | €71,708 | +€13,000 | +22.1% |
| Remuneration and social security | 454/9 | €14,977 | €15,186 | +€209 | +1.4% |
| Other amounts payable | 47/48 | €220,638 | €248,604 | +€27,966 | +12.7% |
| Accrued charges and deferred income | 492/3 | €3,586 | €1,742 | -€1,844 | -51.4% |
| Remuneration, social security and pensions | 62 | €95,155 | €98,395 | +€3,240 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,946 | €37,201 | -€9,745 | -20.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,526 | -€580 | -€4,105 | |
| Other operating charges | 640/8 | €5,589 | €6,344 | +€755 | +13.5% |
| Non-recurring operating charges | 66A | - | €1,525 | +€1,525 | |
| Gross operating margin | 9900 | €191,430 | €201,279 | +€9,850 | +5.1% |
| Operating profit (loss) | 9901 | €40,214 | €58,394 | +€18,180 | +45.2% |
| Financial income | 75/76B | €6,143 | €10,436 | +€4,293 | +69.9% |
| Recurring financial income | 75 | €6,143 | €10,436 | +€4,293 | +69.9% |
| Financial charges | 65/66B | €4,553 | €3,482 | -€1,071 | -23.5% |
| Recurring financial charges | 65 | €4,553 | €3,482 | -€1,071 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €41,804 | €65,348 | +€23,544 | +56.3% |
| Income taxes | 67/77 | €13,889 | €20,537 | +€6,648 | +47.9% |
| Profit (loss) for the period | 9904 | €27,915 | €44,811 | +€16,895 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,915 | €44,811 | +€16,895 | +60.5% |
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 26 October 2026 via checked.be.