DALMAN: 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.
DALMAN
Largest movements
- Receivables within one year +€34,748
up €34,748 (+891%), from €3,901 to €38,649
- Cash -€12,186
down €12,186 (-40.5%), from €30,086 to €17,901
mainly Receivables within one year (-€34,748) and Investment in fixed assets (net) (-€2,150)
- Stocks and contracts +€1,503
up €1,503 (+145%), from €1,038 to €2,540
- Tangible fixed assets +€786
up €786 (+38.7%), from €2,034 to €2,820
of which Plant, machinery and equipment: +€1,722
- Tax, wage and social debts +€14,478
up €14,478 (+192%), from €7,529 to €22,007
of which Remuneration and social security: +€13,993
- Reserves +€12,000
new in 2025: €12,000
- Trade debts -€1,168
down €1,168 (-12.6%), from €9,249 to €8,081
- Gross operating margin +€86,195
up €86,195 (+482%), from €17,893 to €104,087
- Staff costs +€81,285
up €81,285 (+1,240%), from €6,553 to €87,838
- Financial charges +€1,145
up €1,145 (+68.1%), from €1,681 to €2,826
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 | €37,058 | €61,910 | +€24,852 | +67.1% |
| Fixed assets | 21/28 | €2,034 | €2,820 | +€786 | +38.7% |
| Tangible fixed assets | 22/27 | €2,034 | €2,820 | +€786 | +38.7% |
| Plant, machinery and equipment | 23 | - | €1,722 | +€1,722 | |
| Furniture and vehicles | 24 | €2,034 | €1,098 | -€936 | -46.0% |
| Current assets | 29/58 | €35,025 | €59,090 | +€24,065 | +68.7% |
| Stocks and contracts in progress | 3 | €1,038 | €2,540 | +€1,503 | +145% |
| Stocks | 30/36 | €1,038 | €2,540 | +€1,503 | +145% |
| Amounts receivable within one year | 40/41 | €3,901 | €38,649 | +€34,748 | +891% |
| Other amounts receivable | 41 | €3,901 | €38,649 | +€34,748 | +891% |
| Cash at bank and in hand | 54/58 | €30,086 | €17,901 | -€12,186 | -40.5% |
| Total equity and liabilities | 10/49 | €37,058 | €61,910 | +€24,852 | +67.1% |
| Equity | 10/15 | €20,281 | €31,822 | +€11,542 | +56.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €12,000 | +€12,000 | |
| Distributable reserves | 133 | - | €12,000 | +€12,000 | |
| Profit (loss) carried forward | 14 | €18,781 | €18,322 | -€459 | -2.4% |
| Amounts payable | 17/49 | €16,778 | €30,088 | +€13,310 | +79.3% |
| Amounts payable within one year | 42/48 | €16,778 | €30,088 | +€13,310 | +79.3% |
| Trade debts | 44 | €9,249 | €8,081 | -€1,168 | -12.6% |
| Suppliers | 440/4 | €9,249 | €8,081 | -€1,168 | -12.6% |
| Taxes, remuneration and social security | 45 | €7,529 | €22,007 | +€14,478 | +192% |
| Taxes | 450/3 | €1,953 | €2,438 | +€485 | +24.8% |
| Remuneration and social security | 454/9 | €5,576 | €19,569 | +€13,993 | +251% |
| Remuneration, social security and pensions | 62 | €6,553 | €87,838 | +€81,285 | +1,240% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €774 | €1,364 | +€589 | +76.1% |
| Other operating charges | 640/8 | €148 | €130 | -€18 | -12.3% |
| Gross operating margin | 9900 | €17,893 | €104,087 | +€86,195 | +482% |
| Operating profit (loss) | 9901 | €10,417 | €14,756 | +€4,339 | +41.6% |
| Financial income | 75/76B | €654 | €812 | +€158 | +24.2% |
| Recurring financial income | 75 | €654 | €812 | +€158 | +24.2% |
| Financial charges | 65/66B | €1,681 | €2,826 | +€1,145 | +68.1% |
| Recurring financial charges | 65 | €1,681 | €2,826 | +€1,145 | +68.1% |
| Profit (loss) for the period before taxes | 9903 | €9,390 | €12,742 | +€3,351 | +35.7% |
| Income taxes | 67/77 | €1,953 | €1,200 | -€753 | -38.5% |
| Profit (loss) for the period | 9904 | €7,437 | €11,542 | +€4,104 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,437 | €11,542 | +€4,104 | +55.2% |
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 14 October 2026 via checked.be.