DALS: 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.
DALS
Largest movements
- Financial fixed assets +€527,000
up €527,000 (+109.8%), from €480,000 to €1.0m
- Debts after one year +€337,736
up €337,736 (+148.2%), from €227,909 to €565,645
- Other debts +€127,746
up €127,746 (+456.0%), from €28,017 to €155,762
- Current portion of long-term debt +€81,857
up €81,857 (+189.7%), from €43,161 to €125,018
- Profit (loss) carried forward -€23,813
new in 2025: -€23,813
- Financial income -€73,800
no longer reported in 2025 (was €73,800)
- Financial charges +€11,213
up €11,213 (+213.3%), from €5,258 to €16,471
of which Financial charges: +€11,213
- Purchases and services +€9,402
up €9,402 (+15.7%), from €59,882 to €69,284
- Taxes -€5,767
no longer reported in 2025 (was €5,767)
- Gross operating margin -€2,019
down €2,019 (-41.0%), from -€4,923 to -€6,942
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 | €500,047 | €1,023,487 | +€523,440 | +104.7% |
| Fixed assets | 21/28 | €480,000 | €1,007,000 | +€527,000 | +109.8% |
| Financial fixed assets | 28 | €480,000 | €1,007,000 | +€527,000 | +109.8% |
| Current assets | 29/58 | €20,047 | €16,487 | -€3,561 | -17.8% |
| Amounts receivable within one year | 40/41 | €15,720 | €8,471 | -€7,249 | -46.1% |
| Trade receivables | 40 | €6,662 | €2,613 | -€4,049 | -60.8% |
| Other amounts receivable | 41 | €9,058 | €5,858 | -€3,200 | -35.3% |
| Cash at bank and in hand | 54/58 | €4,328 | €8,016 | +€3,688 | +85.2% |
| Total equity and liabilities | 10/49 | €500,047 | €1,023,487 | +€523,440 | +104.7% |
| Equity | 10/15 | €188,279 | €164,466 | -€23,813 | -12.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €178,279 | €178,279 | = | 0.0% |
| Distributable reserves | 133 | €178,279 | €178,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€23,813 | -€23,813 | |
| Amounts payable | 17/49 | €311,769 | €859,021 | +€547,252 | +175.5% |
| Amounts payable after more than one year | 17 | €227,909 | €565,645 | +€337,736 | +148.2% |
| Financial debts | 170/4 | €227,909 | €565,645 | +€337,736 | +148.2% |
| Amounts payable within one year | 42/48 | €83,860 | €293,376 | +€209,516 | +249.8% |
| Current portion of amounts payable after more than one year | 42 | €43,161 | €125,018 | +€81,857 | +189.7% |
| Trade debts | 44 | €21 | - | -€21 | |
| Suppliers | 440/4 | €21 | - | -€21 | |
| Taxes, remuneration and social security | 45 | €12,661 | €12,596 | -€65 | -0.5% |
| Taxes | 450/3 | €12,661 | €12,596 | -€65 | -0.5% |
| Other amounts payable | 47/48 | €28,017 | €155,762 | +€127,746 | +456.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €59,882 | €69,284 | +€9,402 | +15.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€4,923 | -€6,942 | -€2,019 | -41.0% |
| Operating profit (loss) | 9901 | -€5,310 | -€7,341 | -€2,031 | -38.3% |
| Financial income | 75/76B | €73,800 | - | -€73,800 | |
| Recurring financial income | 75 | €73,800 | - | -€73,800 | |
| Financial charges | 65/66B | €5,258 | €16,471 | +€11,213 | +213.3% |
| Recurring financial charges | 65 | €5,258 | €16,471 | +€11,213 | +213.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €63,232 | -€23,813 | -€87,044 | |
| Income taxes | 67/77 | €5,767 | - | -€5,767 | |
| Profit (loss) for the period | 9904 | €57,465 | -€23,813 | -€81,278 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,465 | -€23,813 | -€81,278 |
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 9 October 2026 via checked.be.