DALTON: what changed
Two fiscal 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.
DALTON
Largest movements
- Cash +€77,019
up €77,019 (+41.5%), from €185,782 to €262,801
mainly Net result for the year (+€120,386) and Other debts (+€64,719)
- Receivables within one year +€31,148
up €31,148 (+339.0%), from €9,187 to €40,335
of which Other amounts receivable: +€30,617
- Tangible fixed assets -€14,493
down €14,493 (-28.6%), from €50,623 to €36,130
of which Other tangible fixed assets: -€20,891
- Other debts +€64,719
up €64,719 (+335.6%), from €19,287 to €84,007
- Profit (loss) carried forward +€49,586
up €49,586, from -€30,270 to €19,315
- Debts after one year -€10,487
down €10,487 (-75.8%), from €13,836 to €3,348
- Trade debts +€9,523
up €9,523 (+15.1%), from €62,954 to €72,477
- Tax, wage and social debts -€8,806
down €8,806 (-6.3%), from €139,922 to €131,116
of which Taxes: -€17,780
- Staff costs +€31,170
up €31,170 (+5.0%), from €625,219 to €656,389
- Gross operating margin -€9,839
down €9,839 (-1.2%), from €850,304 to €840,466
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 | €273,973 | €369,246 | +€95,273 | +34.8% |
| Fixed assets | 21/28 | €50,623 | €36,130 | -€14,493 | -28.6% |
| Tangible fixed assets | 22/27 | €50,623 | €36,130 | -€14,493 | -28.6% |
| Furniture and vehicles | 24 | €10,015 | €16,413 | +€6,398 | +63.9% |
| Other tangible fixed assets | 26 | €40,608 | €19,716 | -€20,891 | -51.4% |
| Current assets | 29/58 | €223,350 | €333,117 | +€109,766 | +49.1% |
| Stocks and contracts in progress | 3 | €18,591 | €21,059 | +€2,468 | +13.3% |
| Stocks | 30/36 | €18,591 | €21,059 | +€2,468 | +13.3% |
| Amounts receivable within one year | 40/41 | €9,187 | €40,335 | +€31,148 | +339.0% |
| Trade receivables | 40 | €4,804 | €5,335 | +€531 | +11.1% |
| Other amounts receivable | 41 | €4,383 | €35,000 | +€30,617 | +698.5% |
| Cash at bank and in hand | 54/58 | €185,782 | €262,801 | +€77,019 | +41.5% |
| Deferred charges and accrued income | 490/1 | €9,790 | €8,921 | -€869 | -8.9% |
| Total equity and liabilities | 10/49 | €273,973 | €369,246 | +€95,273 | +34.8% |
| Equity | 10/15 | €8,230 | €57,815 | +€49,586 | +602.5% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,270 | €19,315 | +€49,586 | |
| Amounts payable | 17/49 | €265,743 | €311,431 | +€45,688 | +17.2% |
| Amounts payable after more than one year | 17 | €13,836 | €3,348 | -€10,487 | -75.8% |
| Financial debts | 170/4 | €13,836 | €3,348 | -€10,487 | -75.8% |
| Amounts payable within one year | 42/48 | €251,907 | €308,083 | +€56,175 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €18,086 | €10,616 | -€7,470 | -41.3% |
| Financial debts | 43 | €11,659 | €9,868 | -€1,792 | -15.4% |
| Credit institutions | 430/8 | €11,659 | €9,868 | -€1,792 | -15.4% |
| Trade debts | 44 | €62,954 | €72,477 | +€9,523 | +15.1% |
| Suppliers | 440/4 | €62,954 | €72,477 | +€9,523 | +15.1% |
| Taxes, remuneration and social security | 45 | €139,922 | €131,116 | -€8,806 | -6.3% |
| Taxes | 450/3 | €54,801 | €37,021 | -€17,780 | -32.4% |
| Remuneration and social security | 454/9 | €85,120 | €94,095 | +€8,974 | +10.5% |
| Other amounts payable | 47/48 | €19,287 | €84,007 | +€64,719 | +335.6% |
| Remuneration, social security and pensions | 62 | €625,219 | €656,389 | +€31,170 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,364 | €28,591 | -€3,772 | -11.7% |
| Other operating charges | 640/8 | €16,922 | €21,957 | +€5,036 | +29.8% |
| Non-recurring operating charges | 66A | €4,042 | - | -€4,042 | |
| Gross operating margin | 9900 | €850,304 | €840,466 | -€9,839 | -1.2% |
| Operating profit (loss) | 9901 | €171,757 | €133,528 | -€38,230 | -22.3% |
| Financial income | 75/76B | €185 | €3,823 | +€3,638 | +1961.3% |
| Recurring financial income | 75 | €185 | €1,661 | +€1,476 | +795.5% |
| Non-recurring financial income | 76B | - | €2,162 | +€2,162 | |
| Financial charges | 65/66B | €18,306 | €16,966 | -€1,341 | -7.3% |
| Recurring financial charges | 65 | €18,306 | €16,966 | -€1,341 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €153,636 | €120,386 | -€33,251 | -21.6% |
| Income taxes | 67/77 | €4,403 | - | -€4,403 | |
| Profit (loss) for the period | 9904 | €149,233 | €120,386 | -€28,847 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €149,233 | €120,386 | -€28,847 | -19.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.