Dalton2017: 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.
Dalton2017
Largest movements
- Cash -€79,527
down €79,527 (-74.9%), from €106,239 to €26,712
mainly Receivables within one year (-€32,113) and Accrued charges and deferred income (-€16,100)
- Receivables within one year +€32,113
up €32,113 (+1626.4%), from €1,975 to €34,088
of which Trade receivables: +€30,826
- Tangible fixed assets -€8,591
down €8,591 (-11.9%), from €72,168 to €63,578
of which Other tangible fixed assets: -€10,368
- Stocks and contracts +€2,600
up €2,600 (+23.9%), from €10,900 to €13,500
- Accrued charges and deferred income -€16,100
no longer reported in 2025 (was €16,100)
- Other debts -€14,901
down €14,901 (-16.7%), from €89,382 to €74,481
- Reserves -€13,240
down €13,240 (-77.9%), from €16,987 to €3,746
- Trade debts -€4,148
down €4,148 (-19.0%), from €21,869 to €17,721
- Tax, wage and social debts -€3,507
down €3,507 (-9.5%), from €36,944 to €33,437
of which Taxes: -€4,975
- Staff costs +€68,134
up €68,134 (+26.2%), from €260,116 to €328,250
- Gross operating margin +€28,819
up €28,819 (+9.4%), from €307,838 to €336,657
- Other operating charges +€5,339
up €5,339 (+1439.0%), from €371 to €5,710
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 | €191,282 | €139,386 | -€51,896 | -27.1% |
| Fixed assets | 21/28 | €72,168 | €63,578 | -€8,591 | -11.9% |
| Tangible fixed assets | 22/27 | €72,168 | €63,578 | -€8,591 | -11.9% |
| Plant, machinery and equipment | 23 | €8,078 | €6,946 | -€1,132 | -14.0% |
| Furniture and vehicles | 24 | - | €2,909 | +€2,909 | |
| Other tangible fixed assets | 26 | €64,090 | €53,722 | -€10,368 | -16.2% |
| Current assets | 29/58 | €119,114 | €75,808 | -€43,305 | -36.4% |
| Stocks and contracts in progress | 3 | €10,900 | €13,500 | +€2,600 | +23.9% |
| Stocks | 30/36 | €10,900 | €13,500 | +€2,600 | +23.9% |
| Amounts receivable within one year | 40/41 | €1,975 | €34,088 | +€32,113 | +1626.4% |
| Trade receivables | 40 | €1,975 | €32,801 | +€30,826 | +1561.2% |
| Other amounts receivable | 41 | - | €1,287 | +€1,287 | |
| Cash at bank and in hand | 54/58 | €106,239 | €26,712 | -€79,527 | -74.9% |
| Deferred charges and accrued income | 490/1 | - | €1,509 | +€1,509 | |
| Total equity and liabilities | 10/49 | €191,282 | €139,386 | -€51,896 | -27.1% |
| Equity | 10/15 | €26,987 | €13,746 | -€13,240 | -49.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €16,987 | €3,746 | -€13,240 | -77.9% |
| Distributable reserves | 133 | €16,987 | €3,746 | -€13,240 | -77.9% |
| Amounts payable | 17/49 | €164,295 | €125,640 | -€38,656 | -23.5% |
| Amounts payable within one year | 42/48 | €148,195 | €125,640 | -€22,556 | -15.2% |
| Trade debts | 44 | €21,869 | €17,721 | -€4,148 | -19.0% |
| Suppliers | 440/4 | €21,869 | €17,721 | -€4,148 | -19.0% |
| Taxes, remuneration and social security | 45 | €36,944 | €33,437 | -€3,507 | -9.5% |
| Taxes | 450/3 | €11,196 | €6,221 | -€4,975 | -44.4% |
| Remuneration and social security | 454/9 | €25,748 | €27,216 | +€1,468 | +5.7% |
| Other amounts payable | 47/48 | €89,382 | €74,481 | -€14,901 | -16.7% |
| Accrued charges and deferred income | 492/3 | €16,100 | - | -€16,100 | |
| Remuneration, social security and pensions | 62 | €260,116 | €328,250 | +€68,134 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,160 | €15,830 | +€1,671 | +11.8% |
| Other operating charges | 640/8 | €371 | €5,710 | +€5,339 | +1439.0% |
| Gross operating margin | 9900 | €307,838 | €336,657 | +€28,819 | +9.4% |
| Operating profit (loss) | 9901 | €33,192 | -€13,133 | -€46,325 | |
| Financial income | 75/76B | €0 | €79 | +€79 | +792500.0% |
| Recurring financial income | 75 | €0 | €79 | +€79 | +792500.0% |
| Financial charges | 65/66B | €321 | €187 | -€134 | -41.6% |
| Recurring financial charges | 65 | €321 | €187 | -€134 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €32,871 | -€13,240 | -€46,112 | |
| Profit (loss) for the period | 9904 | €32,871 | -€13,240 | -€46,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,871 | -€13,240 | -€46,112 |
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 7 October 2026 via checked.be.