DALUK: 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.
DALUK
Largest movements
- Current investments +€825,000
new in 2025: €825,000
- Cash -€562,430
down €562,430 (-89.9%), from €625,585 to €63,155
mainly Current investments (-€825,000) and Investment in fixed assets (net) (-€8,184)
- Deferred charges and accrued income -€10,995
down €10,995 (-10.3%), from €107,143 to €96,148
- Reserves +€253,671
up €253,671 (+34.3%), from €739,132 to €992,803
- Gross operating margin -€15,338
down €15,338 (-4.3%), from €358,708 to €343,370
- Financial income -€10,291
no longer reported in 2025 (was €10,291)
- Taxes -€6,678
down €6,678 (-7.9%), from €84,999 to €78,321
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 | €770,129 | €1,027,306 | +€257,177 | +33.4% |
| Fixed assets | 21/28 | €34,312 | €33,236 | -€1,076 | -3.1% |
| Tangible fixed assets | 22/27 | €34,312 | €33,236 | -€1,076 | -3.1% |
| Plant, machinery and equipment | 23 | - | €7,502 | +€7,502 | |
| Furniture and vehicles | 24 | €34,312 | €25,734 | -€8,578 | -25.0% |
| Current assets | 29/58 | €735,817 | €994,070 | +€258,253 | +35.1% |
| Amounts receivable within one year | 40/41 | €3,089 | €9,767 | +€6,678 | +216.2% |
| Other amounts receivable | 41 | €3,089 | €9,767 | +€6,678 | +216.2% |
| Current investments | 50/53 | - | €825,000 | +€825,000 | |
| Cash at bank and in hand | 54/58 | €625,585 | €63,155 | -€562,430 | -89.9% |
| Deferred charges and accrued income | 490/1 | €107,143 | €96,148 | -€10,995 | -10.3% |
| Total equity and liabilities | 10/49 | €770,129 | €1,027,306 | +€257,177 | +33.4% |
| Equity | 10/15 | €749,132 | €1,002,803 | +€253,671 | +33.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €739,132 | €992,803 | +€253,671 | +34.3% |
| Distributable reserves | 133 | €739,132 | €992,803 | +€253,671 | +34.3% |
| Amounts payable | 17/49 | €20,997 | €24,503 | +€3,506 | +16.7% |
| Amounts payable within one year | 42/48 | €20,997 | €24,503 | +€3,506 | +16.7% |
| Financial debts | 43 | €935 | €1,036 | +€101 | +10.8% |
| Credit institutions | 430/8 | €935 | €1,036 | +€101 | +10.8% |
| Trade debts | 44 | €487 | €91 | -€396 | -81.3% |
| Suppliers | 440/4 | €487 | €91 | -€396 | -81.3% |
| Taxes, remuneration and social security | 45 | €401 | €444 | +€43 | +10.7% |
| Taxes | 450/3 | €401 | €444 | +€43 | +10.7% |
| Other amounts payable | 47/48 | €19,174 | €22,932 | +€3,758 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,578 | €9,260 | +€682 | +8.0% |
| Other operating charges | 640/8 | €514 | €550 | +€36 | +7.0% |
| Gross operating margin | 9900 | €358,708 | €343,370 | -€15,338 | -4.3% |
| Operating profit (loss) | 9901 | €349,616 | €333,560 | -€16,056 | -4.6% |
| Financial income | 75/76B | €10,291 | - | -€10,291 | |
| Recurring financial income | 75 | €10,291 | - | -€10,291 | |
| Financial charges | 65/66B | €1,422 | €1,568 | +€146 | +10.3% |
| Recurring financial charges | 65 | €1,422 | €1,568 | +€146 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €358,485 | €331,992 | -€26,493 | -7.4% |
| Income taxes | 67/77 | €84,999 | €78,321 | -€6,678 | -7.9% |
| Profit (loss) for the period | 9904 | €273,486 | €253,671 | -€19,815 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €273,486 | €253,671 | -€19,815 | -7.2% |
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.