De 4 Daltons: 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.
De 4 Daltons
Largest movements
- Tangible fixed assets -€81,659
down €81,659 (-3.9%), from €2.1m to €2.0m
- Cash +€48,817
up €48,817 (+239.0%), from €20,426 to €69,242
mainly Depreciation (+€81,659) and Trade debts (+€5,763)
- Debts after one year -€38,410
down €38,410 (-10.4%), from €368,549 to €330,139
- Other operating charges -€262,800
down €262,800 (-96.7%), from €271,789 to €8,989
- Gross operating margin +€33,719
up €33,719 (+34.3%), from €98,322 to €132,041
- Depreciation +€21,916
up €21,916 (+36.7%), from €59,743 to €81,659
- Financial charges +€12,165
up €12,165 (+2397.1%), from €508 to €12,673
- Staff costs +€6,122
up €6,122 (+27.4%), from €22,332 to €28,454
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 | €2,105,990 | €2,075,724 | -€30,266 | -1.4% |
| Fixed assets | 21/28 | €2,081,122 | €1,999,463 | -€81,659 | -3.9% |
| Tangible fixed assets | 22/27 | €2,081,122 | €1,999,463 | -€81,659 | -3.9% |
| Land and buildings | 22 | €2,081,122 | €1,999,463 | -€81,659 | -3.9% |
| Current assets | 29/58 | €24,868 | €76,261 | +€51,393 | +206.7% |
| Amounts receivable within one year | 40/41 | €2,691 | €6,659 | +€3,968 | +147.4% |
| Trade receivables | 40 | €2,246 | €6,201 | +€3,955 | +176.1% |
| Other amounts receivable | 41 | €446 | €458 | +€12 | +2.7% |
| Cash at bank and in hand | 54/58 | €20,426 | €69,242 | +€48,817 | +239.0% |
| Deferred charges and accrued income | 490/1 | €1,752 | €360 | -€1,392 | -79.4% |
| Total equity and liabilities | 10/49 | €2,105,990 | €2,075,724 | -€30,266 | -1.4% |
| Equity | 10/15 | -€253,545 | -€253,262 | +€283 | +0.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€256,045 | -€255,762 | +€283 | +0.1% |
| Amounts payable | 17/49 | €2,359,535 | €2,328,986 | -€30,549 | -1.3% |
| Amounts payable after more than one year | 17 | €368,549 | €330,139 | -€38,410 | -10.4% |
| Financial debts | 170/4 | €368,549 | €330,139 | -€38,410 | -10.4% |
| Amounts payable within one year | 42/48 | €1,989,991 | €1,997,459 | +€7,468 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €31,451 | €35,503 | +€4,052 | +12.9% |
| Trade debts | 44 | €3,538 | €9,301 | +€5,763 | +162.9% |
| Suppliers | 440/4 | €3,538 | €9,301 | +€5,763 | +162.9% |
| Taxes, remuneration and social security | 45 | €1,894 | €655 | -€1,240 | -65.4% |
| Taxes | 450/3 | €216 | €547 | +€330 | +152.7% |
| Remuneration and social security | 454/9 | €1,678 | €108 | -€1,570 | -93.6% |
| Other amounts payable | 47/48 | €1,953,108 | €1,952,001 | -€1,107 | -0.1% |
| Accrued charges and deferred income | 492/3 | €995 | €1,388 | +€392 | +39.4% |
| Remuneration, social security and pensions | 62 | €22,332 | €28,454 | +€6,122 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,743 | €81,659 | +€21,916 | +36.7% |
| Other operating charges | 640/8 | €271,789 | €8,989 | -€262,800 | -96.7% |
| Gross operating margin | 9900 | €98,322 | €132,041 | +€33,719 | +34.3% |
| Operating profit (loss) | 9901 | -€255,542 | €12,938 | +€268,480 | |
| Financial income | 75/76B | €5 | €18 | +€13 | +259.6% |
| Recurring financial income | 75 | €5 | €18 | +€13 | +259.6% |
| Financial charges | 65/66B | €508 | €12,673 | +€12,165 | +2397.1% |
| Recurring financial charges | 65 | €508 | €12,673 | +€12,165 | +2397.1% |
| Profit (loss) for the period before taxes | 9903 | -€256,045 | €283 | +€256,328 | |
| Profit (loss) for the period | 9904 | -€256,045 | €283 | +€256,328 | |
| Profit (loss) for the period to be appropriated | 9905 | -€256,045 | €283 | +€256,328 |
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.