De Dielis: 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 Dielis
Largest movements
- Tangible fixed assets -€67,856
down €67,856 (-15.9%), from €425,955 to €358,099
of which Land and buildings: -€63,490
- Receivables within one year +€8,232
up €8,232 (+500%), from €1,646 to €9,877
of which Trade receivables: +€5,626
- Debts after one year -€41,569
down €41,569 (-13.1%), from €317,392 to €275,823
- Profit (loss) carried forward -€33,052
down €33,052 (-118%), from -€28,104 to -€61,156
- Other debts +€25,336
up €25,336 (+55.5%), from €45,635 to €70,970
- Investment grants -€5,584
down €5,584 (-18.8%), from €29,764 to €24,179
- Current portion of long-term debt +€5,400
up €5,400 (+23.9%), from €22,573 to €27,973
- Gross operating margin -€8,903
down €8,903 (-14.0%), from €63,733 to €54,829
- Financial charges -€6,133
down €6,133 (-30.0%), from €20,463 to €14,330
- Depreciation +€2,976
up €2,976 (+4.0%), from €74,486 to €77,462
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.
Derived cash bridge
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 | €428,856 | €370,693 | -€58,163 | -13.6% |
| Fixed assets | 21/28 | €426,205 | €358,349 | -€67,856 | -15.9% |
| Tangible fixed assets | 22/27 | €425,955 | €358,099 | -€67,856 | -15.9% |
| Land and buildings | 22 | €364,572 | €301,082 | -€63,490 | -17.4% |
| Plant, machinery and equipment | 23 | €53,270 | €52,455 | -€815 | -1.5% |
| Furniture and vehicles | 24 | €8,113 | €4,562 | -€3,551 | -43.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €2,651 | €12,344 | +€9,693 | +366% |
| Amounts receivable within one year | 40/41 | €1,646 | €9,877 | +€8,232 | +500% |
| Trade receivables | 40 | €700 | €6,326 | +€5,626 | +804% |
| Other amounts receivable | 41 | €946 | €3,551 | +€2,605 | +276% |
| Cash at bank and in hand | 54/58 | - | €2,467 | +€2,467 | |
| Deferred charges and accrued income | 490/1 | €1,006 | €0 | -€1,006 | -100% |
| Total equity and liabilities | 10/49 | €428,856 | €370,693 | -€58,163 | -13.6% |
| Equity | 10/15 | €20,260 | -€18,377 | -€38,637 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,104 | -€61,156 | -€33,052 | -118% |
| Investment grants | 15 | €29,764 | €24,179 | -€5,584 | -18.8% |
| Provisions and deferred taxes | 16 | €15,326 | €12,450 | -€2,876 | -18.8% |
| Deferred taxes | 168 | €15,326 | €12,450 | -€2,876 | -18.8% |
| Amounts payable | 17/49 | €393,270 | €376,620 | -€16,651 | -4.2% |
| Amounts payable after more than one year | 17 | €317,392 | €275,823 | -€41,569 | -13.1% |
| Financial debts | 170/4 | €317,392 | €275,823 | -€41,569 | -13.1% |
| Amounts payable within one year | 42/48 | €75,878 | €100,797 | +€24,918 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €22,573 | €27,973 | +€5,400 | +23.9% |
| Financial debts | 43 | €1,775 | €0 | -€1,775 | -100% |
| Credit institutions | 430/8 | €1,775 | €0 | -€1,775 | -100% |
| Trade debts | 44 | €1,922 | €0 | -€1,922 | -100% |
| Suppliers | 440/4 | €1,922 | €0 | -€1,922 | -100% |
| Taxes, remuneration and social security | 45 | €3,974 | €1,853 | -€2,121 | -53.4% |
| Taxes | 450/3 | €3,974 | €1,853 | -€2,121 | -53.4% |
| Other amounts payable | 47/48 | €45,635 | €70,970 | +€25,336 | +55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,486 | €77,462 | +€2,976 | +4.0% |
| Other operating charges | 640/8 | €4,106 | €4,564 | +€458 | +11.2% |
| Gross operating margin | 9900 | €63,733 | €54,829 | -€8,903 | -14.0% |
| Operating profit (loss) | 9901 | -€14,859 | -€27,197 | -€12,338 | -83.0% |
| Financial income | 75/76B | €5,585 | €5,599 | +€14 | +0.2% |
| Recurring financial income | 75 | €5,585 | €5,599 | +€14 | +0.2% |
| Financial charges | 65/66B | €20,463 | €14,330 | -€6,133 | -30.0% |
| Recurring financial charges | 65 | €20,463 | €14,330 | -€6,133 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,737 | -€35,928 | -€6,191 | -20.8% |
| Transfer from deferred taxes | 780 | €2,876 | €2,876 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€26,861 | -€33,052 | -€6,191 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,861 | -€33,052 | -€6,191 | -23.0% |
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 17 October 2026 via checked.be.