De Lork: 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.
De Lork
Largest movements
- Receivables within one year -€37,574
down €37,574 (-98.1%), from €38,307 to €733
of which Trade receivables: -€38,307
- Tangible fixed assets -€26,055
down €26,055 (-12.3%), from €212,186 to €186,131
of which Land and buildings: -€15,273
- Profit (loss) carried forward -€47,304
down €47,304 (-8.4%), from -€565,745 to -€613,050
- Trade debts -€44,645
down €44,645 (-99.4%), from €44,898 to €253
- Other debts +€34,222
up €34,222 (+10.3%), from €330,679 to €364,901
- Tax, wage and social debts -€6,903
no longer reported in 2025 (was €6,903)
of which Remuneration and social security: -€6,739
- Gross operating margin +€69,964
up €69,964 (+79.5%), from -€88,017 to -€18,054
- Staff costs -€38,105
down €38,105 (-97.0%), from €39,288 to €1,183
- Depreciation +€926
up €926 (+3.7%), from €25,128 to €26,055
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 | €252,612 | €187,981 | -€64,630 | -25.6% |
| Fixed assets | 21/28 | €213,236 | €187,181 | -€26,055 | -12.2% |
| Tangible fixed assets | 22/27 | €212,186 | €186,131 | -€26,055 | -12.3% |
| Land and buildings | 22 | €149,358 | €134,085 | -€15,273 | -10.2% |
| Plant, machinery and equipment | 23 | €46,757 | €41,332 | -€5,424 | -11.6% |
| Furniture and vehicles | 24 | €16,071 | €10,714 | -€5,357 | -33.3% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €39,376 | €800 | -€38,576 | -98.0% |
| Amounts receivable within one year | 40/41 | €38,307 | €733 | -€37,574 | -98.1% |
| Trade receivables | 40 | €38,307 | - | -€38,307 | |
| Other amounts receivable | 41 | - | €733 | +€733 | |
| Cash at bank and in hand | 54/58 | €1,069 | €67 | -€1,002 | -93.7% |
| Total equity and liabilities | 10/49 | €252,612 | €187,981 | -€64,630 | -25.6% |
| Equity | 10/15 | -€129,868 | -€177,173 | -€47,304 | -36.4% |
| Contributions | 10/11 | €421,533 | €421,533 | = | 0.0% |
| Reserves | 13 | €14,343 | €14,343 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124 | €124 | = | 0.0% |
| Distributable reserves | 133 | €14,219 | €14,219 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€565,745 | -€613,050 | -€47,304 | -8.4% |
| Amounts payable | 17/49 | €382,480 | €365,154 | -€17,326 | -4.5% |
| Amounts payable within one year | 42/48 | €382,480 | €365,154 | -€17,326 | -4.5% |
| Trade debts | 44 | €44,898 | €253 | -€44,645 | -99.4% |
| Suppliers | 440/4 | €44,898 | €253 | -€44,645 | -99.4% |
| Taxes, remuneration and social security | 45 | €6,903 | - | -€6,903 | |
| Taxes | 450/3 | €164 | - | -€164 | |
| Remuneration and social security | 454/9 | €6,739 | - | -€6,739 | |
| Other amounts payable | 47/48 | €330,679 | €364,901 | +€34,222 | +10.3% |
| Remuneration, social security and pensions | 62 | €39,288 | €1,183 | -€38,105 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,128 | €26,055 | +€926 | +3.7% |
| Other operating charges | 640/8 | €967 | €1,135 | +€168 | +17.3% |
| Non-recurring operating charges | 66A | €1,457 | - | -€1,457 | |
| Gross operating margin | 9900 | -€88,017 | -€18,054 | +€69,964 | +79.5% |
| Operating profit (loss) | 9901 | -€154,858 | -€46,426 | +€108,432 | +70.0% |
| Financial income | 75/76B | €214 | €14 | -€199 | -93.2% |
| Recurring financial income | 75 | €214 | €14 | -€199 | -93.2% |
| Financial charges | 65/66B | €859 | €893 | +€34 | +3.9% |
| Recurring financial charges | 65 | €859 | €893 | +€34 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€155,503 | -€47,304 | +€108,199 | +69.6% |
| Profit (loss) for the period | 9904 | -€155,503 | -€47,304 | +€108,199 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€155,503 | -€47,304 | +€108,199 | +69.6% |
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 6 October 2026 via checked.be.