DELL & CO: 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.
DELL & CO
Largest movements
- Receivables within one year +€10,417
new in 2025: €10,417
of which Other amounts receivable: +€5,643
- Cash +€1,729
up €1,729 (+15.7%), from €10,993 to €12,722
mainly Other debts (+€16,344) and Tax, wage and social debts (+€4,278)
- Tangible fixed assets -€429
down €429 (-66.7%), from €644 to €215
- Other debts +€16,344
up €16,344 (+117.9%), from €13,865 to €30,209
- Profit (loss) carried forward -€4,573
down €4,573 (-13.0%), from -€35,255 to -€39,829
- Trade debts -€4,474
down €4,474 (-42.8%), from €10,452 to €5,978
- Tax, wage and social debts +€4,278
up €4,278 (+25.3%), from €16,909 to €21,188
of which Taxes: +€12,544
- Gross operating margin +€21,713
up €21,713 (+85.1%), from €25,506 to €47,218
- Taxes +€13,475
new in 2025: €13,475
- Staff costs +€10,932
up €10,932 (+42.4%), from €25,793 to €36,725
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 | €12,172 | €23,747 | +€11,575 | +95.1% |
| Fixed assets | 21/28 | €1,007 | €578 | -€429 | -42.6% |
| Tangible fixed assets | 22/27 | €644 | €215 | -€429 | -66.7% |
| Furniture and vehicles | 24 | €644 | €215 | -€429 | -66.7% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €11,164 | €23,169 | +€12,005 | +107.5% |
| Amounts receivable within one year | 40/41 | - | €10,417 | +€10,417 | |
| Trade receivables | 40 | - | €4,774 | +€4,774 | |
| Other amounts receivable | 41 | - | €5,643 | +€5,643 | |
| Cash at bank and in hand | 54/58 | €10,993 | €12,722 | +€1,729 | +15.7% |
| Deferred charges and accrued income | 490/1 | €171 | €30 | -€141 | -82.7% |
| Total equity and liabilities | 10/49 | €12,172 | €23,747 | +€11,575 | +95.1% |
| Equity | 10/15 | -€29,055 | -€33,629 | -€4,573 | -15.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,255 | -€39,829 | -€4,573 | -13.0% |
| Amounts payable | 17/49 | €41,227 | €57,375 | +€16,149 | +39.2% |
| Amounts payable within one year | 42/48 | €41,227 | €57,375 | +€16,149 | +39.2% |
| Trade debts | 44 | €10,452 | €5,978 | -€4,474 | -42.8% |
| Suppliers | 440/4 | €10,452 | €5,978 | -€4,474 | -42.8% |
| Taxes, remuneration and social security | 45 | €16,909 | €21,188 | +€4,278 | +25.3% |
| Taxes | 450/3 | €1,180 | €13,724 | +€12,544 | +1063.0% |
| Remuneration and social security | 454/9 | €15,729 | €7,464 | -€8,266 | -52.5% |
| Other amounts payable | 47/48 | €13,865 | €30,209 | +€16,344 | +117.9% |
| Remuneration, social security and pensions | 62 | €25,793 | €36,725 | +€10,932 | +42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429 | €429 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,055 | €948 | -€107 | -10.2% |
| Gross operating margin | 9900 | €25,506 | €47,218 | +€21,713 | +85.1% |
| Operating profit (loss) | 9901 | -€1,772 | €9,116 | +€10,888 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €173 | €215 | +€41 | +23.8% |
| Recurring financial charges | 65 | €173 | €215 | +€41 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,945 | €8,901 | +€10,846 | |
| Income taxes | 67/77 | - | €13,475 | +€13,475 | |
| Profit (loss) for the period | 9904 | -€1,945 | -€4,573 | -€2,628 | -135.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,945 | -€4,573 | -€2,628 | -135.1% |
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 8 October 2026 via checked.be.