DENT2LAIT: 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.
DENT2LAIT
Largest movements
- Cash -€91,551
no longer reported in 2025 (was €91,551)
mainly Contributions, distributions and other (-€131,875) and Investment in fixed assets (net) (-€94,910)
- Tangible fixed assets +€52,797
up €52,797 (+24.9%), from €211,925 to €264,722
of which Plant, machinery and equipment: +€68,136
- Deferred charges and accrued income +€19,434
up €19,434 (+23.0%), from €84,515 to €103,949
- Receivables within one year +€7,062
up €7,062 (+141.2%), from €5,000 to €12,062
- Current portion of long-term debt -€28,727
down €28,727 (-37.9%), from €75,823 to €47,096
- Short-term financial debts +€18,998
up €18,998 (+22.4%), from €85,000 to €103,998
- Debts after one year -€14,908
down €14,908 (-11.1%), from €134,728 to €119,820
- Accrued charges and deferred income +€9,462
up €9,462 (+21.7%), from €43,630 to €53,093
- Gross operating margin -€58,065
down €58,065 (-11.5%), from €503,305 to €445,240
- Taxes -€15,371
down €15,371 (-25.8%), from €59,673 to €44,302
- Depreciation -€12,244
down €12,244 (-22.5%), from €54,357 to €42,113
- Staff costs +€8,059
up €8,059 (+4.0%), from €202,117 to €210,175
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €406,491 | €394,232 | -€12,259 | -3.0% |
| Fixed assets | 21/28 | €222,425 | €275,222 | +€52,797 | +23.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €211,925 | €264,722 | +€52,797 | +24.9% |
| Plant, machinery and equipment | 23 | €123,863 | €191,999 | +€68,136 | +55.0% |
| Furniture and vehicles | 24 | €87,252 | €71,913 | -€15,339 | -17.6% |
| Other tangible fixed assets | 26 | €810 | €810 | = | 0.0% |
| Financial fixed assets | 28 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €184,066 | €119,010 | -€65,056 | -35.3% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,000 | €12,062 | +€7,062 | +141.2% |
| Other amounts receivable | 41 | €5,000 | €12,062 | +€7,062 | +141.2% |
| Cash at bank and in hand | 54/58 | €91,551 | - | -€91,551 | |
| Deferred charges and accrued income | 490/1 | €84,515 | €103,949 | +€19,434 | +23.0% |
| Total equity and liabilities | 10/49 | €406,491 | €394,232 | -€12,259 | -3.0% |
| Equity | 10/15 | €55,643 | €56,455 | +€812 | +1.5% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Capital | 10 | €55,000 | €55,000 | = | 0.0% |
| Issued capital | 100 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €643 | €1,455 | +€812 | +126.2% |
| Amounts payable | 17/49 | €350,848 | €337,777 | -€13,071 | -3.7% |
| Amounts payable after more than one year | 17 | €134,728 | €119,820 | -€14,908 | -11.1% |
| Financial debts | 170/4 | €134,728 | €119,820 | -€14,908 | -11.1% |
| Amounts payable within one year | 42/48 | €172,489 | €164,864 | -€7,625 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €75,823 | €47,096 | -€28,727 | -37.9% |
| Financial debts | 43 | €85,000 | €103,998 | +€18,998 | +22.4% |
| Other loans | 439 | €85,000 | €103,998 | +€18,998 | +22.4% |
| Trade debts | 44 | €6,078 | €6,749 | +€670 | +11.0% |
| Suppliers | 440/4 | €6,078 | €6,749 | +€670 | +11.0% |
| Taxes, remuneration and social security | 45 | €5,006 | €6,441 | +€1,434 | +28.7% |
| Taxes | 450/3 | - | €6,441 | +€6,441 | |
| Remuneration and social security | 454/9 | €5,006 | - | -€5,006 | |
| Other amounts payable | 47/48 | €581 | €581 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €43,630 | €53,093 | +€9,462 | +21.7% |
| Remuneration, social security and pensions | 62 | €202,117 | €210,175 | +€8,059 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,357 | €42,113 | -€12,244 | -22.5% |
| Other operating charges | 640/8 | €3,176 | €3,590 | +€414 | +13.0% |
| Gross operating margin | 9900 | €503,305 | €445,240 | -€58,065 | -11.5% |
| Operating profit (loss) | 9901 | €243,656 | €189,362 | -€54,294 | -22.3% |
| Financial income | 75/76B | €113 | €0 | -€113 | -99.8% |
| Recurring financial income | 75 | €113 | €0 | -€113 | -99.8% |
| Financial charges | 65/66B | €13,452 | €12,374 | -€1,079 | -8.0% |
| Recurring financial charges | 65 | €13,452 | €12,374 | -€1,079 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €230,317 | €176,989 | -€53,328 | -23.2% |
| Income taxes | 67/77 | €59,673 | €44,302 | -€15,371 | -25.8% |
| Profit (loss) for the period | 9904 | €170,643 | €132,686 | -€37,957 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €170,643 | €132,686 | -€37,957 | -22.2% |
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 5 October 2026 via checked.be.