DGFLO: 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.
DGFLO
Largest movements
- Tangible fixed assets -€32,603
down €32,603 (-28.6%), from €114,143 to €81,540
of which Plant, machinery and equipment: -€17,148
- Receivables within one year +€15,559
up €15,559 (+60.6%), from €25,688 to €41,247
of which Trade receivables: +€17,229
- Stocks and contracts -€4,466
down €4,466 (-40.6%), from €11,008 to €6,542
- Cash -€3,227
down €3,227 (-12.8%), from €25,247 to €22,020
mainly Debts after one year (-€22,859) and Current portion of long-term debt (-€17,885)
- Debts after one year -€22,859
down €22,859 (-36.9%), from €61,955 to €39,096
- Current portion of long-term debt -€17,885
down €17,885 (-41.0%), from €43,628 to €25,743
- Profit (loss) carried forward +€13,415
up €13,415 (+27.3%), from €49,136 to €62,551
- Trade debts +€6,122
up €6,122 (+164.4%), from €3,725 to €9,847
- Other debts -€5,254
down €5,254 (-39.0%), from €13,484 to €8,230
- Gross operating margin +€22,535
up €22,535 (+52.6%), from €42,881 to €65,415
- Depreciation -€14,201
down €14,201 (-31.4%), from €45,204 to €31,004
- Staff costs +€6,426
up €6,426 (+176.5%), from €3,640 to €10,066
- Taxes +€2,182
new in 2025: €2,182
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 | €176,985 | €152,569 | -€24,416 | -13.8% |
| Fixed assets | 21/28 | €114,143 | €81,540 | -€32,603 | -28.6% |
| Tangible fixed assets | 22/27 | €114,143 | €81,540 | -€32,603 | -28.6% |
| Plant, machinery and equipment | 23 | €57,620 | €40,472 | -€17,148 | -29.8% |
| Furniture and vehicles | 24 | €43,230 | €33,508 | -€9,722 | -22.5% |
| Leasing and similar rights | 25 | €9,594 | €4,771 | -€4,824 | -50.3% |
| Other tangible fixed assets | 26 | €3,700 | €2,790 | -€910 | -24.6% |
| Current assets | 29/58 | €62,841 | €71,029 | +€8,187 | +13.0% |
| Stocks and contracts in progress | 3 | €11,008 | €6,542 | -€4,466 | -40.6% |
| Stocks | 30/36 | €11,008 | €6,542 | -€4,466 | -40.6% |
| Amounts receivable within one year | 40/41 | €25,688 | €41,247 | +€15,559 | +60.6% |
| Trade receivables | 40 | €20,760 | €37,990 | +€17,229 | +83.0% |
| Other amounts receivable | 41 | €4,927 | €3,257 | -€1,670 | -33.9% |
| Cash at bank and in hand | 54/58 | €25,247 | €22,020 | -€3,227 | -12.8% |
| Deferred charges and accrued income | 490/1 | €898 | €1,220 | +€321 | +35.8% |
| Total equity and liabilities | 10/49 | €176,985 | €152,569 | -€24,416 | -13.8% |
| Equity | 10/15 | €53,136 | €66,551 | +€13,415 | +25.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,136 | €62,551 | +€13,415 | +27.3% |
| Amounts payable | 17/49 | €123,849 | €86,018 | -€37,831 | -30.5% |
| Amounts payable after more than one year | 17 | €61,955 | €39,096 | -€22,859 | -36.9% |
| Financial debts | 170/4 | €61,955 | €39,096 | -€22,859 | -36.9% |
| Amounts payable within one year | 42/48 | €61,574 | €46,891 | -€14,683 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €43,628 | €25,743 | -€17,885 | -41.0% |
| Trade debts | 44 | €3,725 | €9,847 | +€6,122 | +164.4% |
| Suppliers | 440/4 | €3,725 | €9,847 | +€6,122 | +164.4% |
| Taxes, remuneration and social security | 45 | €737 | €3,071 | +€2,334 | +316.6% |
| Taxes | 450/3 | - | €2,071 | +€2,071 | |
| Remuneration and social security | 454/9 | €737 | €1,000 | +€263 | +35.7% |
| Other amounts payable | 47/48 | €13,484 | €8,230 | -€5,254 | -39.0% |
| Accrued charges and deferred income | 492/3 | €320 | €31 | -€289 | -90.3% |
| Non-recurring operating income | 76A | €37,775 | - | -€37,775 | |
| Remuneration, social security and pensions | 62 | €3,640 | €10,066 | +€6,426 | +176.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,204 | €31,004 | -€14,201 | -31.4% |
| Other operating charges | 640/8 | €1,372 | €1,826 | +€454 | +33.1% |
| Non-recurring operating charges | 66A | - | €3,895 | +€3,895 | |
| Gross operating margin | 9900 | €42,881 | €65,415 | +€22,535 | +52.6% |
| Operating profit (loss) | 9901 | -€7,336 | €18,625 | +€25,960 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -97.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -97.0% |
| Financial charges | 65/66B | €3,160 | €3,028 | -€132 | -4.2% |
| Recurring financial charges | 65 | €3,160 | €3,028 | -€132 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,494 | €15,597 | +€26,092 | |
| Income taxes | 67/77 | - | €2,182 | +€2,182 | |
| Profit (loss) for the period | 9904 | -€10,494 | €13,415 | +€23,910 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,494 | €13,415 | +€23,910 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.