DGL Analytics: 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.
DGL Analytics
Largest movements
- Tangible fixed assets -€10,360
down €10,360 (-27.0%), from €38,400 to €28,039
- Cash +€7,787
up €7,787 (+77.2%), from €10,082 to €17,869
mainly Net result for the year (+€11,549) and Depreciation (+€11,106)
- Deferred charges and accrued income +€4,005
up €4,005 (+174.2%), from €2,300 to €6,305
- Receivables within one year +€2,125
up €2,125 (+7.7%), from €27,440 to €29,565
of which Trade receivables: +€5,364
- Profit (loss) carried forward +€11,549
up €11,549 (+38.5%), from €30,030 to €41,579
- Debts after one year -€4,984
down €4,984 (-35.1%), from €14,189 to €9,205
- Accrued charges and deferred income -€2,928
no longer reported in 2025 (was €2,928)
- Trade debts +€1,144
up €1,144 (+69.8%), from €1,640 to €2,784
- Tax, wage and social debts -€984
down €984 (-6.7%), from €14,723 to €13,739
- Gross operating margin +€16,993
up €16,993 (+100.9%), from €16,837 to €33,830
- Depreciation +€3,901
up €3,901 (+54.1%), from €7,205 to €11,106
- Financial charges +€3,202
up €3,202 (+106.6%), from €3,004 to €6,206
- Taxes +€2,869
up €2,869 (+203.6%), from €1,409 to €4,278
- Other operating charges -€1,259
down €1,259 (-53.6%), from €2,348 to €1,089
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 | €78,701 | €82,690 | +€3,989 | +5.1% |
| Fixed assets | 21/28 | €38,880 | €28,951 | -€9,928 | -25.5% |
| Intangible fixed assets | 21 | €480 | €360 | -€120 | -25.0% |
| Tangible fixed assets | 22/27 | €38,400 | €28,039 | -€10,360 | -27.0% |
| Plant, machinery and equipment | 23 | €23,800 | €19,235 | -€4,565 | -19.2% |
| Furniture and vehicles | 24 | €6,890 | €3,022 | -€3,868 | -56.1% |
| Leasing and similar rights | 25 | €7,710 | €5,782 | -€1,927 | -25.0% |
| Financial fixed assets | 28 | - | €552 | +€552 | |
| Current assets | 29/58 | €39,821 | €53,739 | +€13,918 | +35.0% |
| Amounts receivable within one year | 40/41 | €27,440 | €29,565 | +€2,125 | +7.7% |
| Trade receivables | 40 | €18,302 | €23,666 | +€5,364 | +29.3% |
| Other amounts receivable | 41 | €9,138 | €5,899 | -€3,239 | -35.4% |
| Cash at bank and in hand | 54/58 | €10,082 | €17,869 | +€7,787 | +77.2% |
| Deferred charges and accrued income | 490/1 | €2,300 | €6,305 | +€4,005 | +174.2% |
| Total equity and liabilities | 10/49 | €78,701 | €82,690 | +€3,989 | +5.1% |
| Equity | 10/15 | €35,030 | €46,579 | +€11,549 | +33.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,030 | €41,579 | +€11,549 | +38.5% |
| Amounts payable | 17/49 | €43,671 | €36,112 | -€7,560 | -17.3% |
| Amounts payable after more than one year | 17 | €14,189 | €9,205 | -€4,984 | -35.1% |
| Financial debts | 170/4 | €14,189 | €9,205 | -€4,984 | -35.1% |
| Amounts payable within one year | 42/48 | €26,555 | €26,906 | +€352 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €4,792 | €4,984 | +€192 | +4.0% |
| Trade debts | 44 | €1,640 | €2,784 | +€1,144 | +69.8% |
| Suppliers | 440/4 | €1,640 | €2,784 | +€1,144 | +69.8% |
| Taxes, remuneration and social security | 45 | €14,723 | €13,739 | -€984 | -6.7% |
| Taxes | 450/3 | €14,723 | €13,739 | -€984 | -6.7% |
| Other amounts payable | 47/48 | €5,400 | €5,400 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,928 | - | -€2,928 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,205 | €11,106 | +€3,901 | +54.1% |
| Other operating charges | 640/8 | €2,348 | €1,089 | -€1,259 | -53.6% |
| Gross operating margin | 9900 | €16,837 | €33,830 | +€16,993 | +100.9% |
| Operating profit (loss) | 9901 | €7,284 | €21,636 | +€14,351 | +197.0% |
| Financial income | 75/76B | €613 | €398 | -€215 | -35.1% |
| Recurring financial income | 75 | €613 | €398 | -€215 | -35.1% |
| Financial charges | 65/66B | €3,004 | €6,206 | +€3,202 | +106.6% |
| Recurring financial charges | 65 | €3,004 | €6,206 | +€3,202 | +106.6% |
| Profit (loss) for the period before taxes | 9903 | €4,893 | €15,827 | +€10,934 | +223.5% |
| Income taxes | 67/77 | €1,409 | €4,278 | +€2,869 | +203.6% |
| Profit (loss) for the period | 9904 | €3,484 | €11,549 | +€8,065 | +231.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,484 | €11,549 | +€8,065 | +231.5% |
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.