DGLD: 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.
DGLD
Largest movements
- Tangible fixed assets +€766,375
up €766,375 (+99.9%), from €767,055 to €1.5m
of which Assets under construction and advance payments: +€766,375
- Receivables within one year +€285,668
up €285,668 (+2930.4%), from €9,749 to €295,417
of which Trade receivables: +€282,157
- Cash +€103,076
up €103,076 (+1990.2%), from €5,179 to €108,255
mainly Debts after one year (+€605,282) and Trade debts (+€286,061)
- Debts after one year +€605,282
up €605,282 (+93.4%), from €648,179 to €1.3m
of which Financial debts: +€435,776
- Trade debts +€286,061
up €286,061 (+80086.6%), from €357 to €286,418
- Accrued charges and deferred income +€283,800
new in 2025: €283,800
- Profit (loss) carried forward -€21,541
down €21,541 (-197.6%), from -€10,902 to -€32,443
- Financial charges +€8,548
up €8,548 (+3890.7%), from €220 to €8,768
- Gross operating margin -€2,772
down €2,772 (-30.6%), from -€9,067 to -€11,839
- Other operating charges -€371
down €371 (-46.5%), from €798 to €427
- Depreciation -€222
down €222 (-27.1%), from €817 to €596
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 | €788,634 | €1,942,236 | +€1.2m | +146.3% |
| Formation expenses | 20 | €2,162 | €1,566 | -€596 | -27.6% |
| Fixed assets | 21/28 | €767,055 | €1,533,430 | +€766,375 | +99.9% |
| Tangible fixed assets | 22/27 | €767,055 | €1,533,430 | +€766,375 | +99.9% |
| Land and buildings | 22 | €150,000 | €150,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | €617,055 | €1,383,430 | +€766,375 | +124.2% |
| Current assets | 29/58 | €19,418 | €407,240 | +€387,822 | +1997.3% |
| Amounts receivable within one year | 40/41 | €9,749 | €295,417 | +€285,668 | +2930.4% |
| Trade receivables | 40 | €1,643 | €283,800 | +€282,157 | +17171.4% |
| Other amounts receivable | 41 | €8,105 | €11,617 | +€3,511 | +43.3% |
| Cash at bank and in hand | 54/58 | €5,179 | €108,255 | +€103,076 | +1990.2% |
| Deferred charges and accrued income | 490/1 | €4,490 | €3,567 | -€923 | -20.5% |
| Total equity and liabilities | 10/49 | €788,634 | €1,942,236 | +€1.2m | +146.3% |
| Equity | 10/15 | €140,098 | €118,557 | -€21,541 | -15.4% |
| Contributions | 10/11 | €151,000 | €151,000 | = | 0.0% |
| Capital | 10 | €151,000 | €151,000 | = | 0.0% |
| Issued capital | 100 | €151,000 | €151,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,902 | -€32,443 | -€21,541 | -197.6% |
| Amounts payable | 17/49 | €648,536 | €1,823,679 | +€1.2m | +181.2% |
| Amounts payable after more than one year | 17 | €648,179 | €1,253,461 | +€605,282 | +93.4% |
| Financial debts | 170/4 | - | €435,776 | +€435,776 | |
| Other amounts payable | 178/9 | €648,179 | €817,685 | +€169,506 | +26.2% |
| Amounts payable within one year | 42/48 | €357 | €286,418 | +€286,061 | +80086.6% |
| Trade debts | 44 | €357 | €286,418 | +€286,061 | +80086.6% |
| Suppliers | 440/4 | €357 | €286,418 | +€286,061 | +80086.6% |
| Accrued charges and deferred income | 492/3 | - | €283,800 | +€283,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | €596 | -€222 | -27.1% |
| Other operating charges | 640/8 | €798 | €427 | -€371 | -46.5% |
| Gross operating margin | 9900 | -€9,067 | -€11,839 | -€2,772 | -30.6% |
| Operating profit (loss) | 9901 | -€10,683 | -€12,862 | -€2,179 | -20.4% |
| Financial income | 75/76B | €1 | €88 | +€87 | +14578.3% |
| Recurring financial income | 75 | €1 | €88 | +€87 | +14578.3% |
| Financial charges | 65/66B | €220 | €8,768 | +€8,548 | +3890.7% |
| Recurring financial charges | 65 | €220 | €8,768 | +€8,548 | +3890.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,902 | -€21,541 | -€10,639 | -97.6% |
| Profit (loss) for the period | 9904 | -€10,902 | -€21,541 | -€10,639 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,902 | -€21,541 | -€10,639 | -97.6% |
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 29 September 2026 via checked.be.