DJ&L: what changed
Two financial 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.
DJ&L
Largest movements
- Receivables within one year +€154,504
up €154,504 (+606.4%), from €25,479 to €179,983
of which Other amounts receivable: +€149,949
- Cash +€24,458
up €24,458 (+26.8%), from €91,419 to €115,877
mainly Debts after one year (+€168,831) and Other debts (+€140,020)
- Tangible fixed assets -€21,046
down €21,046 (-51.3%), from €41,029 to €19,983
of which Furniture and vehicles: -€14,057
- Debts after one year +€168,831
up €168,831 (+2736.8%), from €6,169 to €175,000
- Reserves -€150,284
down €150,284 (-26.7%), from €562,933 to €412,649
- Other debts +€140,020
up €140,020 (+115.1%), from €121,610 to €261,630
- Financial charges +€5,667
up €5,667 (+63.8%), from €8,881 to €14,548
- Gross operating margin +€4,264
up €4,264 (+11.7%), from €36,579 to €40,843
- Financial income +€3,671
up €3,671 (+257.9%), from €1,423 to €5,094
- Taxes +€1,506
up €1,506 (+41.1%), from €3,667 to €5,174
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 | €749,998 | €907,403 | +€157,405 | +21.0% |
| Fixed assets | 21/28 | €591,029 | €569,983 | -€21,046 | -3.6% |
| Tangible fixed assets | 22/27 | €41,029 | €19,983 | -€21,046 | -51.3% |
| Plant, machinery and equipment | 23 | €344 | €136 | -€208 | -60.5% |
| Furniture and vehicles | 24 | €20,008 | €5,950 | -€14,057 | -70.3% |
| Other tangible fixed assets | 26 | €20,678 | €13,897 | -€6,781 | -32.8% |
| Financial fixed assets | 28 | €550,000 | €550,000 | = | 0.0% |
| Current assets | 29/58 | €158,969 | €337,420 | +€178,451 | +112.3% |
| Amounts receivable within one year | 40/41 | €25,479 | €179,983 | +€154,504 | +606.4% |
| Trade receivables | 40 | €23,740 | €28,295 | +€4,555 | +19.2% |
| Other amounts receivable | 41 | €1,739 | €151,687 | +€149,949 | +8625.1% |
| Current investments | 50/53 | €33,852 | €33,437 | -€415 | -1.2% |
| Cash at bank and in hand | 54/58 | €91,419 | €115,877 | +€24,458 | +26.8% |
| Deferred charges and accrued income | 490/1 | €8,219 | €8,124 | -€96 | -1.2% |
| Total equity and liabilities | 10/49 | €749,998 | €907,403 | +€157,405 | +21.0% |
| Equity | 10/15 | €569,133 | €418,849 | -€150,284 | -26.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €562,933 | €412,649 | -€150,284 | -26.7% |
| Distributable reserves | 133 | €562,933 | €412,649 | -€150,284 | -26.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €180,865 | €488,554 | +€307,689 | +170.1% |
| Amounts payable after more than one year | 17 | €6,169 | €175,000 | +€168,831 | +2736.8% |
| Financial debts | 170/4 | €6,169 | €175,000 | +€168,831 | +2736.8% |
| Amounts payable within one year | 42/48 | €167,432 | €301,977 | +€134,545 | +80.4% |
| Current portion of amounts payable after more than one year | 42 | €12,264 | €6,169 | -€6,095 | -49.7% |
| Trade debts | 44 | €7,563 | €2,816 | -€4,748 | -62.8% |
| Suppliers | 440/4 | €7,563 | €2,816 | -€4,748 | -62.8% |
| Taxes, remuneration and social security | 45 | €25,994 | €31,362 | +€5,367 | +20.6% |
| Taxes | 450/3 | €22,944 | €31,362 | +€8,417 | +36.7% |
| Remuneration and social security | 454/9 | €3,050 | €0 | -€3,050 | -100.0% |
| Other amounts payable | 47/48 | €121,610 | €261,630 | +€140,020 | +115.1% |
| Accrued charges and deferred income | 492/3 | €7,264 | €11,577 | +€4,313 | +59.4% |
| Non-recurring operating income | 76A | - | €1,771 | +€1,771 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,411 | €23,314 | -€96 | -0.4% |
| Other operating charges | 640/8 | €1,868 | €1,998 | +€130 | +6.9% |
| Non-recurring operating charges | 66A | - | €401 | +€401 | |
| Gross operating margin | 9900 | €36,579 | €40,843 | +€4,264 | +11.7% |
| Operating profit (loss) | 9901 | €11,300 | €15,130 | +€3,830 | +33.9% |
| Financial income | 75/76B | €1,423 | €5,094 | +€3,671 | +257.9% |
| Recurring financial income | 75 | €1,423 | €5,094 | +€3,671 | +257.9% |
| Financial charges | 65/66B | €8,881 | €14,548 | +€5,667 | +63.8% |
| Recurring financial charges | 65 | €8,881 | €14,548 | +€5,667 | +63.8% |
| Profit (loss) for the period before taxes | 9903 | €3,842 | €5,675 | +€1,833 | +47.7% |
| Income taxes | 67/77 | €3,667 | €5,174 | +€1,506 | +41.1% |
| Profit (loss) for the period | 9904 | €175 | €501 | +€327 | +187.2% |
| Profit (loss) for the period to be appropriated | 9905 | €175 | €501 | +€327 | +187.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.