DK LEX: 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.
DK LEX
Largest movements
- Tangible fixed assets +€17,177
up €17,177 (+66.7%), from €25,745 to €42,922
of which Other tangible fixed assets: +€10,540
- Cash -€3,132
down €3,132 (-10.4%), from €30,038 to €26,906
mainly Investment in fixed assets (net) (-€24,130) and Receivables within one year (-€2,975)
- Receivables within one year +€2,975
up €2,975 (+32.1%), from €9,269 to €12,244
of which Trade receivables: +€1,621
- Deferred charges and accrued income +€1,782
up €1,782, from €0 to €1,782
- Profit (loss) carried forward +€18,081
up €18,081, from €0 to €18,081
- Trade debts +€1,592
up €1,592 (+1030.1%), from €155 to €1,747
- Gross operating margin -€7,125
down €7,125 (-17.9%), from €39,711 to €32,586
- Depreciation +€5,042
up €5,042 (+263.7%), from €1,912 to €6,954
- Taxes -€4,635
down €4,635 (-43.3%), from €10,712 to €6,076
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 | €65,373 | €84,174 | +€18,801 | +28.8% |
| Fixed assets | 21/28 | €26,065 | €43,242 | +€17,177 | +65.9% |
| Tangible fixed assets | 22/27 | €25,745 | €42,922 | +€17,177 | +66.7% |
| Plant, machinery and equipment | 23 | €1,378 | €1,020 | -€358 | -26.0% |
| Furniture and vehicles | 24 | €2,714 | €9,708 | +€6,994 | +257.7% |
| Other tangible fixed assets | 26 | €21,653 | €32,193 | +€10,540 | +48.7% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €39,308 | €40,932 | +€1,624 | +4.1% |
| Amounts receivable within one year | 40/41 | €9,269 | €12,244 | +€2,975 | +32.1% |
| Trade receivables | 40 | €9,269 | €10,890 | +€1,621 | +17.5% |
| Other amounts receivable | 41 | - | €1,354 | +€1,354 | |
| Cash at bank and in hand | 54/58 | €30,038 | €26,906 | -€3,132 | -10.4% |
| Deferred charges and accrued income | 490/1 | €0 | €1,782 | +€1,782 | |
| Total equity and liabilities | 10/49 | €65,373 | €84,174 | +€18,801 | +28.8% |
| Equity | 10/15 | €49,537 | €67,618 | +€18,081 | +36.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €48,037 | €48,037 | = | 0.0% |
| Distributable reserves | 133 | €48,037 | €48,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €18,081 | +€18,081 | |
| Amounts payable | 17/49 | €15,836 | €16,556 | +€720 | +4.5% |
| Amounts payable within one year | 42/48 | €15,836 | €16,556 | +€720 | +4.5% |
| Financial debts | 43 | €13 | €14 | +€1 | +7.7% |
| Credit institutions | 430/8 | €13 | €14 | +€1 | +7.7% |
| Trade debts | 44 | €155 | €1,747 | +€1,592 | +1030.1% |
| Suppliers | 440/4 | €155 | €1,747 | +€1,592 | +1030.1% |
| Taxes, remuneration and social security | 45 | €14,748 | €13,962 | -€786 | -5.3% |
| Taxes | 450/3 | €12,948 | €13,962 | +€1,014 | +7.8% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100.0% |
| Other amounts payable | 47/48 | €920 | €833 | -€87 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,912 | €6,954 | +€5,042 | +263.7% |
| Other operating charges | 640/8 | €528 | €671 | +€143 | +27.1% |
| Gross operating margin | 9900 | €39,711 | €32,586 | -€7,125 | -17.9% |
| Operating profit (loss) | 9901 | €37,271 | €24,962 | -€12,309 | -33.0% |
| Financial income | 75/76B | €90 | €91 | +€1 | +1.5% |
| Recurring financial income | 75 | €90 | €91 | +€1 | +1.5% |
| Financial charges | 65/66B | €294 | €63 | -€231 | -78.6% |
| Recurring financial charges | 65 | €294 | €63 | -€231 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | €37,067 | €24,990 | -€12,077 | -32.6% |
| Income taxes | 67/77 | €10,712 | €6,076 | -€4,635 | -43.3% |
| Profit (loss) for the period | 9904 | €26,356 | €18,914 | -€7,442 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,356 | €18,914 | -€7,442 | -28.2% |
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 29 September 2026 via checked.be.