DKL-PROJECTS: 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.
DKL-PROJECTS
Largest movements
- Tangible fixed assets -€53,353
down €53,353 (-11.5%), from €462,618 to €409,265
of which Furniture and vehicles: -€39,120
- Receivables within one year +€23,544
up €23,544 (+10.4%), from €227,073 to €250,617
of which Trade receivables: +€44,685
- Debts after one year -€75,891
down €75,891 (-27.2%), from €279,143 to €203,252
of which Financial debts: -€55,891
- Other debts +€47,358
up €47,358 (+74.7%), from €63,421 to €110,779
- Depreciation +€19,377
up €19,377 (+52.9%), from €36,622 to €55,999
- Gross operating margin -€7,578
down €7,578 (-9.1%), from €83,224 to €75,646
- Taxes -€3,344
down €3,344 (-38.9%), from €8,596 to €5,252
- Financial income -€1,697
down €1,697 (-94.9%), from €1,788 to €91
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 | €717,408 | €683,381 | -€34,027 | -4.7% |
| Fixed assets | 21/28 | €477,618 | €424,265 | -€53,353 | -11.2% |
| Tangible fixed assets | 22/27 | €462,618 | €409,265 | -€53,353 | -11.5% |
| Land and buildings | 22 | €209,048 | €201,539 | -€7,509 | -3.6% |
| Plant, machinery and equipment | 23 | - | €2,395 | +€2,395 | |
| Furniture and vehicles | 24 | €166,307 | €127,187 | -€39,120 | -23.5% |
| Other tangible fixed assets | 26 | €87,263 | €78,145 | -€9,119 | -10.4% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €239,790 | €259,116 | +€19,326 | +8.1% |
| Amounts receivable within one year | 40/41 | €227,073 | €250,617 | +€23,544 | +10.4% |
| Trade receivables | 40 | €29,688 | €74,372 | +€44,685 | +150.5% |
| Other amounts receivable | 41 | €197,385 | €176,245 | -€21,141 | -10.7% |
| Cash at bank and in hand | 54/58 | €10,493 | €7,517 | -€2,976 | -28.4% |
| Deferred charges and accrued income | 490/1 | €2,223 | €982 | -€1,241 | -55.8% |
| Total equity and liabilities | 10/49 | €717,408 | €683,381 | -€34,027 | -4.7% |
| Equity | 10/15 | €271,762 | €268,534 | -€3,228 | -1.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €251,762 | €248,534 | -€3,228 | -1.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €249,762 | €246,534 | -€3,228 | -1.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €445,646 | €414,847 | -€30,799 | -6.9% |
| Amounts payable after more than one year | 17 | €279,143 | €203,252 | -€75,891 | -27.2% |
| Financial debts | 170/4 | €259,143 | €203,252 | -€55,891 | -21.6% |
| Other amounts payable | 178/9 | €20,000 | €0 | -€20,000 | -100.0% |
| Amounts payable within one year | 42/48 | €165,420 | €211,595 | +€46,174 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €54,550 | €56,249 | +€1,699 | +3.1% |
| Financial debts | 43 | - | €841 | +€841 | |
| Credit institutions | 430/8 | - | €841 | +€841 | |
| Trade debts | 44 | €31,780 | €29,426 | -€2,354 | -7.4% |
| Suppliers | 440/4 | €31,780 | €29,426 | -€2,354 | -7.4% |
| Advances received on contracts in progress | 46 | €285 | €0 | -€285 | -100.0% |
| Taxes, remuneration and social security | 45 | €15,384 | €14,300 | -€1,084 | -7.0% |
| Taxes | 450/3 | €15,384 | €14,300 | -€1,084 | -7.0% |
| Other amounts payable | 47/48 | €63,421 | €110,779 | +€47,358 | +74.7% |
| Accrued charges and deferred income | 492/3 | €1,083 | €0 | -€1,083 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,622 | €55,999 | +€19,377 | +52.9% |
| Other operating charges | 640/8 | €2,871 | €2,869 | -€2 | -0.1% |
| Gross operating margin | 9900 | €83,224 | €75,646 | -€7,578 | -9.1% |
| Operating profit (loss) | 9901 | €43,730 | €16,777 | -€26,953 | -61.6% |
| Financial income | 75/76B | €1,788 | €91 | -€1,697 | -94.9% |
| Recurring financial income | 75 | €1,788 | €91 | -€1,697 | -94.9% |
| Financial charges | 65/66B | €14,843 | €14,011 | -€832 | -5.6% |
| Recurring financial charges | 65 | €14,843 | €14,011 | -€832 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €30,675 | €2,857 | -€27,818 | -90.7% |
| Income taxes | 67/77 | €8,596 | €5,252 | -€3,344 | -38.9% |
| Profit (loss) for the period | 9904 | €22,079 | -€2,395 | -€24,474 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,079 | -€2,395 | -€24,474 |
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 11 October 2026 via checked.be.