DL Boekhouding: what changed
DL Boekhouding
Largest movements
- Cash +€28,669
up €28,669 (+51.8%), from €55,347 to €84,016
mainly Trade debts (+€46,586) and Net result for the year (+€25,028)
- Receivables within one year +€13,513
up €13,513 (+7.9%), from €171,987 to €185,500
of which Other amounts receivable: +€17,440
- Tangible fixed assets -€12,166
down €12,166 (-9.3%), from €130,799 to €118,633
of which Land and buildings: -€8,730
- Trade debts +€46,586
up €46,586 (+206%), from €22,658 to €69,245
- Debts after one year -€21,358
down €21,358 (-21.0%), from €101,808 to €80,450
- Reserves +€16,516
up €16,516 (+9.9%), from €167,031 to €183,546
of which Distributable reserves: +€20,575
- Tax, wage and social debts -€6,950
down €6,950 (-37.7%), from €18,431 to €11,482
- Depreciation -€27,937
down €27,937 (-65.0%), from €43,011 to €15,074
- Gross operating margin -€24,967
down €24,967 (-28.9%), from €86,268 to €61,301
- Write-downs -€12,348
no longer reported in 2025 (was €12,348)
- Taxes +€5,367
up €5,367 (+43.8%), from €12,254 to €17,621
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,157 | €393,473 | +€33,316 | +9.3% |
| Fixed assets | 21/28 | €130,799 | €118,633 | -€12,166 | -9.3% |
| Tangible fixed assets | 22/27 | €130,799 | €118,633 | -€12,166 | -9.3% |
| Land and buildings | 22 | €121,420 | €112,689 | -€8,730 | -7.2% |
| Plant, machinery and equipment | 23 | €3,203 | €1,609 | -€1,594 | -49.8% |
| Furniture and vehicles | 24 | €6,176 | €4,334 | -€1,842 | -29.8% |
| Current assets | 29/58 | €229,358 | €274,840 | +€45,482 | +19.8% |
| Amounts receivable within one year | 40/41 | €171,987 | €185,500 | +€13,513 | +7.9% |
| Trade receivables | 40 | €171,987 | €168,060 | -€3,927 | -2.3% |
| Other amounts receivable | 41 | - | €17,440 | +€17,440 | |
| Cash at bank and in hand | 54/58 | €55,347 | €84,016 | +€28,669 | +51.8% |
| Deferred charges and accrued income | 490/1 | €2,025 | €5,324 | +€3,299 | +163% |
| Total equity and liabilities | 10/49 | €360,157 | €393,473 | +€33,316 | +9.3% |
| Equity | 10/15 | €177,031 | €193,546 | +€16,516 | +9.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €167,031 | €183,546 | +€16,516 | +9.9% |
| Tax-exempt reserves | 132 | €48,716 | €44,657 | -€4,060 | -8.3% |
| Distributable reserves | 133 | €118,314 | €138,889 | +€20,575 | +17.4% |
| Provisions and deferred taxes | 16 | €16,239 | €14,886 | -€1,353 | -8.3% |
| Deferred taxes | 168 | €16,239 | €14,886 | -€1,353 | -8.3% |
| Amounts payable | 17/49 | €166,888 | €185,041 | +€18,153 | +10.9% |
| Amounts payable after more than one year | 17 | €101,808 | €80,450 | -€21,358 | -21.0% |
| Financial debts | 170/4 | €101,808 | €80,450 | -€21,358 | -21.0% |
| Amounts payable within one year | 42/48 | €63,505 | €104,591 | +€41,086 | +64.7% |
| Current portion of amounts payable after more than one year | 42 | €21,173 | €21,358 | +€185 | +0.9% |
| Trade debts | 44 | €22,658 | €69,245 | +€46,586 | +206% |
| Suppliers | 440/4 | €22,658 | €69,245 | +€46,586 | +206% |
| Taxes, remuneration and social security | 45 | €18,431 | €11,482 | -€6,950 | -37.7% |
| Taxes | 450/3 | €18,431 | €11,482 | -€6,950 | -37.7% |
| Other amounts payable | 47/48 | €1,242 | €2,507 | +€1,265 | +102% |
| Accrued charges and deferred income | 492/3 | €1,575 | - | -€1,575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,011 | €15,074 | -€27,937 | -65.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,348 | - | -€12,348 | |
| Other operating charges | 640/8 | €1,613 | €1,727 | +€114 | +7.1% |
| Gross operating margin | 9900 | €86,268 | €61,301 | -€24,967 | -28.9% |
| Operating profit (loss) | 9901 | €29,296 | €44,500 | +€15,204 | +51.9% |
| Financial income | 75/76B | €0 | €97 | +€97 | +25,524% |
| Recurring financial income | 75 | €0 | €97 | +€97 | +25,524% |
| Financial charges | 65/66B | €3,799 | €3,302 | -€497 | -13.1% |
| Recurring financial charges | 65 | €3,799 | €3,302 | -€497 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €25,498 | €41,295 | +€15,798 | +62.0% |
| Transfer from deferred taxes | 780 | €1,353 | €1,353 | = | 0.0% |
| Income taxes | 67/77 | €12,254 | €17,621 | +€5,367 | +43.8% |
| Profit (loss) for the period | 9904 | €14,597 | €25,028 | +€10,431 | +71.5% |
| Transfer from tax-exempt reserves | 789 | €4,060 | €4,060 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,656 | €29,088 | +€10,431 | +55.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.