DL Home 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.
DL Home Projects
Largest movements
- Receivables within one year +€95,810
up €95,810 (+74.4%), from €128,744 to €224,553
of which Other amounts receivable: +€95,388
- Cash +€4,398
up €4,398 (+14.8%), from €29,724 to €34,122
mainly Net result for the year (+€88,564) and Tax, wage and social debts (+€9,185)
- Reserves +€88,564
up €88,564 (+64.4%), from €137,452 to €226,016
- Tax, wage and social debts +€9,185
new in 2025: €9,185
- Trade debts +€4,726
up €4,726 (+19.4%), from €24,317 to €29,043
- Gross operating margin +€56,356
up €56,356 (+111%), from €50,928 to €107,283
- Taxes +€8,800
new in 2025: €8,800
- Other operating charges +€7,455
up €7,455 (+6,012%), from €124 to €7,579
- Financial income +€2,466
new in 2025: €2,466
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.
Derived cash bridge
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 | €185,899 | €287,206 | +€101,307 | +54.5% |
| Fixed assets | 21/28 | €27,431 | €26,097 | -€1,334 | -4.9% |
| Tangible fixed assets | 22/27 | €26,481 | €25,147 | -€1,334 | -5.0% |
| Plant, machinery and equipment | 23 | €23,870 | €23,177 | -€694 | -2.9% |
| Furniture and vehicles | 24 | €2,611 | €1,971 | -€640 | -24.5% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €158,468 | €261,109 | +€102,641 | +64.8% |
| Amounts receivable within one year | 40/41 | €128,744 | €224,553 | +€95,810 | +74.4% |
| Trade receivables | 40 | €53,743 | €54,164 | +€422 | +0.8% |
| Other amounts receivable | 41 | €75,001 | €170,389 | +€95,388 | +127% |
| Cash at bank and in hand | 54/58 | €29,724 | €34,122 | +€4,398 | +14.8% |
| Deferred charges and accrued income | 490/1 | - | €2,433 | +€2,433 | |
| Total equity and liabilities | 10/49 | €185,899 | €287,206 | +€101,307 | +54.5% |
| Equity | 10/15 | €143,652 | €232,216 | +€88,564 | +61.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €137,452 | €226,016 | +€88,564 | +64.4% |
| Distributable reserves | 133 | €137,452 | €226,016 | +€88,564 | +64.4% |
| Amounts payable | 17/49 | €42,247 | €54,990 | +€12,744 | +30.2% |
| Amounts payable within one year | 42/48 | €42,247 | €54,990 | +€12,744 | +30.2% |
| Financial debts | 43 | €32 | - | -€32 | |
| Credit institutions | 430/8 | €32 | - | -€32 | |
| Trade debts | 44 | €24,317 | €29,043 | +€4,726 | +19.4% |
| Suppliers | 440/4 | €24,317 | €29,043 | +€4,726 | +19.4% |
| Taxes, remuneration and social security | 45 | - | €9,185 | +€9,185 | |
| Taxes | 450/3 | - | €9,185 | +€9,185 | |
| Other amounts payable | 47/48 | €17,898 | €16,762 | -€1,135 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,226 | €4,439 | +€213 | +5.0% |
| Other operating charges | 640/8 | €124 | €7,579 | +€7,455 | +6,012% |
| Gross operating margin | 9900 | €50,928 | €107,283 | +€56,356 | +111% |
| Operating profit (loss) | 9901 | €46,578 | €95,265 | +€48,687 | +105% |
| Financial income | 75/76B | - | €2,466 | +€2,466 | |
| Recurring financial income | 75 | - | €2,466 | +€2,466 | |
| Financial charges | 65/66B | €210 | €367 | +€157 | +74.4% |
| Recurring financial charges | 65 | €210 | €367 | +€157 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | €46,367 | €97,364 | +€50,996 | +110% |
| Income taxes | 67/77 | - | €8,800 | +€8,800 | |
| Profit (loss) for the period | 9904 | €46,367 | €88,564 | +€42,196 | +91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,367 | €88,564 | +€42,196 | +91.0% |
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 23 October 2026 via checked.be.