DL MOTORS: what changed
DL MOTORS
Largest movements
- Intangible fixed assets -€179,882
down €179,882 (-31.3%), from €575,621 to €395,740
- Receivables within one year -€159,383
down €159,383 (-54.4%), from €292,782 to €133,399
of which Trade receivables: -€152,294
- Stocks and contracts +€53,552
up €53,552 (+5.4%), from €988,612 to €1.0m
- Tangible fixed assets -€39,567
down €39,567 (-29.0%), from €136,572 to €97,005
of which Furniture and vehicles: -€21,346
- Cash +€25,224
up €25,224 (+105%), from €24,014 to €49,238
mainly Receivables within one year (+€159,383) and Depreciation (+€151,038)
- Debts after one year -€128,528
down €128,528 (-14.1%), from €908,519 to €779,991
of which Financial debts: -€134,040
- Trade debts -€126,287
down €126,287 (-23.3%), from €540,965 to €414,678
- Advances received -€76,843
down €76,843 (-29.6%), from €259,600 to €182,757
- Reserves +€20,788
up €20,788 (+21.1%), from €98,387 to €119,175
of which Distributable reserves: +€20,788
- Gross operating margin +€127,993
up €127,993 (+30.3%), from €422,897 to €550,890
- Staff costs +€68,362
up €68,362 (+37.8%), from €180,963 to €249,325
- Depreciation +€36,746
up €36,746 (+32.2%), from €114,291 to €151,038
- Write-downs -€30,548
down €30,548 (-74.5%), from €41,010 to €10,462
- Other operating charges -€8,085
down €8,085 (-51.9%), from €15,570 to €7,484
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 | €2,036,512 | €1,749,032 | -€287,480 | -14.1% |
| Fixed assets | 21/28 | €712,338 | €492,889 | -€219,449 | -30.8% |
| Intangible fixed assets | 21 | €575,621 | €395,740 | -€179,882 | -31.3% |
| Tangible fixed assets | 22/27 | €136,572 | €97,005 | -€39,567 | -29.0% |
| Plant, machinery and equipment | 23 | €72,309 | €54,088 | -€18,221 | -25.2% |
| Furniture and vehicles | 24 | €64,263 | €42,917 | -€21,346 | -33.2% |
| Financial fixed assets | 28 | €144 | €144 | = | 0.0% |
| Current assets | 29/58 | €1,324,174 | €1,256,143 | -€68,031 | -5.1% |
| Stocks and contracts in progress | 3 | €988,612 | €1,042,164 | +€53,552 | +5.4% |
| Stocks | 30/36 | €988,612 | €1,042,164 | +€53,552 | +5.4% |
| Amounts receivable within one year | 40/41 | €292,782 | €133,399 | -€159,383 | -54.4% |
| Trade receivables | 40 | €278,716 | €126,423 | -€152,294 | -54.6% |
| Other amounts receivable | 41 | €14,066 | €6,976 | -€7,090 | -50.4% |
| Cash at bank and in hand | 54/58 | €24,014 | €49,238 | +€25,224 | +105% |
| Deferred charges and accrued income | 490/1 | €18,766 | €31,342 | +€12,576 | +67.0% |
| Total equity and liabilities | 10/49 | €2,036,512 | €1,749,032 | -€287,480 | -14.1% |
| Equity | 10/15 | €159,887 | €180,675 | +€20,788 | +13.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €98,387 | €119,175 | +€20,788 | +21.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €92,237 | €113,025 | +€20,788 | +22.5% |
| Amounts payable | 17/49 | €1,876,625 | €1,568,357 | -€308,268 | -16.4% |
| Amounts payable after more than one year | 17 | €908,519 | €779,991 | -€128,528 | -14.1% |
| Financial debts | 170/4 | €676,656 | €542,616 | -€134,040 | -19.8% |
| Other amounts payable | 178/9 | €231,863 | €237,375 | +€5,512 | +2.4% |
| Amounts payable within one year | 42/48 | €968,106 | €787,665 | -€180,441 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €131,158 | €134,040 | +€2,882 | +2.2% |
| Trade debts | 44 | €540,965 | €414,678 | -€126,287 | -23.3% |
| Suppliers | 440/4 | €540,965 | €414,678 | -€126,287 | -23.3% |
| Advances received on contracts in progress | 46 | €259,600 | €182,757 | -€76,843 | -29.6% |
| Taxes, remuneration and social security | 45 | €36,383 | €56,190 | +€19,807 | +54.4% |
| Taxes | 450/3 | €26,224 | €17,374 | -€8,850 | -33.7% |
| Remuneration and social security | 454/9 | €10,159 | €38,816 | +€28,656 | +282% |
| Accrued charges and deferred income | 492/3 | - | €701 | +€701 | |
| Non-recurring operating income | 76A | €1,589 | €109 | -€1,480 | -93.1% |
| Remuneration, social security and pensions | 62 | €180,963 | €249,325 | +€68,362 | +37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,291 | €151,038 | +€36,746 | +32.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €41,010 | €10,462 | -€30,548 | -74.5% |
| Other operating charges | 640/8 | €15,570 | €7,484 | -€8,085 | -51.9% |
| Non-recurring operating charges | 66A | €16,163 | €77,367 | +€61,204 | +379% |
| Gross operating margin | 9900 | €422,897 | €550,890 | +€127,993 | +30.3% |
| Operating profit (loss) | 9901 | €54,900 | €55,213 | +€314 | +0.6% |
| Financial income | 75/76B | €636 | €1,019 | +€382 | +60.1% |
| Recurring financial income | 75 | €636 | €1,019 | +€382 | +60.1% |
| Financial charges | 65/66B | €32,280 | €31,504 | -€776 | -2.4% |
| Recurring financial charges | 65 | €32,280 | €31,504 | -€776 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €23,256 | €24,728 | +€1,472 | +6.3% |
| Income taxes | 67/77 | €3,191 | €3,940 | +€749 | +23.5% |
| Profit (loss) for the period | 9904 | €20,064 | €20,788 | +€724 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,064 | €20,788 | +€724 | +3.6% |
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.