DL PRINTING: 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 PRINTING
Largest movements
- Receivables within one year +€12,534
up €12,534 (+16.8%), from €74,444 to €86,979
- Tangible fixed assets -€5,394
down €5,394 (-18.4%), from €29,288 to €23,894
of which Furniture and vehicles: -€11,398
- Cash -€4,500
down €4,500 (-50.4%), from €8,932 to €4,432
mainly Trade debts (-€17,151) and Receivables within one year (-€12,534)
- Deferred charges and accrued income -€3,777
down €3,777 (-32.7%), from €11,545 to €7,768
- Profit (loss) carried forward +€20,265
up €20,265 (+29.9%), from €67,664 to €87,929
- Trade debts -€17,151
down €17,151 (-90.7%), from €18,907 to €1,756
- Current portion of long-term debt -€7,788
down €7,788 (-57.9%), from €13,453 to €5,664
- Tax, wage and social debts +€6,122
up €6,122 (+90.6%), from €6,756 to €12,879
of which Taxes: +€5,950
- Debts after one year -€5,664
down €5,664 (-100%), from €5,664 to €0
- Staff costs -€5,795
down €5,795 (-15.5%), from €37,455 to €31,660
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 | €128,893 | €127,977 | -€916 | -0.7% |
| Fixed assets | 21/28 | €29,288 | €23,894 | -€5,394 | -18.4% |
| Tangible fixed assets | 22/27 | €29,288 | €23,894 | -€5,394 | -18.4% |
| Plant, machinery and equipment | 23 | €3,591 | €10,095 | +€6,504 | +181% |
| Furniture and vehicles | 24 | €25,197 | €13,799 | -€11,398 | -45.2% |
| Other tangible fixed assets | 26 | €500 | €0 | -€500 | -100% |
| Current assets | 29/58 | €99,604 | €104,082 | +€4,478 | +4.5% |
| Stocks and contracts in progress | 3 | €4,683 | €4,904 | +€222 | +4.7% |
| Stocks | 30/36 | €4,683 | €4,904 | +€222 | +4.7% |
| Amounts receivable within one year | 40/41 | €74,444 | €86,979 | +€12,534 | +16.8% |
| Trade receivables | 40 | €74,444 | €86,979 | +€12,534 | +16.8% |
| Cash at bank and in hand | 54/58 | €8,932 | €4,432 | -€4,500 | -50.4% |
| Deferred charges and accrued income | 490/1 | €11,545 | €7,768 | -€3,777 | -32.7% |
| Total equity and liabilities | 10/49 | €128,893 | €127,977 | -€916 | -0.7% |
| Equity | 10/15 | €75,724 | €95,989 | +€20,265 | +26.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,664 | €87,929 | +€20,265 | +29.9% |
| Amounts payable | 17/49 | €53,169 | €31,988 | -€21,181 | -39.8% |
| Amounts payable after more than one year | 17 | €5,664 | €0 | -€5,664 | -100% |
| Financial debts | 170/4 | €5,664 | €0 | -€5,664 | -100% |
| Amounts payable within one year | 42/48 | €47,504 | €31,988 | -€15,517 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | €13,453 | €5,664 | -€7,788 | -57.9% |
| Trade debts | 44 | €18,907 | €1,756 | -€17,151 | -90.7% |
| Suppliers | 440/4 | €18,907 | €1,756 | -€17,151 | -90.7% |
| Advances received on contracts in progress | 46 | €5,434 | €10,187 | +€4,753 | +87.5% |
| Taxes, remuneration and social security | 45 | €6,756 | €12,879 | +€6,122 | +90.6% |
| Taxes | 450/3 | €3,791 | €9,740 | +€5,950 | +157% |
| Remuneration and social security | 454/9 | €2,966 | €3,138 | +€173 | +5.8% |
| Other amounts payable | 47/48 | €2,955 | €1,501 | -€1,454 | -49.2% |
| Remuneration, social security and pensions | 62 | €37,455 | €31,660 | -€5,795 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,396 | €15,161 | -€235 | -1.5% |
| Other operating charges | 640/8 | €1,931 | €1,968 | +€37 | +1.9% |
| Gross operating margin | 9900 | €77,590 | €77,607 | +€16 | 0.0% |
| Operating profit (loss) | 9901 | €22,809 | €28,818 | +€6,009 | +26.3% |
| Financial income | 75/76B | €187 | €220 | +€33 | +17.5% |
| Recurring financial income | 75 | €187 | €220 | +€33 | +17.5% |
| Financial charges | 65/66B | €1,363 | €1,422 | +€58 | +4.3% |
| Recurring financial charges | 65 | €1,363 | €1,422 | +€58 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €21,633 | €27,616 | +€5,983 | +27.7% |
| Income taxes | 67/77 | €6,783 | €7,351 | +€568 | +8.4% |
| Profit (loss) for the period | 9904 | €14,850 | €20,265 | +€5,415 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,850 | €20,265 | +€5,415 | +36.5% |
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 24 October 2026 via checked.be.