DLB Capital: 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.
DLB Capital
Largest movements
- Cash +€32,183
up €32,183 (+77.4%), from €41,591 to €73,774
mainly Net result for the year (+€32,208) and Tax, wage and social debts (+€2,797)
- Receivables within one year +€1,604
up €1,604 (+17.6%), from €9,135 to €10,739
of which Trade receivables: +€1,876
- Tangible fixed assets -€959
down €959 (-42.6%), from €2,253 to €1,293
- Profit (loss) carried forward +€32,208
up €32,208 (+78.0%), from €41,281 to €73,489
- Tax, wage and social debts +€2,797
up €2,797 (+37.0%), from €7,559 to €10,356
- Trade debts -€1,319
down €1,319 (-40.2%), from €3,279 to €1,960
- Other debts -€859
no longer reported in 2025 (was €859)
- Gross operating margin +€13,312
up €13,312 (+42.9%), from €31,063 to €44,375
- Taxes +€3,238
up €3,238 (+42.8%), from €7,559 to €10,797
- Depreciation -€527
down €527 (-35.5%), from €1,487 to €959
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 | €52,979 | €85,807 | +€32,827 | +62.0% |
| Fixed assets | 21/28 | €2,253 | €1,293 | -€959 | -42.6% |
| Tangible fixed assets | 22/27 | €2,253 | €1,293 | -€959 | -42.6% |
| Furniture and vehicles | 24 | €2,253 | €1,293 | -€959 | -42.6% |
| Current assets | 29/58 | €50,727 | €84,513 | +€33,787 | +66.6% |
| Amounts receivable within one year | 40/41 | €9,135 | €10,739 | +€1,604 | +17.6% |
| Trade receivables | 40 | €8,204 | €10,080 | +€1,876 | +22.9% |
| Other amounts receivable | 41 | €931 | €659 | -€272 | -29.2% |
| Cash at bank and in hand | 54/58 | €41,591 | €73,774 | +€32,183 | +77.4% |
| Total equity and liabilities | 10/49 | €52,979 | €85,807 | +€32,827 | +62.0% |
| Equity | 10/15 | €41,282 | €73,490 | +€32,208 | +78.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,281 | €73,489 | +€32,208 | +78.0% |
| Amounts payable | 17/49 | €11,698 | €12,317 | +€619 | +5.3% |
| Amounts payable within one year | 42/48 | €11,698 | €12,317 | +€619 | +5.3% |
| Trade debts | 44 | €3,279 | €1,960 | -€1,319 | -40.2% |
| Suppliers | 440/4 | €3,279 | €1,960 | -€1,319 | -40.2% |
| Taxes, remuneration and social security | 45 | €7,559 | €10,356 | +€2,797 | +37.0% |
| Taxes | 450/3 | €7,559 | €10,356 | +€2,797 | +37.0% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,487 | €959 | -€527 | -35.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €31,063 | €44,375 | +€13,312 | +42.9% |
| Operating profit (loss) | 9901 | €29,189 | €43,016 | +€13,827 | +47.4% |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €29,138 | €43,005 | +€13,867 | +47.6% |
| Income taxes | 67/77 | €7,559 | €10,797 | +€3,238 | +42.8% |
| Profit (loss) for the period | 9904 | €21,579 | €32,208 | +€10,629 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,579 | €32,208 | +€10,629 | +49.3% |
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 18 October 2026 via checked.be.