DLC: what changed
Two fiscal 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.
DLC
Largest movements
- Stocks and contracts -€133,835
no longer reported in 2025 (was €133,835)
- Cash +€35,959
up €35,959 (+3850.0%), from €934 to €36,893
mainly Stocks and contracts (+€133,835) and Receivables within one year (+€1,864)
- Receivables within one year -€1,864
down €1,864 (-84.2%), from €2,213 to €349
- Tax, wage and social debts -€45,434
no longer reported in 2025 (was €45,434)
- Profit (loss) carried forward -€42,475
down €42,475, from €34,979 to -€7,496
- Trade debts -€6,831
down €6,831 (-59.0%), from €11,569 to €4,738
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Taxes +€20,016
new in 2025: €20,016
- Gross operating margin -€14,749
down €14,749 (-241.4%), from -€6,109 to -€20,858
- Other operating charges -€728
down €728 (-55.0%), from €1,323 to €595
- Financial charges +€512
up €512 (+103.6%), from €494 to €1,006
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.
Cash bridge derived
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 | €136,982 | €37,242 | -€99,740 | -72.8% |
| Current assets | 29/58 | €136,982 | €37,242 | -€99,740 | -72.8% |
| Stocks and contracts in progress | 3 | €133,835 | - | -€133,835 | |
| Stocks | 30/36 | €133,835 | - | -€133,835 | |
| Amounts receivable within one year | 40/41 | €2,213 | €349 | -€1,864 | -84.2% |
| Other amounts receivable | 41 | €2,213 | €349 | -€1,864 | -84.2% |
| Cash at bank and in hand | 54/58 | €934 | €36,893 | +€35,959 | +3850.0% |
| Total equity and liabilities | 10/49 | €136,982 | €37,242 | -€99,740 | -72.8% |
| Equity | 10/15 | €74,979 | €32,504 | -€42,475 | -56.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,979 | -€7,496 | -€42,475 | |
| Amounts payable | 17/49 | €62,003 | €4,738 | -€57,265 | -92.4% |
| Amounts payable within one year | 42/48 | €62,003 | €4,738 | -€57,265 | -92.4% |
| Trade debts | 44 | €11,569 | €4,738 | -€6,831 | -59.0% |
| Suppliers | 440/4 | €11,569 | €4,738 | -€6,831 | -59.0% |
| Taxes, remuneration and social security | 45 | €45,434 | - | -€45,434 | |
| Taxes | 450/3 | €45,434 | - | -€45,434 | |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Other operating charges | 640/8 | €1,323 | €595 | -€728 | -55.0% |
| Gross operating margin | 9900 | -€6,109 | -€20,858 | -€14,749 | -241.4% |
| Operating profit (loss) | 9901 | -€7,432 | -€21,453 | -€14,021 | -188.7% |
| Financial charges | 65/66B | €494 | €1,006 | +€512 | +103.6% |
| Recurring financial charges | 65 | €494 | €1,006 | +€512 | +103.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,926 | -€22,459 | -€14,533 | -183.4% |
| Income taxes | 67/77 | - | €20,016 | +€20,016 | |
| Profit (loss) for the period | 9904 | -€7,926 | -€42,475 | -€34,549 | -435.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,926 | -€42,475 | -€34,549 | -435.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.