DLC LAW: 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.
DLC LAW
Largest movements
- Cash -€11,081
down €11,081 (-3.8%), from €294,627 to €283,547
mainly Other debts (-€43,000) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets -€8,272
down €8,272 (-33.7%), from €24,540 to €16,268
of which Furniture and vehicles: -€7,761
- Other debts -€43,000
down €43,000 (-68.3%), from €63,000 to €20,000
- Reserves +€27,000
up €27,000 (+11.2%), from €240,870 to €267,870
of which Distributable reserves: +€30,870
- Gross operating margin -€15,745
down €15,745 (-17.5%), from €90,214 to €74,469
- Taxes -€5,017
down €5,017 (-20.3%), from €24,722 to €19,705
- Financial income -€2,602
down €2,602 (-47.7%), from €5,451 to €2,849
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 | €344,438 | €329,108 | -€15,331 | -4.5% |
| Fixed assets | 21/28 | €24,540 | €18,768 | -€5,772 | -23.5% |
| Tangible fixed assets | 22/27 | €24,540 | €16,268 | -€8,272 | -33.7% |
| Furniture and vehicles | 24 | €23,007 | €15,246 | -€7,761 | -33.7% |
| Other tangible fixed assets | 26 | €1,533 | €1,022 | -€511 | -33.3% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €319,898 | €310,339 | -€9,559 | -3.0% |
| Amounts receivable within one year | 40/41 | €24,734 | €26,216 | +€1,482 | +6.0% |
| Trade receivables | 40 | €21,008 | €24,070 | +€3,062 | +14.6% |
| Other amounts receivable | 41 | €3,726 | €2,146 | -€1,580 | -42.4% |
| Cash at bank and in hand | 54/58 | €294,627 | €283,547 | -€11,081 | -3.8% |
| Deferred charges and accrued income | 490/1 | €537 | €576 | +€40 | +7.4% |
| Total equity and liabilities | 10/49 | €344,438 | €329,108 | -€15,331 | -4.5% |
| Equity | 10/15 | €268,239 | €296,232 | +€27,993 | +10.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €240,870 | €267,870 | +€27,000 | +11.2% |
| Non-distributable reserves | 130/1 | €3,870 | - | -€3,870 | |
| Reserves not available under the articles | 1311 | €3,870 | - | -€3,870 | |
| Distributable reserves | 133 | €237,000 | €267,870 | +€30,870 | +13.0% |
| Profit (loss) carried forward | 14 | €14,969 | €15,962 | +€993 | +6.6% |
| Amounts payable | 17/49 | €76,200 | €32,876 | -€43,324 | -56.9% |
| Amounts payable within one year | 42/48 | €76,200 | €32,876 | -€43,324 | -56.9% |
| Trade debts | 44 | €3,483 | €4,096 | +€613 | +17.6% |
| Suppliers | 440/4 | €3,483 | €4,096 | +€613 | +17.6% |
| Taxes, remuneration and social security | 45 | €9,717 | €8,780 | -€937 | -9.6% |
| Taxes | 450/3 | €9,717 | €8,780 | -€937 | -9.6% |
| Other amounts payable | 47/48 | €63,000 | €20,000 | -€43,000 | -68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,272 | €8,272 | = | 0.0% |
| Other operating charges | 640/8 | €962 | €1,348 | +€385 | +40.0% |
| Gross operating margin | 9900 | €90,214 | €74,469 | -€15,745 | -17.5% |
| Operating profit (loss) | 9901 | €80,979 | €64,849 | -€16,130 | -19.9% |
| Financial income | 75/76B | €5,451 | €2,849 | -€2,602 | -47.7% |
| Recurring financial income | 75 | €5,451 | €2,849 | -€2,602 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €86,430 | €67,698 | -€18,731 | -21.7% |
| Income taxes | 67/77 | €24,722 | €19,705 | -€5,017 | -20.3% |
| Profit (loss) for the period | 9904 | €61,708 | €47,993 | -€13,715 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,708 | €47,993 | -€13,715 | -22.2% |
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 25 October 2026 via checked.be.