DLDW TRADING: 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.
DLDW TRADING
Largest movements
- Receivables within one year -€4,574
down €4,574 (-25.6%), from €17,868 to €13,293
of which Other amounts receivable: -€4,862
- Stocks and contracts +€4,450
new in 2025: €4,450
- Cash -€2,507
down €2,507 (-53.5%), from €4,690 to €2,183
mainly Stocks and contracts (-€4,450) and Net result for the year (-€3,336)
- Tangible fixed assets -€300
down €300 (-23.8%), from €1,260 to €959
- Profit (loss) carried forward -€3,336
new in 2025: -€3,336
- Trade debts +€404
up €404 (+40.7%), from €993 to €1,397
- Gross operating margin -€22,744
down €22,744, from €19,124 to -€3,620
- Taxes -€3,539
down €3,539 (-100%), from €3,539 to €0
- Depreciation -€1,196
down €1,196 (-79.9%), from €1,496 to €300
- Other operating charges -€710
down €710 (-92.0%), from €772 to €62
- Financial income -€194
down €194 (-20.1%), from €964 to €770
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 | €23,817 | €20,885 | -€2,932 | -12.3% |
| Fixed assets | 21/28 | €1,260 | €959 | -€300 | -23.8% |
| Tangible fixed assets | 22/27 | €1,260 | €959 | -€300 | -23.8% |
| Plant, machinery and equipment | 23 | €1,260 | €959 | -€300 | -23.8% |
| Current assets | 29/58 | €22,558 | €19,926 | -€2,632 | -11.7% |
| Stocks and contracts in progress | 3 | - | €4,450 | +€4,450 | |
| Stocks | 30/36 | - | €4,450 | +€4,450 | |
| Amounts receivable within one year | 40/41 | €17,868 | €13,293 | -€4,574 | -25.6% |
| Trade receivables | 40 | €447 | €734 | +€287 | +64.4% |
| Other amounts receivable | 41 | €17,421 | €12,559 | -€4,862 | -27.9% |
| Cash at bank and in hand | 54/58 | €4,690 | €2,183 | -€2,507 | -53.5% |
| Total equity and liabilities | 10/49 | €23,817 | €20,885 | -€2,932 | -12.3% |
| Equity | 10/15 | €19,231 | €15,895 | -€3,336 | -17.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,231 | €14,231 | = | 0.0% |
| Distributable reserves | 133 | €14,231 | €14,231 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,336 | -€3,336 | |
| Amounts payable | 17/49 | €4,586 | €4,990 | +€404 | +8.8% |
| Amounts payable within one year | 42/48 | €4,586 | €4,990 | +€404 | +8.8% |
| Trade debts | 44 | €993 | €1,397 | +€404 | +40.7% |
| Suppliers | 440/4 | €993 | €1,397 | +€404 | +40.7% |
| Taxes, remuneration and social security | 45 | €3,539 | €3,539 | = | 0.0% |
| Taxes | 450/3 | €3,539 | €3,539 | = | 0.0% |
| Other amounts payable | 47/48 | €53 | €53 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,496 | €300 | -€1,196 | -79.9% |
| Other operating charges | 640/8 | €772 | €62 | -€710 | -92.0% |
| Gross operating margin | 9900 | €19,124 | -€3,620 | -€22,744 | |
| Operating profit (loss) | 9901 | €16,856 | -€3,982 | -€20,838 | |
| Financial income | 75/76B | €964 | €770 | -€194 | -20.1% |
| Recurring financial income | 75 | €964 | €770 | -€194 | -20.1% |
| Financial charges | 65/66B | €50 | €125 | +€75 | +151% |
| Recurring financial charges | 65 | €50 | €125 | +€75 | +151% |
| Profit (loss) for the period before taxes | 9903 | €17,771 | -€3,336 | -€21,107 | |
| Income taxes | 67/77 | €3,539 | €0 | -€3,539 | -100% |
| Profit (loss) for the period | 9904 | €14,231 | -€3,336 | -€17,568 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,231 | -€3,336 | -€17,568 |
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.