DLEB ESTATES: 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.
DLEB ESTATES
Largest movements
- Receivables within one year +€49,051
new in 2025: €49,051
- Tangible fixed assets -€45,063
down €45,063 (-2.1%), from €2.1m to €2.1m
of which Land and buildings: -€45,912
- Cash -€41,145
down €41,145 (-98.1%), from €41,941 to €796
mainly Debts after one year (-€72,605) and Receivables within one year (-€49,051)
- Debts after one year -€72,605
down €72,605 (-5.2%), from €1.4m to €1.3m
- Profit (loss) carried forward +€24,886
up €24,886 (+8.5%), from -€294,281 to -€269,395
- Write-downs -€52,561
down €52,561 (-77.6%), from €67,771 to €15,211
- Gross operating margin -€29,321
down €29,321 (-19.6%), from €149,927 to €120,606
- Financial charges -€6,109
down €6,109 (-17.9%), from €34,035 to €27,926
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 | €2,143,583 | €2,106,722 | -€36,861 | -1.7% |
| Fixed assets | 21/28 | €2,098,485 | €2,053,422 | -€45,063 | -2.1% |
| Tangible fixed assets | 22/27 | €2,098,485 | €2,053,422 | -€45,063 | -2.1% |
| Land and buildings | 22 | €2,098,485 | €2,052,573 | -€45,912 | -2.2% |
| Furniture and vehicles | 24 | - | €849 | +€849 | |
| Current assets | 29/58 | €45,098 | €53,300 | +€8,202 | +18.2% |
| Amounts receivable within one year | 40/41 | - | €49,051 | +€49,051 | |
| Trade receivables | 40 | - | €49,051 | +€49,051 | |
| Cash at bank and in hand | 54/58 | €41,941 | €796 | -€41,145 | -98.1% |
| Deferred charges and accrued income | 490/1 | €3,157 | €3,452 | +€295 | +9.4% |
| Total equity and liabilities | 10/49 | €2,143,583 | €2,106,722 | -€36,861 | -1.7% |
| Equity | 10/15 | €645,719 | €670,605 | +€24,886 | +3.9% |
| Contributions | 10/11 | €940,000 | €940,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€294,281 | -€269,395 | +€24,886 | +8.5% |
| Amounts payable | 17/49 | €1,497,864 | €1,436,117 | -€61,747 | -4.1% |
| Amounts payable after more than one year | 17 | €1,409,605 | €1,337,000 | -€72,605 | -5.2% |
| Financial debts | 170/4 | €1,409,605 | €1,337,000 | -€72,605 | -5.2% |
| Amounts payable within one year | 42/48 | €88,258 | €99,117 | +€10,858 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €72,000 | €72,000 | = | 0.0% |
| Trade debts | 44 | €1,258 | €4,615 | +€3,356 | +266.7% |
| Suppliers | 440/4 | €1,258 | €4,615 | +€3,356 | +266.7% |
| Other amounts payable | 47/48 | €15,000 | €22,502 | +€7,502 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,912 | €46,063 | +€151 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €67,771 | €15,211 | -€52,561 | -77.6% |
| Other operating charges | 640/8 | €6,471 | €6,520 | +€49 | +0.8% |
| Gross operating margin | 9900 | €149,927 | €120,606 | -€29,321 | -19.6% |
| Operating profit (loss) | 9901 | €29,773 | €52,813 | +€23,040 | +77.4% |
| Financial charges | 65/66B | €34,035 | €27,926 | -€6,109 | -17.9% |
| Recurring financial charges | 65 | €34,035 | €27,926 | -€6,109 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,262 | €24,886 | +€29,149 | |
| Profit (loss) for the period | 9904 | -€4,262 | €24,886 | +€29,149 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,262 | €24,886 | +€29,149 |
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 1 October 2026 via checked.be.