DLF Accountancy: what changed
DLF Accountancy
Largest movements
- Receivables within one year +€71,465
up €71,465 (+373%), from €19,153 to €90,618
of which Trade receivables: +€72,115
- Tangible fixed assets -€26,460
down €26,460 (-75.4%), from €35,077 to €8,617
of which Furniture and vehicles: -€30,873
- Cash +€12,516
up €12,516 (+68.0%), from €18,404 to €30,921
mainly Accrued charges and deferred income (+€48,060) and Net result for the year (+€30,619)
- Intangible fixed assets -€11,500
down €11,500 (-50.1%), from €22,955 to €11,455
- Deferred charges and accrued income -€2,606
down €2,606 (-77.8%), from €3,349 to €744
- Accrued charges and deferred income +€48,060
up €48,060 (+172,321%), from €28 to €48,088
- Current portion of long-term debt -€40,000
no longer reported in 2025 (was €40,000)
- Reserves +€30,615
up €30,615 (+157%), from €19,455 to €50,070
- Tax, wage and social debts +€13,642
up €13,642 (+90.8%), from €15,021 to €28,663
- Other debts -€10,440
down €10,440 (-87.8%), from €11,893 to €1,453
- Gross operating margin -€8,821
down €8,821 (-12.7%), from €69,258 to €60,437
- Staff costs -€1,840
no longer reported in 2025 (was €1,840)
- Depreciation -€1,158
down €1,158 (-7.7%), from €14,986 to €13,827
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,939 | €142,354 | +€43,415 | +43.9% |
| Fixed assets | 21/28 | €58,032 | €20,072 | -€37,960 | -65.4% |
| Intangible fixed assets | 21 | €22,955 | €11,455 | -€11,500 | -50.1% |
| Tangible fixed assets | 22/27 | €35,077 | €8,617 | -€26,460 | -75.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €4,413 | +€4,413 | |
| Furniture and vehicles | 24 | €35,077 | €4,204 | -€30,873 | -88.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €40,907 | €122,283 | +€81,376 | +199% |
| Amounts receivable within one year | 40/41 | €19,153 | €90,618 | +€71,465 | +373% |
| Trade receivables | 40 | €18,503 | €90,618 | +€72,115 | +390% |
| Other amounts receivable | 41 | €650 | - | -€650 | |
| Cash at bank and in hand | 54/58 | €18,404 | €30,921 | +€12,516 | +68.0% |
| Deferred charges and accrued income | 490/1 | €3,349 | €744 | -€2,606 | -77.8% |
| Total equity and liabilities | 10/49 | €98,939 | €142,354 | +€43,415 | +43.9% |
| Equity | 10/15 | €31,858 | €62,477 | +€30,619 | +96.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,455 | €50,070 | +€30,615 | +157% |
| Distributable reserves | 133 | €19,455 | €50,070 | +€30,615 | +157% |
| Profit (loss) carried forward | 14 | €3 | €7 | +€4 | +164% |
| Amounts payable | 17/49 | €67,081 | €79,877 | +€12,796 | +19.1% |
| Amounts payable within one year | 42/48 | €67,053 | €31,789 | -€35,264 | -52.6% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | - | -€40,000 | |
| Trade debts | 44 | €139 | €1,673 | +€1,534 | +1,101% |
| Suppliers | 440/4 | €139 | €1,673 | +€1,534 | +1,101% |
| Taxes, remuneration and social security | 45 | €15,021 | €28,663 | +€13,642 | +90.8% |
| Taxes | 450/3 | €15,021 | €28,663 | +€13,642 | +90.8% |
| Other amounts payable | 47/48 | €11,893 | €1,453 | -€10,440 | -87.8% |
| Accrued charges and deferred income | 492/3 | €28 | €48,088 | +€48,060 | +172,321% |
| Remuneration, social security and pensions | 62 | €1,840 | - | -€1,840 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,986 | €13,827 | -€1,158 | -7.7% |
| Other operating charges | 640/8 | €501 | €465 | -€36 | -7.1% |
| Non-recurring operating charges | 66A | €1,525 | - | -€1,525 | |
| Gross operating margin | 9900 | €69,258 | €60,437 | -€8,821 | -12.7% |
| Operating profit (loss) | 9901 | €50,406 | €46,144 | -€4,262 | -8.5% |
| Financial income | 75/76B | €10 | €9 | -€1 | -6.9% |
| Recurring financial income | 75 | €10 | €9 | -€1 | -6.9% |
| Financial charges | 65/66B | €1,554 | €1,867 | +€313 | +20.1% |
| Recurring financial charges | 65 | €1,554 | €1,867 | +€313 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €48,862 | €44,287 | -€4,575 | -9.4% |
| Income taxes | 67/77 | €13,883 | €13,667 | -€215 | -1.6% |
| Profit (loss) for the period | 9904 | €34,979 | €30,619 | -€4,360 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,979 | €30,619 | -€4,360 | -12.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.