DLFV: 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.
DLFV
Largest movements
- Cash -€18,129
down €18,129 (-34.0%), from €53,354 to €35,225
mainly Other debts (-€47,500) and Receivables within one year (-€17,861)
- Receivables within one year +€17,861
up €17,861 (+386.0%), from €4,628 to €22,489
of which Trade receivables: +€17,298
- Tangible fixed assets -€9,666
down €9,666 (-37.9%), from €25,532 to €15,865
of which Furniture and vehicles: -€9,306
- Profit (loss) carried forward +€54,876
new in 2025: €54,876
- Other debts -€47,500
down €47,500 (-97.4%), from €48,745 to €1,245
- Tax, wage and social debts -€9,165
down €9,165 (-53.0%), from €17,292 to €8,127
- Debts after one year -€4,351
no longer reported in 2025 (was €4,351)
- Trade debts -€3,086
down €3,086 (-87.0%), from €3,546 to €460
- Gross operating margin -€2,500
down €2,500 (-3.0%), from €83,658 to €81,158
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 | €83,594 | €73,580 | -€10,014 | -12.0% |
| Fixed assets | 21/28 | €25,532 | €15,865 | -€9,666 | -37.9% |
| Tangible fixed assets | 22/27 | €25,532 | €15,865 | -€9,666 | -37.9% |
| Plant, machinery and equipment | 23 | €980 | €619 | -€361 | -36.8% |
| Furniture and vehicles | 24 | €24,552 | €15,246 | -€9,306 | -37.9% |
| Current assets | 29/58 | €58,062 | €57,714 | -€348 | -0.6% |
| Amounts receivable within one year | 40/41 | €4,628 | €22,489 | +€17,861 | +386.0% |
| Trade receivables | 40 | €0 | €17,298 | +€17,298 | |
| Other amounts receivable | 41 | €4,628 | €5,191 | +€564 | +12.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €53,354 | €35,225 | -€18,129 | -34.0% |
| Deferred charges and accrued income | 490/1 | €80 | - | -€80 | |
| Total equity and liabilities | 10/49 | €83,594 | €73,580 | -€10,014 | -12.0% |
| Equity | 10/15 | €2,500 | €57,376 | +€54,876 | +2195.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €54,876 | +€54,876 | |
| Amounts payable | 17/49 | €81,094 | €16,204 | -€64,890 | -80.0% |
| Amounts payable after more than one year | 17 | €4,351 | - | -€4,351 | |
| Financial debts | 170/4 | €4,351 | - | -€4,351 | |
| Amounts payable within one year | 42/48 | €75,968 | €14,183 | -€61,785 | -81.3% |
| Current portion of amounts payable after more than one year | 42 | €6,385 | €4,351 | -€2,035 | -31.9% |
| Trade debts | 44 | €3,546 | €460 | -€3,086 | -87.0% |
| Suppliers | 440/4 | €3,546 | €460 | -€3,086 | -87.0% |
| Taxes, remuneration and social security | 45 | €17,292 | €8,127 | -€9,165 | -53.0% |
| Taxes | 450/3 | €17,292 | €8,127 | -€9,165 | -53.0% |
| Other amounts payable | 47/48 | €48,745 | €1,245 | -€47,500 | -97.4% |
| Accrued charges and deferred income | 492/3 | €775 | €2,021 | +€1,246 | +160.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,666 | €9,666 | = | 0.0% |
| Other operating charges | 640/8 | €1,018 | €774 | -€244 | -24.0% |
| Gross operating margin | 9900 | €83,658 | €81,158 | -€2,500 | -3.0% |
| Operating profit (loss) | 9901 | €72,973 | €70,717 | -€2,256 | -3.1% |
| Financial income | 75/76B | €80 | - | -€80 | |
| Recurring financial income | 75 | €80 | - | -€80 | |
| Financial charges | 65/66B | €442 | €297 | -€145 | -32.8% |
| Recurring financial charges | 65 | €442 | €297 | -€145 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €72,611 | €70,420 | -€2,191 | -3.0% |
| Income taxes | 67/77 | €15,264 | €15,544 | +€280 | +1.8% |
| Profit (loss) for the period | 9904 | €57,347 | €54,876 | -€2,471 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,347 | €54,876 | -€2,471 | -4.3% |
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 4 October 2026 via checked.be.