DLG: 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.
DLG
Largest movements
- Receivables after one year -€12,449
down €12,449 (-3.9%), from €322,662 to €310,214
- Profit (loss) carried forward +€406,920
up €406,920 (+28.5%), from -€1.4m to -€1.0m
- Reserves -€355,558
down €355,558 (-25.6%), from €1.4m to €1.0m
of which Tax-exempt reserves: -€355,558
- Provisions -€118,242
down €118,242 (-27.5%), from €430,619 to €312,377
- Tax, wage and social debts +€62,787
up €62,787 (+2,466%), from €2,547 to €65,333
- Short-term financial debts -€49,533
no longer reported in 2025 (was €49,533)
- Taxes +€65,157
up €65,157 (+36,935%), from €176 to €65,333
- Gross operating margin +€7,663
up €7,663, from -€614 to €7,049
- Depreciation -€4,068
down €4,068 (-47.6%), from €8,552 to €4,484
- Financial charges -€2,001
down €2,001 (-32.9%), from €6,085 to €4,084
- Financial income +€250
up €250 (+62.4%), from €400 to €650
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 | €539,754 | €521,997 | -€17,757 | -3.3% |
| Fixed assets | 21/28 | €176,430 | €171,947 | -€4,484 | -2.5% |
| Tangible fixed assets | 22/27 | €21,272 | €16,789 | -€4,484 | -21.1% |
| Plant, machinery and equipment | 23 | €20,075 | €16,374 | -€3,701 | -18.4% |
| Furniture and vehicles | 24 | €1,198 | €415 | -€783 | -65.3% |
| Financial fixed assets | 28 | €155,158 | €155,158 | = | 0.0% |
| Current assets | 29/58 | €363,324 | €350,050 | -€13,273 | -3.7% |
| Amounts receivable after more than one year | 29 | €322,662 | €310,214 | -€12,449 | -3.9% |
| Other amounts receivable | 291 | €322,662 | €310,214 | -€12,449 | -3.9% |
| Amounts receivable within one year | 40/41 | €40,181 | €39,636 | -€545 | -1.4% |
| Other amounts receivable | 41 | €40,181 | €39,636 | -€545 | -1.4% |
| Cash at bank and in hand | 54/58 | €481 | €201 | -€279 | -58.1% |
| Total equity and liabilities | 10/49 | €539,754 | €521,997 | -€17,757 | -3.3% |
| Equity | 10/15 | -€22,260 | €29,102 | +€51,362 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,386,404 | €1,030,846 | -€355,558 | -25.6% |
| Tax-exempt reserves | 132 | €355,558 | - | -€355,558 | |
| Distributable reserves | 133 | €1,030,846 | €1,030,846 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,427,264 | -€1,020,344 | +€406,920 | +28.5% |
| Provisions and deferred taxes | 16 | €430,619 | €312,377 | -€118,242 | -27.5% |
| Deferred taxes | 168 | €430,619 | €312,377 | -€118,242 | -27.5% |
| Amounts payable | 17/49 | €131,396 | €180,518 | +€49,123 | +37.4% |
| Amounts payable after more than one year | 17 | €32,500 | €52,588 | +€20,088 | +61.8% |
| Financial debts | 170/4 | - | €20,088 | +€20,088 | |
| Other amounts payable | 178/9 | €32,500 | €32,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €98,896 | €127,931 | +€29,035 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | - | €16,560 | +€16,560 | |
| Financial debts | 43 | €49,533 | - | -€49,533 | |
| Credit institutions | 430/8 | €49,533 | - | -€49,533 | |
| Trade debts | 44 | €36,508 | €41,129 | +€4,622 | +12.7% |
| Suppliers | 440/4 | €36,508 | €41,129 | +€4,622 | +12.7% |
| Taxes, remuneration and social security | 45 | €2,547 | €65,333 | +€62,787 | +2,466% |
| Taxes | 450/3 | €2,547 | €65,333 | +€62,787 | +2,466% |
| Other amounts payable | 47/48 | €10,308 | €4,908 | -€5,400 | -52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,552 | €4,484 | -€4,068 | -47.6% |
| Other operating charges | 640/8 | €613 | €678 | +€64 | +10.5% |
| Gross operating margin | 9900 | -€614 | €7,049 | +€7,663 | |
| Operating profit (loss) | 9901 | -€9,779 | €1,888 | +€11,667 | |
| Financial income | 75/76B | €400 | €650 | +€250 | +62.4% |
| Recurring financial income | 75 | €400 | €650 | +€250 | +62.4% |
| Financial charges | 65/66B | €6,085 | €4,084 | -€2,001 | -32.9% |
| Recurring financial charges | 65 | €6,085 | €4,084 | -€2,001 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,463 | -€1,546 | +€13,917 | +90.0% |
| Transfer from deferred taxes | 780 | - | €118,242 | +€118,242 | |
| Income taxes | 67/77 | €176 | €65,333 | +€65,157 | +36,935% |
| Profit (loss) for the period | 9904 | -€15,640 | €51,362 | +€67,002 | |
| Transfer from tax-exempt reserves | 789 | - | €355,558 | +€355,558 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,640 | €406,920 | +€422,560 |
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 20 October 2026 via checked.be.