DLG Capital: 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 Capital
Largest movements
- Financial fixed assets -€65,760
down €65,760 (-84.0%), from €78,260 to €12,500
- Receivables within one year -€44,895
down €44,895 (-51.8%), from €86,744 to €41,849
- Cash +€26,590
up €26,590 (+2,238%), from €1,188 to €27,778
mainly Investment in fixed assets (net) (+€65,760) and Receivables within one year (+€44,895)
- Other debts -€55,998
down €55,998 (-33.6%), from €166,853 to €110,856
- Profit (loss) carried forward -€39,464
down €39,464 (-854%), from -€4,621 to -€44,085
- Trade debts +€6,014
up €6,014 (+1,014%), from €593 to €6,608
- Tax, wage and social debts +€5,036
new in 2025: €5,036
- Gross operating margin +€18,766
up €18,766, from -€861 to €17,904
- Taxes +€2,623
new in 2025: €2,623
- Write-downs +€500
new in 2025: €500
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €166,826 | €82,414 | -€84,411 | -50.6% |
| Formation expenses | 20 | €634 | €288 | -€346 | -54.5% |
| Fixed assets | 21/28 | €78,260 | €12,500 | -€65,760 | -84.0% |
| Financial fixed assets | 28 | €78,260 | €12,500 | -€65,760 | -84.0% |
| Current assets | 29/58 | €87,932 | €69,626 | -€18,305 | -20.8% |
| Amounts receivable within one year | 40/41 | €86,744 | €41,849 | -€44,895 | -51.8% |
| Other amounts receivable | 41 | €86,744 | €41,849 | -€44,895 | -51.8% |
| Cash at bank and in hand | 54/58 | €1,188 | €27,778 | +€26,590 | +2,238% |
| Total equity and liabilities | 10/49 | €166,826 | €82,414 | -€84,411 | -50.6% |
| Equity | 10/15 | -€621 | -€40,085 | -€39,464 | -6,357% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,621 | -€44,085 | -€39,464 | -854% |
| Amounts payable | 17/49 | €167,447 | €122,499 | -€44,947 | -26.8% |
| Amounts payable within one year | 42/48 | €167,447 | €122,499 | -€44,947 | -26.8% |
| Trade debts | 44 | €593 | €6,608 | +€6,014 | +1,014% |
| Suppliers | 440/4 | €593 | €6,608 | +€6,014 | +1,014% |
| Taxes, remuneration and social security | 45 | - | €5,036 | +€5,036 | |
| Taxes | 450/3 | - | €5,036 | +€5,036 | |
| Other amounts payable | 47/48 | €166,853 | €110,856 | -€55,998 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €346 | €346 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €500 | +€500 | |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Non-recurring operating charges | 66A | - | €53,760 | +€53,760 | |
| Gross operating margin | 9900 | -€861 | €17,904 | +€18,766 | |
| Operating profit (loss) | 9901 | -€1,594 | -€36,701 | -€35,107 | -2,202% |
| Financial charges | 65/66B | €51 | €140 | +€90 | +177% |
| Recurring financial charges | 65 | €51 | €140 | +€90 | +177% |
| Profit (loss) for the period before taxes | 9903 | -€1,645 | -€36,842 | -€35,197 | -2,140% |
| Income taxes | 67/77 | - | €2,623 | +€2,623 | |
| Profit (loss) for the period | 9904 | -€1,645 | -€39,464 | -€37,819 | -2,299% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,645 | -€39,464 | -€37,819 | -2,299% |
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 27 October 2026 via checked.be.