DLI SEALS: 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.
DLI SEALS
Largest movements
- Cash +€150,607
up €150,607 (+591.3%), from €25,468 to €176,075
mainly Trade debts (+€160,347) and Advances received (+€84,332)
- Receivables within one year +€84,591
up €84,591 (+24.8%), from €340,712 to €425,303
of which Trade receivables: +€67,356
- Tangible fixed assets -€29,181
down €29,181 (-10.7%), from €272,797 to €243,616
of which Plant, machinery and equipment: -€18,263
- Trade debts +€160,347
up €160,347 (+24.2%), from €662,222 to €822,569
- Debts after one year -€116,916
down €116,916 (-49.2%), from €237,831 to €120,914
- Advances received +€84,332
new in 2024: €84,332
- Profit (loss) carried forward +€38,355
up €38,355 (+418.8%), from €9,159 to €47,515
- Accrued charges and deferred income +€35,344
up €35,344 (+241.2%), from €14,656 to €50,000
- Other operating charges -€30,158
down €30,158 (-88.6%), from €34,034 to €3,875
- Gross operating margin +€19,928
up €19,928 (+9.2%), from €215,460 to €235,389
- Staff costs +€18,638
up €18,638 (+17.7%), from €105,557 to €124,195
- Taxes +€13,583
up €13,583 (+110.7%), from €12,273 to €25,856
- Depreciation -€4,804
down €4,804 (-11.0%), from €43,592 to €38,787
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,448,868 | €1,659,839 | +€210,970 | +14.6% |
| Fixed assets | 21/28 | €1,079,569 | €1,050,388 | -€29,181 | -2.7% |
| Tangible fixed assets | 22/27 | €272,797 | €243,616 | -€29,181 | -10.7% |
| Plant, machinery and equipment | 23 | €158,216 | €139,952 | -€18,263 | -11.5% |
| Furniture and vehicles | 24 | €16,270 | €19,291 | +€3,021 | +18.6% |
| Other tangible fixed assets | 26 | €98,312 | €84,374 | -€13,939 | -14.2% |
| Financial fixed assets | 28 | €806,772 | €806,772 | = | 0.0% |
| Current assets | 29/58 | €369,299 | €609,450 | +€240,151 | +65.0% |
| Amounts receivable within one year | 40/41 | €340,712 | €425,303 | +€84,591 | +24.8% |
| Trade receivables | 40 | €330,084 | €397,440 | +€67,356 | +20.4% |
| Other amounts receivable | 41 | €10,628 | €27,863 | +€17,235 | +162.2% |
| Current investments | 50/53 | €206 | €259 | +€53 | +26.0% |
| Cash at bank and in hand | 54/58 | €25,468 | €176,075 | +€150,607 | +591.3% |
| Deferred charges and accrued income | 490/1 | €2,913 | €7,813 | +€4,899 | +168.2% |
| Total equity and liabilities | 10/49 | €1,448,868 | €1,659,839 | +€210,970 | +14.6% |
| Equity | 10/15 | €39,159 | €77,515 | +€38,355 | +97.9% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | - | -€30,000 | |
| Reserves not available under the articles | 1311 | €30,000 | €0 | -€30,000 | -100.0% |
| Distributable reserves | 133 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | €9,159 | €47,515 | +€38,355 | +418.8% |
| Amounts payable | 17/49 | €1,409,709 | €1,582,324 | +€172,615 | +12.2% |
| Amounts payable after more than one year | 17 | €237,831 | €120,914 | -€116,916 | -49.2% |
| Financial debts | 170/4 | €237,831 | €120,914 | -€116,916 | -49.2% |
| Amounts payable within one year | 42/48 | €1,157,222 | €1,411,409 | +€254,187 | +22.0% |
| Trade debts | 44 | €662,222 | €822,569 | +€160,347 | +24.2% |
| Suppliers | 440/4 | €662,222 | €822,569 | +€160,347 | +24.2% |
| Advances received on contracts in progress | 46 | - | €84,332 | +€84,332 | |
| Taxes, remuneration and social security | 45 | €34,698 | €43,753 | +€9,055 | +26.1% |
| Taxes | 450/3 | €18,814 | €31,107 | +€12,294 | +65.3% |
| Remuneration and social security | 454/9 | €15,884 | €12,646 | -€3,239 | -20.4% |
| Other amounts payable | 47/48 | €460,302 | €460,755 | +€453 | +0.1% |
| Accrued charges and deferred income | 492/3 | €14,656 | €50,000 | +€35,344 | +241.2% |
| Remuneration, social security and pensions | 62 | €105,557 | €124,195 | +€18,638 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,592 | €38,787 | -€4,804 | -11.0% |
| Other operating charges | 640/8 | €34,034 | €3,875 | -€30,158 | -88.6% |
| Gross operating margin | 9900 | €215,460 | €235,389 | +€19,928 | +9.2% |
| Operating profit (loss) | 9901 | €32,278 | €68,531 | +€36,252 | +112.3% |
| Financial income | 75/76B | €622 | €304 | -€318 | -51.1% |
| Recurring financial income | 75 | €622 | €304 | -€318 | -51.1% |
| Financial charges | 65/66B | €6,547 | €4,624 | -€1,923 | -29.4% |
| Recurring financial charges | 65 | €6,547 | €4,624 | -€1,923 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €26,354 | €64,211 | +€37,857 | +143.7% |
| Income taxes | 67/77 | €12,273 | €25,856 | +€13,583 | +110.7% |
| Profit (loss) for the period | 9904 | €14,081 | €38,355 | +€24,275 | +172.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,081 | €38,355 | +€24,275 | +172.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.