DLIVRE: 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.
DLIVRE
Largest movements
- Cash -€34,475
down €34,475 (-73.4%), from €46,964 to €12,489
mainly Debts after one year (-€16,020) and Trade debts (-€12,912)
- Tangible fixed assets -€17,796
down €17,796 (-34.0%), from €52,383 to €34,587
of which Land and buildings: -€10,571
- Receivables within one year +€5,479
up €5,479 (+30.1%), from €18,179 to €23,658
- Debts after one year -€16,020
down €16,020 (-33.9%), from €47,216 to €31,196
- Trade debts -€12,912
down €12,912 (-10.9%), from €118,726 to €105,814
- Tax, wage and social debts -€10,679
down €10,679 (-42.2%), from €25,295 to €14,616
of which Remuneration and social security: -€10,828
- Profit (loss) carried forward -€8,860
down €8,860 (-166%), from -€5,326 to -€14,187
- Other debts +€3,149
up €3,149 (+5.3%), from €59,461 to €62,610
- Gross operating margin -€17,863
down €17,863 (-19.5%), from €91,472 to €73,610
- Staff costs -€14,121
down €14,121 (-21.2%), from €66,759 to €52,638
- Write-downs +€4,402
up €4,402, from -€2,417 to €1,985
- Depreciation +€3,983
up €3,983 (+26.8%), from €14,887 to €18,869
- Financial charges -€1,189
down €1,189 (-19.1%), from €6,216 to €5,027
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 | €303,838 | €259,170 | -€44,668 | -14.7% |
| Fixed assets | 21/28 | €52,383 | €34,587 | -€17,796 | -34.0% |
| Tangible fixed assets | 22/27 | €52,383 | €34,587 | -€17,796 | -34.0% |
| Land and buildings | 22 | €32,341 | €21,770 | -€10,571 | -32.7% |
| Furniture and vehicles | 24 | €20,042 | €12,818 | -€7,225 | -36.0% |
| Current assets | 29/58 | €251,455 | €224,583 | -€26,872 | -10.7% |
| Stocks and contracts in progress | 3 | €180,213 | €181,386 | +€1,173 | +0.7% |
| Stocks | 30/36 | €180,213 | €181,386 | +€1,173 | +0.7% |
| Amounts receivable within one year | 40/41 | €18,179 | €23,658 | +€5,479 | +30.1% |
| Trade receivables | 40 | €18,179 | €23,658 | +€5,479 | +30.1% |
| Cash at bank and in hand | 54/58 | €46,964 | €12,489 | -€34,475 | -73.4% |
| Deferred charges and accrued income | 490/1 | €6,098 | €7,050 | +€952 | +15.6% |
| Total equity and liabilities | 10/49 | €303,838 | €259,170 | -€44,668 | -14.7% |
| Equity | 10/15 | €37,774 | €28,913 | -€8,860 | -23.5% |
| Contributions | 10/11 | €42,000 | €42,000 | = | 0.0% |
| Reserves | 13 | €1,100 | €1,100 | = | 0.0% |
| Distributable reserves | 133 | €1,100 | €1,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,326 | -€14,187 | -€8,860 | -166% |
| Amounts payable | 17/49 | €266,065 | €230,257 | -€35,807 | -13.5% |
| Amounts payable after more than one year | 17 | €47,216 | €31,196 | -€16,020 | -33.9% |
| Financial debts | 170/4 | €47,216 | €31,196 | -€16,020 | -33.9% |
| Amounts payable within one year | 42/48 | €218,848 | €199,061 | -€19,787 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €15,366 | €16,020 | +€655 | +4.3% |
| Trade debts | 44 | €118,726 | €105,814 | -€12,912 | -10.9% |
| Suppliers | 440/4 | €118,726 | €105,814 | -€12,912 | -10.9% |
| Taxes, remuneration and social security | 45 | €25,295 | €14,616 | -€10,679 | -42.2% |
| Taxes | 450/3 | €8,848 | €8,996 | +€148 | +1.7% |
| Remuneration and social security | 454/9 | €16,448 | €5,620 | -€10,828 | -65.8% |
| Other amounts payable | 47/48 | €59,461 | €62,610 | +€3,149 | +5.3% |
| Remuneration, social security and pensions | 62 | €66,759 | €52,638 | -€14,121 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,887 | €18,869 | +€3,983 | +26.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,417 | €1,985 | +€4,402 | |
| Other operating charges | 640/8 | €4,444 | €3,674 | -€769 | -17.3% |
| Non-recurring operating charges | 66A | €72 | - | -€72 | |
| Gross operating margin | 9900 | €91,472 | €73,610 | -€17,863 | -19.5% |
| Operating profit (loss) | 9901 | €7,728 | -€3,557 | -€11,285 | |
| Financial charges | 65/66B | €6,216 | €5,027 | -€1,189 | -19.1% |
| Recurring financial charges | 65 | €6,216 | €5,027 | -€1,189 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €1,512 | -€8,583 | -€10,095 | |
| Income taxes | 67/77 | €211 | €277 | +€66 | +31.5% |
| Profit (loss) for the period | 9904 | €1,301 | -€8,860 | -€10,162 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,301 | -€8,860 | -€10,162 |
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 18 October 2026 via checked.be.