DLM: 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.
DLM
Largest movements
- Receivables within one year +€38,973
up €38,973 (+32.6%), from €119,627 to €158,600
of which Trade receivables: +€32,013
- Deferred charges and accrued income +€10,774
up €10,774 (+300.3%), from €3,588 to €14,362
- Tangible fixed assets +€5,218
up €5,218 (+369.9%), from €1,411 to €6,628
- Other debts +€54,320
up €54,320 (+22.9%), from €237,023 to €291,343
- Gross operating margin +€80,019
up €80,019 (+59.6%), from €134,307 to €214,326
- Other operating charges -€6,866
down €6,866 (-91.8%), from €7,479 to €613
- Staff costs +€6,586
up €6,586 (+103.8%), from €6,347 to €12,932
- Financial income +€3,365
up €3,365 (+156.8%), from €2,146 to €5,511
- Depreciation +€2,953
up €2,953 (+1458.7%), from €202 to €3,155
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 | €275,402 | €328,525 | +€53,123 | +19.3% |
| Fixed assets | 21/28 | €2,910 | €8,128 | +€5,218 | +179.3% |
| Tangible fixed assets | 22/27 | €1,411 | €6,628 | +€5,218 | +369.9% |
| Furniture and vehicles | 24 | €1,411 | €6,628 | +€5,218 | +369.9% |
| Financial fixed assets | 28 | €1,499 | €1,499 | = | 0.0% |
| Current assets | 29/58 | €272,492 | €320,397 | +€47,905 | +17.6% |
| Amounts receivable within one year | 40/41 | €119,627 | €158,600 | +€38,973 | +32.6% |
| Trade receivables | 40 | €57,440 | €89,454 | +€32,013 | +55.7% |
| Other amounts receivable | 41 | €62,187 | €69,146 | +€6,959 | +11.2% |
| Cash at bank and in hand | 54/58 | €149,277 | €147,435 | -€1,842 | -1.2% |
| Deferred charges and accrued income | 490/1 | €3,588 | €14,362 | +€10,774 | +300.3% |
| Total equity and liabilities | 10/49 | €275,402 | €328,525 | +€53,123 | +19.3% |
| Equity | 10/15 | €20,506 | €20,506 | = | 0.0% |
| Contributions | 10/11 | €18,642 | €18,642 | = | 0.0% |
| Reserves | 13 | €1,864 | €1,864 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,864 | €1,864 | = | 0.0% |
| Other | 1319 | €1,864 | €1,864 | = | 0.0% |
| Amounts payable | 17/49 | €254,896 | €308,019 | +€53,123 | +20.8% |
| Amounts payable within one year | 42/48 | €250,746 | €303,869 | +€53,123 | +21.2% |
| Trade debts | 44 | €5,931 | €6,850 | +€919 | +15.5% |
| Suppliers | 440/4 | €5,931 | €6,850 | +€919 | +15.5% |
| Advances received on contracts in progress | 46 | - | €200 | +€200 | |
| Taxes, remuneration and social security | 45 | €7,792 | €5,476 | -€2,316 | -29.7% |
| Taxes | 450/3 | €7,204 | €2,204 | -€5,000 | -69.4% |
| Remuneration and social security | 454/9 | €588 | €3,272 | +€2,684 | +456.6% |
| Other amounts payable | 47/48 | €237,023 | €291,343 | +€54,320 | +22.9% |
| Accrued charges and deferred income | 492/3 | €4,150 | €4,150 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €6,347 | €12,932 | +€6,586 | +103.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202 | €3,155 | +€2,953 | +1458.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,066 | +€2,066 | |
| Other operating charges | 640/8 | €7,479 | €613 | -€6,866 | -91.8% |
| Gross operating margin | 9900 | €134,307 | €214,326 | +€80,019 | +59.6% |
| Operating profit (loss) | 9901 | €120,279 | €195,559 | +€75,280 | +62.6% |
| Financial income | 75/76B | €2,146 | €5,511 | +€3,365 | +156.8% |
| Recurring financial income | 75 | €2,146 | €5,511 | +€3,365 | +156.8% |
| Financial charges | 65/66B | €2,151 | €1,677 | -€474 | -22.0% |
| Recurring financial charges | 65 | €2,151 | €1,677 | -€474 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €120,274 | €199,393 | +€79,119 | +65.8% |
| Income taxes | 67/77 | €43 | €226 | +€182 | +420.6% |
| Profit (loss) for the period | 9904 | €120,231 | €199,167 | +€78,937 | +65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €120,231 | €199,167 | +€78,937 | +65.7% |
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 5 October 2026 via checked.be.