DLM CONCEPT: 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.
DLM CONCEPT
Largest movements
- Receivables within one year +€59,114
up €59,114 (+115.0%), from €51,405 to €110,519
of which Trade receivables: +€56,270
- Cash +€6,425
up €6,425 (+13.8%), from €46,478 to €52,903
mainly Trade debts (+€34,940) and Net result for the year (+€23,762)
- Tangible fixed assets -€2,704
down €2,704 (-27.5%), from €9,850 to €7,146
of which Plant, machinery and equipment: -€1,670
- Trade debts +€34,940
up €34,940 (+81.1%), from €43,074 to €78,014
- Profit (loss) carried forward +€23,761
up €23,761 (+40.3%), from €58,906 to €82,667
- Current portion of long-term debt +€3,543
new in 2025: €3,543
- Gross operating margin +€12,111
up €12,111 (+46.9%), from €25,847 to €37,958
- Other operating charges -€10,341
down €10,341 (-97.6%), from €10,595 to €254
- Depreciation +€3,260
up €3,260 (+36217.2%), from €9 to €3,269
- Taxes +€2,661
up €2,661 (+33.9%), from €7,853 to €10,514
- Staff costs -€431
no longer reported in 2025 (was €431)
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 | €110,833 | €173,667 | +€62,834 | +56.7% |
| Fixed assets | 21/28 | €12,950 | €10,246 | -€2,704 | -20.9% |
| Tangible fixed assets | 22/27 | €9,850 | €7,146 | -€2,704 | -27.5% |
| Plant, machinery and equipment | 23 | €5,807 | €4,137 | -€1,670 | -28.8% |
| Furniture and vehicles | 24 | €4,043 | €3,009 | -€1,034 | -25.6% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €97,883 | €163,422 | +€65,539 | +67.0% |
| Amounts receivable within one year | 40/41 | €51,405 | €110,519 | +€59,114 | +115.0% |
| Trade receivables | 40 | €42,005 | €98,275 | +€56,270 | +134.0% |
| Other amounts receivable | 41 | €9,400 | €12,244 | +€2,844 | +30.3% |
| Cash at bank and in hand | 54/58 | €46,478 | €52,903 | +€6,425 | +13.8% |
| Total equity and liabilities | 10/49 | €110,833 | €173,667 | +€62,834 | +56.7% |
| Equity | 10/15 | €59,906 | €83,667 | +€23,761 | +39.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,906 | €82,667 | +€23,761 | +40.3% |
| Amounts payable | 17/49 | €50,927 | €90,000 | +€39,073 | +76.7% |
| Amounts payable within one year | 42/48 | €50,927 | €90,000 | +€39,073 | +76.7% |
| Current portion of amounts payable after more than one year | 42 | - | €3,543 | +€3,543 | |
| Trade debts | 44 | €43,074 | €78,014 | +€34,940 | +81.1% |
| Suppliers | 440/4 | €43,074 | €78,014 | +€34,940 | +81.1% |
| Taxes, remuneration and social security | 45 | €7,853 | €7,459 | -€394 | -5.0% |
| Taxes | 450/3 | €7,853 | €7,459 | -€394 | -5.0% |
| Other amounts payable | 47/48 | - | €984 | +€984 | |
| Remuneration, social security and pensions | 62 | €431 | - | -€431 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9 | €3,269 | +€3,260 | +36217.2% |
| Other operating charges | 640/8 | €10,595 | €254 | -€10,341 | -97.6% |
| Gross operating margin | 9900 | €25,847 | €37,958 | +€12,111 | +46.9% |
| Operating profit (loss) | 9901 | €14,812 | €34,436 | +€19,624 | +132.5% |
| Financial income | 75/76B | €194 | - | -€194 | |
| Recurring financial income | 75 | €194 | - | -€194 | |
| Financial charges | 65/66B | €278 | €160 | -€118 | -42.5% |
| Recurring financial charges | 65 | €278 | €160 | -€118 | -42.5% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €14,728 | €34,276 | +€19,548 | +132.7% |
| Income taxes | 67/77 | €7,853 | €10,514 | +€2,661 | +33.9% |
| Profit (loss) for the period | 9904 | €6,875 | €23,762 | +€16,887 | +245.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,875 | €23,762 | +€16,887 | +245.6% |
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 9 October 2026 via checked.be.