DLM.MED: 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.MED
Largest movements
- Cash -€219,898
down €219,898 (-65.5%), from €335,833 to €115,935
mainly Contributions, distributions and other (-€218,400) and Current investments (-€145,047)
- Current investments +€145,047
up €145,047 (+59.8%), from €242,674 to €387,721
- Tangible fixed assets +€69,910
up €69,910 (+612.7%), from €11,409 to €81,319
of which Furniture and vehicles: +€71,183
- Reserves -€93,400
down €93,400 (-17.1%), from €545,160 to €451,760
- Other debts +€80,251
up €80,251 (+69.5%), from €115,500 to €195,751
- Tax, wage and social debts +€11,211
up €11,211 (+103.2%), from €10,865 to €22,076
- Gross operating margin +€23,816
up €23,816 (+14.1%), from €169,469 to €193,284
- Taxes +€7,365
up €7,365 (+14.9%), from €49,418 to €56,783
- Depreciation +€4,237
up €4,237 (+139.8%), from €3,032 to €7,269
- Other operating charges +€2,741
up €2,741 (+232.2%), from €1,180 to €3,921
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 | €688,536 | €687,300 | -€1,237 | -0.2% |
| Fixed assets | 21/28 | €13,409 | €83,319 | +€69,910 | +521.4% |
| Tangible fixed assets | 22/27 | €11,409 | €81,319 | +€69,910 | +612.7% |
| Plant, machinery and equipment | 23 | €8,773 | €7,501 | -€1,273 | -14.5% |
| Furniture and vehicles | 24 | €2,636 | €73,819 | +€71,183 | +2700.6% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €675,127 | €603,980 | -€71,147 | -10.5% |
| Amounts receivable within one year | 40/41 | €85,349 | €87,373 | +€2,024 | +2.4% |
| Trade receivables | 40 | €83,343 | €87,373 | +€4,030 | +4.8% |
| Other amounts receivable | 41 | €2,006 | €0 | -€2,006 | -100.0% |
| Current investments | 50/53 | €242,674 | €387,721 | +€145,047 | +59.8% |
| Cash at bank and in hand | 54/58 | €335,833 | €115,935 | -€219,898 | -65.5% |
| Deferred charges and accrued income | 490/1 | €11,271 | €12,951 | +€1,680 | +14.9% |
| Total equity and liabilities | 10/49 | €688,536 | €687,300 | -€1,237 | -0.2% |
| Equity | 10/15 | €560,069 | €466,732 | -€93,338 | -16.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €545,160 | €451,760 | -€93,400 | -17.1% |
| Distributable reserves | 133 | €545,160 | €451,760 | -€93,400 | -17.1% |
| Profit (loss) carried forward | 14 | €2,509 | €2,572 | +€62 | +2.5% |
| Amounts payable | 17/49 | €128,467 | €220,568 | +€92,101 | +71.7% |
| Amounts payable within one year | 42/48 | €128,467 | €220,568 | +€92,101 | +71.7% |
| Trade debts | 44 | €2,102 | €2,741 | +€639 | +30.4% |
| Suppliers | 440/4 | €2,102 | €2,741 | +€639 | +30.4% |
| Taxes, remuneration and social security | 45 | €10,865 | €22,076 | +€11,211 | +103.2% |
| Taxes | 450/3 | €10,865 | €22,076 | +€11,211 | +103.2% |
| Other amounts payable | 47/48 | €115,500 | €195,751 | +€80,251 | +69.5% |
| Non-recurring operating income | 76A | €0 | €12,530 | +€12,529 | +62647450.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,032 | €7,269 | +€4,237 | +139.8% |
| Other operating charges | 640/8 | €1,180 | €3,921 | +€2,741 | +232.2% |
| Gross operating margin | 9900 | €169,469 | €193,284 | +€23,816 | +14.1% |
| Operating profit (loss) | 9901 | €165,256 | €182,094 | +€16,838 | +10.2% |
| Financial income | 75/76B | €1,905 | €2,530 | +€625 | +32.8% |
| Recurring financial income | 75 | €1,905 | €2,530 | +€625 | +32.8% |
| Financial charges | 65/66B | €1,914 | €2,779 | +€865 | +45.2% |
| Recurring financial charges | 65 | €1,914 | €2,779 | +€865 | +45.2% |
| Profit (loss) for the period before taxes | 9903 | €165,247 | €181,845 | +€16,598 | +10.0% |
| Income taxes | 67/77 | €49,418 | €56,783 | +€7,365 | +14.9% |
| Profit (loss) for the period | 9904 | €115,829 | €125,062 | +€9,233 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €115,829 | €125,062 | +€9,233 | +8.0% |
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 6 October 2026 via checked.be.