DLM Projects: 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 Projects
Largest movements
- Cash +€146,889
up €146,889 (+54280.5%), from €271 to €147,159
mainly Debts after one year (+€317,615) and Short-term financial debts (+€222,814)
- Receivables within one year +€143,261
up €143,261 (+860.8%), from €16,643 to €159,904
- Stocks and contracts -€12,860
down €12,860 (-2.1%), from €622,187 to €609,327
- Other debts -€334,938
down €334,938 (-93.9%), from €356,743 to €21,805
- Debts after one year +€317,615
up €317,615 (+112.5%), from €282,385 to €600,000
of which Other amounts payable: +€600,000
- Short-term financial debts +€222,814
new in 2025: €222,814
- Reserves +€30,504
new in 2025: €30,504
- Profit (loss) carried forward +€27,323
up €27,323, from -€27,323 to €0
- Gross operating margin +€104,590
up €104,590, from -€17,296 to €87,293
- Taxes +€11,474
new in 2025: €11,474
- Financial charges +€8,259
up €8,259 (+107.6%), from €7,678 to €15,937
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 | €639,100 | €916,390 | +€277,290 | +43.4% |
| Current assets | 29/58 | €639,100 | €916,390 | +€277,290 | +43.4% |
| Stocks and contracts in progress | 3 | €622,187 | €609,327 | -€12,860 | -2.1% |
| Stocks | 30/36 | €622,187 | €609,327 | -€12,860 | -2.1% |
| Amounts receivable within one year | 40/41 | €16,643 | €159,904 | +€143,261 | +860.8% |
| Trade receivables | 40 | €16,643 | €159,904 | +€143,261 | +860.8% |
| Cash at bank and in hand | 54/58 | €271 | €147,159 | +€146,889 | +54280.5% |
| Total equity and liabilities | 10/49 | €639,100 | €916,390 | +€277,290 | +43.4% |
| Equity | 10/15 | -€17,323 | €40,504 | +€57,827 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €30,504 | +€30,504 | |
| Distributable reserves | 133 | - | €30,504 | +€30,504 | |
| Profit (loss) carried forward | 14 | -€27,323 | €0 | +€27,323 | |
| Amounts payable | 17/49 | €656,423 | €875,886 | +€219,463 | +33.4% |
| Amounts payable after more than one year | 17 | €282,385 | €600,000 | +€317,615 | +112.5% |
| Financial debts | 170/4 | €282,385 | €0 | -€282,385 | -100.0% |
| Other amounts payable | 178/9 | - | €600,000 | +€600,000 | |
| Amounts payable within one year | 42/48 | €374,038 | €275,886 | -€98,152 | -26.2% |
| Financial debts | 43 | - | €222,814 | +€222,814 | |
| Credit institutions | 430/8 | - | €222,814 | +€222,814 | |
| Trade debts | 44 | €16,439 | €17,399 | +€960 | +5.8% |
| Suppliers | 440/4 | €16,439 | €17,399 | +€960 | +5.8% |
| Taxes, remuneration and social security | 45 | €856 | €13,868 | +€13,012 | +1519.7% |
| Taxes | 450/3 | €856 | €13,868 | +€13,012 | +1519.7% |
| Other amounts payable | 47/48 | €356,743 | €21,805 | -€334,938 | -93.9% |
| Other operating charges | 640/8 | €2,349 | €2,074 | -€275 | -11.7% |
| Gross operating margin | 9900 | -€17,296 | €87,293 | +€104,590 | |
| Operating profit (loss) | 9901 | -€19,645 | €85,219 | +€104,865 | |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €7,678 | €15,937 | +€8,259 | +107.6% |
| Recurring financial charges | 65 | €7,678 | €15,937 | +€8,259 | +107.6% |
| Profit (loss) for the period before taxes | 9903 | -€27,323 | €69,302 | +€96,625 | |
| Income taxes | 67/77 | - | €11,474 | +€11,474 | |
| Profit (loss) for the period | 9904 | -€27,323 | €57,827 | +€85,151 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,323 | €57,827 | +€85,151 |
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 11 October 2026 via checked.be.