DLM SERVICE: 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 SERVICE
Largest movements
- Receivables within one year +€172,209
up €172,209 (+96.1%), from €179,194 to €351,402
of which Trade receivables: +€182,409
- Stocks and contracts -€40,457
down €40,457 (-6.4%), from €633,716 to €593,259
- Tangible fixed assets +€37,932
up €37,932 (+41.7%), from €91,014 to €128,947
of which Furniture and vehicles: +€53,298
- Cash -€11,038
down €11,038 (-76.0%), from €14,532 to €3,494
mainly Receivables within one year (-€172,209) and Investment in fixed assets (net) (-€71,498)
- Reserves +€255,429
up €255,429 (+68.2%), from €374,541 to €629,969
of which Distributable reserves: +€255,429
- Trade debts -€45,400
down €45,400 (-77.7%), from €58,434 to €13,034
- Other debts -€36,124
down €36,124 (-71.1%), from €50,792 to €14,669
- Tax, wage and social debts -€16,486
down €16,486 (-24.7%), from €66,839 to €50,353
of which Remuneration and social security: -€15,530
- Gross operating margin +€334,744
up €334,744 (+142%), from €235,719 to €570,463
- Financial charges +€11,345
up €11,345 (+59.1%), from €19,206 to €30,552
of which Non-recurring financial charges: +€10,000
- Depreciation +€8,141
up €8,141 (+32.0%), from €25,425 to €33,566
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 | €918,606 | €1,077,791 | +€159,185 | +17.3% |
| Fixed assets | 21/28 | €91,164 | €129,097 | +€37,932 | +41.6% |
| Tangible fixed assets | 22/27 | €91,014 | €128,947 | +€37,932 | +41.7% |
| Plant, machinery and equipment | 23 | €77,109 | €61,744 | -€15,365 | -19.9% |
| Furniture and vehicles | 24 | €13,905 | €67,203 | +€53,298 | +383% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €827,442 | €948,694 | +€121,253 | +14.7% |
| Stocks and contracts in progress | 3 | €633,716 | €593,259 | -€40,457 | -6.4% |
| Stocks | 30/36 | €633,716 | €593,259 | -€40,457 | -6.4% |
| Amounts receivable within one year | 40/41 | €179,194 | €351,402 | +€172,209 | +96.1% |
| Trade receivables | 40 | €49,325 | €231,734 | +€182,409 | +370% |
| Other amounts receivable | 41 | €129,868 | €119,668 | -€10,200 | -7.9% |
| Cash at bank and in hand | 54/58 | €14,532 | €3,494 | -€11,038 | -76.0% |
| Deferred charges and accrued income | 490/1 | - | €539 | +€539 | |
| Total equity and liabilities | 10/49 | €918,606 | €1,077,791 | +€159,185 | +17.3% |
| Equity | 10/15 | €457,541 | €712,969 | +€255,429 | +55.8% |
| Contributions | 10/11 | €83,000 | €83,000 | = | 0.0% |
| Contributions outside capital | 11 | €83,000 | €83,000 | = | 0.0% |
| Other | 1109/19 | €83,000 | €83,000 | = | 0.0% |
| Reserves | 13 | €374,541 | €629,969 | +€255,429 | +68.2% |
| Non-distributable reserves | 130/1 | €8,300 | €8,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,300 | €8,300 | = | 0.0% |
| Distributable reserves | 133 | €366,241 | €621,669 | +€255,429 | +69.7% |
| Amounts payable | 17/49 | €461,065 | €364,822 | -€96,244 | -20.9% |
| Amounts payable within one year | 42/48 | €461,065 | €364,822 | -€96,244 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €6,767 | +€1,766 | +35.3% |
| Financial debts | 43 | €280,000 | €280,000 | = | 0.0% |
| Credit institutions | 430/8 | €280,000 | €280,000 | = | 0.0% |
| Trade debts | 44 | €58,434 | €13,034 | -€45,400 | -77.7% |
| Suppliers | 440/4 | €58,434 | €13,034 | -€45,400 | -77.7% |
| Taxes, remuneration and social security | 45 | €66,839 | €50,353 | -€16,486 | -24.7% |
| Taxes | 450/3 | €37,497 | €36,541 | -€957 | -2.6% |
| Remuneration and social security | 454/9 | €29,342 | €13,812 | -€15,530 | -52.9% |
| Other amounts payable | 47/48 | €50,792 | €14,669 | -€36,124 | -71.1% |
| Remuneration, social security and pensions | 62 | €216,859 | €218,012 | +€1,152 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,425 | €33,566 | +€8,141 | +32.0% |
| Other operating charges | 640/8 | €5,137 | €8,463 | +€3,327 | +64.8% |
| Gross operating margin | 9900 | €235,719 | €570,463 | +€334,744 | +142% |
| Operating profit (loss) | 9901 | -€11,703 | €310,422 | +€322,125 | |
| Financial income | 75/76B | €367 | €138 | -€228 | -62.3% |
| Recurring financial income | 75 | €367 | €138 | -€228 | -62.3% |
| Financial charges | 65/66B | €19,206 | €30,552 | +€11,345 | +59.1% |
| Recurring financial charges | 65 | €18,206 | €19,552 | +€1,345 | +7.4% |
| Non-recurring financial charges | 66B | €1,000 | €11,000 | +€10,000 | +1,000% |
| Profit (loss) for the period before taxes | 9903 | -€30,542 | €280,009 | +€310,551 | |
| Income taxes | 67/77 | €22,976 | €24,580 | +€1,605 | +7.0% |
| Profit (loss) for the period | 9904 | -€53,518 | €255,429 | +€308,947 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,518 | €255,429 | +€308,947 |
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 16 October 2026 via checked.be.