DLOPES: 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.
DLOPES
Largest movements
- Receivables within one year +€28,395
up €28,395 (+53.4%), from €53,209 to €81,604
of which Other amounts receivable: +€43,101
- Cash -€26,999
down €26,999 (-17.4%), from €155,054 to €128,055
mainly Contributions, distributions and other (-€190,940) and Investment in fixed assets (net) (-€38,777)
- Tangible fixed assets +€20,418
up €20,418 (+37.2%), from €54,864 to €75,282
of which Furniture and vehicles: +€42,043
- Tax, wage and social debts +€10,517
up €10,517 (+41.0%), from €25,658 to €36,175
of which Taxes: +€10,517
- Other debts +€8,612
up €8,612 (+4.7%), from €182,328 to €190,941
- Current portion of long-term debt -€3,741
down €3,741 (-18.5%), from €20,213 to €16,472
- Depreciation -€10,550
down €10,550 (-36.5%), from €28,909 to €18,359
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 | €268,267 | €287,612 | +€19,345 | +7.2% |
| Fixed assets | 21/28 | €54,864 | €75,282 | +€20,418 | +37.2% |
| Tangible fixed assets | 22/27 | €54,864 | €75,282 | +€20,418 | +37.2% |
| Plant, machinery and equipment | 23 | €1,352 | €1,246 | -€106 | -7.8% |
| Furniture and vehicles | 24 | €1,205 | €43,248 | +€42,043 | +3490.3% |
| Leasing and similar rights | 25 | €52,308 | €30,788 | -€21,520 | -41.1% |
| Current assets | 29/58 | €213,403 | €212,331 | -€1,072 | -0.5% |
| Amounts receivable within one year | 40/41 | €53,209 | €81,604 | +€28,395 | +53.4% |
| Trade receivables | 40 | €53,209 | €38,503 | -€14,706 | -27.6% |
| Other amounts receivable | 41 | - | €43,101 | +€43,101 | |
| Cash at bank and in hand | 54/58 | €155,054 | €128,055 | -€26,999 | -17.4% |
| Deferred charges and accrued income | 490/1 | €5,141 | €2,672 | -€2,468 | -48.0% |
| Total equity and liabilities | 10/49 | €268,267 | €287,612 | +€19,345 | +7.2% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €266,267 | €285,612 | +€19,345 | +7.3% |
| Amounts payable after more than one year | 17 | €36,004 | €38,288 | +€2,285 | +6.3% |
| Financial debts | 170/4 | €36,004 | €38,288 | +€2,285 | +6.3% |
| Amounts payable within one year | 42/48 | €230,264 | €247,324 | +€17,061 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €20,213 | €16,472 | -€3,741 | -18.5% |
| Trade debts | 44 | €2,064 | €3,737 | +€1,672 | +81.0% |
| Suppliers | 440/4 | €2,064 | €3,737 | +€1,672 | +81.0% |
| Taxes, remuneration and social security | 45 | €25,658 | €36,175 | +€10,517 | +41.0% |
| Taxes | 450/3 | €22,858 | €33,375 | +€10,517 | +46.0% |
| Remuneration and social security | 454/9 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 47/48 | €182,328 | €190,941 | +€8,612 | +4.7% |
| Non-recurring operating income | 76A | - | €10,290 | +€10,290 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,909 | €18,359 | -€10,550 | -36.5% |
| Gross operating margin | 9900 | €268,047 | €270,137 | +€2,090 | +0.8% |
| Operating profit (loss) | 9901 | €239,138 | €251,778 | +€12,640 | +5.3% |
| Financial income | 75/76B | €2,585 | €1,108 | -€1,477 | -57.1% |
| Recurring financial income | 75 | €2,585 | €1,108 | -€1,477 | -57.1% |
| Financial charges | 65/66B | €1,516 | €1,360 | -€155 | -10.2% |
| Recurring financial charges | 65 | €1,516 | €1,360 | -€155 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €240,208 | €251,526 | +€11,318 | +4.7% |
| Income taxes | 67/77 | €60,076 | €60,586 | +€510 | +0.8% |
| Profit (loss) for the period | 9904 | €180,132 | €190,940 | +€10,809 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €180,132 | €190,940 | +€10,809 | +6.0% |
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 30 September 2026 via checked.be.