DLP: 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.
DLP
Largest movements
- Current investments -€86,230
down €86,230 (-80.4%), from €107,246 to €21,016
- Cash +€79,243
up €79,243 (+121.5%), from €65,202 to €144,445
mainly Current investments (+€86,230) and Net result for the year (+€26,050)
- Trade debts -€18,694
down €18,694 (-60.7%), from €30,796 to €12,101
- Reserves +€10,336
up €10,336 (+7.2%), from €144,001 to €154,337
of which Distributable reserves: +€10,336
- Tax, wage and social debts +€6,222
up €6,222 (+123.3%), from €5,046 to €11,268
of which Taxes: +€7,686
- Gross operating margin -€32,070
down €32,070 (-44.6%), from €71,910 to €39,839
- Taxes -€7,549
down €7,549 (-39.8%), from €18,950 to €11,401
- Financial income +€1,851
up €1,851 (+349.5%), from €530 to €2,381
- Depreciation -€1,071
down €1,071 (-35.8%), from €2,989 to €1,918
- Other operating charges -€1,017
down €1,017 (-52.5%), from €1,935 to €918
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 | €207,978 | €204,198 | -€3,780 | -1.8% |
| Fixed assets | 21/28 | €4,477 | €6,219 | +€1,742 | +38.9% |
| Tangible fixed assets | 22/27 | €4,477 | €6,219 | +€1,742 | +38.9% |
| Land and buildings | 22 | €1,993 | €1,433 | -€560 | -28.1% |
| Plant, machinery and equipment | 23 | €560 | €3,676 | +€3,116 | +556.2% |
| Furniture and vehicles | 24 | €1,924 | €1,110 | -€814 | -42.3% |
| Current assets | 29/58 | €203,501 | €197,978 | -€5,523 | -2.7% |
| Amounts receivable within one year | 40/41 | €31,053 | €32,517 | +€1,464 | +4.7% |
| Trade receivables | 40 | €23,595 | €32,477 | +€8,882 | +37.6% |
| Other amounts receivable | 41 | €7,458 | €40 | -€7,418 | -99.5% |
| Current investments | 50/53 | €107,246 | €21,016 | -€86,230 | -80.4% |
| Cash at bank and in hand | 54/58 | €65,202 | €144,445 | +€79,243 | +121.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €207,978 | €204,198 | -€3,780 | -1.8% |
| Equity | 10/15 | €169,001 | €179,337 | +€10,336 | +6.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €144,001 | €154,337 | +€10,336 | +7.2% |
| Non-distributable reserves | 130/1 | €28,800 | €28,800 | = | 0.0% |
| Own shares acquired | 1312 | €28,800 | €28,800 | = | 0.0% |
| Distributable reserves | 133 | €115,201 | €125,537 | +€10,336 | +9.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,977 | €24,861 | -€14,116 | -36.2% |
| Amounts payable within one year | 42/48 | €38,977 | €24,861 | -€14,116 | -36.2% |
| Trade debts | 44 | €30,796 | €12,101 | -€18,694 | -60.7% |
| Suppliers | 440/4 | €30,796 | €12,101 | -€18,694 | -60.7% |
| Taxes, remuneration and social security | 45 | €5,046 | €11,268 | +€6,222 | +123.3% |
| Taxes | 450/3 | €46 | €7,732 | +€7,686 | +16841.5% |
| Remuneration and social security | 454/9 | €5,000 | €3,536 | -€1,464 | -29.3% |
| Other amounts payable | 47/48 | €3,136 | €1,491 | -€1,645 | -52.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,989 | €1,918 | -€1,071 | -35.8% |
| Other operating charges | 640/8 | €1,935 | €918 | -€1,017 | -52.5% |
| Gross operating margin | 9900 | €71,910 | €39,839 | -€32,070 | -44.6% |
| Operating profit (loss) | 9901 | €66,986 | €37,003 | -€29,982 | -44.8% |
| Financial income | 75/76B | €530 | €2,381 | +€1,851 | +349.5% |
| Recurring financial income | 75 | €530 | €2,381 | +€1,851 | +349.5% |
| Financial charges | 65/66B | €2,332 | €1,934 | -€399 | -17.1% |
| Recurring financial charges | 65 | €2,332 | €1,934 | -€399 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €65,183 | €37,451 | -€27,732 | -42.5% |
| Income taxes | 67/77 | €18,950 | €11,401 | -€7,549 | -39.8% |
| Profit (loss) for the period | 9904 | €46,234 | €26,050 | -€20,183 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,234 | €26,050 | -€20,183 | -43.7% |
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.