DLR THERAPY: 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.
DLR THERAPY
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+51.9%), from €2.0m to €3.1m
of which Land and buildings: +€1.1m
- Cash -€258,495
down €258,495 (-53.2%), from €486,020 to €227,525
mainly Investment in fixed assets (net) (-€1.2m) and Contributions, distributions and other (-€360,000)
- Debts after one year +€944,294
up €944,294 (+56.7%), from €1.7m to €2.6m
- Other debts -€216,266
down €216,266 (-34.2%), from €632,708 to €416,442
- Current portion of long-term debt +€50,909
up €50,909 (+39.8%), from €127,816 to €178,725
- Gross operating margin +€322,418
up €322,418 (+62.4%), from €516,771 to €839,189
- Taxes +€55,102
up €55,102 (+96.1%), from €57,328 to €112,431
- Financial charges +€51,015
up €51,015 (+108%), from €47,071 to €98,086
- Staff costs +€29,722
up €29,722 (+88.4%), from €33,622 to €63,344
- Depreciation +€10,434
up €10,434 (+5.8%), from €180,937 to €191,371
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 | €2,509,733 | €3,297,924 | +€788,191 | +31.4% |
| Fixed assets | 21/28 | €2,017,022 | €3,063,551 | +€1.0m | +51.9% |
| Tangible fixed assets | 22/27 | €2,017,022 | €3,063,551 | +€1.0m | +51.9% |
| Land and buildings | 22 | €1,983,718 | €3,049,733 | +€1.1m | +53.7% |
| Plant, machinery and equipment | 23 | €12,411 | €3,610 | -€8,800 | -70.9% |
| Furniture and vehicles | 24 | €20,893 | €10,208 | -€10,686 | -51.1% |
| Current assets | 29/58 | €492,711 | €234,374 | -€258,338 | -52.4% |
| Amounts receivable within one year | 40/41 | €2,672 | €2,672 | = | 0.0% |
| Other amounts receivable | 41 | €2,672 | €2,672 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €486,020 | €227,525 | -€258,495 | -53.2% |
| Deferred charges and accrued income | 490/1 | €4,019 | €4,177 | +€157 | +3.9% |
| Total equity and liabilities | 10/49 | €2,509,733 | €3,297,924 | +€788,191 | +31.4% |
| Equity | 10/15 | €30,022 | €20,726 | -€9,296 | -31.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,422 | €2,126 | -€9,296 | -81.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,562 | €266 | -€9,296 | -97.2% |
| Amounts payable | 17/49 | €2,479,711 | €3,277,199 | +€797,487 | +32.2% |
| Amounts payable after more than one year | 17 | €1,664,073 | €2,608,367 | +€944,294 | +56.7% |
| Financial debts | 170/4 | €1,664,073 | €2,608,367 | +€944,294 | +56.7% |
| Amounts payable within one year | 42/48 | €815,638 | €664,558 | -€151,080 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €127,816 | €178,725 | +€50,909 | +39.8% |
| Trade debts | 44 | €1,091 | €1,946 | +€855 | +78.4% |
| Suppliers | 440/4 | €1,091 | €1,946 | +€855 | +78.4% |
| Taxes, remuneration and social security | 45 | €54,024 | €67,445 | +€13,422 | +24.8% |
| Taxes | 450/3 | €47,086 | €54,648 | +€7,562 | +16.1% |
| Remuneration and social security | 454/9 | €6,937 | €12,797 | +€5,860 | +84.5% |
| Other amounts payable | 47/48 | €632,708 | €416,442 | -€216,266 | -34.2% |
| Accrued charges and deferred income | 492/3 | - | €4,273 | +€4,273 | |
| Remuneration, social security and pensions | 62 | €33,622 | €63,344 | +€29,722 | +88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,937 | €191,371 | +€10,434 | +5.8% |
| Other operating charges | 640/8 | €15,802 | €23,362 | +€7,560 | +47.8% |
| Gross operating margin | 9900 | €516,771 | €839,189 | +€322,418 | +62.4% |
| Operating profit (loss) | 9901 | €286,409 | €561,111 | +€274,702 | +95.9% |
| Financial income | 75/76B | - | €109 | +€109 | |
| Recurring financial income | 75 | - | €109 | +€109 | |
| Financial charges | 65/66B | €47,071 | €98,086 | +€51,015 | +108% |
| Recurring financial charges | 65 | €47,071 | €98,086 | +€51,015 | +108% |
| Profit (loss) for the period before taxes | 9903 | €239,338 | €463,134 | +€223,796 | +93.5% |
| Income taxes | 67/77 | €57,328 | €112,431 | +€55,102 | +96.1% |
| Profit (loss) for the period | 9904 | €182,010 | €350,704 | +€168,694 | +92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €182,010 | €350,704 | +€168,694 | +92.7% |
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 23 October 2026 via checked.be.