Dlv Sanithermic: 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.
Dlv Sanithermic
Largest movements
- Tangible fixed assets +€250,526
up €250,526 (+776%), from €32,287 to €282,813
of which Land and buildings: +€241,396
- Stocks and contracts -€19,228
down €19,228 (-60.5%), from €31,808 to €12,580
of which Contracts in progress: -€12,813
- Receivables within one year +€12,760
up €12,760 (+17.2%), from €74,344 to €87,104
of which Other amounts receivable: +€41,397
- Cash -€9,919
no longer reported in 2024 (was €9,919)
mainly Investment in fixed assets (net) (-€266,119) and Net result for the year (-€33,185)
- Debts after one year +€238,110
up €238,110 (+2,078%), from €11,459 to €249,569
- Reserves -€40,000
down €40,000 (-66.7%), from €60,000 to €20,000
- Trade debts +€32,183
up €32,183 (+144%), from €22,314 to €54,497
- Tax, wage and social debts -€13,823
down €13,823 (-69.4%), from €19,910 to €6,088
of which Taxes: -€13,046
- Short-term financial debts +€12,534
new in 2024: €12,534
- Gross operating margin -€34,150
down €34,150 (-95.9%), from €35,628 to €1,479
- Staff costs +€8,549
up €8,549 (+223%), from €3,841 to €12,391
- Financial charges +€4,708
up €4,708 (+583%), from €808 to €5,516
of which Financial charges: +€4,972
- Depreciation +€4,446
up €4,446 (+42.2%), from €10,534 to €14,980
- Taxes -€3,732
down €3,732 (-80.0%), from €4,662 to €931
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,499 | €383,765 | +€234,266 | +157% |
| Fixed assets | 21/28 | €32,942 | €284,081 | +€251,139 | +762% |
| Intangible fixed assets | 21 | €480 | €293 | -€187 | -38.9% |
| Tangible fixed assets | 22/27 | €32,287 | €282,813 | +€250,526 | +776% |
| Land and buildings | 22 | €4,962 | €246,358 | +€241,396 | +4,865% |
| Plant, machinery and equipment | 23 | €6,386 | €21,930 | +€15,544 | +243% |
| Furniture and vehicles | 24 | €8,242 | €6,864 | -€1,378 | -16.7% |
| Leasing and similar rights | 25 | €12,698 | €7,661 | -€5,037 | -39.7% |
| Financial fixed assets | 28 | €175 | €975 | +€800 | +457% |
| Current assets | 29/58 | €116,557 | €99,684 | -€16,873 | -14.5% |
| Stocks and contracts in progress | 3 | €31,808 | €12,580 | -€19,228 | -60.5% |
| Stocks | 30/36 | €18,996 | €12,580 | -€6,416 | -33.8% |
| Contracts in progress | 37 | €12,813 | €0 | -€12,813 | -100% |
| Amounts receivable within one year | 40/41 | €74,344 | €87,104 | +€12,760 | +17.2% |
| Trade receivables | 40 | €66,685 | €38,048 | -€28,637 | -42.9% |
| Other amounts receivable | 41 | €7,660 | €49,056 | +€41,397 | +540% |
| Cash at bank and in hand | 54/58 | €9,919 | - | -€9,919 | |
| Deferred charges and accrued income | 490/1 | €486 | - | -€486 | |
| Total equity and liabilities | 10/49 | €149,499 | €383,765 | +€234,266 | +157% |
| Equity | 10/15 | €81,493 | €48,308 | -€33,185 | -40.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €20,000 | -€40,000 | -66.7% |
| Distributable reserves | 133 | €60,000 | €20,000 | -€40,000 | -66.7% |
| Profit (loss) carried forward | 14 | €16,493 | €23,308 | +€6,815 | +41.3% |
| Amounts payable | 17/49 | €68,006 | €335,457 | +€267,451 | +393% |
| Amounts payable after more than one year | 17 | €11,459 | €249,569 | +€238,110 | +2,078% |
| Financial debts | 170/4 | €11,459 | €249,569 | +€238,110 | +2,078% |
| Amounts payable within one year | 42/48 | €56,547 | €85,888 | +€29,341 | +51.9% |
| Current portion of amounts payable after more than one year | 42 | €12,298 | €12,770 | +€473 | +3.8% |
| Financial debts | 43 | - | €12,534 | +€12,534 | |
| Credit institutions | 430/8 | - | €12,534 | +€12,534 | |
| Trade debts | 44 | €22,314 | €54,497 | +€32,183 | +144% |
| Suppliers | 440/4 | €22,314 | €54,497 | +€32,183 | +144% |
| Taxes, remuneration and social security | 45 | €19,910 | €6,088 | -€13,823 | -69.4% |
| Taxes | 450/3 | €19,134 | €6,088 | -€13,046 | -68.2% |
| Remuneration and social security | 454/9 | €776 | - | -€776 | |
| Other amounts payable | 47/48 | €2,025 | - | -€2,025 | |
| Remuneration, social security and pensions | 62 | €3,841 | €12,391 | +€8,549 | +223% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,534 | €14,980 | +€4,446 | +42.2% |
| Other operating charges | 640/8 | €1,231 | €863 | -€367 | -29.9% |
| Gross operating margin | 9900 | €35,628 | €1,479 | -€34,150 | -95.9% |
| Operating profit (loss) | 9901 | €20,022 | -€26,756 | -€46,777 | |
| Financial income | 75/76B | €273 | €17 | -€255 | -93.7% |
| Recurring financial income | 75 | €273 | €17 | -€255 | -93.7% |
| Non-recurring financial income | 76B | €273 | €17 | -€255 | -93.7% |
| Financial charges | 65/66B | €808 | €5,516 | +€4,708 | +583% |
| Recurring financial charges | 65 | €485 | €5,458 | +€4,972 | +1,024% |
| Non-recurring financial charges | 66B | €322 | €58 | -€264 | -81.9% |
| Profit (loss) for the period before taxes | 9903 | €19,487 | -€32,254 | -€51,741 | |
| Income taxes | 67/77 | €4,662 | €931 | -€3,732 | -80.0% |
| Profit (loss) for the period | 9904 | €14,825 | -€33,185 | -€48,009 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,825 | -€33,185 | -€48,009 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.