DLX: 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.
DLX
Largest movements
- Cash +€54,032
up €54,032 (+13.2%), from €408,946 to €462,978
mainly Receivables within one year (+€32,841) and Net result for the year (+€22,532)
- Receivables within one year -€32,841
down €32,841 (-62.1%), from €52,914 to €20,073
of which Trade receivables: -€28,456
- Reserves +€22,532
up €22,532 (+5.1%), from €439,983 to €462,515
of which Distributable reserves: +€22,532
- Gross operating margin +€14,699
up €14,699 (+111.5%), from €13,186 to €27,884
- Financial income -€4,728
down €4,728 (-45.3%), from €10,445 to €5,717
- Taxes +€3,189
up €3,189 (+52.6%), from €6,064 to €9,253
- Depreciation +€346
up €346 (+92.8%), from €373 to €719
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €466,716 | €489,593 | +€22,876 | +4.9% |
| Fixed assets | 21/28 | €696 | €1,603 | +€907 | +130.4% |
| Tangible fixed assets | 22/27 | €696 | €1,603 | +€907 | +130.4% |
| Plant, machinery and equipment | 23 | €696 | €1,603 | +€907 | +130.4% |
| Current assets | 29/58 | €466,020 | €487,989 | +€21,969 | +4.7% |
| Stocks and contracts in progress | 3 | €1,414 | €2,192 | +€778 | +55.0% |
| Stocks | 30/36 | €1,414 | €2,192 | +€778 | +55.0% |
| Amounts receivable within one year | 40/41 | €52,914 | €20,073 | -€32,841 | -62.1% |
| Trade receivables | 40 | €45,845 | €17,389 | -€28,456 | -62.1% |
| Other amounts receivable | 41 | €7,069 | €2,684 | -€4,385 | -62.0% |
| Current investments | 50/53 | €2,746 | €2,746 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €408,946 | €462,978 | +€54,032 | +13.2% |
| Total equity and liabilities | 10/49 | €466,716 | €489,593 | +€22,876 | +4.9% |
| Equity | 10/15 | €446,191 | €468,723 | +€22,532 | +5.0% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €439,983 | €462,515 | +€22,532 | +5.1% |
| Non-distributable reserves | 130/1 | €8,810 | €8,810 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,810 | €8,810 | = | 0.0% |
| Distributable reserves | 133 | €431,173 | €453,705 | +€22,532 | +5.2% |
| Amounts payable | 17/49 | €20,526 | €20,870 | +€344 | +1.7% |
| Amounts payable within one year | 42/48 | €20,174 | €20,022 | -€152 | -0.8% |
| Trade debts | 44 | €8,794 | €6,634 | -€2,161 | -24.6% |
| Suppliers | 440/4 | €8,794 | €6,634 | -€2,161 | -24.6% |
| Taxes, remuneration and social security | 45 | €9,585 | €11,102 | +€1,517 | +15.8% |
| Taxes | 450/3 | €5,289 | €6,788 | +€1,499 | +28.4% |
| Remuneration and social security | 454/9 | €4,297 | €4,314 | +€18 | +0.4% |
| Other amounts payable | 47/48 | €1,795 | €2,287 | +€492 | +27.4% |
| Accrued charges and deferred income | 492/3 | €352 | €848 | +€496 | +141.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €373 | €719 | +€346 | +92.8% |
| Other operating charges | 640/8 | €929 | €974 | +€45 | +4.9% |
| Gross operating margin | 9900 | €13,186 | €27,884 | +€14,699 | +111.5% |
| Operating profit (loss) | 9901 | €11,884 | €26,191 | +€14,307 | +120.4% |
| Financial income | 75/76B | €10,445 | €5,717 | -€4,728 | -45.3% |
| Recurring financial income | 75 | €10,445 | €5,717 | -€4,728 | -45.3% |
| Financial charges | 65/66B | €172 | €123 | -€49 | -28.3% |
| Recurring financial charges | 65 | €172 | €123 | -€49 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €22,157 | €31,785 | +€9,628 | +43.5% |
| Income taxes | 67/77 | €6,064 | €9,253 | +€3,189 | +52.6% |
| Profit (loss) for the period | 9904 | €16,093 | €22,532 | +€6,439 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,093 | €22,532 | +€6,439 | +40.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.