DT2L: 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.
DT2L
Largest movements
- Financial fixed assets +€95,000
up €95,000 (+200.3%), from €47,424 to €142,424
- Cash +€23,806
up €23,806 (+50.0%), from €47,649 to €71,455
mainly Debts after one year (+€77,506) and Net result for the year (+€21,912)
- Debts after one year +€77,506
up €77,506 (+318.9%), from €24,303 to €101,809
- Reserves +€57,914
new in 2025: €57,914
- Profit (loss) carried forward -€36,002
no longer reported in 2025 (was €36,002)
- Current portion of long-term debt +€11,288
up €11,288 (+181.9%), from €6,207 to €17,494
- Other debts +€6,414
up €6,414 (+52.1%), from €12,310 to €18,724
- Gross operating margin -€2,598
down €2,598 (-7.6%), from €34,142 to €31,544
- Taxes -€2,444
down €2,444 (-29.1%), from €8,402 to €5,957
- Financial charges +€988
up €988 (+75.4%), from €1,310 to €2,298
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 | €105,934 | €223,286 | +€117,353 | +110.8% |
| Fixed assets | 21/28 | €49,030 | €143,057 | +€94,027 | +191.8% |
| Tangible fixed assets | 22/27 | €1,606 | €633 | -€973 | -60.6% |
| Plant, machinery and equipment | 23 | - | €315 | +€315 | |
| Furniture and vehicles | 24 | €1,606 | €318 | -€1,288 | -80.2% |
| Financial fixed assets | 28 | €47,424 | €142,424 | +€95,000 | +200.3% |
| Current assets | 29/58 | €56,903 | €80,229 | +€23,326 | +41.0% |
| Amounts receivable within one year | 40/41 | €9,254 | €8,774 | -€480 | -5.2% |
| Trade receivables | 40 | €8,712 | €8,712 | = | 0.0% |
| Other amounts receivable | 41 | €542 | €62 | -€480 | -88.5% |
| Cash at bank and in hand | 54/58 | €47,649 | €71,455 | +€23,806 | +50.0% |
| Total equity and liabilities | 10/49 | €105,934 | €223,286 | +€117,353 | +110.8% |
| Equity | 10/15 | €43,002 | €64,914 | +€21,912 | +51.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | - | €57,914 | +€57,914 | |
| Distributable reserves | 133 | - | €57,914 | +€57,914 | |
| Profit (loss) carried forward | 14 | €36,002 | - | -€36,002 | |
| Amounts payable | 17/49 | €62,932 | €158,373 | +€95,441 | +151.7% |
| Amounts payable after more than one year | 17 | €24,303 | €101,809 | +€77,506 | +318.9% |
| Financial debts | 170/4 | €24,303 | €101,809 | +€77,506 | +318.9% |
| Amounts payable within one year | 42/48 | €38,629 | €56,564 | +€17,935 | +46.4% |
| Current portion of amounts payable after more than one year | 42 | €6,207 | €17,494 | +€11,288 | +181.9% |
| Trade debts | 44 | €2,580 | €362 | -€2,219 | -86.0% |
| Suppliers | 440/4 | €2,580 | €362 | -€2,219 | -86.0% |
| Taxes, remuneration and social security | 45 | €17,532 | €19,984 | +€2,452 | +14.0% |
| Taxes | 450/3 | €17,532 | €19,984 | +€2,452 | +14.0% |
| Other amounts payable | 47/48 | €12,310 | €18,724 | +€6,414 | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €954 | €973 | +€19 | +1.9% |
| Other operating charges | 640/8 | €387 | €404 | +€16 | +4.2% |
| Gross operating margin | 9900 | €34,142 | €31,544 | -€2,598 | -7.6% |
| Operating profit (loss) | 9901 | €32,800 | €30,167 | -€2,633 | -8.0% |
| Financial income | 75/76B | €32 | - | -€32 | |
| Recurring financial income | 75 | €32 | - | -€32 | |
| Financial charges | 65/66B | €1,310 | €2,298 | +€988 | +75.4% |
| Recurring financial charges | 65 | €1,310 | €2,298 | +€988 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | €31,522 | €27,869 | -€3,653 | -11.6% |
| Income taxes | 67/77 | €8,402 | €5,957 | -€2,444 | -29.1% |
| Profit (loss) for the period | 9904 | €23,121 | €21,912 | -€1,209 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,121 | €21,912 | -€1,209 | -5.2% |
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 4 October 2026 via checked.be.