DTL ENGINEERING: 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.
DTL ENGINEERING
Largest movements
- Tangible fixed assets -€769,574
down €769,574 (-84.9%), from €906,327 to €136,754
- Current assets +€137,634
up €137,634 (+2,227%), from €6,179 to €143,813
of which Receivables within one year: +€91,363
- Debts after one year -€309,988
down €309,988 (-80.0%), from €387,678 to €77,690
- Debts within one year -€237,801
down €237,801 (-33.7%), from €706,211 to €468,409
- Equity -€84,151
down €84,151 (-12.3%), from €682,351 to €598,201
of which Profit (loss) carried forward: -€46,825
- Gross operating margin -€51,730
down €51,730, from €48,020 to -€3,711
- Financial charges +€50,475
new in 2021: €50,475
- Depreciation -€22,983
down €22,983 (-76.1%), from €30,185 to €7,202
- Other operating charges +€9,877
new in 2021: €9,877
- Taxes +€514
new in 2021: €514
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,850,231 | €1,218,291 | -€631,940 | -34.2% |
| Fixed assets | 21/28 | €1,844,052 | €1,074,479 | -€769,574 | -41.7% |
| Tangible fixed assets | 22/27 | €906,327 | €136,754 | -€769,574 | -84.9% |
| Furniture and vehicles | 24 | - | €760 | +€760 | |
| Other tangible fixed assets | 26 | - | €135,994 | +€135,994 | |
| Financial fixed assets | 28 | €937,725 | €937,725 | = | 0.0% |
| Current assets | 29/58 | €6,179 | €143,813 | +€137,634 | +2,227% |
| Amounts receivable within one year | 40/41 | €4,201 | €95,564 | +€91,363 | +2,175% |
| Trade receivables | 40 | - | €2,283 | +€2,283 | |
| Other amounts receivable | 41 | - | €93,281 | +€93,281 | |
| Cash at bank and in hand | 54/58 | €49 | €43,384 | +€43,335 | +87,598% |
| Deferred charges and accrued income | 490/1 | - | €4,864 | +€4,864 | |
| Total equity and liabilities | 10/49 | €1,850,231 | €1,218,291 | -€631,940 | -34.2% |
| Equity | 10/15 | €682,351 | €598,201 | -€84,151 | -12.3% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €616,926 | €579,601 | -€37,326 | -6.1% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €577,741 | +€577,741 | |
| Profit (loss) carried forward | 14 | €46,825 | - | -€46,825 | |
| Provisions and deferred taxes | 16 | €73,991 | €73,991 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | - | €73,991 | +€73,991 | |
| Pensions and similar obligations | 160 | - | €73,991 | +€73,991 | |
| Amounts payable | 17/49 | €1,093,889 | €546,099 | -€547,789 | -50.1% |
| Amounts payable after more than one year | 17 | €387,678 | €77,690 | -€309,988 | -80.0% |
| Financial debts | 170/4 | - | €77,690 | +€77,690 | |
| Amounts payable within one year | 42/48 | €706,211 | €468,409 | -€237,801 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,578 | +€10,578 | |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €109,636 | €119,837 | +€10,201 | +9.3% |
| Suppliers | 440/4 | - | €119,837 | +€119,837 | |
| Taxes, remuneration and social security | 45 | - | €5,064 | +€5,064 | |
| Taxes | 450/3 | - | €2,659 | +€2,659 | |
| Remuneration and social security | 454/9 | - | €2,404 | +€2,404 | |
| Other amounts payable | 47/48 | - | €132,931 | +€132,931 | |
| Non-recurring operating income | 76A | - | €8,000 | +€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,185 | €7,202 | -€22,983 | -76.1% |
| Other operating charges | 640/8 | - | €9,877 | +€9,877 | |
| Non-recurring operating charges | 66A | - | €12,372 | +€12,372 | |
| Gross operating margin | 9900 | €48,020 | -€3,711 | -€51,730 | |
| Operating profit (loss) | 9901 | €13,549 | -€33,162 | -€46,711 | |
| Financial charges | 65/66B | - | €50,475 | +€50,475 | |
| Recurring financial charges | 65 | €16,771 | €50,475 | +€33,703 | +201% |
| Profit (loss) for the period before taxes | 9903 | -€3,222 | -€83,636 | -€80,414 | -2,496% |
| Income taxes | 67/77 | - | €514 | +€514 | |
| Profit (loss) for the period | 9904 | -€3,222 | -€84,151 | -€80,929 | -2,512% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,222 | -€84,151 | -€80,929 | -2,512% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.