Bernard Delodder: what changed
What changed
Bernard Delodder
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
-€3,039
2024 · €32,676-€35,715
Equity
€252,759
2024 · €255,798-€3,039
Cash
€50,079
2024 · €20,892+€29,187
Balance sheet total
€566,809
2024 · €610,834-€44,024
Largest movements
Assets
- Tangible fixed assets -€48,571
down €48,571 (-10.6%), from €460,238 to €411,667
- Cash +€29,187
up €29,187 (+140%), from €20,892 to €50,079
mainly Depreciation (+€48,570) and Receivables within one year (+€24,209)
- Receivables within one year -€24,209
down €24,209 (-19.6%), from €123,463 to €99,254
of which Other amounts receivable: -€15,540
Equity and liabilities
- Debts after one year -€60,150
down €60,150 (-31.0%), from €193,785 to €133,634
- Other debts +€16,094
up €16,094 (+22.4%), from €71,857 to €87,951
- Trade debts +€8,250
up €8,250 (+34.6%), from €23,824 to €32,074
Income statement
- Gross operating margin -€38,325
down €38,325 (-39.4%), from €97,246 to €58,921
- Depreciation -€2,897
down €2,897 (-5.6%), from €51,467 to €48,570
- Financial income -€2,348
down €2,348 (-44.6%), from €5,271 to €2,922
- Financial charges -€1,858
down €1,858 (-15.5%), from €11,970 to €10,112
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€32,676
Gross operating margin
-€38,325
Depreciation
+€2,897
Other operating charges
+€203
Financial income
-€2,348
Financial charges
+€1,858
Result 2025
-€3,039
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€88,113
Investment
+€0
Financing
-€58,926
Cash 2024
€20,892
From operations (derived)
+€88,113
Net result for the year
-€3,039
Depreciation
+€48,570
Receivables within one year
+€24,209
Deferred charges and accrued income
+€433
Trade debts
+€8,250
Tax, wage and social debts
+€241
Advances received
-€1,233
Other debts
+€16,094
Accrued charges and deferred income
-€5,411
Investment (derived)
+€0
Investment in fixed assets (net)
+€0
Financing
-€58,926
Debts after one year
-€60,150
Current portion of long-term debt
+€1,224
Cash 2025
€50,079
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €610,834 | €566,809 | -€44,024 | -7.2% |
| Fixed assets | 21/28 | €461,663 | €413,092 | -€48,571 | -10.5% |
| Tangible fixed assets | 22/27 | €460,238 | €411,667 | -€48,571 | -10.6% |
| Land and buildings | 22 | €353,531 | €336,099 | -€17,432 | -4.9% |
| Plant, machinery and equipment | 23 | €51,463 | €43,024 | -€8,439 | -16.4% |
| Furniture and vehicles | 24 | €55,244 | €32,544 | -€22,700 | -41.1% |
| Financial fixed assets | 28 | €1,425 | €1,425 | = | 0.0% |
| Current assets | 29/58 | €149,171 | €153,717 | +€4,546 | +3.0% |
| Amounts receivable within one year | 40/41 | €123,463 | €99,254 | -€24,209 | -19.6% |
| Trade receivables | 40 | €19,555 | €10,886 | -€8,669 | -44.3% |
| Other amounts receivable | 41 | €103,907 | €88,368 | -€15,540 | -15.0% |
| Cash at bank and in hand | 54/58 | €20,892 | €50,079 | +€29,187 | +140% |
| Deferred charges and accrued income | 490/1 | €4,817 | €4,384 | -€433 | -9.0% |
| Total equity and liabilities | 10/49 | €610,834 | €566,809 | -€44,024 | -7.2% |
| Equity | 10/15 | €255,798 | €252,759 | -€3,039 | -1.2% |
| Contributions | 10/11 | €82,053 | €82,053 | = | 0.0% |
| Revaluation surpluses | 12 | €171,041 | €171,041 | = | 0.0% |
| Reserves | 13 | €4,815 | €4,815 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,303 | €1,303 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,303 | €1,303 | = | 0.0% |
| Distributable reserves | 133 | €3,512 | €3,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,111 | -€5,151 | -€3,039 | -144% |
| Amounts payable | 17/49 | €355,036 | €314,051 | -€40,985 | -11.5% |
| Amounts payable after more than one year | 17 | €193,785 | €133,634 | -€60,150 | -31.0% |
| Financial debts | 170/4 | €193,785 | €133,634 | -€60,150 | -31.0% |
| Amounts payable within one year | 42/48 | €155,840 | €180,416 | +€24,576 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €58,926 | €60,150 | +€1,224 | +2.1% |
| Trade debts | 44 | €23,824 | €32,074 | +€8,250 | +34.6% |
| Suppliers | 440/4 | €23,824 | €32,074 | +€8,250 | +34.6% |
| Advances received on contracts in progress | 46 | €1,233 | €0 | -€1,233 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €241 | +€241 | |
| Taxes | 450/3 | €0 | €241 | +€241 | |
| Other amounts payable | 47/48 | €71,857 | €87,951 | +€16,094 | +22.4% |
| Accrued charges and deferred income | 492/3 | €5,411 | €0 | -€5,411 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,467 | €48,570 | -€2,897 | -5.6% |
| Other operating charges | 640/8 | €6,403 | €6,201 | -€203 | -3.2% |
| Gross operating margin | 9900 | €97,246 | €58,921 | -€38,325 | -39.4% |
| Operating profit (loss) | 9901 | €39,375 | €4,150 | -€35,225 | -89.5% |
| Financial income | 75/76B | €5,271 | €2,922 | -€2,348 | -44.6% |
| Recurring financial income | 75 | €5,271 | €2,922 | -€2,348 | -44.6% |
| Financial charges | 65/66B | €11,970 | €10,112 | -€1,858 | -15.5% |
| Recurring financial charges | 65 | €11,970 | €10,112 | -€1,858 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €32,676 | -€3,039 | -€35,715 | |
| Profit (loss) for the period | 9904 | €32,676 | -€3,039 | -€35,715 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,676 | -€3,039 | -€35,715 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.