DE LELIE: 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.
DE LELIE
Largest movements
- Receivables within one year +€141,296
up €141,296 (+8.6%), from €1.6m to €1.8m
of which Other amounts receivable: +€107,887
- Tangible fixed assets +€134,520
up €134,520 (+13.7%), from €983,645 to €1.1m
of which Furniture and vehicles: +€120,131
- Cash -€88,387
down €88,387 (-35.0%), from €252,469 to €164,081
mainly Contributions, distributions and other (-€510,075) and Investment in fixed assets (net) (-€316,810)
- Stocks and contracts -€70,188
down €70,188 (-11.8%), from €593,820 to €523,632
- Short-term financial debts +€236,847
up €236,847 (+249%), from €95,162 to €332,009
- Debts after one year +€127,770
up €127,770 (+13.3%), from €961,363 to €1.1m
- Other debts -€114,438
down €114,438 (-18.3%), from €624,513 to €510,075
- Current portion of long-term debt -€101,758
down €101,758 (-24.5%), from €414,530 to €312,771
- Trade debts -€100,169
down €100,169 (-9.2%), from €1.1m to €993,572
- Gross operating margin -€152,028
down €152,028 (-6.0%), from €2.5m to €2.4m
- Taxes -€44,215
down €44,215 (-21.1%), from €210,022 to €165,807
- Staff costs -€41,582
down €41,582 (-2.8%), from €1.5m to €1.4m
- Depreciation +€40,263
up €40,263 (+24.7%), from €163,030 to €203,294
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.
Derived cash bridge
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 | €3,540,093 | €3,652,626 | +€112,533 | +3.2% |
| Fixed assets | 21/28 | €1,049,759 | €1,163,276 | +€113,517 | +10.8% |
| Intangible fixed assets | 21 | €63,439 | €42,435 | -€21,004 | -33.1% |
| Tangible fixed assets | 22/27 | €983,645 | €1,118,165 | +€134,520 | +13.7% |
| Land and buildings | 22 | €488,408 | €509,160 | +€20,752 | +4.2% |
| Plant, machinery and equipment | 23 | €485,902 | €482,689 | -€3,213 | -0.7% |
| Furniture and vehicles | 24 | €161 | €120,292 | +€120,131 | +74,685% |
| Leasing and similar rights | 25 | €9,174 | €6,024 | -€3,150 | -34.3% |
| Financial fixed assets | 28 | €2,675 | €2,675 | = | 0.0% |
| Current assets | 29/58 | €2,490,334 | €2,489,350 | -€984 | 0.0% |
| Stocks and contracts in progress | 3 | €593,820 | €523,632 | -€70,188 | -11.8% |
| Stocks | 30/36 | €593,820 | €523,632 | -€70,188 | -11.8% |
| Amounts receivable within one year | 40/41 | €1,638,496 | €1,779,792 | +€141,296 | +8.6% |
| Trade receivables | 40 | €930,748 | €964,157 | +€33,409 | +3.6% |
| Other amounts receivable | 41 | €707,748 | €815,635 | +€107,887 | +15.2% |
| Cash at bank and in hand | 54/58 | €252,469 | €164,081 | -€88,387 | -35.0% |
| Deferred charges and accrued income | 490/1 | €5,550 | €21,846 | +€16,295 | +294% |
| Total equity and liabilities | 10/49 | €3,540,093 | €3,652,626 | +€112,533 | +3.2% |
| Equity | 10/15 | €67,650 | €67,650 | = | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,472,443 | €3,584,976 | +€112,533 | +3.2% |
| Amounts payable after more than one year | 17 | €961,363 | €1,089,133 | +€127,770 | +13.3% |
| Financial debts | 170/4 | €961,363 | €1,089,133 | +€127,770 | +13.3% |
| Amounts payable within one year | 42/48 | €2,510,710 | €2,495,843 | -€14,867 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €414,530 | €312,771 | -€101,758 | -24.5% |
| Financial debts | 43 | €95,162 | €332,009 | +€236,847 | +249% |
| Credit institutions | 430/8 | €95,162 | €332,009 | +€236,847 | +249% |
| Trade debts | 44 | €1,093,741 | €993,572 | -€100,169 | -9.2% |
| Suppliers | 440/4 | €1,093,741 | €993,572 | -€100,169 | -9.2% |
| Taxes, remuneration and social security | 45 | €282,765 | €347,416 | +€64,651 | +22.9% |
| Taxes | 450/3 | €122,489 | €199,893 | +€77,403 | +63.2% |
| Remuneration and social security | 454/9 | €160,275 | €147,523 | -€12,753 | -8.0% |
| Other amounts payable | 47/48 | €624,513 | €510,075 | -€114,438 | -18.3% |
| Accrued charges and deferred income | 492/3 | €370 | €0 | -€370 | -100% |
| Non-recurring operating income | 76A | €0 | €162,882 | +€162,882 | |
| Remuneration, social security and pensions | 62 | €1,474,359 | €1,432,777 | -€41,582 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,030 | €203,294 | +€40,263 | +24.7% |
| Other operating charges | 640/8 | €14,641 | €14,562 | -€79 | -0.5% |
| Gross operating margin | 9900 | €2,525,361 | €2,373,332 | -€152,028 | -6.0% |
| Operating profit (loss) | 9901 | €873,331 | €722,699 | -€150,631 | -17.2% |
| Financial income | 75/76B | €574 | €4 | -€571 | -99.4% |
| Recurring financial income | 75 | €574 | €4 | -€571 | -99.4% |
| Financial charges | 65/66B | €39,370 | €46,821 | +€7,451 | +18.9% |
| Recurring financial charges | 65 | €39,370 | €46,821 | +€7,451 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €834,535 | €675,882 | -€158,653 | -19.0% |
| Income taxes | 67/77 | €210,022 | €165,807 | -€44,215 | -21.1% |
| Profit (loss) for the period | 9904 | €624,513 | €510,075 | -€114,438 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €624,513 | €510,075 | -€114,438 | -18.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.