DEDELCO: 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.
What changed
DEDELCO
NACE 56.210, Event catering
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€406,204
2024 · -€256,224-€149,980
Equity
€4.9m
2024 · €5.3m-€406,204
Cash
€4,760
2024 · €27,477-€22,717
Balance sheet total
€8.4m
2024 · €9.0m-€643,562
Largest movements
Assets
- Tangible fixed assets -€325,886
down €325,886 (-5.0%), from €6.5m to €6.2m
of which Land and buildings: -€249,757
- Stocks and contracts -€297,815
down €297,815 (-21.8%), from €1.4m to €1.1m
Equity and liabilities
- Other debts +€472,014
up €472,014 (+28.0%), from €1.7m to €2.2m
- Reserves -€406,204
down €406,204 (-8.7%), from €4.7m to €4.3m
of which Distributable reserves: -€308,193
- Short-term financial debts -€339,947
down €339,947 (-100%), from €339,947 to €0
- Debts after one year -€266,663
down €266,663 (-33.7%), from €790,170 to €523,508
Income statement
- Gross operating margin -€140,275
down €140,275 (-42.0%), from €334,104 to €193,829
- Taxes -€48,630
down €48,630, from €28,269 to -€20,361
- Staff costs -€29,722
down €29,722 (-15.2%), from €195,816 to €166,093
- Other operating charges -€17,277
down €17,277 (-31.3%), from €55,243 to €37,966
- Financial charges -€12,893
down €12,893 (-33.9%), from €38,003 to €25,109
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.
Result 2024
-€256,224
Gross operating margin
-€140,275
Staff costs
+€29,722
Depreciation
-€7,416
Other operating charges
+€17,277
Financial income
-€66
Financial charges
+€12,893
Taxes
+€48,630
Deferred taxes and other
-€110,745
Result 2025
-€406,204
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€714,948
Investment
-€99,853
Financing
-€637,813
Cash 2024
€27,477
From operations (derived)
+€714,948
Net result for the year
-€406,204
Depreciation
+€425,739
Stocks and contracts
+€297,815
Receivables within one year
-€5,754
Deferred charges and accrued income
+€2,898
Provisions
-€32,670
Trade debts
+€1,382
Tax, wage and social debts
-€34,999
Advances received
+€500
Other debts
+€472,014
Accrued charges and deferred income
-€5,772
Investment (derived)
-€99,853
Investment in fixed assets (net)
-€99,853
Financing
-€637,813
Debts after one year
-€266,663
Current portion of long-term debt
-€31,203
Short-term financial debts
-€339,947
Cash 2025
€4,760
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,033,544 | €8,389,982 | -€643,562 | -7.1% |
| Fixed assets | 21/28 | €6,538,495 | €6,212,609 | -€325,886 | -5.0% |
| Tangible fixed assets | 22/27 | €6,520,595 | €6,194,709 | -€325,886 | -5.0% |
| Land and buildings | 22 | €6,298,436 | €6,048,679 | -€249,757 | -4.0% |
| Plant, machinery and equipment | 23 | €44,107 | €36,458 | -€7,648 | -17.3% |
| Furniture and vehicles | 24 | €178,051 | €109,571 | -€68,481 | -38.5% |
| Financial fixed assets | 28 | €17,900 | €17,900 | = | 0.0% |
| Current assets | 29/58 | €2,495,050 | €2,177,373 | -€317,676 | -12.7% |
| Stocks and contracts in progress | 3 | €1,364,331 | €1,066,515 | -€297,815 | -21.8% |
| Stocks | 30/36 | €1,364,331 | €1,066,515 | -€297,815 | -21.8% |
| Amounts receivable within one year | 40/41 | €30,822 | €36,576 | +€5,754 | +18.7% |
| Trade receivables | 40 | €30,822 | €36,576 | +€5,754 | +18.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €1,064,000 | €1,064,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,477 | €4,760 | -€22,717 | -82.7% |
| Deferred charges and accrued income | 490/1 | €8,420 | €5,522 | -€2,898 | -34.4% |
| Total equity and liabilities | 10/49 | €9,033,544 | €8,389,982 | -€643,562 | -7.1% |
| Equity | 10/15 | €5,290,394 | €4,884,190 | -€406,204 | -7.7% |
| Contributions | 10/11 | €594,607 | €594,607 | = | 0.0% |
| Capital | 10 | €594,607 | €594,607 | = | 0.0% |
| Issued capital | 100 | €594,607 | €594,607 | = | 0.0% |
| Reserves | 13 | €4,695,787 | €4,289,583 | -€406,204 | -8.7% |
| Non-distributable reserves | 130/1 | €1,155,088 | €1,155,088 | = | 0.0% |
| Legal reserve | 130 | €59,461 | €59,461 | = | 0.0% |
| Reserves not available under the articles | 1311 | €31,627 | €31,627 | = | 0.0% |
| Own shares acquired | 1312 | €1,064,000 | €1,064,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,618,745 | €1,520,734 | -€98,011 | -6.1% |
| Distributable reserves | 133 | €1,921,954 | €1,613,761 | -€308,193 | -16.0% |
| Provisions and deferred taxes | 16 | €497,482 | €464,811 | -€32,670 | -6.6% |
| Deferred taxes | 168 | €497,482 | €464,811 | -€32,670 | -6.6% |
| Amounts payable | 17/49 | €3,245,669 | €3,040,980 | -€204,688 | -6.3% |
| Amounts payable after more than one year | 17 | €790,170 | €523,508 | -€266,663 | -33.7% |
| Financial debts | 170/4 | €790,170 | €523,508 | -€266,663 | -33.7% |
| Amounts payable within one year | 42/48 | €2,449,726 | €2,517,473 | +€67,746 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €297,866 | €266,663 | -€31,203 | -10.5% |
| Financial debts | 43 | €339,947 | €0 | -€339,947 | -100% |
| Credit institutions | 430/8 | €339,947 | €0 | -€339,947 | -100% |
| Trade debts | 44 | €62,020 | €63,402 | +€1,382 | +2.2% |
| Suppliers | 440/4 | €62,020 | €63,402 | +€1,382 | +2.2% |
| Advances received on contracts in progress | 46 | - | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | €66,383 | €31,384 | -€34,999 | -52.7% |
| Taxes | 450/3 | €24,797 | €21,010 | -€3,787 | -15.3% |
| Remuneration and social security | 454/9 | €41,586 | €10,373 | -€31,212 | -75.1% |
| Other amounts payable | 47/48 | €1,683,510 | €2,155,525 | +€472,014 | +28.0% |
| Accrued charges and deferred income | 492/3 | €5,772 | €0 | -€5,772 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €195,816 | €166,093 | -€29,722 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €418,322 | €425,739 | +€7,416 | +1.8% |
| Other operating charges | 640/8 | €55,243 | €37,966 | -€17,277 | -31.3% |
| Gross operating margin | 9900 | €334,104 | €193,829 | -€140,275 | -42.0% |
| Operating profit (loss) | 9901 | -€335,277 | -€435,968 | -€100,691 | -30.0% |
| Financial income | 75/76B | €1,909 | €1,843 | -€66 | -3.5% |
| Recurring financial income | 75 | €1,909 | €1,843 | -€66 | -3.5% |
| Financial charges | 65/66B | €38,003 | €25,109 | -€12,893 | -33.9% |
| Recurring financial charges | 65 | €38,003 | €25,109 | -€12,893 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | -€371,370 | -€459,235 | -€87,864 | -23.7% |
| Transfer from deferred taxes | 780 | €143,415 | €32,670 | -€110,745 | -77.2% |
| Income taxes | 67/77 | €28,269 | -€20,361 | -€48,630 | |
| Profit (loss) for the period | 9904 | -€256,224 | -€406,204 | -€149,980 | -58.5% |
| Transfer from tax-exempt reserves | 789 | €661,426 | €98,011 | -€563,416 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €405,203 | -€308,193 | -€713,396 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.