DEL-HAUS: 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.
DEL-HAUS
Largest movements
- Tangible fixed assets -€157,195
down €157,195 (-26.6%), from €591,675 to €434,479
of which Land and buildings: -€143,748
- Receivables within one year +€120,215
up €120,215 (+152%), from €79,263 to €199,477
of which Other amounts receivable: +€72,700
- Cash -€9,865
down €9,865 (-74.4%), from €13,262 to €3,397
mainly Receivables within one year (-€120,215) and Debts after one year (-€27,515)
- Debts after one year -€27,515
down €27,515 (-12.4%), from €222,438 to €194,923
- Reserves -€26,610
down €26,610 (-6.7%), from €396,201 to €369,591
of which Tax-exempt reserves: -€26,610
- Current portion of long-term debt +€11,240
up €11,240, from €0 to €11,240
- Profit (loss) carried forward +€9,197
up €9,197 (+13.3%), from -€69,307 to -€60,110
- Provisions -€8,270
down €8,270 (-7.0%), from €118,552 to €110,282
- Gross operating margin +€9,073
up €9,073 (+65.7%), from €13,818 to €22,891
- Depreciation -€2,522
down €2,522 (-5.7%), from €43,924 to €41,403
- Other operating charges +€798
up €798 (+28.5%), from €2,799 to €3,597
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 | €684,615 | €637,770 | -€46,845 | -6.8% |
| Fixed assets | 21/28 | €592,091 | €434,896 | -€157,195 | -26.5% |
| Tangible fixed assets | 22/27 | €591,675 | €434,479 | -€157,195 | -26.6% |
| Land and buildings | 22 | €388,375 | €244,627 | -€143,748 | -37.0% |
| Plant, machinery and equipment | 23 | €187,895 | €178,130 | -€9,764 | -5.2% |
| Furniture and vehicles | 24 | €4,663 | €3,442 | -€1,221 | -26.2% |
| Other tangible fixed assets | 26 | €10,742 | €8,280 | -€2,462 | -22.9% |
| Financial fixed assets | 28 | €416 | €416 | = | 0.0% |
| Current assets | 29/58 | €92,524 | €202,875 | +€110,350 | +119% |
| Amounts receivable within one year | 40/41 | €79,263 | €199,477 | +€120,215 | +152% |
| Trade receivables | 40 | €7,040 | €54,555 | +€47,515 | +675% |
| Other amounts receivable | 41 | €72,223 | €144,923 | +€72,700 | +101% |
| Cash at bank and in hand | 54/58 | €13,262 | €3,397 | -€9,865 | -74.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €684,615 | €637,770 | -€46,845 | -6.8% |
| Equity | 10/15 | €333,091 | €315,678 | -€17,413 | -5.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €396,201 | €369,591 | -€26,610 | -6.7% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Tax-exempt reserves | 132 | €392,482 | €365,872 | -€26,610 | -6.8% |
| Profit (loss) carried forward | 14 | -€69,307 | -€60,110 | +€9,197 | +13.3% |
| Provisions and deferred taxes | 16 | €118,552 | €110,282 | -€8,270 | -7.0% |
| Deferred taxes | 168 | €118,552 | €110,282 | -€8,270 | -7.0% |
| Amounts payable | 17/49 | €232,973 | €211,810 | -€21,162 | -9.1% |
| Amounts payable after more than one year | 17 | €222,438 | €194,923 | -€27,515 | -12.4% |
| Financial debts | 170/4 | €222,438 | €194,923 | -€27,515 | -12.4% |
| Amounts payable within one year | 42/48 | €10,535 | €16,888 | +€6,353 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | €11,240 | +€11,240 | |
| Trade debts | 44 | €3,556 | €169 | -€3,387 | -95.2% |
| Suppliers | 440/4 | €3,556 | €169 | -€3,387 | -95.2% |
| Taxes, remuneration and social security | 45 | €384 | €384 | = | 0.0% |
| Taxes | 450/3 | €384 | €384 | = | 0.0% |
| Other amounts payable | 47/48 | €6,595 | €5,095 | -€1,500 | -22.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,924 | €41,403 | -€2,522 | -5.7% |
| Other operating charges | 640/8 | €2,799 | €3,597 | +€798 | +28.5% |
| Gross operating margin | 9900 | €13,818 | €22,891 | +€9,073 | +65.7% |
| Operating profit (loss) | 9901 | -€32,905 | -€22,109 | +€10,796 | +32.8% |
| Financial charges | 65/66B | €3,363 | €3,574 | +€212 | +6.3% |
| Recurring financial charges | 65 | €3,363 | €3,574 | +€212 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€36,268 | -€25,683 | +€10,585 | +29.2% |
| Transfer from deferred taxes | 780 | €8,270 | €8,270 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€27,998 | -€17,413 | +€10,585 | +37.8% |
| Transfer from tax-exempt reserves | 789 | €26,610 | €26,610 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,388 | €9,197 | +€10,585 |
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 27 October 2026 via checked.be.