DELACO: 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.
DELACO
Largest movements
- Receivables within one year -€106,999
down €106,999 (-99.5%), from €107,557 to €558
of which Trade receivables: -€79,627
- Cash -€42,609
down €42,609 (-82.2%), from €51,853 to €9,244
mainly Trade debts (-€133,095) and Other debts (-€20,000)
- Trade debts -€133,095
down €133,095 (-99.9%), from €133,282 to €187
- Other debts -€20,000
down €20,000 (-99.9%), from €20,025 to €25
- Profit (loss) carried forward +€1,748
up €1,748 (+98.1%), from €1,782 to €3,530
- Gross operating margin -€21,151
down €21,151 (-90.2%), from €23,451 to €2,300
- Financial income +€1,083
up €1,083 (+1,545%), from €70 to €1,153
- Taxes -€550
down €550 (-53.9%), from €1,021 to €471
- Depreciation +€325
up €325 (+120%), from €270 to €595
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 | €161,186 | €10,234 | -€150,952 | -93.7% |
| Fixed assets | 21/28 | €1,026 | €431 | -€595 | -58.0% |
| Tangible fixed assets | 22/27 | €1,026 | €431 | -€595 | -58.0% |
| Furniture and vehicles | 24 | €1,026 | €431 | -€595 | -58.0% |
| Current assets | 29/58 | €160,160 | €9,803 | -€150,357 | -93.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €107,557 | €558 | -€106,999 | -99.5% |
| Trade receivables | 40 | €79,627 | €0 | -€79,627 | -100% |
| Other amounts receivable | 41 | €27,930 | €558 | -€27,372 | -98.0% |
| Cash at bank and in hand | 54/58 | €51,853 | €9,244 | -€42,609 | -82.2% |
| Deferred charges and accrued income | 490/1 | €750 | €0 | -€750 | -100% |
| Total equity and liabilities | 10/49 | €161,186 | €10,234 | -€150,952 | -93.7% |
| Equity | 10/15 | €6,782 | €8,530 | +€1,748 | +25.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,782 | €3,530 | +€1,748 | +98.1% |
| Amounts payable | 17/49 | €154,404 | €1,704 | -€152,700 | -98.9% |
| Amounts payable within one year | 42/48 | €154,404 | €1,704 | -€152,700 | -98.9% |
| Trade debts | 44 | €133,282 | €187 | -€133,095 | -99.9% |
| Suppliers | 440/4 | €133,282 | €187 | -€133,095 | -99.9% |
| Taxes, remuneration and social security | 45 | €1,097 | €1,492 | +€395 | +36.0% |
| Taxes | 450/3 | €1,097 | €1,492 | +€395 | +36.0% |
| Other amounts payable | 47/48 | €20,025 | €25 | -€20,000 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €595 | +€325 | +120% |
| Other operating charges | 640/8 | €441 | €544 | +€103 | +23.4% |
| Gross operating margin | 9900 | €23,451 | €2,300 | -€21,151 | -90.2% |
| Operating profit (loss) | 9901 | €22,740 | €1,161 | -€21,579 | -94.9% |
| Financial income | 75/76B | €70 | €1,153 | +€1,083 | +1,545% |
| Recurring financial income | 75 | €70 | €1,153 | +€1,083 | +1,545% |
| Financial charges | 65/66B | €121 | €95 | -€26 | -21.3% |
| Recurring financial charges | 65 | €121 | €95 | -€26 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €22,689 | €2,219 | -€20,470 | -90.2% |
| Income taxes | 67/77 | €1,021 | €471 | -€550 | -53.9% |
| Profit (loss) for the period | 9904 | €21,668 | €1,748 | -€19,920 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,668 | €1,748 | -€19,920 | -91.9% |
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 13 October 2026 via checked.be.