DELACROIX: 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.
DELACROIX
Largest movements
- Tangible fixed assets -€11,850
down €11,850 (-3.8%), from €309,679 to €297,829
of which Land and buildings: -€10,753
- Other debts -€16,180
down €16,180 (-4.5%), from €360,807 to €344,627
- Profit (loss) carried forward +€6,341
up €6,341 (+11.5%), from -€55,031 to -€48,690
- Financial charges -€6,875
down €6,875 (-49.5%), from €13,900 to €7,025
- Financial income -€6,394
no longer reported in 2025 (was €6,394)
- Gross operating margin +€5,575
up €5,575 (+25.7%), from €21,666 to €27,241
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 | €314,920 | €303,617 | -€11,303 | -3.6% |
| Fixed assets | 21/28 | €309,679 | €297,829 | -€11,850 | -3.8% |
| Tangible fixed assets | 22/27 | €309,679 | €297,829 | -€11,850 | -3.8% |
| Land and buildings | 22 | €306,400 | €295,647 | -€10,753 | -3.5% |
| Furniture and vehicles | 24 | €2,308 | €1,548 | -€760 | -32.9% |
| Other tangible fixed assets | 26 | €971 | €635 | -€337 | -34.7% |
| Current assets | 29/58 | €5,241 | €5,788 | +€547 | +10.4% |
| Amounts receivable within one year | 40/41 | - | €216 | +€216 | |
| Trade receivables | 40 | - | €216 | +€216 | |
| Cash at bank and in hand | 54/58 | €3,910 | €5,572 | +€1,662 | +42.5% |
| Deferred charges and accrued income | 490/1 | €1,331 | - | -€1,331 | |
| Total equity and liabilities | 10/49 | €314,920 | €303,617 | -€11,303 | -3.6% |
| Equity | 10/15 | -€48,831 | -€42,490 | +€6,341 | +13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,031 | -€48,690 | +€6,341 | +11.5% |
| Amounts payable | 17/49 | €363,751 | €346,107 | -€17,644 | -4.9% |
| Amounts payable within one year | 42/48 | €363,751 | €344,857 | -€18,894 | -5.2% |
| Trade debts | 44 | €1,257 | €86 | -€1,171 | -93.1% |
| Suppliers | 440/4 | €1,257 | €86 | -€1,171 | -93.1% |
| Taxes, remuneration and social security | 45 | €1,687 | €144 | -€1,543 | -91.5% |
| Taxes | 450/3 | €1,687 | €144 | -€1,543 | -91.5% |
| Other amounts payable | 47/48 | €360,807 | €344,627 | -€16,180 | -4.5% |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,851 | €11,850 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,691 | €1,866 | +€175 | +10.4% |
| Gross operating margin | 9900 | €21,666 | €27,241 | +€5,575 | +25.7% |
| Operating profit (loss) | 9901 | €8,125 | €13,525 | +€5,400 | +66.5% |
| Financial income | 75/76B | €6,394 | - | -€6,394 | |
| Recurring financial income | 75 | €6,394 | - | -€6,394 | |
| Financial charges | 65/66B | €13,900 | €7,025 | -€6,875 | -49.5% |
| Recurring financial charges | 65 | €13,900 | €7,025 | -€6,875 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €619 | €6,500 | +€5,881 | +951% |
| Income taxes | 67/77 | -€69 | €159 | +€228 | |
| Profit (loss) for the period | 9904 | €688 | €6,341 | +€5,653 | +822% |
| Profit (loss) for the period to be appropriated | 9905 | €688 | €6,341 | +€5,653 | +822% |
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 18 October 2026 via checked.be.