Delaere: what changed
Two fiscal 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.
Delaere
Largest movements
- Deferred charges and accrued income +€6,000
new in 2025: €6,000
- Tangible fixed assets -€3,900
down €3,900 (-3.2%), from €121,618 to €117,717
- Receivables within one year +€1,919
up €1,919 (+2741300.0%), from €0 to €1,919
of which Other amounts receivable: +€1,919
- Reserves +€3,128
up €3,128 (+28.5%), from €10,984 to €14,112
- Trade debts +€2,363
up €2,363 (+88.7%), from €2,663 to €5,026
- Tax, wage and social debts -€2,236
no longer reported in 2025 (was €2,236)
- Gross operating margin -€3,966
down €3,966 (-29.6%), from €13,379 to €9,412
- Taxes -€1,155
down €1,155 (-51.7%), from €2,236 to €1,081
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.
Cash bridge derived
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 | €129,140 | €133,595 | +€4,455 | +3.4% |
| Fixed assets | 21/28 | €121,618 | €117,717 | -€3,900 | -3.2% |
| Tangible fixed assets | 22/27 | €121,618 | €117,717 | -€3,900 | -3.2% |
| Land and buildings | 22 | €121,618 | €117,717 | -€3,900 | -3.2% |
| Current assets | 29/58 | €7,522 | €15,878 | +€8,355 | +111.1% |
| Amounts receivable within one year | 40/41 | €0 | €1,919 | +€1,919 | +2741300.0% |
| Trade receivables | 40 | €0 | - | -€0 | |
| Other amounts receivable | 41 | - | €1,919 | +€1,919 | |
| Cash at bank and in hand | 54/58 | €7,522 | €7,959 | +€437 | +5.8% |
| Deferred charges and accrued income | 490/1 | - | €6,000 | +€6,000 | |
| Total equity and liabilities | 10/49 | €129,140 | €133,595 | +€4,455 | +3.4% |
| Equity | 10/15 | €26,477 | €29,605 | +€3,128 | +11.8% |
| Contributions | 10/11 | €15,493 | €15,493 | = | 0.0% |
| Reserves | 13 | €10,984 | €14,112 | +€3,128 | +28.5% |
| Distributable reserves | 133 | €10,984 | €14,112 | +€3,128 | +28.5% |
| Amounts payable | 17/49 | €102,663 | €103,990 | +€1,327 | +1.3% |
| Amounts payable within one year | 42/48 | €102,663 | €103,990 | +€1,327 | +1.3% |
| Trade debts | 44 | €2,663 | €5,026 | +€2,363 | +88.7% |
| Suppliers | 440/4 | €2,663 | €5,026 | +€2,363 | +88.7% |
| Taxes, remuneration and social security | 45 | €2,236 | - | -€2,236 | |
| Taxes | 450/3 | €2,236 | - | -€2,236 | |
| Other amounts payable | 47/48 | €97,764 | €98,964 | +€1,200 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,900 | €3,900 | = | 0.0% |
| Other operating charges | 640/8 | €1,231 | €1,261 | +€30 | +2.4% |
| Gross operating margin | 9900 | €13,379 | €9,412 | -€3,966 | -29.6% |
| Operating profit (loss) | 9901 | €8,248 | €4,251 | -€3,996 | -48.5% |
| Financial charges | 65/66B | €57 | €42 | -€15 | -25.8% |
| Recurring financial charges | 65 | €57 | €42 | -€15 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €8,191 | €4,209 | -€3,982 | -48.6% |
| Income taxes | 67/77 | €2,236 | €1,081 | -€1,155 | -51.7% |
| Profit (loss) for the period | 9904 | €5,955 | €3,128 | -€2,827 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,955 | €3,128 | -€2,827 | -47.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.