DELAERE JG: 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.
DELAERE JG
Largest movements
- Receivables within one year +€72,174
up €72,174 (+43.8%), from €164,947 to €237,121
- Cash +€7,420
up €7,420 (+17.3%), from €42,911 to €50,331
mainly Net result for the year (+€225,669) and Tax, wage and social debts (+€39,350)
- Profit (loss) carried forward +€55,669
up €55,669 (+140%), from €39,660 to €95,330
- Tax, wage and social debts +€39,350
up €39,350 (+1,749%), from €2,250 to €41,600
- Debts after one year -€34,405
down €34,405 (-11.1%), from €310,047 to €275,642
- Accrued charges and deferred income +€15,371
up €15,371 (+269%), from €5,723 to €21,094
- Gross operating margin +€78,776
up €78,776 (+30.4%), from €259,292 to €338,068
- Taxes +€18,322
up €18,322 (+30.3%), from €60,549 to €78,871
- Depreciation +€4,046
up €4,046 (+28.7%), from €14,114 to €18,159
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 | €563,652 | €638,776 | +€75,124 | +13.3% |
| Fixed assets | 21/28 | €352,153 | €347,684 | -€4,470 | -1.3% |
| Tangible fixed assets | 22/27 | €352,153 | €347,684 | -€4,470 | -1.3% |
| Plant, machinery and equipment | 23 | €4,034 | €6,710 | +€2,676 | +66.3% |
| Furniture and vehicles | 24 | €1,934 | €6,657 | +€4,723 | +244% |
| Other tangible fixed assets | 26 | €346,186 | €334,317 | -€11,869 | -3.4% |
| Current assets | 29/58 | €211,499 | €291,092 | +€79,594 | +37.6% |
| Amounts receivable within one year | 40/41 | €164,947 | €237,121 | +€72,174 | +43.8% |
| Other amounts receivable | 41 | €164,947 | €237,121 | +€72,174 | +43.8% |
| Cash at bank and in hand | 54/58 | €42,911 | €50,331 | +€7,420 | +17.3% |
| Deferred charges and accrued income | 490/1 | €3,641 | €3,641 | = | 0.0% |
| Total equity and liabilities | 10/49 | €563,652 | €638,776 | +€75,124 | +13.3% |
| Equity | 10/15 | €78,870 | €134,540 | +€55,669 | +70.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,660 | €95,330 | +€55,669 | +140% |
| Amounts payable | 17/49 | €484,782 | €504,236 | +€19,455 | +4.0% |
| Amounts payable after more than one year | 17 | €310,047 | €275,642 | -€34,405 | -11.1% |
| Financial debts | 170/4 | €310,047 | €275,642 | -€34,405 | -11.1% |
| Amounts payable within one year | 42/48 | €169,012 | €207,501 | +€38,489 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €33,060 | €34,405 | +€1,345 | +4.1% |
| Trade debts | 44 | €3,702 | €7,799 | +€4,098 | +111% |
| Suppliers | 440/4 | €3,702 | €7,799 | +€4,098 | +111% |
| Taxes, remuneration and social security | 45 | €2,250 | €41,600 | +€39,350 | +1,749% |
| Taxes | 450/3 | €2,250 | €41,600 | +€39,350 | +1,749% |
| Other amounts payable | 47/48 | €130,000 | €123,696 | -€6,304 | -4.8% |
| Accrued charges and deferred income | 492/3 | €5,723 | €21,094 | +€15,371 | +269% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,114 | €18,159 | +€4,046 | +28.7% |
| Other operating charges | 640/8 | €2,425 | €2,937 | +€512 | +21.1% |
| Gross operating margin | 9900 | €259,292 | €338,068 | +€78,776 | +30.4% |
| Operating profit (loss) | 9901 | €242,754 | €316,972 | +€74,218 | +30.6% |
| Financial income | 75/76B | €604 | €852 | +€248 | +41.1% |
| Recurring financial income | 75 | €604 | €852 | +€248 | +41.1% |
| Financial charges | 65/66B | €14,697 | €13,284 | -€1,414 | -9.6% |
| Recurring financial charges | 65 | €14,697 | €13,284 | -€1,414 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €228,661 | €304,541 | +€75,880 | +33.2% |
| Income taxes | 67/77 | €60,549 | €78,871 | +€18,322 | +30.3% |
| Profit (loss) for the period | 9904 | €168,112 | €225,669 | +€57,558 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €168,112 | €225,669 | +€57,558 | +34.2% |
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 31 October 2026 via checked.be.