DELAERE JOHAN: what changed
DELAERE JOHAN
Largest movements
- Receivables within one year -€45,032
down €45,032 (-83.2%), from €54,112 to €9,079
of which Trade receivables: -€35,960
- Tangible fixed assets -€15,044
down €15,044 (-21.0%), from €71,551 to €56,507
of which Furniture and vehicles: -€10,657
- Cash -€12,786
down €12,786 (-28.1%), from €45,549 to €32,763
mainly Tax, wage and social debts (-€39,295) and Trade debts (-€16,438)
- Stocks and contracts -€5,015
down €5,015 (-46.0%), from €10,902 to €5,887
- Tax, wage and social debts -€39,295
down €39,295 (-91.1%), from €43,155 to €3,860
of which Taxes: -€39,192
- Trade debts -€16,438
down €16,438 (-55.6%), from €29,540 to €13,102
- Other debts -€12,899
down €12,899 (-37.1%), from €34,803 to €21,905
- Reserves -€4,666
down €4,666 (-14.8%), from €31,424 to €26,758
- Debts after one year -€4,161
down €4,161 (-11.5%), from €36,284 to €32,123
- Staff costs -€24,492
down €24,492 (-96.3%), from €25,436 to €944
- Gross operating margin -€22,712
down €22,712 (-47.6%), from €47,666 to €24,954
- Financial charges +€7,104
up €7,104 (+212%), from €3,347 to €10,451
- Taxes -€1,480
down €1,480 (-65.9%), from €2,246 to €766
- Other operating charges -€504
down €504 (-17.3%), from €2,918 to €2,415
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,114 | €104,908 | -€77,205 | -42.4% |
| Fixed assets | 21/28 | €71,551 | €56,507 | -€15,044 | -21.0% |
| Tangible fixed assets | 22/27 | €71,551 | €56,507 | -€15,044 | -21.0% |
| Plant, machinery and equipment | 23 | €2,112 | €1,602 | -€510 | -24.1% |
| Furniture and vehicles | 24 | €38,414 | €27,757 | -€10,657 | -27.7% |
| Other tangible fixed assets | 26 | €31,025 | €27,148 | -€3,877 | -12.5% |
| Current assets | 29/58 | €110,563 | €48,401 | -€62,161 | -56.2% |
| Stocks and contracts in progress | 3 | €10,902 | €5,887 | -€5,015 | -46.0% |
| Stocks | 30/36 | €10,902 | €5,887 | -€5,015 | -46.0% |
| Amounts receivable within one year | 40/41 | €54,112 | €9,079 | -€45,032 | -83.2% |
| Trade receivables | 40 | €44,868 | €8,908 | -€35,960 | -80.1% |
| Other amounts receivable | 41 | €9,244 | €171 | -€9,072 | -98.1% |
| Cash at bank and in hand | 54/58 | €45,549 | €32,763 | -€12,786 | -28.1% |
| Deferred charges and accrued income | 490/1 | €0 | €672 | +€672 | |
| Total equity and liabilities | 10/49 | €182,114 | €104,908 | -€77,205 | -42.4% |
| Equity | 10/15 | €34,424 | €29,758 | -€4,666 | -13.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,424 | €26,758 | -€4,666 | -14.8% |
| Distributable reserves | 133 | €31,424 | €26,758 | -€4,666 | -14.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €147,690 | €75,151 | -€72,539 | -49.1% |
| Amounts payable after more than one year | 17 | €36,284 | €32,123 | -€4,161 | -11.5% |
| Financial debts | 170/4 | €36,284 | €32,123 | -€4,161 | -11.5% |
| Amounts payable within one year | 42/48 | €111,406 | €43,027 | -€68,378 | -61.4% |
| Current portion of amounts payable after more than one year | 42 | €3,908 | €4,161 | +€254 | +6.5% |
| Trade debts | 44 | €29,540 | €13,102 | -€16,438 | -55.6% |
| Suppliers | 440/4 | €29,540 | €13,102 | -€16,438 | -55.6% |
| Taxes, remuneration and social security | 45 | €43,155 | €3,860 | -€39,295 | -91.1% |
| Taxes | 450/3 | €43,052 | €3,860 | -€39,192 | -91.0% |
| Remuneration and social security | 454/9 | €103 | €0 | -€103 | -100% |
| Other amounts payable | 47/48 | €34,803 | €21,905 | -€12,899 | -37.1% |
| Remuneration, social security and pensions | 62 | €25,436 | €944 | -€24,492 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,781 | €15,044 | +€263 | +1.8% |
| Other operating charges | 640/8 | €2,918 | €2,415 | -€504 | -17.3% |
| Gross operating margin | 9900 | €47,666 | €24,954 | -€22,712 | -47.6% |
| Operating profit (loss) | 9901 | €4,531 | €6,551 | +€2,020 | +44.6% |
| Financial income | 75/76B | €147 | €0 | -€147 | -100% |
| Recurring financial income | 75 | €147 | €0 | -€147 | -100% |
| Financial charges | 65/66B | €3,347 | €10,451 | +€7,104 | +212% |
| Recurring financial charges | 65 | €3,347 | €10,451 | +€7,104 | +212% |
| Profit (loss) for the period before taxes | 9903 | €1,332 | -€3,899 | -€5,231 | |
| Income taxes | 67/77 | €2,246 | €766 | -€1,480 | -65.9% |
| Profit (loss) for the period | 9904 | -€915 | -€4,666 | -€3,751 | -410% |
| Profit (loss) for the period to be appropriated | 9905 | -€915 | -€4,666 | -€3,751 | -410% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.