DELAERE TRANS: 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 TRANS
Largest movements
- Cash -€72,836
down €72,836 (-88.0%), from €82,742 to €9,906
mainly Tax, wage and social debts (-€46,800) and Trade debts (-€33,571)
- Tangible fixed assets -€20,105
down €20,105 (-70.1%), from €28,699 to €8,594
of which Furniture and vehicles: -€20,095
- Receivables within one year +€17,142
up €17,142 (+3.4%), from €499,780 to €516,921
of which Trade receivables: +€16,296
- Tax, wage and social debts -€46,800
down €46,800 (-93.5%), from €50,051 to €3,251
of which Taxes: -€28,779
- Trade debts -€33,571
down €33,571 (-97.6%), from €34,390 to €819
- Reserves +€30,670
up €30,670 (+6.8%), from €449,781 to €480,451
of which Distributable reserves: +€30,670
- Current portion of long-term debt -€26,255
no longer reported in 2025 (was €26,255)
- Gross operating margin -€409,549
down €409,549 (-89.9%), from €455,722 to €46,174
- Staff costs -€331,860
no longer reported in 2025 (was €331,860)
- Depreciation -€27,407
down €27,407 (-100.0%), from €27,417 to €10
- Taxes -€12,986
down €12,986 (-55.9%), from €23,251 to €10,265
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 | €611,356 | €535,421 | -€75,935 | -12.4% |
| Fixed assets | 21/28 | €28,834 | €8,594 | -€20,240 | -70.2% |
| Tangible fixed assets | 22/27 | €28,699 | €8,594 | -€20,105 | -70.1% |
| Land and buildings | 22 | €8,594 | €8,594 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10 | - | -€10 | |
| Furniture and vehicles | 24 | €20,095 | - | -€20,095 | |
| Financial fixed assets | 28 | €135 | - | -€135 | |
| Current assets | 29/58 | €582,521 | €526,827 | -€55,694 | -9.6% |
| Amounts receivable within one year | 40/41 | €499,780 | €516,921 | +€17,142 | +3.4% |
| Trade receivables | 40 | €465,766 | €482,062 | +€16,296 | +3.5% |
| Other amounts receivable | 41 | €34,013 | €34,859 | +€846 | +2.5% |
| Cash at bank and in hand | 54/58 | €82,742 | €9,906 | -€72,836 | -88.0% |
| Total equity and liabilities | 10/49 | €611,356 | €535,421 | -€75,935 | -12.4% |
| Equity | 10/15 | €499,781 | €530,451 | +€30,670 | +6.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €449,781 | €480,451 | +€30,670 | +6.8% |
| Tax-exempt reserves | 132 | €58,600 | €58,600 | = | 0.0% |
| Distributable reserves | 133 | €391,181 | €421,851 | +€30,670 | +7.8% |
| Amounts payable | 17/49 | €111,574 | €4,970 | -€106,604 | -95.5% |
| Amounts payable within one year | 42/48 | €111,518 | €4,893 | -€106,625 | -95.6% |
| Current portion of amounts payable after more than one year | 42 | €26,255 | - | -€26,255 | |
| Trade debts | 44 | €34,390 | €819 | -€33,571 | -97.6% |
| Suppliers | 440/4 | €34,390 | €819 | -€33,571 | -97.6% |
| Taxes, remuneration and social security | 45 | €50,051 | €3,251 | -€46,800 | -93.5% |
| Taxes | 450/3 | €32,030 | €3,251 | -€28,779 | -89.9% |
| Remuneration and social security | 454/9 | €18,021 | - | -€18,021 | |
| Other amounts payable | 47/48 | €822 | €822 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €56 | €77 | +€21 | +37.5% |
| Non-recurring operating income | 76A | €4,000 | €33,905 | +€29,905 | +748% |
| Remuneration, social security and pensions | 62 | €331,860 | - | -€331,860 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,417 | €10 | -€27,407 | -100.0% |
| Other operating charges | 640/8 | €4,948 | €3,339 | -€1,609 | -32.5% |
| Gross operating margin | 9900 | €455,722 | €46,174 | -€409,549 | -89.9% |
| Operating profit (loss) | 9901 | €91,497 | €42,825 | -€48,671 | -53.2% |
| Financial income | 75/76B | €982 | €0 | -€982 | -100.0% |
| Recurring financial income | 75 | €982 | €0 | -€982 | -100.0% |
| Financial charges | 65/66B | €2,584 | €1,891 | -€693 | -26.8% |
| Recurring financial charges | 65 | €2,584 | €1,891 | -€693 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €89,895 | €40,935 | -€48,961 | -54.5% |
| Income taxes | 67/77 | €23,251 | €10,265 | -€12,986 | -55.9% |
| Profit (loss) for the period | 9904 | €66,644 | €30,670 | -€35,975 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,644 | €30,670 | -€35,975 | -54.0% |
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 28 October 2026 via checked.be.