Delaflax: 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.
Delaflax
Largest movements
- Tangible fixed assets +€449,629
up €449,629 (+44.3%), from €1.0m to €1.5m
of which Land and buildings: +€480,311
- Receivables within one year +€173,730
up €173,730 (+332.9%), from €52,185 to €225,915
of which Trade receivables: +€162,999
- Stocks and contracts +€32,643
new in 2025: €32,643
- Debts after one year +€379,873
up €379,873 (+54.8%), from €693,137 to €1.1m
of which Other amounts payable: +€351,500
- Short-term financial debts +€84,219
up €84,219 (+325.8%), from €25,848 to €110,067
- Accrued charges and deferred income +€64,640
up €64,640, from €0 to €64,640
- Current portion of long-term debt +€52,800
up €52,800 (+65.7%), from €80,344 to €133,144
- Trade debts +€42,598
up €42,598 (+141.4%), from €30,121 to €72,720
- Depreciation +€60,315
up €60,315 (+88.1%), from €68,473 to €128,787
- Gross operating margin +€43,611
up €43,611 (+14.6%), from €299,671 to €343,282
- Staff costs +€6,686
up €6,686 (+4.7%), from €143,603 to €150,290
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 | €1,077,837 | €1,726,641 | +€648,803 | +60.2% |
| Fixed assets | 21/28 | €1,014,228 | €1,463,857 | +€449,629 | +44.3% |
| Tangible fixed assets | 22/27 | €1,014,228 | €1,463,857 | +€449,629 | +44.3% |
| Land and buildings | 22 | €83,397 | €563,708 | +€480,311 | +575.9% |
| Plant, machinery and equipment | 23 | €930,831 | €900,149 | -€30,682 | -3.3% |
| Current assets | 29/58 | €63,610 | €262,784 | +€199,175 | +313.1% |
| Stocks and contracts in progress | 3 | - | €32,643 | +€32,643 | |
| Stocks | 30/36 | - | €32,643 | +€32,643 | |
| Amounts receivable within one year | 40/41 | €52,185 | €225,915 | +€173,730 | +332.9% |
| Trade receivables | 40 | €52,125 | €215,124 | +€162,999 | +312.7% |
| Other amounts receivable | 41 | €60 | €10,791 | +€10,731 | +17854.9% |
| Cash at bank and in hand | 54/58 | €5,297 | €0 | -€5,297 | -100.0% |
| Deferred charges and accrued income | 490/1 | €6,127 | €4,226 | -€1,901 | -31.0% |
| Total equity and liabilities | 10/49 | €1,077,837 | €1,726,641 | +€648,803 | +60.2% |
| Equity | 10/15 | €118,273 | €137,260 | +€18,987 | +16.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €18,273 | €37,260 | +€18,987 | +103.9% |
| Distributable reserves | 133 | €18,273 | €37,260 | +€18,987 | +103.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €959,564 | €1,589,381 | +€629,817 | +65.6% |
| Amounts payable after more than one year | 17 | €693,137 | €1,073,010 | +€379,873 | +54.8% |
| Financial debts | 170/4 | €693,137 | €721,510 | +€28,373 | +4.1% |
| Other amounts payable | 178/9 | - | €351,500 | +€351,500 | |
| Amounts payable within one year | 42/48 | €266,427 | €451,731 | +€185,303 | +69.6% |
| Current portion of amounts payable after more than one year | 42 | €80,344 | €133,144 | +€52,800 | +65.7% |
| Financial debts | 43 | €25,848 | €110,067 | +€84,219 | +325.8% |
| Credit institutions | 430/8 | €25,848 | €110,067 | +€84,219 | +325.8% |
| Trade debts | 44 | €30,121 | €72,720 | +€42,598 | +141.4% |
| Suppliers | 440/4 | €30,121 | €72,720 | +€42,598 | +141.4% |
| Taxes, remuneration and social security | 45 | €26,889 | €26,582 | -€307 | -1.1% |
| Taxes | 450/3 | €6,173 | €3,601 | -€2,572 | -41.7% |
| Remuneration and social security | 454/9 | €20,716 | €22,982 | +€2,265 | +10.9% |
| Other amounts payable | 47/48 | €103,225 | €109,218 | +€5,993 | +5.8% |
| Accrued charges and deferred income | 492/3 | €0 | €64,640 | +€64,640 | |
| Remuneration, social security and pensions | 62 | €143,603 | €150,290 | +€6,686 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,473 | €128,787 | +€60,315 | +88.1% |
| Other operating charges | 640/8 | €5,391 | €5,705 | +€314 | +5.8% |
| Non-recurring operating charges | 66A | - | €21,791 | +€21,791 | |
| Gross operating margin | 9900 | €299,671 | €343,282 | +€43,611 | +14.6% |
| Operating profit (loss) | 9901 | €82,203 | €36,708 | -€45,495 | -55.3% |
| Financial income | 75/76B | €0 | €43 | +€43 | |
| Recurring financial income | 75 | €0 | €43 | +€43 | |
| Financial charges | 65/66B | €15,938 | €15,866 | -€72 | -0.5% |
| Recurring financial charges | 65 | €15,938 | €15,866 | -€72 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €66,265 | €20,886 | -€45,380 | -68.5% |
| Income taxes | 67/77 | €1,827 | €1,899 | +€71 | +3.9% |
| Profit (loss) for the period | 9904 | €64,438 | €18,987 | -€45,451 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,438 | €18,987 | -€45,451 | -70.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.