DELAFRA: 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.
DELAFRA
Largest movements
- Tangible fixed assets +€23,868
up €23,868 (+205%), from €11,651 to €35,519
of which Furniture and vehicles: +€24,736
- Receivables within one year +€7,470
up €7,470 (+25.8%), from €28,953 to €36,422
of which Other amounts receivable: +€10,076
- Debts after one year +€24,884
up €24,884, from €0 to €24,884
- Reserves +€5,616
up €5,616 (+302%), from €1,860 to €7,476
- Tax, wage and social debts +€2,290
up €2,290 (+1,321%), from €173 to €2,463
- Trade debts -€2,176
down €2,176 (-98.9%), from €2,200 to €24
- Current portion of long-term debt +€1,387
up €1,387 (+27.1%), from €5,110 to €6,497
- Depreciation -€3,369
down €3,369 (-30.4%), from €11,068 to €7,700
- Gross operating margin -€1,132
down €1,132 (-6.7%), from €17,004 to €15,872
- Financial charges +€468
up €468 (+155%), from €302 to €770
- Financial income +€288
up €288 (+46.1%), from €626 to €914
- Taxes +€189
up €189 (+12.4%), from €1,530 to €1,719
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 | €93,515 | €124,719 | +€31,204 | +33.4% |
| Fixed assets | 21/28 | €11,825 | €35,691 | +€23,865 | +202% |
| Tangible fixed assets | 22/27 | €11,651 | €35,519 | +€23,868 | +205% |
| Plant, machinery and equipment | 23 | €2,305 | €1,437 | -€869 | -37.7% |
| Furniture and vehicles | 24 | €9,346 | €34,082 | +€24,736 | +265% |
| Financial fixed assets | 28 | €174 | €171 | -€3 | -1.6% |
| Current assets | 29/58 | €81,690 | €89,028 | +€7,339 | +9.0% |
| Amounts receivable after more than one year | 29 | €51,462 | €51,462 | = | 0.0% |
| Other amounts receivable | 291 | €51,462 | €51,462 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,953 | €36,422 | +€7,470 | +25.8% |
| Trade receivables | 40 | €14,368 | €11,761 | -€2,607 | -18.1% |
| Other amounts receivable | 41 | €14,585 | €24,661 | +€10,076 | +69.1% |
| Cash at bank and in hand | 54/58 | €1,084 | €534 | -€549 | -50.7% |
| Deferred charges and accrued income | 490/1 | €192 | €610 | +€418 | +218% |
| Total equity and liabilities | 10/49 | €93,515 | €124,719 | +€31,204 | +33.4% |
| Equity | 10/15 | €83,982 | €89,599 | +€5,616 | +6.7% |
| Contributions | 10/11 | €12,750 | €12,750 | = | 0.0% |
| Reserves | 13 | €1,860 | €7,476 | +€5,616 | +302% |
| Distributable reserves | 133 | €1,860 | €7,476 | +€5,616 | +302% |
| Profit (loss) carried forward | 14 | €69,373 | €69,373 | = | 0.0% |
| Amounts payable | 17/49 | €9,533 | €35,120 | +€25,587 | +268% |
| Amounts payable after more than one year | 17 | €0 | €24,884 | +€24,884 | |
| Financial debts | 170/4 | €0 | €24,884 | +€24,884 | |
| Amounts payable within one year | 42/48 | €7,483 | €8,985 | +€1,501 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €5,110 | €6,497 | +€1,387 | +27.1% |
| Trade debts | 44 | €2,200 | €24 | -€2,176 | -98.9% |
| Suppliers | 440/4 | €2,200 | €24 | -€2,176 | -98.9% |
| Taxes, remuneration and social security | 45 | €173 | €2,463 | +€2,290 | +1,321% |
| Taxes | 450/3 | €173 | €2,463 | +€2,290 | +1,321% |
| Accrued charges and deferred income | 492/3 | €2,049 | €1,252 | -€797 | -38.9% |
| Non-recurring operating income | 76A | €340 | €0 | -€340 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,068 | €7,700 | -€3,369 | -30.4% |
| Other operating charges | 640/8 | €1,103 | €980 | -€123 | -11.2% |
| Non-recurring operating charges | 66A | - | €2 | +€2 | |
| Gross operating margin | 9900 | €17,004 | €15,872 | -€1,132 | -6.7% |
| Operating profit (loss) | 9901 | €4,833 | €7,192 | +€2,359 | +48.8% |
| Financial income | 75/76B | €626 | €914 | +€288 | +46.1% |
| Recurring financial income | 75 | €626 | €914 | +€288 | +46.1% |
| Financial charges | 65/66B | €302 | €770 | +€468 | +155% |
| Recurring financial charges | 65 | €302 | €770 | +€468 | +155% |
| Profit (loss) for the period before taxes | 9903 | €5,157 | €7,336 | +€2,179 | +42.3% |
| Income taxes | 67/77 | €1,530 | €1,719 | +€189 | +12.4% |
| Profit (loss) for the period | 9904 | €3,626 | €5,616 | +€1,990 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,626 | €5,616 | +€1,990 | +54.9% |
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 21 October 2026 via checked.be.