DELAGO: 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.
DELAGO
Largest movements
- Current investments +€29,484
up €29,484 (+99.8%), from €29,557 to €59,041
- Financial fixed assets -€23,819
down €23,819 (-100.0%), from €23,819 to €0
- Receivables within one year +€18,101
up €18,101 (+46.8%), from €38,703 to €56,804
of which Other amounts receivable: +€18,298
- Cash +€14,015
up €14,015 (+47.1%), from €29,734 to €43,749
mainly Net result for the year (+€41,844) and Investment in fixed assets (net) (+€18,831)
- Deferred charges and accrued income -€3,999
down €3,999 (-19.1%), from €20,956 to €16,957
- Reserves +€25,000
up €25,000 (+13.7%), from €182,375 to €207,375
of which Distributable reserves: +€25,000
- Tax, wage and social debts -€14,684
down €14,684 (-72.1%), from €20,372 to €5,688
- Other debts +€13,346
up €13,346 (+795.7%), from €1,677 to €15,023
- Short-term financial debts +€9,527
up €9,527 (+101.1%), from €9,427 to €18,955
- Gross operating margin +€8,629
up €8,629 (+10.2%), from €84,503 to €93,132
- Taxes -€3,837
down €3,837 (-17.9%), from €21,418 to €17,581
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,627 | €263,098 | +€34,470 | +15.1% |
| Fixed assets | 21/28 | €39,677 | €16,547 | -€23,130 | -58.3% |
| Tangible fixed assets | 22/27 | €15,857 | €16,547 | +€689 | +4.3% |
| Furniture and vehicles | 24 | €11,667 | €12,927 | +€1,260 | +10.8% |
| Other tangible fixed assets | 26 | €4,191 | €3,620 | -€571 | -13.6% |
| Financial fixed assets | 28 | €23,819 | €0 | -€23,819 | -100.0% |
| Current assets | 29/58 | €188,951 | €246,551 | +€57,600 | +30.5% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,703 | €56,804 | +€18,101 | +46.8% |
| Trade receivables | 40 | €21,938 | €21,740 | -€197 | -0.9% |
| Other amounts receivable | 41 | €16,765 | €35,064 | +€18,298 | +109.1% |
| Current investments | 50/53 | €29,557 | €59,041 | +€29,484 | +99.8% |
| Cash at bank and in hand | 54/58 | €29,734 | €43,749 | +€14,015 | +47.1% |
| Deferred charges and accrued income | 490/1 | €20,956 | €16,957 | -€3,999 | -19.1% |
| Total equity and liabilities | 10/49 | €228,627 | €263,098 | +€34,470 | +15.1% |
| Equity | 10/15 | €193,984 | €220,829 | +€26,844 | +13.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €182,375 | €207,375 | +€25,000 | +13.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €515 | €515 | = | 0.0% |
| Distributable reserves | 133 | €181,860 | €206,860 | +€25,000 | +13.7% |
| Profit (loss) carried forward | 14 | €5,409 | €7,253 | +€1,844 | +34.1% |
| Amounts payable | 17/49 | €34,643 | €42,269 | +€7,626 | +22.0% |
| Amounts payable within one year | 42/48 | €34,643 | €42,269 | +€7,626 | +22.0% |
| Financial debts | 43 | €9,427 | €18,955 | +€9,527 | +101.1% |
| Credit institutions | 430/8 | €9,427 | €18,955 | +€9,527 | +101.1% |
| Trade debts | 44 | €3,166 | €2,603 | -€563 | -17.8% |
| Suppliers | 440/4 | €3,166 | €2,603 | -€563 | -17.8% |
| Taxes, remuneration and social security | 45 | €20,372 | €5,688 | -€14,684 | -72.1% |
| Taxes | 450/3 | €20,372 | €5,688 | -€14,684 | -72.1% |
| Other amounts payable | 47/48 | €1,677 | €15,023 | +€13,346 | +795.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,829 | €4,299 | -€530 | -11.0% |
| Other operating charges | 640/8 | €397 | €1,167 | +€770 | +194.1% |
| Non-recurring operating charges | 66A | - | €23,819 | +€23,819 | |
| Gross operating margin | 9900 | €84,503 | €93,132 | +€8,629 | +10.2% |
| Operating profit (loss) | 9901 | €79,277 | €63,847 | -€15,431 | -19.5% |
| Financial income | 75/76B | €0 | €1 | +€0 | +37.5% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +37.5% |
| Financial charges | 65/66B | €5,262 | €4,422 | -€840 | -16.0% |
| Recurring financial charges | 65 | €5,262 | €4,422 | -€840 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €74,016 | €59,425 | -€14,590 | -19.7% |
| Income taxes | 67/77 | €21,418 | €17,581 | -€3,837 | -17.9% |
| Profit (loss) for the period | 9904 | €52,598 | €41,844 | -€10,754 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,598 | €41,844 | -€10,754 | -20.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.