DELAGRI: 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.
DELAGRI
Largest movements
- Receivables within one year -€452,387
down €452,387 (-49.4%), from €915,226 to €462,838
of which Trade receivables: -€455,965
- Cash +€318,445
up €318,445 (+170.5%), from €186,720 to €505,165
mainly Receivables within one year (+€452,387) and Stocks and contracts (+€154,360)
- Stocks and contracts -€154,360
down €154,360 (-100.0%), from €154,360 to €0
- Trade debts -€385,676
down €385,676 (-40.8%), from €944,799 to €559,123
- Other debts +€142,775
up €142,775 (+916.6%), from €15,577 to €158,351
- Tax, wage and social debts -€98,614
down €98,614 (-85.1%), from €115,948 to €17,334
- Reserves +€40,447
up €40,447 (+18.7%), from €216,361 to €256,807
of which Distributable reserves: +€40,447
- Debts after one year -€32,083
down €32,083 (-9.4%), from €339,549 to €307,465
- Depreciation -€49,900
down €49,900 (-81.0%), from €61,572 to €11,673
- Gross operating margin -€32,976
down €32,976 (-29.3%), from €112,371 to €79,395
- Financial charges +€5,210
up €5,210 (+76.9%), from €6,774 to €11,984
- Taxes -€2,760
down €2,760 (-22.2%), from €12,458 to €9,698
- Other operating charges +€2,533
up €2,533 (+82.7%), from €3,062 to €5,594
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 | €1,682,866 | €1,381,301 | -€301,565 | -17.9% |
| Fixed assets | 21/28 | €424,971 | €413,298 | -€11,673 | -2.7% |
| Tangible fixed assets | 22/27 | €424,971 | €413,298 | -€11,673 | -2.7% |
| Land and buildings | 22 | €388,138 | €381,565 | -€6,573 | -1.7% |
| Plant, machinery and equipment | 23 | €36,833 | €31,733 | -€5,100 | -13.8% |
| Current assets | 29/58 | €1,257,896 | €968,003 | -€289,893 | -23.0% |
| Stocks and contracts in progress | 3 | €154,360 | €0 | -€154,360 | -100.0% |
| Stocks | 30/36 | €154,360 | €0 | -€154,360 | -100.0% |
| Amounts receivable within one year | 40/41 | €915,226 | €462,838 | -€452,387 | -49.4% |
| Trade receivables | 40 | €914,481 | €458,516 | -€455,965 | -49.9% |
| Other amounts receivable | 41 | €745 | €4,322 | +€3,578 | +480.5% |
| Cash at bank and in hand | 54/58 | €186,720 | €505,165 | +€318,445 | +170.5% |
| Deferred charges and accrued income | 490/1 | €1,590 | €0 | -€1,590 | -100.0% |
| Total equity and liabilities | 10/49 | €1,682,866 | €1,381,301 | -€301,565 | -17.9% |
| Equity | 10/15 | €234,911 | €275,357 | +€40,447 | +17.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €216,361 | €256,807 | +€40,447 | +18.7% |
| Non-distributable reserves | 130/1 | €235 | €235 | = | 0.0% |
| Reserves not available under the articles | 1311 | €235 | €235 | = | 0.0% |
| Distributable reserves | 133 | €216,126 | €256,572 | +€40,447 | +18.7% |
| Amounts payable | 17/49 | €1,447,956 | €1,105,944 | -€342,012 | -23.6% |
| Amounts payable after more than one year | 17 | €339,549 | €307,465 | -€32,083 | -9.4% |
| Financial debts | 170/4 | €339,549 | €307,465 | -€32,083 | -9.4% |
| Amounts payable within one year | 42/48 | €1,108,407 | €798,479 | -€309,928 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €32,083 | €32,083 | = | 0.0% |
| Trade debts | 44 | €944,799 | €559,123 | -€385,676 | -40.8% |
| Suppliers | 440/4 | €944,799 | €559,123 | -€385,676 | -40.8% |
| Advances received on contracts in progress | 46 | - | €31,588 | +€31,588 | |
| Taxes, remuneration and social security | 45 | €115,948 | €17,334 | -€98,614 | -85.1% |
| Taxes | 450/3 | €115,948 | €17,334 | -€98,614 | -85.1% |
| Other amounts payable | 47/48 | €15,577 | €158,351 | +€142,775 | +916.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,572 | €11,673 | -€49,900 | -81.0% |
| Other operating charges | 640/8 | €3,062 | €5,594 | +€2,533 | +82.7% |
| Gross operating margin | 9900 | €112,371 | €79,395 | -€32,976 | -29.3% |
| Operating profit (loss) | 9901 | €47,737 | €62,128 | +€14,391 | +30.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €6,774 | €11,984 | +€5,210 | +76.9% |
| Recurring financial charges | 65 | €6,774 | €11,984 | +€5,210 | +76.9% |
| Profit (loss) for the period before taxes | 9903 | €40,964 | €50,144 | +€9,181 | +22.4% |
| Income taxes | 67/77 | €12,458 | €9,698 | -€2,760 | -22.2% |
| Profit (loss) for the period | 9904 | €28,506 | €40,447 | +€11,941 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,506 | €40,447 | +€11,941 | +41.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.