DELAGRO: 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.
DELAGRO
Largest movements
- Deferred charges and accrued income +€8,571
up €8,571 (+52.8%), from €16,240 to €24,811
- Cash -€4,358
down €4,358 (-5.4%), from €80,354 to €75,996
mainly Net result for the year (-€87,286) and Trade debts (-€15,000)
- Tax, wage and social debts +€91,468
up €91,468 (+429.6%), from €21,294 to €112,762
- Profit (loss) carried forward -€87,286
down €87,286 (-167.1%), from -€52,248 to -€139,533
- Trade debts -€15,000
down €15,000 (-58.2%), from €25,777 to €10,777
- Other debts +€13,830
new in 2025: €13,830
- Taxes +€72,610
new in 2025: €72,610
- Gross operating margin +€50,632
up €50,632 (+94.1%), from -€53,782 to -€3,150
- Financial income -€43,359
down €43,359 (-83.5%), from €51,930 to €8,571
- Financial charges +€4,242
up €4,242 (+73.0%), from €5,810 to €10,052
- Other operating charges +€3,478
up €3,478 (+64.4%), from €5,398 to €8,875
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 | €287,964 | €291,007 | +€3,043 | +1.1% |
| Fixed assets | 21/28 | €7,190 | €6,020 | -€1,170 | -16.3% |
| Tangible fixed assets | 22/27 | €2,340 | €1,170 | -€1,170 | -50.0% |
| Leasing and similar rights | 25 | €2,340 | €1,170 | -€1,170 | -50.0% |
| Financial fixed assets | 28 | €4,850 | €4,850 | = | 0.0% |
| Current assets | 29/58 | €280,774 | €284,987 | +€4,213 | +1.5% |
| Amounts receivable within one year | 40/41 | €184,180 | €184,180 | = | 0.0% |
| Trade receivables | 40 | €27,280 | €27,280 | = | 0.0% |
| Other amounts receivable | 41 | €156,900 | €156,900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €80,354 | €75,996 | -€4,358 | -5.4% |
| Deferred charges and accrued income | 490/1 | €16,240 | €24,811 | +€8,571 | +52.8% |
| Total equity and liabilities | 10/49 | €287,964 | €291,007 | +€3,043 | +1.1% |
| Equity | 10/15 | €139,842 | €52,556 | -€87,286 | -62.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €173,489 | €173,489 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €171,629 | €171,629 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,248 | -€139,533 | -€87,286 | -167.1% |
| Amounts payable | 17/49 | €148,123 | €238,451 | +€90,328 | +61.0% |
| Amounts payable after more than one year | 17 | €101,052 | €101,052 | = | 0.0% |
| Financial debts | 170/4 | €101,052 | €101,052 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,071 | €137,399 | +€90,328 | +191.9% |
| Financial debts | 43 | - | €31 | +€31 | |
| Credit institutions | 430/8 | - | €31 | +€31 | |
| Trade debts | 44 | €25,777 | €10,777 | -€15,000 | -58.2% |
| Suppliers | 440/4 | €25,777 | €10,777 | -€15,000 | -58.2% |
| Taxes, remuneration and social security | 45 | €21,294 | €112,762 | +€91,468 | +429.6% |
| Taxes | 450/3 | €21,294 | €112,762 | +€91,468 | +429.6% |
| Other amounts payable | 47/48 | - | €13,830 | +€13,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,170 | €1,170 | = | 0.0% |
| Other operating charges | 640/8 | €5,398 | €8,875 | +€3,478 | +64.4% |
| Gross operating margin | 9900 | -€53,782 | -€3,150 | +€50,632 | +94.1% |
| Operating profit (loss) | 9901 | -€60,349 | -€13,195 | +€47,154 | +78.1% |
| Financial income | 75/76B | €51,930 | €8,571 | -€43,359 | -83.5% |
| Recurring financial income | 75 | €51,930 | €8,571 | -€43,359 | -83.5% |
| Financial charges | 65/66B | €5,810 | €10,052 | +€4,242 | +73.0% |
| Recurring financial charges | 65 | €5,810 | €10,052 | +€4,242 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,229 | -€14,676 | -€447 | -3.1% |
| Income taxes | 67/77 | - | €72,610 | +€72,610 | |
| Profit (loss) for the period | 9904 | -€14,229 | -€87,286 | -€73,057 | -513.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,229 | -€87,286 | -€73,057 | -513.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.