Delamo Construct: 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.
Delamo Construct
Largest movements
- Receivables within one year +€234,134
up €234,134 (+542.2%), from €43,182 to €277,316
of which Trade receivables: +€193,673
- Cash +€122,102
up €122,102 (+205006.1%), from €60 to €122,161
mainly Trade debts (+€185,290) and Net result for the year (+€178,752)
- Financial fixed assets +€14,400
new in 2025: €14,400
- Deferred charges and accrued income +€6,147
new in 2025: €6,147
- Trade debts +€185,290
up €185,290 (+190470.5%), from €97 to €185,387
- Reserves +€178,752
up €178,752 (+170.3%), from €104,992 to €283,744
of which Distributable reserves: +€178,752
- Current portion of long-term debt +€15,132
up €15,132 (+68.2%), from €22,181 to €37,313
- Tax, wage and social debts +€13,132
up €13,132 (+4482.7%), from €293 to €13,425
of which Remuneration and social security: +€9,563
- Debts after one year -€13,075
down €13,075 (-26.2%), from €49,982 to €36,907
- Gross operating margin +€354,792
up €354,792, from -€1,367 to €353,425
- Staff costs +€76,784
new in 2025: €76,784
- Taxes +€50,947
up €50,947 (+17391.2%), from €293 to €51,240
- Financial income +€14,048
up €14,048 (+1481.5%), from €948 to €14,996
- Financial charges +€13,499
up €13,499 (+4475.2%), from €302 to €13,801
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 | €193,878 | €573,109 | +€379,231 | +195.6% |
| Fixed assets | 21/28 | €127,380 | €144,325 | +€16,945 | +13.3% |
| Intangible fixed assets | 21 | €350 | €39 | -€311 | -88.9% |
| Tangible fixed assets | 22/27 | €127,030 | €129,886 | +€2,856 | +2.2% |
| Plant, machinery and equipment | 23 | €67,920 | €82,632 | +€14,711 | +21.7% |
| Furniture and vehicles | 24 | €53,933 | €37,519 | -€16,414 | -30.4% |
| Other tangible fixed assets | 26 | €5,177 | €9,735 | +€4,559 | +88.1% |
| Financial fixed assets | 28 | - | €14,400 | +€14,400 | |
| Current assets | 29/58 | €66,498 | €428,784 | +€362,286 | +544.8% |
| Stocks and contracts in progress | 3 | €23,256 | €23,159 | -€97 | -0.4% |
| Stocks | 30/36 | €23,256 | €23,159 | -€97 | -0.4% |
| Amounts receivable within one year | 40/41 | €43,182 | €277,316 | +€234,134 | +542.2% |
| Trade receivables | 40 | - | €193,673 | +€193,673 | |
| Other amounts receivable | 41 | €43,182 | €83,644 | +€40,461 | +93.7% |
| Cash at bank and in hand | 54/58 | €60 | €122,161 | +€122,102 | +205006.1% |
| Deferred charges and accrued income | 490/1 | - | €6,147 | +€6,147 | |
| Total equity and liabilities | 10/49 | €193,878 | €573,109 | +€379,231 | +195.6% |
| Equity | 10/15 | €121,325 | €300,077 | +€178,752 | +147.3% |
| Contributions | 10/11 | €16,333 | €16,333 | = | 0.0% |
| Reserves | 13 | €104,992 | €283,744 | +€178,752 | +170.3% |
| Tax-exempt reserves | 132 | €4,336 | €4,336 | = | 0.0% |
| Distributable reserves | 133 | €100,656 | €279,408 | +€178,752 | +177.6% |
| Amounts payable | 17/49 | €72,554 | €273,032 | +€200,479 | +276.3% |
| Amounts payable after more than one year | 17 | €49,982 | €36,907 | -€13,075 | -26.2% |
| Financial debts | 170/4 | €49,982 | €36,907 | -€13,075 | -26.2% |
| Amounts payable within one year | 42/48 | €22,572 | €236,125 | +€213,554 | +946.1% |
| Current portion of amounts payable after more than one year | 42 | €22,181 | €37,313 | +€15,132 | +68.2% |
| Trade debts | 44 | €97 | €185,387 | +€185,290 | +190470.5% |
| Suppliers | 440/4 | €97 | €185,387 | +€185,290 | +190470.5% |
| Taxes, remuneration and social security | 45 | €293 | €13,425 | +€13,132 | +4482.7% |
| Taxes | 450/3 | €293 | €3,862 | +€3,569 | +1218.3% |
| Remuneration and social security | 454/9 | - | €9,563 | +€9,563 | |
| Remuneration, social security and pensions | 62 | - | €76,784 | +€76,784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,436 | €42,088 | -€1,348 | -3.1% |
| Other operating charges | 640/8 | €663 | €5,756 | +€5,093 | +768.6% |
| Gross operating margin | 9900 | -€1,367 | €353,425 | +€354,792 | |
| Operating profit (loss) | 9901 | -€45,466 | €228,798 | +€274,263 | |
| Financial income | 75/76B | €948 | €14,996 | +€14,048 | +1481.5% |
| Recurring financial income | 75 | €948 | €14,996 | +€14,048 | +1481.5% |
| Financial charges | 65/66B | €302 | €13,801 | +€13,499 | +4475.2% |
| Recurring financial charges | 65 | €302 | €13,801 | +€13,499 | +4475.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,819 | €229,992 | +€274,811 | |
| Income taxes | 67/77 | €293 | €51,240 | +€50,947 | +17391.2% |
| Profit (loss) for the period | 9904 | -€45,112 | €178,752 | +€223,864 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,112 | €178,752 | +€223,864 |
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 8 October 2026 via checked.be.