Delamontagne: 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.
Delamontagne
Largest movements
- Stocks and contracts +€88,250
new in 2025: €88,250
- Cash -€13,749
down €13,749 (-32.7%), from €42,029 to €28,280
mainly Stocks and contracts (-€88,250) and Deferred charges and accrued income (-€6,050)
- Deferred charges and accrued income +€6,050
up €6,050 (+55.1%), from €10,972 to €17,022
- Receivables within one year -€1,645
down €1,645 (-100%), from €1,645 to €0
- Profit (loss) carried forward +€70,855
up €70,855 (+260%), from €27,282 to €98,137
- Tax, wage and social debts +€13,944
up €13,944 (+109%), from €12,815 to €26,759
of which Taxes: +€15,736
- Other debts -€3,614
down €3,614 (-57.6%), from €6,270 to €2,656
- Trade debts -€2,293
down €2,293 (-100%), from €2,293 to €0
- Gross operating margin +€52,883
up €52,883 (+129%), from €40,837 to €93,720
- Taxes +€11,272
up €11,272 (+142%), from €7,963 to €19,234
- Depreciation -€2,526
down €2,526 (-99.5%), from €2,540 to €14
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 | €54,661 | €133,552 | +€78,892 | +144% |
| Formation expenses | 20 | €14 | €0 | -€14 | -100% |
| Current assets | 29/58 | €54,647 | €133,552 | +€78,906 | +144% |
| Stocks and contracts in progress | 3 | - | €88,250 | +€88,250 | |
| Stocks | 30/36 | - | €88,250 | +€88,250 | |
| Amounts receivable within one year | 40/41 | €1,645 | €0 | -€1,645 | -100% |
| Trade receivables | 40 | €1,645 | €0 | -€1,645 | -100% |
| Cash at bank and in hand | 54/58 | €42,029 | €28,280 | -€13,749 | -32.7% |
| Deferred charges and accrued income | 490/1 | €10,972 | €17,022 | +€6,050 | +55.1% |
| Total equity and liabilities | 10/49 | €54,661 | €133,552 | +€78,892 | +144% |
| Equity | 10/15 | €33,282 | €104,137 | +€70,855 | +213% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,282 | €98,137 | +€70,855 | +260% |
| Amounts payable | 17/49 | €21,378 | €29,415 | +€8,037 | +37.6% |
| Amounts payable within one year | 42/48 | €21,378 | €29,415 | +€8,037 | +37.6% |
| Trade debts | 44 | €2,293 | €0 | -€2,293 | -100% |
| Suppliers | 440/4 | €2,293 | €0 | -€2,293 | -100% |
| Taxes, remuneration and social security | 45 | €12,815 | €26,759 | +€13,944 | +109% |
| Taxes | 450/3 | €11,023 | €26,759 | +€15,736 | +143% |
| Remuneration and social security | 454/9 | €1,792 | €0 | -€1,792 | -100% |
| Other amounts payable | 47/48 | €6,270 | €2,656 | -€3,614 | -57.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,540 | €14 | -€2,526 | -99.5% |
| Other operating charges | 640/8 | €522 | €848 | +€326 | +62.5% |
| Gross operating margin | 9900 | €40,837 | €93,720 | +€52,883 | +129% |
| Operating profit (loss) | 9901 | €37,776 | €92,859 | +€55,083 | +146% |
| Financial charges | 65/66B | €2,531 | €2,770 | +€239 | +9.4% |
| Recurring financial charges | 65 | €2,531 | €2,770 | +€239 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €35,245 | €90,089 | +€54,844 | +156% |
| Income taxes | 67/77 | €7,963 | €19,234 | +€11,272 | +142% |
| Profit (loss) for the period | 9904 | €27,282 | €70,855 | +€43,572 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €27,282 | €70,855 | +€43,572 | +160% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.