DELAN Experts: 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.
DELAN Experts
Largest movements
- Cash -€13,832
down €13,832 (-14.1%), from €97,786 to €83,954
mainly Debts after one year (-€10,916) and Tax, wage and social debts (-€5,810)
- Tangible fixed assets -€10,485
down €10,485 (-28.9%), from €36,281 to €25,796
- Debts after one year -€10,916
down €10,916 (-59.1%), from €18,480 to €7,564
- Tax, wage and social debts -€5,810
down €5,810 (-15.4%), from €37,835 to €32,025
of which Remuneration and social security: -€3,577
- Trade debts -€4,300
down €4,300 (-15.6%), from €27,511 to €23,212
- Profit (loss) carried forward -€2,457
down €2,457 (-13.4%), from €18,293 to €15,836
- Gross operating margin -€35,032
down €35,032 (-40.6%), from €86,257 to €51,226
- Staff costs -€10,948
down €10,948 (-21.9%), from €50,021 to €39,073
- Taxes -€6,483
down €6,483 (-77.9%), from €8,326 to €1,843
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 | €206,011 | €183,025 | -€22,986 | -11.2% |
| Fixed assets | 21/28 | €36,281 | €25,796 | -€10,485 | -28.9% |
| Tangible fixed assets | 22/27 | €36,281 | €25,796 | -€10,485 | -28.9% |
| Furniture and vehicles | 24 | €36,281 | €25,796 | -€10,485 | -28.9% |
| Current assets | 29/58 | €169,729 | €157,229 | -€12,501 | -7.4% |
| Amounts receivable within one year | 40/41 | €71,193 | €72,472 | +€1,279 | +1.8% |
| Trade receivables | 40 | €61,817 | €62,007 | +€190 | +0.3% |
| Other amounts receivable | 41 | €9,376 | €10,465 | +€1,089 | +11.6% |
| Cash at bank and in hand | 54/58 | €97,786 | €83,954 | -€13,832 | -14.1% |
| Deferred charges and accrued income | 490/1 | €750 | €803 | +€53 | +7.0% |
| Total equity and liabilities | 10/49 | €206,011 | €183,025 | -€22,986 | -11.2% |
| Equity | 10/15 | €111,765 | €109,308 | -€2,457 | -2.2% |
| Contributions | 10/11 | €16,113 | €16,113 | = | 0.0% |
| Reserves | 13 | €77,359 | €77,359 | = | 0.0% |
| Distributable reserves | 133 | €77,359 | €77,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,293 | €15,836 | -€2,457 | -13.4% |
| Amounts payable | 17/49 | €94,245 | €73,716 | -€20,529 | -21.8% |
| Amounts payable after more than one year | 17 | €18,480 | €7,564 | -€10,916 | -59.1% |
| Financial debts | 170/4 | €18,480 | €7,564 | -€10,916 | -59.1% |
| Amounts payable within one year | 42/48 | €75,765 | €66,152 | -€9,613 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €10,419 | €10,916 | +€496 | +4.8% |
| Trade debts | 44 | €27,511 | €23,212 | -€4,300 | -15.6% |
| Suppliers | 440/4 | €27,511 | €23,212 | -€4,300 | -15.6% |
| Taxes, remuneration and social security | 45 | €37,835 | €32,025 | -€5,810 | -15.4% |
| Taxes | 450/3 | €23,882 | €21,649 | -€2,233 | -9.3% |
| Remuneration and social security | 454/9 | €13,953 | €10,375 | -€3,577 | -25.6% |
| Remuneration, social security and pensions | 62 | €50,021 | €39,073 | -€10,948 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,787 | €10,485 | -€302 | -2.8% |
| Other operating charges | 640/8 | €549 | €1,114 | +€566 | +103% |
| Gross operating margin | 9900 | €86,257 | €51,226 | -€35,032 | -40.6% |
| Operating profit (loss) | 9901 | €24,900 | €553 | -€24,347 | -97.8% |
| Financial income | 75/76B | €1 | €329 | +€328 | +33,423% |
| Recurring financial income | 75 | €1 | €329 | +€328 | +33,423% |
| Financial charges | 65/66B | €2,075 | €1,496 | -€579 | -27.9% |
| Recurring financial charges | 65 | €1,967 | €1,496 | -€471 | -24.0% |
| Non-recurring financial charges | 66B | €108 | - | -€108 | |
| Profit (loss) for the period before taxes | 9903 | €22,826 | -€614 | -€23,440 | |
| Income taxes | 67/77 | €8,326 | €1,843 | -€6,483 | -77.9% |
| Profit (loss) for the period | 9904 | €14,500 | -€2,457 | -€16,957 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,500 | -€2,457 | -€16,957 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.