Delanco: 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.
Delanco
Largest movements
- Receivables within one year -€54,538
down €54,538 (-100.0%), from €54,538 to €0
- Tangible fixed assets +€46,951
up €46,951 (+6.3%), from €748,638 to €795,589
of which Land and buildings: +€47,537
- Deferred charges and accrued income +€8,422
up €8,422, from €0 to €8,422
- Debts after one year +€857,346
new in 2025: €857,346
- Other debts -€834,938
down €834,938 (-99.9%), from €835,391 to €453
- Profit (loss) carried forward -€16,576
down €16,576 (-25.1%), from -€66,159 to -€82,736
- Gross operating margin +€12,050
up €12,050 (+99.3%), from -€12,136 to -€86
- Other operating charges +€3,578
up €3,578 (+477.7%), from €749 to €4,327
- Depreciation +€1,165
up €1,165 (+10.5%), from €11,040 to €12,205
- Financial charges +€159
up €159, from -€74 to €85
- Financial income +€127
up €127, from €0 to €127
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 | €804,431 | €811,019 | +€6,588 | +0.8% |
| Fixed assets | 21/28 | €748,638 | €795,589 | +€46,951 | +6.3% |
| Tangible fixed assets | 22/27 | €748,638 | €795,589 | +€46,951 | +6.3% |
| Land and buildings | 22 | €739,274 | €786,811 | +€47,537 | +6.4% |
| Plant, machinery and equipment | 23 | €7,305 | €5,239 | -€2,066 | -28.3% |
| Furniture and vehicles | 24 | €1,382 | €1,860 | +€479 | +34.6% |
| Other tangible fixed assets | 26 | €678 | €1,679 | +€1,001 | +147.7% |
| Current assets | 29/58 | €55,793 | €15,429 | -€40,363 | -72.3% |
| Amounts receivable within one year | 40/41 | €54,538 | €0 | -€54,538 | -100.0% |
| Trade receivables | 40 | €54,538 | €0 | -€54,538 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,254 | €7,007 | +€5,753 | +458.8% |
| Deferred charges and accrued income | 490/1 | €0 | €8,422 | +€8,422 | |
| Total equity and liabilities | 10/49 | €804,431 | €811,019 | +€6,588 | +0.8% |
| Equity | 10/15 | -€36,159 | -€52,736 | -€16,576 | -45.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,159 | -€82,736 | -€16,576 | -25.1% |
| Amounts payable | 17/49 | €840,590 | €863,754 | +€23,164 | +2.8% |
| Amounts payable after more than one year | 17 | - | €857,346 | +€857,346 | |
| Other amounts payable | 178/9 | - | €857,346 | +€857,346 | |
| Amounts payable within one year | 42/48 | €837,845 | €6,409 | -€831,437 | -99.2% |
| Trade debts | 44 | €2,455 | €5,956 | +€3,501 | +142.6% |
| Suppliers | 440/4 | €2,455 | €5,956 | +€3,501 | +142.6% |
| Other amounts payable | 47/48 | €835,391 | €453 | -€834,938 | -99.9% |
| Accrued charges and deferred income | 492/3 | €2,745 | €0 | -€2,745 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,040 | €12,205 | +€1,165 | +10.5% |
| Other operating charges | 640/8 | €749 | €4,327 | +€3,578 | +477.7% |
| Gross operating margin | 9900 | -€12,136 | -€86 | +€12,050 | +99.3% |
| Operating profit (loss) | 9901 | -€23,926 | -€16,618 | +€7,308 | +30.5% |
| Financial income | 75/76B | €0 | €127 | +€127 | |
| Recurring financial income | 75 | €0 | €127 | +€127 | |
| Financial charges | 65/66B | -€74 | €85 | +€159 | |
| Recurring financial charges | 65 | -€74 | €85 | +€159 | |
| Profit (loss) for the period before taxes | 9903 | -€23,851 | -€16,576 | +€7,275 | +30.5% |
| Profit (loss) for the period | 9904 | -€23,851 | -€16,576 | +€7,275 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,851 | -€16,576 | +€7,275 | +30.5% |
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 28 September 2026 via checked.be.