DELANGHE PROPERTIES: 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.
DELANGHE PROPERTIES
Largest movements
- Tangible fixed assets -€34,872
down €34,872 (-4.0%), from €880,128 to €845,256
of which Land and buildings: -€32,908
- Financial fixed assets +€33,639
up €33,639 (+6.5%), from €516,481 to €550,120
- Cash +€23,919
up €23,919 (+167%), from €14,323 to €38,242
mainly Net result for the year (+€38,966) and Depreciation (+€34,872)
- Deferred charges and accrued income +€15,427
up €15,427 (+1,130%), from €1,365 to €16,792
- Debts after one year -€39,701
down €39,701 (-5.9%), from €674,699 to €634,998
of which Financial debts: -€39,701
- Profit (loss) carried forward +€38,966
up €38,966 (+14.9%), from €261,439 to €300,405
- Other debts +€33,639
up €33,639 (+48.1%), from €70,000 to €103,639
- Gross operating margin +€19,412
up €19,412 (+18.8%), from €103,339 to €122,751
- Taxes +€9,873
up €9,873 (+128%), from €7,727 to €17,600
- Financial charges -€2,041
down €2,041 (-8.6%), from €23,638 to €21,597
- Other operating charges +€1,549
up €1,549 (+19.0%), from €8,168 to €9,717
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 | €1,413,115 | €1,452,660 | +€39,545 | +2.8% |
| Fixed assets | 21/28 | €1,396,609 | €1,395,376 | -€1,233 | -0.1% |
| Tangible fixed assets | 22/27 | €880,128 | €845,256 | -€34,872 | -4.0% |
| Land and buildings | 22 | €863,270 | €830,362 | -€32,908 | -3.8% |
| Furniture and vehicles | 24 | €16,858 | €14,894 | -€1,964 | -11.6% |
| Financial fixed assets | 28 | €516,481 | €550,120 | +€33,639 | +6.5% |
| Current assets | 29/58 | €16,506 | €57,284 | +€40,778 | +247% |
| Amounts receivable within one year | 40/41 | €818 | €2,251 | +€1,432 | +175% |
| Trade receivables | 40 | €200 | €51 | -€149 | -74.7% |
| Other amounts receivable | 41 | €618 | €2,200 | +€1,582 | +256% |
| Cash at bank and in hand | 54/58 | €14,323 | €38,242 | +€23,919 | +167% |
| Deferred charges and accrued income | 490/1 | €1,365 | €16,792 | +€15,427 | +1,130% |
| Total equity and liabilities | 10/49 | €1,413,115 | €1,452,660 | +€39,545 | +2.8% |
| Equity | 10/15 | €598,267 | €637,233 | +€38,966 | +6.5% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Revaluation surpluses | 12 | €55,821 | €55,821 | = | 0.0% |
| Reserves | 13 | €132,270 | €132,270 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €14,642 | +€14,642 | |
| Distributable reserves | 133 | €117,397 | €102,754 | -€14,642 | -12.5% |
| Profit (loss) carried forward | 14 | €261,439 | €300,405 | +€38,966 | +14.9% |
| Amounts payable | 17/49 | €814,848 | €815,427 | +€579 | +0.1% |
| Amounts payable after more than one year | 17 | €674,699 | €634,998 | -€39,701 | -5.9% |
| Financial debts | 170/4 | €552,699 | €512,998 | -€39,701 | -7.2% |
| Other amounts payable | 178/9 | €122,000 | €122,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €135,485 | €170,939 | +€35,453 | +26.2% |
| Current portion of amounts payable after more than one year | 42 | €52,317 | €39,701 | -€12,615 | -24.1% |
| Trade debts | 44 | €3 | €1,514 | +€1,511 | +54,949% |
| Suppliers | 440/4 | €3 | €1,514 | +€1,511 | +54,949% |
| Taxes, remuneration and social security | 45 | €13,166 | €26,085 | +€12,919 | +98.1% |
| Taxes | 450/3 | €13,166 | €26,085 | +€12,919 | +98.1% |
| Other amounts payable | 47/48 | €70,000 | €103,639 | +€33,639 | +48.1% |
| Accrued charges and deferred income | 492/3 | €4,664 | €9,491 | +€4,827 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,535 | €34,872 | +€337 | +1.0% |
| Other operating charges | 640/8 | €8,168 | €9,717 | +€1,549 | +19.0% |
| Gross operating margin | 9900 | €103,339 | €122,751 | +€19,412 | +18.8% |
| Operating profit (loss) | 9901 | €60,636 | €78,162 | +€17,526 | +28.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €23,638 | €21,597 | -€2,041 | -8.6% |
| Recurring financial charges | 65 | €23,638 | €21,597 | -€2,041 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €36,998 | €56,565 | +€19,567 | +52.9% |
| Income taxes | 67/77 | €7,727 | €17,600 | +€9,873 | +128% |
| Profit (loss) for the period | 9904 | €29,271 | €38,966 | +€9,694 | +33.1% |
| Transfer to tax-exempt reserves | 689 | - | €14,642 | +€14,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,271 | €24,323 | -€4,948 | -16.9% |
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 26 October 2026 via checked.be.