DELANOIS André: 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.
DELANOIS André
Largest movements
- Receivables within one year +€58,998
up €58,998 (+27.0%), from €218,666 to €277,664
of which Trade receivables: +€65,736
- Cash -€48,198
down €48,198 (-70.9%), from €67,961 to €19,763
mainly Net result for the year (-€72,675) and Receivables within one year (-€58,998)
- Stocks and contracts +€23,328
up €23,328 (+118%), from €19,712 to €43,039
of which Stocks: +€23,328
- Tangible fixed assets -€6,115
down €6,115 (-47.5%), from €12,882 to €6,767
- Other debts +€86,295
up €86,295 (+133%), from €64,765 to €151,060
- Profit (loss) carried forward -€72,675
down €72,675 (-75.4%), from €96,439 to €23,764
- Trade debts +€16,999
up €16,999 (+209%), from €8,138 to €25,137
- Staff costs +€11,966
up €11,966 (+12.4%), from €96,490 to €108,455
- Gross operating margin -€9,826
down €9,826 (-17.5%), from €56,144 to €46,317
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 | €403,255 | €433,473 | +€30,218 | +7.5% |
| Fixed assets | 21/28 | €93,699 | €87,584 | -€6,115 | -6.5% |
| Intangible fixed assets | 21 | €79,566 | €79,566 | = | 0.0% |
| Tangible fixed assets | 22/27 | €12,882 | €6,767 | -€6,115 | -47.5% |
| Furniture and vehicles | 24 | €12,882 | €6,767 | -€6,115 | -47.5% |
| Financial fixed assets | 28 | €1,252 | €1,252 | = | 0.0% |
| Current assets | 29/58 | €309,556 | €345,888 | +€36,333 | +11.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €19,712 | €43,039 | +€23,328 | +118% |
| Stocks | 30/36 | €19,712 | €43,039 | +€23,328 | +118% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €218,666 | €277,664 | +€58,998 | +27.0% |
| Trade receivables | 40 | €206,017 | €271,753 | +€65,736 | +31.9% |
| Other amounts receivable | 41 | €12,649 | €5,911 | -€6,738 | -53.3% |
| Cash at bank and in hand | 54/58 | €67,961 | €19,763 | -€48,198 | -70.9% |
| Deferred charges and accrued income | 490/1 | €3,217 | €5,422 | +€2,206 | +68.6% |
| Total equity and liabilities | 10/49 | €403,255 | €433,473 | +€30,218 | +7.5% |
| Equity | 10/15 | €324,251 | €251,576 | -€72,675 | -22.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €209,220 | €209,220 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €196,720 | €196,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,439 | €23,764 | -€72,675 | -75.4% |
| Amounts payable | 17/49 | €79,004 | €181,897 | +€102,893 | +130% |
| Amounts payable within one year | 42/48 | €78,658 | €181,012 | +€102,354 | +130% |
| Trade debts | 44 | €8,138 | €25,137 | +€16,999 | +209% |
| Suppliers | 440/4 | €8,138 | €25,137 | +€16,999 | +209% |
| Taxes, remuneration and social security | 45 | €5,756 | €4,816 | -€940 | -16.3% |
| Taxes | 450/3 | €2,994 | €1,080 | -€1,915 | -63.9% |
| Remuneration and social security | 454/9 | €2,761 | €3,736 | +€974 | +35.3% |
| Other amounts payable | 47/48 | €64,765 | €151,060 | +€86,295 | +133% |
| Accrued charges and deferred income | 492/3 | €346 | €885 | +€539 | +156% |
| Remuneration, social security and pensions | 62 | €96,490 | €108,455 | +€11,966 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,458 | €8,777 | +€319 | +3.8% |
| Other operating charges | 640/8 | €1,217 | €1,025 | -€192 | -15.7% |
| Gross operating margin | 9900 | €56,144 | €46,317 | -€9,826 | -17.5% |
| Operating profit (loss) | 9901 | -€50,021 | -€71,940 | -€21,919 | -43.8% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €647 | €735 | +€88 | +13.5% |
| Recurring financial charges | 65 | €647 | €735 | +€88 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€50,668 | -€72,675 | -€22,007 | -43.4% |
| Income taxes | 67/77 | €35 | - | -€35 | |
| Profit (loss) for the period | 9904 | -€50,704 | -€72,675 | -€21,972 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,704 | -€72,675 | -€21,972 | -43.3% |
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 17 October 2026 via checked.be.