DELAS: 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.
DELAS
Largest movements
- Receivables within one year +€183,048
up €183,048 (+599%), from €30,580 to €213,628
of which Trade receivables: +€125,410
- Cash -€73,950
down €73,950 (-58.0%), from €127,523 to €53,573
mainly Receivables within one year (-€183,048) and Other debts (-€28,722)
- Tangible fixed assets -€12,694
down €12,694 (-50.0%), from €25,387 to €12,694
- Reserves +€115,931
up €115,931 (+72.8%), from €159,205 to €275,136
- Other debts -€28,722
down €28,722 (-3.8%), from €762,034 to €733,312
- Gross operating margin +€98,498
up €98,498 (+111%), from €88,696 to €187,195
- Taxes +€21,111
up €21,111 (+100%), from €21,083 to €42,194
- Financial charges +€15,852
up €15,852 (+1,465%), from €1,082 to €16,934
- Financial income +€1,887
up €1,887 (+198%), from €952 to €2,839
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 | €1,047,741 | €1,146,081 | +€98,340 | +9.4% |
| Fixed assets | 21/28 | €887,137 | €874,444 | -€12,694 | -1.4% |
| Tangible fixed assets | 22/27 | €25,387 | €12,694 | -€12,694 | -50.0% |
| Furniture and vehicles | 24 | €25,387 | €12,694 | -€12,694 | -50.0% |
| Financial fixed assets | 28 | €861,750 | €861,750 | = | 0.0% |
| Current assets | 29/58 | €160,604 | €271,638 | +€111,033 | +69.1% |
| Amounts receivable within one year | 40/41 | €30,580 | €213,628 | +€183,048 | +599% |
| Trade receivables | 40 | €8,470 | €133,880 | +€125,410 | +1,481% |
| Other amounts receivable | 41 | €22,110 | €79,748 | +€57,638 | +261% |
| Cash at bank and in hand | 54/58 | €127,523 | €53,573 | -€73,950 | -58.0% |
| Deferred charges and accrued income | 490/1 | €2,501 | €4,437 | +€1,935 | +77.4% |
| Total equity and liabilities | 10/49 | €1,047,741 | €1,146,081 | +€98,340 | +9.4% |
| Equity | 10/15 | €259,205 | €375,136 | +€115,931 | +44.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €159,205 | €275,136 | +€115,931 | +72.8% |
| Distributable reserves | 133 | €159,205 | €275,136 | +€115,931 | +72.8% |
| Amounts payable | 17/49 | €788,536 | €770,945 | -€17,591 | -2.2% |
| Amounts payable within one year | 42/48 | €787,494 | €760,540 | -€26,954 | -3.4% |
| Trade debts | 44 | - | €655 | +€655 | |
| Suppliers | 440/4 | - | €655 | +€655 | |
| Taxes, remuneration and social security | 45 | €25,459 | €26,573 | +€1,114 | +4.4% |
| Taxes | 450/3 | €25,459 | €26,573 | +€1,114 | +4.4% |
| Other amounts payable | 47/48 | €762,034 | €733,312 | -€28,722 | -3.8% |
| Accrued charges and deferred income | 492/3 | €1,043 | €10,405 | +€9,363 | +898% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,694 | €12,694 | = | 0.0% |
| Other operating charges | 640/8 | €1,705 | €2,281 | +€576 | +33.8% |
| Gross operating margin | 9900 | €88,696 | €187,195 | +€98,498 | +111% |
| Operating profit (loss) | 9901 | €74,297 | €172,220 | +€97,922 | +132% |
| Financial income | 75/76B | €952 | €2,839 | +€1,887 | +198% |
| Recurring financial income | 75 | €952 | €2,839 | +€1,887 | +198% |
| Financial charges | 65/66B | €1,082 | €16,934 | +€15,852 | +1,465% |
| Recurring financial charges | 65 | €1,082 | €16,934 | +€15,852 | +1,465% |
| Profit (loss) for the period before taxes | 9903 | €74,167 | €158,125 | +€83,957 | +113% |
| Income taxes | 67/77 | €21,083 | €42,194 | +€21,111 | +100% |
| Profit (loss) for the period | 9904 | €53,084 | €115,931 | +€62,847 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €53,084 | €115,931 | +€62,847 | +118% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.