DELAUNOY-ERGO: 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.
DELAUNOY-ERGO
Largest movements
- Cash -€253,982
down €253,982 (-87.6%), from €289,945 to €35,963
mainly Contributions, distributions and other (-€260,000)
- Profit (loss) carried forward -€253,982
down €253,982, from €194,660 to -€59,322
- Financial income +€4,838
up €4,838 (+164%), from €2,948 to €7,786
- Financial charges +€82
up €82 (+54.7%), from €150 to €232
- Gross operating margin -€60
down €60 (-5.5%), from -€1,091 to -€1,151
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 | €289,945 | €35,963 | -€253,982 | -87.6% |
| Current assets | 29/58 | €289,945 | €35,963 | -€253,982 | -87.6% |
| Cash at bank and in hand | 54/58 | €289,945 | €35,963 | -€253,982 | -87.6% |
| Total equity and liabilities | 10/49 | €289,945 | €35,963 | -€253,982 | -87.6% |
| Equity | 10/15 | €289,945 | €35,963 | -€253,982 | -87.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €70,285 | €70,285 | = | 0.0% |
| Non-distributable reserves | 130/1 | €450 | €450 | = | 0.0% |
| Reserves not available under the articles | 1311 | €450 | €450 | = | 0.0% |
| Distributable reserves | 133 | €69,835 | €69,835 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,660 | -€59,322 | -€253,982 | |
| Other operating charges | 640/8 | €387 | €384 | -€3 | -0.7% |
| Gross operating margin | 9900 | -€1,091 | -€1,151 | -€60 | -5.5% |
| Operating profit (loss) | 9901 | -€1,478 | -€1,535 | -€57 | -3.9% |
| Financial income | 75/76B | €2,948 | €7,786 | +€4,838 | +164% |
| Recurring financial income | 75 | €2,948 | €7,786 | +€4,838 | +164% |
| Financial charges | 65/66B | €150 | €232 | +€82 | +54.7% |
| Recurring financial charges | 65 | €150 | €232 | +€82 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | €1,320 | €6,018 | +€4,698 | +356% |
| Profit (loss) for the period | 9904 | €1,320 | €6,018 | +€4,698 | +356% |
| Profit (loss) for the period to be appropriated | 9905 | €1,320 | €6,018 | +€4,698 | +356% |
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 30 October 2026 via checked.be.