DELAUREN: 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.
What changed
DELAUREN
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€82,628
2024 · €61,759+€20,869
Equity
€4.1m
2024 · €4.0m+€82,628
Cash
€5,998
2024 · €257+€5,741
Balance sheet total
€4.1m
2024 · €4.0m+€94,994
Largest movements
Assets
- Receivables within one year +€124,054
up €124,054 (+42.4%), from €292,623 to €416,677
of which Trade receivables: +€69,200
Equity and liabilities
- Profit (loss) carried forward +€82,628
up €82,628 (+4.1%), from -€2.0m to -€1.9m
Income statement
- Depreciation -€24,787
down €24,787 (-37.3%), from €66,399 to €41,612
- Gross operating margin -€4,498
down €4,498 (-3.4%), from €132,556 to €128,058
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.
Result 2024
€61,759
Gross operating margin
-€4,498
Depreciation
+€24,787
Other operating charges
+€607
Financial income
+€1,100
Financial charges
-€1,234
Taxes
+€107
Result 2025
€82,628
raises the resultlowers the result
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.
From operations
+€7,847
Investment
-€2,106
Financing
€0
Cash 2024
€257
From operations (derived)
+€7,847
Net result for the year
+€82,628
Depreciation
+€41,612
Receivables within one year
-€124,054
Deferred charges and accrued income
-€4,705
Trade debts
+€9,239
Tax, wage and social debts
+€3,126
Investment (derived)
-€2,106
Investment in fixed assets (net)
-€2,106
Cash 2025
€5,998
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,015,640 | €4,110,633 | +€94,994 | +2.4% |
| Fixed assets | 21/28 | €3,722,760 | €3,683,254 | -€39,506 | -1.1% |
| Tangible fixed assets | 22/27 | €3,722,760 | €3,683,254 | -€39,506 | -1.1% |
| Land and buildings | 22 | €3,673,942 | €3,643,525 | -€30,418 | -0.8% |
| Plant, machinery and equipment | 23 | €47,419 | €38,680 | -€8,739 | -18.4% |
| Furniture and vehicles | 24 | €1,398 | €1,049 | -€350 | -25.0% |
| Current assets | 29/58 | €292,880 | €427,380 | +€134,500 | +45.9% |
| Amounts receivable within one year | 40/41 | €292,623 | €416,677 | +€124,054 | +42.4% |
| Trade receivables | 40 | €145,800 | €215,000 | +€69,200 | +47.5% |
| Other amounts receivable | 41 | €146,823 | €201,677 | +€54,854 | +37.4% |
| Cash at bank and in hand | 54/58 | €257 | €5,998 | +€5,741 | +2,235% |
| Deferred charges and accrued income | 490/1 | €0 | €4,705 | +€4,705 | |
| Total equity and liabilities | 10/49 | €4,015,640 | €4,110,633 | +€94,994 | +2.4% |
| Equity | 10/15 | €4,011,186 | €4,093,814 | +€82,628 | +2.1% |
| Contributions | 10/11 | €2,451,000 | €2,451,000 | = | 0.0% |
| Capital | 10 | €2,451,000 | €2,451,000 | = | 0.0% |
| Issued capital | 100 | €2,451,000 | €2,451,000 | = | 0.0% |
| Revaluation surpluses | 12 | €3,241,541 | €3,241,541 | = | 0.0% |
| Reserves | 13 | €325,283 | €325,283 | = | 0.0% |
| Non-distributable reserves | 130/1 | €272,511 | €272,511 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €266,311 | €266,311 | = | 0.0% |
| Distributable reserves | 133 | €52,772 | €52,772 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,006,639 | -€1,924,011 | +€82,628 | +4.1% |
| Amounts payable | 17/49 | €4,454 | €16,819 | +€12,365 | +278% |
| Amounts payable within one year | 42/48 | €4,454 | €16,819 | +€12,365 | +278% |
| Trade debts | 44 | €2,751 | €11,990 | +€9,239 | +336% |
| Suppliers | 440/4 | €2,751 | €11,990 | +€9,239 | +336% |
| Taxes, remuneration and social security | 45 | €1,703 | €4,829 | +€3,126 | +184% |
| Taxes | 450/3 | €1,703 | €4,829 | +€3,126 | +184% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,399 | €41,612 | -€24,787 | -37.3% |
| Other operating charges | 640/8 | €6,089 | €5,482 | -€607 | -10.0% |
| Gross operating margin | 9900 | €132,556 | €128,058 | -€4,498 | -3.4% |
| Operating profit (loss) | 9901 | €60,068 | €80,964 | +€20,896 | +34.8% |
| Financial income | 75/76B | €1,980 | €3,080 | +€1,100 | +55.5% |
| Recurring financial income | 75 | €1,980 | €3,080 | +€1,100 | +55.5% |
| Financial charges | 65/66B | €160 | €1,394 | +€1,234 | +772% |
| Recurring financial charges | 65 | €160 | €1,394 | +€1,234 | +772% |
| Profit (loss) for the period before taxes | 9903 | €61,888 | €82,650 | +€20,762 | +33.5% |
| Income taxes | 67/77 | €129 | €22 | -€107 | -83.2% |
| Profit (loss) for the period | 9904 | €61,759 | €82,628 | +€20,869 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €61,759 | €82,628 | +€20,869 | +33.8% |
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 29 October 2026 via checked.be.