DELBAR: what changed
Two fiscal 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
DELBAR
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€667,050
2024 · €1.1m-€409,269
Equity
€19.2m
2024 · €18.5m+€667,050
Cash
€1.4m
2024 · €559,266+€849,570
Balance sheet total
€28.0m
2024 · €27.9m+€96,088
Largest movements
Assets
- Receivables within one year -€1.6m
down €1.6m (-12.5%), from €13.0m to €11.4m
of which Other amounts receivable: -€2.5m
- Stocks and contracts +€1.6m
up €1.6m (+14.9%), from €10.7m to €12.3m
- Cash +€849,570
up €849,570 (+151.9%), from €559,266 to €1.4m
mainly Trade debts (+€2.3m) and Receivables within one year (+€1.6m)
- Current investments -€750,000
down €750,000 (-100.0%), from €750,000 to €0
Equity and liabilities
- Other debts -€3.1m
down €3.1m (-56.5%), from €5.5m to €2.4m
- Trade debts +€2.3m
up €2.3m (+80.5%), from €2.8m to €5.0m
- Reserves +€667,050
up €667,050 (+3.6%), from €18.5m to €19.1m
of which Distributable reserves: +€439,710
- Advances received +€392,326
up €392,326 (+345.5%), from €113,568 to €505,894
Income statement
- Goods and materials -€1.6m
down €1.6m (-3.1%), from €50.6m to €49.0m
of which Change in stocks: decrease (increase): -€2.3m
- Turnover -€1.5m
down €1.5m (-2.5%), from €58.7m to €57.2m
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
€1.1m
Turnover
-€1.5m
Other operating income
+€155,635
Goods and materials
+€1.6m
Services and other goods
-€334,314
Staff costs
-€481,838
Depreciation
-€44,283
Write-downs
-€20,608
Other operating charges
-€248,545
Other operating items
+€658
Financial income
+€295,974
Financial charges
+€105,229
Taxes
+€37,097
Result 2025
€667,050
Cash bridge derived
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
+€684,729
Investment
+€164,841
Financing
€0
Cash 2024
€559,266
From operations (derived)
+€684,729
Net result for the year
+€667,050
Depreciation
+€593,689
Stocks and contracts
-€1.6m
Receivables within one year
+€1.6m
Deferred charges and accrued income
-€45,405
Trade debts
+€2.3m
Tax, wage and social debts
+€57,670
Advances received
+€392,326
Other debts
-€3.1m
Accrued charges and deferred income
-€166,162
Investment (derived)
+€164,841
Investment in fixed assets (net)
-€585,159
Current investments
+€750,000
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,913,487 | €28,009,575 | +€96,088 | +0.3% |
| Fixed assets | 21/28 | €2,806,381 | €2,797,851 | -€8,530 | -0.3% |
| Intangible fixed assets | 21 | €673 | €7,950 | +€7,277 | +1081.4% |
| Tangible fixed assets | 22/27 | €2,805,708 | €2,789,901 | -€15,807 | -0.6% |
| Plant, machinery and equipment | 23 | €636,439 | €533,019 | -€103,419 | -16.2% |
| Furniture and vehicles | 24 | €1,663,030 | €1,793,395 | +€130,366 | +7.8% |
| Other tangible fixed assets | 26 | €506,239 | €463,486 | -€42,753 | -8.4% |
| Current assets | 29/58 | €25,107,106 | €25,211,724 | +€104,618 | +0.4% |
| Stocks and contracts in progress | 3 | €10,694,820 | €12,286,399 | +€1.6m | +14.9% |
| Stocks | 30/36 | €10,694,820 | €12,286,399 | +€1.6m | +14.9% |
| Goods purchased for resale | 34 | €10,694,820 | €12,286,399 | +€1.6m | +14.9% |
| Amounts receivable within one year | 40/41 | €13,021,041 | €11,389,106 | -€1.6m | -12.5% |
| Trade receivables | 40 | €1,527,193 | €2,425,574 | +€898,381 | +58.8% |
| Other amounts receivable | 41 | €11,493,848 | €8,963,531 | -€2.5m | -22.0% |
| Current investments | 50/53 | €750,000 | €0 | -€750,000 | -100.0% |
| Other investments | 51/53 | €750,000 | €0 | -€750,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €559,266 | €1,408,835 | +€849,570 | +151.9% |
| Deferred charges and accrued income | 490/1 | €81,979 | €127,384 | +€45,405 | +55.4% |
| Total equity and liabilities | 10/49 | €27,913,487 | €28,009,575 | +€96,088 | +0.3% |
| Equity | 10/15 | €18,519,138 | €19,186,188 | +€667,050 | +3.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €18,457,638 | €19,124,688 | +€667,050 | +3.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €822,618 | €1,049,958 | +€227,340 | +27.6% |
| Distributable reserves | 133 | €17,628,871 | €18,068,581 | +€439,710 | +2.5% |
| Amounts payable | 17/49 | €9,394,349 | €8,823,387 | -€570,962 | -6.1% |
| Amounts payable within one year | 42/48 | €8,793,202 | €8,388,402 | -€404,800 | -4.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,797,055 | €5,049,963 | +€2.3m | +80.5% |
| Suppliers | 440/4 | €2,797,055 | €5,049,963 | +€2.3m | +80.5% |
| Advances received on contracts in progress | 46 | €113,568 | €505,894 | +€392,326 | +345.5% |
| Taxes, remuneration and social security | 45 | €381,617 | €439,287 | +€57,670 | +15.1% |
| Taxes | 450/3 | €50,184 | €38,493 | -€11,691 | -23.3% |
| Remuneration and social security | 454/9 | €331,433 | €400,794 | +€69,361 | +20.9% |
| Other amounts payable | 47/48 | €5,500,963 | €2,393,258 | -€3.1m | -56.5% |
| Accrued charges and deferred income | 492/3 | €601,147 | €434,985 | -€166,162 | -27.6% |
| Operating income | 70/76A | €59,326,977 | €58,015,156 | -€1.3m | -2.2% |
| Turnover | 70 | €58,654,646 | €57,187,162 | -€1.5m | -2.5% |
| Other operating income | 74 | €672,331 | €827,967 | +€155,635 | +23.1% |
| Non-recurring operating income | 76A | - | €28 | +€28 | |
| Operating charges | 60/66A | €57,870,020 | €57,405,769 | -€464,251 | -0.8% |
| Goods for resale, raw materials and consumables | 60 | €50,598,846 | €49,005,636 | -€1.6m | -3.1% |
| Purchases | 600/8 | €49,834,572 | €50,589,975 | +€755,403 | +1.5% |
| Change in stocks: decrease (increase) | 609 | €764,275 | -€1,584,338 | -€2.3m | |
| Services and other goods | 61 | €3,302,753 | €3,637,068 | +€334,314 | +10.1% |
| Remuneration, social security and pensions | 62 | €3,313,107 | €3,794,945 | +€481,838 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €549,406 | €593,689 | +€44,283 | +8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€30,731 | -€10,123 | +€20,608 | +67.1% |
| Other operating charges | 640/8 | €136,009 | €384,555 | +€248,545 | +182.7% |
| Non-recurring operating charges | 66A | €630 | €0 | -€630 | -100.0% |
| Operating profit (loss) | 9901 | €1,456,957 | €609,387 | -€847,570 | -58.2% |
| Financial income | 75/76B | €22,314 | €318,288 | +€295,974 | +1326.4% |
| Recurring financial income | 75 | €22,314 | €288,316 | +€266,002 | +1192.1% |
| Income from current assets | 751 | €5,225 | €59,468 | +€54,243 | +1038.2% |
| Other financial income | 752/9 | €17,089 | €228,848 | +€211,759 | +1239.2% |
| Non-recurring financial income | 76B | €0 | €29,972 | +€29,972 | +59943660.0% |
| Financial charges | 65/66B | €164,616 | €59,387 | -€105,229 | -63.9% |
| Recurring financial charges | 65 | €155,856 | €42,093 | -€113,763 | -73.0% |
| Debt charges | 650 | €133,046 | €171 | -€132,874 | -99.9% |
| Other financial charges | 652/9 | €22,810 | €41,921 | +€19,111 | +83.8% |
| Non-recurring financial charges | 66B | €8,760 | €17,294 | +€8,534 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | €1,314,654 | €868,288 | -€446,367 | -34.0% |
| Income taxes | 67/77 | €238,335 | €201,238 | -€37,097 | -15.6% |
| Taxes | 670/3 | €238,335 | €201,238 | -€37,097 | -15.6% |
| Profit (loss) for the period | 9904 | €1,076,319 | €667,050 | -€409,269 | -38.0% |
| Transfer from tax-exempt reserves | 789 | €202,080 | €25,260 | -€176,820 | -87.5% |
| Transfer to tax-exempt reserves | 689 | €294,700 | €252,600 | -€42,100 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €983,699 | €439,710 | -€543,989 | -55.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.