DELBAR-DECAMPS: 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.
DELBAR-DECAMPS
Largest movements
- Cash +€26,648
up €26,648 (+117%), from €22,873 to €49,521
mainly Net result for the year (+€22,328) and Depreciation (+€8,282)
- Stocks and contracts +€1,631
up €1,631 (+12.5%), from €13,052 to €14,682
- Profit (loss) carried forward +€22,328
up €22,328, from -€8,878 to €13,450
- Other debts -€4,383
down €4,383 (-72.2%), from €6,067 to €1,684
- Current portion of long-term debt +€3,320
up €3,320 (+58.6%), from €5,663 to €8,983
- Trade debts +€3,283
up €3,283 (+4.4%), from €75,398 to €78,681
- Gross operating margin +€23,335
up €23,335 (+9.5%), from €245,079 to €268,414
- Taxes +€4,951
up €4,951 (+582%), from €850 to €5,801
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 | €110,147 | €135,343 | +€25,196 | +22.9% |
| Fixed assets | 21/28 | €29,895 | €27,722 | -€2,173 | -7.3% |
| Tangible fixed assets | 22/27 | €24,570 | €23,397 | -€1,173 | -4.8% |
| Land and buildings | 22 | €2,292 | €3,860 | +€1,568 | +68.4% |
| Plant, machinery and equipment | 23 | €20,174 | €18,365 | -€1,809 | -9.0% |
| Furniture and vehicles | 24 | €2,103 | €1,172 | -€932 | -44.3% |
| Financial fixed assets | 28 | €5,325 | €4,325 | -€1,000 | -18.8% |
| Current assets | 29/58 | €80,252 | €107,621 | +€27,369 | +34.1% |
| Stocks and contracts in progress | 3 | €13,052 | €14,682 | +€1,631 | +12.5% |
| Stocks | 30/36 | €13,052 | €14,682 | +€1,631 | +12.5% |
| Amounts receivable within one year | 40/41 | €35,327 | €35,391 | +€65 | +0.2% |
| Trade receivables | 40 | €23,505 | €28,043 | +€4,538 | +19.3% |
| Other amounts receivable | 41 | €11,822 | €7,348 | -€4,474 | -37.8% |
| Cash at bank and in hand | 54/58 | €22,873 | €49,521 | +€26,648 | +117% |
| Deferred charges and accrued income | 490/1 | €9,001 | €8,028 | -€974 | -10.8% |
| Total equity and liabilities | 10/49 | €110,147 | €135,343 | +€25,196 | +22.9% |
| Equity | 10/15 | -€7,878 | €14,450 | +€22,328 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,878 | €13,450 | +€22,328 | |
| Amounts payable | 17/49 | €118,025 | €120,893 | +€2,868 | +2.4% |
| Amounts payable within one year | 42/48 | €118,025 | €120,893 | +€2,868 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €5,663 | €8,983 | +€3,320 | +58.6% |
| Trade debts | 44 | €75,398 | €78,681 | +€3,283 | +4.4% |
| Suppliers | 440/4 | €75,398 | €78,681 | +€3,283 | +4.4% |
| Taxes, remuneration and social security | 45 | €30,897 | €31,546 | +€649 | +2.1% |
| Taxes | 450/3 | €2,720 | €3,867 | +€1,147 | +42.2% |
| Remuneration and social security | 454/9 | €28,177 | €27,679 | -€498 | -1.8% |
| Other amounts payable | 47/48 | €6,067 | €1,684 | -€4,383 | -72.2% |
| Remuneration, social security and pensions | 62 | €227,525 | €224,991 | -€2,534 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,126 | €8,282 | +€1,156 | +16.2% |
| Other operating charges | 640/8 | €4,442 | €3,630 | -€812 | -18.3% |
| Gross operating margin | 9900 | €245,079 | €268,414 | +€23,335 | +9.5% |
| Operating profit (loss) | 9901 | €5,986 | €31,511 | +€25,525 | +426% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €3,532 | €3,389 | -€143 | -4.1% |
| Recurring financial charges | 65 | €3,532 | €3,389 | -€143 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €2,454 | €28,129 | +€25,675 | +1,046% |
| Income taxes | 67/77 | €850 | €5,801 | +€4,951 | +582% |
| Profit (loss) for the period | 9904 | €1,604 | €22,328 | +€20,724 | +1,292% |
| Profit (loss) for the period to be appropriated | 9905 | €1,604 | €22,328 | +€20,724 | +1,292% |
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 24 October 2026 via checked.be.