DELBEEKE IMMO: 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.
DELBEEKE IMMO
Largest movements
- Tangible fixed assets +€167,772
up €167,772 (+16.7%), from €1.0m to €1.2m
- Cash -€27,172
down €27,172 (-51.4%), from €52,859 to €25,687
mainly Investment in fixed assets (net) (-€201,600) and Receivables within one year (-€6,669)
- Other debts +€148,500
up €148,500 (+48.7%), from €305,192 to €453,692
- Gross operating margin -€6,658
down €6,658 (-13.3%), from €50,237 to €43,579
- Depreciation +€4,928
up €4,928 (+16.6%), from €29,650 to €34,578
- Taxes -€1,287
no longer reported in 2025 (was €1,287)
- Other operating charges +€607
up €607 (+5.3%), from €11,359 to €11,966
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,061,115 | €1,208,571 | +€147,456 | +13.9% |
| Formation expenses | 20 | €751 | - | -€751 | |
| Fixed assets | 21/28 | €1,006,257 | €1,174,030 | +€167,772 | +16.7% |
| Tangible fixed assets | 22/27 | €1,006,257 | €1,174,030 | +€167,772 | +16.7% |
| Land and buildings | 22 | €1,006,257 | €1,174,030 | +€167,772 | +16.7% |
| Current assets | 29/58 | €54,107 | €34,542 | -€19,566 | -36.2% |
| Amounts receivable within one year | 40/41 | €1,248 | €7,917 | +€6,669 | +534.4% |
| Trade receivables | 40 | €1,248 | €4,205 | +€2,957 | +236.9% |
| Other amounts receivable | 41 | - | €3,713 | +€3,713 | |
| Cash at bank and in hand | 54/58 | €52,859 | €25,687 | -€27,172 | -51.4% |
| Deferred charges and accrued income | 490/1 | - | €938 | +€938 | |
| Total equity and liabilities | 10/49 | €1,061,115 | €1,208,571 | +€147,456 | +13.9% |
| Equity | 10/15 | €755,796 | €752,792 | -€3,004 | -0.4% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,796 | €2,792 | -€3,004 | -51.8% |
| Amounts payable | 17/49 | €305,318 | €455,779 | +€150,461 | +49.3% |
| Amounts payable within one year | 42/48 | €305,318 | €455,779 | +€150,461 | +49.3% |
| Trade debts | 44 | €126 | €2,087 | +€1,961 | +1556.1% |
| Suppliers | 440/4 | €126 | €2,087 | +€1,961 | +1556.1% |
| Other amounts payable | 47/48 | €305,192 | €453,692 | +€148,500 | +48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,650 | €34,578 | +€4,928 | +16.6% |
| Other operating charges | 640/8 | €11,359 | €11,966 | +€607 | +5.3% |
| Gross operating margin | 9900 | €50,237 | €43,579 | -€6,658 | -13.3% |
| Operating profit (loss) | 9901 | €9,227 | -€2,965 | -€12,193 | |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €3 | €56 | +€53 | +1750.0% |
| Recurring financial charges | 65 | €3 | €56 | +€53 | +1750.0% |
| Profit (loss) for the period before taxes | 9903 | €9,224 | -€3,004 | -€12,229 | |
| Income taxes | 67/77 | €1,287 | - | -€1,287 | |
| Profit (loss) for the period | 9904 | €7,937 | -€3,004 | -€10,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,937 | -€3,004 | -€10,942 |
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 11 October 2026 via checked.be.