DELBIE: 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.
DELBIE
Largest movements
- Cash -€48,715
down €48,715 (-30.2%), from €161,080 to €112,365
mainly Investment in fixed assets (net) (-€30,895) and Net result for the year (-€28,794)
- Profit (loss) carried forward -€28,794
down €28,794 (-45.1%), from €63,792 to €34,998
- Debts after one year -€10,544
down €10,544 (-8.6%), from €122,935 to €112,391
of which Financial debts: -€10,544
- Depreciation +€4,428
up €4,428 (+18.5%), from €23,897 to €28,324
- Gross operating margin +€2,756
up €2,756 (+146.5%), from €1,881 to €4,637
- Other operating charges -€1,388
down €1,388 (-30.6%), from €4,532 to €3,144
- Financial income -€986
down €986 (-65.8%), from €1,498 to €512
- Staff costs -€218
no longer reported in 2025 (was €218)
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 | €574,426 | €530,780 | -€43,646 | -7.6% |
| Fixed assets | 21/28 | €406,284 | €408,855 | +€2,571 | +0.6% |
| Tangible fixed assets | 22/27 | €406,149 | €408,720 | +€2,571 | +0.6% |
| Land and buildings | 22 | €406,149 | €408,720 | +€2,571 | +0.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €168,143 | €121,926 | -€46,217 | -27.5% |
| Amounts receivable within one year | 40/41 | €5,680 | €9,561 | +€3,881 | +68.3% |
| Trade receivables | 40 | €5,238 | €9,408 | +€4,170 | +79.6% |
| Other amounts receivable | 41 | €442 | €153 | -€289 | -65.4% |
| Cash at bank and in hand | 54/58 | €161,080 | €112,365 | -€48,715 | -30.2% |
| Deferred charges and accrued income | 490/1 | €1,383 | - | -€1,383 | |
| Total equity and liabilities | 10/49 | €574,426 | €530,780 | -€43,646 | -7.6% |
| Equity | 10/15 | €196,210 | €167,417 | -€28,794 | -14.7% |
| Contributions | 10/11 | €21,600 | €21,600 | = | 0.0% |
| Reserves | 13 | €110,819 | €110,819 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,606 | €6,606 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,606 | €6,606 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,750 | €23,750 | = | 0.0% |
| Distributable reserves | 133 | €80,462 | €80,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,792 | €34,998 | -€28,794 | -45.1% |
| Amounts payable | 17/49 | €378,216 | €363,364 | -€14,853 | -3.9% |
| Amounts payable after more than one year | 17 | €122,935 | €112,391 | -€10,544 | -8.6% |
| Financial debts | 170/4 | €121,435 | €110,891 | -€10,544 | -8.7% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €255,281 | €250,973 | -€4,308 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €10,415 | €10,544 | +€129 | +1.2% |
| Trade debts | 44 | €390 | €1,362 | +€973 | +249.6% |
| Suppliers | 440/4 | €390 | €1,362 | +€973 | +249.6% |
| Taxes, remuneration and social security | 45 | €1,327 | €1,496 | +€169 | +12.8% |
| Taxes | 450/3 | €1,327 | €1,496 | +€169 | +12.8% |
| Other amounts payable | 47/48 | €243,149 | €237,570 | -€5,579 | -2.3% |
| Remuneration, social security and pensions | 62 | €218 | - | -€218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,897 | €28,324 | +€4,428 | +18.5% |
| Other operating charges | 640/8 | €4,532 | €3,144 | -€1,388 | -30.6% |
| Gross operating margin | 9900 | €1,881 | €4,637 | +€2,756 | +146.5% |
| Operating profit (loss) | 9901 | -€26,766 | -€26,831 | -€65 | -0.2% |
| Financial income | 75/76B | €1,498 | €512 | -€986 | -65.8% |
| Recurring financial income | 75 | €1,498 | €512 | -€986 | -65.8% |
| Financial charges | 65/66B | €2,611 | €2,474 | -€137 | -5.2% |
| Recurring financial charges | 65 | €2,611 | €2,474 | -€137 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€27,879 | -€28,794 | -€914 | -3.3% |
| Income taxes | 67/77 | -€6 | - | +€6 | |
| Profit (loss) for the period | 9904 | -€27,873 | -€28,794 | -€921 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,873 | -€28,794 | -€921 | -3.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.