DELBO: 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.
DELBO
Largest movements
- Receivables within one year +€11,123
up €11,123 (+16.5%), from €67,236 to €78,359
of which Trade receivables: +€9,230
- Other debts +€19,109
up €19,109 (+362%), from €5,278 to €24,387
- Profit (loss) carried forward -€13,852
down €13,852, from €2,554 to -€11,298
- Trade debts +€7,093
up €7,093 (+14.9%), from €47,605 to €54,698
- Current portion of long-term debt -€2,012
no longer reported in 2023 (was €2,012)
- Turnover -€59,711
down €59,711 (-46.7%), from €127,774 to €68,063
- Gross operating margin -€29,632
down €29,632, from €16,942 to -€12,690
- Purchases and services -€28,577
down €28,577 (-25.8%), from €110,832 to €82,255
- Depreciation -€4,943
down €4,943 (-95.7%), from €5,163 to €220
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,004 | €80,342 | +€10,338 | +14.8% |
| Fixed assets | 21/28 | €910 | €690 | -€220 | -24.2% |
| Tangible fixed assets | 22/27 | €910 | €690 | -€220 | -24.2% |
| Plant, machinery and equipment | 23 | €910 | €690 | -€220 | -24.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €69,094 | €79,652 | +€10,558 | +15.3% |
| Amounts receivable within one year | 40/41 | €67,236 | €78,359 | +€11,123 | +16.5% |
| Trade receivables | 40 | €65,979 | €75,209 | +€9,230 | +14.0% |
| Other amounts receivable | 41 | €1,257 | €3,150 | +€1,893 | +151% |
| Cash at bank and in hand | 54/58 | €1,858 | €1,293 | -€565 | -30.4% |
| Total equity and liabilities | 10/49 | €70,004 | €80,342 | +€10,338 | +14.8% |
| Equity | 10/15 | €14,954 | €1,102 | -€13,852 | -92.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,554 | -€11,298 | -€13,852 | |
| Amounts payable | 17/49 | €55,050 | €79,240 | +€24,190 | +43.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €55,050 | €79,240 | +€24,190 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €2,012 | - | -€2,012 | |
| Trade debts | 44 | €47,605 | €54,698 | +€7,093 | +14.9% |
| Suppliers | 440/4 | €47,605 | €54,698 | +€7,093 | +14.9% |
| Taxes, remuneration and social security | 45 | €155 | €155 | = | 0.0% |
| Taxes | 450/3 | €155 | €155 | = | 0.0% |
| Other amounts payable | 47/48 | €5,278 | €24,387 | +€19,109 | +362% |
| Turnover | 70 | €127,774 | €68,063 | -€59,711 | -46.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €110,832 | €82,255 | -€28,577 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,163 | €220 | -€4,943 | -95.7% |
| Other operating charges | 640/8 | €347 | €384 | +€37 | +10.7% |
| Gross operating margin | 9900 | €16,942 | -€12,690 | -€29,632 | |
| Operating profit (loss) | 9901 | €11,432 | -€13,294 | -€24,726 | |
| Financial charges | 65/66B | €239 | €558 | +€319 | +133% |
| Recurring financial charges | 65 | €239 | €558 | +€319 | +133% |
| Profit (loss) for the period before taxes | 9903 | €11,193 | -€13,852 | -€25,045 | |
| Income taxes | 67/77 | €155 | - | -€155 | |
| Profit (loss) for the period | 9904 | €11,038 | -€13,852 | -€24,890 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,038 | -€13,852 | -€24,890 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.