DELBOMAT: 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.
DELBOMAT
Largest movements
- Stocks and contracts -€2.3m
down €2.3m (-20.7%), from €11.2m to €8.9m
- Receivables within one year +€734,297
up €734,297 (+206%), from €356,508 to €1.1m
- Cash +€142,424
up €142,424 (+497%), from €28,632 to €171,056
mainly Stocks and contracts (+€2.3m) and Net result for the year (+€196,108)
- Short-term financial debts -€1.3m
down €1.3m (-19.2%), from €7.0m to €5.7m
- Reserves +€196,108
up €196,108 (+30.3%), from €647,303 to €843,411
of which Distributable reserves: +€186,303
- Debts after one year -€126,000
down €126,000 (-17.8%), from €709,000 to €583,000
- Current portion of long-term debt -€124,000
down €124,000 (-28.8%), from €431,000 to €307,000
- Turnover +€1.8m
up €1.8m (+135%), from €1.3m to €3.1m
- Goods and materials +€1.5m
up €1.5m (+157%), from €957,566 to €2.5m
of which Change in stocks: decrease (increase): +€3.6m
- Financial charges -€97,859
down €97,859 (-25.6%), from €382,991 to €285,132
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 | €11,684,482 | €10,238,433 | -€1.4m | -12.4% |
| Fixed assets | 21/28 | €57,325 | €57,325 | = | 0.0% |
| Tangible fixed assets | 22/27 | €57,325 | €57,325 | = | 0.0% |
| Land and buildings | 22 | €57,325 | €57,325 | = | 0.0% |
| Current assets | 29/58 | €11,627,156 | €10,181,107 | -€1.4m | -12.4% |
| Stocks and contracts in progress | 3 | €11,242,016 | €8,919,246 | -€2.3m | -20.7% |
| Stocks | 30/36 | €11,242,016 | €8,919,246 | -€2.3m | -20.7% |
| Property held for sale | 35 | €11,242,016 | €8,919,246 | -€2.3m | -20.7% |
| Amounts receivable within one year | 40/41 | €356,508 | €1,090,805 | +€734,297 | +206% |
| Other amounts receivable | 41 | €356,508 | €1,090,805 | +€734,297 | +206% |
| Cash at bank and in hand | 54/58 | €28,632 | €171,056 | +€142,424 | +497% |
| Total equity and liabilities | 10/49 | €11,684,482 | €10,238,433 | -€1.4m | -12.4% |
| Equity | 10/15 | €3,443,303 | €3,639,411 | +€196,108 | +5.7% |
| Contributions | 10/11 | €2,796,000 | €2,796,000 | = | 0.0% |
| Capital | 10 | €2,796,000 | €2,796,000 | = | 0.0% |
| Issued capital | 100 | €2,796,000 | €2,796,000 | = | 0.0% |
| Reserves | 13 | €647,303 | €843,411 | +€196,108 | +30.3% |
| Non-distributable reserves | 130/1 | €44,794 | €54,599 | +€9,805 | +21.9% |
| Legal reserve | 130 | €44,794 | €54,599 | +€9,805 | +21.9% |
| Distributable reserves | 133 | €602,510 | €788,812 | +€186,303 | +30.9% |
| Amounts payable | 17/49 | €8,241,178 | €6,599,021 | -€1.6m | -19.9% |
| Amounts payable after more than one year | 17 | €709,000 | €583,000 | -€126,000 | -17.8% |
| Financial debts | 170/4 | €709,000 | €583,000 | -€126,000 | -17.8% |
| Other loans | 174 | €709,000 | €583,000 | -€126,000 | -17.8% |
| Amounts payable within one year | 42/48 | €7,532,178 | €6,011,181 | -€1.5m | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €431,000 | €307,000 | -€124,000 | -28.8% |
| Financial debts | 43 | €7,010,206 | €5,663,914 | -€1.3m | -19.2% |
| Credit institutions | 430/8 | €7,010,206 | €5,663,914 | -€1.3m | -19.2% |
| Trade debts | 44 | €36,975 | €35,256 | -€1,719 | -4.6% |
| Suppliers | 440/4 | €36,975 | €35,256 | -€1,719 | -4.6% |
| Taxes, remuneration and social security | 45 | €54 | - | -€54 | |
| Taxes | 450/3 | €54 | - | -€54 | |
| Other amounts payable | 47/48 | €53,942 | €5,011 | -€48,931 | -90.7% |
| Accrued charges and deferred income | 492/3 | - | €4,840 | +€4,840 | |
| Operating income | 70/76A | €1,332,441 | €3,101,912 | +€1.8m | +133% |
| Turnover | 70 | €1,322,114 | €3,100,572 | +€1.8m | +135% |
| Other operating income | 74 | €10,327 | €1,340 | -€8,988 | -87.0% |
| Operating charges | 60/66A | €1,084,740 | €2,620,672 | +€1.5m | +142% |
| Goods for resale, raw materials and consumables | 60 | €957,566 | €2,459,035 | +€1.5m | +157% |
| Purchases | 600/8 | €2,205,314 | €136,265 | -€2.1m | -93.8% |
| Change in stocks: decrease (increase) | 609 | -€1,247,749 | €2,322,770 | +€3.6m | |
| Services and other goods | 61 | €98,609 | €120,235 | +€21,626 | +21.9% |
| Other operating charges | 640/8 | €28,565 | €41,402 | +€12,837 | +44.9% |
| Operating profit (loss) | 9901 | €247,702 | €481,240 | +€233,539 | +94.3% |
| Financial charges | 65/66B | €382,991 | €285,132 | -€97,859 | -25.6% |
| Recurring financial charges | 65 | €382,991 | €285,132 | -€97,859 | -25.6% |
| Debt charges | 650 | €354,268 | €256,525 | -€97,743 | -27.6% |
| Other financial charges | 652/9 | €28,723 | €28,607 | -€116 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€135,289 | €196,108 | +€331,397 | |
| Profit (loss) for the period | 9904 | -€135,289 | €196,108 | +€331,397 | |
| Profit (loss) for the period to be appropriated | 9905 | -€135,289 | €196,108 | +€331,397 |
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 17 October 2026 via checked.be.