Delca International: 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.
Delca International
Largest movements
- Receivables within one year +€171,270
up €171,270 (+40.0%), from €428,552 to €599,822
of which Trade receivables: +€171,319
- Current investments +€155,000
up €155,000 (+258%), from €60,000 to €215,000
- Tangible fixed assets +€66,802
up €66,802 (+15.8%), from €423,867 to €490,668
of which Furniture and vehicles: +€96,282
- Cash -€64,773
down €64,773 (-22.1%), from €292,807 to €228,034
mainly Contributions, distributions and other (-€792,000) and Receivables within one year (-€171,270)
- Deferred charges and accrued income +€19,803
up €19,803 (+58.6%), from €33,780 to €53,583
- Other debts +€258,598
up €258,598 (+44.5%), from €581,638 to €840,236
- Debts after one year +€38,185
up €38,185 (+19.7%), from €193,481 to €231,666
- Trade debts +€28,603
up €28,603 (+16.7%), from €171,330 to €199,934
- Gross operating margin +€455,587
up €455,587 (+32.3%), from €1.4m to €1.9m
- Staff costs +€210,101
up €210,101 (+28.0%), from €749,042 to €959,143
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 | €1,246,191 | €1,594,293 | +€348,102 | +27.9% |
| Fixed assets | 21/28 | €431,052 | €497,854 | +€66,802 | +15.5% |
| Tangible fixed assets | 22/27 | €423,867 | €490,668 | +€66,802 | +15.8% |
| Furniture and vehicles | 24 | €135,134 | €231,416 | +€96,282 | +71.2% |
| Other tangible fixed assets | 26 | €288,732 | €259,252 | -€29,480 | -10.2% |
| Financial fixed assets | 28 | €7,186 | €7,186 | = | 0.0% |
| Current assets | 29/58 | €815,139 | €1,096,439 | +€281,300 | +34.5% |
| Amounts receivable within one year | 40/41 | €428,552 | €599,822 | +€171,270 | +40.0% |
| Trade receivables | 40 | €407,940 | €579,260 | +€171,319 | +42.0% |
| Other amounts receivable | 41 | €20,612 | €20,563 | -€49 | -0.2% |
| Current investments | 50/53 | €60,000 | €215,000 | +€155,000 | +258% |
| Cash at bank and in hand | 54/58 | €292,807 | €228,034 | -€64,773 | -22.1% |
| Deferred charges and accrued income | 490/1 | €33,780 | €53,583 | +€19,803 | +58.6% |
| Total equity and liabilities | 10/49 | €1,246,191 | €1,594,293 | +€348,102 | +27.9% |
| Equity | 10/15 | €146,297 | €146,918 | +€621 | +0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €36,021 | €36,021 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €26,846 | €26,846 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,276 | €48,897 | +€621 | +1.3% |
| Amounts payable | 17/49 | €1,099,894 | €1,447,375 | +€347,481 | +31.6% |
| Amounts payable after more than one year | 17 | €193,481 | €231,666 | +€38,185 | +19.7% |
| Financial debts | 170/4 | €193,481 | €231,666 | +€38,185 | +19.7% |
| Amounts payable within one year | 42/48 | €906,413 | €1,215,710 | +€309,296 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €50,670 | €61,246 | +€10,575 | +20.9% |
| Financial debts | 43 | €9,755 | €9,951 | +€197 | +2.0% |
| Credit institutions | 430/8 | €9,755 | €9,951 | +€197 | +2.0% |
| Trade debts | 44 | €171,330 | €199,934 | +€28,603 | +16.7% |
| Suppliers | 440/4 | €171,330 | €199,934 | +€28,603 | +16.7% |
| Taxes, remuneration and social security | 45 | €93,020 | €104,343 | +€11,323 | +12.2% |
| Taxes | 450/3 | - | €11 | +€11 | |
| Remuneration and social security | 454/9 | €93,020 | €104,332 | +€11,312 | +12.2% |
| Other amounts payable | 47/48 | €581,638 | €840,236 | +€258,598 | +44.5% |
| Remuneration, social security and pensions | 62 | €749,042 | €959,143 | +€210,101 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,526 | €83,462 | +€9,936 | +13.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,487 | €9,643 | -€12,845 | -57.1% |
| Other operating charges | 640/8 | €7,544 | €4,025 | -€3,519 | -46.6% |
| Gross operating margin | 9900 | €1,409,560 | €1,865,147 | +€455,587 | +32.3% |
| Operating profit (loss) | 9901 | €556,960 | €808,874 | +€251,913 | +45.2% |
| Financial income | 75/76B | €5,163 | €3,265 | -€1,898 | -36.8% |
| Recurring financial income | 75 | €5,163 | €3,265 | -€1,898 | -36.8% |
| Financial charges | 65/66B | €7,725 | €8,539 | +€814 | +10.5% |
| Recurring financial charges | 65 | €7,725 | €8,539 | +€814 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €554,398 | €803,600 | +€249,202 | +44.9% |
| Income taxes | 67/77 | €7,810 | €10,979 | +€3,168 | +40.6% |
| Profit (loss) for the period | 9904 | €546,588 | €792,621 | +€246,033 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €546,588 | €792,621 | +€246,033 | +45.0% |
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 31 October 2026 via checked.be.