DELCAR: what changed
Two fiscal 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.
DELCAR
Largest movements
- Cash +€11,646
up €11,646 (+6.2%), from €188,381 to €200,027
mainly Net result for the year (+€8,165) and Depreciation (+€5,818)
- Tangible fixed assets -€5,818
down €5,818 (-2.2%), from €265,456 to €259,638
of which Furniture and vehicles: -€4,541
- Profit (loss) carried forward +€8,165
up €8,165 (+9.9%), from -€82,564 to -€74,399
- Purchases and services -€8,104
down €8,104 (-55.7%), from €14,552 to €6,448
- Gross operating margin +€2,066
up €2,066 (+15.1%), from €13,728 to €15,794
- Financial income +€424
up €424 (+88.1%), from €482 to €906
- Taxes -€210
down €210, from €105 to -€105
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 | €528,370 | €534,354 | +€5,984 | +1.1% |
| Formation expenses | 20 | €23,275 | €23,275 | = | 0.0% |
| Fixed assets | 21/28 | €265,456 | €259,638 | -€5,818 | -2.2% |
| Tangible fixed assets | 22/27 | €265,456 | €259,638 | -€5,818 | -2.2% |
| Land and buildings | 22 | €160,363 | €159,961 | -€402 | -0.3% |
| Plant, machinery and equipment | 23 | €80,425 | €79,550 | -€875 | -1.1% |
| Furniture and vehicles | 24 | €24,667 | €20,126 | -€4,541 | -18.4% |
| Current assets | 29/58 | €239,639 | €251,440 | +€11,802 | +4.9% |
| Stocks and contracts in progress | 3 | €39,825 | €39,825 | = | 0.0% |
| Stocks | 30/36 | €39,825 | €39,825 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,510 | €9,640 | +€130 | +1.4% |
| Other amounts receivable | 41 | €9,510 | €9,640 | +€130 | +1.4% |
| Cash at bank and in hand | 54/58 | €188,381 | €200,027 | +€11,646 | +6.2% |
| Deferred charges and accrued income | 490/1 | €1,923 | €1,949 | +€26 | +1.3% |
| Total equity and liabilities | 10/49 | €528,370 | €534,354 | +€5,984 | +1.1% |
| Equity | 10/15 | €37,927 | €46,091 | +€8,165 | +21.5% |
| Contributions | 10/11 | €76,847 | €76,847 | = | 0.0% |
| Capital | 10 | €76,847 | €76,847 | = | 0.0% |
| Issued capital | 100 | €76,847 | €76,847 | = | 0.0% |
| Reserves | 13 | €43,644 | €43,644 | = | 0.0% |
| Distributable reserves | 133 | €43,644 | €43,644 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,564 | -€74,399 | +€8,165 | +9.9% |
| Amounts payable | 17/49 | €490,443 | €488,262 | -€2,181 | -0.4% |
| Amounts payable within one year | 42/48 | €490,443 | €488,262 | -€2,181 | -0.4% |
| Trade debts | 44 | €1,923 | €0 | -€1,923 | -100.0% |
| Suppliers | 440/4 | €1,923 | €0 | -€1,923 | -100.0% |
| Other amounts payable | 47/48 | €488,520 | €488,262 | -€258 | -0.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,552 | €6,448 | -€8,104 | -55.7% |
| Remuneration, social security and pensions | 62 | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,817 | €5,818 | +€1 | 0.0% |
| Other operating charges | 640/8 | €2,682 | €2,703 | +€21 | +0.8% |
| Gross operating margin | 9900 | €13,728 | €15,794 | +€2,066 | +15.1% |
| Operating profit (loss) | 9901 | €5,230 | €7,223 | +€1,994 | +38.1% |
| Financial income | 75/76B | €482 | €906 | +€424 | +88.1% |
| Recurring financial income | 75 | €482 | €906 | +€424 | +88.1% |
| Financial charges | 65/66B | €69 | €69 | -€0 | -0.1% |
| Recurring financial charges | 65 | €69 | €69 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €5,642 | €8,060 | +€2,418 | +42.9% |
| Income taxes | 67/77 | €105 | -€105 | -€210 | |
| Profit (loss) for the period | 9904 | €5,537 | €8,165 | +€2,628 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,537 | €8,165 | +€2,628 | +47.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.