DELCAR: 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.
DELCAR
Largest movements
- Receivables within one year -€23,024
down €23,024 (-53.6%), from €42,988 to €19,964
of which Other amounts receivable: -€25,063
- Cash -€18,288
down €18,288 (-60.7%), from €30,116 to €11,828
mainly Contributions, distributions and other (-€110,000) and Investment in fixed assets (net) (-€6,588)
- Deferred charges and accrued income -€4,177
down €4,177 (-57.4%), from €7,283 to €3,106
- Tangible fixed assets +€3,112
up €3,112 (+10.4%), from €29,897 to €33,009
of which Furniture and vehicles: +€4,702
- Profit (loss) carried forward -€87,978
down €87,978 (-98.1%), from €89,680 to €1,702
- Other debts +€48,711
up €48,711, from €0 to €48,711
- Trade debts -€4,894
down €4,894 (-93.0%), from €5,261 to €367
- Tax, wage and social debts +€1,109
up €1,109 (+12.6%), from €8,777 to €9,887
of which Remuneration and social security: +€1,000
- Gross operating margin -€10,056
down €10,056 (-17.9%), from €56,171 to €46,115
- Taxes +€4,613
up €4,613 (+31.3%), from €14,745 to €19,358
- Other operating charges +€1,134
up €1,134 (+92.2%), from €1,229 to €2,363
- Depreciation +€659
up €659 (+23.4%), from €2,817 to €3,476
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 | €110,284 | €67,907 | -€42,377 | -38.4% |
| Fixed assets | 21/28 | €29,897 | €33,009 | +€3,112 | +10.4% |
| Tangible fixed assets | 22/27 | €29,897 | €33,009 | +€3,112 | +10.4% |
| Land and buildings | 22 | €28,013 | €26,423 | -€1,590 | -5.7% |
| Furniture and vehicles | 24 | €1,884 | €6,586 | +€4,702 | +250% |
| Current assets | 29/58 | €80,387 | €34,898 | -€45,489 | -56.6% |
| Amounts receivable within one year | 40/41 | €42,988 | €19,964 | -€23,024 | -53.6% |
| Trade receivables | 40 | €17,694 | €19,733 | +€2,038 | +11.5% |
| Other amounts receivable | 41 | €25,294 | €231 | -€25,063 | -99.1% |
| Cash at bank and in hand | 54/58 | €30,116 | €11,828 | -€18,288 | -60.7% |
| Deferred charges and accrued income | 490/1 | €7,283 | €3,106 | -€4,177 | -57.4% |
| Total equity and liabilities | 10/49 | €110,284 | €67,907 | -€42,377 | -38.4% |
| Equity | 10/15 | €94,680 | €6,702 | -€87,978 | -92.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,680 | €1,702 | -€87,978 | -98.1% |
| Amounts payable | 17/49 | €15,604 | €61,205 | +€45,601 | +292% |
| Amounts payable within one year | 42/48 | €14,038 | €58,964 | +€44,926 | +320% |
| Trade debts | 44 | €5,261 | €367 | -€4,894 | -93.0% |
| Suppliers | 440/4 | €5,261 | €367 | -€4,894 | -93.0% |
| Taxes, remuneration and social security | 45 | €8,777 | €9,887 | +€1,109 | +12.6% |
| Taxes | 450/3 | €8,777 | €8,887 | +€109 | +1.2% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €0 | €48,711 | +€48,711 | |
| Accrued charges and deferred income | 492/3 | €1,566 | €2,241 | +€675 | +43.1% |
| Remuneration, social security and pensions | 62 | €480 | €0 | -€480 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,817 | €3,476 | +€659 | +23.4% |
| Other operating charges | 640/8 | €1,229 | €2,363 | +€1,134 | +92.2% |
| Gross operating margin | 9900 | €56,171 | €46,115 | -€10,056 | -17.9% |
| Operating profit (loss) | 9901 | €51,644 | €40,275 | -€11,369 | -22.0% |
| Financial income | 75/76B | €961 | €1,458 | +€497 | +51.7% |
| Recurring financial income | 75 | €961 | €1,458 | +€497 | +51.7% |
| Financial charges | 65/66B | €291 | €353 | +€62 | +21.3% |
| Recurring financial charges | 65 | €291 | €353 | +€62 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €52,314 | €41,380 | -€10,934 | -20.9% |
| Income taxes | 67/77 | €14,745 | €19,358 | +€4,613 | +31.3% |
| Profit (loss) for the period | 9904 | €37,569 | €22,022 | -€15,547 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,569 | €22,022 | -€15,547 | -41.4% |
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 28 October 2026 via checked.be.