DELCLIM: 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.
DELCLIM
Largest movements
- Tangible fixed assets +€293,379
up €293,379 (+624.1%), from €47,008 to €340,386
of which Land and buildings: +€281,157
- Cash -€39,652
down €39,652 (-27.4%), from €144,627 to €104,975
mainly Investment in fixed assets (net) (-€309,769) and Receivables within one year (-€30,864)
- Receivables within one year +€30,864
up €30,864 (+45.1%), from €68,496 to €99,361
of which Other amounts receivable: +€16,801
- Debts after one year +€215,155
new in 2025: €215,155
- Trade debts +€50,893
up €50,893 (+70.4%), from €72,247 to €123,139
- Reserves +€14,544
up €14,544 (+11.0%), from €131,671 to €146,215
- Current portion of long-term debt +€14,295
new in 2025: €14,295
- Accrued charges and deferred income -€8,375
down €8,375 (-88.9%), from €9,425 to €1,049
- Staff costs +€22,682
up €22,682 (+25.9%), from €87,579 to €110,261
- Depreciation +€13,975
up €13,975 (+578.5%), from €2,416 to €16,390
- Gross operating margin +€7,193
up €7,193 (+5.1%), from €141,066 to €148,258
- Taxes -€5,417
down €5,417 (-78.8%), from €6,871 to €1,454
- Financial charges +€4,538
up €4,538 (+853.2%), from €532 to €5,070
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 | €266,215 | €550,088 | +€283,873 | +106.6% |
| Fixed assets | 21/28 | €47,008 | €340,386 | +€293,379 | +624.1% |
| Tangible fixed assets | 22/27 | €47,008 | €340,386 | +€293,379 | +624.1% |
| Land and buildings | 22 | €39,479 | €320,635 | +€281,157 | +712.2% |
| Plant, machinery and equipment | 23 | €3,713 | €6,907 | +€3,194 | +86.0% |
| Furniture and vehicles | 24 | €3,816 | €12,843 | +€9,027 | +236.6% |
| Current assets | 29/58 | €219,207 | €209,702 | -€9,506 | -4.3% |
| Amounts receivable within one year | 40/41 | €68,496 | €99,361 | +€30,864 | +45.1% |
| Trade receivables | 40 | €53,110 | €67,174 | +€14,063 | +26.5% |
| Other amounts receivable | 41 | €15,386 | €32,187 | +€16,801 | +109.2% |
| Cash at bank and in hand | 54/58 | €144,627 | €104,975 | -€39,652 | -27.4% |
| Deferred charges and accrued income | 490/1 | €6,084 | €5,366 | -€718 | -11.8% |
| Total equity and liabilities | 10/49 | €266,215 | €550,088 | +€283,873 | +106.6% |
| Equity | 10/15 | €136,671 | €151,215 | +€14,544 | +10.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €131,671 | €146,215 | +€14,544 | +11.0% |
| Distributable reserves | 133 | €131,671 | €146,215 | +€14,544 | +11.0% |
| Amounts payable | 17/49 | €129,544 | €398,873 | +€269,329 | +207.9% |
| Amounts payable after more than one year | 17 | - | €215,155 | +€215,155 | |
| Financial debts | 170/4 | - | €215,155 | +€215,155 | |
| Amounts payable within one year | 42/48 | €120,119 | €182,669 | +€62,550 | +52.1% |
| Current portion of amounts payable after more than one year | 42 | - | €14,295 | +€14,295 | |
| Trade debts | 44 | €72,247 | €123,139 | +€50,893 | +70.4% |
| Suppliers | 440/4 | €72,247 | €123,139 | +€50,893 | +70.4% |
| Taxes, remuneration and social security | 45 | €29,156 | €22,126 | -€7,029 | -24.1% |
| Taxes | 450/3 | €18,147 | €9,172 | -€8,975 | -49.5% |
| Remuneration and social security | 454/9 | €11,009 | €12,954 | +€1,946 | +17.7% |
| Other amounts payable | 47/48 | €18,717 | €23,109 | +€4,392 | +23.5% |
| Accrued charges and deferred income | 492/3 | €9,425 | €1,049 | -€8,375 | -88.9% |
| Remuneration, social security and pensions | 62 | €87,579 | €110,261 | +€22,682 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,416 | €16,390 | +€13,975 | +578.5% |
| Other operating charges | 640/8 | €1,462 | €1,004 | -€458 | -31.3% |
| Gross operating margin | 9900 | €141,066 | €148,258 | +€7,193 | +5.1% |
| Operating profit (loss) | 9901 | €49,610 | €20,603 | -€29,006 | -58.5% |
| Financial income | 75/76B | €7 | €465 | +€459 | +6952.9% |
| Recurring financial income | 75 | €7 | €465 | +€459 | +6952.9% |
| Financial charges | 65/66B | €532 | €5,070 | +€4,538 | +853.2% |
| Recurring financial charges | 65 | €532 | €5,070 | +€4,538 | +853.2% |
| Profit (loss) for the period before taxes | 9903 | €49,084 | €15,998 | -€33,086 | -67.4% |
| Income taxes | 67/77 | €6,871 | €1,454 | -€5,417 | -78.8% |
| Profit (loss) for the period | 9904 | €42,213 | €14,544 | -€27,669 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,213 | €14,544 | -€27,669 | -65.5% |
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 10 October 2026 via checked.be.