DELCOMP: 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.
DELCOMP
Largest movements
- Receivables within one year -€11,863
down €11,863 (-67.4%), from €17,606 to €5,743
of which Trade receivables: -€11,982
- Cash -€8,795
down €8,795 (-9.6%), from €91,826 to €83,031
mainly Other debts (-€52,980) and Contributions, distributions and other (-€48,760)
- Other debts -€52,980
down €52,980 (-55.8%), from €94,973 to €41,993
- Profit (loss) carried forward +€41,542
up €41,542 (+563667.8%), from €7 to €41,550
- Trade debts -€18,409
down €18,409 (-100.0%), from €18,413 to €4
- Tax, wage and social debts +€15,758
up €15,758 (+1535.9%), from €1,026 to €16,784
- Reserves -€7,360
down €7,360 (-27.4%), from €26,904 to €19,544
of which Distributable reserves: -€7,360
- Taxes +€16,357
up €16,357 (+131.2%), from €12,463 to €28,821
- Gross operating margin +€5,208
up €5,208 (+4.4%), from €117,279 to €122,487
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 | €141,527 | €120,085 | -€21,442 | -15.2% |
| Fixed assets | 21/28 | €32,095 | €31,311 | -€783 | -2.4% |
| Tangible fixed assets | 22/27 | €32,045 | €31,262 | -€783 | -2.4% |
| Land and buildings | 22 | €32,045 | €31,262 | -€783 | -2.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €109,432 | €88,774 | -€20,658 | -18.9% |
| Amounts receivable within one year | 40/41 | €17,606 | €5,743 | -€11,863 | -67.4% |
| Trade receivables | 40 | €17,606 | €5,624 | -€11,982 | -68.1% |
| Other amounts receivable | 41 | - | €119 | +€119 | |
| Cash at bank and in hand | 54/58 | €91,826 | €83,031 | -€8,795 | -9.6% |
| Total equity and liabilities | 10/49 | €141,527 | €120,085 | -€21,442 | -15.2% |
| Equity | 10/15 | €26,912 | €61,095 | +€34,182 | +127.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €26,904 | €19,544 | -€7,360 | -27.4% |
| Tax-exempt reserves | 132 | €19,544 | €19,544 | = | 0.0% |
| Distributable reserves | 133 | €7,360 | €0 | -€7,360 | -100.0% |
| Profit (loss) carried forward | 14 | €7 | €41,550 | +€41,542 | +563667.8% |
| Amounts payable | 17/49 | €114,615 | €58,991 | -€55,624 | -48.5% |
| Amounts payable within one year | 42/48 | €114,412 | €58,781 | -€55,631 | -48.6% |
| Trade debts | 44 | €18,413 | €4 | -€18,409 | -100.0% |
| Suppliers | 440/4 | €18,413 | €4 | -€18,409 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,026 | €16,784 | +€15,758 | +1535.9% |
| Taxes | 450/3 | €1,026 | €16,784 | +€15,758 | +1535.9% |
| Other amounts payable | 47/48 | €94,973 | €41,993 | -€52,980 | -55.8% |
| Accrued charges and deferred income | 492/3 | €203 | €210 | +€7 | +3.4% |
| Non-recurring operating income | 76A | - | €1,665 | +€1,665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €783 | €783 | = | 0.0% |
| Other operating charges | 640/8 | €9,599 | €9,900 | +€301 | +3.1% |
| Gross operating margin | 9900 | €117,279 | €122,487 | +€5,208 | +4.4% |
| Operating profit (loss) | 9901 | €106,897 | €111,804 | +€4,906 | +4.6% |
| Financial charges | 65/66B | €47 | €40 | -€6 | -13.2% |
| Recurring financial charges | 65 | €47 | €40 | -€6 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €106,851 | €111,763 | +€4,912 | +4.6% |
| Income taxes | 67/77 | €12,463 | €28,821 | +€16,357 | +131.2% |
| Profit (loss) for the period | 9904 | €94,387 | €82,942 | -€11,445 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €94,387 | €82,942 | -€11,445 | -12.1% |
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 28 September 2026 via checked.be.