DELCOPRO: 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.
What changed
DELCOPRO
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€63,022
2024 · -€237,307+€300,328
Equity
-€38,835
2024 · -€101,857+€63,022
Cash
€16,557
2024 · €17,723-€1,167
Balance sheet total
€763,767
2024 · €782,773-€19,006
Largest movements
Assets
- Receivables within one year +€35,027
up €35,027 (+29.3%), from €119,500 to €154,527
of which Other amounts receivable: +€32,482
- Tangible fixed assets -€31,271
down €31,271 (-13.4%), from €233,814 to €202,543
- Stocks and contracts -€21,976
down €21,976 (-5.4%), from €407,570 to €385,593
Equity and liabilities
- Debts after one year -€80,465
down €80,465 (-13.2%), from €609,443 to €528,977
of which Trade debts: -€526,936
- Profit (loss) carried forward +€63,022
up €63,022 (+26.6%), from -€237,307 to -€174,285
- Short-term financial debts +€20,077
up €20,077 (+33.6%), from €59,810 to €79,887
- Current portion of long-term debt -€11,967
down €11,967 (-18.5%), from €64,593 to €52,626
Income statement
- Gross operating margin +€282,309
up €282,309 (+104%), from €270,171 to €552,480
- Depreciation -€20,206
down €20,206 (-26.2%), from €77,045 to €56,839
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.
Result 2024
-€237,307
Gross operating margin
+€282,309
Staff costs
+€1,016
Depreciation
+€20,206
Other operating charges
-€1,170
Financial income
+€301
Financial charges
-€1,722
Taxes
-€612
Result 2025
€63,022
raises the resultlowers the result
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.
From operations
+€96,756
Investment
-€25,568
Financing
-€72,355
Cash 2024
€17,723
From operations (derived)
+€96,756
Net result for the year
+€63,022
Depreciation
+€56,839
Stocks and contracts
+€21,976
Receivables within one year
-€35,027
Deferred charges and accrued income
-€382
Trade debts
-€5,672
Tax, wage and social debts
-€3,119
Other debts
-€881
Investment (derived)
-€25,568
Investment in fixed assets (net)
-€25,568
Financing
-€72,355
Debts after one year
-€80,465
Current portion of long-term debt
-€11,967
Short-term financial debts
+€20,077
Cash 2025
€16,557
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €782,773 | €763,767 | -€19,006 | -2.4% |
| Fixed assets | 21/28 | €235,225 | €203,954 | -€31,271 | -13.3% |
| Tangible fixed assets | 22/27 | €233,814 | €202,543 | -€31,271 | -13.4% |
| Plant, machinery and equipment | 23 | €159,977 | €149,332 | -€10,644 | -6.7% |
| Furniture and vehicles | 24 | €6,664 | €5,249 | -€1,415 | -21.2% |
| Leasing and similar rights | 25 | €20,619 | €13,529 | -€7,091 | -34.4% |
| Other tangible fixed assets | 26 | €46,554 | €34,433 | -€12,121 | -26.0% |
| Financial fixed assets | 28 | €1,411 | €1,411 | = | 0.0% |
| Current assets | 29/58 | €547,548 | €559,813 | +€12,265 | +2.2% |
| Stocks and contracts in progress | 3 | €407,570 | €385,593 | -€21,976 | -5.4% |
| Stocks | 30/36 | €407,570 | €385,593 | -€21,976 | -5.4% |
| Amounts receivable within one year | 40/41 | €119,500 | €154,527 | +€35,027 | +29.3% |
| Trade receivables | 40 | €105,339 | €107,884 | +€2,545 | +2.4% |
| Other amounts receivable | 41 | €14,161 | €46,643 | +€32,482 | +229% |
| Cash at bank and in hand | 54/58 | €17,723 | €16,557 | -€1,167 | -6.6% |
| Deferred charges and accrued income | 490/1 | €2,754 | €3,136 | +€382 | +13.9% |
| Total equity and liabilities | 10/49 | €782,773 | €763,767 | -€19,006 | -2.4% |
| Equity | 10/15 | -€101,857 | -€38,835 | +€63,022 | +61.9% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €11,450 | €11,450 | = | 0.0% |
| Distributable reserves | 133 | €11,450 | €11,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€237,307 | -€174,285 | +€63,022 | +26.6% |
| Amounts payable | 17/49 | €884,630 | €802,602 | -€82,028 | -9.3% |
| Amounts payable after more than one year | 17 | €609,443 | €528,977 | -€80,465 | -13.2% |
| Financial debts | 170/4 | €82,506 | €528,977 | +€446,471 | +541% |
| Trade debts | 175 | €526,936 | €0 | -€526,936 | -100% |
| Amounts payable within one year | 42/48 | €275,187 | €273,625 | -€1,562 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €64,593 | €52,626 | -€11,967 | -18.5% |
| Financial debts | 43 | €59,810 | €79,887 | +€20,077 | +33.6% |
| Credit institutions | 430/8 | €59,810 | €79,887 | +€20,077 | +33.6% |
| Trade debts | 44 | €97,220 | €91,548 | -€5,672 | -5.8% |
| Suppliers | 440/4 | €97,220 | €91,548 | -€5,672 | -5.8% |
| Taxes, remuneration and social security | 45 | €52,683 | €49,564 | -€3,119 | -5.9% |
| Taxes | 450/3 | €693 | €612 | -€81 | -11.7% |
| Remuneration and social security | 454/9 | €51,990 | €48,951 | -€3,038 | -5.8% |
| Other amounts payable | 47/48 | €881 | €0 | -€881 | -100% |
| Remuneration, social security and pensions | 62 | €395,736 | €394,720 | -€1,016 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,045 | €56,839 | -€20,206 | -26.2% |
| Other operating charges | 640/8 | €6,302 | €7,471 | +€1,170 | +18.6% |
| Gross operating margin | 9900 | €270,171 | €552,480 | +€282,309 | +104% |
| Operating profit (loss) | 9901 | -€208,912 | €93,450 | +€302,362 | |
| Financial income | 75/76B | €360 | €661 | +€301 | +83.8% |
| Recurring financial income | 75 | €360 | €661 | +€301 | +83.8% |
| Financial charges | 65/66B | €28,755 | €30,477 | +€1,722 | +6.0% |
| Recurring financial charges | 65 | €28,755 | €30,477 | +€1,722 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€237,307 | €63,634 | +€300,941 | |
| Income taxes | 67/77 | - | €612 | +€612 | |
| Profit (loss) for the period | 9904 | -€237,307 | €63,022 | +€300,328 | |
| Profit (loss) for the period to be appropriated | 9905 | -€237,307 | €63,022 | +€300,328 |
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 18 October 2026 via checked.be.