DELCOR: 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.
DELCOR
Largest movements
- Receivables within one year -€7,152
down €7,152 (-100.0%), from €7,152 to €0
- Deferred charges and accrued income +€3,959
up €3,959 (+151.0%), from €2,623 to €6,582
- Tangible fixed assets -€3,157
down €3,157 (-2.8%), from €112,654 to €109,497
of which Land and buildings: -€1,897
- Cash +€2,903
up €2,903 (+45.6%), from €6,360 to €9,263
mainly Receivables within one year (+€7,152) and Depreciation (+€3,157)
- Reserves -€2,802
down €2,802 (-10.7%), from €26,256 to €23,454
of which Distributable reserves: -€2,802
- Trade debts -€1,522
down €1,522 (-30.2%), from €5,045 to €3,522
- Gross operating margin +€5,351
up €5,351 (+233.6%), from €2,290 to €7,641
- Financial charges -€239
down €239 (-11.5%), from €2,076 to €1,837
- Financial income -€218
down €218 (-100.0%), from €218 to €0
- Other operating charges -€141
down €141 (-2.5%), from €5,590 to €5,449
- Depreciation +€109
up €109 (+3.6%), from €3,049 to €3,157
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 | €128,790 | €125,342 | -€3,448 | -2.7% |
| Fixed assets | 21/28 | €112,654 | €109,497 | -€3,157 | -2.8% |
| Tangible fixed assets | 22/27 | €112,654 | €109,497 | -€3,157 | -2.8% |
| Land and buildings | 22 | €91,491 | €89,594 | -€1,897 | -2.1% |
| Plant, machinery and equipment | 23 | €21,163 | €19,903 | -€1,260 | -6.0% |
| Current assets | 29/58 | €16,135 | €15,845 | -€290 | -1.8% |
| Amounts receivable within one year | 40/41 | €7,152 | €0 | -€7,152 | -100.0% |
| Other amounts receivable | 41 | €7,152 | €0 | -€7,152 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,360 | €9,263 | +€2,903 | +45.6% |
| Deferred charges and accrued income | 490/1 | €2,623 | €6,582 | +€3,959 | +151.0% |
| Total equity and liabilities | 10/49 | €128,790 | €125,342 | -€3,448 | -2.7% |
| Equity | 10/15 | €87,756 | €84,954 | -€2,802 | -3.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €26,256 | €23,454 | -€2,802 | -10.7% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €20,106 | €17,304 | -€2,802 | -13.9% |
| Amounts payable | 17/49 | €41,034 | €40,388 | -€646 | -1.6% |
| Amounts payable within one year | 42/48 | €40,545 | €40,269 | -€276 | -0.7% |
| Trade debts | 44 | €5,045 | €3,522 | -€1,522 | -30.2% |
| Suppliers | 440/4 | €5,045 | €3,522 | -€1,522 | -30.2% |
| Other amounts payable | 47/48 | €35,500 | €36,747 | +€1,247 | +3.5% |
| Accrued charges and deferred income | 492/3 | €490 | €119 | -€370 | -75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,049 | €3,157 | +€109 | +3.6% |
| Other operating charges | 640/8 | €5,590 | €5,449 | -€141 | -2.5% |
| Gross operating margin | 9900 | €2,290 | €7,641 | +€5,351 | +233.6% |
| Operating profit (loss) | 9901 | -€6,348 | -€965 | +€5,383 | +84.8% |
| Financial income | 75/76B | €218 | €0 | -€218 | -100.0% |
| Recurring financial income | 75 | €218 | €0 | -€218 | -100.0% |
| Financial charges | 65/66B | €2,076 | €1,837 | -€239 | -11.5% |
| Recurring financial charges | 65 | €2,076 | €1,837 | -€239 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,206 | -€2,802 | +€5,404 | +65.9% |
| Profit (loss) for the period | 9904 | -€8,206 | -€2,802 | +€5,404 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,206 | -€2,802 | +€5,404 | +65.9% |
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.