DELCORP: 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.
DELCORP
Largest movements
- Cash +€14,091
up €14,091 (+11.3%), from €124,977 to €139,068
mainly Net result for the year (+€35,372) and Stocks and contracts (+€2,393)
- Stocks and contracts -€2,393
no longer reported in 2025 (was €2,393)
- Receivables within one year -€1,455
down €1,455 (-49.4%), from €2,947 to €1,492
of which Trade receivables: -€1,307
- Reserves +€35,372
up €35,372 (+43.8%), from €80,700 to €116,071
- Tax, wage and social debts -€23,003
down €23,003 (-60.9%), from €37,757 to €14,754
- Trade debts -€2,444
down €2,444 (-51.9%), from €4,709 to €2,264
- Gross operating margin -€63,341
down €63,341 (-56.1%), from €112,992 to €49,651
- Taxes -€18,294
down €18,294 (-58.3%), from €31,375 to €13,081
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 | €131,753 | €141,677 | +€9,924 | +7.5% |
| Fixed assets | 21/28 | €1,186 | €621 | -€564 | -47.6% |
| Tangible fixed assets | 22/27 | €1,186 | €621 | -€564 | -47.6% |
| Furniture and vehicles | 24 | €1,186 | €621 | -€564 | -47.6% |
| Current assets | 29/58 | €130,567 | €141,055 | +€10,488 | +8.0% |
| Stocks and contracts in progress | 3 | €2,393 | - | -€2,393 | |
| Stocks | 30/36 | €2,393 | - | -€2,393 | |
| Amounts receivable within one year | 40/41 | €2,947 | €1,492 | -€1,455 | -49.4% |
| Trade receivables | 40 | €2,786 | €1,479 | -€1,307 | -46.9% |
| Other amounts receivable | 41 | €162 | €13 | -€149 | -91.9% |
| Cash at bank and in hand | 54/58 | €124,977 | €139,068 | +€14,091 | +11.3% |
| Deferred charges and accrued income | 490/1 | €250 | €495 | +€245 | +98.0% |
| Total equity and liabilities | 10/49 | €131,753 | €141,677 | +€9,924 | +7.5% |
| Equity | 10/15 | €89,286 | €124,658 | +€35,372 | +39.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €80,700 | €116,071 | +€35,372 | +43.8% |
| Distributable reserves | 133 | €80,700 | €116,071 | +€35,372 | +43.8% |
| Profit (loss) carried forward | 14 | €3,587 | €3,587 | = | 0.0% |
| Amounts payable | 17/49 | €42,466 | €17,019 | -€25,447 | -59.9% |
| Amounts payable within one year | 42/48 | €42,466 | €17,019 | -€25,447 | -59.9% |
| Trade debts | 44 | €4,709 | €2,264 | -€2,444 | -51.9% |
| Suppliers | 440/4 | €4,709 | €2,264 | -€2,444 | -51.9% |
| Taxes, remuneration and social security | 45 | €37,757 | €14,754 | -€23,003 | -60.9% |
| Taxes | 450/3 | €37,757 | €14,754 | -€23,003 | -60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €507 | €564 | +€57 | +11.3% |
| Other operating charges | 640/8 | €384 | €549 | +€165 | +42.9% |
| Gross operating margin | 9900 | €112,992 | €49,651 | -€63,341 | -56.1% |
| Operating profit (loss) | 9901 | €112,100 | €48,537 | -€63,563 | -56.7% |
| Financial income | 75/76B | €4 | €5 | +€1 | +24.5% |
| Recurring financial income | 75 | €4 | €5 | +€1 | +24.5% |
| Financial charges | 65/66B | €30 | €91 | +€61 | +202.1% |
| Recurring financial charges | 65 | €30 | €91 | +€61 | +202.1% |
| Profit (loss) for the period before taxes | 9903 | €112,075 | €48,452 | -€63,622 | -56.8% |
| Income taxes | 67/77 | €31,375 | €13,081 | -€18,294 | -58.3% |
| Profit (loss) for the period | 9904 | €80,700 | €35,372 | -€45,328 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,700 | €35,372 | -€45,328 | -56.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.