DELCOURT CONSTRUCTIES: 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.
DELCOURT CONSTRUCTIES
Largest movements
- Receivables within one year -€15,363
down €15,363 (-65.6%), from €23,419 to €8,056
of which Trade receivables: -€15,425
- Stocks and contracts -€6,780
down €6,780 (-16.3%), from €41,600 to €34,820
- Tangible fixed assets -€5,934
down €5,934 (-15.8%), from €37,590 to €31,655
of which Other tangible fixed assets: -€3,264
- Other debts -€8,603
down €8,603 (-28.5%), from €30,155 to €21,552
- Current portion of long-term debt -€8,153
down €8,153 (-61.7%), from €13,223 to €5,070
- Tax, wage and social debts -€7,058
down €7,058 (-38.8%), from €18,171 to €11,113
of which Taxes: -€7,559
- Debts after one year -€4,996
no longer reported in 2025 (was €4,996)
- Profit (loss) carried forward +€2,959
up €2,959 (+12.6%), from -€23,521 to -€20,563
- Gross operating margin -€19,959
down €19,959 (-36.4%), from €54,776 to €34,816
- Staff costs +€10,733
up €10,733 (+206%), from €5,214 to €15,947
- Write-downs -€8,995
down €8,995 (-69.5%), from €12,945 to €3,950
- Depreciation -€7,926
down €7,926 (-55.2%), from €14,354 to €6,428
- Financial charges -€3,276
down €3,276 (-45.8%), from €7,156 to €3,881
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,472 | €76,624 | -€28,848 | -27.4% |
| Fixed assets | 21/28 | €38,951 | €32,523 | -€6,428 | -16.5% |
| Intangible fixed assets | 21 | €1,362 | €868 | -€494 | -36.3% |
| Tangible fixed assets | 22/27 | €37,590 | €31,655 | -€5,934 | -15.8% |
| Plant, machinery and equipment | 23 | €6,849 | €5,137 | -€1,712 | -25.0% |
| Furniture and vehicles | 24 | €958 | - | -€958 | |
| Other tangible fixed assets | 26 | €29,782 | €26,518 | -€3,264 | -11.0% |
| Current assets | 29/58 | €66,521 | €44,101 | -€22,420 | -33.7% |
| Stocks and contracts in progress | 3 | €41,600 | €34,820 | -€6,780 | -16.3% |
| Stocks | 30/36 | €41,600 | €34,820 | -€6,780 | -16.3% |
| Amounts receivable within one year | 40/41 | €23,419 | €8,056 | -€15,363 | -65.6% |
| Trade receivables | 40 | €23,368 | €7,943 | -€15,425 | -66.0% |
| Other amounts receivable | 41 | €51 | €113 | +€62 | +120% |
| Cash at bank and in hand | 54/58 | €6 | €77 | +€71 | +1,170% |
| Deferred charges and accrued income | 490/1 | €1,495 | €1,148 | -€347 | -23.2% |
| Total equity and liabilities | 10/49 | €105,472 | €76,624 | -€28,848 | -27.4% |
| Equity | 10/15 | €12,271 | €15,230 | +€2,959 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,193 | €17,193 | = | 0.0% |
| Distributable reserves | 133 | €17,193 | €17,193 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,521 | -€20,563 | +€2,959 | +12.6% |
| Amounts payable | 17/49 | €93,201 | €61,394 | -€31,807 | -34.1% |
| Amounts payable after more than one year | 17 | €4,996 | - | -€4,996 | |
| Financial debts | 170/4 | €4,996 | - | -€4,996 | |
| Amounts payable within one year | 42/48 | €88,205 | €61,394 | -€26,811 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €13,223 | €5,070 | -€8,153 | -61.7% |
| Financial debts | 43 | €4,879 | €1,983 | -€2,895 | -59.3% |
| Credit institutions | 430/8 | €4,879 | €1,983 | -€2,895 | -59.3% |
| Trade debts | 44 | €21,776 | €21,675 | -€101 | -0.5% |
| Suppliers | 440/4 | €21,776 | €21,675 | -€101 | -0.5% |
| Taxes, remuneration and social security | 45 | €18,171 | €11,113 | -€7,058 | -38.8% |
| Taxes | 450/3 | €17,454 | €9,895 | -€7,559 | -43.3% |
| Remuneration and social security | 454/9 | €717 | €1,218 | +€501 | +69.8% |
| Other amounts payable | 47/48 | €30,155 | €21,552 | -€8,603 | -28.5% |
| Remuneration, social security and pensions | 62 | €5,214 | €15,947 | +€10,733 | +206% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,354 | €6,428 | -€7,926 | -55.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,945 | €3,950 | -€8,995 | -69.5% |
| Other operating charges | 640/8 | €1,846 | €1,793 | -€53 | -2.9% |
| Gross operating margin | 9900 | €54,776 | €34,816 | -€19,959 | -36.4% |
| Operating profit (loss) | 9901 | €20,417 | €6,698 | -€13,719 | -67.2% |
| Financial income | 75/76B | €4 | €141 | +€137 | +3,330% |
| Recurring financial income | 75 | €4 | €141 | +€137 | +3,330% |
| Financial charges | 65/66B | €7,156 | €3,881 | -€3,276 | -45.8% |
| Recurring financial charges | 65 | €7,156 | €3,881 | -€3,276 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €13,265 | €2,959 | -€10,306 | -77.7% |
| Profit (loss) for the period | 9904 | €13,265 | €2,959 | -€10,306 | -77.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,265 | €2,959 | -€10,306 | -77.7% |
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 27 October 2026 via checked.be.