DELDE: 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.
DELDE
Largest movements
- Tangible fixed assets -€33,753
down €33,753 (-92.9%), from €36,314 to €2,561
of which Land and buildings: -€28,508
- Receivables within one year -€22,546
down €22,546 (-46.6%), from €48,407 to €25,861
- Cash -€7,011
down €7,011 (-14.2%), from €49,217 to €42,207
mainly Net result for the year (-€47,248) and Trade debts (-€7,958)
- Profit (loss) carried forward -€47,248
down €47,248 (-110%), from -€42,958 to -€90,206
- Trade debts -€7,958
down €7,958 (-41.3%), from €19,274 to €11,315
- Tax, wage and social debts -€4,839
down €4,839 (-85.4%), from €5,669 to €830
of which Remuneration and social security: -€2,888
- Other debts -€3,732
down €3,732 (-3.2%), from €117,411 to €113,679
- Gross operating margin -€33,771
down €33,771, from €1,197 to -€32,574
- Depreciation -€1,010
down €1,010 (-7.5%), from €13,382 to €12,372
- Financial charges +€452
up €452 (+259%), from €175 to €627
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 | €171,671 | €106,894 | -€64,777 | -37.7% |
| Fixed assets | 21/28 | €38,311 | €4,558 | -€33,753 | -88.1% |
| Tangible fixed assets | 22/27 | €36,314 | €2,561 | -€33,753 | -92.9% |
| Land and buildings | 22 | €28,508 | - | -€28,508 | |
| Furniture and vehicles | 24 | €7,806 | €2,561 | -€5,245 | -67.2% |
| Financial fixed assets | 28 | €1,997 | €1,997 | = | 0.0% |
| Current assets | 29/58 | €133,360 | €102,336 | -€31,024 | -23.3% |
| Stocks and contracts in progress | 3 | €32,365 | €31,854 | -€512 | -1.6% |
| Stocks | 30/36 | €32,365 | €31,854 | -€512 | -1.6% |
| Amounts receivable within one year | 40/41 | €48,407 | €25,861 | -€22,546 | -46.6% |
| Trade receivables | 40 | €48,407 | €25,861 | -€22,546 | -46.6% |
| Current investments | 50/53 | €121 | €121 | -€0 | -0.1% |
| Cash at bank and in hand | 54/58 | €49,217 | €42,207 | -€7,011 | -14.2% |
| Deferred charges and accrued income | 490/1 | €3,250 | €2,295 | -€956 | -29.4% |
| Total equity and liabilities | 10/49 | €171,671 | €106,894 | -€64,777 | -37.7% |
| Equity | 10/15 | €28,318 | -€18,930 | -€47,248 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,676 | €52,676 | = | 0.0% |
| Distributable reserves | 133 | €52,676 | €52,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,958 | -€90,206 | -€47,248 | -110% |
| Amounts payable | 17/49 | €143,354 | €125,824 | -€17,529 | -12.2% |
| Amounts payable after more than one year | 17 | €1,000 | - | -€1,000 | |
| Other amounts payable | 178/9 | €1,000 | - | -€1,000 | |
| Amounts payable within one year | 42/48 | €142,354 | €125,824 | -€16,529 | -11.6% |
| Trade debts | 44 | €19,274 | €11,315 | -€7,958 | -41.3% |
| Suppliers | 440/4 | €19,274 | €11,315 | -€7,958 | -41.3% |
| Taxes, remuneration and social security | 45 | €5,669 | €830 | -€4,839 | -85.4% |
| Taxes | 450/3 | €2,781 | €830 | -€1,951 | -70.1% |
| Remuneration and social security | 454/9 | €2,888 | - | -€2,888 | |
| Other amounts payable | 47/48 | €117,411 | €113,679 | -€3,732 | -3.2% |
| Non-recurring operating income | 76A | - | €963 | +€963 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,382 | €12,372 | -€1,010 | -7.5% |
| Other operating charges | 640/8 | €1,388 | €1,428 | +€41 | +2.9% |
| Gross operating margin | 9900 | €1,197 | -€32,574 | -€33,771 | |
| Operating profit (loss) | 9901 | -€13,573 | -€46,374 | -€32,801 | -242% |
| Financial income | 75/76B | - | €168 | +€168 | |
| Recurring financial income | 75 | - | €168 | +€168 | |
| Financial charges | 65/66B | €175 | €627 | +€452 | +259% |
| Recurring financial charges | 65 | €175 | €627 | +€452 | +259% |
| Profit (loss) for the period before taxes | 9903 | -€13,748 | -€46,834 | -€33,086 | -241% |
| Income taxes | 67/77 | €425 | €414 | -€11 | -2.6% |
| Profit (loss) for the period | 9904 | -€14,173 | -€47,248 | -€33,075 | -233% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,173 | -€47,248 | -€33,075 | -233% |
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 14 October 2026 via checked.be.