DELECLUSE: 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.
DELECLUSE
Largest movements
- Cash -€25,941
down €25,941 (-67.3%), from €38,564 to €12,622
mainly Receivables within one year (-€20,761) and Net result for the year (-€19,597)
- Receivables within one year +€20,761
up €20,761 (+270%), from €7,697 to €28,457
of which Trade receivables: +€19,523
- Tangible fixed assets +€13,361
up €13,361 (+428%), from €3,121 to €16,483
of which Furniture and vehicles: +€14,340
- Stocks and contracts +€4,957
new in 2025: €4,957
- Profit (loss) carried forward -€19,597
down €19,597, from €1,517 to -€18,080
- Trade debts +€12,111
up €12,111 (+2,206%), from €549 to €12,660
- Debts after one year +€11,638
new in 2025: €11,638
- Other debts +€5,626
new in 2025: €5,626
- Current portion of long-term debt +€2,806
new in 2025: €2,806
- Turnover -€160,008
no longer reported in 2025 (was €160,008)
- Purchases and services -€144,417
no longer reported in 2025 (was €144,417)
- Gross operating margin -€13,211
down €13,211 (-66.1%), from €19,975 to €6,764
- Staff costs +€10,618
up €10,618 (+112%), from €9,460 to €20,078
- Depreciation +€3,730
up €3,730 (+240%), from €1,557 to €5,286
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 | €49,382 | €63,085 | +€13,703 | +27.7% |
| Fixed assets | 21/28 | €3,121 | €16,483 | +€13,361 | +428% |
| Tangible fixed assets | 22/27 | €3,121 | €16,483 | +€13,361 | +428% |
| Plant, machinery and equipment | 23 | €2,131 | €1,152 | -€979 | -45.9% |
| Furniture and vehicles | 24 | €990 | €15,331 | +€14,340 | +1,448% |
| Current assets | 29/58 | €46,260 | €46,602 | +€342 | +0.7% |
| Stocks and contracts in progress | 3 | - | €4,957 | +€4,957 | |
| Stocks | 30/36 | - | €4,957 | +€4,957 | |
| Amounts receivable within one year | 40/41 | €7,697 | €28,457 | +€20,761 | +270% |
| Trade receivables | 40 | €5,493 | €25,016 | +€19,523 | +355% |
| Other amounts receivable | 41 | €2,203 | €3,441 | +€1,238 | +56.2% |
| Cash at bank and in hand | 54/58 | €38,564 | €12,622 | -€25,941 | -67.3% |
| Deferred charges and accrued income | 490/1 | - | €565 | +€565 | |
| Total equity and liabilities | 10/49 | €49,382 | €63,085 | +€13,703 | +27.7% |
| Equity | 10/15 | €40,497 | €20,900 | -€19,597 | -48.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,381 | €20,381 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,381 | €20,381 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €20,381 | +€18,521 | +996% |
| Own shares acquired | 1312 | €18,521 | - | -€18,521 | |
| Profit (loss) carried forward | 14 | €1,517 | -€18,080 | -€19,597 | |
| Amounts payable | 17/49 | €8,885 | €42,185 | +€33,300 | +375% |
| Amounts payable after more than one year | 17 | - | €11,638 | +€11,638 | |
| Financial debts | 170/4 | - | €11,638 | +€11,638 | |
| Amounts payable within one year | 42/48 | €8,885 | €30,547 | +€21,662 | +244% |
| Current portion of amounts payable after more than one year | 42 | - | €2,806 | +€2,806 | |
| Trade debts | 44 | €549 | €12,660 | +€12,111 | +2,206% |
| Suppliers | 440/4 | €549 | €12,660 | +€12,111 | +2,206% |
| Taxes, remuneration and social security | 45 | €8,335 | €9,454 | +€1,119 | +13.4% |
| Taxes | 450/3 | €7,115 | €3,983 | -€3,132 | -44.0% |
| Remuneration and social security | 454/9 | €1,221 | €5,471 | +€4,250 | +348% |
| Other amounts payable | 47/48 | - | €5,626 | +€5,626 | |
| Turnover | 70 | €160,008 | - | -€160,008 | |
| Goods, raw materials, services and sundry goods | 60/61 | €144,417 | - | -€144,417 | |
| Remuneration, social security and pensions | 62 | €9,460 | €20,078 | +€10,618 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,557 | €5,286 | +€3,730 | +240% |
| Other operating charges | 640/8 | €598 | €380 | -€218 | -36.4% |
| Gross operating margin | 9900 | €19,975 | €6,764 | -€13,211 | -66.1% |
| Operating profit (loss) | 9901 | €8,360 | -€18,980 | -€27,341 | |
| Financial income | 75/76B | €166 | - | -€166 | |
| Recurring financial income | 75 | €166 | - | -€166 | |
| Financial charges | 65/66B | €144 | €617 | +€473 | +329% |
| Recurring financial charges | 65 | €144 | €617 | +€473 | +329% |
| Profit (loss) for the period before taxes | 9903 | €8,383 | -€19,597 | -€27,980 | |
| Income taxes | 67/77 | €3,383 | - | -€3,383 | |
| Profit (loss) for the period | 9904 | €5,000 | -€19,597 | -€24,597 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,000 | -€19,597 | -€24,597 |
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 17 October 2026 via checked.be.