Delecluyse: 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.
Delecluyse
Largest movements
- Tangible fixed assets +€44,213
up €44,213 (+83.2%), from €53,125 to €97,338
of which Furniture and vehicles: +€43,168
- Cash +€32,227
up €32,227 (+18.0%), from €178,639 to €210,866
mainly Other debts (+€57,815) and Net result for the year (+€51,351)
- Other debts +€57,815
up €57,815 (+667%), from €8,666 to €66,481
- Debts after one year +€39,863
up €39,863 (+5,247%), from €760 to €40,622
- Reserves -€15,130
down €15,130 (-9.0%), from €168,255 to €153,125
of which Distributable reserves: -€15,130
- Tax, wage and social debts -€10,754
down €10,754 (-42.6%), from €25,253 to €14,499
of which Taxes: -€13,004
- Current portion of long-term debt +€8,018
up €8,018 (+89.1%), from €8,998 to €17,016
- Gross operating margin +€21,275
up €21,275 (+30.4%), from €69,905 to €91,180
- Depreciation +€8,094
up €8,094 (+57.5%), from €14,088 to €22,181
- Taxes +€4,250
up €4,250 (+31.3%), from €13,576 to €17,826
- Financial income +€2,212
up €2,212 (+73.7%), from €3,001 to €5,213
- Financial charges +€2,190
up €2,190 (+257%), from €852 to €3,042
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 | €308,618 | €387,217 | +€78,599 | +25.5% |
| Fixed assets | 21/28 | €53,125 | €97,338 | +€44,213 | +83.2% |
| Tangible fixed assets | 22/27 | €53,125 | €97,338 | +€44,213 | +83.2% |
| Plant, machinery and equipment | 23 | - | €1,285 | +€1,285 | |
| Furniture and vehicles | 24 | €50,917 | €94,085 | +€43,168 | +84.8% |
| Other tangible fixed assets | 26 | €2,208 | €1,968 | -€240 | -10.9% |
| Current assets | 29/58 | €255,493 | €289,878 | +€34,386 | +13.5% |
| Amounts receivable within one year | 40/41 | €74,801 | €75,320 | +€519 | +0.7% |
| Trade receivables | 40 | €18,245 | €17,786 | -€460 | -2.5% |
| Other amounts receivable | 41 | €56,556 | €57,534 | +€978 | +1.7% |
| Cash at bank and in hand | 54/58 | €178,639 | €210,866 | +€32,227 | +18.0% |
| Deferred charges and accrued income | 490/1 | €2,052 | €3,693 | +€1,640 | +79.9% |
| Total equity and liabilities | 10/49 | €308,618 | €387,217 | +€78,599 | +25.5% |
| Equity | 10/15 | €188,255 | €173,125 | -€15,130 | -8.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €168,255 | €153,125 | -€15,130 | -9.0% |
| Tax-exempt reserves | 132 | €54,394 | €54,394 | = | 0.0% |
| Distributable reserves | 133 | €113,861 | €98,731 | -€15,130 | -13.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €71,388 | €71,388 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €71,388 | €71,388 | = | 0.0% |
| Pensions and similar obligations | 160 | €71,388 | €71,388 | = | 0.0% |
| Amounts payable | 17/49 | €48,975 | €142,704 | +€93,729 | +191% |
| Amounts payable after more than one year | 17 | €760 | €40,622 | +€39,863 | +5,247% |
| Financial debts | 170/4 | €760 | €40,622 | +€39,863 | +5,247% |
| Amounts payable within one year | 42/48 | €48,215 | €102,081 | +€53,866 | +112% |
| Current portion of amounts payable after more than one year | 42 | €8,998 | €17,016 | +€8,018 | +89.1% |
| Trade debts | 44 | €5,298 | €4,086 | -€1,213 | -22.9% |
| Suppliers | 440/4 | €5,298 | €4,086 | -€1,213 | -22.9% |
| Taxes, remuneration and social security | 45 | €25,253 | €14,499 | -€10,754 | -42.6% |
| Taxes | 450/3 | €25,253 | €12,249 | -€13,004 | -51.5% |
| Remuneration and social security | 454/9 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €8,666 | €66,481 | +€57,815 | +667% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,088 | €22,181 | +€8,094 | +57.5% |
| Other operating charges | 640/8 | €1,131 | €1,245 | +€113 | +10.0% |
| Non-recurring operating charges | 66A | - | €748 | +€748 | |
| Gross operating margin | 9900 | €69,905 | €91,180 | +€21,275 | +30.4% |
| Operating profit (loss) | 9901 | €54,685 | €67,006 | +€12,321 | +22.5% |
| Financial income | 75/76B | €3,001 | €5,213 | +€2,212 | +73.7% |
| Recurring financial income | 75 | €3,001 | €5,213 | +€2,212 | +73.7% |
| Financial charges | 65/66B | €852 | €3,042 | +€2,190 | +257% |
| Recurring financial charges | 65 | €852 | €3,042 | +€2,190 | +257% |
| Profit (loss) for the period before taxes | 9903 | €56,834 | €69,177 | +€12,343 | +21.7% |
| Income taxes | 67/77 | €13,576 | €17,826 | +€4,250 | +31.3% |
| Profit (loss) for the period | 9904 | €43,258 | €51,351 | +€8,093 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,258 | €51,351 | +€8,093 | +18.7% |
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 24 October 2026 via checked.be.