DELECTO: what changed
Two fiscal 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.
DELECTO
Largest movements
- Receivables after one year +€494,000
up €494,000 (+83.7%), from €590,000 to €1.1m
- Current investments +€242,779
up €242,779 (+142.7%), from €170,157 to €412,936
- Cash +€118,110
up €118,110 (+1284.6%), from €9,195 to €127,305
mainly Debts after one year (+€545,000) and Net result for the year (+€297,017)
- Receivables within one year +€33,240
new in 2025: €33,240
- Debts after one year +€545,000
up €545,000 (+726.7%), from €75,000 to €620,000
- Reserves +€297,017
up €297,017 (+48.6%), from €611,435 to €908,451
- Tax, wage and social debts +€47,070
up €47,070 (+188.4%), from €24,988 to €72,058
- Financial income -€323,156
down €323,156 (-61.2%), from €528,167 to €205,012
- Gross operating margin +€41,824
up €41,824 (+22.5%), from €185,891 to €227,715
- Taxes +€25,362
up €25,362 (+93.0%), from €27,277 to €52,640
- Financial charges +€7,089
up €7,089 (+9.5%), from €74,895 to €81,984
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 | €1,777,351 | €2,665,481 | +€888,130 | +50.0% |
| Fixed assets | 21/28 | €1,008,000 | €1,008,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,008,000 | €1,008,000 | = | 0.0% |
| Current assets | 29/58 | €769,351 | €1,657,481 | +€888,130 | +115.4% |
| Amounts receivable after more than one year | 29 | €590,000 | €1,084,000 | +€494,000 | +83.7% |
| Other amounts receivable | 291 | €590,000 | €1,084,000 | +€494,000 | +83.7% |
| Amounts receivable within one year | 40/41 | - | €33,240 | +€33,240 | |
| Other amounts receivable | 41 | - | €33,240 | +€33,240 | |
| Current investments | 50/53 | €170,157 | €412,936 | +€242,779 | +142.7% |
| Cash at bank and in hand | 54/58 | €9,195 | €127,305 | +€118,110 | +1284.6% |
| Total equity and liabilities | 10/49 | €1,777,351 | €2,665,481 | +€888,130 | +50.0% |
| Equity | 10/15 | €673,006 | €970,023 | +€297,017 | +44.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €611,435 | €908,451 | +€297,017 | +48.6% |
| Distributable reserves | 133 | €611,435 | €908,451 | +€297,017 | +48.6% |
| Profit (loss) carried forward | 14 | €61,471 | €61,471 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,002,148 | €999,042 | -€3,106 | -0.3% |
| Provisions for liabilities and charges | 160/5 | €1,002,148 | €999,042 | -€3,106 | -0.3% |
| Other liabilities and charges | 164/5 | €1,002,148 | €999,042 | -€3,106 | -0.3% |
| Amounts payable | 17/49 | €102,197 | €696,416 | +€594,219 | +581.4% |
| Amounts payable after more than one year | 17 | €75,000 | €620,000 | +€545,000 | +726.7% |
| Financial debts | 170/4 | €75,000 | €620,000 | +€545,000 | +726.7% |
| Amounts payable within one year | 42/48 | €27,197 | €76,416 | +€49,219 | +181.0% |
| Trade debts | 44 | €64 | - | -€64 | |
| Suppliers | 440/4 | €64 | - | -€64 | |
| Taxes, remuneration and social security | 45 | €24,988 | €72,058 | +€47,070 | +188.4% |
| Taxes | 450/3 | €24,988 | €72,058 | +€47,070 | +188.4% |
| Other amounts payable | 47/48 | €2,146 | €4,359 | +€2,213 | +103.1% |
| Other operating charges | 640/8 | €451 | €1,086 | +€635 | +140.8% |
| Gross operating margin | 9900 | €185,891 | €227,715 | +€41,824 | +22.5% |
| Operating profit (loss) | 9901 | €185,440 | €226,629 | +€41,189 | +22.2% |
| Financial income | 75/76B | €528,167 | €205,012 | -€323,156 | -61.2% |
| Recurring financial income | 75 | €528,167 | €205,012 | -€323,156 | -61.2% |
| Financial charges | 65/66B | €74,895 | €81,984 | +€7,089 | +9.5% |
| Recurring financial charges | 65 | €74,895 | €81,984 | +€7,089 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €638,712 | €349,656 | -€289,056 | -45.3% |
| Income taxes | 67/77 | €27,277 | €52,640 | +€25,362 | +93.0% |
| Profit (loss) for the period | 9904 | €611,435 | €297,017 | -€314,418 | -51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €611,435 | €297,017 | -€314,418 | -51.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.