DELEN: 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.
DELEN
Largest movements
- Receivables within one year +€8,628
up €8,628 (+520%), from €1,660 to €10,289
of which Trade receivables: +€6,903
- Cash -€3,055
down €3,055 (-45.6%), from €6,696 to €3,641
mainly Receivables within one year (-€8,628) and Deferred charges and accrued income (-€358)
- Stocks and contracts -€887
down €887 (-50.5%), from €1,756 to €869
- Deferred charges and accrued income +€358
new in 2025: €358
- Tax, wage and social debts +€3,456
up €3,456 (+1,000%), from €346 to €3,802
of which Remuneration and social security: +€2,583
- Profit (loss) carried forward +€1,388
up €1,388 (+15.7%), from -€8,836 to -€7,448
- Trade debts +€200
up €200 (+6,671%), from €3 to €203
- Gross operating margin +€25,765
up €25,765, from -€13,043 to €12,722
- Staff costs +€12,432
up €12,432 (+27,085%), from €46 to €12,478
- Financial income -€11,872
down €11,872 (-84.8%), from €14,000 to €2,128
- Other operating charges +€493
up €493 (+192%), from €256 to €749
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 | €10,113 | €15,157 | +€5,044 | +49.9% |
| Current assets | 29/58 | €10,113 | €15,157 | +€5,044 | +49.9% |
| Stocks and contracts in progress | 3 | €1,756 | €869 | -€887 | -50.5% |
| Stocks | 30/36 | €1,756 | €869 | -€887 | -50.5% |
| Amounts receivable within one year | 40/41 | €1,660 | €10,289 | +€8,628 | +520% |
| Trade receivables | 40 | €1,618 | €8,521 | +€6,903 | +427% |
| Other amounts receivable | 41 | €42 | €1,768 | +€1,726 | +4,067% |
| Cash at bank and in hand | 54/58 | €6,696 | €3,641 | -€3,055 | -45.6% |
| Deferred charges and accrued income | 490/1 | - | €358 | +€358 | |
| Total equity and liabilities | 10/49 | €10,113 | €15,157 | +€5,044 | +49.9% |
| Equity | 10/15 | €9,764 | €11,152 | +€1,388 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,836 | -€7,448 | +€1,388 | +15.7% |
| Amounts payable | 17/49 | €349 | €4,005 | +€3,656 | +1,048% |
| Amounts payable within one year | 42/48 | €349 | €4,005 | +€3,656 | +1,048% |
| Trade debts | 44 | €3 | €203 | +€200 | +6,671% |
| Suppliers | 440/4 | €3 | €203 | +€200 | +6,671% |
| Taxes, remuneration and social security | 45 | €346 | €3,802 | +€3,456 | +1,000% |
| Taxes | 450/3 | - | €873 | +€873 | |
| Remuneration and social security | 454/9 | €346 | €2,929 | +€2,583 | +747% |
| Non-recurring operating income | 76A | €3,320 | - | -€3,320 | |
| Remuneration, social security and pensions | 62 | €46 | €12,478 | +€12,432 | +27,085% |
| Other operating charges | 640/8 | €256 | €749 | +€493 | +192% |
| Gross operating margin | 9900 | -€13,043 | €12,722 | +€25,765 | |
| Operating profit (loss) | 9901 | -€13,345 | -€505 | +€12,840 | +96.2% |
| Financial income | 75/76B | €14,000 | €2,128 | -€11,872 | -84.8% |
| Recurring financial income | 75 | €14,000 | €2,128 | -€11,872 | -84.8% |
| Financial charges | 65/66B | €159 | €235 | +€76 | +48.2% |
| Recurring financial charges | 65 | €159 | €235 | +€76 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | €496 | €1,388 | +€892 | +180% |
| Profit (loss) for the period | 9904 | €496 | €1,388 | +€892 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €496 | €1,388 | +€892 | +180% |
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 14 October 2026 via checked.be.