DELEN: 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.
DELEN
Largest movements
- Receivables after one year +€20,000
new in 2025: €20,000
- Cash -€10,144
down €10,144 (-51.7%), from €19,613 to €9,469
mainly Receivables after one year (-€20,000) and Receivables within one year (-€4,439)
- Tangible fixed assets -€7,826
down €7,826 (-28.4%), from €27,538 to €19,713
of which Furniture and vehicles: -€9,469
- Receivables within one year +€4,439
up €4,439 (+42.0%), from €10,564 to €15,003
of which Trade receivables: +€5,402
- Trade debts +€3,616
up €3,616 (+365.3%), from €990 to €4,605
- Tax, wage and social debts +€1,596
up €1,596 (+8.8%), from €18,101 to €19,697
of which Remuneration and social security: +€1,610
- Profit (loss) carried forward +€1,258
up €1,258 (+5.8%), from €21,624 to €22,882
- Gross operating margin +€15,661
up €15,661, from -€3,241 to €12,420
- Taxes -€788
down €788 (-52.9%), from €1,488 to €700
- Depreciation -€453
down €453 (-4.6%), from €9,951 to €9,497
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 | €57,715 | €64,184 | +€6,469 | +11.2% |
| Fixed assets | 21/28 | €27,538 | €19,713 | -€7,826 | -28.4% |
| Tangible fixed assets | 22/27 | €27,538 | €19,713 | -€7,826 | -28.4% |
| Plant, machinery and equipment | 23 | - | €1,670 | +€1,670 | |
| Furniture and vehicles | 24 | €27,322 | €17,854 | -€9,469 | -34.7% |
| Other tangible fixed assets | 26 | €216 | €189 | -€27 | -12.5% |
| Current assets | 29/58 | €30,177 | €44,472 | +€14,295 | +47.4% |
| Amounts receivable after more than one year | 29 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 291 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €10,564 | €15,003 | +€4,439 | +42.0% |
| Trade receivables | 40 | €9,601 | €15,003 | +€5,402 | +56.3% |
| Other amounts receivable | 41 | €963 | - | -€963 | |
| Cash at bank and in hand | 54/58 | €19,613 | €9,469 | -€10,144 | -51.7% |
| Total equity and liabilities | 10/49 | €57,715 | €64,184 | +€6,469 | +11.2% |
| Equity | 10/15 | €38,624 | €39,882 | +€1,258 | +3.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,624 | €22,882 | +€1,258 | +5.8% |
| Amounts payable | 17/49 | €19,091 | €24,303 | +€5,211 | +27.3% |
| Amounts payable within one year | 42/48 | €19,091 | €24,303 | +€5,211 | +27.3% |
| Trade debts | 44 | €990 | €4,605 | +€3,616 | +365.3% |
| Suppliers | 440/4 | €990 | €4,605 | +€3,616 | +365.3% |
| Taxes, remuneration and social security | 45 | €18,101 | €19,697 | +€1,596 | +8.8% |
| Taxes | 450/3 | €17,461 | €17,447 | -€14 | -0.1% |
| Remuneration and social security | 454/9 | €640 | €2,250 | +€1,610 | +251.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,951 | €9,497 | -€453 | -4.6% |
| Other operating charges | 640/8 | €310 | €426 | +€116 | +37.5% |
| Gross operating margin | 9900 | -€3,241 | €12,420 | +€15,661 | |
| Operating profit (loss) | 9901 | -€13,502 | €2,496 | +€15,998 | |
| Financial charges | 65/66B | €629 | €538 | -€91 | -14.4% |
| Recurring financial charges | 65 | €629 | €538 | -€91 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,131 | €1,958 | +€16,089 | |
| Income taxes | 67/77 | €1,488 | €700 | -€788 | -52.9% |
| Profit (loss) for the period | 9904 | -€15,618 | €1,258 | +€16,876 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,618 | €1,258 | +€16,876 |
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 8 October 2026 via checked.be.