DELEN SANHEATING: 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 SANHEATING
Largest movements
- Cash -€27,557
down €27,557 (-55.5%), from €49,631 to €22,075
mainly Contributions, distributions and other (-€84,000) and Other debts (-€15,036)
- Tangible fixed assets -€12,880
down €12,880 (-46.2%), from €27,874 to €14,994
of which Furniture and vehicles: -€11,448
- Receivables within one year +€7,143
up €7,143 (+62.4%), from €11,448 to €18,591
of which Trade receivables: +€9,123
- Other debts -€15,036
down €15,036 (-29.2%), from €51,481 to €36,446
- Tax, wage and social debts -€14,303
down €14,303 (-68.3%), from €20,953 to €6,650
of which Taxes: -€13,624
- Advances received -€6,800
down €6,800 (-100%), from €6,800 to €0
- Profit (loss) carried forward +€4,220
up €4,220 (+21.9%), from €19,243 to €23,463
- Gross operating margin +€79,623
up €79,623 (+154%), from €51,820 to €131,443
- Taxes +€19,851
up €19,851 (+236%), from €8,424 to €28,275
- Depreciation -€4,185
down €4,185 (-24.5%), from €17,065 to €12,880
- Other operating charges +€1,631
up €1,631 (+85.7%), from €1,903 to €3,534
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 | €108,493 | €75,591 | -€32,903 | -30.3% |
| Fixed assets | 21/28 | €27,874 | €14,994 | -€12,880 | -46.2% |
| Tangible fixed assets | 22/27 | €27,874 | €14,994 | -€12,880 | -46.2% |
| Plant, machinery and equipment | 23 | €3,019 | €1,588 | -€1,432 | -47.4% |
| Furniture and vehicles | 24 | €24,855 | €13,407 | -€11,448 | -46.1% |
| Current assets | 29/58 | €80,619 | €60,596 | -€20,023 | -24.8% |
| Stocks and contracts in progress | 3 | €19,540 | €19,931 | +€391 | +2.0% |
| Stocks | 30/36 | €19,540 | €19,931 | +€391 | +2.0% |
| Amounts receivable within one year | 40/41 | €11,448 | €18,591 | +€7,143 | +62.4% |
| Trade receivables | 40 | €908 | €10,031 | +€9,123 | +1,005% |
| Other amounts receivable | 41 | €10,540 | €8,560 | -€1,980 | -18.8% |
| Cash at bank and in hand | 54/58 | €49,631 | €22,075 | -€27,557 | -55.5% |
| Total equity and liabilities | 10/49 | €108,493 | €75,591 | -€32,903 | -30.3% |
| Equity | 10/15 | €25,843 | €30,063 | +€4,220 | +16.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,243 | €23,463 | +€4,220 | +21.9% |
| Amounts payable | 17/49 | €82,650 | €45,528 | -€37,122 | -44.9% |
| Amounts payable within one year | 42/48 | €82,650 | €45,528 | -€37,122 | -44.9% |
| Trade debts | 44 | €3,416 | €2,432 | -€984 | -28.8% |
| Suppliers | 440/4 | €3,416 | €2,432 | -€984 | -28.8% |
| Advances received on contracts in progress | 46 | €6,800 | €0 | -€6,800 | -100% |
| Taxes, remuneration and social security | 45 | €20,953 | €6,650 | -€14,303 | -68.3% |
| Taxes | 450/3 | €20,274 | €6,650 | -€13,624 | -67.2% |
| Remuneration and social security | 454/9 | €679 | €0 | -€679 | -100% |
| Other amounts payable | 47/48 | €51,481 | €36,446 | -€15,036 | -29.2% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,065 | €12,880 | -€4,185 | -24.5% |
| Other operating charges | 640/8 | €1,903 | €3,534 | +€1,631 | +85.7% |
| Gross operating margin | 9900 | €51,820 | €131,443 | +€79,623 | +154% |
| Operating profit (loss) | 9901 | €32,852 | €115,029 | +€82,176 | +250% |
| Financial income | 75/76B | €1,360 | €1,571 | +€211 | +15.5% |
| Recurring financial income | 75 | €1,360 | €1,571 | +€211 | +15.5% |
| Financial charges | 65/66B | €401 | €105 | -€296 | -73.8% |
| Recurring financial charges | 65 | €401 | €105 | -€296 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €33,811 | €116,495 | +€82,684 | +245% |
| Income taxes | 67/77 | €8,424 | €28,275 | +€19,851 | +236% |
| Profit (loss) for the period | 9904 | €25,387 | €88,220 | +€62,833 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €25,387 | €88,220 | +€62,833 | +248% |
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 21 October 2026 via checked.be.