DELEPINE: 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.
DELEPINE
Largest movements
- Cash -€53,681
down €53,681 (-68.9%), from €77,911 to €24,230
mainly Contributions, distributions and other (-€82,706) and Trade debts (-€77,268)
- Receivables within one year -€48,238
down €48,238 (-36.4%), from €132,458 to €84,219
of which Other amounts receivable: -€64,046
- Tangible fixed assets -€23,190
down €23,190 (-7.6%), from €303,769 to €280,579
of which Furniture and vehicles: -€22,900
- Trade debts -€77,268
down €77,268 (-82.9%), from €93,161 to €15,893
- Reserves -€52,142
down €52,142 (-23.5%), from €221,858 to €169,716
of which Distributable reserves: -€52,142
- Other debts +€18,163
up €18,163 (+27.4%), from €66,406 to €84,569
- Debts after one year -€13,642
down €13,642 (-36.0%), from €37,912 to €24,270
- Gross operating margin -€32,755
down €32,755 (-18.8%), from €174,603 to €141,848
- Staff costs +€32,615
up €32,615 (+125.5%), from €25,995 to €58,609
- Depreciation -€26,643
down €26,643 (-49.6%), from €53,694 to €27,051
- Taxes -€10,891
down €10,891 (-36.2%), from €30,091 to €19,200
- Financial charges +€2,093
up €2,093 (+68.9%), from €3,037 to €5,130
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 | €521,586 | €396,076 | -€125,510 | -24.1% |
| Fixed assets | 21/28 | €310,817 | €287,627 | -€23,190 | -7.5% |
| Tangible fixed assets | 22/27 | €303,769 | €280,579 | -€23,190 | -7.6% |
| Land and buildings | 22 | €206,683 | €206,683 | = | 0.0% |
| Plant, machinery and equipment | 23 | €458 | €169 | -€290 | -63.2% |
| Furniture and vehicles | 24 | €96,627 | €73,727 | -€22,900 | -23.7% |
| Financial fixed assets | 28 | €7,048 | €7,048 | = | 0.0% |
| Current assets | 29/58 | €210,769 | €108,449 | -€102,320 | -48.5% |
| Amounts receivable within one year | 40/41 | €132,458 | €84,219 | -€48,238 | -36.4% |
| Trade receivables | 40 | €44,560 | €60,368 | +€15,807 | +35.5% |
| Other amounts receivable | 41 | €87,897 | €23,852 | -€64,046 | -72.9% |
| Cash at bank and in hand | 54/58 | €77,911 | €24,230 | -€53,681 | -68.9% |
| Deferred charges and accrued income | 490/1 | €400 | - | -€400 | |
| Total equity and liabilities | 10/49 | €521,586 | €396,076 | -€125,510 | -24.1% |
| Equity | 10/15 | €221,858 | €169,716 | -€52,142 | -23.5% |
| Reserves | 13 | €221,858 | €169,716 | -€52,142 | -23.5% |
| Tax-exempt reserves | 132 | €37,890 | €37,890 | = | 0.0% |
| Distributable reserves | 133 | €183,968 | €131,826 | -€52,142 | -28.3% |
| Amounts payable | 17/49 | €299,728 | €226,361 | -€73,368 | -24.5% |
| Amounts payable after more than one year | 17 | €37,912 | €24,270 | -€13,642 | -36.0% |
| Financial debts | 170/4 | €37,912 | €24,270 | -€13,642 | -36.0% |
| Amounts payable within one year | 42/48 | €261,816 | €200,825 | -€60,992 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €71,326 | €71,975 | +€650 | +0.9% |
| Trade debts | 44 | €93,161 | €15,893 | -€77,268 | -82.9% |
| Suppliers | 440/4 | €93,161 | €15,893 | -€77,268 | -82.9% |
| Taxes, remuneration and social security | 45 | €30,924 | €28,387 | -€2,537 | -8.2% |
| Taxes | 450/3 | €27,594 | €16,564 | -€11,031 | -40.0% |
| Remuneration and social security | 454/9 | €3,329 | €11,824 | +€8,494 | +255.1% |
| Other amounts payable | 47/48 | €66,406 | €84,569 | +€18,163 | +27.4% |
| Accrued charges and deferred income | 492/3 | - | €1,266 | +€1,266 | |
| Remuneration, social security and pensions | 62 | €25,995 | €58,609 | +€32,615 | +125.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,694 | €27,051 | -€26,643 | -49.6% |
| Other operating charges | 640/8 | €2,290 | €2,415 | +€125 | +5.5% |
| Gross operating margin | 9900 | €174,603 | €141,848 | -€32,755 | -18.8% |
| Operating profit (loss) | 9901 | €92,625 | €53,774 | -€38,851 | -41.9% |
| Financial income | 75/76B | €3 | €1,121 | +€1,118 | +42685.9% |
| Recurring financial income | 75 | €3 | €1,121 | +€1,118 | +42685.9% |
| Financial charges | 65/66B | €3,037 | €5,130 | +€2,093 | +68.9% |
| Recurring financial charges | 65 | €3,037 | €5,130 | +€2,093 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | €89,591 | €49,765 | -€39,826 | -44.5% |
| Income taxes | 67/77 | €30,091 | €19,200 | -€10,891 | -36.2% |
| Profit (loss) for the period | 9904 | €59,499 | €30,564 | -€28,935 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,499 | €30,564 | -€28,935 | -48.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.