Delerio: what changed
Delerio
Largest movements
- Receivables within one year -€41,329
down €41,329 (-44.9%), from €92,116 to €50,787
of which Trade receivables: -€66,128
- Cash +€11,184
up €11,184 (+436%), from €2,566 to €13,751
mainly Receivables within one year (+€41,329) and Net result for the year (+€20,465)
- Tangible fixed assets +€7,917
up €7,917 (+25.5%), from €31,011 to €38,928
of which Plant, machinery and equipment: +€5,212
- Deferred charges and accrued income -€2,881
down €2,881 (-89.4%), from €3,224 to €343
- Tax, wage and social debts -€21,876
down €21,876 (-37.8%), from €57,911 to €36,035
- Trade debts -€16,698
down €16,698 (-48.2%), from €34,674 to €17,976
- Reserves +€13,465
up €13,465 (+16.7%), from €80,731 to €94,197
- Taxes +€7,680
up €7,680 (+55.7%), from €13,791 to €21,471
- Financial charges +€3,816
up €3,816 (+272%), from €1,403 to €5,219
- Other operating charges +€1,768
up €1,768 (+170%), from €1,043 to €2,811
- Financial income -€1,179
down €1,179 (-55.6%), from €2,119 to €940
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,317 | €149,208 | -€25,109 | -14.4% |
| Fixed assets | 21/28 | €76,411 | €84,328 | +€7,917 | +10.4% |
| Tangible fixed assets | 22/27 | €31,011 | €38,928 | +€7,917 | +25.5% |
| Land and buildings | 22 | €5,840 | €5,840 | = | 0.0% |
| Plant, machinery and equipment | 23 | €23,221 | €28,433 | +€5,212 | +22.4% |
| Furniture and vehicles | 24 | €1,950 | €3,167 | +€1,217 | +62.4% |
| Other tangible fixed assets | 26 | - | €1,488 | +€1,488 | |
| Financial fixed assets | 28 | €45,400 | €45,400 | = | 0.0% |
| Current assets | 29/58 | €97,906 | €64,880 | -€33,026 | -33.7% |
| Amounts receivable within one year | 40/41 | €92,116 | €50,787 | -€41,329 | -44.9% |
| Trade receivables | 40 | €76,962 | €10,833 | -€66,128 | -85.9% |
| Other amounts receivable | 41 | €15,155 | €39,954 | +€24,799 | +164% |
| Cash at bank and in hand | 54/58 | €2,566 | €13,751 | +€11,184 | +436% |
| Deferred charges and accrued income | 490/1 | €3,224 | €343 | -€2,881 | -89.4% |
| Total equity and liabilities | 10/49 | €174,317 | €149,208 | -€25,109 | -14.4% |
| Equity | 10/15 | €81,731 | €95,197 | +€13,465 | +16.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €80,731 | €94,197 | +€13,465 | +16.7% |
| Distributable reserves | 133 | €80,731 | €94,197 | +€13,465 | +16.7% |
| Amounts payable | 17/49 | €92,585 | €54,011 | -€38,574 | -41.7% |
| Amounts payable within one year | 42/48 | €92,585 | €54,011 | -€38,574 | -41.7% |
| Trade debts | 44 | €34,674 | €17,976 | -€16,698 | -48.2% |
| Suppliers | 440/4 | €34,674 | €17,976 | -€16,698 | -48.2% |
| Taxes, remuneration and social security | 45 | €57,911 | €36,035 | -€21,876 | -37.8% |
| Taxes | 450/3 | €57,911 | €36,035 | -€21,876 | -37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,967 | €2,262 | +€295 | +15.0% |
| Other operating charges | 640/8 | €1,043 | €2,811 | +€1,768 | +170% |
| Non-recurring operating charges | 66A | - | €1,667 | +€1,667 | |
| Gross operating margin | 9900 | €52,711 | €52,956 | +€245 | +0.5% |
| Operating profit (loss) | 9901 | €49,701 | €46,216 | -€3,485 | -7.0% |
| Financial income | 75/76B | €2,119 | €940 | -€1,179 | -55.6% |
| Recurring financial income | 75 | €2,119 | €940 | -€1,179 | -55.6% |
| Financial charges | 65/66B | €1,403 | €5,219 | +€3,816 | +272% |
| Recurring financial charges | 65 | €1,403 | €5,219 | +€3,816 | +272% |
| Profit (loss) for the period before taxes | 9903 | €50,418 | €41,936 | -€8,481 | -16.8% |
| Income taxes | 67/77 | €13,791 | €21,471 | +€7,680 | +55.7% |
| Profit (loss) for the period | 9904 | €36,627 | €20,465 | -€16,161 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,627 | €20,465 | -€16,161 | -44.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.