DELERO: 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.
DELERO
Largest movements
- Current assets -€1,976
down €1,976 (-2.2%), from €90,223 to €88,247
- Debts -€2,041
down €2,041 (-29.6%), from €6,896 to €4,856
of which Debts within one year: -€1,693
- Depreciation -€1,482
no longer reported in 2021 (was €1,482)
- Financial income +€1,155
new in 2021: €1,155
- Other operating charges +€348
new in 2021: €348
- Gross operating margin +€250
up €250 (+30.0%), from -€832 to -€582
- Financial charges +€161
new in 2021: €161
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,223 | €88,247 | -€1,976 | -2.2% |
| Current assets | 29/58 | €90,223 | €88,247 | -€1,976 | -2.2% |
| Amounts receivable after more than one year | 29 | - | €86,081 | +€86,081 | |
| Other amounts receivable | 291 | - | €86,081 | +€86,081 | |
| Amounts receivable within one year | 40/41 | €880 | €966 | +€85 | +9.7% |
| Trade receivables | 40 | - | €521 | +€521 | |
| Other amounts receivable | 41 | - | €445 | +€445 | |
| Cash at bank and in hand | 54/58 | - | €45 | +€45 | |
| Deferred charges and accrued income | 490/1 | - | €1,155 | +€1,155 | |
| Total equity and liabilities | 10/49 | €90,223 | €88,247 | -€1,976 | -2.2% |
| Equity | 10/15 | €83,327 | €83,391 | +€65 | +0.1% |
| Contributions | 10/11 | - | €12,408 | +€12,408 | |
| Reserves | 13 | €48,255 | €48,255 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €46,395 | +€46,395 | |
| Profit (loss) carried forward | 14 | €22,664 | €22,728 | +€65 | +0.3% |
| Amounts payable | 17/49 | €6,896 | €4,856 | -€2,041 | -29.6% |
| Amounts payable within one year | 42/48 | €6,173 | €4,480 | -€1,693 | -27.4% |
| Trade debts | 44 | €3,853 | €3,793 | -€61 | -1.6% |
| Suppliers | 440/4 | - | €3,793 | +€3,793 | |
| Other amounts payable | 47/48 | - | €688 | +€688 | |
| Accrued charges and deferred income | 492/3 | - | €375 | +€375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,482 | - | -€1,482 | |
| Other operating charges | 640/8 | - | €348 | +€348 | |
| Gross operating margin | 9900 | -€832 | -€582 | +€250 | +30.0% |
| Operating profit (loss) | 9901 | -€2,661 | -€929 | +€1,732 | +65.1% |
| Financial income | 75/76B | - | €1,155 | +€1,155 | |
| Recurring financial income | 75 | €1,690 | €1,155 | -€535 | -31.7% |
| Financial charges | 65/66B | - | €161 | +€161 | |
| Recurring financial charges | 65 | €401 | €161 | -€239 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,372 | €65 | +€1,437 | |
| Profit (loss) for the period | 9904 | -€1,372 | €65 | +€1,437 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,372 | €65 | +€1,437 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.