DELEU DIRK: 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.
DELEU DIRK
Largest movements
- Stocks and contracts -€50,155
down €50,155 (-34.3%), from €146,059 to €95,905
- Cash -€25,659
down €25,659 (-14.6%), from €175,817 to €150,158
mainly Contributions, distributions and other (-€75,842) and Trade debts (-€43,514)
- Receivables within one year +€4,172
up €4,172 (+20.3%), from €20,558 to €24,730
of which Trade receivables: +€7,182
- Tangible fixed assets -€3,929
down €3,929 (-15.5%), from €25,424 to €21,495
of which Land and buildings: -€3,700
- Contributions -€60,000
down €60,000 (-100%), from €60,000 to €0
- Trade debts -€43,514
down €43,514 (-82.1%), from €52,977 to €9,463
- Other debts +€38,366
up €38,366 (+3,246%), from €1,182 to €39,548
- Reserves -€4,271
down €4,271 (-1.7%), from €245,401 to €241,130
- Tax, wage and social debts -€4,127
down €4,127 (-42.6%), from €9,683 to €5,557
of which Taxes: -€6,527
- Gross operating margin -€65,671
down €65,671 (-72.2%), from €90,899 to €25,228
- Taxes -€16,481
down €16,481 (-73.2%), from €22,501 to €6,020
- Financial income +€1,040
up €1,040 (+183%), from €567 to €1,607
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 | €370,080 | €295,926 | -€74,153 | -20.0% |
| Fixed assets | 21/28 | €26,239 | €22,310 | -€3,929 | -15.0% |
| Tangible fixed assets | 22/27 | €25,424 | €21,495 | -€3,929 | -15.5% |
| Land and buildings | 22 | €20,074 | €16,374 | -€3,700 | -18.4% |
| Plant, machinery and equipment | 23 | €5,350 | €3,688 | -€1,662 | -31.1% |
| Furniture and vehicles | 24 | €0 | €1,432 | +€1,432 | |
| Financial fixed assets | 28 | €815 | €815 | = | 0.0% |
| Current assets | 29/58 | €343,840 | €273,616 | -€70,224 | -20.4% |
| Stocks and contracts in progress | 3 | €146,059 | €95,905 | -€50,155 | -34.3% |
| Stocks | 30/36 | €146,059 | €95,905 | -€50,155 | -34.3% |
| Amounts receivable within one year | 40/41 | €20,558 | €24,730 | +€4,172 | +20.3% |
| Trade receivables | 40 | €6,099 | €13,282 | +€7,182 | +118% |
| Other amounts receivable | 41 | €14,458 | €11,448 | -€3,010 | -20.8% |
| Cash at bank and in hand | 54/58 | €175,817 | €150,158 | -€25,659 | -14.6% |
| Deferred charges and accrued income | 490/1 | €1,406 | €2,824 | +€1,417 | +101% |
| Total equity and liabilities | 10/49 | €370,080 | €295,926 | -€74,153 | -20.0% |
| Equity | 10/15 | €305,401 | €241,130 | -€64,271 | -21.0% |
| Contributions | 10/11 | €60,000 | €0 | -€60,000 | -100% |
| Reserves | 13 | €245,401 | €241,130 | -€4,271 | -1.7% |
| Distributable reserves | 133 | €245,401 | €241,130 | -€4,271 | -1.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,678 | €54,796 | -€9,883 | -15.3% |
| Amounts payable after more than one year | 17 | €178 | €178 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €178 | €178 | = | 0.0% |
| Amounts payable within one year | 42/48 | €64,500 | €54,617 | -€9,883 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €607 | €0 | -€607 | -100% |
| Trade debts | 44 | €52,977 | €9,463 | -€43,514 | -82.1% |
| Suppliers | 440/4 | €52,977 | €9,463 | -€43,514 | -82.1% |
| Advances received on contracts in progress | 46 | €50 | €50 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,683 | €5,557 | -€4,127 | -42.6% |
| Taxes | 450/3 | €9,683 | €3,157 | -€6,527 | -67.4% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €1,182 | €39,548 | +€38,366 | +3,246% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,362 | €5,631 | +€269 | +5.0% |
| Other operating charges | 640/8 | €1,622 | €1,814 | +€192 | +11.9% |
| Non-recurring operating charges | 66A | €2,147 | €0 | -€2,147 | -100% |
| Gross operating margin | 9900 | €90,899 | €25,228 | -€65,671 | -72.2% |
| Operating profit (loss) | 9901 | €81,768 | €17,783 | -€63,985 | -78.3% |
| Financial income | 75/76B | €567 | €1,607 | +€1,040 | +183% |
| Recurring financial income | 75 | €567 | €1,607 | +€1,040 | +183% |
| Financial charges | 65/66B | €1,324 | €1,800 | +€476 | +36.0% |
| Recurring financial charges | 65 | €1,324 | €1,800 | +€476 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | €81,012 | €17,591 | -€63,421 | -78.3% |
| Income taxes | 67/77 | €22,501 | €6,020 | -€16,481 | -73.2% |
| Profit (loss) for the period | 9904 | €58,511 | €11,571 | -€46,940 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,511 | €11,571 | -€46,940 | -80.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.