DELEVAN: 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.
DELEVAN
Largest movements
- Tangible fixed assets -€9,178
down €9,178 (-7.3%), from €126,534 to €117,356
of which Land and buildings: -€8,530
- Receivables within one year +€8,327
up €8,327 (+10.3%), from €81,157 to €89,484
of which Other amounts receivable: +€9,233
- Deferred charges and accrued income -€2,192
down €2,192 (-62.9%), from €3,485 to €1,293
- Profit (loss) carried forward -€4,330
down €4,330 (-37.2%), from €11,649 to €7,320
- Gross operating margin -€5,279
down €5,279 (-37.1%), from €14,234 to €8,955
- Depreciation -€581
down €581 (-5.9%), from €9,758 to €9,178
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 | €211,190 | €208,143 | -€3,047 | -1.4% |
| Fixed assets | 21/28 | €126,534 | €117,356 | -€9,178 | -7.3% |
| Tangible fixed assets | 22/27 | €126,534 | €117,356 | -€9,178 | -7.3% |
| Land and buildings | 22 | €125,620 | €117,090 | -€8,530 | -6.8% |
| Plant, machinery and equipment | 23 | €914 | €266 | -€648 | -70.9% |
| Current assets | 29/58 | €84,657 | €90,787 | +€6,131 | +7.2% |
| Amounts receivable within one year | 40/41 | €81,157 | €89,484 | +€8,327 | +10.3% |
| Trade receivables | 40 | €906 | - | -€906 | |
| Other amounts receivable | 41 | €80,251 | €89,484 | +€9,233 | +11.5% |
| Cash at bank and in hand | 54/58 | €14 | €10 | -€4 | -30.9% |
| Deferred charges and accrued income | 490/1 | €3,485 | €1,293 | -€2,192 | -62.9% |
| Total equity and liabilities | 10/49 | €211,190 | €208,143 | -€3,047 | -1.4% |
| Equity | 10/15 | €74,803 | €70,473 | -€4,330 | -5.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,653 | €1,653 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,653 | €1,653 | = | 0.0% |
| Legal reserve | 130 | €1,653 | €1,653 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,649 | €7,320 | -€4,330 | -37.2% |
| Amounts payable | 17/49 | €136,387 | €137,670 | +€1,283 | +0.9% |
| Amounts payable within one year | 42/48 | €136,387 | €137,542 | +€1,155 | +0.8% |
| Trade debts | 44 | €3,545 | €2,801 | -€744 | -21.0% |
| Suppliers | 440/4 | €3,545 | €2,801 | -€744 | -21.0% |
| Other amounts payable | 47/48 | €132,843 | €134,741 | +€1,898 | +1.4% |
| Accrued charges and deferred income | 492/3 | - | €128 | +€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,758 | €9,178 | -€581 | -5.9% |
| Other operating charges | 640/8 | €3,916 | €4,012 | +€96 | +2.4% |
| Gross operating margin | 9900 | €14,234 | €8,955 | -€5,279 | -37.1% |
| Operating profit (loss) | 9901 | €560 | -€4,235 | -€4,795 | |
| Financial charges | 65/66B | €87 | €95 | +€8 | +9.4% |
| Recurring financial charges | 65 | €87 | €95 | +€8 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €473 | -€4,330 | -€4,803 | |
| Profit (loss) for the period | 9904 | €473 | -€4,330 | -€4,803 | |
| Profit (loss) for the period to be appropriated | 9905 | €473 | -€4,330 | -€4,803 |
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 15 October 2026 via checked.be.