DELEVIN: 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.
DELEVIN
Largest movements
- Tangible fixed assets -€24,431
down €24,431 (-17.1%), from €143,001 to €118,569
of which Furniture and vehicles: -€25,258
- Receivables within one year +€15,484
up €15,484 (+49.0%), from €31,569 to €47,054
of which Trade receivables: +€17,557
- Stocks and contracts -€6,615
down €6,615 (-24.4%), from €27,130 to €20,515
- Cash +€5,716
up €5,716 (+18.3%), from €31,250 to €36,966
mainly Depreciation (+€50,719) and Net result for the year (+€10,334)
- Debts after one year -€14,033
down €14,033 (-31.5%), from €44,499 to €30,466
- Trade debts -€10,641
down €10,641 (-51.2%), from €20,800 to €10,159
- Reserves +€10,000
up €10,000 (+10.2%), from €97,808 to €107,808
- Other debts +€6,721
up €6,721 (+174.1%), from €3,862 to €10,583
- Current portion of long-term debt -€4,239
down €4,239 (-23.2%), from €18,272 to €14,033
- Depreciation +€18,930
up €18,930 (+59.5%), from €31,790 to €50,719
- Gross operating margin +€16,331
up €16,331 (+8.7%), from €187,793 to €204,125
- Staff costs -€3,132
down €3,132 (-2.3%), from €133,968 to €130,836
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,244 | €226,698 | -€10,546 | -4.4% |
| Fixed assets | 21/28 | €143,001 | €118,569 | -€24,431 | -17.1% |
| Tangible fixed assets | 22/27 | €143,001 | €118,569 | -€24,431 | -17.1% |
| Plant, machinery and equipment | 23 | €27,236 | €21,789 | -€5,447 | -20.0% |
| Furniture and vehicles | 24 | €89,883 | €64,624 | -€25,258 | -28.1% |
| Other tangible fixed assets | 26 | €25,882 | €32,156 | +€6,274 | +24.2% |
| Current assets | 29/58 | €94,243 | €108,128 | +€13,885 | +14.7% |
| Stocks and contracts in progress | 3 | €27,130 | €20,515 | -€6,615 | -24.4% |
| Stocks | 30/36 | €27,130 | €20,515 | -€6,615 | -24.4% |
| Amounts receivable within one year | 40/41 | €31,569 | €47,054 | +€15,484 | +49.0% |
| Trade receivables | 40 | €6,995 | €24,552 | +€17,557 | +251.0% |
| Other amounts receivable | 41 | €24,574 | €22,501 | -€2,073 | -8.4% |
| Cash at bank and in hand | 54/58 | €31,250 | €36,966 | +€5,716 | +18.3% |
| Deferred charges and accrued income | 490/1 | €4,294 | €3,594 | -€700 | -16.3% |
| Total equity and liabilities | 10/49 | €237,244 | €226,698 | -€10,546 | -4.4% |
| Equity | 10/15 | €116,408 | €126,741 | +€10,334 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,808 | €107,808 | +€10,000 | +10.2% |
| Distributable reserves | 133 | €97,808 | €107,808 | +€10,000 | +10.2% |
| Profit (loss) carried forward | 14 | - | €334 | +€334 | |
| Amounts payable | 17/49 | €120,836 | €99,956 | -€20,880 | -17.3% |
| Amounts payable after more than one year | 17 | €44,499 | €30,466 | -€14,033 | -31.5% |
| Financial debts | 170/4 | €44,499 | €30,466 | -€14,033 | -31.5% |
| Amounts payable within one year | 42/48 | €74,865 | €67,393 | -€7,472 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €18,272 | €14,033 | -€4,239 | -23.2% |
| Trade debts | 44 | €20,800 | €10,159 | -€10,641 | -51.2% |
| Suppliers | 440/4 | €20,800 | €10,159 | -€10,641 | -51.2% |
| Taxes, remuneration and social security | 45 | €31,931 | €32,618 | +€687 | +2.2% |
| Taxes | 450/3 | €16,469 | €17,255 | +€786 | +4.8% |
| Remuneration and social security | 454/9 | €15,462 | €15,363 | -€99 | -0.6% |
| Other amounts payable | 47/48 | €3,862 | €10,583 | +€6,721 | +174.1% |
| Accrued charges and deferred income | 492/3 | €1,473 | €2,098 | +€625 | +42.4% |
| Remuneration, social security and pensions | 62 | €133,968 | €130,836 | -€3,132 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,790 | €50,719 | +€18,930 | +59.5% |
| Other operating charges | 640/8 | €5,485 | €4,060 | -€1,425 | -26.0% |
| Gross operating margin | 9900 | €187,793 | €204,125 | +€16,331 | +8.7% |
| Operating profit (loss) | 9901 | €16,551 | €18,509 | +€1,959 | +11.8% |
| Financial income | 75/76B | €71 | €97 | +€27 | +37.7% |
| Recurring financial income | 75 | €71 | €97 | +€27 | +37.7% |
| Financial charges | 65/66B | €1,989 | €2,043 | +€54 | +2.7% |
| Recurring financial charges | 65 | €1,989 | €2,043 | +€54 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €14,633 | €16,564 | +€1,931 | +13.2% |
| Income taxes | 67/77 | €4,696 | €6,230 | +€1,535 | +32.7% |
| Profit (loss) for the period | 9904 | €9,937 | €10,334 | +€397 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,937 | €10,334 | +€397 | +4.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.