DELEYE MENEN: what changed
DELEYE MENEN
Largest movements
- Current investments +€20,732
up €20,732 (+10.2%), from €203,736 to €224,468
- Cash +€9,774
up €9,774 (+9.7%), from €100,500 to €110,274
mainly Other debts (+€137,601) and Net result for the year (+€54,092)
- Receivables within one year +€7,729
up €7,729 (+117%), from €6,634 to €14,363
of which Trade receivables: +€7,674
- Other debts +€137,601
up €137,601 (+16,019%), from €859 to €138,460
- Reserves -€84,367
down €84,367 (-28.8%), from €292,720 to €208,352
- Trade debts -€12,157
down €12,157 (-47.7%), from €25,475 to €13,317
- Gross operating margin +€7,178
up €7,178 (+6.5%), from €110,198 to €117,376
- Staff costs +€5,649
up €5,649 (+17.5%), from €32,218 to €37,867
- Financial charges +€4,517
up €4,517, from -€4,037 to €480
- Financial income -€2,496
down €2,496 (-46.3%), from €5,386 to €2,890
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 | €336,182 | €376,144 | +€39,962 | +11.9% |
| Fixed assets | 21/28 | €1,570 | €1,174 | -€396 | -25.2% |
| Tangible fixed assets | 22/27 | €970 | €574 | -€396 | -40.8% |
| Plant, machinery and equipment | 23 | €970 | €574 | -€396 | -40.8% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €334,612 | €374,970 | +€40,358 | +12.1% |
| Amounts receivable within one year | 40/41 | €6,634 | €14,363 | +€7,729 | +117% |
| Trade receivables | 40 | €6,625 | €14,299 | +€7,674 | +116% |
| Other amounts receivable | 41 | €10 | €64 | +€55 | +569% |
| Current investments | 50/53 | €203,736 | €224,468 | +€20,732 | +10.2% |
| Cash at bank and in hand | 54/58 | €100,500 | €110,274 | +€9,774 | +9.7% |
| Deferred charges and accrued income | 490/1 | €23,742 | €25,865 | +€2,124 | +8.9% |
| Total equity and liabilities | 10/49 | €336,182 | €376,144 | +€39,962 | +11.9% |
| Equity | 10/15 | €298,920 | €214,552 | -€84,367 | -28.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €292,720 | €208,352 | -€84,367 | -28.8% |
| Distributable reserves | 133 | €292,720 | €208,352 | -€84,367 | -28.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,263 | €161,592 | +€124,329 | +334% |
| Amounts payable within one year | 42/48 | €37,263 | €161,592 | +€124,329 | +334% |
| Trade debts | 44 | €25,475 | €13,317 | -€12,157 | -47.7% |
| Suppliers | 440/4 | €25,475 | €13,317 | -€12,157 | -47.7% |
| Advances received on contracts in progress | 46 | €180 | €1,003 | +€824 | +458% |
| Taxes, remuneration and social security | 45 | €10,749 | €8,811 | -€1,938 | -18.0% |
| Taxes | 450/3 | €4,115 | €471 | -€3,644 | -88.5% |
| Remuneration and social security | 454/9 | €6,634 | €8,340 | +€1,706 | +25.7% |
| Other amounts payable | 47/48 | €859 | €138,460 | +€137,601 | +16,019% |
| Remuneration, social security and pensions | 62 | €32,218 | €37,867 | +€5,649 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254 | €396 | +€142 | +55.9% |
| Other operating charges | 640/8 | €1,163 | €1,195 | +€32 | +2.8% |
| Gross operating margin | 9900 | €110,198 | €117,376 | +€7,178 | +6.5% |
| Operating profit (loss) | 9901 | €76,562 | €77,917 | +€1,355 | +1.8% |
| Financial income | 75/76B | €5,386 | €2,890 | -€2,496 | -46.3% |
| Recurring financial income | 75 | €5,386 | €2,890 | -€2,496 | -46.3% |
| Financial charges | 65/66B | -€4,037 | €480 | +€4,517 | |
| Recurring financial charges | 65 | -€4,037 | €480 | +€4,517 | |
| Profit (loss) for the period before taxes | 9903 | €85,985 | €80,327 | -€5,659 | -6.6% |
| Income taxes | 67/77 | €26,664 | €26,234 | -€430 | -1.6% |
| Profit (loss) for the period | 9904 | €59,321 | €54,092 | -€5,229 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,321 | €54,092 | -€5,229 | -8.8% |
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 3 November 2026 via checked.be.