DELFIMA: 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.
DELFIMA
Largest movements
- Tangible fixed assets +€1.7m
up €1.7m (+384.8%), from €438,544 to €2.1m
of which Land and buildings: +€1.6m
- Cash -€772,984
down €772,984 (-63.3%), from €1.2m to €447,458
mainly Investment in fixed assets (net) (-€1.8m) and Receivables within one year (-€431,068)
- Receivables within one year +€431,068
up €431,068 (+1109.6%), from €38,850 to €469,918
of which Trade receivables: +€423,497
- Current investments -€261,973
down €261,973 (-72.4%), from €361,973 to €100,000
- Profit (loss) carried forward +€543,409
up €543,409 (+27.5%), from €2.0m to €2.5m
- Trade debts +€543,038
up €543,038 (+21625.8%), from €2,511 to €545,549
- Financial income +€805,373
up €805,373 (+1072.1%), from €75,120 to €880,493
- Financial charges +€214,795
up €214,795 (+7609.5%), from €2,823 to €217,617
of which Financial charges: +€204,795
- Depreciation +€62,163
up €62,163 (+283.2%), from €21,953 to €84,116
- Gross operating margin -€22,976
down €22,976 (-563.7%), from -€4,076 to -€27,051
- Other operating charges +€7,873
up €7,873 (+8073.6%), from €98 to €7,971
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 | €2,077,067 | €3,157,491 | +€1.1m | +52.0% |
| Fixed assets | 21/28 | €455,650 | €2,129,071 | +€1.7m | +367.3% |
| Intangible fixed assets | 21 | €2,866 | €1,848 | -€1,018 | -35.5% |
| Tangible fixed assets | 22/27 | €438,544 | €2,126,223 | +€1.7m | +384.8% |
| Land and buildings | 22 | €364,355 | €1,920,543 | +€1.6m | +427.1% |
| Plant, machinery and equipment | 23 | €30,815 | €155,962 | +€125,147 | +406.1% |
| Furniture and vehicles | 24 | €43,374 | €49,718 | +€6,343 | +14.6% |
| Financial fixed assets | 28 | €14,241 | €1,000 | -€13,241 | -93.0% |
| Current assets | 29/58 | €1,621,417 | €1,028,420 | -€592,997 | -36.6% |
| Stocks and contracts in progress | 3 | - | €10,175 | +€10,175 | |
| Stocks | 30/36 | - | €10,175 | +€10,175 | |
| Amounts receivable within one year | 40/41 | €38,850 | €469,918 | +€431,068 | +1109.6% |
| Trade receivables | 40 | €27,670 | €451,167 | +€423,497 | +1530.5% |
| Other amounts receivable | 41 | €11,180 | €18,751 | +€7,571 | +67.7% |
| Current investments | 50/53 | €361,973 | €100,000 | -€261,973 | -72.4% |
| Cash at bank and in hand | 54/58 | €1,220,442 | €447,458 | -€772,984 | -63.3% |
| Deferred charges and accrued income | 490/1 | €152 | €869 | +€718 | +473.3% |
| Total equity and liabilities | 10/49 | €2,077,067 | €3,157,491 | +€1.1m | +52.0% |
| Equity | 10/15 | €2,066,058 | €2,609,467 | +€543,409 | +26.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €70,786 | €70,786 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70,786 | €70,786 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70,786 | €70,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,976,722 | €2,520,130 | +€543,409 | +27.5% |
| Amounts payable | 17/49 | €11,009 | €548,024 | +€537,015 | +4877.9% |
| Amounts payable within one year | 42/48 | €11,009 | €548,024 | +€537,015 | +4877.9% |
| Trade debts | 44 | €2,511 | €545,549 | +€543,038 | +21625.8% |
| Suppliers | 440/4 | €2,511 | €545,549 | +€543,038 | +21625.8% |
| Taxes, remuneration and social security | 45 | €2,312 | €2,476 | +€164 | +7.1% |
| Taxes | 450/3 | €2,312 | €2,476 | +€164 | +7.1% |
| Other amounts payable | 47/48 | €6,186 | €0 | -€6,186 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,953 | €84,116 | +€62,163 | +283.2% |
| Other operating charges | 640/8 | €98 | €7,971 | +€7,873 | +8073.6% |
| Gross operating margin | 9900 | -€4,076 | -€27,051 | -€22,976 | -563.7% |
| Operating profit (loss) | 9901 | -€26,126 | -€119,139 | -€93,012 | -356.0% |
| Financial income | 75/76B | €75,120 | €880,493 | +€805,373 | +1072.1% |
| Recurring financial income | 75 | €75,120 | €880,493 | +€805,373 | +1072.1% |
| Financial charges | 65/66B | €2,823 | €217,617 | +€214,795 | +7609.5% |
| Recurring financial charges | 65 | €2,823 | €207,617 | +€204,795 | +7255.2% |
| Non-recurring financial charges | 66B | - | €10,000 | +€10,000 | |
| Profit (loss) for the period before taxes | 9903 | €46,171 | €543,737 | +€497,566 | +1077.7% |
| Income taxes | 67/77 | €165 | €329 | +€164 | +99.5% |
| Profit (loss) for the period | 9904 | €46,006 | €543,409 | +€497,402 | +1081.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,006 | €543,409 | +€497,402 | +1081.2% |
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 7 October 2026 via checked.be.