DELFLOR: 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.
DELFLOR
Largest movements
- Tangible fixed assets -€145,606
down €145,606 (-10.2%), from €1.4m to €1.3m
of which Plant, machinery and equipment: -€102,101
- Financial fixed assets +€110,476
up €110,476 (+4,017%), from €2,750 to €113,226
- Stocks and contracts -€99,068
down €99,068 (-13.4%), from €738,187 to €639,119
- Cash -€53,098
down €53,098 (-15.1%), from €352,242 to €299,145
mainly Trade debts (-€931,664) and Investment in fixed assets (net) (-€212,893)
- Receivables within one year +€31,393
up €31,393 (+54.4%), from €57,716 to €89,109
of which Other amounts receivable: +€36,245
- Trade debts -€931,664
down €931,664 (-81.5%), from €1.1m to €211,206
- Debts after one year +€800,094
up €800,094 (+151%), from €528,565 to €1.3m
of which Trade debts: +€890,000
- Accrued charges and deferred income -€203,788
down €203,788 (-49.1%), from €414,763 to €210,976
- Short-term financial debts +€100,000
up €100,000 (+100%), from €100,000 to €200,000
- Tax, wage and social debts +€68,798
up €68,798 (+75.1%), from €91,601 to €160,399
of which Remuneration and social security: +€48,149
- Gross operating margin +€277,568
up €277,568 (+25.2%), from €1.1m to €1.4m
- Staff costs +€238,343
up €238,343 (+28.8%), from €827,427 to €1.1m
- Depreciation +€63,960
up €63,960 (+34.7%), from €184,063 to €248,024
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 | €2,603,296 | €2,452,715 | -€150,581 | -5.8% |
| Fixed assets | 21/28 | €1,429,908 | €1,394,778 | -€35,130 | -2.5% |
| Tangible fixed assets | 22/27 | €1,427,158 | €1,281,552 | -€145,606 | -10.2% |
| Plant, machinery and equipment | 23 | €368,844 | €266,743 | -€102,101 | -27.7% |
| Furniture and vehicles | 24 | €7,422 | €9,813 | +€2,391 | +32.2% |
| Other tangible fixed assets | 26 | €1,050,892 | €1,004,996 | -€45,896 | -4.4% |
| Financial fixed assets | 28 | €2,750 | €113,226 | +€110,476 | +4,017% |
| Current assets | 29/58 | €1,173,388 | €1,057,938 | -€115,450 | -9.8% |
| Stocks and contracts in progress | 3 | €738,187 | €639,119 | -€99,068 | -13.4% |
| Stocks | 30/36 | €738,187 | €639,119 | -€99,068 | -13.4% |
| Amounts receivable within one year | 40/41 | €57,716 | €89,109 | +€31,393 | +54.4% |
| Trade receivables | 40 | €6,399 | €1,547 | -€4,852 | -75.8% |
| Other amounts receivable | 41 | €51,317 | €87,562 | +€36,245 | +70.6% |
| Cash at bank and in hand | 54/58 | €352,242 | €299,145 | -€53,098 | -15.1% |
| Deferred charges and accrued income | 490/1 | €25,243 | €30,565 | +€5,322 | +21.1% |
| Total equity and liabilities | 10/49 | €2,603,296 | €2,452,715 | -€150,581 | -5.8% |
| Equity | 10/15 | €239,533 | €251,570 | +€12,037 | +5.0% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€185,467 | -€173,430 | +€12,037 | +6.5% |
| Amounts payable | 17/49 | €2,363,764 | €2,201,145 | -€162,618 | -6.9% |
| Amounts payable after more than one year | 17 | €528,565 | €1,328,660 | +€800,094 | +151% |
| Financial debts | 170/4 | €528,565 | €438,660 | -€89,906 | -17.0% |
| Trade debts | 175 | - | €890,000 | +€890,000 | |
| Amounts payable within one year | 42/48 | €1,420,435 | €661,510 | -€758,925 | -53.4% |
| Current portion of amounts payable after more than one year | 42 | €85,965 | €89,906 | +€3,941 | +4.6% |
| Financial debts | 43 | €100,000 | €200,000 | +€100,000 | +100% |
| Credit institutions | 430/8 | €100,000 | €200,000 | +€100,000 | +100% |
| Trade debts | 44 | €1,142,870 | €211,206 | -€931,664 | -81.5% |
| Suppliers | 440/4 | €1,142,870 | €211,206 | -€931,664 | -81.5% |
| Taxes, remuneration and social security | 45 | €91,601 | €160,399 | +€68,798 | +75.1% |
| Taxes | 450/3 | €675 | €21,324 | +€20,649 | +3,060% |
| Remuneration and social security | 454/9 | €90,926 | €139,075 | +€48,149 | +53.0% |
| Accrued charges and deferred income | 492/3 | €414,763 | €210,976 | -€203,788 | -49.1% |
| Remuneration, social security and pensions | 62 | €827,427 | €1,065,771 | +€238,343 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,063 | €248,024 | +€63,960 | +34.7% |
| Other operating charges | 640/8 | €14,641 | €4,679 | -€9,962 | -68.0% |
| Gross operating margin | 9900 | €1,100,069 | €1,377,637 | +€277,568 | +25.2% |
| Operating profit (loss) | 9901 | €73,937 | €59,164 | -€14,773 | -20.0% |
| Financial income | 75/76B | €2,396 | €2,682 | +€286 | +11.9% |
| Recurring financial income | 75 | €2,396 | €2,682 | +€286 | +11.9% |
| Financial charges | 65/66B | €43,012 | €49,808 | +€6,796 | +15.8% |
| Recurring financial charges | 65 | €43,012 | €49,808 | +€6,796 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €33,321 | €12,037 | -€21,283 | -63.9% |
| Profit (loss) for the period | 9904 | €33,321 | €12,037 | -€21,283 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,321 | €12,037 | -€21,283 | -63.9% |
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.