DELGABARO: 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.
DELGABARO
Largest movements
- Tangible fixed assets -€43,094
down €43,094 (-8.1%), from €534,569 to €491,475
- Debts after one year -€41,896
down €41,896 (-10.6%), from €394,339 to €352,443
- Other debts -€7,808
down €7,808 (-5.9%), from €132,360 to €124,552
- Turnover +€70,188
new in 2025: €70,188
- Purchases and services +€8,811
new in 2025: €8,811
- Gross operating margin -€3,498
down €3,498 (-5.4%), from €64,875 to €61,377
- Financial charges -€807
down €807 (-8.5%), from €9,545 to €8,738
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 | €535,977 | €492,151 | -€43,826 | -8.2% |
| Fixed assets | 21/28 | €534,569 | €491,475 | -€43,094 | -8.1% |
| Tangible fixed assets | 22/27 | €534,569 | €491,475 | -€43,094 | -8.1% |
| Land and buildings | 22 | €534,569 | €491,475 | -€43,094 | -8.1% |
| Current assets | 29/58 | €1,408 | €676 | -€732 | -52.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €1,408 | €676 | -€732 | -52.0% |
| Total equity and liabilities | 10/49 | €535,977 | €492,151 | -€43,826 | -8.2% |
| Equity | 10/15 | -€33,491 | -€29,547 | +€3,944 | +11.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,491 | -€36,547 | +€3,944 | +9.7% |
| Amounts payable | 17/49 | €569,468 | €521,697 | -€47,770 | -8.4% |
| Amounts payable after more than one year | 17 | €394,339 | €352,443 | -€41,896 | -10.6% |
| Financial debts | 170/4 | €394,339 | €352,443 | -€41,896 | -10.6% |
| Amounts payable within one year | 42/48 | €175,058 | €169,178 | -€5,880 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €41,912 | €41,896 | -€15 | 0.0% |
| Trade debts | 44 | €787 | €2,730 | +€1,943 | +247% |
| Suppliers | 440/4 | €787 | €2,730 | +€1,943 | +247% |
| Other amounts payable | 47/48 | €132,360 | €124,552 | -€7,808 | -5.9% |
| Accrued charges and deferred income | 492/3 | €70 | €76 | +€6 | +8.4% |
| Turnover | 70 | - | €70,188 | +€70,188 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €8,811 | +€8,811 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,093 | €43,094 | +€1 | 0.0% |
| Other operating charges | 640/8 | €5,464 | €5,601 | +€136 | +2.5% |
| Gross operating margin | 9900 | €64,875 | €61,377 | -€3,498 | -5.4% |
| Operating profit (loss) | 9901 | €16,318 | €12,682 | -€3,636 | -22.3% |
| Financial charges | 65/66B | €9,545 | €8,738 | -€807 | -8.5% |
| Recurring financial charges | 65 | €9,545 | €8,738 | -€807 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €6,773 | €3,944 | -€2,829 | -41.8% |
| Profit (loss) for the period | 9904 | €6,773 | €3,944 | -€2,829 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,773 | €3,944 | -€2,829 | -41.8% |
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 17 October 2026 via checked.be.