Delgeo BV: 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.
Delgeo BV
Largest movements
- Cash -€66,850
down €66,850 (-78.7%), from €84,925 to €18,074
mainly Net result for the year (-€68,928) and Tax, wage and social debts (-€6,449)
- Receivables within one year -€8,421
down €8,421 (-73.3%), from €11,495 to €3,074
of which Trade receivables: -€11,495
- Tangible fixed assets -€4,334
down €4,334 (-29.0%), from €14,965 to €10,631
of which Furniture and vehicles: -€7,419
- Deferred charges and accrued income +€3,114
up €3,114 (+114%), from €2,724 to €5,838
- Profit (loss) carried forward -€68,928
down €68,928, from €32,781 to -€36,147
- Tax, wage and social debts -€6,449
down €6,449 (-46.5%), from €13,874 to €7,426
- Other debts -€4,874
down €4,874 (-32.0%), from €15,246 to €10,372
- Trade debts +€3,506
up €3,506 (+173%), from €2,021 to €5,527
- Gross operating margin -€95,010
down €95,010, from €36,029 to -€58,981
- Taxes -€7,003
down €7,003 (-97.1%), from €7,214 to €211
- Depreciation +€1,517
up €1,517 (+22.1%), from €6,869 to €8,386
- Other operating charges -€648
down €648 (-34.3%), from €1,889 to €1,241
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 | €114,109 | €37,617 | -€76,492 | -67.0% |
| Fixed assets | 21/28 | €14,965 | €10,631 | -€4,334 | -29.0% |
| Tangible fixed assets | 22/27 | €14,965 | €10,631 | -€4,334 | -29.0% |
| Plant, machinery and equipment | 23 | €1,305 | €742 | -€562 | -43.1% |
| Furniture and vehicles | 24 | €13,394 | €5,975 | -€7,419 | -55.4% |
| Other tangible fixed assets | 26 | €266 | €3,913 | +€3,647 | +1,371% |
| Current assets | 29/58 | €99,144 | €26,986 | -€72,158 | -72.8% |
| Amounts receivable within one year | 40/41 | €11,495 | €3,074 | -€8,421 | -73.3% |
| Trade receivables | 40 | €11,495 | €0 | -€11,495 | -100% |
| Other amounts receivable | 41 | - | €3,074 | +€3,074 | |
| Cash at bank and in hand | 54/58 | €84,925 | €18,074 | -€66,850 | -78.7% |
| Deferred charges and accrued income | 490/1 | €2,724 | €5,838 | +€3,114 | +114% |
| Total equity and liabilities | 10/49 | €114,109 | €37,617 | -€76,492 | -67.0% |
| Equity | 10/15 | €82,967 | €14,040 | -€68,928 | -83.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €47,187 | €47,187 | = | 0.0% |
| Distributable reserves | 133 | €47,187 | €47,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,781 | -€36,147 | -€68,928 | |
| Amounts payable | 17/49 | €31,142 | €23,577 | -€7,564 | -24.3% |
| Amounts payable within one year | 42/48 | €31,142 | €23,577 | -€7,564 | -24.3% |
| Financial debts | 43 | - | €252 | +€252 | |
| Credit institutions | 430/8 | - | €252 | +€252 | |
| Trade debts | 44 | €2,021 | €5,527 | +€3,506 | +173% |
| Suppliers | 440/4 | €2,021 | €5,527 | +€3,506 | +173% |
| Taxes, remuneration and social security | 45 | €13,874 | €7,426 | -€6,449 | -46.5% |
| Taxes | 450/3 | €13,874 | €7,426 | -€6,449 | -46.5% |
| Other amounts payable | 47/48 | €15,246 | €10,372 | -€4,874 | -32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,869 | €8,386 | +€1,517 | +22.1% |
| Other operating charges | 640/8 | €1,889 | €1,241 | -€648 | -34.3% |
| Gross operating margin | 9900 | €36,029 | -€58,981 | -€95,010 | |
| Operating profit (loss) | 9901 | €27,271 | -€68,608 | -€95,879 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €253 | €108 | -€144 | -57.1% |
| Recurring financial charges | 65 | €253 | €108 | -€144 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €27,019 | -€68,716 | -€95,735 | |
| Income taxes | 67/77 | €7,214 | €211 | -€7,003 | -97.1% |
| Profit (loss) for the period | 9904 | €19,804 | -€68,928 | -€88,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,804 | -€68,928 | -€88,732 |
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 31 October 2026 via checked.be.