DelGest: 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.
DelGest
Largest movements
- Receivables after one year +€34,162
up €34,162 (+64.2%), from €53,247 to €87,409
- Tangible fixed assets -€13,670
down €13,670 (-14.7%), from €92,766 to €79,096
of which Furniture and vehicles: -€12,878
- Cash -€2,588
down €2,588 (-9.3%), from €27,943 to €25,355
mainly Receivables after one year (-€34,162) and Contributions, distributions and other (-€29,412)
- Profit (loss) carried forward +€22,593
up €22,593 (+32.3%), from €70,010 to €92,603
- Other debts +€12,939
up €12,939 (+61.4%), from €21,059 to €33,998
- Current portion of long-term debt -€12,729
down €12,729 (-70.1%), from €18,161 to €5,431
- Debts after one year -€5,431
down €5,431 (-13.4%), from €40,599 to €35,167
- Gross operating margin +€46,458
up €46,458 (+99.3%), from €46,801 to €93,259
- Taxes +€8,183
up €8,183 (+125.0%), from €6,544 to €14,728
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.
Cash bridge derived
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 | €177,105 | €193,816 | +€16,712 | +9.4% |
| Fixed assets | 21/28 | €92,766 | €79,096 | -€13,670 | -14.7% |
| Tangible fixed assets | 22/27 | €92,766 | €79,096 | -€13,670 | -14.7% |
| Land and buildings | 22 | €75,840 | €75,840 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,107 | €1,315 | -€792 | -37.6% |
| Furniture and vehicles | 24 | €14,819 | €1,941 | -€12,878 | -86.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €84,339 | €114,721 | +€30,382 | +36.0% |
| Amounts receivable after more than one year | 29 | €53,247 | €87,409 | +€34,162 | +64.2% |
| Other amounts receivable | 291 | €53,247 | €87,409 | +€34,162 | +64.2% |
| Amounts receivable within one year | 40/41 | €0 | €190 | +€190 | |
| Trade receivables | 40 | €0 | €190 | +€190 | |
| Cash at bank and in hand | 54/58 | €27,943 | €25,355 | -€2,588 | -9.3% |
| Deferred charges and accrued income | 490/1 | €3,149 | €1,766 | -€1,383 | -43.9% |
| Total equity and liabilities | 10/49 | €177,105 | €193,816 | +€16,712 | +9.4% |
| Equity | 10/15 | €75,010 | €97,603 | +€22,593 | +30.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,010 | €92,603 | +€22,593 | +32.3% |
| Amounts payable | 17/49 | €102,095 | €96,213 | -€5,882 | -5.8% |
| Amounts payable after more than one year | 17 | €40,599 | €35,167 | -€5,431 | -13.4% |
| Financial debts | 170/4 | €40,599 | €35,167 | -€5,431 | -13.4% |
| Amounts payable within one year | 42/48 | €61,370 | €61,046 | -€324 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €18,161 | €5,431 | -€12,729 | -70.1% |
| Trade debts | 44 | €2,900 | €1,177 | -€1,722 | -59.4% |
| Suppliers | 440/4 | €2,900 | €1,177 | -€1,722 | -59.4% |
| Taxes, remuneration and social security | 45 | €19,251 | €20,439 | +€1,188 | +6.2% |
| Taxes | 450/3 | €19,251 | €20,439 | +€1,188 | +6.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,059 | €33,998 | +€12,939 | +61.4% |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,216 | €15,315 | -€900 | -5.6% |
| Other operating charges | 640/8 | €772 | €956 | +€184 | +23.8% |
| Non-recurring operating charges | 66A | - | €10,008 | +€10,008 | |
| Gross operating margin | 9900 | €46,801 | €93,259 | +€46,458 | +99.3% |
| Operating profit (loss) | 9901 | €29,813 | €66,980 | +€37,167 | +124.7% |
| Financial income | 75/76B | €1,099 | €1,822 | +€722 | +65.7% |
| Recurring financial income | 75 | €1,099 | €1,822 | +€722 | +65.7% |
| Financial charges | 65/66B | €2,832 | €2,069 | -€763 | -26.9% |
| Recurring financial charges | 65 | €2,832 | €2,069 | -€763 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €28,080 | €66,733 | +€38,652 | +137.6% |
| Income taxes | 67/77 | €6,544 | €14,728 | +€8,183 | +125.0% |
| Profit (loss) for the period | 9904 | €21,536 | €52,005 | +€30,469 | +141.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,536 | €52,005 | +€30,469 | +141.5% |
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 10 October 2026 via checked.be.