DELGOFFE: 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.
DELGOFFE
Largest movements
- Tangible fixed assets +€64,143
up €64,143 (+382.5%), from €16,769 to €80,912
of which Furniture and vehicles: +€67,343
- Cash +€20,611
up €20,611 (+90.0%), from €22,901 to €43,512
mainly Debts after one year (+€52,921) and Tax, wage and social debts (+€15,305)
- Deferred charges and accrued income +€2,381
new in 2025: €2,381
- Debts after one year +€52,921
new in 2025: €52,921
- Tax, wage and social debts +€15,305
up €15,305 (+218.8%), from €6,995 to €22,300
of which Remuneration and social security: +€11,905
- Current portion of long-term debt +€13,729
up €13,729 (+636.5%), from €2,157 to €15,886
- Profit (loss) carried forward +€2,905
up €2,905 (+36.2%), from €8,031 to €10,936
- Trade debts +€2,515
up €2,515 (+43.0%), from €5,851 to €8,366
- Gross operating margin +€19,835
up €19,835 (+32.6%), from €60,831 to €80,666
- Depreciation +€8,356
up €8,356 (+134.3%), from €6,222 to €14,578
- Staff costs +€1,377
up €1,377 (+2.9%), from €47,583 to €48,960
- Other operating charges +€1,256
up €1,256 (+74.0%), from €1,698 to €2,954
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 | €67,760 | €154,916 | +€87,156 | +128.6% |
| Formation expenses | 20 | €2,263 | €1,715 | -€548 | -24.2% |
| Fixed assets | 21/28 | €16,769 | €80,912 | +€64,143 | +382.5% |
| Tangible fixed assets | 22/27 | €16,769 | €80,912 | +€64,143 | +382.5% |
| Plant, machinery and equipment | 23 | €7,713 | €4,513 | -€3,200 | -41.5% |
| Furniture and vehicles | 24 | €9,056 | €76,399 | +€67,343 | +743.6% |
| Current assets | 29/58 | €48,728 | €72,289 | +€23,561 | +48.4% |
| Stocks and contracts in progress | 3 | €273 | €248 | -€25 | -9.2% |
| Stocks | 30/36 | €273 | €248 | -€25 | -9.2% |
| Amounts receivable within one year | 40/41 | €25,554 | €26,148 | +€594 | +2.3% |
| Trade receivables | 40 | €19,940 | €16,621 | -€3,319 | -16.6% |
| Other amounts receivable | 41 | €5,614 | €9,527 | +€3,913 | +69.7% |
| Cash at bank and in hand | 54/58 | €22,901 | €43,512 | +€20,611 | +90.0% |
| Deferred charges and accrued income | 490/1 | - | €2,381 | +€2,381 | |
| Total equity and liabilities | 10/49 | €67,760 | €154,916 | +€87,156 | +128.6% |
| Equity | 10/15 | €28,482 | €31,387 | +€2,905 | +10.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,031 | €10,936 | +€2,905 | +36.2% |
| Amounts payable | 17/49 | €39,278 | €123,529 | +€84,251 | +214.5% |
| Amounts payable after more than one year | 17 | - | €52,921 | +€52,921 | |
| Financial debts | 170/4 | - | €52,921 | +€52,921 | |
| Amounts payable within one year | 42/48 | €39,278 | €70,608 | +€31,330 | +79.8% |
| Current portion of amounts payable after more than one year | 42 | €2,157 | €15,886 | +€13,729 | +636.5% |
| Trade debts | 44 | €5,851 | €8,366 | +€2,515 | +43.0% |
| Suppliers | 440/4 | €5,851 | €8,366 | +€2,515 | +43.0% |
| Advances received on contracts in progress | 46 | €210 | - | -€210 | |
| Taxes, remuneration and social security | 45 | €6,995 | €22,300 | +€15,305 | +218.8% |
| Taxes | 450/3 | €1,150 | €4,550 | +€3,400 | +295.7% |
| Remuneration and social security | 454/9 | €5,845 | €17,750 | +€11,905 | +203.7% |
| Other amounts payable | 47/48 | €24,065 | €24,056 | -€9 | 0.0% |
| Remuneration, social security and pensions | 62 | €47,583 | €48,960 | +€1,377 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,222 | €14,578 | +€8,356 | +134.3% |
| Other operating charges | 640/8 | €1,698 | €2,954 | +€1,256 | +74.0% |
| Gross operating margin | 9900 | €60,831 | €80,666 | +€19,835 | +32.6% |
| Operating profit (loss) | 9901 | €5,328 | €14,174 | +€8,846 | +166.0% |
| Financial income | 75/76B | €201 | €152 | -€49 | -24.4% |
| Recurring financial income | 75 | €201 | €152 | -€49 | -24.4% |
| Financial charges | 65/66B | €1,546 | €1,816 | +€270 | +17.5% |
| Recurring financial charges | 65 | €1,546 | €1,816 | +€270 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €3,983 | €12,510 | +€8,527 | +214.1% |
| Income taxes | 67/77 | €1,680 | €1,105 | -€575 | -34.2% |
| Profit (loss) for the period | 9904 | €2,303 | €11,405 | +€9,102 | +395.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,303 | €11,405 | +€9,102 | +395.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.