DELHACHE: 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.
DELHACHE
Largest movements
- Cash +€10,072
up €10,072 (+30.1%), from €33,435 to €43,507
mainly Depreciation (+€9,236) and Net result for the year (+€8,886)
- Tangible fixed assets -€9,236
down €9,236 (-32.3%), from €28,568 to €19,332
- Receivables after one year +€8,643
up €8,643 (+2.2%), from €390,714 to €399,357
- Reserves +€8,886
up €8,886 (+5.5%), from €161,019 to €169,906
- Gross operating margin -€27,720
down €27,720 (-70.1%), from €39,561 to €11,841
- Taxes -€11,194
down €11,194 (-70.6%), from €15,846 to €4,652
- Financial charges -€986
down €986 (-65.4%), from €1,507 to €521
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 | €452,717 | €462,197 | +€9,480 | +2.1% |
| Fixed assets | 21/28 | €28,568 | €19,332 | -€9,236 | -32.3% |
| Tangible fixed assets | 22/27 | €28,568 | €19,332 | -€9,236 | -32.3% |
| Furniture and vehicles | 24 | €28,568 | €19,332 | -€9,236 | -32.3% |
| Current assets | 29/58 | €424,149 | €442,865 | +€18,716 | +4.4% |
| Amounts receivable after more than one year | 29 | €390,714 | €399,357 | +€8,643 | +2.2% |
| Other amounts receivable | 291 | €390,714 | €399,357 | +€8,643 | +2.2% |
| Cash at bank and in hand | 54/58 | €33,435 | €43,507 | +€10,072 | +30.1% |
| Total equity and liabilities | 10/49 | €452,717 | €462,197 | +€9,480 | +2.1% |
| Equity | 10/15 | €440,892 | €449,778 | +€8,886 | +2.0% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Reserves | 13 | €161,019 | €169,906 | +€8,886 | +5.5% |
| Distributable reserves | 133 | €161,019 | €169,906 | +€8,886 | +5.5% |
| Profit (loss) carried forward | 14 | €266,672 | €266,672 | = | 0.0% |
| Amounts payable | 17/49 | €11,826 | €12,419 | +€593 | +5.0% |
| Amounts payable within one year | 42/48 | €11,826 | €12,419 | +€593 | +5.0% |
| Trade debts | 44 | €1,815 | €1,303 | -€513 | -28.2% |
| Suppliers | 440/4 | €1,815 | €1,303 | -€513 | -28.2% |
| Taxes, remuneration and social security | 45 | €10,011 | €11,116 | +€1,106 | +11.0% |
| Taxes | 450/3 | €10,011 | €11,116 | +€1,106 | +11.0% |
| Non-recurring operating income | 76A | €39,216 | - | -€39,216 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,236 | €9,236 | = | 0.0% |
| Other operating charges | 640/8 | €485 | €290 | -€195 | -40.1% |
| Gross operating margin | 9900 | €39,561 | €11,841 | -€27,720 | -70.1% |
| Operating profit (loss) | 9901 | €29,840 | €2,315 | -€27,525 | -92.2% |
| Financial income | 75/76B | €11,352 | €11,745 | +€393 | +3.5% |
| Recurring financial income | 75 | €11,352 | €11,745 | +€393 | +3.5% |
| Financial charges | 65/66B | €1,507 | €521 | -€986 | -65.4% |
| Recurring financial charges | 65 | €1,507 | €521 | -€986 | -65.4% |
| Profit (loss) for the period before taxes | 9903 | €39,686 | €13,539 | -€26,147 | -65.9% |
| Income taxes | 67/77 | €15,846 | €4,652 | -€11,194 | -70.6% |
| Profit (loss) for the period | 9904 | €23,839 | €8,886 | -€14,953 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,839 | €8,886 | -€14,953 | -62.7% |
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 11 October 2026 via checked.be.