DELHAISE JB: 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.
DELHAISE JB
Largest movements
- Receivables within one year +€24,127
up €24,127 (+195%), from €12,375 to €36,502
of which Other amounts receivable: +€12,748
- Cash -€17,585
down €17,585 (-6.4%), from €276,752 to €259,168
mainly Debts after one year (-€54,454) and Investment in fixed assets (net) (-€43,900)
- Tangible fixed assets -€17,196
down €17,196 (-2.1%), from €813,993 to €796,797
of which Land and buildings: -€39,055
- Debts after one year -€54,454
down €54,454 (-11.9%), from €459,404 to €404,950
of which Financial debts: -€54,454
- Other debts +€25,130
up €25,130 (+18.8%), from €133,991 to €159,121
- Reserves +€24,760
up €24,760 (+7.3%), from €337,172 to €361,931
of which Distributable reserves: +€25,810
- Gross operating margin -€17,026
down €17,026 (-9.6%), from €177,163 to €160,137
- Taxes -€9,314
down €9,314 (-31.9%), from €29,219 to €19,905
- Other operating charges +€8,028
up €8,028 (+159%), from €5,053 to €13,081
- Depreciation +€2,793
up €2,793 (+4.8%), from €58,303 to €61,096
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 | €1,103,822 | €1,094,127 | -€9,695 | -0.9% |
| Fixed assets | 21/28 | €813,993 | €796,797 | -€17,196 | -2.1% |
| Tangible fixed assets | 22/27 | €813,993 | €796,797 | -€17,196 | -2.1% |
| Land and buildings | 22 | €768,969 | €729,914 | -€39,055 | -5.1% |
| Furniture and vehicles | 24 | €45,024 | €66,883 | +€21,859 | +48.6% |
| Current assets | 29/58 | €289,830 | €297,331 | +€7,501 | +2.6% |
| Amounts receivable within one year | 40/41 | €12,375 | €36,502 | +€24,127 | +195% |
| Trade receivables | 40 | €8,674 | €20,054 | +€11,380 | +131% |
| Other amounts receivable | 41 | €3,700 | €16,448 | +€12,748 | +345% |
| Cash at bank and in hand | 54/58 | €276,752 | €259,168 | -€17,585 | -6.4% |
| Deferred charges and accrued income | 490/1 | €703 | €1,661 | +€958 | +136% |
| Total equity and liabilities | 10/49 | €1,103,822 | €1,094,127 | -€9,695 | -0.9% |
| Equity | 10/15 | €442,172 | €466,931 | +€24,760 | +5.6% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €337,172 | €361,931 | +€24,760 | +7.3% |
| Non-distributable reserves | 130/1 | €2,510 | €2,510 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,510 | €2,510 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,642 | €591 | -€1,051 | -64.0% |
| Distributable reserves | 133 | €333,020 | €358,830 | +€25,810 | +7.8% |
| Provisions and deferred taxes | 16 | €705 | €264 | -€441 | -62.6% |
| Deferred taxes | 168 | €705 | €264 | -€441 | -62.6% |
| Amounts payable | 17/49 | €660,945 | €626,932 | -€34,013 | -5.1% |
| Amounts payable after more than one year | 17 | €459,404 | €404,950 | -€54,454 | -11.9% |
| Financial debts | 170/4 | €456,404 | €401,950 | -€54,454 | -11.9% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €201,541 | €221,982 | +€20,441 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €54,862 | €54,454 | -€408 | -0.7% |
| Trade debts | 44 | €474 | €2,211 | +€1,738 | +367% |
| Suppliers | 440/4 | €474 | €2,211 | +€1,738 | +367% |
| Taxes, remuneration and social security | 45 | €12,215 | €6,196 | -€6,019 | -49.3% |
| Taxes | 450/3 | €12,215 | €6,196 | -€6,019 | -49.3% |
| Other amounts payable | 47/48 | €133,991 | €159,121 | +€25,130 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,303 | €61,096 | +€2,793 | +4.8% |
| Other operating charges | 640/8 | €5,053 | €13,081 | +€8,028 | +159% |
| Gross operating margin | 9900 | €177,163 | €160,137 | -€17,026 | -9.6% |
| Operating profit (loss) | 9901 | €113,806 | €85,960 | -€27,846 | -24.5% |
| Financial income | 75/76B | €2,510 | €2,174 | -€335 | -13.4% |
| Recurring financial income | 75 | €2,510 | €2,174 | -€335 | -13.4% |
| Financial charges | 65/66B | €17,650 | €15,911 | -€1,739 | -9.9% |
| Recurring financial charges | 65 | €17,650 | €15,911 | -€1,739 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €98,665 | €72,223 | -€26,442 | -26.8% |
| Transfer from deferred taxes | 780 | €453 | €441 | -€11 | -2.5% |
| Income taxes | 67/77 | €29,219 | €19,905 | -€9,314 | -31.9% |
| Profit (loss) for the period | 9904 | €69,899 | €52,760 | -€17,139 | -24.5% |
| Transfer from tax-exempt reserves | 789 | €1,077 | €1,051 | -€27 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,976 | €53,810 | -€17,166 | -24.2% |
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 1 November 2026 via checked.be.