DELHAYE IMMO: 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.
DELHAYE IMMO
Largest movements
- Cash +€16,637
up €16,637 (+30.3%), from €54,989 to €71,626
mainly Depreciation (+€9,734) and Net result for the year (+€7,469)
- Tangible fixed assets -€8,410
down €8,410 (-10.8%), from €78,133 to €69,722
of which Land and buildings: -€7,836
- Profit (loss) carried forward +€7,469
up €7,469 (+7.1%), from €105,448 to €112,917
- Gross operating margin +€3,998
up €3,998 (+19.2%), from €20,781 to €24,779
- Taxes +€840
up €840 (+49.5%), from €1,697 to €2,538
- Other operating charges +€341
up €341 (+7.5%), from €4,558 to €4,898
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 | €133,121 | €141,348 | +€8,227 | +6.2% |
| Fixed assets | 21/28 | €78,133 | €69,722 | -€8,410 | -10.8% |
| Tangible fixed assets | 22/27 | €78,133 | €69,722 | -€8,410 | -10.8% |
| Land and buildings | 22 | €74,683 | €66,847 | -€7,836 | -10.5% |
| Plant, machinery and equipment | 23 | €3,449 | €2,875 | -€574 | -16.6% |
| Current assets | 29/58 | €54,989 | €71,626 | +€16,637 | +30.3% |
| Cash at bank and in hand | 54/58 | €54,989 | €71,626 | +€16,637 | +30.3% |
| Total equity and liabilities | 10/49 | €133,121 | €141,348 | +€8,227 | +6.2% |
| Equity | 10/15 | €125,908 | €133,377 | +€7,469 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,448 | €112,917 | +€7,469 | +7.1% |
| Amounts payable | 17/49 | €7,214 | €7,971 | +€758 | +10.5% |
| Amounts payable within one year | 42/48 | €7,214 | €7,971 | +€758 | +10.5% |
| Trade debts | 44 | €194 | €70 | -€124 | -64.0% |
| Suppliers | 440/4 | €194 | €70 | -€124 | -64.0% |
| Taxes, remuneration and social security | 45 | €1,680 | €2,502 | +€822 | +48.9% |
| Taxes | 450/3 | €1,680 | €2,502 | +€822 | +48.9% |
| Other amounts payable | 47/48 | €5,340 | €5,400 | +€60 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,735 | €9,734 | -€1 | 0.0% |
| Other operating charges | 640/8 | €4,558 | €4,898 | +€341 | +7.5% |
| Gross operating margin | 9900 | €20,781 | €24,779 | +€3,998 | +19.2% |
| Operating profit (loss) | 9901 | €6,488 | €10,147 | +€3,659 | +56.4% |
| Financial charges | 65/66B | €191 | €140 | -€51 | -26.7% |
| Recurring financial charges | 65 | €191 | €140 | -€51 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €6,297 | €10,007 | +€3,710 | +58.9% |
| Income taxes | 67/77 | €1,697 | €2,538 | +€840 | +49.5% |
| Profit (loss) for the period | 9904 | €4,599 | €7,469 | +€2,870 | +62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,599 | €7,469 | +€2,870 | +62.4% |
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 30 October 2026 via checked.be.