DELHEZ HOLDING: what changed
DELHEZ HOLDING
Largest movements
- Receivables within one year -€15,445
down €15,445 (-11.6%), from €133,637 to €118,193
- Contributions -€1.1m
down €1.1m (-99.0%), from €1.1m to €11,450
- Other debts +€1.0m
up €1.0m (+1,183%), from €88,332 to €1.1m
- Profit (loss) carried forward +€49,155
up €49,155 (+60.6%), from €81,161 to €130,316
- Tax, wage and social debts +€26,159
up €26,159 (+2,707%), from €966 to €27,125
of which Taxes: +€18,735
- Staff costs +€41,280
up €41,280 (+862%), from €4,788 to €46,068
- Taxes -€8,580
down €8,580 (-31.7%), from €27,091 to €18,511
- Gross operating margin +€5,673
up €5,673 (+5.2%), from €109,328 to €115,001
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,342,194 | €1,327,510 | -€14,684 | -1.1% |
| Fixed assets | 21/28 | €1,145,000 | €1,145,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,145,000 | €1,145,000 | = | 0.0% |
| Current assets | 29/58 | €197,194 | €182,510 | -€14,684 | -7.4% |
| Amounts receivable within one year | 40/41 | €133,637 | €118,193 | -€15,445 | -11.6% |
| Other amounts receivable | 41 | €133,637 | €118,193 | -€15,445 | -11.6% |
| Cash at bank and in hand | 54/58 | €63,556 | €64,317 | +€761 | +1.2% |
| Total equity and liabilities | 10/49 | €1,342,194 | €1,327,510 | -€14,684 | -1.1% |
| Equity | 10/15 | €1,251,161 | €166,766 | -€1.1m | -86.7% |
| Contributions | 10/11 | €1,145,000 | €11,450 | -€1.1m | -99.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,161 | €130,316 | +€49,155 | +60.6% |
| Amounts payable | 17/49 | €91,033 | €1,160,744 | +€1.1m | +1,175% |
| Amounts payable within one year | 42/48 | €91,033 | €1,160,744 | +€1.1m | +1,175% |
| Trade debts | 44 | €1,735 | €69 | -€1,666 | -96.0% |
| Suppliers | 440/4 | €1,735 | €69 | -€1,666 | -96.0% |
| Taxes, remuneration and social security | 45 | €966 | €27,125 | +€26,159 | +2,707% |
| Taxes | 450/3 | €966 | €19,701 | +€18,735 | +1,939% |
| Remuneration and social security | 454/9 | - | €7,424 | +€7,424 | |
| Other amounts payable | 47/48 | €88,332 | €1,133,550 | +€1.0m | +1,183% |
| Remuneration, social security and pensions | 62 | €4,788 | €46,068 | +€41,280 | +862% |
| Other operating charges | 640/8 | €1,158 | €1,192 | +€34 | +2.9% |
| Gross operating margin | 9900 | €109,328 | €115,001 | +€5,673 | +5.2% |
| Operating profit (loss) | 9901 | €103,382 | €67,741 | -€35,641 | -34.5% |
| Financial charges | 65/66B | €74 | €75 | +€1 | +1.1% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €103,308 | €67,666 | -€35,642 | -34.5% |
| Income taxes | 67/77 | €27,091 | €18,511 | -€8,580 | -31.7% |
| Profit (loss) for the period | 9904 | €76,217 | €49,155 | -€27,062 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €76,217 | €49,155 | -€27,062 | -35.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.