DELI BILZEN: 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.
DELI BILZEN
Largest movements
- Receivables within one year -€68,904
down €68,904 (-29.9%), from €230,299 to €161,395
of which Other amounts receivable: -€67,868
- Tangible fixed assets +€54,345
up €54,345 (+62.1%), from €87,560 to €141,905
of which Other tangible fixed assets: +€49,326
- Cash +€4,110
up €4,110 (+244%), from €1,684 to €5,794
mainly Receivables within one year (+€68,904) and Trade debts (+€45,831)
- Profit (loss) carried forward -€59,653
down €59,653 (-22.9%), from €260,135 to €200,482
- Trade debts +€45,831
up €45,831 (+303%), from €15,121 to €60,952
- Tax, wage and social debts +€5,439
up €5,439 (+35.1%), from €15,479 to €20,918
of which Remuneration and social security: +€5,438
- Gross operating margin -€56,304
down €56,304 (-45.0%), from €125,042 to €68,738
- Depreciation +€3,649
up €3,649 (+16.6%), from €22,008 to €25,657
- Financial income -€2,524
down €2,524 (-37.0%), from €6,828 to €4,304
- Staff costs -€2,378
down €2,378 (-2.2%), from €106,195 to €103,817
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 | €325,420 | €316,029 | -€9,391 | -2.9% |
| Fixed assets | 21/28 | €87,560 | €141,905 | +€54,345 | +62.1% |
| Tangible fixed assets | 22/27 | €87,560 | €141,905 | +€54,345 | +62.1% |
| Plant, machinery and equipment | 23 | €14,045 | €15,859 | +€1,814 | +12.9% |
| Furniture and vehicles | 24 | - | €3,206 | +€3,206 | |
| Other tangible fixed assets | 26 | €73,515 | €122,840 | +€49,326 | +67.1% |
| Current assets | 29/58 | €237,860 | €174,124 | -€63,736 | -26.8% |
| Stocks and contracts in progress | 3 | €5,712 | €6,785 | +€1,073 | +18.8% |
| Stocks | 30/36 | €5,712 | €6,785 | +€1,073 | +18.8% |
| Amounts receivable within one year | 40/41 | €230,299 | €161,395 | -€68,904 | -29.9% |
| Trade receivables | 40 | €1,183 | €147 | -€1,036 | -87.6% |
| Other amounts receivable | 41 | €229,116 | €161,248 | -€67,868 | -29.6% |
| Cash at bank and in hand | 54/58 | €1,684 | €5,794 | +€4,110 | +244% |
| Deferred charges and accrued income | 490/1 | €165 | €150 | -€15 | -9.3% |
| Total equity and liabilities | 10/49 | €325,420 | €316,029 | -€9,391 | -2.9% |
| Equity | 10/15 | €292,805 | €233,152 | -€59,653 | -20.4% |
| Contributions | 10/11 | €29,700 | €29,700 | = | 0.0% |
| Reserves | 13 | €2,970 | €2,970 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,970 | €2,970 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,970 | €2,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | €260,135 | €200,482 | -€59,653 | -22.9% |
| Amounts payable | 17/49 | €32,614 | €82,877 | +€50,263 | +154% |
| Amounts payable within one year | 42/48 | €30,600 | €81,870 | +€51,270 | +168% |
| Trade debts | 44 | €15,121 | €60,952 | +€45,831 | +303% |
| Suppliers | 440/4 | €15,121 | €60,952 | +€45,831 | +303% |
| Taxes, remuneration and social security | 45 | €15,479 | €20,918 | +€5,439 | +35.1% |
| Taxes | 450/3 | €71 | €72 | +€1 | +0.9% |
| Remuneration and social security | 454/9 | €15,408 | €20,846 | +€5,438 | +35.3% |
| Accrued charges and deferred income | 492/3 | €2,014 | €1,007 | -€1,007 | -50.0% |
| Remuneration, social security and pensions | 62 | €106,195 | €103,817 | -€2,378 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,008 | €25,657 | +€3,649 | +16.6% |
| Other operating charges | 640/8 | €1,594 | €2,358 | +€764 | +47.9% |
| Gross operating margin | 9900 | €125,042 | €68,738 | -€56,304 | -45.0% |
| Operating profit (loss) | 9901 | -€4,755 | -€63,094 | -€58,339 | -1,227% |
| Financial income | 75/76B | €6,828 | €4,304 | -€2,524 | -37.0% |
| Recurring financial income | 75 | €6,828 | €4,304 | -€2,524 | -37.0% |
| Financial charges | 65/66B | €689 | €864 | +€175 | +25.3% |
| Recurring financial charges | 65 | €689 | €864 | +€175 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €1,383 | -€59,654 | -€61,037 | |
| Profit (loss) for the period | 9904 | €1,383 | -€59,654 | -€61,037 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,383 | -€59,654 | -€61,037 |
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 26 October 2026 via checked.be.