DELI COSA: 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 COSA
Largest movements
- Receivables within one year +€50,566
up €50,566 (+19.0%), from €266,772 to €317,339
of which Other amounts receivable: +€52,570
- Cash -€10,134
no longer reported in 2025 (was €10,134)
mainly Receivables within one year (-€50,566) and Contributions, distributions and other (-€48,000)
- Deferred charges and accrued income -€7,634
down €7,634 (-94.5%), from €8,075 to €441
- Other debts +€48,000
new in 2025: €48,000
- Reserves -€33,003
down €33,003 (-21.5%), from €153,290 to €120,287
- Tax, wage and social debts -€24,428
down €24,428 (-35.6%), from €68,664 to €44,235
- Short-term financial debts +€15,185
up €15,185 (+83.7%), from €18,147 to €33,332
- Current portion of long-term debt +€14,236
up €14,236 (+61.7%), from €23,073 to €37,309
- Gross operating margin -€4,803
down €4,803 (-12.2%), from €39,231 to €34,428
- Financial income +€2,303
up €2,303 (+25.8%), from €8,934 to €11,237
- Other operating charges +€1,681
up €1,681 (+200%), from €840 to €2,521
- Write-downs -€1,548
no longer reported in 2025 (was €1,548)
- Taxes +€1,306
up €1,306 (+16.0%), from €8,179 to €9,485
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 | €316,964 | €346,252 | +€29,289 | +9.2% |
| Fixed assets | 21/28 | €31,630 | €28,472 | -€3,158 | -10.0% |
| Tangible fixed assets | 22/27 | €31,042 | €27,884 | -€3,158 | -10.2% |
| Land and buildings | 22 | €3,385 | €2,539 | -€846 | -25.0% |
| Plant, machinery and equipment | 23 | €21,824 | €15,973 | -€5,851 | -26.8% |
| Furniture and vehicles | 24 | €3,973 | €5,180 | +€1,207 | +30.4% |
| Other tangible fixed assets | 26 | €1,860 | €4,192 | +€2,333 | +125% |
| Financial fixed assets | 28 | €588 | €588 | = | 0.0% |
| Current assets | 29/58 | €285,334 | €317,780 | +€32,446 | +11.4% |
| Stocks and contracts in progress | 3 | €352 | - | -€352 | |
| Stocks | 30/36 | €352 | - | -€352 | |
| Amounts receivable within one year | 40/41 | €266,772 | €317,339 | +€50,566 | +19.0% |
| Trade receivables | 40 | €85,492 | €83,488 | -€2,004 | -2.3% |
| Other amounts receivable | 41 | €181,280 | €233,851 | +€52,570 | +29.0% |
| Cash at bank and in hand | 54/58 | €10,134 | - | -€10,134 | |
| Deferred charges and accrued income | 490/1 | €8,075 | €441 | -€7,634 | -94.5% |
| Total equity and liabilities | 10/49 | €316,964 | €346,252 | +€29,289 | +9.2% |
| Equity | 10/15 | €171,840 | €138,837 | -€33,003 | -19.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €153,290 | €120,287 | -€33,003 | -21.5% |
| Distributable reserves | 133 | €153,290 | €120,287 | -€33,003 | -21.5% |
| Amounts payable | 17/49 | €145,123 | €207,416 | +€62,292 | +42.9% |
| Amounts payable after more than one year | 17 | €29,287 | €25,462 | -€3,825 | -13.1% |
| Financial debts | 170/4 | €29,287 | €25,462 | -€3,825 | -13.1% |
| Amounts payable within one year | 42/48 | €115,836 | €181,954 | +€66,118 | +57.1% |
| Current portion of amounts payable after more than one year | 42 | €23,073 | €37,309 | +€14,236 | +61.7% |
| Financial debts | 43 | €18,147 | €33,332 | +€15,185 | +83.7% |
| Credit institutions | 430/8 | €18,147 | €33,332 | +€15,185 | +83.7% |
| Trade debts | 44 | €5,953 | €19,077 | +€13,124 | +220% |
| Suppliers | 440/4 | €5,953 | €19,077 | +€13,124 | +220% |
| Taxes, remuneration and social security | 45 | €68,664 | €44,235 | -€24,428 | -35.6% |
| Taxes | 450/3 | €68,664 | €44,235 | -€24,428 | -35.6% |
| Other amounts payable | 47/48 | - | €48,000 | +€48,000 | |
| Non-recurring operating income | 76A | €1,384 | - | -€1,384 | |
| Remuneration, social security and pensions | 62 | €115 | - | -€115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,971 | €10,112 | +€141 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,548 | - | -€1,548 | |
| Other operating charges | 640/8 | €840 | €2,521 | +€1,681 | +200% |
| Gross operating margin | 9900 | €39,231 | €34,428 | -€4,803 | -12.2% |
| Operating profit (loss) | 9901 | €26,757 | €21,795 | -€4,962 | -18.5% |
| Financial income | 75/76B | €8,934 | €11,237 | +€2,303 | +25.8% |
| Recurring financial income | 75 | €8,934 | €11,237 | +€2,303 | +25.8% |
| Financial charges | 65/66B | €8,825 | €8,551 | -€274 | -3.1% |
| Recurring financial charges | 65 | €8,825 | €8,551 | -€274 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €26,867 | €24,482 | -€2,385 | -8.9% |
| Income taxes | 67/77 | €8,179 | €9,485 | +€1,306 | +16.0% |
| Profit (loss) for the period | 9904 | €18,688 | €14,997 | -€3,691 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,688 | €14,997 | -€3,691 | -19.8% |
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.