DELI DEURNE PANOS: what changed
DELI DEURNE PANOS
Largest movements
- Tangible fixed assets +€159,066
up €159,066 (+3,498%), from €4,547 to €163,613
of which Other tangible fixed assets: +€152,957
- Stocks and contracts +€11,083
up €11,083 (+402%), from €2,756 to €13,839
- Receivables within one year +€9,945
up €9,945 (+454%), from €2,192 to €12,137
of which Other amounts receivable: +€6,191
- Cash +€8,104
up €8,104 (+33.1%), from €24,484 to €32,588
mainly Trade debts (+€106,386) and Debts after one year (+€64,067)
- Intangible fixed assets -€7,000
down €7,000 (-11.1%), from €63,000 to €56,000
- Trade debts +€106,386
up €106,386 (+622%), from €17,108 to €123,494
- Debts after one year +€64,067
up €64,067 (+122%), from €52,326 to €116,393
- Current portion of long-term debt +€11,032
up €11,032 (+137%), from €8,059 to €19,091
- Gross operating margin +€25,809
up €25,809 (+18.9%), from €136,218 to €162,027
- Staff costs +€23,745
up €23,745 (+19.4%), from €122,646 to €146,391
- Depreciation +€1,949
up €1,949 (+26.0%), from €7,507 to €9,456
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,555 | €278,383 | +€180,828 | +185% |
| Fixed assets | 21/28 | €67,547 | €219,613 | +€152,066 | +225% |
| Intangible fixed assets | 21 | €63,000 | €56,000 | -€7,000 | -11.1% |
| Tangible fixed assets | 22/27 | €4,547 | €163,613 | +€159,066 | +3,498% |
| Plant, machinery and equipment | 23 | €4,547 | €10,656 | +€6,109 | +134% |
| Other tangible fixed assets | 26 | - | €152,957 | +€152,957 | |
| Current assets | 29/58 | €30,008 | €58,770 | +€28,762 | +95.8% |
| Stocks and contracts in progress | 3 | €2,756 | €13,839 | +€11,083 | +402% |
| Stocks | 30/36 | €2,756 | €13,839 | +€11,083 | +402% |
| Amounts receivable within one year | 40/41 | €2,192 | €12,137 | +€9,945 | +454% |
| Trade receivables | 40 | €944 | €4,699 | +€3,754 | +398% |
| Other amounts receivable | 41 | €1,248 | €7,438 | +€6,191 | +496% |
| Cash at bank and in hand | 54/58 | €24,484 | €32,588 | +€8,104 | +33.1% |
| Deferred charges and accrued income | 490/1 | €576 | €206 | -€370 | -64.2% |
| Total equity and liabilities | 10/49 | €97,555 | €278,383 | +€180,828 | +185% |
| Equity | 10/15 | €4,436 | €4,534 | +€98 | +2.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,436 | €1,534 | +€98 | +6.8% |
| Distributable reserves | 133 | €1,436 | €1,534 | +€98 | +6.8% |
| Amounts payable | 17/49 | €93,119 | €273,849 | +€180,731 | +194% |
| Amounts payable after more than one year | 17 | €52,326 | €116,393 | +€64,067 | +122% |
| Financial debts | 170/4 | €52,326 | €116,393 | +€64,067 | +122% |
| Amounts payable within one year | 42/48 | €40,793 | €157,456 | +€116,664 | +286% |
| Current portion of amounts payable after more than one year | 42 | €8,059 | €19,091 | +€11,032 | +137% |
| Trade debts | 44 | €17,108 | €123,494 | +€106,386 | +622% |
| Suppliers | 440/4 | €17,108 | €123,494 | +€106,386 | +622% |
| Taxes, remuneration and social security | 45 | €7,538 | €8,527 | +€989 | +13.1% |
| Taxes | 450/3 | €482 | - | -€482 | |
| Remuneration and social security | 454/9 | €7,056 | €8,527 | +€1,471 | +20.9% |
| Other amounts payable | 47/48 | €8,087 | €6,344 | -€1,744 | -21.6% |
| Remuneration, social security and pensions | 62 | €122,646 | €146,391 | +€23,745 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,507 | €9,456 | +€1,949 | +26.0% |
| Other operating charges | 640/8 | €2,497 | €2,845 | +€348 | +13.9% |
| Gross operating margin | 9900 | €136,218 | €162,027 | +€25,809 | +18.9% |
| Operating profit (loss) | 9901 | €3,568 | €3,334 | -€234 | -6.6% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,650 | €3,237 | +€1,587 | +96.2% |
| Recurring financial charges | 65 | €1,650 | €3,237 | +€1,587 | +96.2% |
| Profit (loss) for the period before taxes | 9903 | €1,919 | €98 | -€1,821 | -94.9% |
| Income taxes | 67/77 | €482 | - | -€482 | |
| Profit (loss) for the period | 9904 | €1,436 | €98 | -€1,339 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,436 | €98 | -€1,339 | -93.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.