DELI-EXPRESS: 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-EXPRESS
Largest movements
- Receivables within one year +€37,290
up €37,290 (+154.6%), from €24,126 to €61,417
of which Trade receivables: +€32,919
- Cash -€36,871
down €36,871 (-66.5%), from €55,473 to €18,602
mainly Receivables within one year (-€37,290) and Investment in fixed assets (net) (-€34,447)
- Tangible fixed assets +€20,680
up €20,680 (+100.4%), from €20,605 to €41,285
of which Furniture and vehicles: +€20,516
- Debts after one year +€15,977
up €15,977 (+56.8%), from €28,113 to €44,090
- Current portion of long-term debt +€6,546
up €6,546 (+139.7%), from €4,684 to €11,230
- Tax, wage and social debts -€5,852
down €5,852 (-85.9%), from €6,812 to €961
of which Taxes: -€5,942
- Trade debts +€4,317
up €4,317 (+41.6%), from €10,380 to €14,697
- Reserves +€1,500
up €1,500 (+4.6%), from €32,500 to €34,000
- Gross operating margin -€9,247
down €9,247 (-29.8%), from €31,027 to €21,781
- Depreciation +€5,326
up €5,326 (+63.1%), from €8,441 to €13,767
- Taxes -€4,724
down €4,724 (-95.7%), from €4,939 to €215
- Financial charges +€2,058
up €2,058 (+63.7%), from €3,233 to €5,291
- Write-downs -€1,276
down €1,276 (-100.0%), from €1,276 to €0
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.
Cash bridge derived
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 | €103,985 | €125,084 | +€21,099 | +20.3% |
| Fixed assets | 21/28 | €24,385 | €45,065 | +€20,680 | +84.8% |
| Tangible fixed assets | 22/27 | €20,605 | €41,285 | +€20,680 | +100.4% |
| Plant, machinery and equipment | 23 | €2,503 | €3,859 | +€1,355 | +54.1% |
| Furniture and vehicles | 24 | €13,298 | €33,814 | +€20,516 | +154.3% |
| Other tangible fixed assets | 26 | €4,803 | €3,612 | -€1,191 | -24.8% |
| Financial fixed assets | 28 | €3,780 | €3,780 | = | 0.0% |
| Current assets | 29/58 | €79,600 | €80,019 | +€419 | +0.5% |
| Amounts receivable within one year | 40/41 | €24,126 | €61,417 | +€37,290 | +154.6% |
| Trade receivables | 40 | €23,858 | €56,777 | +€32,919 | +138.0% |
| Other amounts receivable | 41 | €268 | €4,640 | +€4,372 | +1631.2% |
| Cash at bank and in hand | 54/58 | €55,473 | €18,602 | -€36,871 | -66.5% |
| Total equity and liabilities | 10/49 | €103,985 | €125,084 | +€21,099 | +20.3% |
| Equity | 10/15 | €51,511 | €52,880 | +€1,369 | +2.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €32,500 | €34,000 | +€1,500 | +4.6% |
| Distributable reserves | 133 | €32,500 | €34,000 | +€1,500 | +4.6% |
| Profit (loss) carried forward | 14 | €419 | €288 | -€131 | -31.2% |
| Amounts payable | 17/49 | €52,474 | €72,204 | +€19,730 | +37.6% |
| Amounts payable after more than one year | 17 | €28,113 | €44,090 | +€15,977 | +56.8% |
| Financial debts | 170/4 | €28,113 | €44,090 | +€15,977 | +56.8% |
| Amounts payable within one year | 42/48 | €24,361 | €28,114 | +€3,753 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €4,684 | €11,230 | +€6,546 | +139.7% |
| Trade debts | 44 | €10,380 | €14,697 | +€4,317 | +41.6% |
| Suppliers | 440/4 | €10,380 | €14,697 | +€4,317 | +41.6% |
| Taxes, remuneration and social security | 45 | €6,812 | €961 | -€5,852 | -85.9% |
| Taxes | 450/3 | €6,812 | €870 | -€5,942 | -87.2% |
| Remuneration and social security | 454/9 | - | €90 | +€90 | |
| Other amounts payable | 47/48 | €2,485 | €1,226 | -€1,259 | -50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,441 | €13,767 | +€5,326 | +63.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,276 | €0 | -€1,276 | -100.0% |
| Other operating charges | 640/8 | €1,280 | €1,239 | -€40 | -3.1% |
| Gross operating margin | 9900 | €31,027 | €21,781 | -€9,247 | -29.8% |
| Operating profit (loss) | 9901 | €20,031 | €6,774 | -€13,256 | -66.2% |
| Financial income | 75/76B | €183 | €100 | -€83 | -45.3% |
| Recurring financial income | 75 | €183 | €100 | -€83 | -45.3% |
| Financial charges | 65/66B | €3,233 | €5,291 | +€2,058 | +63.7% |
| Recurring financial charges | 65 | €3,233 | €5,291 | +€2,058 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | €16,981 | €1,584 | -€15,397 | -90.7% |
| Income taxes | 67/77 | €4,939 | €215 | -€4,724 | -95.7% |
| Profit (loss) for the period | 9904 | €12,043 | €1,369 | -€10,673 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,043 | €1,369 | -€10,673 | -88.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.