Deli Tyres: 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 Tyres
Largest movements
- Receivables within one year +€214,277
up €214,277 (+65.7%), from €326,060 to €540,337
of which Trade receivables: +€225,751
- Cash -€79,704
down €79,704 (-28.5%), from €279,748 to €200,044
mainly Receivables within one year (-€214,277) and Investment in fixed assets (net) (-€80,991)
- Deferred charges and accrued income +€77,924
up €77,924 (+531%), from €14,670 to €92,594
- Stocks and contracts +€64,463
up €64,463 (+4.5%), from €1.4m to €1.5m
- Short-term financial debts +€225,000
up €225,000 (+32.1%), from €700,000 to €925,000
- Other debts +€90,969
up €90,969 (+110%), from €82,908 to €173,877
- Trade debts -€27,373
down €27,373 (-4.3%), from €637,048 to €609,675
- Financial charges +€85,546
up €85,546 (+38.1%), from €224,607 to €310,153
- Staff costs -€41,230
down €41,230 (-10.1%), from €407,894 to €366,664
- Gross operating margin -€16,673
down €16,673 (-2.1%), from €780,782 to €764,109
- Depreciation +€14,369
up €14,369 (+16.5%), from €86,974 to €101,343
- Taxes -€10,290
down €10,290 (-55.1%), from €18,660 to €8,371
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 | €2,452,812 | €2,709,420 | +€256,608 | +10.5% |
| Fixed assets | 21/28 | €405,622 | €385,270 | -€20,352 | -5.0% |
| Intangible fixed assets | 21 | €71,551 | €71,551 | = | 0.0% |
| Tangible fixed assets | 22/27 | €334,071 | €313,719 | -€20,352 | -6.1% |
| Plant, machinery and equipment | 23 | €94,625 | €69,645 | -€24,980 | -26.4% |
| Furniture and vehicles | 24 | €20,296 | €16,965 | -€3,331 | -16.4% |
| Leasing and similar rights | 25 | €98,928 | €106,749 | +€7,821 | +7.9% |
| Other tangible fixed assets | 26 | €120,222 | €120,360 | +€138 | +0.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,047,190 | €2,324,150 | +€276,960 | +13.5% |
| Stocks and contracts in progress | 3 | €1,426,712 | €1,491,175 | +€64,463 | +4.5% |
| Stocks | 30/36 | €1,426,712 | €1,491,175 | +€64,463 | +4.5% |
| Amounts receivable within one year | 40/41 | €326,060 | €540,337 | +€214,277 | +65.7% |
| Trade receivables | 40 | €239,726 | €465,477 | +€225,751 | +94.2% |
| Other amounts receivable | 41 | €86,334 | €74,860 | -€11,474 | -13.3% |
| Cash at bank and in hand | 54/58 | €279,748 | €200,044 | -€79,704 | -28.5% |
| Deferred charges and accrued income | 490/1 | €14,670 | €92,594 | +€77,924 | +531% |
| Total equity and liabilities | 10/49 | €2,452,812 | €2,709,420 | +€256,608 | +10.5% |
| Equity | 10/15 | €521,686 | €533,993 | +€12,307 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €264,119 | €276,426 | +€12,307 | +4.7% |
| Distributable reserves | 133 | €264,119 | €276,426 | +€12,307 | +4.7% |
| Profit (loss) carried forward | 14 | €238,967 | €238,967 | = | 0.0% |
| Amounts payable | 17/49 | €1,931,126 | €2,175,427 | +€244,301 | +12.7% |
| Amounts payable after more than one year | 17 | €272,195 | €254,685 | -€17,510 | -6.4% |
| Financial debts | 170/4 | €272,195 | €254,685 | -€17,510 | -6.4% |
| Amounts payable within one year | 42/48 | €1,650,999 | €1,904,189 | +€253,190 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €93,611 | €80,118 | -€13,494 | -14.4% |
| Financial debts | 43 | €700,000 | €925,000 | +€225,000 | +32.1% |
| Credit institutions | 430/8 | €700,000 | €925,000 | +€225,000 | +32.1% |
| Trade debts | 44 | €637,048 | €609,675 | -€27,373 | -4.3% |
| Suppliers | 440/4 | €637,048 | €609,675 | -€27,373 | -4.3% |
| Taxes, remuneration and social security | 45 | €137,433 | €115,519 | -€21,913 | -15.9% |
| Taxes | 450/3 | €95,158 | €84,517 | -€10,641 | -11.2% |
| Remuneration and social security | 454/9 | €42,274 | €31,003 | -€11,272 | -26.7% |
| Other amounts payable | 47/48 | €82,908 | €173,877 | +€90,969 | +110% |
| Accrued charges and deferred income | 492/3 | €7,932 | €16,553 | +€8,621 | +109% |
| Remuneration, social security and pensions | 62 | €407,894 | €366,664 | -€41,230 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,974 | €101,343 | +€14,369 | +16.5% |
| Other operating charges | 640/8 | €10,344 | €9,151 | -€1,193 | -11.5% |
| Non-recurring operating charges | 66A | €38,466 | €0 | -€38,466 | -100% |
| Gross operating margin | 9900 | €780,782 | €764,109 | -€16,673 | -2.1% |
| Operating profit (loss) | 9901 | €237,104 | €286,951 | +€49,847 | +21.0% |
| Financial income | 75/76B | €35,321 | €43,879 | +€8,559 | +24.2% |
| Recurring financial income | 75 | €35,321 | €43,879 | +€8,559 | +24.2% |
| Financial charges | 65/66B | €224,607 | €310,153 | +€85,546 | +38.1% |
| Recurring financial charges | 65 | €224,607 | €310,153 | +€85,546 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | €47,818 | €20,677 | -€27,140 | -56.8% |
| Income taxes | 67/77 | €18,660 | €8,371 | -€10,290 | -55.1% |
| Profit (loss) for the period | 9904 | €29,157 | €12,307 | -€16,850 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,157 | €12,307 | -€16,850 | -57.8% |
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 15 October 2026 via checked.be.