DELIA: 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.
DELIA
Largest movements
- Cash -€50,849
down €50,849 (-20.5%), from €247,747 to €196,898
mainly Investment in fixed assets (net) (-€90,684) and Contributions, distributions and other (-€65,500)
- Tangible fixed assets +€32,156
up €32,156 (+3.1%), from €1.0m to €1.1m
- Receivables within one year +€28,152
up €28,152 (+239.1%), from €11,775 to €39,928
of which Trade receivables: +€17,107
- Other debts +€28,076
up €28,076 (+53.5%), from €52,481 to €80,556
- Current portion of long-term debt -€22,369
down €22,369 (-100.0%), from €22,369 to €0
- Gross operating margin +€23,131
up €23,131 (+11.2%), from €206,814 to €229,945
- Other operating charges +€12,915
up €12,915 (+43.6%), from €29,630 to €42,545
- Financial income +€2,437
up €2,437 (+65.6%), from €3,713 to €6,149
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 | €1,305,816 | €1,303,776 | -€2,040 | -0.2% |
| Fixed assets | 21/28 | €1,031,562 | €1,063,718 | +€32,156 | +3.1% |
| Tangible fixed assets | 22/27 | €1,031,562 | €1,063,718 | +€32,156 | +3.1% |
| Land and buildings | 22 | €1,031,562 | €1,063,718 | +€32,156 | +3.1% |
| Current assets | 29/58 | €274,254 | €240,058 | -€34,195 | -12.5% |
| Amounts receivable within one year | 40/41 | €11,775 | €39,928 | +€28,152 | +239.1% |
| Trade receivables | 40 | - | €17,107 | +€17,107 | |
| Other amounts receivable | 41 | €11,775 | €22,820 | +€11,045 | +93.8% |
| Cash at bank and in hand | 54/58 | €247,747 | €196,898 | -€50,849 | -20.5% |
| Deferred charges and accrued income | 490/1 | €14,731 | €3,232 | -€11,499 | -78.1% |
| Total equity and liabilities | 10/49 | €1,305,816 | €1,303,776 | -€2,040 | -0.2% |
| Equity | 10/15 | €1,201,551 | €1,195,861 | -€5,689 | -0.5% |
| Contributions | 10/11 | €481,500 | €481,500 | = | 0.0% |
| Capital | 10 | €481,500 | €481,500 | = | 0.0% |
| Issued capital | 100 | €481,500 | €481,500 | = | 0.0% |
| Reserves | 13 | €719,950 | €714,260 | -€5,689 | -0.8% |
| Non-distributable reserves | 130/1 | €48,150 | €48,150 | = | 0.0% |
| Legal reserve | 130 | €48,150 | €48,150 | = | 0.0% |
| Distributable reserves | 133 | €671,800 | €666,110 | -€5,689 | -0.8% |
| Profit (loss) carried forward | 14 | €101 | €101 | = | 0.0% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €10,000 | - | -€10,000 | |
| Other liabilities and charges | 164/5 | - | €10,000 | +€10,000 | |
| Amounts payable | 17/49 | €94,265 | €97,915 | +€3,650 | +3.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €94,265 | €97,915 | +€3,650 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €22,369 | €0 | -€22,369 | -100.0% |
| Trade debts | 44 | €19,415 | €17,359 | -€2,057 | -10.6% |
| Suppliers | 440/4 | €19,415 | €17,359 | -€2,057 | -10.6% |
| Other amounts payable | 47/48 | €52,481 | €80,556 | +€28,076 | +53.5% |
| Non-recurring operating income | 76A | €143 | €18,362 | +€18,219 | +12728.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,414 | €58,529 | -€885 | -1.5% |
| Other operating charges | 640/8 | €29,630 | €42,545 | +€12,915 | +43.6% |
| Non-recurring operating charges | 66A | - | €45,318 | +€45,318 | |
| Gross operating margin | 9900 | €206,814 | €229,945 | +€23,131 | +11.2% |
| Operating profit (loss) | 9901 | €117,770 | €83,553 | -€34,216 | -29.1% |
| Financial income | 75/76B | €3,713 | €6,149 | +€2,437 | +65.6% |
| Recurring financial income | 75 | €3,713 | €6,149 | +€2,437 | +65.6% |
| Financial charges | 65/66B | €1,442 | €1,507 | +€65 | +4.5% |
| Recurring financial charges | 65 | €1,442 | €1,507 | +€65 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €120,040 | €88,195 | -€31,844 | -26.5% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €28,795 | €28,385 | -€410 | -1.4% |
| Profit (loss) for the period | 9904 | €91,245 | €59,811 | -€31,434 | -34.5% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €91,245 | €59,811 | -€31,434 | -34.5% |
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 10 October 2026 via checked.be.