DELIBIO: 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.
DELIBIO
Largest movements
- Receivables within one year +€392,899
up €392,899 (+26.6%), from €1.5m to €1.9m
of which Trade receivables: +€398,287
- Cash -€178,512
down €178,512 (-78.8%), from €226,513 to €48,002
mainly Receivables within one year (-€392,899) and Current portion of long-term debt (-€100,825)
- Tangible fixed assets -€29,622
down €29,622 (-52.7%), from €56,220 to €26,598
- Contributions +€200,000
up €200,000 (+5,461%), from €3,662 to €203,662
- Current portion of long-term debt -€100,825
down €100,825 (-36.6%), from €275,594 to €174,770
- Trade debts +€83,394
up €83,394 (+4.7%), from €1.8m to €1.9m
- Other debts +€25,000
up €25,000 (+71.4%), from €35,000 to €60,000
- Staff costs -€457,570
down €457,570 (-21.3%), from €2.1m to €1.7m
- Gross operating margin -€100,277
down €100,277 (-5.3%), from €1.9m to €1.8m
- Other operating charges -€68,197
down €68,197 (-71.7%), from €95,131 to €26,934
- Write-downs +€51,593
up €51,593, from -€19,149 to €32,444
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 | €2,188,717 | €2,376,093 | +€187,375 | +8.6% |
| Fixed assets | 21/28 | €103,819 | €66,698 | -€37,120 | -35.8% |
| Intangible fixed assets | 21 | €37,090 | €29,592 | -€7,498 | -20.2% |
| Tangible fixed assets | 22/27 | €56,220 | €26,598 | -€29,622 | -52.7% |
| Plant, machinery and equipment | 23 | €24,103 | €17,302 | -€6,801 | -28.2% |
| Furniture and vehicles | 24 | €17,221 | €5,040 | -€12,182 | -70.7% |
| Leasing and similar rights | 25 | €14,896 | €4,256 | -€10,640 | -71.4% |
| Financial fixed assets | 28 | €10,508 | €10,508 | = | 0.0% |
| Current assets | 29/58 | €2,084,898 | €2,309,394 | +€224,496 | +10.8% |
| Stocks and contracts in progress | 3 | €376,631 | €387,386 | +€10,755 | +2.9% |
| Stocks | 30/36 | €376,631 | €387,386 | +€10,755 | +2.9% |
| Amounts receivable within one year | 40/41 | €1,477,794 | €1,870,693 | +€392,899 | +26.6% |
| Trade receivables | 40 | €1,438,220 | €1,836,507 | +€398,287 | +27.7% |
| Other amounts receivable | 41 | €39,574 | €34,186 | -€5,388 | -13.6% |
| Cash at bank and in hand | 54/58 | €226,513 | €48,002 | -€178,512 | -78.8% |
| Deferred charges and accrued income | 490/1 | €3,960 | €3,314 | -€646 | -16.3% |
| Total equity and liabilities | 10/49 | €2,188,717 | €2,376,093 | +€187,375 | +8.6% |
| Equity | 10/15 | -€195,369 | €21,024 | +€216,393 | |
| Contributions | 10/11 | €3,662 | €203,662 | +€200,000 | +5,461% |
| Reserves | 13 | €8,548 | €8,548 | = | 0.0% |
| Non-distributable reserves | 130/1 | €366 | €366 | = | 0.0% |
| Reserves not available under the articles | 1311 | €366 | €366 | = | 0.0% |
| Distributable reserves | 133 | €8,182 | €8,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€207,580 | -€191,186 | +€16,393 | +7.9% |
| Amounts payable | 17/49 | €2,384,086 | €2,355,068 | -€29,018 | -1.2% |
| Amounts payable after more than one year | 17 | €17,875 | €2,203 | -€15,672 | -87.7% |
| Financial debts | 170/4 | €17,875 | €2,203 | -€15,672 | -87.7% |
| Amounts payable within one year | 42/48 | €2,346,008 | €2,347,953 | +€1,945 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €275,594 | €174,770 | -€100,825 | -36.6% |
| Trade debts | 44 | €1,772,136 | €1,855,529 | +€83,394 | +4.7% |
| Suppliers | 440/4 | €1,772,136 | €1,855,529 | +€83,394 | +4.7% |
| Taxes, remuneration and social security | 45 | €263,278 | €257,654 | -€5,623 | -2.1% |
| Taxes | 450/3 | €81,679 | €80,627 | -€1,052 | -1.3% |
| Remuneration and social security | 454/9 | €181,599 | €177,027 | -€4,572 | -2.5% |
| Other amounts payable | 47/48 | €35,000 | €60,000 | +€25,000 | +71.4% |
| Accrued charges and deferred income | 492/3 | €20,204 | €4,913 | -€15,291 | -75.7% |
| Remuneration, social security and pensions | 62 | €2,144,081 | €1,686,511 | -€457,570 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,521 | €39,986 | +€3,465 | +9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€19,149 | €32,444 | +€51,593 | |
| Other operating charges | 640/8 | €95,131 | €26,934 | -€68,197 | -71.7% |
| Gross operating margin | 9900 | €1,900,762 | €1,800,485 | -€100,277 | -5.3% |
| Operating profit (loss) | 9901 | -€355,823 | €14,609 | +€370,432 | |
| Financial income | 75/76B | €26,930 | €17,808 | -€9,122 | -33.9% |
| Recurring financial income | 75 | €26,930 | €17,808 | -€9,122 | -33.9% |
| Financial charges | 65/66B | €12,888 | €15,640 | +€2,752 | +21.4% |
| Recurring financial charges | 65 | €12,888 | €15,640 | +€2,752 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | -€341,781 | €16,777 | +€358,558 | |
| Income taxes | 67/77 | €350 | €384 | +€34 | +9.7% |
| Profit (loss) for the period | 9904 | -€342,131 | €16,393 | +€358,524 | |
| Profit (loss) for the period to be appropriated | 9905 | -€342,131 | €16,393 | +€358,524 |
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 21 October 2026 via checked.be.