DELICAKE: what changed
Two fiscal 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.
DELICAKE
Largest movements
- Tangible fixed assets +€3,383
up €3,383 (+271.6%), from €1,245 to €4,628
of which Plant, machinery and equipment: +€3,400
- Receivables within one year -€1,694
down €1,694 (-33.7%), from €5,021 to €3,327
of which Trade receivables: -€1,140
- Cash -€689
down €689 (-98.6%), from €699 to €10
mainly Other debts (-€18,446) and Investment in fixed assets (net) (-€4,481)
- Deferred charges and accrued income -€503
down €503 (-41.7%), from €1,207 to €704
- Profit (loss) carried forward +€22,359
up €22,359 (+45.7%), from -€48,954 to -€26,596
- Other debts -€18,446
down €18,446 (-58.1%), from €31,773 to €13,327
- Trade debts -€3,005
down €3,005 (-82.1%), from €3,661 to €656
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Tax, wage and social debts +€1,449
up €1,449 (+117.6%), from €1,232 to €2,681
- Gross operating margin +€3,858
up €3,858 (+20.4%), from €18,906 to €22,764
- Depreciation +€722
up €722 (+191.3%), from €377 to €1,099
- Staff costs -€398
no longer reported in 2025 (was €398)
- Financial charges -€279
down €279 (-84.8%), from €329 to €50
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 | €8,172 | €8,669 | +€496 | +6.1% |
| Fixed assets | 21/28 | €1,245 | €4,628 | +€3,383 | +271.6% |
| Tangible fixed assets | 22/27 | €1,245 | €4,628 | +€3,383 | +271.6% |
| Plant, machinery and equipment | 23 | - | €3,400 | +€3,400 | |
| Furniture and vehicles | 24 | - | €1,228 | +€1,228 | |
| Other tangible fixed assets | 26 | €1,245 | - | -€1,245 | |
| Current assets | 29/58 | €6,927 | €4,041 | -€2,886 | -41.7% |
| Amounts receivable within one year | 40/41 | €5,021 | €3,327 | -€1,694 | -33.7% |
| Trade receivables | 40 | €4,467 | €3,327 | -€1,140 | -25.5% |
| Other amounts receivable | 41 | €554 | - | -€554 | |
| Cash at bank and in hand | 54/58 | €699 | €10 | -€689 | -98.6% |
| Deferred charges and accrued income | 490/1 | €1,207 | €704 | -€503 | -41.7% |
| Total equity and liabilities | 10/49 | €8,172 | €8,669 | +€496 | +6.1% |
| Equity | 10/15 | -€28,494 | -€7,996 | +€20,499 | +71.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€48,954 | -€26,596 | +€22,359 | +45.7% |
| Amounts payable | 17/49 | €36,667 | €16,665 | -€20,002 | -54.6% |
| Amounts payable within one year | 42/48 | €36,667 | €16,665 | -€20,002 | -54.6% |
| Trade debts | 44 | €3,661 | €656 | -€3,005 | -82.1% |
| Suppliers | 440/4 | €3,661 | €656 | -€3,005 | -82.1% |
| Taxes, remuneration and social security | 45 | €1,232 | €2,681 | +€1,449 | +117.6% |
| Taxes | 450/3 | €1,232 | €2,681 | +€1,449 | +117.6% |
| Other amounts payable | 47/48 | €31,773 | €13,327 | -€18,446 | -58.1% |
| Non-recurring operating income | 76A | €30 | - | -€30 | |
| Remuneration, social security and pensions | 62 | €398 | - | -€398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €377 | €1,099 | +€722 | +191.3% |
| Other operating charges | 640/8 | €710 | €841 | +€131 | +18.5% |
| Gross operating margin | 9900 | €18,906 | €22,764 | +€3,858 | +20.4% |
| Operating profit (loss) | 9901 | €17,421 | €20,825 | +€3,404 | +19.5% |
| Financial income | 75/76B | €0 | €4 | +€4 | +6716.7% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +6716.7% |
| Financial charges | 65/66B | €329 | €50 | -€279 | -84.8% |
| Recurring financial charges | 65 | €329 | €50 | -€279 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €17,092 | €20,779 | +€3,687 | +21.6% |
| Income taxes | 67/77 | €343 | €280 | -€63 | -18.3% |
| Profit (loss) for the period | 9904 | €16,749 | €20,499 | +€3,750 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,749 | €20,499 | +€3,750 | +22.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.