DELICIS: 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.
DELICIS
Largest movements
- Tangible fixed assets -€194,207
down €194,207 (-7.2%), from €2.7m to €2.5m
of which Land and buildings: -€256,672
- Receivables within one year +€94,042
up €94,042 (+1346.0%), from €6,987 to €101,029
of which Other amounts receivable: +€94,829
- Financial fixed assets -€80,000
down €80,000 (-16.7%), from €480,000 to €400,000
- Cash +€60,175
up €60,175 (+30.9%), from €194,426 to €254,601
mainly Investment in fixed assets (net) (+€181,960) and Depreciation (+€92,247)
- Short-term financial debts -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Other debts -€58,328
down €58,328 (-10.1%), from €579,465 to €521,137
- Reserves +€35,166
up €35,166 (+1.6%), from €2.2m to €2.2m
of which Distributable reserves: +€78,565
- Gross operating margin -€56,099
down €56,099 (-23.4%), from €239,346 to €183,247
- Taxes -€18,089
down €18,089 (-36.7%), from €49,256 to €31,167
- Financial income +€10,738
up €10,738 (+94.7%), from €11,343 to €22,081
- Depreciation -€7,990
down €7,990 (-8.0%), from €100,236 to €92,247
- Other operating charges +€5,185
up €5,185 (+31.5%), from €16,479 to €21,665
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 | €3,411,710 | €3,290,872 | -€120,838 | -3.5% |
| Fixed assets | 21/28 | €3,191,522 | €2,917,315 | -€274,207 | -8.6% |
| Tangible fixed assets | 22/27 | €2,711,522 | €2,517,315 | -€194,207 | -7.2% |
| Land and buildings | 22 | €2,676,567 | €2,419,895 | -€256,672 | -9.6% |
| Plant, machinery and equipment | 23 | €3,209 | €4,215 | +€1,006 | +31.3% |
| Furniture and vehicles | 24 | €20,087 | €82,833 | +€62,747 | +312.4% |
| Other tangible fixed assets | 26 | €11,660 | €10,372 | -€1,288 | -11.0% |
| Financial fixed assets | 28 | €480,000 | €400,000 | -€80,000 | -16.7% |
| Current assets | 29/58 | €220,187 | €373,556 | +€153,369 | +69.7% |
| Amounts receivable within one year | 40/41 | €6,987 | €101,029 | +€94,042 | +1346.0% |
| Trade receivables | 40 | €6,987 | €6,200 | -€787 | -11.3% |
| Other amounts receivable | 41 | €0 | €94,829 | +€94,829 | |
| Current investments | 50/53 | €13,112 | €13,112 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €194,426 | €254,601 | +€60,175 | +30.9% |
| Deferred charges and accrued income | 490/1 | €5,662 | €4,814 | -€847 | -15.0% |
| Total equity and liabilities | 10/49 | €3,411,710 | €3,290,872 | -€120,838 | -3.5% |
| Equity | 10/15 | €2,255,879 | €2,291,046 | +€35,166 | +1.6% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €2,156,722 | €2,191,888 | +€35,166 | +1.6% |
| Non-distributable reserves | 130/1 | €11,776 | €11,776 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,776 | €11,776 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,255,628 | €1,212,229 | -€43,399 | -3.5% |
| Distributable reserves | 133 | €889,318 | €967,884 | +€78,565 | +8.8% |
| Provisions and deferred taxes | 16 | €418,543 | €404,076 | -€14,466 | -3.5% |
| Deferred taxes | 168 | €418,543 | €404,076 | -€14,466 | -3.5% |
| Amounts payable | 17/49 | €737,288 | €595,750 | -€141,538 | -19.2% |
| Amounts payable after more than one year | 17 | €3,909 | €5,509 | +€1,600 | +40.9% |
| Other amounts payable | 178/9 | €3,909 | €5,509 | +€1,600 | +40.9% |
| Amounts payable within one year | 42/48 | €689,680 | €544,967 | -€144,713 | -21.0% |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100.0% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100.0% |
| Trade debts | 44 | €110 | €14,326 | +€14,217 | +12983.2% |
| Suppliers | 440/4 | €110 | €14,326 | +€14,217 | +12983.2% |
| Taxes, remuneration and social security | 45 | €10,105 | €9,504 | -€602 | -6.0% |
| Taxes | 450/3 | €9,905 | €9,504 | -€402 | -4.1% |
| Remuneration and social security | 454/9 | €200 | €0 | -€200 | -100.0% |
| Other amounts payable | 47/48 | €579,465 | €521,137 | -€58,328 | -10.1% |
| Accrued charges and deferred income | 492/3 | €43,699 | €45,274 | +€1,575 | +3.6% |
| Non-recurring operating income | 76A | - | €66,464 | +€66,464 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,236 | €92,247 | -€7,990 | -8.0% |
| Other operating charges | 640/8 | €16,479 | €21,665 | +€5,185 | +31.5% |
| Gross operating margin | 9900 | €239,346 | €183,247 | -€56,099 | -23.4% |
| Operating profit (loss) | 9901 | €122,631 | €69,336 | -€53,294 | -43.5% |
| Financial income | 75/76B | €11,343 | €22,081 | +€10,738 | +94.7% |
| Recurring financial income | 75 | €11,343 | €22,081 | +€10,738 | +94.7% |
| Financial charges | 65/66B | €41,837 | €39,550 | -€2,287 | -5.5% |
| Recurring financial charges | 65 | €41,837 | €39,550 | -€2,287 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €92,137 | €51,867 | -€40,270 | -43.7% |
| Transfer from deferred taxes | 780 | €15,984 | €14,466 | -€1,518 | -9.5% |
| Income taxes | 67/77 | €49,256 | €31,167 | -€18,089 | -36.7% |
| Profit (loss) for the period | 9904 | €58,866 | €35,166 | -€23,700 | -40.3% |
| Transfer from tax-exempt reserves | 789 | €47,953 | €43,399 | -€4,554 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €106,819 | €78,565 | -€28,254 | -26.5% |
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 6 October 2026 via checked.be.