DELICOOK: 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.
DELICOOK
Largest movements
- Tangible fixed assets -€36,685
down €36,685 (-14.4%), from €254,478 to €217,793
of which Plant, machinery and equipment: -€19,166
- Cash -€6,473
down €6,473 (-12.3%), from €52,445 to €45,972
mainly Advances received (-€28,585) and Investment in fixed assets (net) (-€14,245)
- Receivables within one year -€5,488
down €5,488 (-36.0%), from €15,246 to €9,759
- Deferred charges and accrued income +€4,695
up €4,695 (+20.1%), from €23,305 to €28,000
- Advances received -€28,585
down €28,585 (-27.3%), from €104,609 to €76,024
- Debts after one year -€13,449
down €13,449 (-38.0%), from €35,413 to €21,964
- Reserves +€11,107
up €11,107 (+17.1%), from €65,135 to €76,242
- Trade debts -€9,759
down €9,759 (-7.9%), from €123,295 to €113,536
- Staff costs -€43,234
down €43,234 (-12.7%), from €339,500 to €296,265
- Other operating charges +€29,145
up €29,145 (+1320.6%), from €2,207 to €31,352
- Gross operating margin -€5,011
down €5,011 (-1.3%), from €397,901 to €392,890
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 | €392,729 | €349,068 | -€43,661 | -11.1% |
| Fixed assets | 21/28 | €281,478 | €244,793 | -€36,685 | -13.0% |
| Tangible fixed assets | 22/27 | €254,478 | €217,793 | -€36,685 | -14.4% |
| Plant, machinery and equipment | 23 | €192,555 | €173,390 | -€19,166 | -10.0% |
| Furniture and vehicles | 24 | €61,922 | €44,404 | -€17,519 | -28.3% |
| Financial fixed assets | 28 | €27,000 | €27,000 | = | 0.0% |
| Current assets | 29/58 | €111,251 | €104,274 | -€6,976 | -6.3% |
| Stocks and contracts in progress | 3 | €20,254 | €20,543 | +€290 | +1.4% |
| Stocks | 30/36 | €20,254 | €20,543 | +€290 | +1.4% |
| Amounts receivable within one year | 40/41 | €15,246 | €9,759 | -€5,488 | -36.0% |
| Trade receivables | 40 | €15,246 | €9,759 | -€5,488 | -36.0% |
| Cash at bank and in hand | 54/58 | €52,445 | €45,972 | -€6,473 | -12.3% |
| Deferred charges and accrued income | 490/1 | €23,305 | €28,000 | +€4,695 | +20.1% |
| Total equity and liabilities | 10/49 | €392,729 | €349,068 | -€43,661 | -11.1% |
| Equity | 10/15 | €83,735 | €94,842 | +€11,107 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,135 | €76,242 | +€11,107 | +17.1% |
| Distributable reserves | 133 | €65,135 | €76,242 | +€11,107 | +17.1% |
| Amounts payable | 17/49 | €308,994 | €254,226 | -€54,768 | -17.7% |
| Amounts payable after more than one year | 17 | €35,413 | €21,964 | -€13,449 | -38.0% |
| Financial debts | 170/4 | €35,413 | €21,964 | -€13,449 | -38.0% |
| Amounts payable within one year | 42/48 | €269,295 | €230,551 | -€38,744 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €20,827 | €17,306 | -€3,521 | -16.9% |
| Trade debts | 44 | €123,295 | €113,536 | -€9,759 | -7.9% |
| Suppliers | 440/4 | €123,295 | €113,536 | -€9,759 | -7.9% |
| Advances received on contracts in progress | 46 | €104,609 | €76,024 | -€28,585 | -27.3% |
| Taxes, remuneration and social security | 45 | €20,564 | €23,685 | +€3,121 | +15.2% |
| Taxes | 450/3 | €375 | €6,866 | +€6,491 | +1729.2% |
| Remuneration and social security | 454/9 | €20,189 | €16,819 | -€3,370 | -16.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,286 | €1,711 | -€2,575 | -60.1% |
| Remuneration, social security and pensions | 62 | €339,500 | €296,265 | -€43,234 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,468 | €50,930 | +€3,461 | +7.3% |
| Other operating charges | 640/8 | €2,207 | €31,352 | +€29,145 | +1320.6% |
| Non-recurring operating charges | 66A | €171 | €2,000 | +€1,829 | +1069.3% |
| Gross operating margin | 9900 | €397,901 | €392,890 | -€5,011 | -1.3% |
| Operating profit (loss) | 9901 | €8,555 | €12,343 | +€3,788 | +44.3% |
| Financial income | 75/76B | €4,286 | €4,286 | -€0 | 0.0% |
| Recurring financial income | 75 | €4,286 | €4,286 | -€0 | 0.0% |
| Financial charges | 65/66B | €2,175 | €2,187 | +€13 | +0.6% |
| Recurring financial charges | 65 | €2,175 | €2,187 | +€13 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €10,666 | €14,441 | +€3,775 | +35.4% |
| Income taxes | 67/77 | - | €3,334 | +€3,334 | |
| Profit (loss) for the period | 9904 | €10,666 | €11,107 | +€441 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,666 | €11,107 | +€441 | +4.1% |
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.