DELIE: 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.
DELIE
Largest movements
- Cash +€58,670
up €58,670 (+385.4%), from €15,222 to €73,892
mainly Tax, wage and social debts (+€239,371) and Net result for the year (+€48,616)
- Tangible fixed assets -€30,980
down €30,980 (-5.2%), from €595,846 to €564,866
- Deferred charges and accrued income +€19,750
new in 2025: €19,750
- Receivables within one year -€16,119
down €16,119 (-25.2%), from €63,918 to €47,799
of which Trade receivables: -€48,400
- Tax, wage and social debts +€239,371
up €239,371 (+1848.3%), from €12,951 to €252,322
- Debts after one year -€232,268
down €232,268 (-98.9%), from €234,912 to €2,644
of which Other amounts payable: -€219,949
- Trade debts +€24,833
up €24,833 (+34352.1%), from €72 to €24,905
- Gross operating margin +€4,511
up €4,511 (+3.6%), from €125,690 to €130,201
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 | €1,306,408 | €1,337,730 | +€31,322 | +2.4% |
| Fixed assets | 21/28 | €1,227,268 | €1,196,288 | -€30,980 | -2.5% |
| Tangible fixed assets | 22/27 | €595,846 | €564,866 | -€30,980 | -5.2% |
| Land and buildings | 22 | €595,846 | €564,866 | -€30,980 | -5.2% |
| Financial fixed assets | 28 | €631,422 | €631,422 | = | 0.0% |
| Current assets | 29/58 | €79,140 | €141,442 | +€62,302 | +78.7% |
| Amounts receivable within one year | 40/41 | €63,918 | €47,799 | -€16,119 | -25.2% |
| Trade receivables | 40 | €60,500 | €12,100 | -€48,400 | -80.0% |
| Other amounts receivable | 41 | €3,418 | €35,699 | +€32,281 | +944.5% |
| Cash at bank and in hand | 54/58 | €15,222 | €73,892 | +€58,670 | +385.4% |
| Deferred charges and accrued income | 490/1 | - | €19,750 | +€19,750 | |
| Total equity and liabilities | 10/49 | €1,306,408 | €1,337,730 | +€31,322 | +2.4% |
| Equity | 10/15 | €954,483 | €944,917 | -€9,566 | -1.0% |
| Contributions | 10/11 | €118,592 | €118,592 | = | 0.0% |
| Capital | 10 | €118,592 | €118,592 | = | 0.0% |
| Issued capital | 100 | €118,592 | €118,592 | = | 0.0% |
| Reserves | 13 | €444,829 | €435,263 | -€9,566 | -2.2% |
| Non-distributable reserves | 130/1 | €11,859 | €11,859 | = | 0.0% |
| Legal reserve | 130 | €11,859 | €11,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €105,336 | €94,193 | -€11,143 | -10.6% |
| Distributable reserves | 133 | €327,633 | €329,211 | +€1,578 | +0.5% |
| Profit (loss) carried forward | 14 | €391,062 | €391,062 | = | 0.0% |
| Provisions and deferred taxes | 16 | €54,264 | €48,524 | -€5,740 | -10.6% |
| Deferred taxes | 168 | €54,264 | €48,524 | -€5,740 | -10.6% |
| Amounts payable | 17/49 | €297,661 | €344,289 | +€46,628 | +15.7% |
| Amounts payable after more than one year | 17 | €234,912 | €2,644 | -€232,268 | -98.9% |
| Financial debts | 170/4 | €14,963 | €2,644 | -€12,319 | -82.3% |
| Other amounts payable | 178/9 | €219,949 | - | -€219,949 | |
| Amounts payable within one year | 42/48 | €62,023 | €341,645 | +€279,622 | +450.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,236 | +€6,236 | |
| Trade debts | 44 | €72 | €24,905 | +€24,833 | +34352.1% |
| Suppliers | 440/4 | €72 | €24,905 | +€24,833 | +34352.1% |
| Taxes, remuneration and social security | 45 | €12,951 | €252,322 | +€239,371 | +1848.3% |
| Taxes | 450/3 | €12,951 | €252,322 | +€239,371 | +1848.3% |
| Other amounts payable | 47/48 | €49,000 | €58,182 | +€9,182 | +18.7% |
| Accrued charges and deferred income | 492/3 | €726 | - | -€726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,980 | €30,980 | = | 0.0% |
| Other operating charges | 640/8 | €3,477 | €3,585 | +€108 | +3.1% |
| Gross operating margin | 9900 | €125,690 | €130,201 | +€4,511 | +3.6% |
| Operating profit (loss) | 9901 | €91,233 | €95,636 | +€4,403 | +4.8% |
| Financial charges | 65/66B | €24,045 | €24,873 | +€828 | +3.4% |
| Recurring financial charges | 65 | €24,045 | €24,873 | +€828 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €67,188 | €70,763 | +€3,575 | +5.3% |
| Transfer from deferred taxes | 780 | €5,740 | €5,741 | +€1 | 0.0% |
| Income taxes | 67/77 | €26,750 | €27,888 | +€1,138 | +4.3% |
| Profit (loss) for the period | 9904 | €46,178 | €48,616 | +€2,438 | +5.3% |
| Transfer from tax-exempt reserves | 789 | €11,143 | €11,143 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,321 | €59,759 | +€2,438 | +4.3% |
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.