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
- Tangible fixed assets +€91,059
up €91,059 (+11.7%), from €776,341 to €867,400
of which Leasing and similar rights: +€50,950
- Cash -€34,878
down €34,878 (-19.4%), from €179,392 to €144,513
mainly Investment in fixed assets (net) (-€163,142) and Contributions, distributions and other (-€100,000)
- Other debts +€67,753
up €67,753 (+935%), from €7,247 to €75,000
- Reserves -€41,197
down €41,197 (-12.6%), from €325,742 to €284,545
- Trade debts +€15,466
up €15,466 (+37.6%), from €41,144 to €56,610
- Gross operating margin +€19,683
up €19,683 (+11.0%), from €179,497 to €199,180
- Depreciation +€6,788
up €6,788 (+10.4%), from €65,295 to €72,083
- Other operating charges +€2,033
up €2,033 (+28.1%), from €7,236 to €9,268
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 | €1,008,957 | €1,063,980 | +€55,023 | +5.5% |
| Fixed assets | 21/28 | €776,341 | €867,400 | +€91,059 | +11.7% |
| Tangible fixed assets | 22/27 | €776,341 | €867,400 | +€91,059 | +11.7% |
| Land and buildings | 22 | €738,647 | €781,936 | +€43,289 | +5.9% |
| Plant, machinery and equipment | 23 | €23,770 | €21,843 | -€1,927 | -8.1% |
| Furniture and vehicles | 24 | €636 | €307 | -€330 | -51.8% |
| Leasing and similar rights | 25 | €4,863 | €55,813 | +€50,950 | +1,048% |
| Other tangible fixed assets | 26 | €8,425 | €7,501 | -€923 | -11.0% |
| Current assets | 29/58 | €232,616 | €196,580 | -€36,036 | -15.5% |
| Stocks and contracts in progress | 3 | €46,047 | €48,757 | +€2,710 | +5.9% |
| Contracts in progress | 37 | €46,047 | €48,757 | +€2,710 | +5.9% |
| Amounts receivable within one year | 40/41 | €1,994 | €2,326 | +€332 | +16.6% |
| Trade receivables | 40 | €304 | - | -€304 | |
| Other amounts receivable | 41 | €1,690 | €2,326 | +€636 | +37.6% |
| Cash at bank and in hand | 54/58 | €179,392 | €144,513 | -€34,878 | -19.4% |
| Deferred charges and accrued income | 490/1 | €5,183 | €984 | -€4,199 | -81.0% |
| Total equity and liabilities | 10/49 | €1,008,957 | €1,063,980 | +€55,023 | +5.5% |
| Equity | 10/15 | €344,342 | €303,145 | -€41,197 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €325,742 | €284,545 | -€41,197 | -12.6% |
| Distributable reserves | 133 | €325,742 | €284,545 | -€41,197 | -12.6% |
| Amounts payable | 17/49 | €664,615 | €760,835 | +€96,220 | +14.5% |
| Amounts payable after more than one year | 17 | €566,240 | €564,060 | -€2,180 | -0.4% |
| Financial debts | 170/4 | €566,240 | €564,060 | -€2,180 | -0.4% |
| Amounts payable within one year | 42/48 | €98,375 | €196,775 | +€98,400 | +100% |
| Current portion of amounts payable after more than one year | 42 | €49,925 | €57,561 | +€7,636 | +15.3% |
| Trade debts | 44 | €41,144 | €56,610 | +€15,466 | +37.6% |
| Suppliers | 440/4 | €41,144 | €56,610 | +€15,466 | +37.6% |
| Taxes, remuneration and social security | 45 | €59 | €7,604 | +€7,545 | +12,806% |
| Taxes | 450/3 | €59 | €7,604 | +€7,545 | +12,806% |
| Other amounts payable | 47/48 | €7,247 | €75,000 | +€67,753 | +935% |
| Non-recurring operating income | 76A | - | €20,887 | +€20,887 | |
| Remuneration, social security and pensions | 62 | €29,621 | €30,896 | +€1,275 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,295 | €72,083 | +€6,788 | +10.4% |
| Other operating charges | 640/8 | €7,236 | €9,268 | +€2,033 | +28.1% |
| Gross operating margin | 9900 | €179,497 | €199,180 | +€19,683 | +11.0% |
| Operating profit (loss) | 9901 | €77,345 | €86,932 | +€9,587 | +12.4% |
| Financial income | 75/76B | €616 | €676 | +€60 | +9.7% |
| Recurring financial income | 75 | €616 | €676 | +€60 | +9.7% |
| Financial charges | 65/66B | €14,026 | €14,927 | +€901 | +6.4% |
| Recurring financial charges | 65 | €14,026 | €14,927 | +€901 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €63,935 | €72,680 | +€8,745 | +13.7% |
| Income taxes | 67/77 | €13,495 | €13,877 | +€382 | +2.8% |
| Profit (loss) for the period | 9904 | €50,440 | €58,803 | +€8,363 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,440 | €58,803 | +€8,363 | +16.6% |
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 14 October 2026 via checked.be.