DELIESE: 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.
DELIESE
Largest movements
- Receivables within one year -€24,124
down €24,124 (-58.5%), from €41,214 to €17,091
of which Other amounts receivable: -€13,562
- Tangible fixed assets -€9,099
down €9,099 (-46.9%), from €19,405 to €10,306
of which Furniture and vehicles: -€5,783
- Debts after one year -€23,888
no longer reported in 2025 (was €23,888)
of which Other amounts payable: -€20,000
- Current portion of long-term debt -€21,998
down €21,998 (-85.0%), from €25,886 to €3,888
- Profit (loss) carried forward +€17,147
up €17,147 (+20.3%), from -€84,310 to -€67,163
- Short-term financial debts -€11,206
down €11,206 (-89.2%), from €12,561 to €1,355
- Advances received -€10,500
no longer reported in 2025 (was €10,500)
- Gross operating margin -€28,130
down €28,130 (-22.1%), from €127,285 to €99,155
- Depreciation -€22,996
down €22,996 (-71.6%), from €32,095 to €9,099
- Financial income -€9,771
down €9,771 (-98.2%), from €9,952 to €181
of which Non-recurring financial income: -€9,502
- Staff costs -€8,181
down €8,181 (-10.8%), from €75,890 to €67,709
- Other operating charges -€7,105
down €7,105 (-88.6%), from €8,019 to €915
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 | €97,586 | €64,407 | -€33,180 | -34.0% |
| Fixed assets | 21/28 | €24,622 | €15,523 | -€9,099 | -37.0% |
| Tangible fixed assets | 22/27 | €19,405 | €10,306 | -€9,099 | -46.9% |
| Furniture and vehicles | 24 | €16,090 | €10,306 | -€5,783 | -35.9% |
| Other tangible fixed assets | 26 | €3,315 | - | -€3,315 | |
| Financial fixed assets | 28 | €5,217 | €5,217 | = | 0.0% |
| Current assets | 29/58 | €72,964 | €48,884 | -€24,081 | -33.0% |
| Amounts receivable within one year | 40/41 | €41,214 | €17,091 | -€24,124 | -58.5% |
| Trade receivables | 40 | €27,652 | €17,091 | -€10,562 | -38.2% |
| Other amounts receivable | 41 | €13,562 | - | -€13,562 | |
| Cash at bank and in hand | 54/58 | €30,987 | €30,655 | -€332 | -1.1% |
| Deferred charges and accrued income | 490/1 | €763 | €1,138 | +€375 | +49.1% |
| Total equity and liabilities | 10/49 | €97,586 | €64,407 | -€33,180 | -34.0% |
| Equity | 10/15 | -€21,065 | -€3,918 | +€17,147 | +81.4% |
| Contributions | 10/11 | €57,045 | €57,045 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,310 | -€67,163 | +€17,147 | +20.3% |
| Amounts payable | 17/49 | €118,651 | €68,325 | -€50,326 | -42.4% |
| Amounts payable after more than one year | 17 | €23,888 | - | -€23,888 | |
| Financial debts | 170/4 | €3,888 | - | -€3,888 | |
| Other amounts payable | 178/9 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €94,763 | €68,325 | -€26,438 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €25,886 | €3,888 | -€21,998 | -85.0% |
| Financial debts | 43 | €12,561 | €1,355 | -€11,206 | -89.2% |
| Credit institutions | 430/8 | €12,561 | €1,355 | -€11,206 | -89.2% |
| Trade debts | 44 | €7,460 | €11,981 | +€4,521 | +60.6% |
| Suppliers | 440/4 | €7,460 | €11,981 | +€4,521 | +60.6% |
| Advances received on contracts in progress | 46 | €10,500 | - | -€10,500 | |
| Taxes, remuneration and social security | 45 | €24,338 | €32,672 | +€8,334 | +34.2% |
| Taxes | 450/3 | €7,950 | €17,009 | +€9,059 | +113.9% |
| Remuneration and social security | 454/9 | €16,388 | €15,663 | -€725 | -4.4% |
| Other amounts payable | 47/48 | €14,019 | €18,429 | +€4,410 | +31.5% |
| Remuneration, social security and pensions | 62 | €75,890 | €67,709 | -€8,181 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,095 | €9,099 | -€22,996 | -71.6% |
| Other operating charges | 640/8 | €8,019 | €915 | -€7,105 | -88.6% |
| Non-recurring operating charges | 66A | €8,841 | - | -€8,841 | |
| Gross operating margin | 9900 | €127,285 | €99,155 | -€28,130 | -22.1% |
| Operating profit (loss) | 9901 | €2,439 | €21,432 | +€18,993 | +778.6% |
| Financial income | 75/76B | €9,952 | €181 | -€9,771 | -98.2% |
| Recurring financial income | 75 | €450 | €181 | -€269 | -59.8% |
| Non-recurring financial income | 76B | €9,502 | - | -€9,502 | |
| Financial charges | 65/66B | €6,392 | €3,892 | -€2,500 | -39.1% |
| Recurring financial charges | 65 | €6,392 | €3,892 | -€2,500 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €5,999 | €17,721 | +€11,722 | +195.4% |
| Income taxes | 67/77 | €137 | €574 | +€438 | +320.5% |
| Profit (loss) for the period | 9904 | €5,863 | €17,147 | +€11,284 | +192.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,863 | €17,147 | +€11,284 | +192.5% |
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 11 October 2026 via checked.be.