DELIKIP: 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.
What changed
DELIKIP
NACE 46.322, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€32,657
2024 · -€16,385-€16,271
Equity
€276,394
2024 · €309,050-€32,657
Cash
€134,287
2024 · €179,845-€45,558
Balance sheet total
€611,042
2024 · €612,438-€1,396
Largest movements
Assets
- Tangible fixed assets +€62,542
up €62,542 (+85.0%), from €73,578 to €136,120
of which Furniture and vehicles: +€68,600
- Cash -€45,558
down €45,558 (-25.3%), from €179,845 to €134,287
mainly Investment in fixed assets (net) (-€93,350) and Trade debts (-€37,249)
- Receivables within one year -€13,731
down €13,731 (-4.5%), from €308,007 to €294,276
of which Trade receivables: -€17,749
Equity and liabilities
- Debts after one year +€38,541
up €38,541 (+185%), from €20,833 to €59,375
- Trade debts -€37,249
down €37,249 (-17.4%), from €214,163 to €176,914
- Profit (loss) carried forward -€32,657
down €32,657 (-199%), from -€16,385 to -€49,042
- Current portion of long-term debt +€20,000
up €20,000 (+160%), from €12,500 to €32,500
Income statement
- Turnover -€2.6m
no longer reported in 2025 (was €2.6m)
- Goods and materials -€2.0m
no longer reported in 2025 (was €2.0m)
of which Purchases: -€2.0m
- Gross operating margin +€435,301
new in 2025: €435,301
- Services and other goods -€304,062
no longer reported in 2025 (was €304,062)
- Other operating income -€78,975
no longer reported in 2025 (was €78,975)
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.
Result 2024
-€16,385
Turnover
-€2.6m
Other operating income
-€78,975
Goods and materials
+€2.0m
Services and other goods
+€304,062
Staff costs
-€29,860
Depreciation
-€723
Write-downs
-€13,076
Other operating charges
-€2,148
Other operating items
+€435,301
Financial income
-€2,768
Financial charges
-€423
Taxes
+€160
Result 2025
-€32,657
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€10,750
Investment
-€93,350
Financing
+€58,542
Cash 2024
€179,845
From operations (derived)
-€10,750
Net result for the year
-€32,657
Depreciation
+€31,970
Stocks and contracts
+€2,037
Receivables within one year
+€13,731
Deferred charges and accrued income
+€1,450
Trade debts
-€37,249
Tax, wage and social debts
+€2,824
Other debts
+€5,809
Accrued charges and deferred income
+€1,335
Investment (derived)
-€93,350
Investment in fixed assets (net)
-€93,350
Financing
+€58,542
Debts after one year
+€38,541
Current portion of long-term debt
+€20,000
Cash 2025
€134,287
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €612,438 | €611,042 | -€1,396 | -0.2% |
| Fixed assets | 21/28 | €76,566 | €137,946 | +€61,380 | +80.2% |
| Intangible fixed assets | 21 | €2,926 | €1,764 | -€1,162 | -39.7% |
| Tangible fixed assets | 22/27 | €73,578 | €136,120 | +€62,542 | +85.0% |
| Plant, machinery and equipment | 23 | €25,141 | €19,084 | -€6,057 | -24.1% |
| Furniture and vehicles | 24 | €48,437 | €117,037 | +€68,600 | +142% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Other financial fixed assets | 284/8 | €62 | - | -€62 | |
| Amounts receivable and cash guarantees | 285/8 | €62 | - | -€62 | |
| Current assets | 29/58 | €535,871 | €473,095 | -€62,776 | -11.7% |
| Stocks and contracts in progress | 3 | €31,667 | €29,630 | -€2,037 | -6.4% |
| Stocks | 30/36 | €31,667 | €29,630 | -€2,037 | -6.4% |
| Goods purchased for resale | 34 | €31,667 | - | -€31,667 | |
| Amounts receivable within one year | 40/41 | €308,007 | €294,276 | -€13,731 | -4.5% |
| Trade receivables | 40 | €283,580 | €265,832 | -€17,749 | -6.3% |
| Other amounts receivable | 41 | €24,427 | €28,444 | +€4,017 | +16.4% |
| Cash at bank and in hand | 54/58 | €179,845 | €134,287 | -€45,558 | -25.3% |
| Deferred charges and accrued income | 490/1 | €16,353 | €14,903 | -€1,450 | -8.9% |
| Total equity and liabilities | 10/49 | €612,438 | €611,042 | -€1,396 | -0.2% |
| Equity | 10/15 | €309,050 | €276,394 | -€32,657 | -10.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €250,436 | €250,436 | = | 0.0% |
| Distributable reserves | 133 | €250,436 | €250,436 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,385 | -€49,042 | -€32,657 | -199% |
| Amounts payable | 17/49 | €303,387 | €334,648 | +€31,260 | +10.3% |
| Amounts payable after more than one year | 17 | €20,833 | €59,375 | +€38,541 | +185% |
| Financial debts | 170/4 | €20,833 | €59,375 | +€38,541 | +185% |
| Credit institutions | 173 | €20,833 | - | -€20,833 | |
| Amounts payable within one year | 42/48 | €278,291 | €269,675 | -€8,616 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €32,500 | +€20,000 | +160% |
| Trade debts | 44 | €214,163 | €176,914 | -€37,249 | -17.4% |
| Suppliers | 440/4 | €214,163 | €176,914 | -€37,249 | -17.4% |
| Taxes, remuneration and social security | 45 | €39,243 | €42,067 | +€2,824 | +7.2% |
| Taxes | 450/3 | €2,404 | €3,887 | +€1,483 | +61.7% |
| Remuneration and social security | 454/9 | €36,839 | €38,180 | +€1,341 | +3.6% |
| Other amounts payable | 47/48 | €12,385 | €18,194 | +€5,809 | +46.9% |
| Accrued charges and deferred income | 492/3 | €4,263 | €5,598 | +€1,335 | +31.3% |
| Operating income | 70/76A | €2,717,476 | - | -€2.7m | |
| Turnover | 70 | €2,638,501 | - | -€2.6m | |
| Other operating income | 74 | €78,975 | - | -€78,975 | |
| Non-recurring operating income | 76A | - | €2,250 | +€2,250 | |
| Operating charges | 60/66A | €2,732,841 | - | -€2.7m | |
| Goods for resale, raw materials and consumables | 60 | €2,010,678 | - | -€2.0m | |
| Purchases | 600/8 | €2,017,851 | - | -€2.0m | |
| Change in stocks: decrease (increase) | 609 | -€7,173 | - | +€7,173 | |
| Services and other goods | 61 | €304,062 | - | -€304,062 | |
| Remuneration, social security and pensions | 62 | €381,477 | €411,337 | +€29,860 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,247 | €31,970 | +€723 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €416 | €13,492 | +€13,076 | +3,144% |
| Other operating charges | 640/8 | €4,960 | €7,109 | +€2,148 | +43.3% |
| Gross operating margin | 9900 | - | €435,301 | +€435,301 | |
| Operating profit (loss) | 9901 | -€15,365 | -€28,606 | -€13,241 | -86.2% |
| Financial income | 75/76B | €3,269 | €501 | -€2,768 | -84.7% |
| Recurring financial income | 75 | €3,269 | €501 | -€2,768 | -84.7% |
| Income from current assets | 751 | €3,103 | - | -€3,103 | |
| Other financial income | 752/9 | €166 | - | -€166 | |
| Financial charges | 65/66B | €3,494 | €3,917 | +€423 | +12.1% |
| Recurring financial charges | 65 | €3,494 | €3,917 | +€423 | +12.1% |
| Debt charges | 650 | €1,801 | - | -€1,801 | |
| Other financial charges | 652/9 | €1,693 | - | -€1,693 | |
| Profit (loss) for the period before taxes | 9903 | -€15,591 | -€32,022 | -€16,431 | -105% |
| Income taxes | 67/77 | €794 | €635 | -€160 | -20.1% |
| Taxes | 670/3 | €794 | - | -€794 | |
| Profit (loss) for the period | 9904 | -€16,385 | -€32,657 | -€16,271 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,385 | -€32,657 | -€16,271 | -99.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.