DELIL: 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.
DELIL
Largest movements
- Cash +€29,388
up €29,388 (+785.5%), from €3,741 to €33,130
mainly Net result for the year (+€19,445) and Trade debts (+€10,123)
- Tangible fixed assets -€7,550
down €7,550 (-72.8%), from €10,369 to €2,819
- Receivables within one year +€4,140
up €4,140 (+4.2%), from €99,546 to €103,686
of which Other amounts receivable: +€11,886
- Financial fixed assets +€1,500
up €1,500 (+24.8%), from €6,040 to €7,540
- Reserves +€19,000
up €19,000 (+54.3%), from €35,000 to €54,000
- Trade debts +€10,123
up €10,123 (+72.0%), from €14,058 to €24,181
- Current portion of long-term debt -€4,666
no longer reported in 2025 (was €4,666)
- Tax, wage and social debts +€2,381
up €2,381 (+7.1%), from €33,721 to €36,102
of which Remuneration and social security: +€9,491
- Staff costs +€59,957
up €59,957 (+222.9%), from €26,900 to €86,857
- Gross operating margin +€33,939
up €33,939 (+37.5%), from €90,594 to €124,533
- Taxes -€6,209
down €6,209 (-42.8%), from €14,495 to €8,286
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 | €119,892 | €147,175 | +€27,283 | +22.8% |
| Fixed assets | 21/28 | €16,409 | €10,359 | -€6,050 | -36.9% |
| Tangible fixed assets | 22/27 | €10,369 | €2,819 | -€7,550 | -72.8% |
| Leasing and similar rights | 25 | €10,369 | €2,819 | -€7,550 | -72.8% |
| Financial fixed assets | 28 | €6,040 | €7,540 | +€1,500 | +24.8% |
| Current assets | 29/58 | €103,482 | €136,815 | +€33,333 | +32.2% |
| Amounts receivable within one year | 40/41 | €99,546 | €103,686 | +€4,140 | +4.2% |
| Trade receivables | 40 | €78,770 | €71,023 | -€7,747 | -9.8% |
| Other amounts receivable | 41 | €20,776 | €32,662 | +€11,886 | +57.2% |
| Cash at bank and in hand | 54/58 | €3,741 | €33,130 | +€29,388 | +785.5% |
| Deferred charges and accrued income | 490/1 | €195 | - | -€195 | |
| Total equity and liabilities | 10/49 | €119,892 | €147,175 | +€27,283 | +22.8% |
| Equity | 10/15 | €67,447 | €86,892 | +€19,445 | +28.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €54,000 | +€19,000 | +54.3% |
| Distributable reserves | 133 | €35,000 | €54,000 | +€19,000 | +54.3% |
| Profit (loss) carried forward | 14 | €22,447 | €22,892 | +€445 | +2.0% |
| Amounts payable | 17/49 | €52,445 | €60,283 | +€7,838 | +14.9% |
| Amounts payable within one year | 42/48 | €52,445 | €60,283 | +€7,838 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €4,666 | - | -€4,666 | |
| Trade debts | 44 | €14,058 | €24,181 | +€10,123 | +72.0% |
| Suppliers | 440/4 | €14,058 | €24,181 | +€10,123 | +72.0% |
| Taxes, remuneration and social security | 45 | €33,721 | €36,102 | +€2,381 | +7.1% |
| Taxes | 450/3 | €28,276 | €21,166 | -€7,110 | -25.1% |
| Remuneration and social security | 454/9 | €5,445 | €14,936 | +€9,491 | +174.3% |
| Remuneration, social security and pensions | 62 | €26,900 | €86,857 | +€59,957 | +222.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,550 | €7,550 | = | 0.0% |
| Other operating charges | 640/8 | €2,540 | €2,607 | +€67 | +2.7% |
| Gross operating margin | 9900 | €90,594 | €124,533 | +€33,939 | +37.5% |
| Operating profit (loss) | 9901 | €53,604 | €27,519 | -€26,085 | -48.7% |
| Financial income | 75/76B | €1,013 | €1,419 | +€406 | +40.1% |
| Recurring financial income | 75 | €1,013 | €1,419 | +€406 | +40.1% |
| Financial charges | 65/66B | €1,380 | €1,208 | -€173 | -12.5% |
| Recurring financial charges | 65 | €1,380 | €1,208 | -€173 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €53,237 | €27,731 | -€25,506 | -47.9% |
| Income taxes | 67/77 | €14,495 | €8,286 | -€6,209 | -42.8% |
| Profit (loss) for the period | 9904 | €38,742 | €19,445 | -€19,297 | -49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,742 | €19,445 | -€19,297 | -49.8% |
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 11 October 2026 via checked.be.