DELIMAR: what changed
Two fiscal 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.
DELIMAR
Largest movements
- Cash +€18,962
up €18,962 (+10.3%), from €184,945 to €203,907
mainly Trade debts (+€40,170) and Net result for the year (+€8,351)
- Tangible fixed assets +€7,932
up €7,932 (+284.5%), from €2,788 to €10,720
- Stocks and contracts +€6,292
up €6,292 (+23.3%), from €26,954 to €33,247
- Receivables within one year -€4,400
down €4,400 (-4.5%), from €97,252 to €92,852
of which Trade receivables: -€5,968
- Trade debts +€40,170
up €40,170 (+17.0%), from €236,394 to €276,564
- Reserves -€16,225
down €16,225 (-22.1%), from €73,475 to €57,249
of which Distributable reserves: -€16,225
- Tax, wage and social debts +€4,459
up €4,459 (+20.5%), from €21,797 to €26,256
of which Remuneration and social security: +€6,801
- Staff costs +€30,588
up €30,588 (+13.2%), from €231,966 to €262,554
- Gross operating margin +€13,770
up €13,770 (+5.0%), from €272,673 to €286,443
- Taxes -€5,122
down €5,122 (-53.7%), from €9,530 to €4,408
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 | €350,295 | €379,081 | +€28,786 | +8.2% |
| Fixed assets | 21/28 | €5,143 | €13,075 | +€7,932 | +154.2% |
| Tangible fixed assets | 22/27 | €2,788 | €10,720 | +€7,932 | +284.5% |
| Plant, machinery and equipment | 23 | €2,788 | €10,720 | +€7,932 | +284.5% |
| Financial fixed assets | 28 | €2,355 | €2,355 | = | 0.0% |
| Current assets | 29/58 | €345,152 | €366,006 | +€20,854 | +6.0% |
| Stocks and contracts in progress | 3 | €26,954 | €33,247 | +€6,292 | +23.3% |
| Stocks | 30/36 | €26,954 | €33,247 | +€6,292 | +23.3% |
| Amounts receivable within one year | 40/41 | €97,252 | €92,852 | -€4,400 | -4.5% |
| Trade receivables | 40 | €16,335 | €10,366 | -€5,968 | -36.5% |
| Other amounts receivable | 41 | €80,918 | €82,486 | +€1,568 | +1.9% |
| Cash at bank and in hand | 54/58 | €184,945 | €203,907 | +€18,962 | +10.3% |
| Deferred charges and accrued income | 490/1 | €36,000 | €36,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €350,295 | €379,081 | +€28,786 | +8.2% |
| Equity | 10/15 | €92,104 | €75,889 | -€16,215 | -17.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €73,475 | €57,249 | -€16,225 | -22.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €71,615 | €55,390 | -€16,225 | -22.7% |
| Profit (loss) carried forward | 14 | €37 | €48 | +€11 | +29.5% |
| Amounts payable | 17/49 | €258,191 | €303,192 | +€45,001 | +17.4% |
| Amounts payable within one year | 42/48 | €258,191 | €302,820 | +€44,629 | +17.3% |
| Trade debts | 44 | €236,394 | €276,564 | +€40,170 | +17.0% |
| Suppliers | 440/4 | €236,394 | €276,564 | +€40,170 | +17.0% |
| Taxes, remuneration and social security | 45 | €21,797 | €26,256 | +€4,459 | +20.5% |
| Taxes | 450/3 | €2,341 | - | -€2,341 | |
| Remuneration and social security | 454/9 | €19,456 | €26,256 | +€6,801 | +35.0% |
| Accrued charges and deferred income | 492/3 | - | €372 | +€372 | |
| Remuneration, social security and pensions | 62 | €231,966 | €262,554 | +€30,588 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €934 | €2,068 | +€1,134 | +121.5% |
| Other operating charges | 640/8 | €423 | €635 | +€212 | +50.2% |
| Gross operating margin | 9900 | €272,673 | €286,443 | +€13,770 | +5.0% |
| Operating profit (loss) | 9901 | €39,350 | €21,186 | -€18,165 | -46.2% |
| Financial income | 75/76B | €116 | €422 | +€306 | +262.7% |
| Recurring financial income | 75 | €116 | €422 | +€306 | +262.7% |
| Financial charges | 65/66B | €8,361 | €8,849 | +€488 | +5.8% |
| Recurring financial charges | 65 | €8,361 | €8,849 | +€488 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €31,106 | €12,759 | -€18,347 | -59.0% |
| Income taxes | 67/77 | €9,530 | €4,408 | -€5,122 | -53.7% |
| Profit (loss) for the period | 9904 | €21,576 | €8,351 | -€13,225 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,576 | €8,351 | -€13,225 | -61.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.