Delinis: 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.
Delinis
Largest movements
- Cash +€21,328
up €21,328 (+124.1%), from €17,187 to €38,515
mainly Net result for the year (+€32,117) and Debts after one year (+€13,891)
- Tangible fixed assets +€17,124
up €17,124 (+37.9%), from €45,182 to €62,306
of which Other tangible fixed assets: +€12,043
- Receivables within one year -€11,495
down €11,495 (-85.9%), from €13,387 to €1,892
of which Trade receivables: -€11,495
- Debts after one year +€13,891
up €13,891 (+54.5%), from €25,511 to €39,402
- Current portion of long-term debt +€7,118
up €7,118 (+178.8%), from €3,981 to €11,100
- Other debts +€5,118
up €5,118 (+21.5%), from €23,753 to €28,871
- Gross operating margin +€33,136
up €33,136 (+144.7%), from €22,903 to €56,039
- Taxes +€8,762
up €8,762 (+333.2%), from €2,629 to €11,391
- Depreciation +€1,109
up €1,109 (+12.0%), from €9,218 to €10,327
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 | €77,576 | €104,574 | +€26,998 | +34.8% |
| Fixed assets | 21/28 | €45,182 | €62,306 | +€17,124 | +37.9% |
| Tangible fixed assets | 22/27 | €45,182 | €62,306 | +€17,124 | +37.9% |
| Plant, machinery and equipment | 23 | €3,122 | €9,807 | +€6,685 | +214.1% |
| Furniture and vehicles | 24 | €3,380 | €1,777 | -€1,603 | -47.4% |
| Other tangible fixed assets | 26 | €38,680 | €50,722 | +€12,043 | +31.1% |
| Current assets | 29/58 | €32,394 | €42,268 | +€9,873 | +30.5% |
| Amounts receivable within one year | 40/41 | €13,387 | €1,892 | -€11,495 | -85.9% |
| Trade receivables | 40 | €11,495 | €0 | -€11,495 | -100.0% |
| Other amounts receivable | 41 | €1,892 | €1,892 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,187 | €38,515 | +€21,328 | +124.1% |
| Deferred charges and accrued income | 490/1 | €1,821 | €1,861 | +€40 | +2.2% |
| Total equity and liabilities | 10/49 | €77,576 | €104,574 | +€26,998 | +34.8% |
| Equity | 10/15 | €15,253 | €15,253 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €14,253 | €14,253 | = | 0.0% |
| Distributable reserves | 133 | €14,253 | €14,253 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €62,324 | €89,321 | +€26,998 | +43.3% |
| Amounts payable after more than one year | 17 | €25,511 | €39,402 | +€13,891 | +54.5% |
| Financial debts | 170/4 | €25,511 | €39,402 | +€13,891 | +54.5% |
| Amounts payable within one year | 42/48 | €36,813 | €49,920 | +€13,107 | +35.6% |
| Current portion of amounts payable after more than one year | 42 | €3,981 | €11,100 | +€7,118 | +178.8% |
| Trade debts | 44 | €1,257 | €1,361 | +€104 | +8.3% |
| Suppliers | 440/4 | €1,257 | €1,361 | +€104 | +8.3% |
| Taxes, remuneration and social security | 45 | €7,822 | €8,588 | +€767 | +9.8% |
| Taxes | 450/3 | €7,822 | €8,588 | +€767 | +9.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €23,753 | €28,871 | +€5,118 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,218 | €10,327 | +€1,109 | +12.0% |
| Other operating charges | 640/8 | €760 | €728 | -€32 | -4.2% |
| Gross operating margin | 9900 | €22,903 | €56,039 | +€33,136 | +144.7% |
| Operating profit (loss) | 9901 | €12,926 | €44,984 | +€32,058 | +248.0% |
| Financial income | 75/76B | €78 | €114 | +€36 | +46.8% |
| Recurring financial income | 75 | €78 | €114 | +€36 | +46.8% |
| Financial charges | 65/66B | €1,063 | €1,591 | +€528 | +49.7% |
| Recurring financial charges | 65 | €1,063 | €1,591 | +€528 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | €11,941 | €43,508 | +€31,567 | +264.4% |
| Income taxes | 67/77 | €2,629 | €11,391 | +€8,762 | +333.2% |
| Profit (loss) for the period | 9904 | €9,312 | €32,117 | +€22,805 | +244.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,312 | €32,117 | +€22,805 | +244.9% |
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 12 October 2026 via checked.be.