DELIPAR: 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.
DELIPAR
Largest movements
- Tangible fixed assets -€203,865
down €203,865 (-26.6%), from €767,725 to €563,860
of which Other tangible fixed assets: -€137,513
- Other debts -€118,185
down €118,185 (-10.5%), from €1.1m to €1.0m
- Profit (loss) carried forward -€108,297
down €108,297 (-18.0%), from -€601,500 to -€709,797
- Tax, wage and social debts +€14,074
up €14,074 (+19.4%), from €72,491 to €86,565
of which Remuneration and social security: +€8,671
- Staff costs +€48,984
up €48,984 (+19.5%), from €251,193 to €300,177
- Gross operating margin +€46,922
up €46,922 (+11.8%), from €398,698 to €445,620
- Financial charges -€19,151
down €19,151 (-33.1%), from €57,834 to €38,684
- Depreciation +€6,286
up €6,286 (+3.1%), from €200,754 to €207,040
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €922,419 | €719,005 | -€203,414 | -22.1% |
| Fixed assets | 21/28 | €767,725 | €563,860 | -€203,865 | -26.6% |
| Tangible fixed assets | 22/27 | €767,725 | €563,860 | -€203,865 | -26.6% |
| Plant, machinery and equipment | 23 | €200,829 | €138,055 | -€62,774 | -31.3% |
| Furniture and vehicles | 24 | €11,030 | €7,453 | -€3,577 | -32.4% |
| Other tangible fixed assets | 26 | €555,866 | €418,353 | -€137,513 | -24.7% |
| Current assets | 29/58 | €154,695 | €155,145 | +€450 | +0.3% |
| Stocks and contracts in progress | 3 | €46,351 | €44,273 | -€2,079 | -4.5% |
| Stocks | 30/36 | €46,351 | €44,273 | -€2,079 | -4.5% |
| Amounts receivable within one year | 40/41 | €95,950 | €91,197 | -€4,753 | -5.0% |
| Trade receivables | 40 | €95,950 | €91,184 | -€4,767 | -5.0% |
| Other amounts receivable | 41 | - | €14 | +€14 | |
| Cash at bank and in hand | 54/58 | €12,393 | €19,675 | +€7,282 | +58.8% |
| Total equity and liabilities | 10/49 | €922,419 | €719,005 | -€203,414 | -22.1% |
| Equity | 10/15 | -€539,500 | -€647,797 | -€108,297 | -20.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€601,500 | -€709,797 | -€108,297 | -18.0% |
| Amounts payable | 17/49 | €1,461,919 | €1,366,802 | -€95,117 | -6.5% |
| Amounts payable within one year | 42/48 | €1,461,919 | €1,366,802 | -€95,117 | -6.5% |
| Trade debts | 44 | €260,351 | €269,344 | +€8,994 | +3.5% |
| Suppliers | 440/4 | €260,351 | €269,344 | +€8,994 | +3.5% |
| Taxes, remuneration and social security | 45 | €72,491 | €86,565 | +€14,074 | +19.4% |
| Taxes | 450/3 | €26,361 | €31,764 | +€5,402 | +20.5% |
| Remuneration and social security | 454/9 | €46,130 | €54,801 | +€8,671 | +18.8% |
| Other amounts payable | 47/48 | €1,129,078 | €1,010,893 | -€118,185 | -10.5% |
| Remuneration, social security and pensions | 62 | €251,193 | €300,177 | +€48,984 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,754 | €207,040 | +€6,286 | +3.1% |
| Other operating charges | 640/8 | €7,427 | €7,781 | +€354 | +4.8% |
| Gross operating margin | 9900 | €398,698 | €445,620 | +€46,922 | +11.8% |
| Operating profit (loss) | 9901 | -€60,675 | -€69,377 | -€8,702 | -14.3% |
| Financial charges | 65/66B | €57,834 | €38,684 | -€19,151 | -33.1% |
| Recurring financial charges | 65 | €57,834 | €38,684 | -€19,151 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | -€118,510 | -€108,061 | +€10,449 | +8.8% |
| Income taxes | 67/77 | €131 | €236 | +€106 | +81.0% |
| Profit (loss) for the period | 9904 | -€118,640 | -€108,297 | +€10,343 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,640 | -€108,297 | +€10,343 | +8.7% |
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 18 October 2026 via checked.be.