DELIRE: 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.
DELIRE
Largest movements
- Tangible fixed assets -€27,866
down €27,866 (-3.2%), from €869,457 to €841,591
- Debts after one year -€56,939
down €56,939 (-11.6%), from €491,251 to €434,312
of which Financial debts: -€71,939
- Profit (loss) carried forward +€49,593
up €49,593 (+26.5%), from €186,968 to €236,562
- Current portion of long-term debt -€23,813
down €23,813 (-29.1%), from €81,801 to €57,987
- Other debts +€22,000
up €22,000 (+2911.6%), from €756 to €22,756
- Trade debts -€21,052
down €21,052 (-32.7%), from €64,383 to €43,331
- Depreciation -€37,006
down €37,006 (-51.9%), from €71,265 to €34,259
- Gross operating margin +€32,124
up €32,124 (+35.8%), from €89,683 to €121,808
- Taxes +€17,197
up €17,197 (+14277.3%), from €120 to €17,317
- Financial charges -€5,028
down €5,028 (-25.2%), from €19,945 to €14,917
- Other operating charges -€3,085
down €3,085 (-45.1%), from €6,846 to €3,761
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 | €919,767 | €889,765 | -€30,002 | -3.3% |
| Fixed assets | 21/28 | €869,457 | €841,591 | -€27,866 | -3.2% |
| Tangible fixed assets | 22/27 | €869,457 | €841,591 | -€27,866 | -3.2% |
| Plant, machinery and equipment | 23 | €854,545 | €840,728 | -€13,817 | -1.6% |
| Furniture and vehicles | 24 | €1,222 | €863 | -€358 | -29.3% |
| Leasing and similar rights | 25 | €13,690 | - | -€13,690 | |
| Current assets | 29/58 | €50,310 | €48,174 | -€2,136 | -4.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €27,705 | €29,805 | +€2,101 | +7.6% |
| Trade receivables | 40 | €12,538 | €17,005 | +€4,467 | +35.6% |
| Other amounts receivable | 41 | €15,167 | €12,801 | -€2,366 | -15.6% |
| Cash at bank and in hand | 54/58 | €19,184 | €18,064 | -€1,120 | -5.8% |
| Deferred charges and accrued income | 490/1 | €3,421 | €305 | -€3,116 | -91.1% |
| Total equity and liabilities | 10/49 | €919,767 | €889,765 | -€30,002 | -3.3% |
| Equity | 10/15 | €264,468 | €314,062 | +€49,593 | +18.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €52,500 | €52,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €186,968 | €236,562 | +€49,593 | +26.5% |
| Amounts payable | 17/49 | €655,299 | €575,703 | -€79,595 | -12.1% |
| Amounts payable after more than one year | 17 | €491,251 | €434,312 | -€56,939 | -11.6% |
| Financial debts | 170/4 | €421,251 | €349,312 | -€71,939 | -17.1% |
| Other amounts payable | 178/9 | €70,000 | €85,000 | +€15,000 | +21.4% |
| Amounts payable within one year | 42/48 | €163,062 | €141,391 | -€21,671 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €81,801 | €57,987 | -€23,813 | -29.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €64,383 | €43,331 | -€21,052 | -32.7% |
| Suppliers | 440/4 | €64,383 | €43,331 | -€21,052 | -32.7% |
| Taxes, remuneration and social security | 45 | €16,123 | €17,317 | +€1,194 | +7.4% |
| Taxes | 450/3 | €16,123 | €17,317 | +€1,194 | +7.4% |
| Other amounts payable | 47/48 | €756 | €22,756 | +€22,000 | +2911.6% |
| Accrued charges and deferred income | 492/3 | €985 | - | -€985 | |
| Non-recurring operating income | 76A | €247 | €25,915 | +€25,668 | +10390.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,265 | €34,259 | -€37,006 | -51.9% |
| Other operating charges | 640/8 | €6,846 | €3,761 | -€3,085 | -45.1% |
| Non-recurring operating charges | 66A | - | €1,960 | +€1,960 | |
| Gross operating margin | 9900 | €89,683 | €121,808 | +€32,124 | +35.8% |
| Operating profit (loss) | 9901 | €11,572 | €81,827 | +€70,255 | +607.1% |
| Financial income | 75/76B | €713 | €1 | -€712 | -99.9% |
| Recurring financial income | 75 | €713 | €1 | -€712 | -99.9% |
| Financial charges | 65/66B | €19,945 | €14,917 | -€5,028 | -25.2% |
| Recurring financial charges | 65 | €19,945 | €14,917 | -€5,028 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,660 | €66,911 | +€74,570 | |
| Income taxes | 67/77 | €120 | €17,317 | +€17,197 | +14277.3% |
| Profit (loss) for the period | 9904 | -€7,780 | €49,593 | +€57,374 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,780 | €49,593 | +€57,374 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.