DELIRE MANAGEMENT: 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.
DELIRE MANAGEMENT
Largest movements
- Stocks and contracts +€114,844
new in 2025: €114,844
- Tangible fixed assets -€29,104
down €29,104 (-31.5%), from €92,518 to €63,415
of which Furniture and vehicles: -€26,024
- Receivables within one year +€23,000
up €23,000 (+9.8%), from €235,700 to €258,700
of which Other amounts receivable: +€31,000
- Other debts +€358,488
up €358,488 (+448,110%), from €80 to €358,568
- Reserves -€242,148
down €242,148 (-93.7%), from €258,455 to €16,307
of which Distributable reserves: -€242,148
- Tax, wage and social debts -€26,116
down €26,116 (-34.8%), from €75,078 to €48,962
- Current portion of long-term debt +€17,331
new in 2025: €17,331
- Gross operating margin +€8,516
up €8,516 (+4.8%), from €176,163 to €184,679
- Taxes +€2,593
up €2,593 (+8.1%), from €31,943 to €34,536
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 | €335,056 | €441,554 | +€106,498 | +31.8% |
| Fixed assets | 21/28 | €92,627 | €63,524 | -€29,104 | -31.4% |
| Tangible fixed assets | 22/27 | €92,518 | €63,415 | -€29,104 | -31.5% |
| Land and buildings | 22 | €3,659 | €2,368 | -€1,292 | -35.3% |
| Plant, machinery and equipment | 23 | €3,428 | €1,640 | -€1,789 | -52.2% |
| Furniture and vehicles | 24 | €85,431 | €59,407 | -€26,024 | -30.5% |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €242,429 | €378,031 | +€135,602 | +55.9% |
| Stocks and contracts in progress | 3 | - | €114,844 | +€114,844 | |
| Stocks | 30/36 | - | €114,844 | +€114,844 | |
| Amounts receivable within one year | 40/41 | €235,700 | €258,700 | +€23,000 | +9.8% |
| Trade receivables | 40 | €24,200 | €16,200 | -€8,000 | -33.1% |
| Other amounts receivable | 41 | €211,500 | €242,500 | +€31,000 | +14.7% |
| Cash at bank and in hand | 54/58 | €5,818 | €3,694 | -€2,124 | -36.5% |
| Deferred charges and accrued income | 490/1 | €910 | €792 | -€119 | -13.0% |
| Total equity and liabilities | 10/49 | €335,056 | €441,554 | +€106,498 | +31.8% |
| Equity | 10/15 | €258,455 | €16,307 | -€242,148 | -93.7% |
| Reserves | 13 | €258,455 | €16,307 | -€242,148 | -93.7% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €248,455 | €6,307 | -€242,148 | -97.5% |
| Amounts payable | 17/49 | €76,601 | €425,247 | +€348,646 | +455% |
| Amounts payable within one year | 42/48 | €76,601 | €424,862 | +€348,261 | +455% |
| Current portion of amounts payable after more than one year | 42 | - | €17,331 | +€17,331 | |
| Trade debts | 44 | €1,443 | - | -€1,443 | |
| Suppliers | 440/4 | €1,443 | - | -€1,443 | |
| Taxes, remuneration and social security | 45 | €75,078 | €48,962 | -€26,116 | -34.8% |
| Taxes | 450/3 | €75,078 | €48,962 | -€26,116 | -34.8% |
| Other amounts payable | 47/48 | €80 | €358,568 | +€358,488 | +448,110% |
| Accrued charges and deferred income | 492/3 | - | €385 | +€385 | |
| Remuneration, social security and pensions | 62 | - | €1,665 | +€1,665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,997 | €29,104 | +€107 | +0.4% |
| Other operating charges | 640/8 | €1,437 | €1,234 | -€203 | -14.1% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €176,163 | €184,679 | +€8,516 | +4.8% |
| Operating profit (loss) | 9901 | €145,729 | €152,675 | +€6,946 | +4.8% |
| Financial charges | 65/66B | €155 | €287 | +€132 | +85.0% |
| Recurring financial charges | 65 | €155 | €287 | +€132 | +85.0% |
| Profit (loss) for the period before taxes | 9903 | €145,574 | €152,388 | +€6,814 | +4.7% |
| Income taxes | 67/77 | €31,943 | €34,536 | +€2,593 | +8.1% |
| Profit (loss) for the period | 9904 | €113,631 | €117,852 | +€4,221 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €113,631 | €117,852 | +€4,221 | +3.7% |
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 26 October 2026 via checked.be.