DELISE: 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.
DELISE
Largest movements
- Receivables within one year +€37,008
up €37,008 (+51.9%), from €71,299 to €108,307
of which Other amounts receivable: +€26,730
- Cash -€33,774
down €33,774 (-25.5%), from €132,473 to €98,699
mainly Contributions, distributions and other (-€51,415) and Receivables within one year (-€37,008)
- Tangible fixed assets +€9,629
up €9,629 (+67.4%), from €14,279 to €23,908
of which Furniture and vehicles: +€8,295
- Other debts +€22,275
up €22,275 (+76.4%), from €29,140 to €51,415
- Tax, wage and social debts -€6,861
down €6,861 (-38.2%), from €17,945 to €11,084
- Gross operating margin +€25,609
up €25,609 (+65.5%), from €39,101 to €64,711
- Taxes +€4,867
up €4,867 (+56.2%), from €8,658 to €13,525
- Financial income +€1,837
up €1,837 (+63.3%), from €2,903 to €4,740
- Other operating charges +€690
up €690 (+518%), from €133 to €823
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 | €219,596 | €233,867 | +€14,270 | +6.5% |
| Fixed assets | 21/28 | €14,279 | €23,908 | +€9,629 | +67.4% |
| Tangible fixed assets | 22/27 | €14,279 | €23,908 | +€9,629 | +67.4% |
| Furniture and vehicles | 24 | €14,279 | €22,575 | +€8,295 | +58.1% |
| Other tangible fixed assets | 26 | - | €1,334 | +€1,334 | |
| Current assets | 29/58 | €205,317 | €209,958 | +€4,641 | +2.3% |
| Amounts receivable within one year | 40/41 | €71,299 | €108,307 | +€37,008 | +51.9% |
| Trade receivables | 40 | €13,662 | €23,941 | +€10,279 | +75.2% |
| Other amounts receivable | 41 | €57,636 | €84,366 | +€26,730 | +46.4% |
| Cash at bank and in hand | 54/58 | €132,473 | €98,699 | -€33,774 | -25.5% |
| Deferred charges and accrued income | 490/1 | €1,546 | €2,953 | +€1,407 | +91.0% |
| Total equity and liabilities | 10/49 | €219,596 | €233,867 | +€14,270 | +6.5% |
| Equity | 10/15 | €170,583 | €170,583 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €167,583 | €167,583 | = | 0.0% |
| Distributable reserves | 133 | €167,583 | €167,583 | = | 0.0% |
| Amounts payable | 17/49 | €49,013 | €63,283 | +€14,270 | +29.1% |
| Amounts payable within one year | 42/48 | €48,677 | €63,277 | +€14,600 | +30.0% |
| Trade debts | 44 | €1,592 | €778 | -€814 | -51.1% |
| Suppliers | 440/4 | €1,592 | €778 | -€814 | -51.1% |
| Taxes, remuneration and social security | 45 | €17,945 | €11,084 | -€6,861 | -38.2% |
| Taxes | 450/3 | €17,945 | €11,084 | -€6,861 | -38.2% |
| Other amounts payable | 47/48 | €29,140 | €51,415 | +€22,275 | +76.4% |
| Accrued charges and deferred income | 492/3 | €336 | €6 | -€330 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,893 | €3,472 | -€421 | -10.8% |
| Other operating charges | 640/8 | €133 | €823 | +€690 | +518% |
| Gross operating margin | 9900 | €39,101 | €64,711 | +€25,609 | +65.5% |
| Operating profit (loss) | 9901 | €35,075 | €60,415 | +€25,340 | +72.2% |
| Financial income | 75/76B | €2,903 | €4,740 | +€1,837 | +63.3% |
| Recurring financial income | 75 | €2,903 | €4,740 | +€1,837 | +63.3% |
| Financial charges | 65/66B | €180 | €214 | +€34 | +19.0% |
| Recurring financial charges | 65 | €180 | €214 | +€34 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €37,798 | €64,940 | +€27,143 | +71.8% |
| Income taxes | 67/77 | €8,658 | €13,525 | +€4,867 | +56.2% |
| Profit (loss) for the period | 9904 | €29,140 | €51,415 | +€22,275 | +76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,140 | €51,415 | +€22,275 | +76.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.