DÉLISSE: 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.
DÉLISSE
Largest movements
- Tangible fixed assets +€30,112
up €30,112 (+9,618%), from €313 to €30,425
of which Furniture and vehicles: +€26,919
- Cash -€23,536
down €23,536 (-16.2%), from €145,052 to €121,516
mainly Investment in fixed assets (net) (-€34,475) and Trade debts (-€7,799)
- Reserves +€16,070
up €16,070 (+12.3%), from €130,996 to €147,067
- Trade debts -€7,799
down €7,799 (-91.0%), from €8,569 to €769
- Accrued charges and deferred income -€5,441
no longer reported in 2025 (was €5,441)
- Tax, wage and social debts +€5,087
up €5,087 (+39.8%), from €12,786 to €17,872
of which Taxes: +€2,929
- Gross operating margin +€34,664
up €34,664 (+26.5%), from €130,874 to €165,538
- Staff costs +€25,575
up €25,575 (+23.2%), from €110,034 to €135,609
- Depreciation +€3,657
up €3,657 (+518%), from €705 to €4,362
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 | €179,516 | €188,396 | +€8,881 | +4.9% |
| Fixed assets | 21/28 | €1,179 | €31,291 | +€30,112 | +2,553% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €313 | €30,425 | +€30,112 | +9,618% |
| Plant, machinery and equipment | 23 | €313 | €3,506 | +€3,193 | +1,020% |
| Furniture and vehicles | 24 | €0 | €26,919 | +€26,919 | |
| Financial fixed assets | 28 | €866 | €866 | = | 0.0% |
| Current assets | 29/58 | €178,336 | €157,105 | -€21,231 | -11.9% |
| Stocks and contracts in progress | 3 | €6,639 | €6,639 | = | 0.0% |
| Stocks | 30/36 | €6,639 | €6,639 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,744 | €27,186 | +€1,442 | +5.6% |
| Trade receivables | 40 | €2,585 | €6,350 | +€3,764 | +146% |
| Other amounts receivable | 41 | €23,158 | €20,837 | -€2,322 | -10.0% |
| Cash at bank and in hand | 54/58 | €145,052 | €121,516 | -€23,536 | -16.2% |
| Deferred charges and accrued income | 490/1 | €901 | €1,763 | +€862 | +95.7% |
| Total equity and liabilities | 10/49 | €179,516 | €188,396 | +€8,881 | +4.9% |
| Equity | 10/15 | €151,448 | €167,518 | +€16,070 | +10.6% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €130,996 | €147,067 | +€16,070 | +12.3% |
| Distributable reserves | 133 | €130,996 | €147,067 | +€16,070 | +12.3% |
| Amounts payable | 17/49 | €28,068 | €20,878 | -€7,190 | -25.6% |
| Amounts payable within one year | 42/48 | €22,627 | €20,878 | -€1,749 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €1,272 | €2,236 | +€964 | +75.8% |
| Trade debts | 44 | €8,569 | €769 | -€7,799 | -91.0% |
| Suppliers | 440/4 | €8,569 | €769 | -€7,799 | -91.0% |
| Taxes, remuneration and social security | 45 | €12,786 | €17,872 | +€5,087 | +39.8% |
| Taxes | 450/3 | €2,521 | €5,450 | +€2,929 | +116% |
| Remuneration and social security | 454/9 | €10,265 | €12,422 | +€2,157 | +21.0% |
| Accrued charges and deferred income | 492/3 | €5,441 | - | -€5,441 | |
| Non-recurring operating income | 76A | - | €8,000 | +€8,000 | |
| Remuneration, social security and pensions | 62 | €110,034 | €135,609 | +€25,575 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €4,362 | +€3,657 | +518% |
| Other operating charges | 640/8 | €1,685 | €1,658 | -€27 | -1.6% |
| Gross operating margin | 9900 | €130,874 | €165,538 | +€34,664 | +26.5% |
| Operating profit (loss) | 9901 | €18,449 | €23,909 | +€5,460 | +29.6% |
| Financial income | 75/76B | €1,423 | €1,493 | +€70 | +4.9% |
| Recurring financial income | 75 | €1,423 | €1,493 | +€70 | +4.9% |
| Financial charges | 65/66B | €373 | €1,854 | +€1,481 | +397% |
| Recurring financial charges | 65 | €373 | €1,854 | +€1,481 | +397% |
| Profit (loss) for the period before taxes | 9903 | €19,499 | €23,547 | +€4,049 | +20.8% |
| Income taxes | 67/77 | €5,948 | €7,477 | +€1,529 | +25.7% |
| Profit (loss) for the period | 9904 | €13,551 | €16,070 | +€2,520 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,551 | €16,070 | +€2,520 | +18.6% |
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 19 October 2026 via checked.be.