DELISTA: 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.
DELISTA
Largest movements
- Deferred charges and accrued income -€20,000
down €20,000 (-99.3%), from €20,145 to €145
- Cash +€11,399
new in 2025: €11,399
mainly Deferred charges and accrued income (+€20,000) and Receivables after one year (+€6,375)
- Receivables after one year -€6,375
down €6,375 (-12.3%), from €52,000 to €45,625
- Receivables within one year +€2,697
up €2,697 (+6.5%), from €41,812 to €44,509
of which Trade receivables: +€1,648
- Tangible fixed assets -€2,094
down €2,094 (-11.7%), from €17,936 to €15,842
- Trade debts -€14,244
down €14,244 (-60.5%), from €23,551 to €9,307
- Debts after one year -€5,268
down €5,268 (-66.9%), from €7,875 to €2,607
- Profit (loss) carried forward +€5,164
up €5,164 (+8.0%), from €64,440 to €69,604
- Current portion of long-term debt +€2,745
up €2,745 (+52.1%), from €5,268 to €8,013
- Short-term financial debts -€2,602
no longer reported in 2025 (was €2,602)
- Gross operating margin +€2,667
up €2,667 (+4.0%), from €66,756 to €69,423
- Staff costs -€2,280
down €2,280 (-4.0%), from €57,128 to €54,849
- Other operating charges -€750
down €750 (-62.6%), from €1,198 to €448
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 | €132,893 | €118,520 | -€14,373 | -10.8% |
| Fixed assets | 21/28 | €18,936 | €16,842 | -€2,094 | -11.1% |
| Tangible fixed assets | 22/27 | €17,936 | €15,842 | -€2,094 | -11.7% |
| Furniture and vehicles | 24 | €17,936 | €15,842 | -€2,094 | -11.7% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €113,958 | €101,679 | -€12,279 | -10.8% |
| Amounts receivable after more than one year | 29 | €52,000 | €45,625 | -€6,375 | -12.3% |
| Other amounts receivable | 291 | €52,000 | €45,625 | -€6,375 | -12.3% |
| Amounts receivable within one year | 40/41 | €41,812 | €44,509 | +€2,697 | +6.5% |
| Trade receivables | 40 | €40,929 | €42,577 | +€1,648 | +4.0% |
| Other amounts receivable | 41 | €883 | €1,933 | +€1,049 | +118.8% |
| Cash at bank and in hand | 54/58 | - | €11,399 | +€11,399 | |
| Deferred charges and accrued income | 490/1 | €20,145 | €145 | -€20,000 | -99.3% |
| Total equity and liabilities | 10/49 | €132,893 | €118,520 | -€14,373 | -10.8% |
| Equity | 10/15 | €71,711 | €76,875 | +€5,164 | +7.2% |
| Reserves | 13 | €7,271 | €7,271 | = | 0.0% |
| Distributable reserves | 133 | €7,271 | €7,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,440 | €69,604 | +€5,164 | +8.0% |
| Amounts payable | 17/49 | €61,182 | €41,645 | -€19,536 | -31.9% |
| Amounts payable after more than one year | 17 | €7,875 | €2,607 | -€5,268 | -66.9% |
| Financial debts | 170/4 | €7,875 | €2,607 | -€5,268 | -66.9% |
| Amounts payable within one year | 42/48 | €53,307 | €39,038 | -€14,268 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €5,268 | €8,013 | +€2,745 | +52.1% |
| Financial debts | 43 | €2,602 | - | -€2,602 | |
| Credit institutions | 430/8 | €2,602 | - | -€2,602 | |
| Trade debts | 44 | €23,551 | €9,307 | -€14,244 | -60.5% |
| Suppliers | 440/4 | €23,551 | €9,307 | -€14,244 | -60.5% |
| Taxes, remuneration and social security | 45 | €19,438 | €20,754 | +€1,316 | +6.8% |
| Taxes | 450/3 | €9,261 | €8,039 | -€1,222 | -13.2% |
| Remuneration and social security | 454/9 | €10,177 | €12,715 | +€2,538 | +24.9% |
| Other amounts payable | 47/48 | €2,448 | €965 | -€1,483 | -60.6% |
| Remuneration, social security and pensions | 62 | €57,128 | €54,849 | -€2,280 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,850 | €5,373 | +€524 | +10.8% |
| Other operating charges | 640/8 | €1,198 | €448 | -€750 | -62.6% |
| Gross operating margin | 9900 | €66,756 | €69,423 | +€2,667 | +4.0% |
| Operating profit (loss) | 9901 | €3,580 | €8,753 | +€5,173 | +144.5% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €200 | €553 | +€353 | +176.4% |
| Recurring financial charges | 65 | €200 | €553 | +€353 | +176.4% |
| Profit (loss) for the period before taxes | 9903 | €3,380 | €8,210 | +€4,830 | +142.9% |
| Income taxes | 67/77 | €2,593 | €3,046 | +€454 | +17.5% |
| Profit (loss) for the period | 9904 | €787 | €5,164 | +€4,376 | +555.9% |
| Profit (loss) for the period to be appropriated | 9905 | €787 | €5,164 | +€4,376 | +555.9% |
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 2 October 2026 via checked.be.