DELIVINO: 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.
DELIVINO
Largest movements
- Cash -€43,930
down €43,930 (-52.0%), from €84,418 to €40,488
mainly Other debts (-€39,328) and Current portion of long-term debt (-€21,293)
- Tangible fixed assets -€32,461
down €32,461 (-20.4%), from €158,786 to €126,325
of which Other tangible fixed assets: -€22,921
- Deferred charges and accrued income +€10,900
up €10,900 (+314%), from €3,476 to €14,376
- Receivables within one year +€5,526
up €5,526 (+11.9%), from €46,559 to €52,085
of which Trade receivables: +€11,619
- Other debts -€39,328
down €39,328 (-29.3%), from €134,414 to €95,086
- Current portion of long-term debt -€21,293
down €21,293 (-65.8%), from €32,362 to €11,070
- Reserves +€21,278
up €21,278 (+14.8%), from €144,011 to €165,290
- Tax, wage and social debts -€19,345
down €19,345 (-79.4%), from €24,359 to €5,015
of which Taxes: -€21,345
- Trade debts +€15,698
up €15,698 (+33.3%), from €47,138 to €62,835
- Gross operating margin -€29,928
down €29,928 (-22.1%), from €135,481 to €105,552
- Taxes -€6,596
down €6,596 (-41.1%), from €16,068 to €9,472
- Financial charges -€5,736
down €5,736 (-37.2%), from €15,424 to €9,688
- Other operating charges +€2,688
up €2,688 (+10.9%), from €24,710 to €27,398
- Depreciation -€1,633
down €1,633 (-4.3%), from €38,236 to €36,603
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €422,843 | €365,762 | -€57,082 | -13.5% |
| Fixed assets | 21/28 | €162,100 | €128,868 | -€33,233 | -20.5% |
| Intangible fixed assets | 21 | €2,315 | €1,543 | -€772 | -33.3% |
| Tangible fixed assets | 22/27 | €158,786 | €126,325 | -€32,461 | -20.4% |
| Land and buildings | 22 | €53,992 | €43,364 | -€10,628 | -19.7% |
| Plant, machinery and equipment | 23 | €6,008 | €7,368 | +€1,360 | +22.6% |
| Furniture and vehicles | 24 | €2,173 | €1,901 | -€272 | -12.5% |
| Other tangible fixed assets | 26 | €96,613 | €73,691 | -€22,921 | -23.7% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €260,743 | €236,894 | -€23,849 | -9.1% |
| Stocks and contracts in progress | 3 | €114,330 | €117,985 | +€3,655 | +3.2% |
| Stocks | 30/36 | €114,330 | €117,985 | +€3,655 | +3.2% |
| Amounts receivable within one year | 40/41 | €46,559 | €52,085 | +€5,526 | +11.9% |
| Trade receivables | 40 | €36,972 | €48,590 | +€11,619 | +31.4% |
| Other amounts receivable | 41 | €9,588 | €3,495 | -€6,093 | -63.5% |
| Current investments | 50/53 | €11,960 | €11,960 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €84,418 | €40,488 | -€43,930 | -52.0% |
| Deferred charges and accrued income | 490/1 | €3,476 | €14,376 | +€10,900 | +314% |
| Total equity and liabilities | 10/49 | €422,843 | €365,762 | -€57,082 | -13.5% |
| Equity | 10/15 | €162,611 | €183,890 | +€21,278 | +13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,011 | €165,290 | +€21,278 | +14.8% |
| Distributable reserves | 133 | €144,011 | €165,290 | +€21,278 | +14.8% |
| Amounts payable | 17/49 | €260,232 | €181,872 | -€78,360 | -30.1% |
| Amounts payable after more than one year | 17 | €11,070 | - | -€11,070 | |
| Financial debts | 170/4 | €11,070 | - | -€11,070 | |
| Amounts payable within one year | 42/48 | €238,274 | €174,006 | -€64,267 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €32,362 | €11,070 | -€21,293 | -65.8% |
| Trade debts | 44 | €47,138 | €62,835 | +€15,698 | +33.3% |
| Suppliers | 440/4 | €47,138 | €62,835 | +€15,698 | +33.3% |
| Taxes, remuneration and social security | 45 | €24,359 | €5,015 | -€19,345 | -79.4% |
| Taxes | 450/3 | €24,359 | €3,015 | -€21,345 | -87.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €134,414 | €95,086 | -€39,328 | -29.3% |
| Accrued charges and deferred income | 492/3 | €10,889 | €7,866 | -€3,023 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,236 | €36,603 | -€1,633 | -4.3% |
| Other operating charges | 640/8 | €24,710 | €27,398 | +€2,688 | +10.9% |
| Gross operating margin | 9900 | €135,481 | €105,552 | -€29,928 | -22.1% |
| Operating profit (loss) | 9901 | €72,534 | €41,551 | -€30,983 | -42.7% |
| Financial income | 75/76B | €762 | €553 | -€209 | -27.4% |
| Recurring financial income | 75 | €762 | €553 | -€209 | -27.4% |
| Financial charges | 65/66B | €15,424 | €9,688 | -€5,736 | -37.2% |
| Recurring financial charges | 65 | €15,424 | €9,688 | -€5,736 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €57,872 | €32,416 | -€25,456 | -44.0% |
| Income taxes | 67/77 | €16,068 | €9,472 | -€6,596 | -41.1% |
| Profit (loss) for the period | 9904 | €41,804 | €22,944 | -€18,860 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,804 | €22,944 | -€18,860 | -45.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.