DELKA: 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.
What changed
DELKA
NACE 10.840, Manufacture of food products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €2.3m-€726,959
Equity
€6.4m
2024 · €4.8m+€1.6m
Cash
€348,310
2024 · €597,431-€249,121
Balance sheet total
€23.6m
2024 · €17.8m+€5.8m
Largest movements
Assets
- Financial fixed assets +€2.4m
up €2.4m (+160000.0%), from €1,500 to €2.4m
of which Companies linked by participating interests: +€2.4m
- Tangible fixed assets +€2.1m
up €2.1m (+25.2%), from €8.4m to €10.5m
- Receivables within one year +€998,153
up €998,153 (+20.1%), from €5.0m to €6.0m
of which Trade receivables: +€896,104
- Stocks and contracts +€525,093
up €525,093 (+14.2%), from €3.7m to €4.2m
- Cash -€249,121
down €249,121 (-41.7%), from €597,431 to €348,310
mainly Investment in fixed assets (net) (-€6.0m) and Receivables within one year (-€998,153)
Equity and liabilities
- Debts after one year +€3.0m
up €3.0m (+62.8%), from €4.7m to €7.7m
- Trade debts +€2.0m
up €2.0m (+87.5%), from €2.3m to €4.4m
- Profit (loss) carried forward +€1.6m
up €1.6m (+47.1%), from €3.4m to €5.0m
- Short-term financial debts -€685,159
down €685,159 (-27.6%), from €2.5m to €1.8m
- Accrued charges and deferred income -€397,333
down €397,333 (-85.6%), from €464,282 to €66,949
Income statement
- Turnover +€4.6m
up €4.6m (+13.4%), from €34.1m to €38.7m
- Goods and materials +€4.1m
up €4.1m (+18.1%), from €22.6m to €26.7m
of which Purchases: +€4.8m
- Services and other goods +€816,457
up €816,457 (+23.3%), from €3.5m to €4.3m
- Staff costs +€562,108
up €562,108 (+15.4%), from €3.7m to €4.2m
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.
Result 2024
€2.3m
Turnover
+€4.6m
Other operating income
+€25,034
Goods and materials
-€4.1m
Services and other goods
-€816,457
Staff costs
-€562,108
Depreciation
-€52,483
Write-downs
+€91,227
Other operating charges
-€621
Other operating items
+€221,590
Financial income
-€174
Financial charges
-€83,151
Taxes
-€35,268
Result 2025
€1.6m
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.
From operations
+€3.3m
Investment
-€6.0m
Financing
+€2.4m
Cash 2024
€597,431
From operations (derived)
+€3.3m
Net result for the year
+€1.6m
Depreciation
+€1.4m
Stocks and contracts
-€525,093
Receivables within one year
-€998,153
Smaller working-capital items
+€9,053
Trade debts
+€2.0m
Tax, wage and social debts
+€126,562
Accrued charges and deferred income
-€397,333
Investment (derived)
-€6.0m
Investment in fixed assets (net)
-€6.0m
Financing
+€2.4m
Debts after one year
+€3.0m
Current portion of long-term debt
+€137,898
Short-term financial debts
-€685,159
Contributions, distributions and other
-€15,860
Cash 2025
€348,310
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,820,828 | €23,601,779 | +€5.8m | +32.4% |
| Fixed assets | 21/28 | €8,411,220 | €12,925,300 | +€4.5m | +53.7% |
| Intangible fixed assets | 21 | €5,052 | €1,903 | -€3,149 | -62.3% |
| Tangible fixed assets | 22/27 | €8,404,667 | €10,521,896 | +€2.1m | +25.2% |
| Land and buildings | 22 | €5,151,745 | €5,399,860 | +€248,116 | +4.8% |
| Plant, machinery and equipment | 23 | €1,306,517 | €2,303,046 | +€996,529 | +76.3% |
| Furniture and vehicles | 24 | €82,233 | €68,234 | -€13,998 | -17.0% |
| Leasing and similar rights | 25 | €1,864,173 | €2,727,756 | +€863,582 | +46.3% |
| Assets under construction and advance payments | 27 | €0 | €23,000 | +€23,000 | |
| Financial fixed assets | 28 | €1,500 | €2,401,500 | +€2.4m | +160000.0% |
| Companies linked by participating interests | 282/3 | €0 | €2,400,000 | +€2.4m | |
| Participating interests | 282 | €0 | €2,400,000 | +€2.4m | |
| Other financial fixed assets | 284/8 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €9,409,608 | €10,676,480 | +€1.3m | +13.5% |
| Stocks and contracts in progress | 3 | €3,692,587 | €4,217,680 | +€525,093 | +14.2% |
| Stocks | 30/36 | €3,692,587 | €4,217,680 | +€525,093 | +14.2% |
| Raw materials and consumables | 30/31 | €2,389,459 | €2,783,225 | +€393,766 | +16.5% |
| Finished goods | 33 | €1,303,128 | €1,434,455 | +€131,327 | +10.1% |
| Amounts receivable within one year | 40/41 | €4,961,928 | €5,960,081 | +€998,153 | +20.1% |
| Trade receivables | 40 | €4,609,369 | €5,505,473 | +€896,104 | +19.4% |
| Other amounts receivable | 41 | €352,559 | €454,608 | +€102,049 | +28.9% |
| Cash at bank and in hand | 54/58 | €597,431 | €348,310 | -€249,121 | -41.7% |
| Deferred charges and accrued income | 490/1 | €157,662 | €150,409 | -€7,253 | -4.6% |
| Total equity and liabilities | 10/49 | €17,820,828 | €23,601,779 | +€5.8m | +32.4% |
| Equity | 10/15 | €4,829,294 | €6,405,056 | +€1.6m | +32.6% |
| Contributions | 10/11 | €1,193,821 | €1,193,821 | = | 0.0% |
| Capital | 10 | €1,172,286 | €1,172,286 | = | 0.0% |
| Issued capital | 100 | €1,172,286 | €1,172,286 | = | 0.0% |
| Contributions outside capital | 11 | €21,535 | €21,535 | = | 0.0% |
| Share premium | 1100/10 | €21,535 | €21,535 | = | 0.0% |
| Reserves | 13 | €202,868 | €202,868 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,229 | €17,229 | = | 0.0% |
| Legal reserve | 130 | €17,229 | €17,229 | = | 0.0% |
| Tax-exempt reserves | 132 | €85,639 | €85,639 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,375,736 | €4,967,359 | +€1.6m | +47.1% |
| Investment grants | 15 | €56,869 | €41,009 | -€15,860 | -27.9% |
| Amounts payable | 17/49 | €12,991,534 | €17,196,723 | +€4.2m | +32.4% |
| Amounts payable after more than one year | 17 | €4,737,919 | €7,711,915 | +€3.0m | +62.8% |
| Financial debts | 170/4 | €4,737,919 | €7,711,915 | +€3.0m | +62.8% |
| Leasing and similar obligations | 172 | €1,764,126 | €2,354,490 | +€590,365 | +33.5% |
| Credit institutions | 173 | €2,973,794 | €3,557,425 | +€583,632 | +19.6% |
| Other loans | 174 | - | €1,800,000 | +€1.8m | |
| Amounts payable within one year | 42/48 | €7,789,333 | €9,417,859 | +€1.6m | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €1,409,577 | €1,547,475 | +€137,898 | +9.8% |
| Financial debts | 43 | €2,485,159 | €1,800,000 | -€685,159 | -27.6% |
| Credit institutions | 430/8 | €2,485,159 | €1,800,000 | -€685,159 | -27.6% |
| Trade debts | 44 | €2,340,507 | €4,387,932 | +€2.0m | +87.5% |
| Suppliers | 440/4 | €2,340,507 | €4,387,932 | +€2.0m | +87.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €640,739 | €767,302 | +€126,562 | +19.8% |
| Taxes | 450/3 | €140,560 | €160,766 | +€20,206 | +14.4% |
| Remuneration and social security | 454/9 | €500,179 | €606,535 | +€106,356 | +21.3% |
| Other amounts payable | 47/48 | €913,350 | €915,150 | +€1,800 | +0.2% |
| Accrued charges and deferred income | 492/3 | €464,282 | €66,949 | -€397,333 | -85.6% |
| Operating income | 70/76A | €34,453,680 | €39,288,440 | +€4.8m | +14.0% |
| Turnover | 70 | €34,118,204 | €38,706,340 | +€4.6m | +13.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€90,263 | €131,327 | +€221,590 | |
| Other operating income | 74 | €425,739 | €450,773 | +€25,034 | +5.9% |
| Operating charges | 60/66A | €31,313,638 | €36,756,764 | +€5.4m | +17.4% |
| Goods for resale, raw materials and consumables | 60 | €22,611,543 | €26,714,226 | +€4.1m | +18.1% |
| Purchases | 600/8 | €22,314,610 | €27,107,992 | +€4.8m | +21.5% |
| Change in stocks: decrease (increase) | 609 | €296,933 | -€393,766 | -€690,699 | |
| Services and other goods | 61 | €3,503,138 | €4,319,596 | +€816,457 | +23.3% |
| Remuneration, social security and pensions | 62 | €3,650,214 | €4,212,322 | +€562,108 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,393,922 | €1,446,405 | +€52,483 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €58,360 | -€32,867 | -€91,227 | |
| Other operating charges | 640/8 | €96,461 | €97,082 | +€621 | +0.6% |
| Operating profit (loss) | 9901 | €3,140,042 | €2,531,676 | -€608,365 | -19.4% |
| Financial income | 75/76B | €9,165 | €8,991 | -€174 | -1.9% |
| Recurring financial income | 75 | €9,165 | €8,991 | -€174 | -1.9% |
| Other financial income | 752/9 | €9,165 | €8,991 | -€174 | -1.9% |
| Financial charges | 65/66B | €319,145 | €402,296 | +€83,151 | +26.1% |
| Recurring financial charges | 65 | €319,145 | €402,296 | +€83,151 | +26.1% |
| Debt charges | 650 | €307,930 | €391,730 | +€83,800 | +27.2% |
| Other financial charges | 652/9 | €11,215 | €10,566 | -€649 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €2,830,062 | €2,138,371 | -€691,690 | -24.4% |
| Income taxes | 67/77 | €511,481 | €546,749 | +€35,268 | +6.9% |
| Taxes | 670/3 | €511,481 | €546,749 | +€35,268 | +6.9% |
| Profit (loss) for the period | 9904 | €2,318,581 | €1,591,622 | -€726,959 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,318,581 | €1,591,622 | -€726,959 | -31.4% |
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 11 October 2026 via checked.be.