DELKA: 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.
DELKA
Largest movements
- Current investments +€128,857
new in 2025: €128,857
- Cash -€71,086
down €71,086 (-45.2%), from €157,256 to €86,170
mainly Current investments (-€128,857) and Investment in fixed assets (net) (-€1,279)
- Tangible fixed assets -€27,512
down €27,512 (-3.8%), from €720,185 to €692,673
of which Land and buildings: -€28,741
- Reserves +€20,155
up €20,155 (+22.4%), from €90,010 to €110,164
- Financial income +€3,429
new in 2025: €3,429
- Other operating charges -€2,793
down €2,793 (-30.6%), from €9,113 to €6,320
- Gross operating margin -€2,696
down €2,696 (-4.2%), from €64,008 to €61,312
- Taxes +€858
up €858 (+10.2%), from €8,431 to €9,288
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 | €900,422 | €922,541 | +€22,120 | +2.5% |
| Fixed assets | 21/28 | €720,185 | €692,673 | -€27,512 | -3.8% |
| Tangible fixed assets | 22/27 | €720,185 | €692,673 | -€27,512 | -3.8% |
| Land and buildings | 22 | €720,185 | €691,444 | -€28,741 | -4.0% |
| Furniture and vehicles | 24 | - | €1,229 | +€1,229 | |
| Current assets | 29/58 | €180,237 | €229,869 | +€49,632 | +27.5% |
| Amounts receivable within one year | 40/41 | €22,087 | €13,976 | -€8,111 | -36.7% |
| Trade receivables | 40 | €22,062 | €13,976 | -€8,087 | -36.7% |
| Other amounts receivable | 41 | €24 | - | -€24 | |
| Current investments | 50/53 | - | €128,857 | +€128,857 | |
| Cash at bank and in hand | 54/58 | €157,256 | €86,170 | -€71,086 | -45.2% |
| Deferred charges and accrued income | 490/1 | €894 | €866 | -€28 | -3.1% |
| Total equity and liabilities | 10/49 | €900,422 | €922,541 | +€22,120 | +2.5% |
| Equity | 10/15 | €890,010 | €910,164 | +€20,155 | +2.3% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €90,010 | €110,164 | +€20,155 | +22.4% |
| Distributable reserves | 133 | €90,010 | €110,164 | +€20,155 | +22.4% |
| Amounts payable | 17/49 | €10,412 | €12,377 | +€1,965 | +18.9% |
| Amounts payable within one year | 42/48 | €7,258 | €9,075 | +€1,818 | +25.0% |
| Trade debts | 44 | €3,129 | €2,051 | -€1,078 | -34.4% |
| Suppliers | 440/4 | €3,129 | €2,051 | -€1,078 | -34.4% |
| Taxes, remuneration and social security | 45 | €4,129 | €7,024 | +€2,895 | +70.1% |
| Taxes | 450/3 | €4,129 | €7,024 | +€2,895 | +70.1% |
| Accrued charges and deferred income | 492/3 | €3,154 | €3,301 | +€147 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,741 | €28,791 | +€50 | +0.2% |
| Other operating charges | 640/8 | €9,113 | €6,320 | -€2,793 | -30.6% |
| Non-recurring operating charges | 66A | €75 | - | -€75 | |
| Gross operating margin | 9900 | €64,008 | €61,312 | -€2,696 | -4.2% |
| Operating profit (loss) | 9901 | €26,079 | €26,200 | +€121 | +0.5% |
| Financial income | 75/76B | - | €3,429 | +€3,429 | |
| Recurring financial income | 75 | - | €3,429 | +€3,429 | |
| Financial charges | 65/66B | €198 | €186 | -€12 | -5.9% |
| Recurring financial charges | 65 | €198 | €186 | -€12 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €25,881 | €29,443 | +€3,562 | +13.8% |
| Income taxes | 67/77 | €8,431 | €9,288 | +€858 | +10.2% |
| Profit (loss) for the period | 9904 | €17,450 | €20,155 | +€2,704 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,450 | €20,155 | +€2,704 | +15.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.