DELKIN: 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.
DELKIN
Largest movements
- Current investments +€1.1m
up €1.1m (+25.9%), from €4.1m to €5.2m
- Reserves +€1.2m
up €1.2m (+31.9%), from €3.6m to €4.8m
- Other debts -€96,800
down €96,800 (-100.0%), from €96,800 to €0
- Financial income +€777,658
up €777,658 (+102.2%), from €760,698 to €1.5m
- Financial charges +€320,221
up €320,221, from -€90,328 to €229,893
- Gross operating margin -€82,087
down €82,087, from €78,760 to -€3,327
- Taxes +€26,383
up €26,383 (+22.6%), from €116,694 to €143,077
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 | €8,077,838 | €9,145,088 | +€1.1m | +13.2% |
| Fixed assets | 21/28 | €2,448,828 | €2,448,828 | = | 0.0% |
| Financial fixed assets | 28 | €2,448,828 | €2,448,828 | = | 0.0% |
| Current assets | 29/58 | €5,629,010 | €6,696,260 | +€1.1m | +19.0% |
| Amounts receivable after more than one year | 29 | €1,010,000 | €1,010,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,010,000 | €1,010,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,945 | €15,654 | +€5,709 | +57.4% |
| Trade receivables | 40 | €9,945 | €4,500 | -€5,445 | -54.8% |
| Other amounts receivable | 41 | €0 | €11,154 | +€11,154 | |
| Current investments | 50/53 | €4,149,868 | €5,223,572 | +€1.1m | +25.9% |
| Cash at bank and in hand | 54/58 | €454,145 | €429,889 | -€24,256 | -5.3% |
| Deferred charges and accrued income | 490/1 | €5,052 | €17,144 | +€12,092 | +239.3% |
| Total equity and liabilities | 10/49 | €8,077,838 | €9,145,088 | +€1.1m | +13.2% |
| Equity | 10/15 | €7,893,719 | €9,054,585 | +€1.2m | +14.7% |
| Contributions | 10/11 | €4,250,000 | €4,250,000 | = | 0.0% |
| Reserves | 13 | €3,642,944 | €4,803,794 | +€1.2m | +31.9% |
| Distributable reserves | 133 | €3,642,944 | €4,803,794 | +€1.2m | +31.9% |
| Profit (loss) carried forward | 14 | €775 | €791 | +€16 | +2.0% |
| Amounts payable | 17/49 | €184,119 | €90,503 | -€93,616 | -50.8% |
| Amounts payable within one year | 42/48 | €184,119 | €90,503 | -€93,616 | -50.8% |
| Trade debts | 44 | €756 | €4,262 | +€3,506 | +464.0% |
| Suppliers | 440/4 | €756 | €4,262 | +€3,506 | +464.0% |
| Taxes, remuneration and social security | 45 | €86,563 | €86,241 | -€322 | -0.4% |
| Taxes | 450/3 | €84,063 | €83,741 | -€322 | -0.4% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €96,800 | €0 | -€96,800 | -100.0% |
| Other operating charges | 640/8 | €1,075 | €1,194 | +€118 | +11.0% |
| Gross operating margin | 9900 | €78,760 | -€3,327 | -€82,087 | |
| Operating profit (loss) | 9901 | €77,685 | -€4,521 | -€82,206 | |
| Financial income | 75/76B | €760,698 | €1,538,356 | +€777,658 | +102.2% |
| Recurring financial income | 75 | €760,698 | €1,538,356 | +€777,658 | +102.2% |
| Financial charges | 65/66B | -€90,328 | €229,893 | +€320,221 | |
| Recurring financial charges | 65 | -€90,328 | €229,893 | +€320,221 | |
| Profit (loss) for the period before taxes | 9903 | €928,711 | €1,303,943 | +€375,232 | +40.4% |
| Income taxes | 67/77 | €116,694 | €143,077 | +€26,383 | +22.6% |
| Profit (loss) for the period | 9904 | €812,017 | €1,160,866 | +€348,849 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €812,017 | €1,160,866 | +€348,849 | +43.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.