DELKRA: 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.
DELKRA
Largest movements
- Cash -€508,180
down €508,180 (-27.4%), from €1.9m to €1.3m
mainly Trade debts (-€1.6m) and Contributions, distributions and other (-€440,000)
- Tangible fixed assets -€178,924
down €178,924 (-9.7%), from €1.8m to €1.7m
of which Plant, machinery and equipment: -€184,799
- Stocks and contracts +€132,300
up €132,300 (+14.3%), from €925,366 to €1.1m
- Deferred charges and accrued income -€114,904
down €114,904 (-34.1%), from €337,149 to €222,246
- Intangible fixed assets -€78,765
down €78,765 (-11.1%), from €710,611 to €631,846
- Trade debts -€1.6m
down €1.6m (-68.8%), from €2.4m to €745,358
- Other debts +€437,184
up €437,184 (+11521.7%), from €3,794 to €440,978
- Reserves +€343,400
new in 2026: €343,400
of which Distributable reserves: +€175,000
- Debts after one year -€318,976
down €318,976 (-13.7%), from €2.3m to €2.0m
- Tax, wage and social debts +€195,299
up €195,299 (+47.7%), from €409,638 to €604,937
of which Taxes: +€252,226
- Turnover -€24.2m
no longer reported in 2026 (was €24.2m)
- Goods and materials -€20.1m
no longer reported in 2026 (was €20.1m)
of which Purchases: -€21.0m
- Gross operating margin +€4.2m
new in 2026: €4.2m
- Services and other goods -€1.6m
no longer reported in 2026 (was €1.6m)
- Other operating income -€995,904
no longer reported in 2026 (was €995,904)
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.
Cash bridge derived
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 | €5,754,075 | €4,964,347 | -€789,728 | -13.7% |
| Fixed assets | 21/28 | €2,551,980 | €2,294,291 | -€257,689 | -10.1% |
| Intangible fixed assets | 21 | €710,611 | €631,846 | -€78,765 | -11.1% |
| Tangible fixed assets | 22/27 | €1,841,369 | €1,662,445 | -€178,924 | -9.7% |
| Plant, machinery and equipment | 23 | €1,836,075 | €1,651,276 | -€184,799 | -10.1% |
| Furniture and vehicles | 24 | €5,294 | €11,168 | +€5,875 | +111.0% |
| Current assets | 29/58 | €3,202,094 | €2,670,056 | -€532,038 | -16.6% |
| Stocks and contracts in progress | 3 | €925,366 | €1,057,667 | +€132,300 | +14.3% |
| Stocks | 30/36 | €925,366 | €1,057,667 | +€132,300 | +14.3% |
| Goods purchased for resale | 34 | €925,366 | - | -€925,366 | |
| Amounts receivable within one year | 40/41 | €85,655 | €44,401 | -€41,254 | -48.2% |
| Trade receivables | 40 | €78,840 | €44,401 | -€34,439 | -43.7% |
| Other amounts receivable | 41 | €6,815 | - | -€6,815 | |
| Cash at bank and in hand | 54/58 | €1,853,923 | €1,345,743 | -€508,180 | -27.4% |
| Deferred charges and accrued income | 490/1 | €337,149 | €222,246 | -€114,904 | -34.1% |
| Total equity and liabilities | 10/49 | €5,754,075 | €4,964,347 | -€789,728 | -13.7% |
| Equity | 10/15 | €108,967 | €497,240 | +€388,273 | +356.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | - | €343,400 | +€343,400 | |
| Tax-exempt reserves | 132 | - | €168,400 | +€168,400 | |
| Distributable reserves | 133 | - | €175,000 | +€175,000 | |
| Profit (loss) carried forward | 14 | -€41,033 | €3,840 | +€44,873 | |
| Amounts payable | 17/49 | €5,645,108 | €4,467,107 | -€1.2m | -20.9% |
| Amounts payable after more than one year | 17 | €2,332,558 | €2,013,581 | -€318,976 | -13.7% |
| Financial debts | 170/4 | €2,332,558 | €2,013,581 | -€318,976 | -13.7% |
| Subordinated loans | 170 | €450,000 | - | -€450,000 | |
| Credit institutions | 173 | €1,882,558 | - | -€1.9m | |
| Amounts payable within one year | 42/48 | €3,143,364 | €2,160,250 | -€983,114 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €340,674 | €368,976 | +€28,302 | +8.3% |
| Trade debts | 44 | €2,389,258 | €745,358 | -€1.6m | -68.8% |
| Suppliers | 440/4 | €2,389,258 | €745,358 | -€1.6m | -68.8% |
| Taxes, remuneration and social security | 45 | €409,638 | €604,937 | +€195,299 | +47.7% |
| Taxes | 450/3 | €9,142 | €261,368 | +€252,226 | +2758.9% |
| Remuneration and social security | 454/9 | €400,496 | €343,570 | -€56,926 | -14.2% |
| Other amounts payable | 47/48 | €3,794 | €440,978 | +€437,184 | +11521.7% |
| Accrued charges and deferred income | 492/3 | €169,186 | €293,276 | +€124,090 | +73.3% |
| Operating income | 70/76A | €25,185,854 | - | -€25.2m | |
| Turnover | 70 | €24,189,950 | - | -€24.2m | |
| Other operating income | 74 | €995,904 | - | -€995,904 | |
| Operating charges | 60/66A | €25,120,397 | - | -€25.1m | |
| Goods for resale, raw materials and consumables | 60 | €20,121,075 | - | -€20.1m | |
| Purchases | 600/8 | €21,046,441 | - | -€21.0m | |
| Change in stocks: decrease (increase) | 609 | -€925,366 | - | +€925,366 | |
| Services and other goods | 61 | €1,584,164 | - | -€1.6m | |
| Remuneration, social security and pensions | 62 | €3,060,280 | €2,597,799 | -€462,481 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €353,679 | €396,823 | +€43,144 | +12.2% |
| Other operating charges | 640/8 | €1,200 | €1,806 | +€606 | +50.5% |
| Gross operating margin | 9900 | - | €4,213,679 | +€4.2m | |
| Operating profit (loss) | 9901 | €65,457 | €1,217,252 | +€1.2m | +1759.6% |
| Financial income | 75/76B | €5,028 | €4,634 | -€394 | -7.8% |
| Recurring financial income | 75 | €5,028 | €4,634 | -€394 | -7.8% |
| Income from current assets | 751 | €5,026 | - | -€5,026 | |
| Other financial income | 752/9 | €2 | - | -€2 | |
| Financial charges | 65/66B | €111,518 | €117,290 | +€5,772 | +5.2% |
| Recurring financial charges | 65 | €111,518 | €117,290 | +€5,772 | +5.2% |
| Debt charges | 650 | €94,885 | - | -€94,885 | |
| Other financial charges | 652/9 | €16,633 | - | -€16,633 | |
| Profit (loss) for the period before taxes | 9903 | -€41,033 | €1,104,595 | +€1.1m | |
| Income taxes | 67/77 | - | €276,323 | +€276,323 | |
| Profit (loss) for the period | 9904 | -€41,033 | €828,273 | +€869,306 | |
| Transfer to tax-exempt reserves | 689 | - | €168,400 | +€168,400 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,033 | €659,873 | +€700,906 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.