DELLAERT-STANDAERT: 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
DELLAERT-STANDAERT
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€94,891
2024 · €126,774-€31,883
Equity
€165,000
2024 · €165,000
Cash
€427,108
2024 · €425,737+€1,371
Balance sheet total
€1.6m
2024 · €1.0m+€547,576
Largest movements
Assets
- Tangible fixed assets +€512,253
up €512,253 (+206%), from €248,137 to €760,390
of which Plant, machinery and equipment: +€518,884
- Stocks and contracts +€41,547
up €41,547 (+15.6%), from €266,459 to €308,006
Equity and liabilities
- Debts after one year +€411,118
up €411,118 (+911%), from €45,128 to €456,246
- Trade debts +€175,979
up €175,979 (+44.0%), from €400,207 to €576,186
- Other debts -€90,693
down €90,693 (-29.2%), from €310,885 to €220,191
- Current portion of long-term debt +€46,311
up €46,311 (+140%), from €33,090 to €79,401
Income statement
- Gross operating margin -€35,795
down €35,795 (-4.4%), from €816,274 to €780,479
- Taxes -€27,132
down €27,132 (-76.3%), from €35,564 to €8,432
- Depreciation +€17,026
up €17,026 (+15.8%), from €108,029 to €125,055
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
€126,774
Gross operating margin
-€35,795
Staff costs
-€1,358
Depreciation
-€17,026
Other operating charges
+€977
Other operating items
+€604
Financial income
+€1,358
Financial charges
-€7,775
Taxes
+€27,132
Result 2025
€94,891
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€276,961
Investment
-€638,128
Financing
+€362,538
Cash 2024
€425,737
From operations (derived)
+€276,961
Net result for the year
+€94,891
Depreciation
+€125,055
Stocks and contracts
-€41,547
Receivables within one year
+€340
Deferred charges and accrued income
+€8,074
Trade debts
+€175,979
Tax, wage and social debts
+€4,861
Other debts
-€90,693
Investment (derived)
-€638,128
Investment in fixed assets (net)
-€638,128
Financing
+€362,538
Debts after one year
+€411,118
Current portion of long-term debt
+€46,311
Contributions, distributions and other
-€94,891
Cash 2025
€427,108
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,022,795 | €1,570,371 | +€547,576 | +53.5% |
| Fixed assets | 21/28 | €252,397 | €765,470 | +€513,073 | +203% |
| Tangible fixed assets | 22/27 | €248,137 | €760,390 | +€512,253 | +206% |
| Plant, machinery and equipment | 23 | €112,277 | €631,161 | +€518,884 | +462% |
| Furniture and vehicles | 24 | €50,626 | €31,486 | -€19,140 | -37.8% |
| Leasing and similar rights | 25 | €20,244 | €15,044 | -€5,200 | -25.7% |
| Other tangible fixed assets | 26 | €64,990 | €82,699 | +€17,709 | +27.2% |
| Financial fixed assets | 28 | €4,260 | €5,080 | +€820 | +19.2% |
| Current assets | 29/58 | €770,398 | €804,901 | +€34,503 | +4.5% |
| Stocks and contracts in progress | 3 | €266,459 | €308,006 | +€41,547 | +15.6% |
| Stocks | 30/36 | €266,459 | €308,006 | +€41,547 | +15.6% |
| Amounts receivable within one year | 40/41 | €35,470 | €35,130 | -€340 | -1.0% |
| Trade receivables | 40 | €30,894 | €33,331 | +€2,437 | +7.9% |
| Other amounts receivable | 41 | €4,576 | €1,798 | -€2,777 | -60.7% |
| Cash at bank and in hand | 54/58 | €425,737 | €427,108 | +€1,371 | +0.3% |
| Deferred charges and accrued income | 490/1 | €42,732 | €34,658 | -€8,074 | -18.9% |
| Total equity and liabilities | 10/49 | €1,022,795 | €1,570,371 | +€547,576 | +53.5% |
| Equity | 10/15 | €165,000 | €165,000 | = | 0.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €857,795 | €1,405,371 | +€547,576 | +63.8% |
| Amounts payable after more than one year | 17 | €45,128 | €456,246 | +€411,118 | +911% |
| Financial debts | 170/4 | €45,128 | €456,246 | +€411,118 | +911% |
| Amounts payable within one year | 42/48 | €812,667 | €949,125 | +€136,458 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €33,090 | €79,401 | +€46,311 | +140% |
| Trade debts | 44 | €400,207 | €576,186 | +€175,979 | +44.0% |
| Suppliers | 440/4 | €400,207 | €576,186 | +€175,979 | +44.0% |
| Taxes, remuneration and social security | 45 | €68,485 | €73,346 | +€4,861 | +7.1% |
| Taxes | 450/3 | €22,950 | €22,622 | -€328 | -1.4% |
| Remuneration and social security | 454/9 | €45,535 | €50,725 | +€5,190 | +11.4% |
| Other amounts payable | 47/48 | €310,885 | €220,191 | -€90,693 | -29.2% |
| Remuneration, social security and pensions | 62 | €510,447 | €511,805 | +€1,358 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,029 | €125,055 | +€17,026 | +15.8% |
| Other operating charges | 640/8 | €2,821 | €1,843 | -€977 | -34.7% |
| Non-recurring operating charges | 66A | €864 | €260 | -€604 | -69.9% |
| Gross operating margin | 9900 | €816,274 | €780,479 | -€35,795 | -4.4% |
| Operating profit (loss) | 9901 | €194,113 | €141,516 | -€52,597 | -27.1% |
| Financial income | 75/76B | €1,399 | €2,757 | +€1,358 | +97.1% |
| Recurring financial income | 75 | €1,399 | €2,757 | +€1,358 | +97.1% |
| Financial charges | 65/66B | €33,174 | €40,949 | +€7,775 | +23.4% |
| Recurring financial charges | 65 | €33,174 | €40,949 | +€7,775 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €162,338 | €103,324 | -€59,015 | -36.4% |
| Income taxes | 67/77 | €35,564 | €8,432 | -€27,132 | -76.3% |
| Profit (loss) for the period | 9904 | €126,774 | €94,891 | -€31,883 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €126,774 | €94,891 | -€31,883 | -25.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.