DELLINCO: 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.
DELLINCO
Largest movements
- Cash +€532,905
up €532,905 (+542.8%), from €98,184 to €631,089
mainly Current investments (+€400,000) and Receivables after one year (+€55,459)
- Current investments -€400,000
down €400,000 (-100.0%), from €400,000 to €0
- Receivables after one year -€55,459
down €55,459 (-42.2%), from €131,484 to €76,025
- Tangible fixed assets -€52,501
down €52,501 (-7.3%), from €722,012 to €669,511
- Profit (loss) carried forward +€36,325
up €36,325 (+4.3%), from €854,184 to €890,510
- Gross operating margin +€12,730
up €12,730 (+19.3%), from €65,798 to €78,528
- Taxes +€4,496
up €4,496 (+56.6%), from €7,946 to €12,443
- Depreciation -€3,569
down €3,569 (-6.4%), from €56,070 to €52,501
- Financial income +€3,008
up €3,008 (+26.5%), from €11,358 to €14,366
- Other operating charges +€1,278
up €1,278 (+15.0%), from €8,548 to €9,827
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 | €1,425,255 | €1,440,192 | +€14,937 | +1.0% |
| Fixed assets | 21/28 | €723,089 | €669,511 | -€53,578 | -7.4% |
| Tangible fixed assets | 22/27 | €722,012 | €669,511 | -€52,501 | -7.3% |
| Land and buildings | 22 | €722,012 | €669,511 | -€52,501 | -7.3% |
| Financial fixed assets | 28 | €1,077 | €0 | -€1,077 | -100.0% |
| Current assets | 29/58 | €702,166 | €770,681 | +€68,515 | +9.8% |
| Amounts receivable after more than one year | 29 | €131,484 | €76,025 | -€55,459 | -42.2% |
| Other amounts receivable | 291 | €131,484 | €76,025 | -€55,459 | -42.2% |
| Amounts receivable within one year | 40/41 | €67,848 | €56,639 | -€11,209 | -16.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €67,848 | €56,639 | -€11,209 | -16.5% |
| Current investments | 50/53 | €400,000 | €0 | -€400,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €98,184 | €631,089 | +€532,905 | +542.8% |
| Deferred charges and accrued income | 490/1 | €4,651 | €6,928 | +€2,277 | +49.0% |
| Total equity and liabilities | 10/49 | €1,425,255 | €1,440,192 | +€14,937 | +1.0% |
| Equity | 10/15 | €1,365,198 | €1,387,807 | +€22,609 | +1.7% |
| Contributions | 10/11 | €246,742 | €246,742 | = | 0.0% |
| Reserves | 13 | €264,272 | €250,556 | -€13,717 | -5.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €180,115 | €166,398 | -€13,717 | -7.6% |
| Distributable reserves | 133 | €84,157 | €84,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | €854,184 | €890,510 | +€36,325 | +4.3% |
| Provisions and deferred taxes | 16 | €55,047 | €50,475 | -€4,572 | -8.3% |
| Deferred taxes | 168 | €55,047 | €50,475 | -€4,572 | -8.3% |
| Amounts payable | 17/49 | €5,010 | €1,910 | -€3,100 | -61.9% |
| Amounts payable within one year | 42/48 | €5,010 | €1,910 | -€3,100 | -61.9% |
| Trade debts | 44 | €3,610 | €210 | -€3,400 | -94.2% |
| Suppliers | 440/4 | €3,610 | €210 | -€3,400 | -94.2% |
| Taxes, remuneration and social security | 45 | €1,400 | €1,700 | +€300 | +21.4% |
| Taxes | 450/3 | €1,400 | €1,700 | +€300 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,070 | €52,501 | -€3,569 | -6.4% |
| Other operating charges | 640/8 | €8,548 | €9,827 | +€1,278 | +15.0% |
| Gross operating margin | 9900 | €65,798 | €78,528 | +€12,730 | +19.3% |
| Operating profit (loss) | 9901 | €1,181 | €16,201 | +€15,020 | +1272.3% |
| Financial income | 75/76B | €11,358 | €14,366 | +€3,008 | +26.5% |
| Recurring financial income | 75 | €11,358 | €14,366 | +€3,008 | +26.5% |
| Financial charges | 65/66B | €77 | €88 | +€11 | +14.7% |
| Recurring financial charges | 65 | €77 | €88 | +€11 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €12,463 | €30,479 | +€18,017 | +144.6% |
| Transfer from deferred taxes | 780 | €4,584 | €4,572 | -€11 | -0.2% |
| Income taxes | 67/77 | €7,946 | €12,443 | +€4,496 | +56.6% |
| Profit (loss) for the period | 9904 | €9,100 | €22,609 | +€13,509 | +148.5% |
| Transfer from tax-exempt reserves | 789 | €13,751 | €13,717 | -€34 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,850 | €36,325 | +€13,475 | +59.0% |
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 8 October 2026 via checked.be.