DELMARCELLE MANAGEMENT: 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.
DELMARCELLE MANAGEMENT
Largest movements
- Receivables within one year -€8,000
no longer reported in 2025 (was €8,000)
- Cash +€7,349
up €7,349 (+261%), from €2,816 to €10,165
mainly Receivables within one year (+€8,000) and Net result for the year (+€7,333)
- Other debts -€9,217
down €9,217 (-93.3%), from €9,881 to €665
- Reserves +€7,333
up €7,333 (+67.2%), from €10,907 to €18,240
- Tax, wage and social debts +€1,110
up €1,110 (+21.6%), from €5,131 to €6,241
- Accrued charges and deferred income +€400
new in 2025: €400
- Gross operating margin -€3,236
down €3,236 (-17.5%), from €18,440 to €15,204
- Taxes +€1,428
up €1,428 (+31.8%), from €4,493 to €5,921
- Other operating charges -€1,003
down €1,003 (-49.6%), from €2,023 to €1,020
- Depreciation +€255
up €255 (+41.1%), from €620 to €875
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,396 | €31,160 | -€236 | -0.8% |
| Fixed assets | 21/28 | €20,539 | €20,701 | +€162 | +0.8% |
| Tangible fixed assets | 22/27 | €2,206 | €2,368 | +€162 | +7.3% |
| Furniture and vehicles | 24 | €1,227 | €1,491 | +€264 | +21.5% |
| Other tangible fixed assets | 26 | €979 | €877 | -€102 | -10.4% |
| Financial fixed assets | 28 | €18,333 | €18,333 | = | 0.0% |
| Current assets | 29/58 | €10,857 | €10,459 | -€398 | -3.7% |
| Amounts receivable within one year | 40/41 | €8,000 | - | -€8,000 | |
| Trade receivables | 40 | €8,000 | - | -€8,000 | |
| Cash at bank and in hand | 54/58 | €2,816 | €10,165 | +€7,349 | +261% |
| Deferred charges and accrued income | 490/1 | €40 | €294 | +€254 | +627% |
| Total equity and liabilities | 10/49 | €31,396 | €31,160 | -€236 | -0.8% |
| Equity | 10/15 | €15,907 | €23,240 | +€7,333 | +46.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,907 | €18,240 | +€7,333 | +67.2% |
| Distributable reserves | 133 | €10,907 | €18,240 | +€7,333 | +67.2% |
| Amounts payable | 17/49 | €15,489 | €7,920 | -€7,569 | -48.9% |
| Amounts payable within one year | 42/48 | €15,489 | €7,520 | -€7,969 | -51.4% |
| Trade debts | 44 | €477 | €615 | +€138 | +29.0% |
| Suppliers | 440/4 | €477 | €615 | +€138 | +29.0% |
| Taxes, remuneration and social security | 45 | €5,131 | €6,241 | +€1,110 | +21.6% |
| Taxes | 450/3 | €5,131 | €6,241 | +€1,110 | +21.6% |
| Other amounts payable | 47/48 | €9,881 | €665 | -€9,217 | -93.3% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €620 | €875 | +€255 | +41.1% |
| Other operating charges | 640/8 | €2,023 | €1,020 | -€1,003 | -49.6% |
| Gross operating margin | 9900 | €18,440 | €15,204 | -€3,236 | -17.5% |
| Operating profit (loss) | 9901 | €15,797 | €13,309 | -€2,489 | -15.8% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.5% |
| Recurring financial charges | 65 | €54 | €52 | -€2 | -3.0% |
| Non-recurring financial charges | 66B | €0 | €3 | +€3 | +7,400% |
| Profit (loss) for the period before taxes | 9903 | €15,743 | €13,254 | -€2,490 | -15.8% |
| Income taxes | 67/77 | €4,493 | €5,921 | +€1,428 | +31.8% |
| Profit (loss) for the period | 9904 | €11,250 | €7,333 | -€3,917 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,250 | €7,333 | -€3,917 | -34.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.