Delmo New: 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.
Delmo New
Largest movements
- Tangible fixed assets -€44,907
down €44,907 (-13.7%), from €327,108 to €282,201
of which Land and buildings: -€25,206
- Cash -€14,069
down €14,069 (-15.7%), from €89,862 to €75,794
mainly Debts after one year (-€58,467) and Investment in fixed assets (net) (-€5,483)
- Debts after one year -€58,467
down €58,467 (-56.3%), from €103,905 to €45,438
- Profit (loss) carried forward +€5,298
up €5,298 (+21.0%), from €25,223 to €30,520
- Trade debts -€4,572
down €4,572 (-63.6%), from €7,188 to €2,615
- Depreciation -€20,437
down €20,437 (-28.7%), from €71,190 to €50,753
- Gross operating margin -€18,273
down €18,273 (-22.1%), from €82,659 to €64,386
- Financial charges -€1,103
down €1,103 (-18.8%), from €5,855 to €4,752
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 | €436,196 | €379,603 | -€56,593 | -13.0% |
| Fixed assets | 21/28 | €327,521 | €282,251 | -€45,270 | -13.8% |
| Tangible fixed assets | 22/27 | €327,108 | €282,201 | -€44,907 | -13.7% |
| Land and buildings | 22 | €305,573 | €280,367 | -€25,206 | -8.2% |
| Plant, machinery and equipment | 23 | €1,671 | €152 | -€1,519 | -90.9% |
| Furniture and vehicles | 24 | €7,187 | €1,682 | -€5,505 | -76.6% |
| Leasing and similar rights | 25 | €12,678 | €0 | -€12,678 | -100.0% |
| Financial fixed assets | 28 | €413 | €50 | -€363 | -87.9% |
| Current assets | 29/58 | €108,674 | €97,352 | -€11,323 | -10.4% |
| Stocks and contracts in progress | 3 | €11,446 | €11,461 | +€15 | +0.1% |
| Stocks | 30/36 | €11,446 | €11,461 | +€15 | +0.1% |
| Amounts receivable within one year | 40/41 | €7,251 | €5,679 | -€1,572 | -21.7% |
| Trade receivables | 40 | €7,251 | €5,679 | -€1,572 | -21.7% |
| Cash at bank and in hand | 54/58 | €89,862 | €75,794 | -€14,069 | -15.7% |
| Deferred charges and accrued income | 490/1 | €116 | €4,418 | +€4,303 | +3723.2% |
| Total equity and liabilities | 10/49 | €436,196 | €379,603 | -€56,593 | -13.0% |
| Equity | 10/15 | €262,433 | €267,730 | +€5,298 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €218,610 | €218,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €199,860 | €199,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,223 | €30,520 | +€5,298 | +21.0% |
| Amounts payable | 17/49 | €173,763 | €111,873 | -€61,890 | -35.6% |
| Amounts payable after more than one year | 17 | €103,905 | €45,438 | -€58,467 | -56.3% |
| Financial debts | 170/4 | €103,905 | €45,438 | -€58,467 | -56.3% |
| Amounts payable within one year | 42/48 | €69,858 | €66,434 | -€3,424 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €56,955 | €58,467 | +€1,511 | +2.7% |
| Trade debts | 44 | €7,188 | €2,615 | -€4,572 | -63.6% |
| Suppliers | 440/4 | €7,188 | €2,615 | -€4,572 | -63.6% |
| Taxes, remuneration and social security | 45 | €5,546 | €4,079 | -€1,466 | -26.4% |
| Taxes | 450/3 | €4,442 | €4,079 | -€363 | -8.2% |
| Remuneration and social security | 454/9 | €1,104 | €0 | -€1,104 | -100.0% |
| Other amounts payable | 47/48 | €169 | €1,273 | +€1,104 | +653.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,190 | €50,753 | -€20,437 | -28.7% |
| Other operating charges | 640/8 | €3,668 | €3,244 | -€424 | -11.6% |
| Gross operating margin | 9900 | €82,659 | €64,386 | -€18,273 | -22.1% |
| Operating profit (loss) | 9901 | €7,801 | €10,389 | +€2,588 | +33.2% |
| Financial income | 75/76B | €803 | €23 | -€780 | -97.1% |
| Recurring financial income | 75 | €803 | €23 | -€780 | -97.1% |
| Financial charges | 65/66B | €5,855 | €4,752 | -€1,103 | -18.8% |
| Recurring financial charges | 65 | €5,855 | €4,752 | -€1,103 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €2,750 | €5,661 | +€2,911 | +105.9% |
| Income taxes | 67/77 | €375 | €363 | -€11 | -3.0% |
| Profit (loss) for the period | 9904 | €2,375 | €5,298 | +€2,923 | +123.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,375 | €5,298 | +€2,923 | +123.1% |
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 10 October 2026 via checked.be.