Delmofarm: 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.
Delmofarm
Largest movements
- Cash +€34,073
up €34,073 (+57.0%), from €59,742 to €93,815
mainly Debts after one year (+€29,706) and Depreciation (+€24,831)
- Receivables within one year -€17,221
down €17,221 (-11.6%), from €147,826 to €130,605
of which Trade receivables: -€17,251
- Tangible fixed assets +€13,524
up €13,524 (+2.8%), from €486,367 to €499,891
of which Land and buildings: +€27,367
- Debts after one year +€29,706
up €29,706 (+6.5%), from €458,557 to €488,263
- Current portion of long-term debt +€14,869
up €14,869 (+58.5%), from €25,426 to €40,294
- Gross operating margin -€86,199
down €86,199 (-66.6%), from €129,379 to €43,180
- Taxes -€6,814
down €6,814 (-100.0%), from €6,814 to €0
- Depreciation +€4,794
up €4,794 (+23.9%), from €20,037 to €24,831
- Financial charges +€2,388
up €2,388 (+16.4%), from €14,602 to €16,991
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €790,115 | €823,207 | +€33,092 | +4.2% |
| Fixed assets | 21/28 | €486,367 | €499,891 | +€13,524 | +2.8% |
| Tangible fixed assets | 22/27 | €486,367 | €499,891 | +€13,524 | +2.8% |
| Land and buildings | 22 | €424,576 | €451,943 | +€27,367 | +6.4% |
| Plant, machinery and equipment | 23 | €61,791 | €47,948 | -€13,843 | -22.4% |
| Current assets | 29/58 | €303,748 | €323,316 | +€19,568 | +6.4% |
| Stocks and contracts in progress | 3 | €96,180 | €98,822 | +€2,641 | +2.7% |
| Stocks | 30/36 | €96,180 | €98,822 | +€2,641 | +2.7% |
| Amounts receivable within one year | 40/41 | €147,826 | €130,605 | -€17,221 | -11.6% |
| Trade receivables | 40 | €147,826 | €130,575 | -€17,251 | -11.7% |
| Other amounts receivable | 41 | - | €30 | +€30 | |
| Cash at bank and in hand | 54/58 | €59,742 | €93,815 | +€34,073 | +57.0% |
| Deferred charges and accrued income | 490/1 | - | €75 | +€75 | |
| Total equity and liabilities | 10/49 | €790,115 | €823,207 | +€33,092 | +4.2% |
| Equity | 10/15 | €52,849 | €52,989 | +€139 | +0.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €32,849 | €32,989 | +€139 | +0.4% |
| Distributable reserves | 133 | €32,849 | €32,989 | +€139 | +0.4% |
| Amounts payable | 17/49 | €737,266 | €770,219 | +€32,953 | +4.5% |
| Amounts payable after more than one year | 17 | €458,557 | €488,263 | +€29,706 | +6.5% |
| Financial debts | 170/4 | €458,557 | €488,263 | +€29,706 | +6.5% |
| Amounts payable within one year | 42/48 | €278,709 | €281,956 | +€3,247 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €25,426 | €40,294 | +€14,869 | +58.5% |
| Trade debts | 44 | €166,721 | €158,777 | -€7,944 | -4.8% |
| Suppliers | 440/4 | €166,721 | €158,777 | -€7,944 | -4.8% |
| Taxes, remuneration and social security | 45 | €8,285 | €4,104 | -€4,181 | -50.5% |
| Taxes | 450/3 | €8,285 | €4,104 | -€4,181 | -50.5% |
| Other amounts payable | 47/48 | €78,277 | €78,780 | +€504 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,037 | €24,831 | +€4,794 | +23.9% |
| Other operating charges | 640/8 | €2,682 | €1,885 | -€797 | -29.7% |
| Non-recurring operating charges | 66A | €53,033 | €0 | -€53,033 | -100.0% |
| Gross operating margin | 9900 | €129,379 | €43,180 | -€86,199 | -66.6% |
| Operating profit (loss) | 9901 | €53,627 | €16,465 | -€37,162 | -69.3% |
| Financial income | 75/76B | €638 | €665 | +€27 | +4.2% |
| Recurring financial income | 75 | €638 | €665 | +€27 | +4.2% |
| Financial charges | 65/66B | €14,602 | €16,991 | +€2,388 | +16.4% |
| Recurring financial charges | 65 | €14,602 | €16,991 | +€2,388 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €39,663 | €139 | -€39,524 | -99.6% |
| Income taxes | 67/77 | €6,814 | €0 | -€6,814 | -100.0% |
| Profit (loss) for the period | 9904 | €32,849 | €139 | -€32,710 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,849 | €139 | -€32,710 | -99.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.