DELO PH. LTH: what changed
DELO PH. LTH
Largest movements
- Receivables within one year +€23,715
up €23,715 (+47.2%), from €50,207 to €73,922
- Tangible fixed assets -€11,705
down €11,705 (-12.9%), from €90,650 to €78,945
of which Other tangible fixed assets: -€7,943
- Cash -€11,685
down €11,685 (-65.9%), from €17,735 to €6,050
mainly Receivables within one year (-€23,715) and Trade debts (-€2,973)
- Trade debts -€2,973
down €2,973 (-86.8%), from €3,426 to €453
- Reserves +€1,933
up €1,933 (+2.5%), from €77,989 to €79,922
of which Non-distributable reserves: +€1,860
- Financial income +€3,321
up €3,321 (+66,427%), from €5 to €3,326
- Gross operating margin -€3,043
down €3,043 (-20.0%), from €15,232 to €12,189
- Other operating charges -€3,032
down €3,032 (-95.2%), from €3,184 to €152
- Taxes +€601
up €601 (+203%), from €296 to €897
- Staff costs +€557
new in 2025: €557
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,824 | €160,830 | -€994 | -0.6% |
| Fixed assets | 21/28 | €91,092 | €79,386 | -€11,705 | -12.8% |
| Tangible fixed assets | 22/27 | €90,650 | €78,945 | -€11,705 | -12.9% |
| Land and buildings | 22 | €43,703 | €43,646 | -€57 | -0.1% |
| Plant, machinery and equipment | 23 | €3,937 | €2,291 | -€1,647 | -41.8% |
| Leasing and similar rights | 25 | €7,365 | €5,307 | -€2,058 | -27.9% |
| Other tangible fixed assets | 26 | €35,644 | €27,701 | -€7,943 | -22.3% |
| Financial fixed assets | 28 | €442 | €442 | = | 0.0% |
| Current assets | 29/58 | €70,732 | €81,443 | +€10,711 | +15.1% |
| Amounts receivable within one year | 40/41 | €50,207 | €73,922 | +€23,715 | +47.2% |
| Other amounts receivable | 41 | €50,207 | €73,922 | +€23,715 | +47.2% |
| Cash at bank and in hand | 54/58 | €17,735 | €6,050 | -€11,685 | -65.9% |
| Deferred charges and accrued income | 490/1 | €2,791 | €1,471 | -€1,319 | -47.3% |
| Total equity and liabilities | 10/49 | €161,824 | €160,830 | -€994 | -0.6% |
| Equity | 10/15 | €157,546 | €159,479 | +€1,933 | +1.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €77,989 | €79,922 | +€1,933 | +2.5% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €77,989 | €78,062 | +€73 | +0.1% |
| Profit (loss) carried forward | 14 | €73,352 | €73,352 | = | 0.0% |
| Amounts payable | 17/49 | €4,278 | €1,350 | -€2,927 | -68.4% |
| Amounts payable within one year | 42/48 | €3,426 | €1,350 | -€2,076 | -60.6% |
| Trade debts | 44 | €3,426 | €453 | -€2,973 | -86.8% |
| Suppliers | 440/4 | €3,426 | €453 | -€2,973 | -86.8% |
| Taxes, remuneration and social security | 45 | - | €897 | +€897 | |
| Taxes | 450/3 | - | €897 | +€897 | |
| Accrued charges and deferred income | 492/3 | €852 | - | -€852 | |
| Remuneration, social security and pensions | 62 | - | €557 | +€557 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,040 | €11,705 | -€335 | -2.8% |
| Other operating charges | 640/8 | €3,184 | €152 | -€3,032 | -95.2% |
| Gross operating margin | 9900 | €15,232 | €12,189 | -€3,043 | -20.0% |
| Operating profit (loss) | 9901 | €8 | -€225 | -€232 | |
| Financial income | 75/76B | €5 | €3,326 | +€3,321 | +66,427% |
| Recurring financial income | 75 | €5 | €3,326 | +€3,321 | +66,427% |
| Financial charges | 65/66B | €138 | €271 | +€133 | +96.3% |
| Recurring financial charges | 65 | €138 | €271 | +€133 | +96.3% |
| Profit (loss) for the period before taxes | 9903 | -€125 | €2,830 | +€2,956 | |
| Income taxes | 67/77 | €296 | €897 | +€601 | +203% |
| Profit (loss) for the period | 9904 | -€421 | €1,933 | +€2,354 | |
| Profit (loss) for the period to be appropriated | 9905 | -€421 | €1,933 | +€2,354 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.