DELO-TEC: 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.
DELO-TEC
Largest movements
- Tangible fixed assets +€207,867
up €207,867 (+168.5%), from €123,353 to €331,220
of which Land and buildings: +€239,108
- Cash -€26,750
down €26,750 (-72.2%), from €37,031 to €10,280
mainly Investment in fixed assets (net) (-€251,065) and Trade debts (-€6,529)
- Debts after one year +€168,709
up €168,709 (+322.7%), from €52,278 to €220,987
- Current portion of long-term debt +€14,275
up €14,275 (+108.8%), from €13,120 to €27,394
- Trade debts -€6,529
down €6,529 (-20.4%), from €32,012 to €25,483
- Other debts +€5,582
up €5,582 (+319.8%), from €1,746 to €7,328
- Depreciation +€23,240
up €23,240 (+116.4%), from €19,958 to €43,198
- Gross operating margin +€11,410
up €11,410 (+27.0%), from €42,280 to €53,691
- Financial charges +€6,031
up €6,031 (+416.1%), from €1,449 to €7,480
- Taxes -€3,495
down €3,495 (-72.8%), from €4,798 to €1,304
- Other operating charges +€1,996
up €1,996 (+271.9%), from €734 to €2,730
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 | €169,126 | €352,925 | +€183,800 | +108.7% |
| Fixed assets | 21/28 | €123,353 | €331,220 | +€207,867 | +168.5% |
| Tangible fixed assets | 22/27 | €123,353 | €331,220 | +€207,867 | +168.5% |
| Land and buildings | 22 | - | €239,108 | +€239,108 | |
| Plant, machinery and equipment | 23 | €5,656 | €3,684 | -€1,972 | -34.9% |
| Furniture and vehicles | 24 | €117,697 | €88,429 | -€29,268 | -24.9% |
| Current assets | 29/58 | €45,773 | €21,705 | -€24,068 | -52.6% |
| Amounts receivable within one year | 40/41 | €8,742 | €11,094 | +€2,352 | +26.9% |
| Trade receivables | 40 | €6,927 | €9,893 | +€2,966 | +42.8% |
| Other amounts receivable | 41 | €1,815 | €1,202 | -€613 | -33.8% |
| Cash at bank and in hand | 54/58 | €37,031 | €10,280 | -€26,750 | -72.2% |
| Deferred charges and accrued income | 490/1 | - | €331 | +€331 | |
| Total equity and liabilities | 10/49 | €169,126 | €352,925 | +€183,800 | +108.7% |
| Equity | 10/15 | €62,112 | €61,201 | -€911 | -1.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €52,112 | €51,201 | -€911 | -1.7% |
| Distributable reserves | 133 | €52,112 | €51,201 | -€911 | -1.7% |
| Amounts payable | 17/49 | €107,014 | €291,725 | +€184,711 | +172.6% |
| Amounts payable after more than one year | 17 | €52,278 | €220,987 | +€168,709 | +322.7% |
| Financial debts | 170/4 | €52,278 | €220,987 | +€168,709 | +322.7% |
| Amounts payable within one year | 42/48 | €54,736 | €70,738 | +€16,002 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €13,120 | €27,394 | +€14,275 | +108.8% |
| Trade debts | 44 | €32,012 | €25,483 | -€6,529 | -20.4% |
| Suppliers | 440/4 | €32,012 | €25,483 | -€6,529 | -20.4% |
| Taxes, remuneration and social security | 45 | €7,858 | €10,533 | +€2,674 | +34.0% |
| Taxes | 450/3 | €7,858 | €10,533 | +€2,674 | +34.0% |
| Other amounts payable | 47/48 | €1,746 | €7,328 | +€5,582 | +319.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,958 | €43,198 | +€23,240 | +116.4% |
| Other operating charges | 640/8 | €734 | €2,730 | +€1,996 | +271.9% |
| Gross operating margin | 9900 | €42,280 | €53,691 | +€11,410 | +27.0% |
| Operating profit (loss) | 9901 | €21,588 | €7,762 | -€13,826 | -64.0% |
| Financial income | 75/76B | €72 | €110 | +€38 | +53.4% |
| Recurring financial income | 75 | €72 | €110 | +€38 | +53.4% |
| Financial charges | 65/66B | €1,449 | €7,480 | +€6,031 | +416.1% |
| Recurring financial charges | 65 | €1,449 | €7,480 | +€6,031 | +416.1% |
| Profit (loss) for the period before taxes | 9903 | €20,211 | €392 | -€19,818 | -98.1% |
| Income taxes | 67/77 | €4,798 | €1,304 | -€3,495 | -72.8% |
| Profit (loss) for the period | 9904 | €15,412 | -€911 | -€16,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,412 | -€911 | -€16,324 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.