DELOBUY: 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.
DELOBUY
Largest movements
- Receivables within one year -€190,279
no longer reported in 2025 (was €190,279)
- Stocks and contracts +€112,806
up €112,806 (+26.8%), from €421,372 to €534,179
- Tangible fixed assets -€16,785
down €16,785 (-40.1%), from €41,819 to €25,033
of which Leasing and similar rights: -€14,959
- Cash +€7,765
up €7,765 (+13.1%), from €59,206 to €66,970
mainly Receivables within one year (+€190,279) and Net result for the year (+€42,961)
- Short-term financial debts -€65,581
down €65,581 (-13.5%), from €485,000 to €419,419
- Profit (loss) carried forward +€42,961
up €42,961 (+74.7%), from -€57,541 to -€14,579
- Other debts -€36,027
down €36,027 (-21.8%), from €165,356 to €129,330
- Debts after one year -€14,741
down €14,741 (-68.7%), from €21,452 to €6,712
- Trade debts -€10,430
down €10,430 (-61.2%), from €17,046 to €6,616
- Gross operating margin +€61,861
up €61,861 (+146.1%), from €42,328 to €104,188
- Financial charges -€2,459
down €2,459 (-7.1%), from €34,473 to €32,014
- Taxes +€1,655
up €1,655 (+657.6%), from €252 to €1,907
- Other operating charges -€1,602
down €1,602 (-15.3%), from €10,459 to €8,857
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 | €714,775 | €626,503 | -€88,272 | -12.3% |
| Fixed assets | 21/28 | €42,069 | €25,033 | -€17,035 | -40.5% |
| Tangible fixed assets | 22/27 | €41,819 | €25,033 | -€16,785 | -40.1% |
| Plant, machinery and equipment | 23 | €2,233 | €1,595 | -€637 | -28.5% |
| Furniture and vehicles | 24 | €5,489 | €4,299 | -€1,190 | -21.7% |
| Leasing and similar rights | 25 | €34,097 | €19,139 | -€14,959 | -43.9% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €672,706 | €601,470 | -€71,236 | -10.6% |
| Stocks and contracts in progress | 3 | €421,372 | €534,179 | +€112,806 | +26.8% |
| Stocks | 30/36 | €421,372 | €534,179 | +€112,806 | +26.8% |
| Amounts receivable within one year | 40/41 | €190,279 | - | -€190,279 | |
| Trade receivables | 40 | €190,279 | - | -€190,279 | |
| Cash at bank and in hand | 54/58 | €59,206 | €66,970 | +€7,765 | +13.1% |
| Deferred charges and accrued income | 490/1 | €1,849 | €321 | -€1,528 | -82.6% |
| Total equity and liabilities | 10/49 | €714,775 | €626,503 | -€88,272 | -12.3% |
| Equity | 10/15 | €1,771 | €44,733 | +€42,961 | +2425.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,712 | €40,712 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €35,712 | €35,712 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,541 | -€14,579 | +€42,961 | +74.7% |
| Amounts payable | 17/49 | €713,003 | €581,771 | -€131,233 | -18.4% |
| Amounts payable after more than one year | 17 | €21,452 | €6,712 | -€14,741 | -68.7% |
| Financial debts | 170/4 | €21,452 | €6,712 | -€14,741 | -68.7% |
| Amounts payable within one year | 42/48 | €681,923 | €571,777 | -€110,146 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €14,520 | €14,741 | +€221 | +1.5% |
| Financial debts | 43 | €485,000 | €419,419 | -€65,581 | -13.5% |
| Credit institutions | 430/8 | €485,000 | €419,419 | -€65,581 | -13.5% |
| Trade debts | 44 | €17,046 | €6,616 | -€10,430 | -61.2% |
| Suppliers | 440/4 | €17,046 | €6,616 | -€10,430 | -61.2% |
| Taxes, remuneration and social security | 45 | - | €1,671 | +€1,671 | |
| Taxes | 450/3 | - | €1,671 | +€1,671 | |
| Other amounts payable | 47/48 | €165,356 | €129,330 | -€36,027 | -21.8% |
| Accrued charges and deferred income | 492/3 | €9,628 | €3,282 | -€6,346 | -65.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,496 | €18,448 | +€952 | +5.4% |
| Other operating charges | 640/8 | €10,459 | €8,857 | -€1,602 | -15.3% |
| Gross operating margin | 9900 | €42,328 | €104,188 | +€61,861 | +146.1% |
| Operating profit (loss) | 9901 | €14,372 | €76,883 | +€62,510 | +434.9% |
| Financial income | 75/76B | €43 | €0 | -€43 | -99.9% |
| Recurring financial income | 75 | €43 | €0 | -€43 | -99.9% |
| Financial charges | 65/66B | €34,473 | €32,014 | -€2,459 | -7.1% |
| Recurring financial charges | 65 | €34,473 | €32,014 | -€2,459 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,058 | €44,868 | +€64,926 | |
| Income taxes | 67/77 | €252 | €1,907 | +€1,655 | +657.6% |
| Profit (loss) for the period | 9904 | -€20,310 | €42,961 | +€63,271 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,310 | €42,961 | +€63,271 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.