DELOIRIE: 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.
DELOIRIE
Largest movements
- Cash -€305,564
down €305,564 (-28.8%), from €1.1m to €753,853
mainly Contributions, distributions and other (-€1.0m) and Debts after one year (-€34,535)
- Receivables after one year -€71,223
down €71,223 (-91.6%), from €77,765 to €6,542
- Tangible fixed assets -€28,554
down €28,554 (-3.3%), from €870,110 to €841,556
of which Land and buildings: -€19,117
- Reserves -€489,188
no longer reported in 2025 (was €489,188)
- Other debts +€130,502
up €130,502 (+14.3%), from €910,406 to €1.0m
- Debts after one year -€34,535
down €34,535 (-35.9%), from €96,126 to €61,591
- Financial income -€377,204
down €377,204 (-40.8%), from €923,590 to €546,386
- Taxes -€3,773
down €3,773 (-50.0%), from €7,548 to €3,776
- Gross operating margin +€2,137
up €2,137 (+5.0%), from €42,970 to €45,107
- Financial charges -€858
down €858 (-25.3%), from €3,389 to €2,531
- Depreciation +€739
up €739 (+2.7%), from €27,815 to €28,554
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.
Derived cash bridge
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 | €2,204,898 | €1,796,524 | -€408,374 | -18.5% |
| Fixed assets | 21/28 | €1,063,696 | €1,035,142 | -€28,554 | -2.7% |
| Tangible fixed assets | 22/27 | €870,110 | €841,556 | -€28,554 | -3.3% |
| Land and buildings | 22 | €638,106 | €618,989 | -€19,117 | -3.0% |
| Plant, machinery and equipment | 23 | €232,003 | €222,566 | -€9,437 | -4.1% |
| Financial fixed assets | 28 | €193,586 | €193,586 | = | 0.0% |
| Current assets | 29/58 | €1,141,202 | €761,383 | -€379,820 | -33.3% |
| Amounts receivable after more than one year | 29 | €77,765 | €6,542 | -€71,223 | -91.6% |
| Other amounts receivable | 291 | €77,765 | €6,542 | -€71,223 | -91.6% |
| Amounts receivable within one year | 40/41 | €3,943 | €907 | -€3,036 | -77.0% |
| Other amounts receivable | 41 | €3,943 | €907 | -€3,036 | -77.0% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,059,418 | €753,853 | -€305,564 | -28.8% |
| Deferred charges and accrued income | 490/1 | €75 | €79 | +€4 | +5.3% |
| Total equity and liabilities | 10/49 | €2,204,898 | €1,796,524 | -€408,374 | -18.5% |
| Equity | 10/15 | €1,144,188 | €655,000 | -€489,188 | -42.8% |
| Contributions | 10/11 | €655,000 | €655,000 | = | 0.0% |
| Reserves | 13 | €489,188 | - | -€489,188 | |
| Distributable reserves | 133 | €489,188 | - | -€489,188 | |
| Amounts payable | 17/49 | €1,060,710 | €1,141,524 | +€80,814 | +7.6% |
| Amounts payable after more than one year | 17 | €96,126 | €61,591 | -€34,535 | -35.9% |
| Financial debts | 170/4 | €96,126 | €61,591 | -€34,535 | -35.9% |
| Amounts payable within one year | 42/48 | €961,489 | €1,076,764 | +€115,276 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €49,741 | €34,535 | -€15,206 | -30.6% |
| Trade debts | 44 | €1,341 | €1,321 | -€20 | -1.5% |
| Suppliers | 440/4 | €1,341 | €1,321 | -€20 | -1.5% |
| Other amounts payable | 47/48 | €910,406 | €1,040,908 | +€130,502 | +14.3% |
| Accrued charges and deferred income | 492/3 | €3,096 | €3,169 | +€74 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,815 | €28,554 | +€739 | +2.7% |
| Other operating charges | 640/8 | €5,187 | €5,351 | +€164 | +3.2% |
| Gross operating margin | 9900 | €42,970 | €45,107 | +€2,137 | +5.0% |
| Operating profit (loss) | 9901 | €9,968 | €11,203 | +€1,235 | +12.4% |
| Financial income | 75/76B | €923,590 | €546,386 | -€377,204 | -40.8% |
| Recurring financial income | 75 | €923,590 | €546,386 | -€377,204 | -40.8% |
| Financial charges | 65/66B | €3,389 | €2,531 | -€858 | -25.3% |
| Recurring financial charges | 65 | €3,389 | €2,531 | -€858 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €930,169 | €555,058 | -€375,111 | -40.3% |
| Income taxes | 67/77 | €7,548 | €3,776 | -€3,773 | -50.0% |
| Profit (loss) for the period | 9904 | €922,621 | €551,283 | -€371,338 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €922,621 | €551,283 | -€371,338 | -40.2% |
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 28 October 2026 via checked.be.