DELOLIN: 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.
DELOLIN
Largest movements
- Tangible fixed assets -€88,252
down €88,252 (-4.2%), from €2.1m to €2.0m
of which Furniture and vehicles: -€151,447
- Stocks and contracts +€73,988
up €73,988 (+5.7%), from €1.3m to €1.4m
- Reserves +€169,161
up €169,161 (+9.2%), from €1.8m to €2.0m
of which Distributable reserves: +€169,161
- Debts after one year -€100,000
down €100,000 (-7.8%), from €1.3m to €1.2m
of which Financial debts: -€100,000
- Trade debts -€90,448
down €90,448 (-69.1%), from €130,868 to €40,420
- Depreciation +€26,100
up €26,100 (+6.7%), from €390,265 to €416,365
- Gross operating margin -€19,687
down €19,687 (-2.6%), from €760,718 to €741,031
- Staff costs +€19,028
up €19,028 (+23.5%), from €80,913 to €99,941
- Financial income +€18,756
up €18,756 (+107%), from €17,475 to €36,231
- Taxes -€18,718
down €18,718 (-27.8%), from €67,391 to €48,672
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 | €3,612,582 | €3,601,233 | -€11,349 | -0.3% |
| Fixed assets | 21/28 | €2,086,116 | €1,997,864 | -€88,252 | -4.2% |
| Tangible fixed assets | 22/27 | €2,085,981 | €1,997,729 | -€88,252 | -4.2% |
| Land and buildings | 22 | €377,952 | €462,211 | +€84,259 | +22.3% |
| Plant, machinery and equipment | 23 | €1,142,723 | €1,121,658 | -€21,065 | -1.8% |
| Furniture and vehicles | 24 | €565,306 | €413,859 | -€151,447 | -26.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,526,466 | €1,603,369 | +€76,903 | +5.0% |
| Stocks and contracts in progress | 3 | €1,298,956 | €1,372,944 | +€73,988 | +5.7% |
| Stocks | 30/36 | €1,298,956 | €1,372,944 | +€73,988 | +5.7% |
| Amounts receivable within one year | 40/41 | €145,232 | €138,922 | -€6,310 | -4.3% |
| Trade receivables | 40 | €0 | €60,782 | +€60,782 | |
| Other amounts receivable | 41 | €145,232 | €78,141 | -€67,091 | -46.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €72,632 | €83,613 | +€10,982 | +15.1% |
| Deferred charges and accrued income | 490/1 | €9,646 | €7,889 | -€1,757 | -18.2% |
| Total equity and liabilities | 10/49 | €3,612,582 | €3,601,233 | -€11,349 | -0.3% |
| Equity | 10/15 | €1,986,624 | €2,155,785 | +€169,161 | +8.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,836,624 | €2,005,785 | +€169,161 | +9.2% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Legal reserve | 130 | €80,000 | €80,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,048 | €30,048 | = | 0.0% |
| Distributable reserves | 133 | €1,726,576 | €1,895,738 | +€169,161 | +9.8% |
| Amounts payable | 17/49 | €1,625,958 | €1,445,448 | -€180,510 | -11.1% |
| Amounts payable after more than one year | 17 | €1,283,333 | €1,183,333 | -€100,000 | -7.8% |
| Financial debts | 170/4 | €1,083,333 | €983,333 | -€100,000 | -9.2% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €323,630 | €239,447 | -€84,183 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €130,868 | €40,420 | -€90,448 | -69.1% |
| Suppliers | 440/4 | €130,868 | €40,420 | -€90,448 | -69.1% |
| Taxes, remuneration and social security | 45 | €15,588 | €33,987 | +€18,399 | +118% |
| Taxes | 450/3 | €4,124 | €19,861 | +€15,737 | +382% |
| Remuneration and social security | 454/9 | €11,464 | €14,125 | +€2,662 | +23.2% |
| Other amounts payable | 47/48 | €77,175 | €65,040 | -€12,135 | -15.7% |
| Accrued charges and deferred income | 492/3 | €18,995 | €22,668 | +€3,673 | +19.3% |
| Non-recurring operating income | 76A | €0 | €826 | +€826 | |
| Remuneration, social security and pensions | 62 | €80,913 | €99,941 | +€19,028 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €390,265 | €416,365 | +€26,100 | +6.7% |
| Other operating charges | 640/8 | €21,409 | €24,612 | +€3,202 | +15.0% |
| Gross operating margin | 9900 | €760,718 | €741,031 | -€19,687 | -2.6% |
| Operating profit (loss) | 9901 | €268,131 | €200,113 | -€68,018 | -25.4% |
| Financial income | 75/76B | €17,475 | €36,231 | +€18,756 | +107% |
| Recurring financial income | 75 | €17,475 | €36,231 | +€18,756 | +107% |
| Financial charges | 65/66B | €19,169 | €18,510 | -€659 | -3.4% |
| Recurring financial charges | 65 | €19,169 | €18,510 | -€659 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €266,436 | €217,834 | -€48,602 | -18.2% |
| Income taxes | 67/77 | €67,391 | €48,672 | -€18,718 | -27.8% |
| Profit (loss) for the period | 9904 | €199,045 | €169,161 | -€29,884 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €199,045 | €169,161 | -€29,884 | -15.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.