DELOTEC: what changed
DELOTEC
Largest movements
- Tangible fixed assets -€22,012
down €22,012 (-28.7%), from €76,764 to €54,752
of which Furniture and vehicles: -€19,693
- Cash -€13,678
down €13,678 (-36.6%), from €37,333 to €23,655
mainly Debts after one year (-€12,063) and Trade debts (-€10,207)
- Receivables within one year +€5,323
up €5,323 (+65.6%), from €8,119 to €13,442
of which Trade receivables: +€3,322
- Deferred charges and accrued income -€4,168
no longer reported in 2025 (was €4,168)
- Debts after one year -€12,063
down €12,063 (-33.9%), from €35,542 to €23,479
- Trade debts -€10,207
no longer reported in 2025 (was €10,207)
- Tax, wage and social debts -€6,790
down €6,790 (-78.9%), from €8,602 to €1,812
of which Taxes: -€6,790
- Current portion of long-term debt -€5,177
down €5,177 (-30.0%), from €17,240 to €12,063
- Gross operating margin -€2,030
down €2,030 (-6.7%), from €30,436 to €28,406
- Depreciation +€790
up €790 (+3.4%), from €23,228 to €24,018
- Financial charges -€582
down €582 (-22.9%), from €2,536 to €1,954
- Taxes -€579
down €579 (-41.4%), from €1,399 to €820
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 | €136,842 | €102,431 | -€34,411 | -25.1% |
| Fixed assets | 21/28 | €78,757 | €56,025 | -€22,732 | -28.9% |
| Intangible fixed assets | 21 | €1,875 | €1,155 | -€720 | -38.4% |
| Tangible fixed assets | 22/27 | €76,764 | €54,752 | -€22,012 | -28.7% |
| Plant, machinery and equipment | 23 | €7,403 | €5,083 | -€2,319 | -31.3% |
| Furniture and vehicles | 24 | €69,361 | €49,668 | -€19,693 | -28.4% |
| Financial fixed assets | 28 | €118 | €118 | = | 0.0% |
| Current assets | 29/58 | €58,085 | €46,406 | -€11,679 | -20.1% |
| Stocks and contracts in progress | 3 | €8,465 | €9,309 | +€844 | +10.0% |
| Stocks | 30/36 | €8,465 | €9,309 | +€844 | +10.0% |
| Amounts receivable within one year | 40/41 | €8,119 | €13,442 | +€5,323 | +65.6% |
| Trade receivables | 40 | €4,955 | €8,278 | +€3,322 | +67.0% |
| Other amounts receivable | 41 | €3,164 | €5,164 | +€2,000 | +63.2% |
| Cash at bank and in hand | 54/58 | €37,333 | €23,655 | -€13,678 | -36.6% |
| Deferred charges and accrued income | 490/1 | €4,168 | - | -€4,168 | |
| Total equity and liabilities | 10/49 | €136,842 | €102,431 | -€34,411 | -25.1% |
| Equity | 10/15 | €20,310 | €19,661 | -€649 | -3.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,310 | €14,661 | -€649 | -4.2% |
| Distributable reserves | 133 | €15,310 | €14,661 | -€649 | -4.2% |
| Amounts payable | 17/49 | €116,532 | €82,770 | -€33,762 | -29.0% |
| Amounts payable after more than one year | 17 | €35,542 | €23,479 | -€12,063 | -33.9% |
| Financial debts | 170/4 | €35,542 | €23,479 | -€12,063 | -33.9% |
| Amounts payable within one year | 42/48 | €80,990 | €59,291 | -€21,699 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €17,240 | €12,063 | -€5,177 | -30.0% |
| Trade debts | 44 | €10,207 | - | -€10,207 | |
| Suppliers | 440/4 | €10,207 | - | -€10,207 | |
| Taxes, remuneration and social security | 45 | €8,602 | €1,812 | -€6,790 | -78.9% |
| Taxes | 450/3 | €6,901 | €111 | -€6,790 | -98.4% |
| Remuneration and social security | 454/9 | €1,701 | €1,701 | = | 0.0% |
| Other amounts payable | 47/48 | €44,941 | €45,416 | +€475 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,228 | €24,018 | +€790 | +3.4% |
| Other operating charges | 640/8 | €528 | €597 | +€69 | +13.1% |
| Gross operating margin | 9900 | €30,436 | €28,406 | -€2,030 | -6.7% |
| Operating profit (loss) | 9901 | €6,681 | €3,791 | -€2,889 | -43.2% |
| Financial charges | 65/66B | €2,536 | €1,954 | -€582 | -22.9% |
| Recurring financial charges | 65 | €2,536 | €1,954 | -€582 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €4,145 | €1,837 | -€2,308 | -55.7% |
| Income taxes | 67/77 | €1,399 | €820 | -€579 | -41.4% |
| Profit (loss) for the period | 9904 | €2,746 | €1,017 | -€1,729 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,746 | €1,017 | -€1,729 | -62.9% |
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 7 November 2026 via checked.be.