Deloy: 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.
Deloy
Largest movements
- Tangible fixed assets +€892,450
up €892,450 (+90.3%), from €988,495 to €1.9m
of which Land and buildings: +€893,413
- Cash -€88,317
down €88,317 (-83.5%), from €105,828 to €17,511
mainly Investment in fixed assets (net) (-€924,158) and Receivables within one year (-€8,855)
- Debts after one year +€793,630
up €793,630 (+112.3%), from €706,829 to €1.5m
- Profit (loss) carried forward +€20,028
up €20,028 (+14.2%), from €141,381 to €161,410
- Other operating charges +€98,903
up €98,903 (+2197.6%), from €4,501 to €103,404
- Gross operating margin +€20,858
up €20,858 (+13.0%), from €160,308 to €181,166
- Taxes -€20,426
down €20,426 (-88.0%), from €23,204 to €2,777
- Financial charges -€3,030
down €3,030 (-11.5%), from €26,278 to €23,248
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 | €1,116,030 | €1,929,018 | +€812,988 | +72.8% |
| Fixed assets | 21/28 | €988,495 | €1,880,944 | +€892,450 | +90.3% |
| Tangible fixed assets | 22/27 | €988,495 | €1,880,944 | +€892,450 | +90.3% |
| Land and buildings | 22 | €985,527 | €1,878,940 | +€893,413 | +90.7% |
| Plant, machinery and equipment | 23 | - | €1,456 | +€1,456 | |
| Furniture and vehicles | 24 | €2,968 | €548 | -€2,420 | -81.5% |
| Current assets | 29/58 | €127,535 | €48,074 | -€79,462 | -62.3% |
| Amounts receivable within one year | 40/41 | €21,708 | €30,563 | +€8,855 | +40.8% |
| Trade receivables | 40 | €21,708 | €30,563 | +€8,855 | +40.8% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €105,828 | €17,511 | -€88,317 | -83.5% |
| Total equity and liabilities | 10/49 | €1,116,030 | €1,929,018 | +€812,988 | +72.8% |
| Equity | 10/15 | €161,381 | €181,410 | +€20,028 | +12.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,381 | €161,410 | +€20,028 | +14.2% |
| Amounts payable | 17/49 | €954,649 | €1,747,608 | +€792,959 | +83.1% |
| Amounts payable after more than one year | 17 | €706,829 | €1,500,459 | +€793,630 | +112.3% |
| Financial debts | 170/4 | €706,829 | €1,500,459 | +€793,630 | +112.3% |
| Amounts payable within one year | 42/48 | €247,820 | €247,149 | -€670 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €30,147 | €29,225 | -€922 | -3.1% |
| Trade debts | 44 | €1,140 | €4,033 | +€2,893 | +253.9% |
| Suppliers | 440/4 | €1,140 | €4,033 | +€2,893 | +253.9% |
| Taxes, remuneration and social security | 45 | €9,030 | €6,389 | -€2,642 | -29.3% |
| Taxes | 450/3 | €9,030 | €6,389 | -€2,642 | -29.3% |
| Other amounts payable | 47/48 | €207,502 | €207,502 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,894 | €31,708 | -€186 | -0.6% |
| Other operating charges | 640/8 | €4,501 | €103,404 | +€98,903 | +2197.6% |
| Non-recurring operating charges | 66A | €20,013 | - | -€20,013 | |
| Gross operating margin | 9900 | €160,308 | €181,166 | +€20,858 | +13.0% |
| Operating profit (loss) | 9901 | €103,516 | €46,054 | -€57,462 | -55.5% |
| Financial charges | 65/66B | €26,278 | €23,248 | -€3,030 | -11.5% |
| Recurring financial charges | 65 | €26,278 | €23,248 | -€3,030 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €77,238 | €22,806 | -€54,432 | -70.5% |
| Income taxes | 67/77 | €23,204 | €2,777 | -€20,426 | -88.0% |
| Profit (loss) for the period | 9904 | €54,034 | €20,028 | -€34,005 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,034 | €20,028 | -€34,005 | -62.9% |
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 11 October 2026 via checked.be.