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DELREE.BE: 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.

What changed

DELREE.BE

BE 0870.690.905
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,536
2024 · -€1,638+€11,174
Equity
€80,647
2024 · €71,111+€9,536
Cash
€2,049
2024 · €842+€1,207
Balance sheet total
€106,988
2024 · €108,934-€1,946

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€12,988

    down €12,988 (-34.8%), from €37,349 to €24,361

    of which Furniture and vehicles: -€11,979

  • Current investments +€7,036

    up €7,036 (+11.3%), from €62,333 to €69,369

  • Deferred charges and accrued income +€1,865

    up €1,865 (+394.0%), from €473 to €2,338

  • Cash +€1,207

    up €1,207 (+143.4%), from €842 to €2,049

    mainly Depreciation (+€12,988) and Net result for the year (+€9,536)

Equity and liabilities
  • Debts after one year -€11,693

    down €11,693 (-45.3%), from €25,798 to €14,104

  • Profit (loss) carried forward +€9,536

    up €9,536 (+15.1%), from €63,051 to €72,587

Income statement
  • Gross operating margin +€12,087

    up €12,087 (+85.2%), from €14,183 to €26,270

  • Taxes +€1,398

    up €1,398 (+900.3%), from €155 to €1,554

  • Other operating charges +€524

    up €524 (+60.0%), from €875 to €1,399

  • Depreciation -€398

    down €398 (-3.0%), from €13,386 to €12,988

  • Financial charges -€338

    down €338 (-21.0%), from €1,611 to €1,273

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,638
Gross operating margin +€12,087
Depreciation +€398
Other operating charges -€524
Financial income +€274
Financial charges +€338
Taxes -€1,398
Result 2025 €9,536

Cash bridge derived

cash 2024 to 2025

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.

From operations +€19,583
Investment -€7,036
Financing -€11,340
Cash 2024 €842
Net result for the year +€9,536
Depreciation +€12,988
Receivables within one year -€934
Deferred charges and accrued income -€1,865
Trade debts -€142
Current investments -€7,036
Debts after one year -€11,693
Current portion of long-term debt +€354
Cash 2025 €2,049
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €108,934 €106,988 -€1,946 -1.8%
Fixed assets 21/28 €37,399 €24,411 -€12,988 -34.7%
Tangible fixed assets 22/27 €37,349 €24,361 -€12,988 -34.8%
Plant, machinery and equipment 23 €1,500 €491 -€1,009 -67.3%
Furniture and vehicles 24 €35,849 €23,871 -€11,979 -33.4%
Financial fixed assets 28 €50 €50 = 0.0%
Current assets 29/58 €71,534 €82,577 +€11,043 +15.4%
Amounts receivable within one year 40/41 €7,887 €8,821 +€934 +11.8%
Other amounts receivable 41 €7,887 €8,821 +€934 +11.8%
Current investments 50/53 €62,333 €69,369 +€7,036 +11.3%
Cash at bank and in hand 54/58 €842 €2,049 +€1,207 +143.4%
Deferred charges and accrued income 490/1 €473 €2,338 +€1,865 +394.0%
Total equity and liabilities 10/49 €108,934 €106,988 -€1,946 -1.8%
Equity 10/15 €71,111 €80,647 +€9,536 +13.4%
Contributions 10/11 €8,060 €8,060 = 0.0%
Outside capital 11 €8,060 - -€8,060
Other 1109/19 €8,060 - -€8,060
Profit (loss) carried forward 14 €63,051 €72,587 +€9,536 +15.1%
Amounts payable 17/49 €37,823 €26,341 -€11,482 -30.4%
Amounts payable after more than one year 17 €25,798 €14,104 -€11,693 -45.3%
Financial debts 170/4 €25,798 €14,104 -€11,693 -45.3%
Amounts payable within one year 42/48 €12,025 €12,237 +€211 +1.8%
Current portion of amounts payable after more than one year 42 €11,340 €11,693 +€354 +3.1%
Trade debts 44 €686 €543 -€142 -20.8%
Suppliers 440/4 €686 €543 -€142 -20.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,386 €12,988 -€398 -3.0%
Other operating charges 640/8 €875 €1,399 +€524 +60.0%
Gross operating margin 9900 €14,183 €26,270 +€12,087 +85.2%
Operating profit (loss) 9901 -€78 €11,882 +€11,961
Financial income 75/76B €207 €481 +€274 +132.6%
Recurring financial income 75 €207 €481 +€274 +132.6%
Financial charges 65/66B €1,611 €1,273 -€338 -21.0%
Recurring financial charges 65 €1,611 €1,273 -€338 -21.0%
Profit (loss) for the period before taxes 9903 -€1,483 €11,090 +€12,573
Income taxes 67/77 €155 €1,554 +€1,398 +900.3%
Profit (loss) for the period 9904 -€1,638 €9,536 +€11,174
Profit (loss) for the period to be appropriated 9905 -€1,638 €9,536 +€11,174

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.