DELRUCO: 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.
DELRUCO
Largest movements
- Cash -€89,242
down €89,242 (-72.2%), from €123,531 to €34,289
mainly Debts after one year (-€223,452) and Other debts (-€100,000)
- Current investments -€65,000
down €65,000 (-32.7%), from €198,766 to €133,766
- Receivables within one year -€45,158
down €45,158 (-97.3%), from €46,407 to €1,249
of which Other amounts receivable: -€42,551
- Debts after one year -€223,452
down €223,452 (-19.5%), from €1.1m to €920,476
- Reserves +€203,070
up €203,070 (+15.7%), from €1.3m to €1.5m
- Other debts -€100,000
down €100,000 (-98.3%), from €101,732 to €1,732
- Tax, wage and social debts -€69,434
down €69,434 (-74.2%), from €93,529 to €24,095
- Financial income -€226,251
down €226,251 (-46.7%), from €483,977 to €257,726
- Gross operating margin -€62,408
down €62,408 (-88.1%), from €70,823 to €8,415
- Taxes -€25,453
down €25,453 (-55.6%), from €45,760 to €20,307
- Financial charges -€8,544
down €8,544 (-16.8%), from €50,964 to €42,420
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 | €2,978,746 | €2,785,972 | -€192,774 | -6.5% |
| Fixed assets | 21/28 | €2,610,042 | €2,616,667 | +€6,625 | +0.3% |
| Financial fixed assets | 28 | €2,610,042 | €2,616,667 | +€6,625 | +0.3% |
| Current assets | 29/58 | €368,704 | €169,305 | -€199,399 | -54.1% |
| Amounts receivable within one year | 40/41 | €46,407 | €1,249 | -€45,158 | -97.3% |
| Trade receivables | 40 | €2,607 | - | -€2,607 | |
| Other amounts receivable | 41 | €43,800 | €1,249 | -€42,551 | -97.1% |
| Current investments | 50/53 | €198,766 | €133,766 | -€65,000 | -32.7% |
| Cash at bank and in hand | 54/58 | €123,531 | €34,289 | -€89,242 | -72.2% |
| Total equity and liabilities | 10/49 | €2,978,746 | €2,785,972 | -€192,774 | -6.5% |
| Equity | 10/15 | €1,422,004 | €1,625,074 | +€203,070 | +14.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €1,297,004 | €1,500,074 | +€203,070 | +15.7% |
| Distributable reserves | 133 | €1,297,004 | €1,500,074 | +€203,070 | +15.7% |
| Amounts payable | 17/49 | €1,556,742 | €1,160,898 | -€395,845 | -25.4% |
| Amounts payable after more than one year | 17 | €1,143,928 | €920,476 | -€223,452 | -19.5% |
| Financial debts | 170/4 | €1,143,928 | €920,476 | -€223,452 | -19.5% |
| Amounts payable within one year | 42/48 | €391,175 | €221,541 | -€169,634 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €195,714 | €195,714 | = | 0.0% |
| Trade debts | 44 | €200 | - | -€200 | |
| Suppliers | 440/4 | €200 | - | -€200 | |
| Taxes, remuneration and social security | 45 | €93,529 | €24,095 | -€69,434 | -74.2% |
| Taxes | 450/3 | €93,529 | €24,095 | -€69,434 | -74.2% |
| Other amounts payable | 47/48 | €101,732 | €1,732 | -€100,000 | -98.3% |
| Accrued charges and deferred income | 492/3 | €21,639 | €18,881 | -€2,758 | -12.7% |
| Other operating charges | 640/8 | €579 | €344 | -€235 | -40.6% |
| Gross operating margin | 9900 | €70,823 | €8,415 | -€62,408 | -88.1% |
| Operating profit (loss) | 9901 | €70,244 | €8,071 | -€62,173 | -88.5% |
| Financial income | 75/76B | €483,977 | €257,726 | -€226,251 | -46.7% |
| Recurring financial income | 75 | €483,977 | €257,726 | -€226,251 | -46.7% |
| Financial charges | 65/66B | €50,964 | €42,420 | -€8,544 | -16.8% |
| Recurring financial charges | 65 | €50,964 | €42,420 | -€8,544 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €503,257 | €223,377 | -€279,880 | -55.6% |
| Income taxes | 67/77 | €45,760 | €20,307 | -€25,453 | -55.6% |
| Profit (loss) for the period | 9904 | €457,497 | €203,070 | -€254,427 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €457,497 | €203,070 | -€254,427 | -55.6% |
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 4 October 2026 via checked.be.