DELRUE VEEHANDEL: 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.
DELRUE VEEHANDEL
Largest movements
- Receivables within one year +€334,376
up €334,376 (+48.0%), from €697,121 to €1.0m
of which Trade receivables: +€341,064
- Cash +€60,773
up €60,773 (+8,759%), from €694 to €61,467
mainly Net result for the year (+€198,019) and Trade debts (+€158,138)
- Tangible fixed assets +€41,948
up €41,948 (+61.6%), from €68,138 to €110,086
of which Furniture and vehicles: +€45,779
- Financial fixed assets +€20,000
up €20,000 (+40,000%), from €50 to €20,050
- Reserves +€197,186
up €197,186 (+85.3%), from €231,226 to €428,412
- Trade debts +€158,138
up €158,138 (+67.0%), from €236,119 to €394,257
- Tax, wage and social debts +€105,451
up €105,451 (+582%), from €18,106 to €123,557
- Other debts +€20,835
up €20,835 (+9.1%), from €228,815 to €249,650
- Gross operating margin +€215,837
up €215,837 (+181%), from €118,942 to €334,778
- Taxes +€71,139
up €71,139 (+215%), from €33,106 to €104,244
- Depreciation +€13,000
up €13,000 (+2,529%), from €514 to €13,514
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 | €767,294 | €1,231,411 | +€464,117 | +60.5% |
| Fixed assets | 21/28 | €68,188 | €130,136 | +€61,948 | +90.8% |
| Tangible fixed assets | 22/27 | €68,138 | €110,086 | +€41,948 | +61.6% |
| Land and buildings | 22 | €68,090 | €63,550 | -€4,540 | -6.7% |
| Plant, machinery and equipment | 23 | - | €757 | +€757 | |
| Furniture and vehicles | 24 | - | €45,779 | +€45,779 | |
| Other tangible fixed assets | 26 | €48 | €0 | -€48 | -100% |
| Financial fixed assets | 28 | €50 | €20,050 | +€20,000 | +40,000% |
| Current assets | 29/58 | €699,106 | €1,101,275 | +€402,169 | +57.5% |
| Stocks and contracts in progress | 3 | €0 | €7,200 | +€7,200 | |
| Stocks | 30/36 | €0 | €7,200 | +€7,200 | |
| Amounts receivable within one year | 40/41 | €697,121 | €1,031,497 | +€334,376 | +48.0% |
| Trade receivables | 40 | €689,914 | €1,030,978 | +€341,064 | +49.4% |
| Other amounts receivable | 41 | €7,207 | €519 | -€6,688 | -92.8% |
| Cash at bank and in hand | 54/58 | €694 | €61,467 | +€60,773 | +8,759% |
| Deferred charges and accrued income | 490/1 | €1,291 | €1,111 | -€181 | -14.0% |
| Total equity and liabilities | 10/49 | €767,294 | €1,231,411 | +€464,117 | +60.5% |
| Equity | 10/15 | €249,826 | €447,012 | +€197,186 | +78.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €231,226 | €428,412 | +€197,186 | +85.3% |
| Distributable reserves | 133 | €231,226 | €428,412 | +€197,186 | +85.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €517,468 | €784,399 | +€266,931 | +51.6% |
| Amounts payable after more than one year | 17 | €8,334 | €0 | -€8,334 | -100% |
| Financial debts | 170/4 | €8,334 | €0 | -€8,334 | -100% |
| Amounts payable within one year | 42/48 | €493,039 | €767,584 | +€274,546 | +55.7% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €0 | -€10,000 | -100% |
| Trade debts | 44 | €236,119 | €394,257 | +€158,138 | +67.0% |
| Suppliers | 440/4 | €236,119 | €394,257 | +€158,138 | +67.0% |
| Advances received on contracts in progress | 46 | - | €121 | +€121 | |
| Taxes, remuneration and social security | 45 | €18,106 | €123,557 | +€105,451 | +582% |
| Taxes | 450/3 | €18,106 | €123,557 | +€105,451 | +582% |
| Other amounts payable | 47/48 | €228,815 | €249,650 | +€20,835 | +9.1% |
| Accrued charges and deferred income | 492/3 | €16,096 | €16,814 | +€719 | +4.5% |
| Non-recurring operating income | 76A | €0 | €579 | +€579 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €514 | €13,514 | +€13,000 | +2,529% |
| Other operating charges | 640/8 | €951 | €1,639 | +€687 | +72.2% |
| Gross operating margin | 9900 | €118,942 | €334,778 | +€215,837 | +181% |
| Operating profit (loss) | 9901 | €117,476 | €319,626 | +€202,150 | +172% |
| Financial income | 75/76B | €200 | €25 | -€175 | -87.4% |
| Recurring financial income | 75 | €200 | €25 | -€175 | -87.4% |
| Financial charges | 65/66B | €17,196 | €17,388 | +€192 | +1.1% |
| Recurring financial charges | 65 | €17,196 | €17,388 | +€192 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €100,480 | €302,263 | +€201,783 | +201% |
| Income taxes | 67/77 | €33,106 | €104,244 | +€71,139 | +215% |
| Profit (loss) for the period | 9904 | €67,375 | €198,019 | +€130,644 | +194% |
| Profit (loss) for the period to be appropriated | 9905 | €67,375 | €198,019 | +€130,644 | +194% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.