DELSANNE: 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.
DELSANNE
Largest movements
- Receivables within one year +€42,723
up €42,723 (+127.3%), from €33,572 to €76,295
of which Trade receivables: +€44,573
- Cash +€36,993
up €36,993 (+12.5%), from €295,794 to €332,787
mainly Net result for the year (+€117,050) and Depreciation (+€25,114)
- Tangible fixed assets -€23,345
down €23,345 (-17.0%), from €136,936 to €113,591
of which Other tangible fixed assets: -€14,000
- Reserves +€92,300
up €92,300 (+49.2%), from €187,700 to €280,000
- Contributions -€27,500
no longer reported in 2025 (was €27,500)
- Debts after one year -€22,251
down €22,251 (-21.0%), from €106,103 to €83,853
- Tax, wage and social debts -€20,061
down €20,061 (-42.3%), from €47,399 to €27,338
of which Taxes: -€26,462
- Trade debts +€19,603
up €19,603 (+157.4%), from €12,453 to €32,056
- Staff costs +€13,308
up €13,308 (+29.4%), from €45,337 to €58,644
- Gross operating margin -€8,397
down €8,397 (-3.0%), from €283,285 to €274,889
- Depreciation +€3,588
up €3,588 (+16.7%), from €21,526 to €25,114
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 | €473,728 | €528,173 | +€54,445 | +11.5% |
| Fixed assets | 21/28 | €137,159 | €113,814 | -€23,345 | -17.0% |
| Tangible fixed assets | 22/27 | €136,936 | €113,591 | -€23,345 | -17.0% |
| Land and buildings | 22 | €11,459 | €11,211 | -€248 | -2.2% |
| Plant, machinery and equipment | 23 | €7,483 | €5,020 | -€2,463 | -32.9% |
| Furniture and vehicles | 24 | €33,801 | €27,168 | -€6,633 | -19.6% |
| Other tangible fixed assets | 26 | €84,193 | €70,193 | -€14,000 | -16.6% |
| Financial fixed assets | 28 | €223 | €223 | = | 0.0% |
| Current assets | 29/58 | €336,569 | €414,359 | +€77,790 | +23.1% |
| Stocks and contracts in progress | 3 | €5,853 | €5,103 | -€750 | -12.8% |
| Stocks | 30/36 | €5,853 | €5,103 | -€750 | -12.8% |
| Amounts receivable within one year | 40/41 | €33,572 | €76,295 | +€42,723 | +127.3% |
| Trade receivables | 40 | €31,716 | €76,289 | +€44,573 | +140.5% |
| Other amounts receivable | 41 | €1,856 | €6 | -€1,850 | -99.7% |
| Cash at bank and in hand | 54/58 | €295,794 | €332,787 | +€36,993 | +12.5% |
| Deferred charges and accrued income | 490/1 | €1,350 | €174 | -€1,176 | -87.1% |
| Total equity and liabilities | 10/49 | €473,728 | €528,173 | +€54,445 | +11.5% |
| Equity | 10/15 | €267,244 | €349,094 | +€81,850 | +30.6% |
| Contributions | 10/11 | €27,500 | - | -€27,500 | |
| Outside capital | 11 | €27,500 | - | -€27,500 | |
| Other | 1109/19 | €27,500 | - | -€27,500 | |
| Reserves | 13 | €187,700 | €280,000 | +€92,300 | +49.2% |
| Distributable reserves | 133 | €187,700 | €280,000 | +€92,300 | +49.2% |
| Profit (loss) carried forward | 14 | €52,044 | €69,094 | +€17,050 | +32.8% |
| Amounts payable | 17/49 | €206,484 | €179,079 | -€27,406 | -13.3% |
| Amounts payable after more than one year | 17 | €106,103 | €83,853 | -€22,251 | -21.0% |
| Financial debts | 170/4 | €106,103 | €83,853 | -€22,251 | -21.0% |
| Amounts payable within one year | 42/48 | €97,447 | €92,118 | -€5,329 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €21,658 | €22,790 | +€1,133 | +5.2% |
| Trade debts | 44 | €12,453 | €32,056 | +€19,603 | +157.4% |
| Suppliers | 440/4 | €12,453 | €32,056 | +€19,603 | +157.4% |
| Taxes, remuneration and social security | 45 | €47,399 | €27,338 | -€20,061 | -42.3% |
| Taxes | 450/3 | €47,123 | €20,661 | -€26,462 | -56.2% |
| Remuneration and social security | 454/9 | €276 | €6,677 | +€6,401 | +2320.2% |
| Other amounts payable | 47/48 | €15,938 | €9,933 | -€6,004 | -37.7% |
| Accrued charges and deferred income | 492/3 | €2,934 | €3,108 | +€174 | +5.9% |
| Remuneration, social security and pensions | 62 | €45,337 | €58,644 | +€13,308 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,526 | €25,114 | +€3,588 | +16.7% |
| Other operating charges | 640/8 | €7,401 | €7,285 | -€115 | -1.6% |
| Gross operating margin | 9900 | €283,285 | €274,889 | -€8,397 | -3.0% |
| Operating profit (loss) | 9901 | €209,023 | €183,845 | -€25,177 | -12.0% |
| Financial income | 75/76B | €1,672 | €550 | -€1,122 | -67.1% |
| Recurring financial income | 75 | €1,672 | €550 | -€1,122 | -67.1% |
| Financial charges | 65/66B | €7,446 | €7,345 | -€101 | -1.4% |
| Recurring financial charges | 65 | €7,259 | €7,264 | +€5 | +0.1% |
| Non-recurring financial charges | 66B | €187 | €81 | -€106 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | €203,248 | €177,050 | -€26,198 | -12.9% |
| Income taxes | 67/77 | €59,436 | €60,000 | +€564 | +0.9% |
| Profit (loss) for the period | 9904 | €143,813 | €117,050 | -€26,762 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €143,813 | €117,050 | -€26,762 | -18.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.