DELUC CONSTRUCT: 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.
DELUC CONSTRUCT
Largest movements
- Receivables within one year +€88,419
up €88,419 (+1756.0%), from €5,035 to €93,454
of which Trade receivables: +€90,013
- Cash +€16,762
up €16,762 (+987.4%), from €1,698 to €18,459
mainly Trade debts (+€79,439) and Net result for the year (+€18,865)
- Trade debts +€79,439
up €79,439 (+932387.6%), from €9 to €79,448
- Profit (loss) carried forward +€18,865
up €18,865 (+628.6%), from €3,001 to €21,866
- Tax, wage and social debts +€5,864
new in 2025: €5,864
- Gross operating margin +€22,711
up €22,711 (+540.9%), from €4,199 to €26,910
- Taxes +€5,528
new in 2025: €5,528
- Depreciation +€938
new in 2025: €938
- Other operating charges +€881
new in 2025: €881
- Financial charges -€500
down €500 (-41.7%), from €1,198 to €698
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 | €7,670 | €111,913 | +€104,243 | +1359.0% |
| Formation expenses | 20 | €938 | €0 | -€938 | -100.0% |
| Current assets | 29/58 | €6,733 | €111,913 | +€105,181 | +1562.2% |
| Amounts receivable within one year | 40/41 | €5,035 | €93,454 | +€88,419 | +1756.0% |
| Trade receivables | 40 | €574 | €90,587 | +€90,013 | +15692.7% |
| Other amounts receivable | 41 | €4,462 | €2,867 | -€1,594 | -35.7% |
| Cash at bank and in hand | 54/58 | €1,698 | €18,459 | +€16,762 | +987.4% |
| Total equity and liabilities | 10/49 | €7,670 | €111,913 | +€104,243 | +1359.0% |
| Equity | 10/15 | €5,501 | €24,366 | +€18,865 | +342.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,001 | €21,866 | +€18,865 | +628.6% |
| Amounts payable | 17/49 | €2,169 | €87,547 | +€85,378 | +3935.7% |
| Amounts payable within one year | 42/48 | €2,169 | €87,547 | +€85,378 | +3935.7% |
| Trade debts | 44 | €9 | €79,448 | +€79,439 | +932387.6% |
| Suppliers | 440/4 | €9 | €79,448 | +€79,439 | +932387.6% |
| Taxes, remuneration and social security | 45 | - | €5,864 | +€5,864 | |
| Taxes | 450/3 | - | €5,864 | +€5,864 | |
| Other amounts payable | 47/48 | €2,161 | €2,235 | +€74 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €938 | +€938 | |
| Other operating charges | 640/8 | - | €881 | +€881 | |
| Gross operating margin | 9900 | €4,199 | €26,910 | +€22,711 | +540.9% |
| Operating profit (loss) | 9901 | €4,199 | €25,091 | +€20,892 | +497.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -81.8% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -81.8% |
| Financial charges | 65/66B | €1,198 | €698 | -€500 | -41.7% |
| Recurring financial charges | 65 | €1,198 | €698 | -€500 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €3,001 | €24,393 | +€21,392 | +712.8% |
| Income taxes | 67/77 | - | €5,528 | +€5,528 | |
| Profit (loss) for the period | 9904 | €3,001 | €18,865 | +€15,864 | +528.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,001 | €18,865 | +€15,864 | +528.6% |
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 29 September 2026 via checked.be.