DELVOYE IMMO: 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.
DELVOYE IMMO
Largest movements
- Tangible fixed assets -€26,709
down €26,709 (-3.9%), from €687,880 to €661,171
of which Land and buildings: -€23,229
- Receivables within one year -€14,207
down €14,207 (-34.0%), from €41,772 to €27,565
of which Trade receivables: -€15,044
- Cash -€12,334
down €12,334 (-51.7%), from €23,867 to €11,533
mainly Net result for the year (-€58,849) and Debts after one year (-€35,265)
- Profit (loss) carried forward -€58,849
down €58,849 (-199%), from -€29,546 to -€88,394
- Debts after one year -€35,265
down €35,265 (-6.0%), from €583,167 to €547,902
- Other debts +€27,749
up €27,749 (+54.0%), from €51,381 to €79,130
- Short-term financial debts +€25,000
new in 2025: €25,000
- Financial charges +€40,238
up €40,238 (+241%), from €16,718 to €56,956
- Staff costs +€14,322
up €14,322 (+46.8%), from €30,572 to €44,894
- Gross operating margin -€6,407
down €6,407 (-6.5%), from €99,111 to €92,704
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 | €1,129,557 | €1,075,663 | -€53,894 | -4.8% |
| Fixed assets | 21/28 | €963,063 | €936,354 | -€26,709 | -2.8% |
| Tangible fixed assets | 22/27 | €687,880 | €661,171 | -€26,709 | -3.9% |
| Land and buildings | 22 | €676,515 | €653,286 | -€23,229 | -3.4% |
| Furniture and vehicles | 24 | €11,366 | €7,886 | -€3,480 | -30.6% |
| Financial fixed assets | 28 | €275,183 | €275,183 | = | 0.0% |
| Current assets | 29/58 | €166,494 | €139,309 | -€27,185 | -16.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,772 | €27,565 | -€14,207 | -34.0% |
| Trade receivables | 40 | €41,583 | €26,539 | -€15,044 | -36.2% |
| Other amounts receivable | 41 | €189 | €1,026 | +€837 | +444% |
| Cash at bank and in hand | 54/58 | €23,867 | €11,533 | -€12,334 | -51.7% |
| Deferred charges and accrued income | 490/1 | €856 | €211 | -€644 | -75.3% |
| Total equity and liabilities | 10/49 | €1,129,557 | €1,075,663 | -€53,894 | -4.8% |
| Equity | 10/15 | €437,349 | €378,500 | -€58,849 | -13.5% |
| Contributions | 10/11 | €353,170 | €353,170 | = | 0.0% |
| Capital | 10 | €353,170 | €353,170 | = | 0.0% |
| Issued capital | 100 | €353,170 | €353,170 | = | 0.0% |
| Reserves | 13 | €113,725 | €113,725 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,179 | €9,179 | = | 0.0% |
| Legal reserve | 130 | €9,179 | €9,179 | = | 0.0% |
| Distributable reserves | 133 | €104,545 | €104,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,546 | -€88,394 | -€58,849 | -199% |
| Amounts payable | 17/49 | €692,208 | €697,163 | +€4,955 | +0.7% |
| Amounts payable after more than one year | 17 | €583,167 | €547,902 | -€35,265 | -6.0% |
| Financial debts | 170/4 | €583,167 | €547,902 | -€35,265 | -6.0% |
| Amounts payable within one year | 42/48 | €109,041 | €149,260 | +€40,219 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €34,219 | €35,265 | +€1,045 | +3.1% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €5,251 | €386 | -€4,865 | -92.7% |
| Suppliers | 440/4 | €5,251 | €386 | -€4,865 | -92.7% |
| Taxes, remuneration and social security | 45 | €18,190 | €9,480 | -€8,710 | -47.9% |
| Taxes | 450/3 | €5,592 | €7,824 | +€2,232 | +39.9% |
| Remuneration and social security | 454/9 | €12,598 | €1,656 | -€10,942 | -86.9% |
| Other amounts payable | 47/48 | €51,381 | €79,130 | +€27,749 | +54.0% |
| Remuneration, social security and pensions | 62 | €30,572 | €44,894 | +€14,322 | +46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,684 | €40,269 | -€415 | -1.0% |
| Other operating charges | 640/8 | €9,311 | €9,434 | +€123 | +1.3% |
| Gross operating margin | 9900 | €99,111 | €92,704 | -€6,407 | -6.5% |
| Operating profit (loss) | 9901 | €18,545 | -€1,893 | -€20,437 | |
| Financial income | 75/76B | €1 | €0 | -€0 | -49.4% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -49.4% |
| Financial charges | 65/66B | €16,718 | €56,956 | +€40,238 | +241% |
| Recurring financial charges | 65 | €16,718 | €56,956 | +€40,238 | +241% |
| Profit (loss) for the period before taxes | 9903 | €1,828 | -€58,849 | -€60,676 | |
| Profit (loss) for the period | 9904 | €1,828 | -€58,849 | -€60,676 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,828 | -€58,849 | -€60,676 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.