Delwarte Monuments: 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.
Delwarte Monuments
Largest movements
- Tangible fixed assets +€153,694
up €153,694 (+52.3%), from €293,661 to €447,355
of which Land and buildings: +€156,219
- Cash -€120,423
down €120,423 (-73.0%), from €164,956 to €44,534
mainly Investment in fixed assets (net) (-€179,871) and Trade debts (-€95,649)
- Receivables within one year +€15,999
up €15,999 (+61.8%), from €25,882 to €41,881
of which Trade receivables: +€16,908
- Trade debts -€95,649
down €95,649 (-75.4%), from €126,860 to €31,211
- Debts after one year +€85,524
up €85,524 (+47.8%), from €178,892 to €264,416
- Profit (loss) carried forward +€40,867
up €40,867 (+45.0%), from €90,870 to €131,737
- Current portion of long-term debt +€17,042
up €17,042 (+75.4%), from €22,606 to €39,648
- Depreciation +€18,275
up €18,275 (+231.3%), from €7,901 to €26,176
- Write-downs -€10,064
no longer reported in 2024 (was €10,064)
- Taxes -€5,480
down €5,480 (-37.5%), from €14,632 to €9,152
- Financial charges +€4,866
up €4,866 (+84.1%), from €5,784 to €10,651
- Gross operating margin -€3,395
down €3,395 (-2.7%), from €127,565 to €124,170
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €485,025 | €538,061 | +€53,036 | +10.9% |
| Fixed assets | 21/28 | €293,661 | €447,355 | +€153,694 | +52.3% |
| Tangible fixed assets | 22/27 | €293,661 | €447,355 | +€153,694 | +52.3% |
| Land and buildings | 22 | €271,924 | €428,143 | +€156,219 | +57.4% |
| Plant, machinery and equipment | 23 | €2,387 | €2,908 | +€521 | +21.8% |
| Furniture and vehicles | 24 | €19,349 | €16,304 | -€3,045 | -15.7% |
| Current assets | 29/58 | €191,364 | €90,706 | -€100,659 | -52.6% |
| Amounts receivable within one year | 40/41 | €25,882 | €41,881 | +€15,999 | +61.8% |
| Trade receivables | 40 | €23,131 | €40,038 | +€16,908 | +73.1% |
| Other amounts receivable | 41 | €2,751 | €1,843 | -€909 | -33.0% |
| Cash at bank and in hand | 54/58 | €164,956 | €44,534 | -€120,423 | -73.0% |
| Deferred charges and accrued income | 490/1 | €526 | €4,291 | +€3,765 | +715.8% |
| Total equity and liabilities | 10/49 | €485,025 | €538,061 | +€53,036 | +10.9% |
| Equity | 10/15 | €109,806 | €150,673 | +€40,867 | +37.2% |
| Contributions | 10/11 | €18,935 | €18,935 | = | 0.0% |
| Capital | 10 | €18,935 | €18,935 | = | 0.0% |
| Issued capital | 100 | €18,935 | €18,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,870 | €131,737 | +€40,867 | +45.0% |
| Amounts payable | 17/49 | €375,220 | €387,388 | +€12,169 | +3.2% |
| Amounts payable after more than one year | 17 | €178,892 | €264,416 | +€85,524 | +47.8% |
| Financial debts | 170/4 | €178,892 | €264,416 | +€85,524 | +47.8% |
| Amounts payable within one year | 42/48 | €196,328 | €122,973 | -€73,355 | -37.4% |
| Current portion of amounts payable after more than one year | 42 | €22,606 | €39,648 | +€17,042 | +75.4% |
| Trade debts | 44 | €126,860 | €31,211 | -€95,649 | -75.4% |
| Suppliers | 440/4 | €126,860 | €31,211 | -€95,649 | -75.4% |
| Taxes, remuneration and social security | 45 | €39,230 | €41,279 | +€2,049 | +5.2% |
| Taxes | 450/3 | €34,265 | €25,147 | -€9,117 | -26.6% |
| Remuneration and social security | 454/9 | €4,966 | €16,132 | +€11,166 | +224.9% |
| Other amounts payable | 47/48 | €7,632 | €10,834 | +€3,203 | +42.0% |
| Remuneration, social security and pensions | 62 | €34,934 | €35,943 | +€1,009 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,901 | €26,176 | +€18,275 | +231.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,064 | - | -€10,064 | |
| Other operating charges | 640/8 | €2,101 | €1,431 | -€671 | -31.9% |
| Gross operating margin | 9900 | €127,565 | €124,170 | -€3,395 | -2.7% |
| Operating profit (loss) | 9901 | €72,565 | €60,620 | -€11,945 | -16.5% |
| Financial income | 75/76B | €1 | €50 | +€49 | +6177.2% |
| Recurring financial income | 75 | €1 | €50 | +€49 | +6177.2% |
| Financial charges | 65/66B | €5,784 | €10,651 | +€4,866 | +84.1% |
| Recurring financial charges | 65 | €5,784 | €10,651 | +€4,866 | +84.1% |
| Profit (loss) for the period before taxes | 9903 | €66,781 | €50,019 | -€16,762 | -25.1% |
| Income taxes | 67/77 | €14,632 | €9,152 | -€5,480 | -37.5% |
| Profit (loss) for the period | 9904 | €52,149 | €40,867 | -€11,282 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,149 | €40,867 | -€11,282 | -21.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.