DELY: 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.
DELY
Largest movements
- Cash +€9,252
up €9,252 (+37.8%), from €24,464 to €33,716
mainly Net result for the year (+€12,831) and Receivables within one year (+€6,990)
- Receivables within one year -€6,990
down €6,990 (-56.4%), from €12,396 to €5,406
of which Trade receivables: -€5,601
- Tangible fixed assets +€3,619
up €3,619 (+59.8%), from €6,051 to €9,669
of which Furniture and vehicles: +€3,681
- Profit (loss) carried forward +€12,831
up €12,831 (+24.4%), from -€52,561 to -€39,730
- Trade debts -€8,816
down €8,816 (-64.1%), from €13,750 to €4,934
- Other debts +€4,553
up €4,553 (+152.2%), from €2,992 to €7,545
- Tax, wage and social debts -€1,955
down €1,955 (-8.3%), from €23,504 to €21,548
of which Taxes: -€1,280
- Gross operating margin -€21,318
down €21,318 (-11.1%), from €192,295 to €170,977
- Staff costs -€21,113
down €21,113 (-12.1%), from €174,796 to €153,683
- Depreciation -€11,441
down €11,441 (-75.3%), from €15,185 to €3,744
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 | €55,160 | €61,772 | +€6,613 | +12.0% |
| Fixed assets | 21/28 | €6,319 | €9,937 | +€3,619 | +57.3% |
| Tangible fixed assets | 22/27 | €6,051 | €9,669 | +€3,619 | +59.8% |
| Plant, machinery and equipment | 23 | €3,054 | €2,992 | -€62 | -2.0% |
| Furniture and vehicles | 24 | €2,997 | €6,677 | +€3,681 | +122.8% |
| Financial fixed assets | 28 | €268 | €268 | = | 0.0% |
| Current assets | 29/58 | €48,841 | €51,835 | +€2,994 | +6.1% |
| Stocks and contracts in progress | 3 | €5,515 | €5,893 | +€378 | +6.9% |
| Stocks | 30/36 | €5,515 | €5,893 | +€378 | +6.9% |
| Amounts receivable within one year | 40/41 | €12,396 | €5,406 | -€6,990 | -56.4% |
| Trade receivables | 40 | €7,152 | €1,552 | -€5,601 | -78.3% |
| Other amounts receivable | 41 | €5,244 | €3,854 | -€1,390 | -26.5% |
| Cash at bank and in hand | 54/58 | €24,464 | €33,716 | +€9,252 | +37.8% |
| Deferred charges and accrued income | 490/1 | €6,466 | €6,820 | +€354 | +5.5% |
| Total equity and liabilities | 10/49 | €55,160 | €61,772 | +€6,613 | +12.0% |
| Equity | 10/15 | €14,914 | €27,746 | +€12,831 | +86.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,876 | €48,876 | = | 0.0% |
| Distributable reserves | 133 | €48,876 | €48,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,561 | -€39,730 | +€12,831 | +24.4% |
| Amounts payable | 17/49 | €40,246 | €34,027 | -€6,219 | -15.5% |
| Amounts payable within one year | 42/48 | €40,246 | €34,027 | -€6,219 | -15.5% |
| Trade debts | 44 | €13,750 | €4,934 | -€8,816 | -64.1% |
| Suppliers | 440/4 | €13,750 | €4,934 | -€8,816 | -64.1% |
| Taxes, remuneration and social security | 45 | €23,504 | €21,548 | -€1,955 | -8.3% |
| Taxes | 450/3 | €12,950 | €11,670 | -€1,280 | -9.9% |
| Remuneration and social security | 454/9 | €10,553 | €9,879 | -€675 | -6.4% |
| Other amounts payable | 47/48 | €2,992 | €7,545 | +€4,553 | +152.2% |
| Remuneration, social security and pensions | 62 | €174,796 | €153,683 | -€21,113 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,185 | €3,744 | -€11,441 | -75.3% |
| Other operating charges | 640/8 | €1,545 | €1,555 | +€10 | +0.6% |
| Gross operating margin | 9900 | €192,295 | €170,977 | -€21,318 | -11.1% |
| Operating profit (loss) | 9901 | €770 | €11,996 | +€11,226 | +1458.7% |
| Financial income | 75/76B | €0 | €1,166 | +€1,166 | |
| Recurring financial income | 75 | €0 | €1,166 | +€1,166 | |
| Financial charges | 65/66B | €380 | €330 | -€50 | -13.1% |
| Recurring financial charges | 65 | €380 | €330 | -€50 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €390 | €12,831 | +€12,442 | +3190.8% |
| Profit (loss) for the period | 9904 | €390 | €12,831 | +€12,442 | +3190.8% |
| Profit (loss) for the period to be appropriated | 9905 | €390 | €12,831 | +€12,442 | +3190.8% |
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 4 October 2026 via checked.be.