Delyse: 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.
Delyse
Largest movements
- Deferred charges and accrued income +€26,978
up €26,978 (+940.4%), from €2,869 to €29,847
- Tangible fixed assets -€18,176
down €18,176 (-2.9%), from €629,362 to €611,186
- Debts after one year -€16,697
down €16,697 (-3.3%), from €502,541 to €485,844
- Profit (loss) carried forward +€9,579
up €9,579 (+10.5%), from -€91,004 to -€81,424
- Other debts +€7,905
up €7,905 (+7.2%), from €110,363 to €118,268
- Current portion of long-term debt +€7,517
up €7,517 (+25.0%), from €30,101 to €37,618
- Gross operating margin +€61,658
up €61,658, from -€9,957 to €51,701
- Depreciation -€30,946
down €30,946 (-63.0%), from €49,122 to €18,176
- Financial charges -€6,896
down €6,896 (-23.5%), from €29,358 to €22,462
- Other operating charges -€1,083
down €1,083 (-42.2%), from €2,567 to €1,484
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 | €632,246 | €641,638 | +€9,392 | +1.5% |
| Fixed assets | 21/28 | €629,362 | €611,186 | -€18,176 | -2.9% |
| Tangible fixed assets | 22/27 | €629,362 | €611,186 | -€18,176 | -2.9% |
| Land and buildings | 22 | €629,362 | €611,186 | -€18,176 | -2.9% |
| Current assets | 29/58 | €2,885 | €30,452 | +€27,568 | +955.7% |
| Cash at bank and in hand | 54/58 | €16 | €605 | +€590 | +3716.9% |
| Deferred charges and accrued income | 490/1 | €2,869 | €29,847 | +€26,978 | +940.4% |
| Total equity and liabilities | 10/49 | €632,246 | €641,638 | +€9,392 | +1.5% |
| Equity | 10/15 | -€13,004 | -€3,424 | +€9,579 | +73.7% |
| Contributions | 10/11 | €78,000 | €78,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,004 | -€81,424 | +€9,579 | +10.5% |
| Amounts payable | 17/49 | €645,250 | €645,062 | -€188 | 0.0% |
| Amounts payable after more than one year | 17 | €502,541 | €485,844 | -€16,697 | -3.3% |
| Financial debts | 170/4 | €502,541 | €485,844 | -€16,697 | -3.3% |
| Amounts payable within one year | 42/48 | €142,709 | €159,218 | +€16,509 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €30,101 | €37,618 | +€7,517 | +25.0% |
| Trade debts | 44 | €2,245 | €3,332 | +€1,087 | +48.4% |
| Suppliers | 440/4 | €2,245 | €3,332 | +€1,087 | +48.4% |
| Other amounts payable | 47/48 | €110,363 | €118,268 | +€7,905 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,122 | €18,176 | -€30,946 | -63.0% |
| Other operating charges | 640/8 | €2,567 | €1,484 | -€1,083 | -42.2% |
| Gross operating margin | 9900 | -€9,957 | €51,701 | +€61,658 | |
| Operating profit (loss) | 9901 | -€61,645 | €32,041 | +€93,687 | |
| Financial charges | 65/66B | €29,358 | €22,462 | -€6,896 | -23.5% |
| Recurring financial charges | 65 | €29,358 | €22,462 | -€6,896 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | -€91,004 | €9,579 | +€100,583 | |
| Profit (loss) for the period | 9904 | -€91,004 | €9,579 | +€100,583 | |
| Profit (loss) for the period to be appropriated | 9905 | -€91,004 | €9,579 | +€100,583 |
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 28 September 2026 via checked.be.