GROUP DELBEKE: 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.
GROUP DELBEKE
Largest movements
- Receivables within one year -€35,525
down €35,525 (-15.2%), from €233,525 to €198,000
- Tangible fixed assets -€32,619
down €32,619 (-3.1%), from €1.1m to €1.0m
- Cash +€32,296
up €32,296 (+54.0%), from €59,847 to €92,143
mainly Net result for the year (+€169,446) and Receivables within one year (+€35,525)
- Profit (loss) carried forward +€169,446
up €169,446 (+31.7%), from €534,065 to €703,511
- Other debts -€148,869
down €148,869 (-53.9%), from €276,091 to €127,222
- Debts after one year -€59,875
down €59,875 (-13.1%), from €456,085 to €396,210
- Depreciation -€34,967
down €34,967 (-51.7%), from €67,586 to €32,619
- Gross operating margin -€10,155
down €10,155 (-3.5%), from €290,326 to €280,171
- Taxes +€5,881
up €5,881 (+11.5%), from €51,024 to €56,904
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 | €1,355,559 | €1,319,747 | -€35,812 | -2.6% |
| Fixed assets | 21/28 | €1,061,464 | €1,028,846 | -€32,619 | -3.1% |
| Tangible fixed assets | 22/27 | €1,061,464 | €1,028,846 | -€32,619 | -3.1% |
| Land and buildings | 22 | €1,061,464 | €1,028,846 | -€32,619 | -3.1% |
| Current assets | 29/58 | €294,095 | €290,901 | -€3,194 | -1.1% |
| Amounts receivable within one year | 40/41 | €233,525 | €198,000 | -€35,525 | -15.2% |
| Trade receivables | 40 | €233,525 | €198,000 | -€35,525 | -15.2% |
| Cash at bank and in hand | 54/58 | €59,847 | €92,143 | +€32,296 | +54.0% |
| Deferred charges and accrued income | 490/1 | €722 | €758 | +€35 | +4.9% |
| Total equity and liabilities | 10/49 | €1,355,559 | €1,319,747 | -€35,812 | -2.6% |
| Equity | 10/15 | €556,065 | €725,511 | +€169,446 | +30.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €534,065 | €703,511 | +€169,446 | +31.7% |
| Amounts payable | 17/49 | €799,495 | €594,236 | -€205,259 | -25.7% |
| Amounts payable after more than one year | 17 | €456,085 | €396,210 | -€59,875 | -13.1% |
| Financial debts | 170/4 | €456,085 | €396,210 | -€59,875 | -13.1% |
| Amounts payable within one year | 42/48 | €343,410 | €198,026 | -€145,384 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €58,659 | €59,875 | +€1,215 | +2.1% |
| Financial debts | 43 | - | €77 | +€77 | |
| Credit institutions | 430/8 | - | €77 | +€77 | |
| Trade debts | 44 | €4,557 | €824 | -€3,733 | -81.9% |
| Suppliers | 440/4 | €4,557 | €824 | -€3,733 | -81.9% |
| Taxes, remuneration and social security | 45 | €4,102 | €10,028 | +€5,926 | +144% |
| Taxes | 450/3 | €4,102 | €10,028 | +€5,926 | +144% |
| Other amounts payable | 47/48 | €276,091 | €127,222 | -€148,869 | -53.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,586 | €32,619 | -€34,967 | -51.7% |
| Other operating charges | 640/8 | €6,651 | €6,816 | +€165 | +2.5% |
| Gross operating margin | 9900 | €290,326 | €280,171 | -€10,155 | -3.5% |
| Operating profit (loss) | 9901 | €216,089 | €240,737 | +€24,647 | +11.4% |
| Financial charges | 65/66B | €14,743 | €14,386 | -€357 | -2.4% |
| Recurring financial charges | 65 | €14,743 | €14,386 | -€357 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €201,346 | €226,351 | +€25,004 | +12.4% |
| Income taxes | 67/77 | €51,024 | €56,904 | +€5,881 | +11.5% |
| Profit (loss) for the period | 9904 | €150,323 | €169,446 | +€19,124 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €150,323 | €169,446 | +€19,124 | +12.7% |
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 22 October 2026 via checked.be.