GROUPE DELAUNOIT: 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.
GROUPE DELAUNOIT
Largest movements
- Receivables within one year -€137,157
down €137,157 (-18.7%), from €733,638 to €596,481
of which Trade receivables: -€153,360
- Stocks and contracts +€59,423
up €59,423 (+8.3%), from €717,262 to €776,685
- Cash +€45,220
up €45,220 (+704%), from €6,421 to €51,641
mainly Receivables within one year (+€137,157) and Other debts (+€72,262)
- Financial fixed assets +€25,654
up €25,654 (+328%), from €7,820 to €33,474
- Trade debts -€209,388
down €209,388 (-42.5%), from €492,632 to €283,244
- Other debts +€72,262
up €72,262 (+153%), from €47,237 to €119,499
- Debts after one year +€61,210
up €61,210 (+17.4%), from €350,970 to €412,180
- Short-term financial debts +€56,519
up €56,519 (+25.7%), from €220,000 to €276,519
- Purchases and services -€271,032
down €271,032 (-36.0%), from €752,789 to €481,757
- Turnover -€133,306
down €133,306 (-17.7%), from €753,221 to €619,915
- Gross operating margin -€88,416
down €88,416 (-42.6%), from €207,411 to €118,995
- Write-downs -€62,659
no longer reported in 2025 (was €62,659)
- Financial charges -€39,177
down €39,177 (-58.3%), from €67,247 to €28,070
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 | €1,486,297 | €1,470,782 | -€15,515 | -1.0% |
| Fixed assets | 21/28 | €28,976 | €45,975 | +€16,999 | +58.7% |
| Intangible fixed assets | 21 | €21,156 | €12,501 | -€8,655 | -40.9% |
| Financial fixed assets | 28 | €7,820 | €33,474 | +€25,654 | +328% |
| Current assets | 29/58 | €1,457,321 | €1,424,807 | -€32,514 | -2.2% |
| Stocks and contracts in progress | 3 | €717,262 | €776,685 | +€59,423 | +8.3% |
| Stocks | 30/36 | €717,262 | €776,685 | +€59,423 | +8.3% |
| Amounts receivable within one year | 40/41 | €733,638 | €596,481 | -€137,157 | -18.7% |
| Trade receivables | 40 | €733,638 | €580,278 | -€153,360 | -20.9% |
| Other amounts receivable | 41 | - | €16,203 | +€16,203 | |
| Cash at bank and in hand | 54/58 | €6,421 | €51,641 | +€45,220 | +704% |
| Total equity and liabilities | 10/49 | €1,486,297 | €1,470,782 | -€15,515 | -1.0% |
| Equity | 10/15 | €361,990 | €372,626 | +€10,636 | +2.9% |
| Contributions | 10/11 | €410,913 | €410,913 | = | 0.0% |
| Capital | 10 | €410,913 | €410,913 | = | 0.0% |
| Issued capital | 100 | €410,913 | €410,913 | = | 0.0% |
| Revaluation surpluses | 12 | €38,784 | €38,784 | = | 0.0% |
| Reserves | 13 | €3,568 | €3,568 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,568 | €3,568 | = | 0.0% |
| Legal reserve | 130 | €3,568 | €3,568 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,275 | -€80,639 | +€10,636 | +11.7% |
| Amounts payable | 17/49 | €1,124,307 | €1,098,156 | -€26,151 | -2.3% |
| Amounts payable after more than one year | 17 | €350,970 | €412,180 | +€61,210 | +17.4% |
| Trade debts | 175 | €350,970 | €412,180 | +€61,210 | +17.4% |
| Amounts payable within one year | 42/48 | €773,337 | €685,976 | -€87,361 | -11.3% |
| Financial debts | 43 | €220,000 | €276,519 | +€56,519 | +25.7% |
| Credit institutions | 430/8 | €220,000 | €276,519 | +€56,519 | +25.7% |
| Trade debts | 44 | €492,632 | €283,244 | -€209,388 | -42.5% |
| Suppliers | 440/4 | €492,632 | €283,244 | -€209,388 | -42.5% |
| Taxes, remuneration and social security | 45 | €13,468 | €6,714 | -€6,754 | -50.1% |
| Taxes | 450/3 | €7,513 | €6,714 | -€799 | -10.6% |
| Remuneration and social security | 454/9 | €5,955 | - | -€5,955 | |
| Other amounts payable | 47/48 | €47,237 | €119,499 | +€72,262 | +153% |
| Turnover | 70 | €753,221 | €619,915 | -€133,306 | -17.7% |
| Non-recurring operating income | 76A | €206,979 | - | -€206,979 | |
| Goods, raw materials, services and sundry goods | 60/61 | €752,789 | €481,757 | -€271,032 | -36.0% |
| Remuneration, social security and pensions | 62 | €47,109 | €78,930 | +€31,821 | +67.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,655 | €8,655 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €62,659 | - | -€62,659 | |
| Other operating charges | 640/8 | €5,580 | €2,286 | -€3,294 | -59.0% |
| Gross operating margin | 9900 | €207,411 | €118,995 | -€88,416 | -42.6% |
| Operating profit (loss) | 9901 | €83,408 | €29,124 | -€54,284 | -65.1% |
| Financial charges | 65/66B | €67,247 | €28,070 | -€39,177 | -58.3% |
| Recurring financial charges | 65 | €67,247 | €28,070 | -€39,177 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | €16,161 | €1,054 | -€15,107 | -93.5% |
| Income taxes | 67/77 | - | -€9,582 | -€9,582 | |
| Profit (loss) for the period | 9904 | €16,161 | €10,636 | -€5,525 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,161 | €10,636 | -€5,525 | -34.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.