ROYAL DELICIOUS: 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.
ROYAL DELICIOUS
Largest movements
- Receivables within one year -€19,930
down €19,930 (-95.9%), from €20,791 to €861
of which Trade receivables: -€14,208
- Cash +€17,827
up €17,827 (+168%), from €10,623 to €28,450
mainly Receivables within one year (+€19,930) and Trade debts (+€13,334)
- Stocks and contracts -€1,205
down €1,205 (-36.7%), from €3,285 to €2,080
- Tangible fixed assets -€556
no longer reported in 2025 (was €556)
- Advances received -€13,683
no longer reported in 2025 (was €13,683)
- Trade debts +€13,334
up €13,334 (+105%), from €12,740 to €26,075
- Tax, wage and social debts -€4,806
down €4,806 (-42.9%), from €11,216 to €6,410
of which Remuneration and social security: -€2,750
- Profit (loss) carried forward +€3,804
up €3,804 (+77.2%), from -€4,930 to -€1,126
- Other debts -€2,511
no longer reported in 2025 (was €2,511)
- Gross operating margin +€1,597
up €1,597 (+41.3%), from €3,871 to €5,468
- Other operating charges +€756
up €756 (+187%), from €404 to €1,160
- Depreciation -€111
down €111 (-16.7%), from €667 to €556
- Financial income +€98
new in 2025: €98
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 | €35,255 | €31,392 | -€3,863 | -11.0% |
| Fixed assets | 21/28 | €556 | - | -€556 | |
| Tangible fixed assets | 22/27 | €556 | - | -€556 | |
| Furniture and vehicles | 24 | €556 | - | -€556 | |
| Current assets | 29/58 | €34,699 | €31,392 | -€3,307 | -9.5% |
| Stocks and contracts in progress | 3 | €3,285 | €2,080 | -€1,205 | -36.7% |
| Stocks | 30/36 | €3,285 | €2,080 | -€1,205 | -36.7% |
| Amounts receivable within one year | 40/41 | €20,791 | €861 | -€19,930 | -95.9% |
| Trade receivables | 40 | €14,208 | - | -€14,208 | |
| Other amounts receivable | 41 | €6,582 | €861 | -€5,721 | -86.9% |
| Cash at bank and in hand | 54/58 | €10,623 | €28,450 | +€17,827 | +168% |
| Total equity and liabilities | 10/49 | €35,255 | €31,392 | -€3,863 | -11.0% |
| Equity | 10/15 | -€4,896 | -€1,093 | +€3,804 | +77.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €33 | €33 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33 | €33 | = | 0.0% |
| Reserves not available under the articles | 1311 | €33 | €33 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,930 | -€1,126 | +€3,804 | +77.2% |
| Amounts payable | 17/49 | €40,151 | €32,484 | -€7,667 | -19.1% |
| Amounts payable within one year | 42/48 | €40,151 | €32,484 | -€7,667 | -19.1% |
| Trade debts | 44 | €12,740 | €26,075 | +€13,334 | +105% |
| Suppliers | 440/4 | €12,740 | €26,075 | +€13,334 | +105% |
| Advances received on contracts in progress | 46 | €13,683 | - | -€13,683 | |
| Taxes, remuneration and social security | 45 | €11,216 | €6,410 | -€4,806 | -42.9% |
| Taxes | 450/3 | €4,016 | €1,960 | -€2,056 | -51.2% |
| Remuneration and social security | 454/9 | €7,200 | €4,450 | -€2,750 | -38.2% |
| Other amounts payable | 47/48 | €2,511 | - | -€2,511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €667 | €556 | -€111 | -16.7% |
| Other operating charges | 640/8 | €404 | €1,160 | +€756 | +187% |
| Gross operating margin | 9900 | €3,871 | €5,468 | +€1,597 | +41.3% |
| Operating profit (loss) | 9901 | €2,800 | €3,753 | +€952 | +34.0% |
| Financial income | 75/76B | - | €98 | +€98 | |
| Recurring financial income | 75 | - | €98 | +€98 | |
| Financial charges | 65/66B | €49 | €47 | -€2 | -3.7% |
| Recurring financial charges | 65 | €49 | €47 | -€2 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €2,752 | €3,804 | +€1,052 | +38.2% |
| Profit (loss) for the period | 9904 | €2,752 | €3,804 | +€1,052 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,752 | €3,804 | +€1,052 | +38.2% |
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 18 October 2026 via checked.be.