DELUY: 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.
DELUY
Largest movements
- Stocks and contracts -€6,380
down €6,380 (-72.2%), from €8,840 to €2,460
- Receivables within one year +€4,319
up €4,319 (+126%), from €3,437 to €7,757
- Deferred charges and accrued income -€1,101
down €1,101 (-78.7%), from €1,400 to €299
- Cash -€655
down €655 (-11.8%), from €5,535 to €4,880
mainly Net result for the year (-€7,964) and Receivables within one year (-€4,319)
- Profit (loss) carried forward -€7,964
down €7,964 (-55.8%), from €14,283 to €6,319
- Trade debts +€5,113
up €5,113 (+548%), from €934 to €6,047
- Tax, wage and social debts -€967
down €967 (-55.7%), from €1,736 to €769
of which Taxes: -€879
- Gross operating margin -€9,910
down €9,910, from €2,841 to -€7,069
- Depreciation -€4,000
no longer reported in 2025 (was €4,000)
- Taxes -€2,050
no longer reported in 2025 (was €2,050)
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 | €20,203 | €16,385 | -€3,817 | -18.9% |
| Fixed assets | 21/28 | €990 | €990 | = | 0.0% |
| Financial fixed assets | 28 | €990 | €990 | = | 0.0% |
| Current assets | 29/58 | €19,213 | €15,395 | -€3,817 | -19.9% |
| Stocks and contracts in progress | 3 | €8,840 | €2,460 | -€6,380 | -72.2% |
| Stocks | 30/36 | €8,840 | €2,460 | -€6,380 | -72.2% |
| Amounts receivable within one year | 40/41 | €3,437 | €7,757 | +€4,319 | +126% |
| Trade receivables | 40 | €3,437 | €7,757 | +€4,319 | +126% |
| Cash at bank and in hand | 54/58 | €5,535 | €4,880 | -€655 | -11.8% |
| Deferred charges and accrued income | 490/1 | €1,400 | €299 | -€1,101 | -78.7% |
| Total equity and liabilities | 10/49 | €20,203 | €16,385 | -€3,817 | -18.9% |
| Equity | 10/15 | €16,283 | €8,319 | -€7,964 | -48.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,283 | €6,319 | -€7,964 | -55.8% |
| Amounts payable | 17/49 | €3,920 | €8,066 | +€4,146 | +106% |
| Amounts payable within one year | 42/48 | €3,920 | €8,066 | +€4,146 | +106% |
| Trade debts | 44 | €934 | €6,047 | +€5,113 | +548% |
| Suppliers | 440/4 | €934 | €6,047 | +€5,113 | +548% |
| Taxes, remuneration and social security | 45 | €1,736 | €769 | -€967 | -55.7% |
| Taxes | 450/3 | €1,648 | €769 | -€879 | -53.3% |
| Remuneration and social security | 454/9 | €88 | - | -€88 | |
| Other amounts payable | 47/48 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | - | -€4,000 | |
| Other operating charges | 640/8 | €729 | €752 | +€23 | +3.2% |
| Gross operating margin | 9900 | €2,841 | -€7,069 | -€9,910 | |
| Operating profit (loss) | 9901 | -€1,888 | -€7,821 | -€5,933 | -314% |
| Financial charges | 65/66B | €131 | €142 | +€11 | +8.6% |
| Recurring financial charges | 65 | €131 | €142 | +€11 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,019 | -€7,964 | -€5,945 | -294% |
| Income taxes | 67/77 | €2,050 | - | -€2,050 | |
| Profit (loss) for the period | 9904 | -€4,069 | -€7,964 | -€3,895 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,069 | -€7,964 | -€3,895 | -95.7% |
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 25 October 2026 via checked.be.