DELLA: what changed
DELLA
Largest movements
- Cash +€41,296
up €41,296 (+261%), from €15,807 to €57,103
mainly Net result for the year (+€69,399) and Tax, wage and social debts (+€15,477)
- Tangible fixed assets +€38,725
up €38,725 (+506%), from €7,647 to €46,372
of which Furniture and vehicles: +€23,273
- Receivables within one year +€26,056
up €26,056 (+344%), from €7,567 to €33,623
of which Trade receivables: +€25,807
- Current investments -€6,999
down €6,999 (-44.3%), from €15,800 to €8,801
- Deferred charges and accrued income +€2,535
up €2,535 (+1,723%), from €147 to €2,682
- Profit (loss) carried forward +€69,399
up €69,399 (+232%), from €29,891 to €99,290
- Tax, wage and social debts +€15,477
up €15,477 (+113%), from €13,757 to €29,234
of which Taxes: +€17,015
- Debts after one year +€9,129
new in 2025: €9,129
- Current portion of long-term debt +€6,593
new in 2025: €6,593
- Trade debts +€1,538
up €1,538 (+448%), from €343 to €1,882
- Gross operating margin +€77,825
up €77,825 (+338%), from €23,047 to €100,873
- Taxes +€12,861
up €12,861 (+258%), from €4,986 to €17,847
- Depreciation +€10,022
up €10,022 (+510%), from €1,967 to €11,989
- Financial charges +€1,839
up €1,839 (+9,609%), from €19 to €1,858
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,051 | €149,151 | +€102,100 | +217% |
| Fixed assets | 21/28 | €7,731 | €46,941 | +€39,211 | +507% |
| Intangible fixed assets | 21 | €83 | €69 | -€14 | -17.1% |
| Tangible fixed assets | 22/27 | €7,647 | €46,372 | +€38,725 | +506% |
| Land and buildings | 22 | - | €10,541 | +€10,541 | |
| Plant, machinery and equipment | 23 | - | €4,911 | +€4,911 | |
| Furniture and vehicles | 24 | €7,647 | €30,921 | +€23,273 | +304% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €39,321 | €102,210 | +€62,889 | +160% |
| Amounts receivable within one year | 40/41 | €7,567 | €33,623 | +€26,056 | +344% |
| Trade receivables | 40 | €6,416 | €32,224 | +€25,807 | +402% |
| Other amounts receivable | 41 | €1,151 | €1,400 | +€249 | +21.6% |
| Current investments | 50/53 | €15,800 | €8,801 | -€6,999 | -44.3% |
| Cash at bank and in hand | 54/58 | €15,807 | €57,103 | +€41,296 | +261% |
| Deferred charges and accrued income | 490/1 | €147 | €2,682 | +€2,535 | +1,723% |
| Total equity and liabilities | 10/49 | €47,051 | €149,151 | +€102,100 | +217% |
| Equity | 10/15 | €32,891 | €102,290 | +€69,399 | +211% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,891 | €99,290 | +€69,399 | +232% |
| Amounts payable | 17/49 | €14,160 | €46,861 | +€32,701 | +231% |
| Amounts payable after more than one year | 17 | - | €9,129 | +€9,129 | |
| Financial debts | 170/4 | - | €9,129 | +€9,129 | |
| Amounts payable within one year | 42/48 | €14,160 | €37,732 | +€23,572 | +166% |
| Current portion of amounts payable after more than one year | 42 | - | €6,593 | +€6,593 | |
| Trade debts | 44 | €343 | €1,882 | +€1,538 | +448% |
| Suppliers | 440/4 | €343 | €1,882 | +€1,538 | +448% |
| Taxes, remuneration and social security | 45 | €13,757 | €29,234 | +€15,477 | +113% |
| Taxes | 450/3 | €6,218 | €23,234 | +€17,015 | +274% |
| Remuneration and social security | 454/9 | €7,538 | €6,000 | -€1,538 | -20.4% |
| Other amounts payable | 47/48 | €60 | €24 | -€36 | -59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,967 | €11,989 | +€10,022 | +510% |
| Other operating charges | 640/8 | - | €231 | +€231 | |
| Non-recurring operating charges | 66A | €117 | €40 | -€77 | -65.8% |
| Gross operating margin | 9900 | €23,047 | €100,873 | +€77,825 | +338% |
| Operating profit (loss) | 9901 | €20,963 | €88,612 | +€67,649 | +323% |
| Financial income | 75/76B | €1 | €492 | +€491 | +98,276% |
| Recurring financial income | 75 | €1 | €492 | +€491 | +98,276% |
| Financial charges | 65/66B | €19 | €1,858 | +€1,839 | +9,609% |
| Recurring financial charges | 65 | €19 | €1,858 | +€1,839 | +9,609% |
| Profit (loss) for the period before taxes | 9903 | €20,945 | €87,246 | +€66,301 | +317% |
| Income taxes | 67/77 | €4,986 | €17,847 | +€12,861 | +258% |
| Profit (loss) for the period | 9904 | €15,959 | €69,399 | +€53,440 | +335% |
| Profit (loss) for the period to be appropriated | 9905 | €15,959 | €69,399 | +€53,440 | +335% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.