Delta Squared
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €150,000 and €210,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €171,392 on 31-12-2025in euro
in euro
Position in the sector
73.9%
Higher than 66% of 21,208 companies in 2025.
3.75
Higher than 66% of 20,571 companies in 2025.
49.2%
Higher than 85% of 20,746 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
171,392 | 64,533 | |
21/28 |
3,732 | 5,692 | |
22/27 |
3,732 | 5,692 | |
23 |
2,376 | 3,917 | |
24 |
1,356 | 1,775 | |
29/58 |
167,659 | 58,841 | |
40/41 |
46,289 | 15,379 | |
40 |
16,456 | 15,379 | |
41 |
29,833 | - | |
54/58 |
118,657 | 43,308 | |
490/1 |
2,714 | 154 | |
| Balance sheet: equity and liabilities | |||
10/49 |
171,392 | 64,533 | |
10/15 |
126,710 | 44,131 | |
10/11 |
3,000 | 3,000 | |
13 |
123,710 | 41,131 | |
133 |
123,710 | 41,131 | |
17/49 |
44,682 | 20,402 | |
42/48 |
44,682 | 20,402 | |
44 |
348 | 72 | |
440/4 |
348 | 72 | |
45 |
42,668 | 18,226 | |
450/3 |
42,668 | 18,030 | |
454/9 |
- | 196 | |
47/48 |
1,666 | 2,105 | |
| Income statement | |||
9900 |
108,118 | 55,655 | |
630 |
1,959 | 1,024 | |
640/8 |
186 | 225 | |
9901 |
105,973 | 54,406 | |
75/76B |
808 | - | |
75 |
808 | - | |
65/66B |
133 | 57 | |
65 |
133 | 57 | |
9903 |
106,648 | 54,350 | |
67/77 |
22,403 | 11,601 | |
9904 |
84,245 | 42,749 | |
9905 |
84,245 | 42,749 | |
| Appropriation of the result | |||
9906 |
84,245 | 42,749 | |
691/2 |
82,579 | 41,131 | |
6921 |
82,579 | 41,131 | |
694/7 |
1,666 | 1,618 | |
694 |
1,666 | 1,618 | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 107,933 | 55,430 | ||
| 86,205 | 43,773 | ||
| 0 | 6,716 | ||
| 75,348 | - | ||
| 122,978 | 38,439 | ||
| 73.9% | 68.4% | ||
| 3.75 | 2.88 | ||
| 0.35 | 0.46 | ||
| 66.5% | 96.9% | ||
| 49.2% | 66.2% | ||
| over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €6,716 |
| €1,959 | €1,024 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Delta Squared
The operating result for 2025 is 95% higher than in 2024.
Debt's share of the balance-sheet total falls from 31.6% to 26.1%. Equity and debt are higher.