DELBART IVAN: what changed
Two fiscal 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.
DELBART IVAN
Largest movements
- Intangible fixed assets -€4,000
down €4,000 (-23.7%), from €16,855 to €12,855
- Receivables within one year +€3,745
up €3,745 (+9.6%), from €38,917 to €42,662
of which Trade receivables: +€5,866
- Tangible fixed assets -€949
down €949 (-45.1%), from €2,103 to €1,154
- Profit (loss) carried forward -€19,546
down €19,546, from €3,960 to -€15,586
- Tax, wage and social debts +€15,541
up €15,541 (+118.5%), from €13,116 to €28,657
of which Remuneration and social security: +€16,284
- Trade debts +€12,007
up €12,007, from €0 to €12,007
- Other debts -€9,469
down €9,469 (-61.2%), from €15,478 to €6,009
- Staff costs +€34,832
up €34,832 (+83.4%), from €41,775 to €76,607
- Other operating charges +€13,594
up €13,594 (+1985.7%), from €685 to €14,278
- Gross operating margin +€11,182
up €11,182 (+16.5%), from €67,567 to €78,750
- Taxes -€4,733
down €4,733, from €4,730 to -€3
- Depreciation +€906
up €906 (+22.4%), from €4,044 to €4,949
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.
Cash bridge derived
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 | €60,125 | €59,044 | -€1,081 | -1.8% |
| Fixed assets | 21/28 | €18,958 | €14,008 | -€4,949 | -26.1% |
| Intangible fixed assets | 21 | €16,855 | €12,855 | -€4,000 | -23.7% |
| Tangible fixed assets | 22/27 | €2,103 | €1,154 | -€949 | -45.1% |
| Furniture and vehicles | 24 | €2,103 | €1,154 | -€949 | -45.1% |
| Current assets | 29/58 | €41,167 | €45,035 | +€3,868 | +9.4% |
| Amounts receivable within one year | 40/41 | €38,917 | €42,662 | +€3,745 | +9.6% |
| Trade receivables | 40 | €36,796 | €42,662 | +€5,866 | +15.9% |
| Other amounts receivable | 41 | €2,122 | - | -€2,122 | |
| Cash at bank and in hand | 54/58 | €2,250 | €2,373 | +€123 | +5.5% |
| Total equity and liabilities | 10/49 | €60,125 | €59,044 | -€1,081 | -1.8% |
| Equity | 10/15 | €17,960 | -€1,586 | -€19,546 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,960 | -€15,586 | -€19,546 | |
| Amounts payable | 17/49 | €42,165 | €60,630 | +€18,465 | +43.8% |
| Amounts payable within one year | 42/48 | €42,165 | €60,630 | +€18,465 | +43.8% |
| Financial debts | 43 | €13,572 | €13,957 | +€385 | +2.8% |
| Credit institutions | 430/8 | €13,572 | €13,957 | +€385 | +2.8% |
| Trade debts | 44 | €0 | €12,007 | +€12,007 | |
| Suppliers | 440/4 | €0 | €12,007 | +€12,007 | |
| Taxes, remuneration and social security | 45 | €13,116 | €28,657 | +€15,541 | +118.5% |
| Taxes | 450/3 | €5,487 | €4,744 | -€743 | -13.5% |
| Remuneration and social security | 454/9 | €7,629 | €23,913 | +€16,284 | +213.5% |
| Other amounts payable | 47/48 | €15,478 | €6,009 | -€9,469 | -61.2% |
| Remuneration, social security and pensions | 62 | €41,775 | €76,607 | +€34,832 | +83.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,044 | €4,949 | +€906 | +22.4% |
| Other operating charges | 640/8 | €685 | €14,278 | +€13,594 | +1985.7% |
| Gross operating margin | 9900 | €67,567 | €78,750 | +€11,182 | +16.5% |
| Operating profit (loss) | 9901 | €21,064 | -€17,085 | -€38,149 | |
| Financial income | 75/76B | €187 | €24 | -€163 | -87.0% |
| Recurring financial income | 75 | €187 | €24 | -€163 | -87.0% |
| Financial charges | 65/66B | €2,838 | €2,489 | -€349 | -12.3% |
| Recurring financial charges | 65 | €2,838 | €2,489 | -€349 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €18,413 | -€19,549 | -€37,962 | |
| Income taxes | 67/77 | €4,730 | -€3 | -€4,733 | |
| Profit (loss) for the period | 9904 | €13,683 | -€19,546 | -€33,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,683 | -€19,546 | -€33,229 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.