Delberghe Consult: 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.
Delberghe Consult
Largest movements
- Receivables within one year +€60,188
up €60,188 (+273%), from €22,069 to €82,258
of which Other amounts receivable: +€51,278
- Cash -€33,693
down €33,693 (-91.1%), from €37,002 to €3,309
mainly Receivables within one year (-€60,188) and Tax, wage and social debts (-€16,031)
- Tangible fixed assets +€2,432
up €2,432 (+74.7%), from €3,257 to €5,689
- Deferred charges and accrued income +€1,599
up €1,599 (+46.2%), from €3,458 to €5,057
- Reserves +€45,683
up €45,683 (+44.5%), from €102,557 to €148,240
- Tax, wage and social debts -€16,031
down €16,031 (-86.2%), from €18,606 to €2,575
- Taxes -€3,287
down €3,287 (-21.4%), from €15,338 to €12,051
- Gross operating margin -€3,180
down €3,180 (-5.4%), from €58,394 to €55,214
- Financial income +€2,790
up €2,790 (+125%), from €2,226 to €5,016
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 | €122,286 | €152,812 | +€30,527 | +25.0% |
| Fixed assets | 21/28 | €3,257 | €5,689 | +€2,432 | +74.7% |
| Tangible fixed assets | 22/27 | €3,257 | €5,689 | +€2,432 | +74.7% |
| Furniture and vehicles | 24 | €3,257 | €5,689 | +€2,432 | +74.7% |
| Current assets | 29/58 | €119,029 | €147,123 | +€28,094 | +23.6% |
| Amounts receivable after more than one year | 29 | €56,500 | €56,500 | = | 0.0% |
| Other amounts receivable | 291 | €56,500 | €56,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,069 | €82,258 | +€60,188 | +273% |
| Trade receivables | 40 | €386 | €9,297 | +€8,911 | +2,306% |
| Other amounts receivable | 41 | €21,683 | €72,961 | +€51,278 | +236% |
| Cash at bank and in hand | 54/58 | €37,002 | €3,309 | -€33,693 | -91.1% |
| Deferred charges and accrued income | 490/1 | €3,458 | €5,057 | +€1,599 | +46.2% |
| Total equity and liabilities | 10/49 | €122,286 | €152,812 | +€30,527 | +25.0% |
| Equity | 10/15 | €103,557 | €149,240 | +€45,683 | +44.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €102,557 | €148,240 | +€45,683 | +44.5% |
| Distributable reserves | 133 | €102,557 | €148,240 | +€45,683 | +44.5% |
| Amounts payable | 17/49 | €18,728 | €3,572 | -€15,156 | -80.9% |
| Amounts payable within one year | 42/48 | €18,728 | €3,572 | -€15,156 | -80.9% |
| Trade debts | 44 | €122 | €997 | +€875 | +716% |
| Suppliers | 440/4 | €122 | €997 | +€875 | +716% |
| Taxes, remuneration and social security | 45 | €18,606 | €2,575 | -€16,031 | -86.2% |
| Taxes | 450/3 | €18,606 | €2,575 | -€16,031 | -86.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,121 | €1,807 | -€314 | -14.8% |
| Other operating charges | 640/8 | €425 | €640 | +€216 | +50.8% |
| Gross operating margin | 9900 | €58,394 | €55,214 | -€3,180 | -5.4% |
| Operating profit (loss) | 9901 | €55,848 | €52,766 | -€3,082 | -5.5% |
| Financial income | 75/76B | €2,226 | €5,016 | +€2,790 | +125% |
| Recurring financial income | 75 | €2,226 | €5,016 | +€2,790 | +125% |
| Financial charges | 65/66B | €101 | €48 | -€53 | -52.2% |
| Recurring financial charges | 65 | €101 | €48 | -€53 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €57,973 | €57,734 | -€240 | -0.4% |
| Income taxes | 67/77 | €15,338 | €12,051 | -€3,287 | -21.4% |
| Profit (loss) for the period | 9904 | €42,635 | €45,683 | +€3,048 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,635 | €45,683 | +€3,048 | +7.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.