DelFa Consulting: 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.
DelFa Consulting
Largest movements
- Current investments +€20,000
up €20,000 (+33.3%), from €60,000 to €80,000
- Cash +€11,360
up €11,360 (+11.5%), from €98,447 to €109,808
mainly Net result for the year (+€37,099) and Other debts (+€15,718)
- Receivables within one year +€6,954
up €6,954 (+112%), from €6,220 to €13,174
of which Trade receivables: +€6,954
- Tangible fixed assets +€4,013
up €4,013 (+58.0%), from €6,923 to €10,936
of which Land and buildings: +€5,227
- Reserves +€20,349
up €20,349 (+13.9%), from €146,086 to €166,436
- Other debts +€15,718
up €15,718 (+1,204%), from €1,306 to €17,024
- Tax, wage and social debts +€5,664
up €5,664 (+247%), from €2,293 to €7,957
- Gross operating margin -€7,321
down €7,321 (-11.2%), from €65,427 to €58,106
- Financial income +€2,198
up €2,198 (+249%), from €884 to €3,082
- Taxes -€2,022
down €2,022 (-10.2%), from €19,868 to €17,846
- Financial charges +€1,187
up €1,187 (+79.2%), from €1,499 to €2,687
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 | €171,952 | €214,247 | +€42,295 | +24.6% |
| Fixed assets | 21/28 | €6,923 | €10,936 | +€4,013 | +58.0% |
| Tangible fixed assets | 22/27 | €6,923 | €10,936 | +€4,013 | +58.0% |
| Land and buildings | 22 | €4,136 | €9,363 | +€5,227 | +126% |
| Plant, machinery and equipment | 23 | €692 | €304 | -€389 | -56.1% |
| Furniture and vehicles | 24 | €2,094 | €1,269 | -€825 | -39.4% |
| Current assets | 29/58 | €165,029 | €203,311 | +€38,282 | +23.2% |
| Amounts receivable within one year | 40/41 | €6,220 | €13,174 | +€6,954 | +112% |
| Trade receivables | 40 | €3,831 | €10,785 | +€6,954 | +181% |
| Other amounts receivable | 41 | €2,389 | €2,389 | = | 0.0% |
| Current investments | 50/53 | €60,000 | €80,000 | +€20,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €98,447 | €109,808 | +€11,360 | +11.5% |
| Deferred charges and accrued income | 490/1 | €361 | €329 | -€32 | -8.9% |
| Total equity and liabilities | 10/49 | €171,952 | €214,247 | +€42,295 | +24.6% |
| Equity | 10/15 | €164,636 | €184,986 | +€20,349 | +12.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €146,086 | €166,436 | +€20,349 | +13.9% |
| Distributable reserves | 133 | €146,086 | €166,436 | +€20,349 | +13.9% |
| Amounts payable | 17/49 | €7,315 | €29,261 | +€21,946 | +300% |
| Amounts payable within one year | 42/48 | €4,606 | €26,998 | +€22,392 | +486% |
| Trade debts | 44 | €1,007 | €2,016 | +€1,009 | +100% |
| Suppliers | 440/4 | €1,007 | €2,016 | +€1,009 | +100% |
| Taxes, remuneration and social security | 45 | €2,293 | €7,957 | +€5,664 | +247% |
| Taxes | 450/3 | €2,293 | €7,957 | +€5,664 | +247% |
| Other amounts payable | 47/48 | €1,306 | €17,024 | +€15,718 | +1,204% |
| Accrued charges and deferred income | 492/3 | €2,710 | €2,263 | -€446 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,588 | €2,768 | +€180 | +7.0% |
| Other operating charges | 640/8 | €1,189 | €788 | -€401 | -33.7% |
| Gross operating margin | 9900 | €65,427 | €58,106 | -€7,321 | -11.2% |
| Operating profit (loss) | 9901 | €61,650 | €54,550 | -€7,100 | -11.5% |
| Financial income | 75/76B | €884 | €3,082 | +€2,198 | +249% |
| Recurring financial income | 75 | €884 | €3,082 | +€2,198 | +249% |
| Financial charges | 65/66B | €1,499 | €2,687 | +€1,187 | +79.2% |
| Recurring financial charges | 65 | €1,499 | €2,687 | +€1,187 | +79.2% |
| Profit (loss) for the period before taxes | 9903 | €61,035 | €54,945 | -€6,090 | -10.0% |
| Income taxes | 67/77 | €19,868 | €17,846 | -€2,022 | -10.2% |
| Profit (loss) for the period | 9904 | €41,167 | €37,099 | -€4,067 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,167 | €37,099 | -€4,067 | -9.9% |
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 18 October 2026 via checked.be.