DELFIN: 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.
DELFIN
Largest movements
- Tangible fixed assets +€71,087
up €71,087 (+210.8%), from €33,730 to €104,817
of which Land and buildings: +€63,694
- Cash -€66,753
down €66,753 (-43.6%), from €153,024 to €86,271
mainly Investment in fixed assets (net) (-€72,586) and Net result for the year (-€2,571)
- Tax, wage and social debts +€3,788
new in 2024: €3,788
- Trade debts +€3,694
up €3,694 (+391.3%), from €944 to €4,638
- Profit (loss) carried forward -€2,571
down €2,571 (-3.2%), from €79,756 to €77,185
- Gross operating margin +€1,077
up €1,077, from -€126 to €951
- Financial income +€1,001
up €1,001 (+8344.6%), from €12 to €1,013
- Depreciation +€776
up €776 (+107.1%), from €724 to €1,500
- Other operating charges -€137
down €137 (-4.4%), from €3,088 to €2,951
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,135 | €195,495 | +€5,360 | +2.8% |
| Fixed assets | 21/28 | €33,730 | €104,817 | +€71,087 | +210.8% |
| Tangible fixed assets | 22/27 | €33,730 | €104,817 | +€71,087 | +210.8% |
| Land and buildings | 22 | €33,730 | €97,424 | +€63,694 | +188.8% |
| Plant, machinery and equipment | 23 | - | €7,393 | +€7,393 | |
| Current assets | 29/58 | €156,405 | €90,678 | -€65,727 | -42.0% |
| Amounts receivable within one year | 40/41 | €3,031 | €4,010 | +€979 | +32.3% |
| Trade receivables | 40 | €500 | €3,710 | +€3,210 | +642.0% |
| Other amounts receivable | 41 | €2,531 | €300 | -€2,231 | -88.1% |
| Cash at bank and in hand | 54/58 | €153,024 | €86,271 | -€66,753 | -43.6% |
| Deferred charges and accrued income | 490/1 | €350 | €397 | +€47 | +13.4% |
| Total equity and liabilities | 10/49 | €190,135 | €195,495 | +€5,360 | +2.8% |
| Equity | 10/15 | €188,615 | €186,043 | -€2,572 | -1.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €43,859 | €43,858 | -€1 | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €37,359 | €37,358 | -€1 | 0.0% |
| Profit (loss) carried forward | 14 | €79,756 | €77,185 | -€2,571 | -3.2% |
| Amounts payable | 17/49 | €1,520 | €9,452 | +€7,932 | +521.8% |
| Amounts payable within one year | 42/48 | €1,520 | €9,452 | +€7,932 | +521.8% |
| Trade debts | 44 | €944 | €4,638 | +€3,694 | +391.3% |
| Suppliers | 440/4 | €944 | €4,638 | +€3,694 | +391.3% |
| Taxes, remuneration and social security | 45 | - | €3,788 | +€3,788 | |
| Taxes | 450/3 | - | €3,788 | +€3,788 | |
| Other amounts payable | 47/48 | €576 | €1,026 | +€450 | +78.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €724 | €1,500 | +€776 | +107.1% |
| Other operating charges | 640/8 | €3,088 | €2,951 | -€137 | -4.4% |
| Gross operating margin | 9900 | -€126 | €951 | +€1,077 | |
| Operating profit (loss) | 9901 | -€3,938 | -€3,500 | +€438 | +11.1% |
| Financial income | 75/76B | €12 | €1,013 | +€1,001 | +8344.6% |
| Recurring financial income | 75 | €12 | €1,013 | +€1,001 | +8344.6% |
| Financial charges | 65/66B | €84 | €85 | +€1 | +1.0% |
| Recurring financial charges | 65 | €84 | €85 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,010 | -€2,571 | +€1,439 | +35.9% |
| Profit (loss) for the period | 9904 | -€4,010 | -€2,571 | +€1,439 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,010 | -€2,571 | +€1,439 | +35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.