DELFTENCO: 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.
DELFTENCO
Largest movements
- Receivables within one year +€864,439
up €864,439 (+78.7%), from €1.1m to €2.0m
of which Other amounts receivable: +€864,439
- Cash -€134,694
down €134,694 (-58.7%), from €229,303 to €94,609
mainly Receivables within one year (-€864,439) and Tax, wage and social debts (-€31,985)
- Trade debts +€479,634
up €479,634 (+138.2%), from €347,060 to €826,694
- Profit (loss) carried forward +€272,485
up €272,485 (+29.8%), from €915,747 to €1.2m
- Tax, wage and social debts -€31,985
down €31,985 (-62.8%), from €50,969 to €18,984
- Depreciation -€5,600
down €5,600 (-28.5%), from €19,628 to €14,029
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 | €1,374,226 | €2,094,360 | +€720,134 | +52.4% |
| Fixed assets | 21/28 | €46,932 | €37,321 | -€9,611 | -20.5% |
| Tangible fixed assets | 22/27 | €46,932 | €37,201 | -€9,731 | -20.7% |
| Furniture and vehicles | 24 | €35,889 | €27,313 | -€8,576 | -23.9% |
| Other tangible fixed assets | 26 | €11,043 | €9,888 | -€1,155 | -10.5% |
| Financial fixed assets | 28 | - | €120 | +€120 | |
| Current assets | 29/58 | €1,327,294 | €2,057,039 | +€729,745 | +55.0% |
| Amounts receivable within one year | 40/41 | €1,097,991 | €1,962,430 | +€864,439 | +78.7% |
| Trade receivables | 40 | €5,299 | €5,299 | -€0 | 0.0% |
| Other amounts receivable | 41 | €1,092,692 | €1,957,131 | +€864,439 | +79.1% |
| Cash at bank and in hand | 54/58 | €229,303 | €94,609 | -€134,694 | -58.7% |
| Total equity and liabilities | 10/49 | €1,374,226 | €2,094,360 | +€720,134 | +52.4% |
| Equity | 10/15 | €937,747 | €1,210,232 | +€272,485 | +29.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €915,747 | €1,188,232 | +€272,485 | +29.8% |
| Amounts payable | 17/49 | €436,478 | €884,128 | +€447,649 | +102.6% |
| Amounts payable within one year | 42/48 | €398,029 | €845,678 | +€447,649 | +112.5% |
| Trade debts | 44 | €347,060 | €826,694 | +€479,634 | +138.2% |
| Suppliers | 440/4 | €347,060 | €826,694 | +€479,634 | +138.2% |
| Taxes, remuneration and social security | 45 | €50,969 | €18,984 | -€31,985 | -62.8% |
| Taxes | 450/3 | €50,969 | €18,984 | -€31,985 | -62.8% |
| Accrued charges and deferred income | 492/3 | €38,450 | €38,450 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,628 | €14,029 | -€5,600 | -28.5% |
| Other operating charges | 640/8 | €171 | €1,188 | +€1,017 | +594.0% |
| Gross operating margin | 9900 | €381,428 | €382,524 | +€1,096 | +0.3% |
| Operating profit (loss) | 9901 | €361,628 | €367,307 | +€5,679 | +1.6% |
| Financial charges | 65/66B | €1,054 | €438 | -€616 | -58.5% |
| Recurring financial charges | 65 | €1,054 | €438 | -€616 | -58.5% |
| Profit (loss) for the period before taxes | 9903 | €360,574 | €366,869 | +€6,295 | +1.7% |
| Income taxes | 67/77 | €92,724 | €94,384 | +€1,660 | +1.8% |
| Profit (loss) for the period | 9904 | €267,849 | €272,485 | +€4,635 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €267,849 | €272,485 | +€4,635 | +1.7% |
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 12 October 2026 via checked.be.