DELFYNET BELGIUM: 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.
DELFYNET BELGIUM
Largest movements
- Receivables within one year -€11,853
down €11,853 (-31.8%), from €37,302 to €25,449
of which Trade receivables: -€20,340
- Cash -€5,419
down €5,419 (-50.6%), from €10,714 to €5,295
mainly Trade debts (-€21,285) and Other debts (-€2,907)
- Trade debts -€21,285
down €21,285 (-38.7%), from €55,024 to €33,740
- Profit (loss) carried forward +€7,952
up €7,952 (+12.2%), from -€64,935 to -€56,982
- Other debts -€2,907
down €2,907 (-8.2%), from €35,461 to €32,554
- Tax, wage and social debts -€1,033
down €1,033 (-25.7%), from €4,025 to €2,992
- Gross operating margin -€3,467
down €3,467 (-22.9%), from €15,130 to €11,664
- Taxes -€1,033
down €1,033 (-25.7%), from €4,025 to €2,992
- Other operating charges +€318
up €318 (+321%), from €99 to €417
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 | €48,175 | €30,903 | -€17,272 | -35.9% |
| Fixed assets | 21/28 | €110 | €110 | = | 0.0% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €48,065 | €30,793 | -€17,272 | -35.9% |
| Amounts receivable within one year | 40/41 | €37,302 | €25,449 | -€11,853 | -31.8% |
| Trade receivables | 40 | €25,744 | €5,404 | -€20,340 | -79.0% |
| Other amounts receivable | 41 | €11,558 | €20,045 | +€8,487 | +73.4% |
| Cash at bank and in hand | 54/58 | €10,714 | €5,295 | -€5,419 | -50.6% |
| Deferred charges and accrued income | 490/1 | €50 | €50 | = | 0.0% |
| Total equity and liabilities | 10/49 | €48,175 | €30,903 | -€17,272 | -35.9% |
| Equity | 10/15 | -€46,335 | -€38,382 | +€7,952 | +17.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,935 | -€56,982 | +€7,952 | +12.2% |
| Amounts payable | 17/49 | €94,510 | €69,286 | -€25,224 | -26.7% |
| Amounts payable within one year | 42/48 | €94,510 | €69,286 | -€25,224 | -26.7% |
| Trade debts | 44 | €55,024 | €33,740 | -€21,285 | -38.7% |
| Suppliers | 440/4 | €55,024 | €33,740 | -€21,285 | -38.7% |
| Taxes, remuneration and social security | 45 | €4,025 | €2,992 | -€1,033 | -25.7% |
| Taxes | 450/3 | €4,025 | €2,992 | -€1,033 | -25.7% |
| Other amounts payable | 47/48 | €35,461 | €32,554 | -€2,907 | -8.2% |
| Other operating charges | 640/8 | €99 | €417 | +€318 | +321% |
| Gross operating margin | 9900 | €15,130 | €11,664 | -€3,467 | -22.9% |
| Operating profit (loss) | 9901 | €15,031 | €11,247 | -€3,784 | -25.2% |
| Financial charges | 65/66B | €323 | €302 | -€21 | -6.4% |
| Recurring financial charges | 65 | €323 | €302 | -€21 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €14,709 | €10,945 | -€3,764 | -25.6% |
| Income taxes | 67/77 | €4,025 | €2,992 | -€1,033 | -25.7% |
| Profit (loss) for the period | 9904 | €10,684 | €7,952 | -€2,731 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,684 | €7,952 | -€2,731 | -25.6% |
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 25 October 2026 via checked.be.