DELMARTI: 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.
DELMARTI
Largest movements
- Cash +€11,655
up €11,655 (+355.2%), from €3,281 to €14,936
mainly Trade debts (+€30,675) and Other debts (+€14,173)
- Receivables within one year +€8,554
up €8,554 (+11.0%), from €77,855 to €86,409
of which Other amounts receivable: +€20,599
- Deferred charges and accrued income -€5,910
no longer reported in 2025 (was €5,910)
- Tax, wage and social debts -€35,363
down €35,363 (-35.9%), from €98,504 to €63,141
- Trade debts +€30,675
up €30,675 (+60.9%), from €50,382 to €81,057
- Other debts +€14,173
up €14,173 (+20.9%), from €67,738 to €81,911
- Profit (loss) carried forward +€6,311
up €6,311 (+4.2%), from €149,789 to €156,100
- Gross operating margin -€6,681
down €6,681 (-24.4%), from €27,383 to €20,702
- Financial charges -€6,160
down €6,160 (-68.6%), from €8,984 to €2,824
- Depreciation -€5,522
down €5,522 (-53.9%), from €10,250 to €4,728
- Taxes -€1,024
down €1,024 (-21.8%), from €4,701 to €3,678
- Other operating charges +€668
up €668 (+26.6%), from €2,511 to €3,179
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 | €406,790 | €422,585 | +€15,795 | +3.9% |
| Fixed assets | 21/28 | €319,745 | €321,241 | +€1,496 | +0.5% |
| Tangible fixed assets | 22/27 | €9,745 | €11,241 | +€1,496 | +15.4% |
| Furniture and vehicles | 24 | €9,745 | €11,241 | +€1,496 | +15.4% |
| Financial fixed assets | 28 | €310,000 | €310,000 | = | 0.0% |
| Current assets | 29/58 | €87,046 | €101,344 | +€14,299 | +16.4% |
| Amounts receivable within one year | 40/41 | €77,855 | €86,409 | +€8,554 | +11.0% |
| Trade receivables | 40 | €64,803 | €52,757 | -€12,045 | -18.6% |
| Other amounts receivable | 41 | €13,052 | €33,651 | +€20,599 | +157.8% |
| Cash at bank and in hand | 54/58 | €3,281 | €14,936 | +€11,655 | +355.2% |
| Deferred charges and accrued income | 490/1 | €5,910 | - | -€5,910 | |
| Total equity and liabilities | 10/49 | €406,790 | €422,585 | +€15,795 | +3.9% |
| Equity | 10/15 | €182,789 | €189,100 | +€6,311 | +3.5% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,789 | €156,100 | +€6,311 | +4.2% |
| Amounts payable | 17/49 | €224,001 | €233,485 | +€9,484 | +4.2% |
| Amounts payable within one year | 42/48 | €224,001 | €233,485 | +€9,484 | +4.2% |
| Financial debts | 43 | €7,377 | €7,377 | = | 0.0% |
| Credit institutions | 430/8 | €7,377 | €7,377 | = | 0.0% |
| Trade debts | 44 | €50,382 | €81,057 | +€30,675 | +60.9% |
| Suppliers | 440/4 | €50,382 | €81,057 | +€30,675 | +60.9% |
| Taxes, remuneration and social security | 45 | €98,504 | €63,141 | -€35,363 | -35.9% |
| Taxes | 450/3 | €98,504 | €63,141 | -€35,363 | -35.9% |
| Other amounts payable | 47/48 | €67,738 | €81,911 | +€14,173 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,250 | €4,728 | -€5,522 | -53.9% |
| Other operating charges | 640/8 | €2,511 | €3,179 | +€668 | +26.6% |
| Gross operating margin | 9900 | €27,383 | €20,702 | -€6,681 | -24.4% |
| Operating profit (loss) | 9901 | €14,621 | €12,795 | -€1,827 | -12.5% |
| Financial income | 75/76B | €4 | €18 | +€14 | +338.9% |
| Recurring financial income | 75 | €4 | €18 | +€14 | +338.9% |
| Financial charges | 65/66B | €8,984 | €2,824 | -€6,160 | -68.6% |
| Recurring financial charges | 65 | €8,984 | €2,824 | -€6,160 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | €5,642 | €9,988 | +€4,347 | +77.0% |
| Income taxes | 67/77 | €4,701 | €3,678 | -€1,024 | -21.8% |
| Profit (loss) for the period | 9904 | €940 | €6,311 | +€5,370 | +571.1% |
| Profit (loss) for the period to be appropriated | 9905 | €940 | €6,311 | +€5,370 | +571.1% |
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 10 October 2026 via checked.be.