Delmatec: 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.
Delmatec
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Cash -€20,287
down €20,287 (-22.6%), from €89,890 to €69,603
mainly Current investments (-€60,000) and Deferred charges and accrued income (-€571)
- Tangible fixed assets -€10,467
down €10,467 (-25.4%), from €41,234 to €30,766
of which Furniture and vehicles: -€7,812
- Receivables within one year -€3,486
down €3,486 (-64.4%), from €5,408 to €1,923
of which Other amounts receivable: -€2,608
- Reserves +€22,880
up €22,880 (+17.4%), from €131,599 to €154,478
- Tax, wage and social debts +€3,551
up €3,551 (+431%), from €823 to €4,374
- Gross operating margin +€23,177
up €23,177 (+94.6%), from €24,490 to €47,667
- Taxes +€8,591
up €8,591 (+186%), from €4,620 to €13,212
- Depreciation +€3,826
up €3,826 (+57.6%), from €6,642 to €10,467
- Other operating charges -€875
down €875 (-46.2%), from €1,893 to €1,018
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 | €145,904 | €172,262 | +€26,359 | +18.1% |
| Fixed assets | 21/28 | €41,234 | €30,766 | -€10,467 | -25.4% |
| Tangible fixed assets | 22/27 | €41,234 | €30,766 | -€10,467 | -25.4% |
| Plant, machinery and equipment | 23 | €4,368 | €2,359 | -€2,009 | -46.0% |
| Furniture and vehicles | 24 | €35,487 | €27,675 | -€7,812 | -22.0% |
| Other tangible fixed assets | 26 | €1,379 | €732 | -€646 | -46.9% |
| Current assets | 29/58 | €104,670 | €141,496 | +€36,826 | +35.2% |
| Stocks and contracts in progress | 3 | €7,907 | €7,935 | +€27 | +0.3% |
| Stocks | 30/36 | €7,907 | €7,935 | +€27 | +0.3% |
| Amounts receivable within one year | 40/41 | €5,408 | €1,923 | -€3,486 | -64.4% |
| Trade receivables | 40 | €2,789 | €1,912 | -€878 | -31.5% |
| Other amounts receivable | 41 | €2,619 | €11 | -€2,608 | -99.6% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €89,890 | €69,603 | -€20,287 | -22.6% |
| Deferred charges and accrued income | 490/1 | €1,464 | €2,035 | +€571 | +39.0% |
| Total equity and liabilities | 10/49 | €145,904 | €172,262 | +€26,359 | +18.1% |
| Equity | 10/15 | €131,600 | €154,479 | +€22,880 | +17.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €131,599 | €154,478 | +€22,880 | +17.4% |
| Distributable reserves | 133 | €131,599 | €154,478 | +€22,880 | +17.4% |
| Amounts payable | 17/49 | €14,304 | €17,783 | +€3,479 | +24.3% |
| Amounts payable within one year | 42/48 | €13,561 | €17,025 | +€3,464 | +25.5% |
| Financial debts | 43 | - | €12 | +€12 | |
| Credit institutions | 430/8 | - | €12 | +€12 | |
| Trade debts | 44 | €4,206 | €3,734 | -€472 | -11.2% |
| Suppliers | 440/4 | €4,206 | €3,734 | -€472 | -11.2% |
| Taxes, remuneration and social security | 45 | €823 | €4,374 | +€3,551 | +431% |
| Taxes | 450/3 | €823 | €4,374 | +€3,551 | +431% |
| Other amounts payable | 47/48 | €8,532 | €8,906 | +€374 | +4.4% |
| Accrued charges and deferred income | 492/3 | €743 | €758 | +€15 | +2.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,642 | €10,467 | +€3,826 | +57.6% |
| Other operating charges | 640/8 | €1,893 | €1,018 | -€875 | -46.2% |
| Non-recurring operating charges | 66A | €5,193 | €0 | -€5,193 | -100% |
| Gross operating margin | 9900 | €24,490 | €47,667 | +€23,177 | +94.6% |
| Operating profit (loss) | 9901 | €10,762 | €36,182 | +€25,420 | +236% |
| Financial income | 75/76B | €550 | €637 | +€87 | +15.8% |
| Recurring financial income | 75 | €550 | €637 | +€87 | +15.8% |
| Financial charges | 65/66B | €957 | €728 | -€229 | -23.9% |
| Recurring financial charges | 65 | €957 | €728 | -€229 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €10,356 | €36,091 | +€25,735 | +249% |
| Income taxes | 67/77 | €4,620 | €13,212 | +€8,591 | +186% |
| Profit (loss) for the period | 9904 | €5,736 | €22,880 | +€17,144 | +299% |
| Profit (loss) for the period to be appropriated | 9905 | €5,736 | €22,880 | +€17,144 | +299% |
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 16 October 2026 via checked.be.