DELMMA: 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.
DELMMA
Largest movements
- Receivables within one year +€151,188
up €151,188 (+151%), from €100,322 to €251,510
- Cash -€16,233
down €16,233 (-69.1%), from €23,476 to €7,243
mainly Receivables within one year (-€151,188) and Net result for the year (-€7,762)
- Short-term financial debts +€142,853
new in 2025: €142,853
- Profit (loss) carried forward -€7,762
down €7,762 (-3.7%), from €211,855 to €204,093
- Gross operating margin -€9,809
down €9,809, from €4,027 to -€5,781
- Financial charges +€3,318
up €3,318 (+859%), from €386 to €3,704
- Financial income +€2,113
up €2,113 (+20,139%), from €10 to €2,123
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 | €235,070 | €370,208 | +€135,137 | +57.5% |
| Fixed assets | 21/28 | €109,104 | €109,103 | -€0 | 0.0% |
| Financial fixed assets | 28 | €109,104 | €109,103 | -€0 | 0.0% |
| Current assets | 29/58 | €125,967 | €261,104 | +€135,137 | +107% |
| Amounts receivable within one year | 40/41 | €100,322 | €251,510 | +€151,188 | +151% |
| Other amounts receivable | 41 | €100,322 | €251,510 | +€151,188 | +151% |
| Current investments | 50/53 | €669 | €669 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,476 | €7,243 | -€16,233 | -69.1% |
| Deferred charges and accrued income | 490/1 | €1,500 | €1,682 | +€182 | +12.1% |
| Total equity and liabilities | 10/49 | €235,070 | €370,208 | +€135,137 | +57.5% |
| Equity | 10/15 | €232,315 | €224,553 | -€7,762 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €211,855 | €204,093 | -€7,762 | -3.7% |
| Amounts payable | 17/49 | €2,755 | €145,654 | +€142,899 | +5,187% |
| Amounts payable within one year | 42/48 | €767 | €143,623 | +€142,856 | +18,621% |
| Financial debts | 43 | - | €142,853 | +€142,853 | |
| Credit institutions | 430/8 | - | €142,853 | +€142,853 | |
| Trade debts | 44 | €12 | €15 | +€3 | +28.1% |
| Suppliers | 440/4 | €12 | €15 | +€3 | +28.1% |
| Other amounts payable | 47/48 | €755 | €755 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,988 | €2,031 | +€43 | +2.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €4,027 | -€5,781 | -€9,809 | |
| Operating profit (loss) | 9901 | €3,640 | -€6,181 | -€9,821 | |
| Financial income | 75/76B | €10 | €2,123 | +€2,113 | +20,139% |
| Recurring financial income | 75 | €10 | €2,123 | +€2,113 | +20,139% |
| Financial charges | 65/66B | €386 | €3,704 | +€3,318 | +859% |
| Recurring financial charges | 65 | €386 | €3,704 | +€3,318 | +859% |
| Profit (loss) for the period before taxes | 9903 | €3,264 | -€7,762 | -€11,026 | |
| Profit (loss) for the period | 9904 | €3,264 | -€7,762 | -€11,026 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,264 | -€7,762 | -€11,026 |
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 14 October 2026 via checked.be.