Delphi Solutions: 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.
Delphi Solutions
Largest movements
- Current investments +€54,486
up €54,486 (+14.6%), from €373,970 to €428,456
- Receivables within one year -€20,685
down €20,685 (-18.3%), from €112,970 to €92,284
of which Trade receivables: -€24,041
- Cash +€9,553
up €9,553 (+58.3%), from €16,378 to €25,932
mainly Net result for the year (+€127,637) and Other debts (+€126,259)
- Other debts +€126,259
up €126,259 (+137%), from €91,959 to €218,217
- Reserves -€93,546
down €93,546 (-22.1%), from €423,004 to €329,459
- Gross operating margin -€31,156
down €31,156 (-13.4%), from €233,305 to €202,149
- Taxes -€7,189
down €7,189 (-11.7%), from €61,253 to €54,064
- Financial income +€5,812
up €5,812 (+134%), from €4,328 to €10,140
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 | €623,802 | €661,242 | +€37,441 | +6.0% |
| Fixed assets | 21/28 | €49,792 | €43,760 | -€6,032 | -12.1% |
| Tangible fixed assets | 22/27 | €49,792 | €43,760 | -€6,032 | -12.1% |
| Land and buildings | 22 | €11,818 | €6,829 | -€4,988 | -42.2% |
| Plant, machinery and equipment | 23 | €1,325 | €746 | -€579 | -43.7% |
| Furniture and vehicles | 24 | €26,463 | €8,014 | -€18,450 | -69.7% |
| Other tangible fixed assets | 26 | €10,186 | €28,171 | +€17,984 | +177% |
| Current assets | 29/58 | €574,009 | €617,483 | +€43,473 | +7.6% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €112,970 | €92,284 | -€20,685 | -18.3% |
| Trade receivables | 40 | €112,970 | €88,929 | -€24,041 | -21.3% |
| Other amounts receivable | 41 | - | €3,355 | +€3,355 | |
| Current investments | 50/53 | €373,970 | €428,456 | +€54,486 | +14.6% |
| Cash at bank and in hand | 54/58 | €16,378 | €25,932 | +€9,553 | +58.3% |
| Deferred charges and accrued income | 490/1 | €691 | €810 | +€119 | +17.2% |
| Total equity and liabilities | 10/49 | €623,802 | €661,242 | +€37,441 | +6.0% |
| Equity | 10/15 | €429,204 | €335,659 | -€93,546 | -21.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €423,004 | €329,459 | -€93,546 | -22.1% |
| Distributable reserves | 133 | €423,004 | €329,459 | -€93,546 | -22.1% |
| Amounts payable | 17/49 | €194,597 | €325,584 | +€130,986 | +67.3% |
| Amounts payable within one year | 42/48 | €192,797 | €323,784 | +€130,986 | +67.9% |
| Current portion of amounts payable after more than one year | 42 | €17,489 | €23,333 | +€5,844 | +33.4% |
| Trade debts | 44 | €69,241 | €66,944 | -€2,297 | -3.3% |
| Suppliers | 440/4 | €69,241 | €66,944 | -€2,297 | -3.3% |
| Taxes, remuneration and social security | 45 | €14,108 | €15,288 | +€1,180 | +8.4% |
| Taxes | 450/3 | €14,108 | €15,288 | +€1,180 | +8.4% |
| Other amounts payable | 47/48 | €91,959 | €218,217 | +€126,259 | +137% |
| Accrued charges and deferred income | 492/3 | €1,800 | €1,800 | = | 0.0% |
| Non-recurring operating income | 76A | €8,022 | - | -€8,022 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,576 | €28,047 | -€1,529 | -5.2% |
| Other operating charges | 640/8 | €1,340 | €1,502 | +€162 | +12.1% |
| Gross operating margin | 9900 | €233,305 | €202,149 | -€31,156 | -13.4% |
| Operating profit (loss) | 9901 | €202,389 | €172,601 | -€29,788 | -14.7% |
| Financial income | 75/76B | €4,328 | €10,140 | +€5,812 | +134% |
| Recurring financial income | 75 | €4,328 | €10,140 | +€5,812 | +134% |
| Financial charges | 65/66B | €1,071 | €1,040 | -€31 | -2.9% |
| Recurring financial charges | 65 | €1,071 | €1,040 | -€31 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €205,647 | €181,701 | -€23,946 | -11.6% |
| Income taxes | 67/77 | €61,253 | €54,064 | -€7,189 | -11.7% |
| Profit (loss) for the period | 9904 | €144,394 | €127,637 | -€16,757 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €144,394 | €127,637 | -€16,757 | -11.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.