DELPHINE B: 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.
DELPHINE B
Largest movements
- Stocks and contracts +€21,760
up €21,760 (+52.8%), from €41,179 to €62,939
- Tangible fixed assets -€16,060
down €16,060 (-33.7%), from €47,652 to €31,592
of which Other tangible fixed assets: -€15,777
- Cash +€5,471
up €5,471 (+8.6%), from €63,508 to €68,980
mainly Depreciation (+€17,323) and Net result for the year (+€15,903)
- Reserves +€15,903
up €15,903 (+11.5%), from €138,635 to €154,538
of which Distributable reserves: +€15,903
- Tax, wage and social debts -€7,128
down €7,128 (-64.7%), from €11,013 to €3,886
of which Taxes: -€6,763
- Gross operating margin +€21,383
up €21,383 (+26.4%), from €81,110 to €102,493
- Staff costs +€5,162
up €5,162 (+10.7%), from €48,435 to €53,597
- Taxes +€4,316
up €4,316 (+126%), from €3,415 to €7,731
- Other operating charges +€1,852
up €1,852 (+31.8%), from €5,822 to €7,674
- Financial charges +€1,235
up €1,235 (+840%), from €147 to €1,382
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 | €164,858 | €173,858 | +€9,000 | +5.5% |
| Fixed assets | 21/28 | €57,683 | €40,360 | -€17,323 | -30.0% |
| Intangible fixed assets | 21 | €3,846 | €2,582 | -€1,264 | -32.9% |
| Tangible fixed assets | 22/27 | €47,652 | €31,592 | -€16,060 | -33.7% |
| Furniture and vehicles | 24 | €321 | €39 | -€283 | -87.9% |
| Other tangible fixed assets | 26 | €47,331 | €31,554 | -€15,777 | -33.3% |
| Financial fixed assets | 28 | €6,185 | €6,185 | = | 0.0% |
| Current assets | 29/58 | €107,175 | €133,498 | +€26,323 | +24.6% |
| Stocks and contracts in progress | 3 | €41,179 | €62,939 | +€21,760 | +52.8% |
| Stocks | 30/36 | €41,179 | €62,939 | +€21,760 | +52.8% |
| Amounts receivable within one year | 40/41 | €2,153 | €592 | -€1,561 | -72.5% |
| Other amounts receivable | 41 | €2,153 | €592 | -€1,561 | -72.5% |
| Cash at bank and in hand | 54/58 | €63,508 | €68,980 | +€5,471 | +8.6% |
| Deferred charges and accrued income | 490/1 | €334 | €987 | +€653 | +195% |
| Total equity and liabilities | 10/49 | €164,858 | €173,858 | +€9,000 | +5.5% |
| Equity | 10/15 | €151,035 | €166,938 | +€15,903 | +10.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €138,635 | €154,538 | +€15,903 | +11.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €136,775 | €152,678 | +€15,903 | +11.6% |
| Amounts payable | 17/49 | €13,823 | €6,921 | -€6,902 | -49.9% |
| Amounts payable within one year | 42/48 | €13,823 | €6,921 | -€6,902 | -49.9% |
| Trade debts | 44 | €1,397 | €1,602 | +€205 | +14.7% |
| Suppliers | 440/4 | €1,397 | €1,602 | +€205 | +14.7% |
| Taxes, remuneration and social security | 45 | €11,013 | €3,886 | -€7,128 | -64.7% |
| Taxes | 450/3 | €7,762 | €999 | -€6,763 | -87.1% |
| Remuneration and social security | 454/9 | €3,251 | €2,887 | -€364 | -11.2% |
| Other amounts payable | 47/48 | €1,413 | €1,433 | +€20 | +1.4% |
| Remuneration, social security and pensions | 62 | €48,435 | €53,597 | +€5,162 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,323 | €17,323 | = | 0.0% |
| Other operating charges | 640/8 | €5,822 | €7,674 | +€1,852 | +31.8% |
| Gross operating margin | 9900 | €81,110 | €102,493 | +€21,383 | +26.4% |
| Operating profit (loss) | 9901 | €9,529 | €23,898 | +€14,369 | +151% |
| Financial income | 75/76B | €2,228 | €1,117 | -€1,111 | -49.9% |
| Recurring financial income | 75 | €2,228 | €1,117 | -€1,111 | -49.9% |
| Financial charges | 65/66B | €147 | €1,382 | +€1,235 | +840% |
| Recurring financial charges | 65 | €147 | €1,382 | +€1,235 | +840% |
| Profit (loss) for the period before taxes | 9903 | €11,611 | €23,633 | +€12,023 | +104% |
| Income taxes | 67/77 | €3,415 | €7,731 | +€4,316 | +126% |
| Profit (loss) for the period | 9904 | €8,196 | €15,903 | +€7,707 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,196 | €15,903 | +€7,707 | +94.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.