Delsigno: 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.
Delsigno
Largest movements
- Receivables within one year +€31,823
up €31,823 (+463.4%), from €6,868 to €38,691
of which Trade receivables: +€29,939
- Cash +€4,137
up €4,137 (+29.5%), from €14,017 to €18,154
mainly Debts after one year (+€20,686) and Current portion of long-term debt (+€5,451)
- Debts after one year +€20,686
new in 2025: €20,686
- Current portion of long-term debt +€5,451
new in 2025: €5,451
- Tax, wage and social debts +€4,968
up €4,968 (+597.4%), from €832 to €5,799
- Reserves +€3,777
up €3,777 (+29.3%), from €12,887 to €16,663
- Trade debts +€1,824
up €1,824 (+55.8%), from €3,269 to €5,094
- Gross operating margin -€2,622
down €2,622 (-27.7%), from €9,461 to €6,840
- Other operating charges +€1,024
up €1,024 (+868.2%), from €118 to €1,142
- Taxes -€827
down €827 (-40.9%), from €2,023 to €1,196
- Financial charges +€608
up €608 (+522.5%), from €116 to €725
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 | €20,885 | €56,845 | +€35,960 | +172.2% |
| Current assets | 29/58 | €20,885 | €56,845 | +€35,960 | +172.2% |
| Amounts receivable within one year | 40/41 | €6,868 | €38,691 | +€31,823 | +463.4% |
| Trade receivables | 40 | €6,329 | €36,268 | +€29,939 | +473.1% |
| Other amounts receivable | 41 | €539 | €2,423 | +€1,884 | +349.6% |
| Cash at bank and in hand | 54/58 | €14,017 | €18,154 | +€4,137 | +29.5% |
| Total equity and liabilities | 10/49 | €20,885 | €56,845 | +€35,960 | +172.2% |
| Equity | 10/15 | €15,887 | €19,663 | +€3,777 | +23.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,887 | €16,663 | +€3,777 | +29.3% |
| Distributable reserves | 133 | €12,887 | €16,663 | +€3,777 | +29.3% |
| Amounts payable | 17/49 | €4,998 | €37,181 | +€32,183 | +644.0% |
| Amounts payable after more than one year | 17 | - | €20,686 | +€20,686 | |
| Financial debts | 170/4 | - | €20,686 | +€20,686 | |
| Amounts payable within one year | 42/48 | €4,998 | €16,495 | +€11,497 | +230.1% |
| Current portion of amounts payable after more than one year | 42 | - | €5,451 | +€5,451 | |
| Trade debts | 44 | €3,269 | €5,094 | +€1,824 | +55.8% |
| Suppliers | 440/4 | €3,269 | €5,094 | +€1,824 | +55.8% |
| Advances received on contracts in progress | 46 | - | €151 | +€151 | |
| Taxes, remuneration and social security | 45 | €832 | €5,799 | +€4,968 | +597.4% |
| Taxes | 450/3 | €832 | €5,799 | +€4,968 | +597.4% |
| Other amounts payable | 47/48 | €897 | €0 | -€897 | -100.0% |
| Other operating charges | 640/8 | €118 | €1,142 | +€1,024 | +868.2% |
| Gross operating margin | 9900 | €9,461 | €6,840 | -€2,622 | -27.7% |
| Operating profit (loss) | 9901 | €9,343 | €5,697 | -€3,646 | -39.0% |
| Financial charges | 65/66B | €116 | €725 | +€608 | +522.5% |
| Recurring financial charges | 65 | €116 | €725 | +€608 | +522.5% |
| Profit (loss) for the period before taxes | 9903 | €9,227 | €4,972 | -€4,255 | -46.1% |
| Income taxes | 67/77 | €2,023 | €1,196 | -€827 | -40.9% |
| Profit (loss) for the period | 9904 | €7,204 | €3,777 | -€3,428 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,204 | €3,777 | -€3,428 | -47.6% |
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 12 October 2026 via checked.be.