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DELSOFT: what changed

Two fiscal 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.

What changed

DELSOFT

BE 0448.760.503
NACE 58.290, Other software publishing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,735
2024 · €27,122-€14,387
Equity
€22,529
2024 · €9,794+€12,735
Cash
€17,102
2024 · €28,701-€11,599
Balance sheet total
€248,516
2024 · €284,697-€36,181

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€14,716

    down €14,716 (-6.4%), from €229,553 to €214,836

    of which Furniture and vehicles: -€9,121

  • Cash -€11,599

    down €11,599 (-40.4%), from €28,701 to €17,102

    mainly Other debts (-€71,679) and Trade debts (-€19,581)

  • Receivables within one year -€9,865

    down €9,865 (-37.3%), from €26,443 to €16,578

    of which Trade receivables: -€7,674

Equity and liabilities
  • Other debts -€71,679

    down €71,679 (-99.8%), from €71,859 to €180

  • Debts after one year +€54,115

    up €54,115 (+42.5%), from €127,221 to €181,335

    of which Other amounts payable: +€75,000

  • Trade debts -€19,581

    down €19,581 (-67.5%), from €28,991 to €9,410

  • Profit (loss) carried forward +€12,735

    up €12,735 (+30.6%), from -€41,624 to -€28,889

  • Short-term financial debts -€9,000

    no longer reported in 2025 (was €9,000)

Income statement
  • Write-downs +€10,165

    no longer reported in 2025 (was -€10,165)

  • Depreciation +€6,576

    up €6,576 (+24.0%), from €27,352 to €33,927

  • Financial charges +€5,068

    up €5,068 (+120.2%), from €4,216 to €9,284

  • Taxes -€4,490

    down €4,490 (-50.3%), from €8,918 to €4,428

  • Gross operating margin -€4,342

    down €4,342 (-6.1%), from €71,495 to €67,154

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €27,122
Gross operating margin -€4,342
Depreciation -€6,576
Write-downs -€10,165
Other operating charges +€4,143
Other operating items +€1,481
Financial income +€1,649
Financial charges -€5,068
Taxes +€4,490
Result 2025 €12,735

Cash bridge derived

cash 2024 to 2025

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.

From operations -€31,450
Investment -€19,211
Financing +€39,062
Cash 2024 €28,701
Net result for the year +€12,735
Depreciation +€33,927
Receivables within one year +€9,865
Trade debts -€19,581
Tax, wage and social debts -€463
Other debts -€71,679
Accrued charges and deferred income +€3,746
Investment in fixed assets (net) -€19,211
Debts after one year +€54,115
Current portion of long-term debt -€6,052
Short-term financial debts -€9,000
Cash 2025 €17,102
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €284,697 €248,516 -€36,181 -12.7%
Fixed assets 21/28 €229,553 €214,836 -€14,716 -6.4%
Tangible fixed assets 22/27 €229,553 €214,836 -€14,716 -6.4%
Plant, machinery and equipment 23 €3,975 €2,675 -€1,300 -32.7%
Furniture and vehicles 24 €21,077 €11,956 -€9,121 -43.3%
Other tangible fixed assets 26 €204,501 €200,206 -€4,295 -2.1%
Current assets 29/58 €55,144 €33,680 -€21,464 -38.9%
Amounts receivable within one year 40/41 €26,443 €16,578 -€9,865 -37.3%
Trade receivables 40 €24,227 €16,553 -€7,674 -31.7%
Other amounts receivable 41 €2,216 €24 -€2,192 -98.9%
Cash at bank and in hand 54/58 €28,701 €17,102 -€11,599 -40.4%
Total equity and liabilities 10/49 €284,697 €248,516 -€36,181 -12.7%
Equity 10/15 €9,794 €22,529 +€12,735 +130.0%
Contributions 10/11 €18,590 €18,590 = 0.0%
Outside capital 11 €18,590 €18,590 = 0.0%
Other 1109/19 €18,590 €18,590 = 0.0%
Reserves 13 €32,828 €32,828 = 0.0%
Distributable reserves 133 €32,828 €32,828 = 0.0%
Profit (loss) carried forward 14 -€41,624 -€28,889 +€12,735 +30.6%
Amounts payable 17/49 €274,903 €225,988 -€48,916 -17.8%
Amounts payable after more than one year 17 €127,221 €181,335 +€54,115 +42.5%
Financial debts 170/4 €127,221 €106,335 -€20,885 -16.4%
Other amounts payable 178/9 - €75,000 +€75,000
Amounts payable within one year 42/48 €145,785 €39,010 -€106,776 -73.2%
Current portion of amounts payable after more than one year 42 €28,667 €22,615 -€6,052 -21.1%
Financial debts 43 €9,000 - -€9,000
Credit institutions 430/8 €9,000 - -€9,000
Trade debts 44 €28,991 €9,410 -€19,581 -67.5%
Suppliers 440/4 €28,991 €9,410 -€19,581 -67.5%
Taxes, remuneration and social security 45 €7,268 €6,805 -€463 -6.4%
Taxes 450/3 €7,268 €6,805 -€463 -6.4%
Other amounts payable 47/48 €71,859 €180 -€71,679 -99.8%
Accrued charges and deferred income 492/3 €1,897 €5,643 +€3,746 +197.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €27,352 €33,927 +€6,576 +24.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 -€10,165 - +€10,165
Other operating charges 640/8 €11,094 €6,950 -€4,143 -37.3%
Non-recurring operating charges 66A €2,962 €1,481 -€1,481 -50.0%
Gross operating margin 9900 €71,495 €67,154 -€4,342 -6.1%
Operating profit (loss) 9901 €40,253 €24,795 -€15,458 -38.4%
Financial income 75/76B €3 €1,652 +€1,649 +58266.1%
Recurring financial income 75 €3 €1,652 +€1,649 +58266.1%
Financial charges 65/66B €4,216 €9,284 +€5,068 +120.2%
Recurring financial charges 65 €4,216 €9,284 +€5,068 +120.2%
Profit (loss) for the period before taxes 9903 €36,040 €17,163 -€18,877 -52.4%
Income taxes 67/77 €8,918 €4,428 -€4,490 -50.3%
Profit (loss) for the period 9904 €27,122 €12,735 -€14,387 -53.0%
Profit (loss) for the period to be appropriated 9905 €27,122 €12,735 -€14,387 -53.0%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.