DELSPAN: 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.
DELSPAN
Largest movements
- Current investments +€400,000
up €400,000 (+100.0%), from €400,000 to €800,000
- Cash +€34,869
up €34,869 (+81.0%), from €43,074 to €77,943
mainly Net result for the year (+€316,949) and Tax, wage and social debts (+€109,366)
- Profit (loss) carried forward +€316,949
up €316,949 (+32.0%), from -€989,921 to -€672,972
- Tax, wage and social debts +€109,366
new in 2025: €109,366
- Financial income +€417,508
up €417,508 (+2245.3%), from €18,595 to €436,103
- Taxes +€111,649
up €111,649 (+3559.2%), from €3,137 to €114,786
- Gross operating margin +€283
up €283 (+6.8%), from -€4,146 to -€3,863
- Financial charges +€89
up €89 (+21.4%), from €416 to €505
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 | €2,041,406 | €2,466,394 | +€424,988 | +20.8% |
| Fixed assets | 21/28 | €1,588,451 | €1,588,451 | = | 0.0% |
| Financial fixed assets | 28 | €1,588,451 | €1,588,451 | = | 0.0% |
| Current assets | 29/58 | €452,955 | €877,943 | +€424,988 | +93.8% |
| Amounts receivable within one year | 40/41 | €6,988 | - | -€6,988 | |
| Other amounts receivable | 41 | €6,988 | - | -€6,988 | |
| Current investments | 50/53 | €400,000 | €800,000 | +€400,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €43,074 | €77,943 | +€34,869 | +81.0% |
| Deferred charges and accrued income | 490/1 | €2,894 | - | -€2,894 | |
| Total equity and liabilities | 10/49 | €2,041,406 | €2,466,394 | +€424,988 | +20.8% |
| Equity | 10/15 | €2,040,079 | €2,357,028 | +€316,949 | +15.5% |
| Contributions | 10/11 | €3,030,000 | €3,030,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€989,921 | -€672,972 | +€316,949 | +32.0% |
| Amounts payable | 17/49 | €1,327 | €109,366 | +€108,039 | +8138.9% |
| Amounts payable within one year | 42/48 | €459 | €109,366 | +€108,907 | +23708.4% |
| Trade debts | 44 | €459 | - | -€459 | |
| Suppliers | 440/4 | €459 | - | -€459 | |
| Taxes, remuneration and social security | 45 | - | €109,366 | +€109,366 | |
| Taxes | 450/3 | - | €109,366 | +€109,366 | |
| Accrued charges and deferred income | 492/3 | €868 | - | -€868 | |
| Gross operating margin | 9900 | -€4,146 | -€3,863 | +€283 | +6.8% |
| Operating profit (loss) | 9901 | -€4,146 | -€3,863 | +€283 | +6.8% |
| Financial income | 75/76B | €18,595 | €436,103 | +€417,508 | +2245.3% |
| Recurring financial income | 75 | €18,595 | €436,103 | +€417,508 | +2245.3% |
| Financial charges | 65/66B | €416 | €505 | +€89 | +21.4% |
| Recurring financial charges | 65 | €416 | €505 | +€89 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €14,033 | €431,735 | +€417,702 | +2976.6% |
| Income taxes | 67/77 | €3,137 | €114,786 | +€111,649 | +3559.2% |
| Profit (loss) for the period | 9904 | €10,896 | €316,949 | +€306,053 | +2808.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,896 | €316,949 | +€306,053 | +2808.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.