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DELSTE: 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

DELSTE

BE 0845.658.668
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,075
2024 · €2,597-€522
Equity
€3,968
2024 · €1,893+€2,075
Cash
€826
2024 · €101+€725
Balance sheet total
€97,024
2024 · €101,028-€4,004

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€4,729

    down €4,729 (-4.7%), from €100,927 to €96,198

Equity and liabilities
  • Debts after one year -€4,800

    down €4,800 (-5.3%), from €91,360 to €86,560

  • Profit (loss) carried forward +€2,075

    up €2,075 (+11.5%), from -€18,107 to -€16,032

  • Current portion of long-term debt -€1,200

    down €1,200 (-16.7%), from €7,200 to €6,000

Income statement
  • Gross operating margin -€484

    down €484 (-5.7%), from €8,537 to €8,053

  • Turnover -€158

    down €158 (-1.5%), from €10,687 to €10,529

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 €2,597
Gross operating margin -€484
Depreciation -€0
Other operating charges -€38
Result 2025 €2,075

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 +€6,725
Investment -€0
Financing -€6,000
Cash 2024 €101
Net result for the year +€2,075
Depreciation +€4,729
Accrued charges and deferred income -€79
Investment in fixed assets (net) -€0
Debts after one year -€4,800
Current portion of long-term debt -€1,200
Contributions, distributions and other -€0
Cash 2025 €826
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €101,028 €97,024 -€4,004 -4.0%
Fixed assets 21/28 €100,927 €96,198 -€4,729 -4.7%
Tangible fixed assets 22/27 €100,927 €96,198 -€4,729 -4.7%
Land and buildings 22 €100,927 €96,198 -€4,729 -4.7%
Current assets 29/58 €101 €826 +€725 +717.6%
Cash at bank and in hand 54/58 €101 €826 +€725 +717.6%
Total equity and liabilities 10/49 €101,028 €97,024 -€4,004 -4.0%
Equity 10/15 €1,893 €3,968 +€2,075 +109.6%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€18,107 -€16,032 +€2,075 +11.5%
Amounts payable 17/49 €99,135 €93,056 -€6,079 -6.1%
Amounts payable after more than one year 17 €91,360 €86,560 -€4,800 -5.3%
Financial debts 170/4 €91,360 €86,560 -€4,800 -5.3%
Amounts payable within one year 42/48 €7,200 €6,000 -€1,200 -16.7%
Current portion of amounts payable after more than one year 42 €7,200 €6,000 -€1,200 -16.7%
Accrued charges and deferred income 492/3 €575 €496 -€79 -13.7%
Turnover 70 €10,687 €10,529 -€158 -1.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,729 €4,729 +€0 0.0%
Other operating charges 640/8 €1,188 €1,225 +€38 +3.2%
Gross operating margin 9900 €8,537 €8,053 -€484 -5.7%
Operating profit (loss) 9901 €2,621 €2,099 -€522 -19.9%
Financial charges 65/66B €24 €24 = 0.0%
Recurring financial charges 65 €24 €24 = 0.0%
Profit (loss) for the period before taxes 9903 €2,597 €2,075 -€522 -20.1%
Profit (loss) for the period 9904 €2,597 €2,075 -€522 -20.1%
Profit (loss) for the period to be appropriated 9905 €2,597 €2,075 -€522 -20.1%

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 28 September 2026 via checked.be.