DELTA: 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.
DELTA
Largest movements
- Tangible fixed assets -€5,769
down €5,769 (-3.7%), from €154,606 to €148,837
- Cash +€3,872
up €3,872 (+263%), from €1,469 to €5,341
mainly Depreciation (+€6,819) and Net result for the year (+€6,423)
- Debts after one year -€10,557
down €10,557 (-11.5%), from €91,917 to €81,360
- Profit (loss) carried forward +€6,423
up €6,423 (+167%), from €3,850 to €10,273
- Other operating charges +€504
up €504 (+131%), from €386 to €890
- Gross operating margin +€453
up €453 (+3.0%), from €15,192 to €15,644
- Depreciation -€158
down €158 (-2.3%), from €6,977 to €6,819
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 | €158,244 | €155,594 | -€2,650 | -1.7% |
| Fixed assets | 21/28 | €154,606 | €148,837 | -€5,769 | -3.7% |
| Tangible fixed assets | 22/27 | €154,606 | €148,837 | -€5,769 | -3.7% |
| Land and buildings | 22 | €154,606 | €148,837 | -€5,769 | -3.7% |
| Current assets | 29/58 | €3,638 | €6,757 | +€3,119 | +85.7% |
| Amounts receivable within one year | 40/41 | €1,569 | €1,416 | -€152 | -9.7% |
| Trade receivables | 40 | €1,569 | €1,416 | -€152 | -9.7% |
| Cash at bank and in hand | 54/58 | €1,469 | €5,341 | +€3,872 | +263% |
| Deferred charges and accrued income | 490/1 | €600 | - | -€600 | |
| Total equity and liabilities | 10/49 | €158,244 | €155,594 | -€2,650 | -1.7% |
| Equity | 10/15 | €22,566 | €28,989 | +€6,423 | +28.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €124 | €124 | = | 0.0% |
| Distributable reserves | 133 | €124 | €124 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,850 | €10,273 | +€6,423 | +167% |
| Amounts payable | 17/49 | €135,678 | €126,605 | -€9,073 | -6.7% |
| Amounts payable after more than one year | 17 | €91,917 | €81,360 | -€10,557 | -11.5% |
| Financial debts | 170/4 | €91,917 | €81,360 | -€10,557 | -11.5% |
| Amounts payable within one year | 42/48 | €43,501 | €44,482 | +€980 | +2.3% |
| Financial debts | 43 | €11,390 | €11,544 | +€154 | +1.4% |
| Credit institutions | 430/8 | €11,390 | €11,544 | +€154 | +1.4% |
| Trade debts | 44 | €0 | - | -€0 | |
| Suppliers | 440/4 | €0 | - | -€0 | |
| Taxes, remuneration and social security | 45 | €817 | €843 | +€26 | +3.2% |
| Taxes | 450/3 | €817 | €843 | +€26 | +3.2% |
| Other amounts payable | 47/48 | €31,295 | €32,095 | +€800 | +2.6% |
| Accrued charges and deferred income | 492/3 | €259 | €763 | +€504 | +194% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,977 | €6,819 | -€158 | -2.3% |
| Other operating charges | 640/8 | €386 | €890 | +€504 | +131% |
| Gross operating margin | 9900 | €15,192 | €15,644 | +€453 | +3.0% |
| Operating profit (loss) | 9901 | €7,829 | €7,935 | +€107 | +1.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,664 | €1,512 | -€152 | -9.1% |
| Recurring financial charges | 65 | €1,664 | €1,512 | -€152 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €6,165 | €6,423 | +€258 | +4.2% |
| Profit (loss) for the period | 9904 | €6,165 | €6,423 | +€258 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,165 | €6,423 | +€258 | +4.2% |
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 13 October 2026 via checked.be.