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
- Cash +€11,646
up €11,646 (+34.0%), from €34,211 to €45,857
mainly Receivables within one year (+€11,205) and Depreciation (+€8,293)
- Receivables within one year -€11,205
down €11,205 (-56.9%), from €19,683 to €8,478
of which Trade receivables: -€9,009
- Tangible fixed assets -€7,363
down €7,363 (-30.6%), from €24,100 to €16,737
of which Furniture and vehicles: -€7,363
- Stocks and contracts -€1,374
down €1,374 (-75.1%), from €1,829 to €455
- Deferred charges and accrued income -€892
down €892 (-60.7%), from €1,470 to €578
- Debts after one year -€6,527
down €6,527 (-47.0%), from €13,873 to €7,346
- Trade debts +€4,681
up €4,681 (+276%), from €1,697 to €6,379
- Other debts -€2,888
no longer reported in 2025 (was €2,888)
- Profit (loss) carried forward -€2,428
down €2,428 (-33.2%), from €7,308 to €4,880
- Tax, wage and social debts -€2,260
down €2,260 (-51.9%), from €4,352 to €2,092
of which Taxes: -€2,613
- Other operating charges +€2,592
up €2,592 (+159%), from €1,630 to €4,222
- Staff costs +€2,408
up €2,408 (+10.8%), from €22,231 to €24,639
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 | €81,452 | €72,264 | -€9,188 | -11.3% |
| Fixed assets | 21/28 | €24,260 | €16,897 | -€7,363 | -30.4% |
| Tangible fixed assets | 22/27 | €24,100 | €16,737 | -€7,363 | -30.6% |
| Plant, machinery and equipment | 23 | €326 | €326 | = | 0.0% |
| Furniture and vehicles | 24 | €23,774 | €16,411 | -€7,363 | -31.0% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €57,192 | €55,367 | -€1,825 | -3.2% |
| Stocks and contracts in progress | 3 | €1,829 | €455 | -€1,374 | -75.1% |
| Stocks | 30/36 | €1,829 | €455 | -€1,374 | -75.1% |
| Amounts receivable within one year | 40/41 | €19,683 | €8,478 | -€11,205 | -56.9% |
| Trade receivables | 40 | €12,185 | €3,177 | -€9,009 | -73.9% |
| Other amounts receivable | 41 | €7,497 | €5,301 | -€2,196 | -29.3% |
| Cash at bank and in hand | 54/58 | €34,211 | €45,857 | +€11,646 | +34.0% |
| Deferred charges and accrued income | 490/1 | €1,470 | €578 | -€892 | -60.7% |
| Total equity and liabilities | 10/49 | €81,452 | €72,264 | -€9,188 | -11.3% |
| Equity | 10/15 | €52,349 | €49,920 | -€2,428 | -4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €26,449 | €26,449 | = | 0.0% |
| Distributable reserves | 133 | €26,449 | €26,449 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,308 | €4,880 | -€2,428 | -33.2% |
| Amounts payable | 17/49 | €29,104 | €22,344 | -€6,760 | -23.2% |
| Amounts payable after more than one year | 17 | €13,873 | €7,346 | -€6,527 | -47.0% |
| Financial debts | 170/4 | €13,873 | €7,346 | -€6,527 | -47.0% |
| Amounts payable within one year | 42/48 | €15,230 | €14,998 | -€232 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €6,292 | €6,527 | +€235 | +3.7% |
| Trade debts | 44 | €1,697 | €6,379 | +€4,681 | +276% |
| Suppliers | 440/4 | €1,697 | €6,379 | +€4,681 | +276% |
| Taxes, remuneration and social security | 45 | €4,352 | €2,092 | -€2,260 | -51.9% |
| Taxes | 450/3 | €2,862 | €250 | -€2,613 | -91.3% |
| Remuneration and social security | 454/9 | €1,490 | €1,842 | +€352 | +23.6% |
| Other amounts payable | 47/48 | €2,888 | - | -€2,888 | |
| Non-recurring operating income | 76A | €6,405 | - | -€6,405 | |
| Remuneration, social security and pensions | 62 | €22,231 | €24,639 | +€2,408 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,432 | €8,293 | -€139 | -1.7% |
| Other operating charges | 640/8 | €1,630 | €4,222 | +€2,592 | +159% |
| Gross operating margin | 9900 | €36,721 | €36,612 | -€110 | -0.3% |
| Operating profit (loss) | 9901 | €4,429 | -€542 | -€4,970 | |
| Financial income | 75/76B | €4 | €0 | -€4 | -93.5% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -93.5% |
| Financial charges | 65/66B | €1,257 | €1,097 | -€160 | -12.7% |
| Recurring financial charges | 65 | €1,257 | €1,097 | -€160 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €3,176 | -€1,639 | -€4,814 | |
| Income taxes | 67/77 | €283 | -€43 | -€326 | |
| Profit (loss) for the period | 9904 | €2,893 | -€1,595 | -€4,488 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,893 | -€1,595 | -€4,488 |
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 20 October 2026 via checked.be.