DELTA: 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.
DELTA
Largest movements
- Receivables within one year -€47,096
down €47,096 (-8.8%), from €533,201 to €486,105
of which Other amounts receivable: -€26,697
- Other debts -€71,584
down €71,584 (-76.2%), from €93,980 to €22,396
- Reserves +€18,992
up €18,992 (+8.9%), from €213,136 to €232,128
of which Distributable reserves: +€18,992
- Trade debts +€5,578
up €5,578 (+18.0%), from €31,054 to €36,632
- Gross operating margin -€12,767
down €12,767 (-83.0%), from €15,390 to €2,623
- Taxes -€11,581
down €11,581 (-58.5%), from €19,795 to €8,214
- Financial charges +€7,376
up €7,376 (+8196.1%), from €90 to €7,466
of which Non-recurring financial charges: +€4,879
- Financial income -€2,749
down €2,749 (-8.8%), from €31,121 to €28,372
- Other operating charges -€1,555
down €1,555 (-48.0%), from €3,237 to €1,682
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €540,483 | €495,011 | -€45,472 | -8.4% |
| Fixed assets | 21/28 | €546 | €546 | = | 0.0% |
| Financial fixed assets | 28 | €546 | €546 | = | 0.0% |
| Current assets | 29/58 | €539,937 | €494,465 | -€45,472 | -8.4% |
| Amounts receivable within one year | 40/41 | €533,201 | €486,105 | -€47,096 | -8.8% |
| Trade receivables | 40 | €27,284 | €6,885 | -€20,400 | -74.8% |
| Other amounts receivable | 41 | €505,917 | €479,220 | -€26,697 | -5.3% |
| Cash at bank and in hand | 54/58 | €6,188 | €6,812 | +€624 | +10.1% |
| Deferred charges and accrued income | 490/1 | €548 | €1,548 | +€1,000 | +182.4% |
| Total equity and liabilities | 10/49 | €540,483 | €495,011 | -€45,472 | -8.4% |
| Equity | 10/15 | €219,336 | €238,328 | +€18,992 | +8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €213,136 | €232,128 | +€18,992 | +8.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €211,276 | €230,268 | +€18,992 | +9.0% |
| Provisions and deferred taxes | 16 | €123,357 | €123,357 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €123,357 | €123,357 | = | 0.0% |
| Pensions and similar obligations | 160 | €123,357 | €123,357 | = | 0.0% |
| Amounts payable | 17/49 | €197,790 | €133,327 | -€64,464 | -32.6% |
| Amounts payable within one year | 42/48 | €195,609 | €133,327 | -€62,282 | -31.8% |
| Trade debts | 44 | €31,054 | €36,632 | +€5,578 | +18.0% |
| Suppliers | 440/4 | €31,054 | €36,632 | +€5,578 | +18.0% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €70,574 | €69,298 | -€1,276 | -1.8% |
| Taxes | 450/3 | €70,574 | €69,298 | -€1,276 | -1.8% |
| Other amounts payable | 47/48 | €93,980 | €22,396 | -€71,584 | -76.2% |
| Accrued charges and deferred income | 492/3 | €2,182 | - | -€2,182 | |
| Remuneration, social security and pensions | 62 | -€46 | €344 | +€390 | |
| Other operating charges | 640/8 | €3,237 | €1,682 | -€1,555 | -48.0% |
| Non-recurring operating charges | 66A | €70 | €1,608 | +€1,538 | +2189.7% |
| Gross operating margin | 9900 | €15,390 | €2,623 | -€12,767 | -83.0% |
| Operating profit (loss) | 9901 | €12,130 | -€1,010 | -€13,140 | |
| Financial income | 75/76B | €31,121 | €28,372 | -€2,749 | -8.8% |
| Recurring financial income | 75 | €31,121 | €28,372 | -€2,749 | -8.8% |
| Financial charges | 65/66B | €90 | €7,466 | +€7,376 | +8196.1% |
| Recurring financial charges | 65 | €90 | €2,588 | +€2,498 | +2775.1% |
| Non-recurring financial charges | 66B | - | €4,879 | +€4,879 | |
| Profit (loss) for the period before taxes | 9903 | €43,161 | €19,895 | -€23,266 | -53.9% |
| Income taxes | 67/77 | €19,795 | €8,214 | -€11,581 | -58.5% |
| Profit (loss) for the period | 9904 | €23,366 | €11,681 | -€11,685 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,366 | €11,681 | -€11,685 | -50.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2022 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.