DELTA 64: 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 64
Largest movements
- Current investments +€70,000
up €70,000 (+1599.9%), from €4,375 to €74,375
- Cash -€41,709
down €41,709 (-44.5%), from €93,767 to €52,059
mainly Current investments (-€70,000) and Contributions, distributions and other (-€14,070)
- Tangible fixed assets -€4,831
down €4,831 (-51.3%), from €9,408 to €4,577
- Other debts +€7,568
up €7,568 (+62.2%), from €12,174 to €19,742
- Reserves +€6,878
up €6,878 (+7.0%), from €97,903 to €104,781
- Tax, wage and social debts +€6,396
up €6,396 (+20.0%), from €31,945 to €38,342
of which Remuneration and social security: +€5,458
- Trade debts +€2,866
up €2,866 (+435.1%), from €659 to €3,525
- Staff costs +€22,868
up €22,868 (+41.2%), from €55,481 to €78,349
- Gross operating margin +€10,965
up €10,965 (+10.1%), from €108,490 to €119,455
- Taxes -€5,937
down €5,937 (-33.8%), from €17,577 to €11,639
- Financial income -€3,986
down €3,986 (-81.1%), from €4,912 to €926
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 | €152,232 | €174,209 | +€21,977 | +14.4% |
| Fixed assets | 21/28 | €33,212 | €26,993 | -€6,219 | -18.7% |
| Intangible fixed assets | 21 | €5,651 | €4,263 | -€1,388 | -24.6% |
| Tangible fixed assets | 22/27 | €9,408 | €4,577 | -€4,831 | -51.3% |
| Furniture and vehicles | 24 | €9,408 | €4,577 | -€4,831 | -51.3% |
| Financial fixed assets | 28 | €18,153 | €18,153 | = | 0.0% |
| Current assets | 29/58 | €119,020 | €147,216 | +€28,196 | +23.7% |
| Amounts receivable within one year | 40/41 | €20,878 | €20,623 | -€254 | -1.2% |
| Trade receivables | 40 | €20,177 | €20,606 | +€429 | +2.1% |
| Other amounts receivable | 41 | €701 | €17 | -€684 | -97.6% |
| Current investments | 50/53 | €4,375 | €74,375 | +€70,000 | +1599.9% |
| Cash at bank and in hand | 54/58 | €93,767 | €52,059 | -€41,709 | -44.5% |
| Deferred charges and accrued income | 490/1 | - | €159 | +€159 | |
| Total equity and liabilities | 10/49 | €152,232 | €174,209 | +€21,977 | +14.4% |
| Equity | 10/15 | €105,723 | €112,601 | +€6,878 | +6.5% |
| Contributions | 10/11 | €7,820 | €7,820 | = | 0.0% |
| Reserves | 13 | €97,903 | €104,781 | +€6,878 | +7.0% |
| Distributable reserves | 133 | €97,903 | €104,781 | +€6,878 | +7.0% |
| Amounts payable | 17/49 | €46,509 | €61,608 | +€15,099 | +32.5% |
| Amounts payable within one year | 42/48 | €46,509 | €61,608 | +€15,099 | +32.5% |
| Current portion of amounts payable after more than one year | 42 | €1,731 | - | -€1,731 | |
| Trade debts | 44 | €659 | €3,525 | +€2,866 | +435.1% |
| Suppliers | 440/4 | €659 | €3,525 | +€2,866 | +435.1% |
| Taxes, remuneration and social security | 45 | €31,945 | €38,342 | +€6,396 | +20.0% |
| Taxes | 450/3 | €23,090 | €24,028 | +€938 | +4.1% |
| Remuneration and social security | 454/9 | €8,855 | €14,314 | +€5,458 | +61.6% |
| Other amounts payable | 47/48 | €12,174 | €19,742 | +€7,568 | +62.2% |
| Remuneration, social security and pensions | 62 | €55,481 | €78,349 | +€22,868 | +41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,247 | €7,444 | +€196 | +2.7% |
| Other operating charges | 640/8 | €869 | €1,339 | +€470 | +54.1% |
| Non-recurring operating charges | 66A | - | €162 | +€162 | |
| Gross operating margin | 9900 | €108,490 | €119,455 | +€10,965 | +10.1% |
| Operating profit (loss) | 9901 | €44,892 | €32,160 | -€12,732 | -28.4% |
| Financial income | 75/76B | €4,912 | €926 | -€3,986 | -81.1% |
| Recurring financial income | 75 | €4,912 | €926 | -€3,986 | -81.1% |
| Financial charges | 65/66B | €298 | €499 | +€201 | +67.5% |
| Recurring financial charges | 65 | €298 | €499 | +€201 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €49,507 | €32,587 | -€16,919 | -34.2% |
| Income taxes | 67/77 | €17,577 | €11,639 | -€5,937 | -33.8% |
| Profit (loss) for the period | 9904 | €31,930 | €20,948 | -€10,982 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,930 | €20,948 | -€10,982 | -34.4% |
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 10 October 2026 via checked.be.