Delta Application Technics: 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 Application Technics
Largest movements
- Receivables within one year +€443,439
up €443,439 (+95.2%), from €465,932 to €909,371
of which Trade receivables: +€518,329
- Cash -€149,461
down €149,461 (-82.2%), from €181,899 to €32,438
mainly Receivables within one year (-€443,439) and Debts after one year (-€24,701)
- Deferred charges and accrued income -€66,608
down €66,608 (-79.3%), from €83,949 to €17,341
- Intangible fixed assets -€65,240
down €65,240 (-50.0%), from €130,480 to €65,240
- Tangible fixed assets -€39,370
down €39,370 (-27.5%), from €142,951 to €103,581
- Advances received +€152,066
up €152,066 (+59.7%), from €254,558 to €406,624
- Debts after one year -€24,701
down €24,701 (-30.8%), from €80,210 to €55,508
- Trade debts +€22,345
up €22,345 (+9.6%), from €233,560 to €255,905
- Tax, wage and social debts -€20,190
down €20,190 (-21.7%), from €93,081 to €72,890
of which Remuneration and social security: -€25,716
- Short-term financial debts -€14,387
down €14,387 (-85.1%), from €16,908 to €2,522
- Gross operating margin -€400,541
down €400,541 (-52.3%), from €765,411 to €364,870
- Staff costs -€128,241
down €128,241 (-35.4%), from €362,232 to €233,991
- Taxes -€62,010
down €62,010 (-91.5%), from €67,784 to €5,774
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 | €1,005,892 | €1,128,652 | +€122,760 | +12.2% |
| Fixed assets | 21/28 | €274,112 | €169,501 | -€104,610 | -38.2% |
| Intangible fixed assets | 21 | €130,480 | €65,240 | -€65,240 | -50.0% |
| Tangible fixed assets | 22/27 | €142,951 | €103,581 | -€39,370 | -27.5% |
| Furniture and vehicles | 24 | €142,951 | €103,581 | -€39,370 | -27.5% |
| Financial fixed assets | 28 | €681 | €681 | = | 0.0% |
| Current assets | 29/58 | €731,780 | €959,150 | +€227,370 | +31.1% |
| Amounts receivable within one year | 40/41 | €465,932 | €909,371 | +€443,439 | +95.2% |
| Trade receivables | 40 | €365,485 | €883,814 | +€518,329 | +142% |
| Other amounts receivable | 41 | €100,447 | €25,557 | -€74,890 | -74.6% |
| Cash at bank and in hand | 54/58 | €181,899 | €32,438 | -€149,461 | -82.2% |
| Deferred charges and accrued income | 490/1 | €83,949 | €17,341 | -€66,608 | -79.3% |
| Total equity and liabilities | 10/49 | €1,005,892 | €1,128,652 | +€122,760 | +12.2% |
| Equity | 10/15 | €300,097 | €310,500 | +€10,404 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €281,497 | €291,900 | +€10,404 | +3.7% |
| Distributable reserves | 133 | €281,497 | €291,900 | +€10,404 | +3.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €705,795 | €818,151 | +€112,356 | +15.9% |
| Amounts payable after more than one year | 17 | €80,210 | €55,508 | -€24,701 | -30.8% |
| Financial debts | 170/4 | €80,210 | €55,508 | -€24,701 | -30.8% |
| Amounts payable within one year | 42/48 | €625,586 | €762,643 | +€137,057 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €27,478 | €24,701 | -€2,776 | -10.1% |
| Financial debts | 43 | €16,908 | €2,522 | -€14,387 | -85.1% |
| Credit institutions | 430/8 | €16,908 | €2,522 | -€14,387 | -85.1% |
| Trade debts | 44 | €233,560 | €255,905 | +€22,345 | +9.6% |
| Suppliers | 440/4 | €233,560 | €255,905 | +€22,345 | +9.6% |
| Advances received on contracts in progress | 46 | €254,558 | €406,624 | +€152,066 | +59.7% |
| Taxes, remuneration and social security | 45 | €93,081 | €72,890 | -€20,190 | -21.7% |
| Taxes | 450/3 | €31,831 | €37,357 | +€5,526 | +17.4% |
| Remuneration and social security | 454/9 | €61,250 | €35,533 | -€25,716 | -42.0% |
| Non-recurring operating income | 76A | €33,965 | €14,260 | -€19,705 | -58.0% |
| Remuneration, social security and pensions | 62 | €362,232 | €233,991 | -€128,241 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,596 | €100,870 | +€274 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,507 | +€3,507 | |
| Other operating charges | 640/8 | €1,935 | €6,247 | +€4,312 | +223% |
| Gross operating margin | 9900 | €765,411 | €364,870 | -€400,541 | -52.3% |
| Operating profit (loss) | 9901 | €300,648 | €20,255 | -€280,393 | -93.3% |
| Financial income | 75/76B | €3 | €1 | -€2 | -71.6% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -71.6% |
| Financial charges | 65/66B | €5,585 | €4,078 | -€1,507 | -27.0% |
| Recurring financial charges | 65 | €5,585 | €4,078 | -€1,507 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €295,066 | €16,178 | -€278,888 | -94.5% |
| Income taxes | 67/77 | €67,784 | €5,774 | -€62,010 | -91.5% |
| Profit (loss) for the period | 9904 | €227,282 | €10,404 | -€216,878 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €227,282 | €10,404 | -€216,878 | -95.4% |
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 13 October 2026 via checked.be.