DELTA COMPO: 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 COMPO
Largest movements
- Receivables within one year -€62,836
down €62,836 (-9.6%), from €655,002 to €592,166
of which Other amounts receivable: -€61,340
- Cash +€53,498
up €53,498 (+28.3%), from €189,143 to €242,641
mainly Net result for the year (+€74,617) and Receivables within one year (+€62,836)
- Tangible fixed assets +€19,763
up €19,763 (+169.1%), from €11,688 to €31,451
of which Furniture and vehicles: +€20,915
- Current investments -€16,716
down €16,716 (-4.2%), from €393,444 to €376,728
- Other debts -€26,378
down €26,378 (-32.1%), from €82,143 to €55,765
- Reserves +€15,900
up €15,900 (+4.5%), from €351,999 to €367,899
of which Distributable reserves: +€15,900
- Financial income +€12,511
up €12,511 (+193.3%), from €6,471 to €18,982
- Depreciation +€4,798
up €4,798 (+195.4%), from €2,455 to €7,253
- Other operating charges +€4,416
up €4,416 (+147.8%), from €2,987 to €7,404
- Gross operating margin -€3,108
down €3,108 (-2.9%), from €107,955 to €104,847
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 | €1,251,228 | €1,245,301 | -€5,928 | -0.5% |
| Fixed assets | 21/28 | €11,688 | €31,451 | +€19,763 | +169.1% |
| Tangible fixed assets | 22/27 | €11,688 | €31,451 | +€19,763 | +169.1% |
| Plant, machinery and equipment | 23 | €737 | €467 | -€269 | -36.6% |
| Furniture and vehicles | 24 | €2,812 | €23,727 | +€20,915 | +743.7% |
| Other tangible fixed assets | 26 | €8,139 | €7,257 | -€882 | -10.8% |
| Current assets | 29/58 | €1,239,540 | €1,213,849 | -€25,691 | -2.1% |
| Amounts receivable within one year | 40/41 | €655,002 | €592,166 | -€62,836 | -9.6% |
| Trade receivables | 40 | €42,671 | €41,174 | -€1,496 | -3.5% |
| Other amounts receivable | 41 | €612,331 | €550,991 | -€61,340 | -10.0% |
| Current investments | 50/53 | €393,444 | €376,728 | -€16,716 | -4.2% |
| Cash at bank and in hand | 54/58 | €189,143 | €242,641 | +€53,498 | +28.3% |
| Deferred charges and accrued income | 490/1 | €1,952 | €2,315 | +€363 | +18.6% |
| Total equity and liabilities | 10/49 | €1,251,228 | €1,245,301 | -€5,928 | -0.5% |
| Equity | 10/15 | €1,123,680 | €1,139,597 | +€15,917 | +1.4% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €351,999 | €367,899 | +€15,900 | +4.5% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €342,083 | €357,984 | +€15,900 | +4.6% |
| Profit (loss) carried forward | 14 | €672,523 | €672,540 | +€17 | 0.0% |
| Amounts payable | 17/49 | €127,549 | €105,704 | -€21,845 | -17.1% |
| Amounts payable within one year | 42/48 | €127,549 | €105,704 | -€21,845 | -17.1% |
| Financial debts | 43 | €6,717 | €6,717 | = | 0.0% |
| Credit institutions | 430/8 | €6,717 | €6,717 | = | 0.0% |
| Trade debts | 44 | €2,566 | €773 | -€1,793 | -69.9% |
| Suppliers | 440/4 | €2,566 | €773 | -€1,793 | -69.9% |
| Taxes, remuneration and social security | 45 | €36,123 | €42,449 | +€6,326 | +17.5% |
| Taxes | 450/3 | €36,123 | €42,449 | +€6,326 | +17.5% |
| Other amounts payable | 47/48 | €82,143 | €55,765 | -€26,378 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,455 | €7,253 | +€4,798 | +195.4% |
| Other operating charges | 640/8 | €2,987 | €7,404 | +€4,416 | +147.8% |
| Gross operating margin | 9900 | €107,955 | €104,847 | -€3,108 | -2.9% |
| Operating profit (loss) | 9901 | €102,512 | €90,190 | -€12,322 | -12.0% |
| Financial income | 75/76B | €6,471 | €18,982 | +€12,511 | +193.3% |
| Recurring financial income | 75 | €6,471 | €18,982 | +€12,511 | +193.3% |
| Financial charges | 65/66B | €3,228 | €3,100 | -€128 | -4.0% |
| Recurring financial charges | 65 | €3,228 | €3,100 | -€128 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €105,756 | €106,072 | +€316 | +0.3% |
| Income taxes | 67/77 | €31,454 | €31,455 | +€2 | 0.0% |
| Profit (loss) for the period | 9904 | €74,302 | €74,617 | +€315 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €74,302 | €74,617 | +€315 | +0.4% |
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 11 October 2026 via checked.be.