DELTA CONSULT: 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 CONSULT
Largest movements
- Cash +€60,950
up €60,950 (+46.1%), from €132,143 to €193,093
mainly Net result for the year (+€49,253) and Tax, wage and social debts (+€5,448)
- Receivables within one year -€3,976
down €3,976 (-14.7%), from €27,014 to €23,038
of which Other amounts receivable: -€7,854
- Reserves +€49,253
up €49,253 (+44.7%), from €110,145 to €159,398
of which Distributable reserves: +€49,253
- Tax, wage and social debts +€5,448
up €5,448 (+69.7%), from €7,819 to €13,267
of which Taxes: +€5,427
- Trade debts +€3,895
up €3,895 (+293.3%), from €1,328 to €5,223
- Gross operating margin +€34,323
up €34,323 (+92.2%), from €37,238 to €71,561
- Taxes +€13,926
up €13,926 (+235.3%), from €5,918 to €19,844
- Other operating charges +€1,753
up €1,753 (+485.3%), from €361 to €2,115
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 | €174,277 | €231,251 | +€56,974 | +32.7% |
| Fixed assets | 21/28 | €15,120 | €15,120 | = | 0.0% |
| Financial fixed assets | 28 | €15,120 | €15,120 | = | 0.0% |
| Current assets | 29/58 | €159,157 | €216,131 | +€56,974 | +35.8% |
| Amounts receivable within one year | 40/41 | €27,014 | €23,038 | -€3,976 | -14.7% |
| Trade receivables | 40 | €17,350 | €21,228 | +€3,878 | +22.4% |
| Other amounts receivable | 41 | €9,664 | €1,810 | -€7,854 | -81.3% |
| Cash at bank and in hand | 54/58 | €132,143 | €193,093 | +€60,950 | +46.1% |
| Total equity and liabilities | 10/49 | €174,277 | €231,251 | +€56,974 | +32.7% |
| Equity | 10/15 | €132,545 | €181,798 | +€49,253 | +37.2% |
| Contributions | 10/11 | €22,400 | €22,400 | = | 0.0% |
| Capital | 10 | €22,400 | - | -€22,400 | |
| Issued capital | 100 | €28,600 | - | -€28,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €110,145 | €159,398 | +€49,253 | +44.7% |
| Non-distributable reserves | 130/1 | €2,860 | €2,860 | = | 0.0% |
| Legal reserve | 130 | €2,860 | - | -€2,860 | |
| Reserves not available under the articles | 1311 | - | €2,860 | +€2,860 | |
| Distributable reserves | 133 | €107,285 | €156,538 | +€49,253 | +45.9% |
| Amounts payable | 17/49 | €41,733 | €49,453 | +€7,721 | +18.5% |
| Amounts payable within one year | 42/48 | €41,325 | €49,453 | +€8,129 | +19.7% |
| Trade debts | 44 | €1,328 | €5,223 | +€3,895 | +293.3% |
| Suppliers | 440/4 | €1,328 | €5,223 | +€3,895 | +293.3% |
| Taxes, remuneration and social security | 45 | €7,819 | €13,267 | +€5,448 | +69.7% |
| Taxes | 450/3 | €5,123 | €10,551 | +€5,427 | +105.9% |
| Remuneration and social security | 454/9 | €2,696 | €2,716 | +€21 | +0.8% |
| Other amounts payable | 47/48 | €32,177 | €30,963 | -€1,214 | -3.8% |
| Accrued charges and deferred income | 492/3 | €408 | - | -€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398 | - | -€398 | |
| Other operating charges | 640/8 | €361 | €2,115 | +€1,753 | +485.3% |
| Gross operating margin | 9900 | €37,238 | €71,561 | +€34,323 | +92.2% |
| Operating profit (loss) | 9901 | €36,479 | €69,446 | +€32,968 | +90.4% |
| Financial income | 75/76B | €3 | €35 | +€33 | +1313.1% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -63.7% |
| Non-recurring financial income | 76B | - | €35 | +€35 | |
| Financial charges | 65/66B | €445 | €384 | -€61 | -13.6% |
| Recurring financial charges | 65 | €445 | €384 | -€61 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €36,037 | €69,098 | +€33,061 | +91.7% |
| Income taxes | 67/77 | €5,918 | €19,844 | +€13,926 | +235.3% |
| Profit (loss) for the period | 9904 | €30,118 | €49,253 | +€19,135 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,118 | €49,253 | +€19,135 | +63.5% |
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.