DELTA CROWN: what changed
DELTA CROWN
Largest movements
- Stocks and contracts +€2,300
up €2,300 (+16.8%), from €13,700 to €16,000
- Receivables within one year -€1,721
down €1,721 (-77.7%), from €2,215 to €493
of which Trade receivables: -€1,817
- Tangible fixed assets -€262
down €262 (-80.0%), from €327 to €65
- Cash -€197
down €197 (-46.6%), from €422 to €225
mainly Net result for the year (-€2,873) and Stocks and contracts (-€2,300)
- Other debts +€2,963
up €2,963 (+8.6%), from €34,447 to €37,410
- Profit (loss) carried forward -€2,873
down €2,873 (-13.2%), from -€21,793 to -€24,666
- Gross operating margin +€3,453
up €3,453 (+61.2%), from -€5,645 to -€2,192
- Financial charges +€262
up €262 (+168%), from €157 to €419
- Other operating charges -€247
no longer reported in 2025 (was €247)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,664 | €16,784 | +€120 | +0.7% |
| Fixed assets | 21/28 | €327 | €65 | -€262 | -80.0% |
| Tangible fixed assets | 22/27 | €327 | €65 | -€262 | -80.0% |
| Furniture and vehicles | 24 | €327 | €65 | -€262 | -80.0% |
| Current assets | 29/58 | €16,337 | €16,719 | +€382 | +2.3% |
| Stocks and contracts in progress | 3 | €13,700 | €16,000 | +€2,300 | +16.8% |
| Stocks | 30/36 | €13,700 | €16,000 | +€2,300 | +16.8% |
| Amounts receivable within one year | 40/41 | €2,215 | €493 | -€1,721 | -77.7% |
| Trade receivables | 40 | €1,817 | - | -€1,817 | |
| Other amounts receivable | 41 | €397 | €493 | +€96 | +24.2% |
| Cash at bank and in hand | 54/58 | €422 | €225 | -€197 | -46.6% |
| Total equity and liabilities | 10/49 | €16,664 | €16,784 | +€120 | +0.7% |
| Equity | 10/15 | -€17,793 | -€20,666 | -€2,873 | -16.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,793 | -€24,666 | -€2,873 | -13.2% |
| Amounts payable | 17/49 | €34,457 | €37,450 | +€2,993 | +8.7% |
| Amounts payable within one year | 42/48 | €34,457 | €37,450 | +€2,993 | +8.7% |
| Trade debts | 44 | €10 | €40 | +€30 | +298% |
| Suppliers | 440/4 | €10 | €40 | +€30 | +298% |
| Other amounts payable | 47/48 | €34,447 | €37,410 | +€2,963 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262 | €262 | = | 0.0% |
| Other operating charges | 640/8 | €247 | - | -€247 | |
| Gross operating margin | 9900 | -€5,645 | -€2,192 | +€3,453 | +61.2% |
| Operating profit (loss) | 9901 | -€6,154 | -€2,454 | +€3,701 | +60.1% |
| Financial charges | 65/66B | €157 | €419 | +€262 | +168% |
| Recurring financial charges | 65 | €157 | €419 | +€262 | +168% |
| Profit (loss) for the period before taxes | 9903 | -€6,311 | -€2,873 | +€3,438 | +54.5% |
| Profit (loss) for the period | 9904 | -€6,311 | -€2,873 | +€3,438 | +54.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,311 | -€2,873 | +€3,438 | +54.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.