Delta DDO: 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 DDO
Largest movements
- Receivables within one year +€5,950
up €5,950 (+11.2%), from €53,027 to €58,976
of which Trade receivables: +€6,620
- Tangible fixed assets -€5,419
down €5,419 (-36.8%), from €14,734 to €9,314
of which Furniture and vehicles: -€3,661
- Cash +€5,366
up €5,366 (+7.9%), from €68,351 to €73,718
mainly Net result for the year (+€73,791) and Trade debts (+€18,215)
- Receivables after one year -€4,788
down €4,788 (-25.0%), from €19,152 to €14,364
- Current investments -€2,452
down €2,452 (-6.7%), from €36,656 to €34,203
- Reserves -€27,020
down €27,020 (-20.6%), from €131,292 to €104,272
of which Distributable reserves: -€27,020
- Trade debts +€18,215
up €18,215 (+1786.7%), from €1,019 to €19,234
- Tax, wage and social debts +€7,139
up €7,139 (+113.2%), from €6,308 to €13,447
- Other debts +€2,589
up €2,589 (+8.5%), from €30,408 to €32,998
- Gross operating margin -€23,149
down €23,149 (-21.7%), from €106,432 to €83,283
- Financial income -€3,104
down €3,104 (-10.1%), from €30,728 to €27,624
of which Non-recurring financial income: -€23,740
- Financial charges +€2,747
up €2,747 (+3244.7%), from €85 to €2,831
- Taxes -€2,666
down €2,666 (-9.8%), from €27,325 to €24,658
- Depreciation +€1,103
up €1,103 (+15.0%), from €7,333 to €8,436
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 | €195,098 | €195,924 | +€826 | +0.4% |
| Fixed assets | 21/28 | €16,534 | €11,114 | -€5,419 | -32.8% |
| Tangible fixed assets | 22/27 | €14,734 | €9,314 | -€5,419 | -36.8% |
| Furniture and vehicles | 24 | €10,979 | €7,318 | -€3,661 | -33.3% |
| Other tangible fixed assets | 26 | €3,755 | €1,997 | -€1,758 | -46.8% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €178,564 | €184,810 | +€6,245 | +3.5% |
| Amounts receivable after more than one year | 29 | €19,152 | €14,364 | -€4,788 | -25.0% |
| Other amounts receivable | 291 | €19,152 | €14,364 | -€4,788 | -25.0% |
| Amounts receivable within one year | 40/41 | €53,027 | €58,976 | +€5,950 | +11.2% |
| Trade receivables | 40 | €47,225 | €53,845 | +€6,620 | +14.0% |
| Other amounts receivable | 41 | €5,801 | €5,131 | -€670 | -11.6% |
| Current investments | 50/53 | €36,656 | €34,203 | -€2,452 | -6.7% |
| Cash at bank and in hand | 54/58 | €68,351 | €73,718 | +€5,366 | +7.9% |
| Deferred charges and accrued income | 490/1 | €1,379 | €3,549 | +€2,169 | +157.3% |
| Total equity and liabilities | 10/49 | €195,098 | €195,924 | +€826 | +0.4% |
| Equity | 10/15 | €149,842 | €122,822 | -€27,020 | -18.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €131,292 | €104,272 | -€27,020 | -20.6% |
| Tax-exempt reserves | 132 | €481 | €481 | = | 0.0% |
| Distributable reserves | 133 | €130,811 | €103,791 | -€27,020 | -20.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,257 | €73,102 | +€27,846 | +61.5% |
| Amounts payable within one year | 42/48 | €45,257 | €73,102 | +€27,846 | +61.5% |
| Financial debts | 43 | €7,520 | €7,423 | -€97 | -1.3% |
| Other loans | 439 | €7,520 | €7,423 | -€97 | -1.3% |
| Trade debts | 44 | €1,019 | €19,234 | +€18,215 | +1786.7% |
| Suppliers | 440/4 | €1,019 | €19,234 | +€18,215 | +1786.7% |
| Taxes, remuneration and social security | 45 | €6,308 | €13,447 | +€7,139 | +113.2% |
| Taxes | 450/3 | €6,308 | €13,447 | +€7,139 | +113.2% |
| Other amounts payable | 47/48 | €30,408 | €32,998 | +€2,589 | +8.5% |
| Non-recurring operating income | 76A | €4,987 | €0 | -€4,987 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,333 | €8,436 | +€1,103 | +15.0% |
| Other operating charges | 640/8 | €1,151 | €1,190 | +€39 | +3.4% |
| Gross operating margin | 9900 | €106,432 | €83,283 | -€23,149 | -21.7% |
| Operating profit (loss) | 9901 | €97,948 | €73,657 | -€24,291 | -24.8% |
| Financial income | 75/76B | €30,728 | €27,624 | -€3,104 | -10.1% |
| Recurring financial income | 75 | €6,988 | €27,624 | +€20,636 | +295.3% |
| Non-recurring financial income | 76B | €23,740 | €0 | -€23,740 | -100.0% |
| Financial charges | 65/66B | €85 | €2,831 | +€2,747 | +3244.7% |
| Recurring financial charges | 65 | €85 | €2,831 | +€2,747 | +3244.7% |
| Profit (loss) for the period before taxes | 9903 | €128,591 | €98,449 | -€30,142 | -23.4% |
| Income taxes | 67/77 | €27,325 | €24,658 | -€2,666 | -9.8% |
| Profit (loss) for the period | 9904 | €101,267 | €73,791 | -€27,475 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €101,267 | €73,791 | -€27,475 | -27.1% |
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.