DELTA ELECTRO SECURITY SYSTEMS: what changed
DELTA ELECTRO SECURITY SYSTEMS
Largest movements
- Cash +€86,605
up €86,605 (+276%), from €31,334 to €117,939
mainly Net result for the year (+€71,804) and Depreciation (+€27,301)
- Receivables within one year -€17,079
down €17,079 (-17.9%), from €95,167 to €78,088
of which Trade receivables: -€13,042
- Stocks and contracts +€12,500
up €12,500 (+142%), from €8,786 to €21,286
- Tangible fixed assets +€3,519
up €3,519 (+7.6%), from €46,185 to €49,704
of which Furniture and vehicles: +€4,939
- Profit (loss) carried forward +€71,804
up €71,804 (+210%), from €34,180 to €105,984
- Debts after one year +€11,115
up €11,115 (+145%), from €7,692 to €18,807
- Trade debts -€5,407
down €5,407 (-36.3%), from €14,912 to €9,505
- Tax, wage and social debts +€4,123
up €4,123 (+54.5%), from €7,560 to €11,683
of which Taxes: +€3,705
- Gross operating margin +€91,128
up €91,128 (+54.5%), from €167,165 to €258,293
- Taxes +€15,643
up €15,643 (+254%), from €6,158 to €21,801
- Staff costs +€9,848
up €9,848 (+7.7%), from €127,332 to €137,179
- Depreciation +€2,954
up €2,954 (+12.1%), from €24,347 to €27,301
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 | €199,572 | €285,560 | +€85,989 | +43.1% |
| Fixed assets | 21/28 | €46,185 | €49,704 | +€3,519 | +7.6% |
| Tangible fixed assets | 22/27 | €46,185 | €49,704 | +€3,519 | +7.6% |
| Plant, machinery and equipment | 23 | €6,375 | €5,255 | -€1,120 | -17.6% |
| Furniture and vehicles | 24 | €37,367 | €42,306 | +€4,939 | +13.2% |
| Other tangible fixed assets | 26 | €2,443 | €2,143 | -€300 | -12.3% |
| Current assets | 29/58 | €153,387 | €235,857 | +€82,470 | +53.8% |
| Stocks and contracts in progress | 3 | €8,786 | €21,286 | +€12,500 | +142% |
| Stocks | 30/36 | €8,786 | €21,286 | +€12,500 | +142% |
| Amounts receivable within one year | 40/41 | €95,167 | €78,088 | -€17,079 | -17.9% |
| Trade receivables | 40 | €82,520 | €69,479 | -€13,042 | -15.8% |
| Other amounts receivable | 41 | €12,647 | €8,609 | -€4,038 | -31.9% |
| Cash at bank and in hand | 54/58 | €31,334 | €117,939 | +€86,605 | +276% |
| Deferred charges and accrued income | 490/1 | €18,101 | €18,545 | +€444 | +2.5% |
| Total equity and liabilities | 10/49 | €199,572 | €285,560 | +€85,989 | +43.1% |
| Equity | 10/15 | €151,511 | €223,315 | +€71,804 | +47.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €104,931 | €104,931 | = | 0.0% |
| Distributable reserves | 133 | €104,931 | €104,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,180 | €105,984 | +€71,804 | +210% |
| Amounts payable | 17/49 | €48,061 | €62,245 | +€14,184 | +29.5% |
| Amounts payable after more than one year | 17 | €7,692 | €18,807 | +€11,115 | +145% |
| Financial debts | 170/4 | €7,692 | €18,807 | +€11,115 | +145% |
| Amounts payable within one year | 42/48 | €40,369 | €43,438 | +€3,069 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €10,149 | €12,200 | +€2,051 | +20.2% |
| Financial debts | 43 | €3,419 | €3,382 | -€37 | -1.1% |
| Credit institutions | 430/8 | €3,419 | €3,382 | -€37 | -1.1% |
| Trade debts | 44 | €14,912 | €9,505 | -€5,407 | -36.3% |
| Suppliers | 440/4 | €14,912 | €9,505 | -€5,407 | -36.3% |
| Taxes, remuneration and social security | 45 | €7,560 | €11,683 | +€4,123 | +54.5% |
| Taxes | 450/3 | €165 | €3,870 | +€3,705 | +2,239% |
| Remuneration and social security | 454/9 | €7,394 | €7,813 | +€418 | +5.7% |
| Other amounts payable | 47/48 | €4,329 | €6,667 | +€2,339 | +54.0% |
| Remuneration, social security and pensions | 62 | €127,332 | €137,179 | +€9,848 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,347 | €27,301 | +€2,954 | +12.1% |
| Other operating charges | 640/8 | €6,180 | €5,151 | -€1,029 | -16.7% |
| Gross operating margin | 9900 | €167,165 | €258,293 | +€91,128 | +54.5% |
| Operating profit (loss) | 9901 | €9,307 | €88,662 | +€79,355 | +853% |
| Financial income | 75/76B | €3,894 | €5,878 | +€1,984 | +50.9% |
| Recurring financial income | 75 | €3,894 | €5,878 | +€1,984 | +50.9% |
| Financial charges | 65/66B | €910 | €935 | +€25 | +2.8% |
| Recurring financial charges | 65 | €910 | €935 | +€25 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €12,291 | €93,605 | +€81,314 | +662% |
| Income taxes | 67/77 | €6,158 | €21,801 | +€15,643 | +254% |
| Profit (loss) for the period | 9904 | €6,133 | €71,804 | +€65,671 | +1,071% |
| Profit (loss) for the period to be appropriated | 9905 | €6,133 | €71,804 | +€65,671 | +1,071% |
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 2 November 2026 via checked.be.