DELTA FINANCE: 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 FINANCE
Largest movements
- Cash -€165,538
down €165,538 (-82.5%), from €200,612 to €35,074
mainly Debts after one year (-€585,000) and Receivables within one year (-€14,945)
- Tangible fixed assets -€163,690
down €163,690 (-5.1%), from €3.2m to €3.1m
- Debts after one year -€585,000
down €585,000 (-59.4%), from €985,000 to €400,000
- Reserves +€252,968
up €252,968 (+1,905%), from €13,278 to €266,246
- Gross operating margin +€26,126
up €26,126 (+5.1%), from €508,788 to €534,914
- Financial charges -€13,153
down €13,153 (-27.5%), from €47,869 to €34,716
- Taxes +€10,991
up €10,991 (+14.9%), from €73,757 to €84,748
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.
Derived cash bridge
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 | €3,419,192 | €3,104,986 | -€314,206 | -9.2% |
| Fixed assets | 21/28 | €3,215,777 | €3,052,087 | -€163,690 | -5.1% |
| Tangible fixed assets | 22/27 | €3,215,777 | €3,052,087 | -€163,690 | -5.1% |
| Land and buildings | 22 | €3,215,777 | €3,052,087 | -€163,690 | -5.1% |
| Current assets | 29/58 | €203,415 | €52,899 | -€150,516 | -74.0% |
| Amounts receivable within one year | 40/41 | €981 | €15,926 | +€14,945 | +1,523% |
| Trade receivables | 40 | €805 | €15,926 | +€15,121 | +1,878% |
| Other amounts receivable | 41 | €176 | - | -€176 | |
| Cash at bank and in hand | 54/58 | €200,612 | €35,074 | -€165,538 | -82.5% |
| Deferred charges and accrued income | 490/1 | €1,822 | €1,899 | +€77 | +4.2% |
| Total equity and liabilities | 10/49 | €3,419,192 | €3,104,986 | -€314,206 | -9.2% |
| Equity | 10/15 | €2,330,216 | €2,583,184 | +€252,968 | +10.9% |
| Contributions | 10/11 | €2,230,987 | €2,230,987 | = | 0.0% |
| Revaluation surpluses | 12 | €85,951 | €85,951 | = | 0.0% |
| Reserves | 13 | €13,278 | €266,246 | +€252,968 | +1,905% |
| Distributable reserves | 133 | €13,278 | €266,246 | +€252,968 | +1,905% |
| Amounts payable | 17/49 | €1,088,976 | €521,802 | -€567,174 | -52.1% |
| Amounts payable after more than one year | 17 | €985,000 | €400,000 | -€585,000 | -59.4% |
| Financial debts | 170/4 | €985,000 | €400,000 | -€585,000 | -59.4% |
| Amounts payable within one year | 42/48 | €1,726 | €18,217 | +€16,491 | +955% |
| Trade debts | 44 | €1,338 | €17,310 | +€15,972 | +1,194% |
| Suppliers | 440/4 | €1,338 | €17,310 | +€15,972 | +1,194% |
| Taxes, remuneration and social security | 45 | €388 | €907 | +€519 | +134% |
| Taxes | 450/3 | €388 | €907 | +€519 | +134% |
| Accrued charges and deferred income | 492/3 | €102,250 | €103,585 | +€1,335 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,691 | €163,690 | -€1 | 0.0% |
| Other operating charges | 640/8 | €3,500 | €254 | -€3,246 | -92.7% |
| Gross operating margin | 9900 | €508,788 | €534,914 | +€26,126 | +5.1% |
| Operating profit (loss) | 9901 | €341,597 | €370,970 | +€29,373 | +8.6% |
| Financial income | 75/76B | €1,298 | €1,462 | +€164 | +12.6% |
| Recurring financial income | 75 | €1,298 | €1,462 | +€164 | +12.6% |
| Financial charges | 65/66B | €47,869 | €34,716 | -€13,153 | -27.5% |
| Recurring financial charges | 65 | €47,869 | €34,716 | -€13,153 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €295,026 | €337,716 | +€42,690 | +14.5% |
| Income taxes | 67/77 | €73,757 | €84,748 | +€10,991 | +14.9% |
| Profit (loss) for the period | 9904 | €221,269 | €252,968 | +€31,699 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €221,269 | €252,968 | +€31,699 | +14.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.