Delta Group: 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 Group
Largest movements
- Tangible fixed assets -€7,276
down €7,276 (-25.6%), from €28,375 to €21,100
of which Furniture and vehicles: -€11,132
- Cash +€7,049
up €7,049 (+8.8%), from €79,996 to €87,045
mainly Depreciation (+€11,663) and Net result for the year (+€8,636)
- Reserves +€8,636
up €8,636 (+2.4%), from €362,849 to €371,484
of which Distributable reserves: +€8,636
- Gross operating margin +€5,365
up €5,365 (+25.9%), from €20,740 to €26,105
- Financial income -€1,046
down €1,046 (-30.4%), from €3,443 to €2,397
- Taxes +€658
up €658 (+11.3%), from €5,811 to €6,469
- Depreciation +€531
up €531 (+4.8%), from €11,132 to €11,663
- Other operating charges +€414
up €414 (+48.7%), from €850 to €1,264
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 | €424,967 | €427,206 | +€2,239 | +0.5% |
| Fixed assets | 21/28 | €28,375 | €21,100 | -€7,276 | -25.6% |
| Tangible fixed assets | 22/27 | €28,375 | €21,100 | -€7,276 | -25.6% |
| Plant, machinery and equipment | 23 | - | €3,857 | +€3,857 | |
| Furniture and vehicles | 24 | €28,375 | €17,243 | -€11,132 | -39.2% |
| Current assets | 29/58 | €396,592 | €406,107 | +€9,514 | +2.4% |
| Amounts receivable within one year | 40/41 | €44,404 | €46,869 | +€2,466 | +5.6% |
| Trade receivables | 40 | €1,953 | €3,685 | +€1,732 | +88.7% |
| Other amounts receivable | 41 | €42,451 | €43,185 | +€734 | +1.7% |
| Current investments | 50/53 | €272,192 | €272,192 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €79,996 | €87,045 | +€7,049 | +8.8% |
| Total equity and liabilities | 10/49 | €424,967 | €427,206 | +€2,239 | +0.5% |
| Equity | 10/15 | €416,395 | €425,030 | +€8,636 | +2.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €362,849 | €371,484 | +€8,636 | +2.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €345,989 | €354,625 | +€8,636 | +2.5% |
| Profit (loss) carried forward | 14 | €34,954 | €34,954 | = | 0.0% |
| Amounts payable | 17/49 | €8,573 | €2,176 | -€6,397 | -74.6% |
| Amounts payable after more than one year | 17 | €2,117 | - | -€2,117 | |
| Financial debts | 170/4 | €2,117 | - | -€2,117 | |
| Amounts payable within one year | 42/48 | €6,455 | €2,176 | -€4,279 | -66.3% |
| Current portion of amounts payable after more than one year | 42 | €5,049 | €2,117 | -€2,932 | -58.1% |
| Trade debts | 44 | €1,364 | €58 | -€1,306 | -95.7% |
| Suppliers | 440/4 | €1,364 | €58 | -€1,306 | -95.7% |
| Taxes, remuneration and social security | 45 | €42 | - | -€42 | |
| Taxes | 450/3 | €42 | - | -€42 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,132 | €11,663 | +€531 | +4.8% |
| Other operating charges | 640/8 | €850 | €1,264 | +€414 | +48.7% |
| Gross operating margin | 9900 | €20,740 | €26,105 | +€5,365 | +25.9% |
| Operating profit (loss) | 9901 | €8,757 | €13,178 | +€4,420 | +50.5% |
| Financial income | 75/76B | €3,443 | €2,397 | -€1,046 | -30.4% |
| Recurring financial income | 75 | €3,443 | €2,397 | -€1,046 | -30.4% |
| Financial charges | 65/66B | €551 | €470 | -€82 | -14.8% |
| Recurring financial charges | 65 | €551 | €470 | -€82 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €11,648 | €15,104 | +€3,456 | +29.7% |
| Income taxes | 67/77 | €5,811 | €6,469 | +€658 | +11.3% |
| Profit (loss) for the period | 9904 | €5,838 | €8,636 | +€2,798 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,838 | €8,636 | +€2,798 | +47.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.