DELTA GROUP: what changed
What changed
DELTA GROUP
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€3.3m
2024 · €337,124-€3.7m
Equity
€7.5m
2024 · €10.8m-€3.3m
Cash
€4,273
2024 · €11,356-€7,082
Balance sheet total
€20.3m
2024 · €19.7m+€600,913
Largest movements
Assets
- Receivables within one year +€2.6m
up €2.6m (+106%), from €2.5m to €5.1m
of which Other amounts receivable: +€2.6m
- Financial fixed assets -€2.0m
down €2.0m (-11.7%), from €17.2m to €15.2m
Equity and liabilities
- Other debts +€3.9m
up €3.9m (+44.5%), from €8.9m to €12.8m
- Profit (loss) carried forward -€3.3m
down €3.3m, from €1.5m to -€1.8m
Income statement
- Financial charges +€3.3m
up €3.3m (+1,468%), from €222,008 to €3.5m
of which Non-recurring financial charges: +€3.1m
- Financial income -€423,450
down €423,450 (-72.7%), from €582,698 to €159,248
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.
Result 2024
€337,124
Other operating charges
-€240
Other operating items
+€22,920
Financial income
-€423,450
Financial charges
-€3.3m
Result 2025
-€3.3m
lowers the resultnot broken down further in the accounts
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.
From operations
-€2.0m
Investment
+€2.0m
Financing
€0
Cash 2024
€11,356
From operations (derived)
-€2.0m
Net result for the year
-€3.3m
Receivables within one year
-€2.6m
Smaller working-capital items
-€1,756
Trade debts
-€18,548
Other debts
+€3.9m
Investment (derived)
+€2.0m
Investment in fixed assets (net)
+€2.0m
Cash 2025
€4,273
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,666,221 | €20,267,134 | +€600,913 | +3.1% |
| Fixed assets | 21/28 | €17,177,499 | €15,171,261 | -€2.0m | -11.7% |
| Financial fixed assets | 28 | €17,177,499 | €15,171,261 | -€2.0m | -11.7% |
| Affiliated companies | 280/1 | €17,177,499 | €15,171,261 | -€2.0m | -11.7% |
| Participating interests | 280 | €17,177,499 | €15,171,261 | -€2.0m | -11.7% |
| Current assets | 29/58 | €2,488,722 | €5,095,873 | +€2.6m | +105% |
| Amounts receivable within one year | 40/41 | €2,472,065 | €5,084,651 | +€2.6m | +106% |
| Trade receivables | 40 | €56,192 | €32,261 | -€23,932 | -42.6% |
| Other amounts receivable | 41 | €2,415,872 | €5,052,390 | +€2.6m | +109% |
| Cash at bank and in hand | 54/58 | €11,356 | €4,273 | -€7,082 | -62.4% |
| Deferred charges and accrued income | 490/1 | €5,302 | €6,949 | +€1,647 | +31.1% |
| Total equity and liabilities | 10/49 | €19,666,221 | €20,267,134 | +€600,913 | +3.1% |
| Equity | 10/15 | €10,777,499 | €7,454,754 | -€3.3m | -30.8% |
| Contributions | 10/11 | €8,138,307 | €8,138,307 | = | 0.0% |
| Capital | 10 | €8,138,307 | €8,138,307 | = | 0.0% |
| Issued capital | 100 | €8,138,307 | €8,138,307 | = | 0.0% |
| Revaluation surpluses | 12 | €756,692 | €756,692 | = | 0.0% |
| Reserves | 13 | €379,155 | €379,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €379,155 | €379,155 | = | 0.0% |
| Legal reserve | 130 | €379,155 | €379,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,503,345 | -€1,819,400 | -€3.3m | |
| Amounts payable | 17/49 | €8,888,722 | €12,812,380 | +€3.9m | +44.1% |
| Amounts payable within one year | 42/48 | €8,888,613 | €12,812,380 | +€3.9m | +44.1% |
| Trade debts | 44 | €30,391 | €11,843 | -€18,548 | -61.0% |
| Suppliers | 440/4 | €30,391 | €11,843 | -€18,548 | -61.0% |
| Other amounts payable | 47/48 | €8,858,223 | €12,800,537 | +€3.9m | +44.5% |
| Accrued charges and deferred income | 492/3 | €109 | - | -€109 | |
| Operating income | 70/76A | - | €24,200 | +€24,200 | |
| Other operating income | 74 | - | €24,200 | +€24,200 | |
| Operating charges | 60/66A | €23,566 | €25,086 | +€1,520 | +6.5% |
| Services and other goods | 61 | €22,238 | €23,518 | +€1,280 | +5.8% |
| Other operating charges | 640/8 | €1,328 | €1,568 | +€240 | +18.1% |
| Operating profit (loss) | 9901 | -€23,566 | -€886 | +€22,680 | +96.2% |
| Financial income | 75/76B | €582,698 | €159,248 | -€423,450 | -72.7% |
| Recurring financial income | 75 | €582,698 | €159,248 | -€423,450 | -72.7% |
| Income from financial fixed assets | 750 | €500,000 | - | -€500,000 | |
| Income from current assets | 751 | €82,698 | €159,248 | +€76,550 | +92.6% |
| Other financial income | 752/9 | €0 | - | -€0 | |
| Financial charges | 65/66B | €222,008 | €3,481,107 | +€3.3m | +1,468% |
| Recurring financial charges | 65 | €222,008 | €346,122 | +€124,114 | +55.9% |
| Debt charges | 650 | €221,924 | €346,122 | +€124,198 | +56.0% |
| Other financial charges | 652/9 | €84 | - | -€84 | |
| Non-recurring financial charges | 66B | - | €3,134,985 | +€3.1m | |
| Profit (loss) for the period before taxes | 9903 | €337,124 | -€3,322,745 | -€3.7m | |
| Profit (loss) for the period | 9904 | €337,124 | -€3,322,745 | -€3.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €337,124 | -€3,322,745 | -€3.7m |
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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 6 November 2026 via checked.be.