DELTA IMMO: 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 IMMO
Largest movements
- Receivables within one year -€8,454
no longer reported in 2025 (was €8,454)
of which Trade receivables: -€7,483
- Cash +€1,680
up €1,680 (+23.6%), from €7,113 to €8,793
mainly Receivables within one year (+€8,454) and Contributions, distributions and other (+€7,260)
- Tangible fixed assets -€1,173
down €1,173 (-5.3%), from €22,051 to €20,878
- Trade debts -€6,592
down €6,592 (-89.6%), from €7,361 to €768
- Other debts -€5,967
down €5,967 (-31.2%), from €19,106 to €13,139
- Profit (loss) carried forward +€4,933
up €4,933 (+178.1%), from €2,770 to €7,704
- Financial income -€6,292
down €6,292 (-99.1%), from €6,347 to €55
- Financial charges -€4,285
down €4,285 (-98.6%), from €4,345 to €60
- Gross operating margin +€981
up €981 (+46.7%), from €2,103 to €3,084
- Other operating charges -€603
down €603 (-23.3%), from €2,592 to €1,989
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 | €37,618 | €29,671 | -€7,947 | -21.1% |
| Fixed assets | 21/28 | €22,051 | €20,878 | -€1,173 | -5.3% |
| Tangible fixed assets | 22/27 | €22,051 | €20,878 | -€1,173 | -5.3% |
| Land and buildings | 22 | €22,051 | €20,878 | -€1,173 | -5.3% |
| Current assets | 29/58 | €15,567 | €8,793 | -€6,774 | -43.5% |
| Amounts receivable within one year | 40/41 | €8,454 | - | -€8,454 | |
| Trade receivables | 40 | €7,483 | - | -€7,483 | |
| Other amounts receivable | 41 | €971 | - | -€971 | |
| Cash at bank and in hand | 54/58 | €7,113 | €8,793 | +€1,680 | +23.6% |
| Total equity and liabilities | 10/49 | €37,618 | €29,671 | -€7,947 | -21.1% |
| Equity | 10/15 | €10,830 | €15,764 | +€4,933 | +45.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,770 | €7,704 | +€4,933 | +178.1% |
| Amounts payable | 17/49 | €26,788 | €13,908 | -€12,880 | -48.1% |
| Amounts payable within one year | 42/48 | €26,788 | €13,908 | -€12,880 | -48.1% |
| Financial debts | 43 | €321 | - | -€321 | |
| Credit institutions | 430/8 | €321 | - | -€321 | |
| Trade debts | 44 | €7,361 | €768 | -€6,592 | -89.6% |
| Suppliers | 440/4 | €7,361 | €768 | -€6,592 | -89.6% |
| Other amounts payable | 47/48 | €19,106 | €13,139 | -€5,967 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,173 | €1,173 | = | 0.0% |
| Other operating charges | 640/8 | €2,592 | €1,989 | -€603 | -23.3% |
| Non-recurring operating charges | 66A | - | €2,244 | +€2,244 | |
| Gross operating margin | 9900 | €2,103 | €3,084 | +€981 | +46.7% |
| Operating profit (loss) | 9901 | -€1,662 | -€2,322 | -€660 | -39.7% |
| Financial income | 75/76B | €6,347 | €55 | -€6,292 | -99.1% |
| Recurring financial income | 75 | €6,347 | €55 | -€6,292 | -99.1% |
| Financial charges | 65/66B | €4,345 | €60 | -€4,285 | -98.6% |
| Recurring financial charges | 65 | €4,345 | €60 | -€4,285 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | €340 | -€2,327 | -€2,667 | |
| Profit (loss) for the period | 9904 | €340 | -€2,327 | -€2,667 | |
| Profit (loss) for the period to be appropriated | 9905 | €340 | -€2,327 | -€2,667 |
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 10 October 2026 via checked.be.