Delta Instruments: what changed
Two fiscal 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 Instruments
Largest movements
- Stocks and contracts +€185,026
new in 2025: €185,026
- Receivables within one year +€85,641
up €85,641 (+8029.9%), from €1,067 to €86,707
of which Trade receivables: +€86,707
- Cash -€12,585
down €12,585 (-20.8%), from €60,567 to €47,982
mainly Stocks and contracts (-€185,026) and Receivables within one year (-€85,641)
- Intangible fixed assets +€9,600
new in 2025: €9,600
- Tangible fixed assets +€4,293
up €4,293 (+175.3%), from €2,448 to €6,741
of which Plant, machinery and equipment: +€2,276
- Debts after one year +€175,000
up €175,000 (+291.7%), from €60,000 to €235,000
- Trade debts +€57,694
up €57,694 (+16385.2%), from €352 to €58,046
- Reserves +€26,000
new in 2025: €26,000
- Tax, wage and social debts +€8,327
new in 2025: €8,327
- Profit (loss) carried forward +€4,434
up €4,434, from -€4,270 to €164
- Gross operating margin +€51,700
up €51,700, from -€4,131 to €47,569
- Depreciation +€7,985
up €7,985 (+6546.0%), from €122 to €8,107
- Taxes +€6,764
new in 2025: €6,764
- Staff costs +€1,867
new in 2025: €1,867
- Financial income +€790
new in 2025: €790
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 | €64,082 | €336,056 | +€271,975 | +424.4% |
| Fixed assets | 21/28 | €2,448 | €16,341 | +€13,893 | +567.4% |
| Intangible fixed assets | 21 | - | €9,600 | +€9,600 | |
| Tangible fixed assets | 22/27 | €2,448 | €6,741 | +€4,293 | +175.3% |
| Land and buildings | 22 | - | €1,000 | +€1,000 | |
| Plant, machinery and equipment | 23 | €1,082 | €3,358 | +€2,276 | +210.4% |
| Furniture and vehicles | 24 | €1,367 | €2,383 | +€1,017 | +74.4% |
| Current assets | 29/58 | €61,633 | €319,715 | +€258,082 | +418.7% |
| Stocks and contracts in progress | 3 | - | €185,026 | +€185,026 | |
| Stocks | 30/36 | - | €185,026 | +€185,026 | |
| Amounts receivable within one year | 40/41 | €1,067 | €86,707 | +€85,641 | +8029.9% |
| Trade receivables | 40 | - | €86,707 | +€86,707 | |
| Other amounts receivable | 41 | €1,067 | €0 | -€1,067 | -100.0% |
| Cash at bank and in hand | 54/58 | €60,567 | €47,982 | -€12,585 | -20.8% |
| Total equity and liabilities | 10/49 | €64,082 | €336,056 | +€271,975 | +424.4% |
| Equity | 10/15 | €3,730 | €34,164 | +€30,434 | +816.0% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | - | €26,000 | +€26,000 | |
| Distributable reserves | 133 | - | €26,000 | +€26,000 | |
| Profit (loss) carried forward | 14 | -€4,270 | €164 | +€4,434 | |
| Amounts payable | 17/49 | €60,352 | €301,892 | +€241,540 | +400.2% |
| Amounts payable after more than one year | 17 | €60,000 | €235,000 | +€175,000 | +291.7% |
| Financial debts | 170/4 | €60,000 | €235,000 | +€175,000 | +291.7% |
| Amounts payable within one year | 42/48 | €352 | €66,892 | +€66,540 | +18897.6% |
| Financial debts | 43 | - | €520 | +€520 | |
| Credit institutions | 430/8 | - | €520 | +€520 | |
| Trade debts | 44 | €352 | €58,046 | +€57,694 | +16385.2% |
| Suppliers | 440/4 | €352 | €58,046 | +€57,694 | +16385.2% |
| Taxes, remuneration and social security | 45 | - | €8,327 | +€8,327 | |
| Taxes | 450/3 | - | €8,327 | +€8,327 | |
| Remuneration, social security and pensions | 62 | - | €1,867 | +€1,867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122 | €8,107 | +€7,985 | +6546.0% |
| Other operating charges | 640/8 | - | €495 | +€495 | |
| Gross operating margin | 9900 | -€4,131 | €47,569 | +€51,700 | |
| Operating profit (loss) | 9901 | -€4,253 | €37,100 | +€41,353 | |
| Financial income | 75/76B | - | €790 | +€790 | |
| Recurring financial income | 75 | - | €790 | +€790 | |
| Financial charges | 65/66B | €17 | €691 | +€674 | +3907.3% |
| Recurring financial charges | 65 | €17 | €691 | +€674 | +3907.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,270 | €37,198 | +€41,469 | |
| Income taxes | 67/77 | - | €6,764 | +€6,764 | |
| Profit (loss) for the period | 9904 | -€4,270 | €30,434 | +€34,705 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,270 | €30,434 | +€34,705 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.