Delta Logistics: 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 Logistics
Largest movements
- Stocks and contracts -€141,611
down €141,611 (-81.1%), from €174,534 to €32,923
- Receivables within one year +€121,393
up €121,393 (+11.3%), from €1.1m to €1.2m
of which Trade receivables: +€93,819
- Tangible fixed assets +€37,290
up €37,290 (+349.8%), from €10,662 to €47,952
of which Furniture and vehicles: +€39,311
- Trade debts +€75,086
up €75,086 (+8.7%), from €858,490 to €933,576
- Short-term financial debts -€71,067
down €71,067 (-63.6%), from €111,792 to €40,725
- Gross operating margin -€57,307
down €57,307 (-23.9%), from €240,196 to €182,889
- Financial charges -€43,390
down €43,390 (-73.2%), from €59,309 to €15,919
- Staff costs -€15,744
down €15,744 (-10.1%), from €155,932 to €140,188
- Depreciation +€6,994
up €6,994 (+177.7%), from €3,935 to €10,930
- Other operating charges +€6,306
up €6,306 (+437.3%), from €1,442 to €7,748
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.
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 | €1,585,482 | €1,602,479 | +€16,996 | +1.1% |
| Fixed assets | 21/28 | €10,662 | €47,952 | +€37,290 | +349.8% |
| Tangible fixed assets | 22/27 | €10,662 | €47,952 | +€37,290 | +349.8% |
| Plant, machinery and equipment | 23 | €10,662 | €8,640 | -€2,021 | -19.0% |
| Furniture and vehicles | 24 | - | €39,311 | +€39,311 | |
| Current assets | 29/58 | €1,574,821 | €1,554,527 | -€20,294 | -1.3% |
| Amounts receivable after more than one year | 29 | €330,255 | €330,255 | = | 0.0% |
| Other amounts receivable | 291 | €330,255 | €330,255 | = | 0.0% |
| Stocks and contracts in progress | 3 | €174,534 | €32,923 | -€141,611 | -81.1% |
| Stocks | 30/36 | €174,534 | €32,923 | -€141,611 | -81.1% |
| Amounts receivable within one year | 40/41 | €1,069,740 | €1,191,134 | +€121,393 | +11.3% |
| Trade receivables | 40 | €1,046,565 | €1,140,384 | +€93,819 | +9.0% |
| Other amounts receivable | 41 | €23,175 | €50,750 | +€27,575 | +119.0% |
| Cash at bank and in hand | 54/58 | €291 | €215 | -€76 | -26.2% |
| Total equity and liabilities | 10/49 | €1,585,482 | €1,602,479 | +€16,996 | +1.1% |
| Equity | 10/15 | €488,101 | €490,457 | +€2,356 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,860 | €201,860 | = | 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% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €267,641 | €269,997 | +€2,356 | +0.9% |
| Amounts payable | 17/49 | €1,097,381 | €1,112,021 | +€14,640 | +1.3% |
| Amounts payable after more than one year | 17 | - | €11,667 | +€11,667 | |
| Financial debts | 170/4 | - | €11,667 | +€11,667 | |
| Amounts payable within one year | 42/48 | €1,094,146 | €1,099,921 | +€5,775 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | - | €10,000 | +€10,000 | |
| Financial debts | 43 | €111,792 | €40,725 | -€71,067 | -63.6% |
| Credit institutions | 430/8 | €111,792 | €40,725 | -€71,067 | -63.6% |
| Trade debts | 44 | €858,490 | €933,576 | +€75,086 | +8.7% |
| Suppliers | 440/4 | €858,490 | €933,576 | +€75,086 | +8.7% |
| Taxes, remuneration and social security | 45 | €38,864 | €30,620 | -€8,244 | -21.2% |
| Taxes | 450/3 | €11,626 | €11,869 | +€243 | +2.1% |
| Remuneration and social security | 454/9 | €27,238 | €18,751 | -€8,487 | -31.2% |
| Other amounts payable | 47/48 | €85,000 | €85,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,236 | €434 | -€2,802 | -86.6% |
| Remuneration, social security and pensions | 62 | €155,932 | €140,188 | -€15,744 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,935 | €10,930 | +€6,994 | +177.7% |
| Other operating charges | 640/8 | €1,442 | €7,748 | +€6,306 | +437.3% |
| Gross operating margin | 9900 | €240,196 | €182,889 | -€57,307 | -23.9% |
| Operating profit (loss) | 9901 | €78,886 | €24,023 | -€54,863 | -69.5% |
| Financial income | 75/76B | €4,196 | €5,377 | +€1,181 | +28.1% |
| Recurring financial income | 75 | €4,196 | €5,377 | +€1,181 | +28.1% |
| Financial charges | 65/66B | €59,309 | €15,919 | -€43,390 | -73.2% |
| Recurring financial charges | 65 | €59,309 | €15,919 | -€43,390 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €23,773 | €13,481 | -€10,292 | -43.3% |
| Income taxes | 67/77 | €10,287 | €11,125 | +€838 | +8.1% |
| Profit (loss) for the period | 9904 | €13,487 | €2,356 | -€11,130 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,487 | €2,356 | -€11,130 | -82.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.