DELTA MAINTENANCE SYSTEMS: 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 MAINTENANCE SYSTEMS
Largest movements
- Tangible fixed assets -€13,556
down €13,556 (-19.4%), from €69,785 to €56,229
of which Leasing and similar rights: -€8,986
- Deferred charges and accrued income -€9,289
down €9,289 (-60.4%), from €15,376 to €6,087
- Cash -€7,414
down €7,414 (-6.3%), from €118,411 to €110,997
mainly Tax, wage and social debts (-€19,088) and Debts after one year (-€17,997)
- Intangible fixed assets -€6,168
no longer reported in 2025 (was €6,168)
- Tax, wage and social debts -€19,088
down €19,088 (-32.8%), from €58,149 to €39,061
of which Taxes: -€19,650
- Debts after one year -€17,997
down €17,997 (-52.0%), from €34,588 to €16,591
- Reserves +€9,192
up €9,192 (+5.3%), from €174,911 to €184,103
- Trade debts -€6,894
down €6,894 (-42.5%), from €16,226 to €9,332
- Gross operating margin +€19,000
up €19,000 (+8.1%), from €233,299 to €252,299
- Write-downs +€16,440
up €16,440, from -€2,567 to €13,873
- Staff costs -€16,133
down €16,133 (-8.7%), from €184,592 to €168,458
- Other operating charges -€8,391
down €8,391 (-69.9%), from €12,012 to €3,621
- Taxes +€5,812
up €5,812 (+62.8%), from €9,256 to €15,067
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 | €434,928 | €398,801 | -€36,128 | -8.3% |
| Fixed assets | 21/28 | €75,953 | €56,229 | -€19,723 | -26.0% |
| Intangible fixed assets | 21 | €6,168 | - | -€6,168 | |
| Tangible fixed assets | 22/27 | €69,785 | €56,229 | -€13,556 | -19.4% |
| Plant, machinery and equipment | 23 | €14,481 | €13,583 | -€899 | -6.2% |
| Furniture and vehicles | 24 | €27,879 | €20,063 | -€7,815 | -28.0% |
| Leasing and similar rights | 25 | €27,425 | €18,439 | -€8,986 | -32.8% |
| Other tangible fixed assets | 26 | - | €4,144 | +€4,144 | |
| Current assets | 29/58 | €358,976 | €342,571 | -€16,404 | -4.6% |
| Amounts receivable within one year | 40/41 | €94,307 | €94,607 | +€299 | +0.3% |
| Trade receivables | 40 | €90,641 | €92,385 | +€1,744 | +1.9% |
| Other amounts receivable | 41 | €3,666 | €2,222 | -€1,444 | -39.4% |
| Current investments | 50/53 | €130,881 | €130,881 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €118,411 | €110,997 | -€7,414 | -6.3% |
| Deferred charges and accrued income | 490/1 | €15,376 | €6,087 | -€9,289 | -60.4% |
| Total equity and liabilities | 10/49 | €434,928 | €398,801 | -€36,128 | -8.3% |
| Equity | 10/15 | €296,160 | €305,352 | +€9,192 | +3.1% |
| Contributions | 10/11 | €121,249 | €121,249 | = | 0.0% |
| Reserves | 13 | €174,911 | €184,103 | +€9,192 | +5.3% |
| Distributable reserves | 133 | €174,911 | €184,103 | +€9,192 | +5.3% |
| Amounts payable | 17/49 | €138,768 | €93,448 | -€45,320 | -32.7% |
| Amounts payable after more than one year | 17 | €34,588 | €16,591 | -€17,997 | -52.0% |
| Financial debts | 170/4 | €34,588 | €16,591 | -€17,997 | -52.0% |
| Amounts payable within one year | 42/48 | €104,062 | €76,390 | -€27,672 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €17,119 | €17,997 | +€878 | +5.1% |
| Financial debts | 43 | €2,568 | - | -€2,568 | |
| Credit institutions | 430/8 | €2,568 | - | -€2,568 | |
| Trade debts | 44 | €16,226 | €9,332 | -€6,894 | -42.5% |
| Suppliers | 440/4 | €16,226 | €9,332 | -€6,894 | -42.5% |
| Taxes, remuneration and social security | 45 | €58,149 | €39,061 | -€19,088 | -32.8% |
| Taxes | 450/3 | €38,275 | €18,625 | -€19,650 | -51.3% |
| Remuneration and social security | 454/9 | €19,874 | €20,435 | +€562 | +2.8% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €118 | €467 | +€349 | +294% |
| Remuneration, social security and pensions | 62 | €184,592 | €168,458 | -€16,133 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,944 | €31,019 | +€75 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,567 | €13,873 | +€16,440 | |
| Other operating charges | 640/8 | €12,012 | €3,621 | -€8,391 | -69.9% |
| Gross operating margin | 9900 | €233,299 | €252,299 | +€19,000 | +8.1% |
| Operating profit (loss) | 9901 | €8,318 | €35,328 | +€27,009 | +325% |
| Financial income | 75/76B | €2,626 | €1,967 | -€659 | -25.1% |
| Recurring financial income | 75 | €2,626 | €1,967 | -€659 | -25.1% |
| Financial charges | 65/66B | €4,102 | €3,035 | -€1,066 | -26.0% |
| Recurring financial charges | 65 | €4,102 | €3,035 | -€1,066 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €6,842 | €34,260 | +€27,417 | +401% |
| Transfer from deferred taxes | 780 | €32 | - | -€32 | |
| Income taxes | 67/77 | €9,256 | €15,067 | +€5,812 | +62.8% |
| Profit (loss) for the period | 9904 | -€2,381 | €19,192 | +€21,574 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,381 | €19,192 | +€21,574 |
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 25 October 2026 via checked.be.