DELTA MARINE ENGINEERING: 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 MARINE ENGINEERING
Largest movements
- Receivables within one year +€43,699
up €43,699 (+12.5%), from €349,190 to €392,890
of which Other amounts receivable: +€50,314
- Cash -€12,457
down €12,457 (-10.5%), from €118,411 to €105,955
mainly Receivables within one year (-€43,699) and Deferred charges and accrued income (-€9,876)
- Deferred charges and accrued income +€9,876
up €9,876 (+1,185%), from €833 to €10,709
- Reserves +€40,725
up €40,725 (+32.9%), from €123,616 to €164,342
of which Distributable reserves: +€40,725
- Gross operating margin -€7,021
down €7,021 (-10.7%), from €65,899 to €58,877
- Taxes -€2,928
down €2,928 (-17.7%), from €16,557 to €13,629
- Other operating charges +€2,050
up €2,050 (+309%), from €663 to €2,713
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 | €475,721 | €515,867 | +€40,147 | +8.4% |
| Fixed assets | 21/28 | €7,286 | €6,314 | -€972 | -13.3% |
| Tangible fixed assets | 22/27 | €7,286 | €6,314 | -€972 | -13.3% |
| Plant, machinery and equipment | 23 | €7,286 | €6,314 | -€972 | -13.3% |
| Current assets | 29/58 | €468,435 | €509,554 | +€41,119 | +8.8% |
| Amounts receivable within one year | 40/41 | €349,190 | €392,890 | +€43,699 | +12.5% |
| Trade receivables | 40 | €259,382 | €252,767 | -€6,615 | -2.6% |
| Other amounts receivable | 41 | €89,808 | €140,123 | +€50,314 | +56.0% |
| Cash at bank and in hand | 54/58 | €118,411 | €105,955 | -€12,457 | -10.5% |
| Deferred charges and accrued income | 490/1 | €833 | €10,709 | +€9,876 | +1,185% |
| Total equity and liabilities | 10/49 | €475,721 | €515,867 | +€40,147 | +8.4% |
| Equity | 10/15 | €185,616 | €226,342 | +€40,725 | +21.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €123,616 | €164,342 | +€40,725 | +32.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €117,416 | €158,142 | +€40,725 | +34.7% |
| Amounts payable | 17/49 | €290,105 | €289,526 | -€579 | -0.2% |
| Amounts payable within one year | 42/48 | €290,105 | €286,063 | -€4,042 | -1.4% |
| Trade debts | 44 | €290,105 | €286,063 | -€4,042 | -1.4% |
| Suppliers | 440/4 | €290,105 | €286,063 | -€4,042 | -1.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €3,463 | +€3,463 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €972 | €972 | = | 0.0% |
| Other operating charges | 640/8 | €663 | €2,713 | +€2,050 | +309% |
| Gross operating margin | 9900 | €65,899 | €58,877 | -€7,021 | -10.7% |
| Operating profit (loss) | 9901 | €64,264 | €55,192 | -€9,071 | -14.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €937 | €838 | -€99 | -10.5% |
| Recurring financial charges | 65 | €937 | €838 | -€99 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €63,327 | €54,354 | -€8,973 | -14.2% |
| Income taxes | 67/77 | €16,557 | €13,629 | -€2,928 | -17.7% |
| Profit (loss) for the period | 9904 | €46,770 | €40,725 | -€6,045 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,770 | €40,725 | -€6,045 | -12.9% |
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 27 October 2026 via checked.be.