DELTA-PI: 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-PI
Largest movements
- Cash -€21,864
down €21,864 (-67.6%), from €32,327 to €10,464
mainly Net result for the year (-€20,925) and Other debts (-€842)
- Profit (loss) carried forward -€20,925
down €20,925 (-18.8%), from -€111,402 to -€132,327
- Other debts -€842
down €842 (-1.8%), from €46,982 to €46,140
- Gross operating margin +€1,898
up €1,898 (+8.5%), from -€22,362 to -€20,464
- Financial charges -€1,485
down €1,485 (-92.7%), from €1,602 to €117
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 | €35,279 | €13,423 | -€21,856 | -62.0% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €35,229 | €13,373 | -€21,856 | -62.0% |
| Amounts receivable within one year | 40/41 | €2,902 | €2,909 | +€7 | +0.3% |
| Other amounts receivable | 41 | €2,902 | €2,909 | +€7 | +0.3% |
| Cash at bank and in hand | 54/58 | €32,327 | €10,464 | -€21,864 | -67.6% |
| Total equity and liabilities | 10/49 | €35,279 | €13,423 | -€21,856 | -62.0% |
| Equity | 10/15 | -€12,241 | -€33,167 | -€20,925 | -170.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,561 | €80,561 | = | 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 | €78,701 | €78,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,402 | -€132,327 | -€20,925 | -18.8% |
| Amounts payable | 17/49 | €47,520 | €46,589 | -€931 | -2.0% |
| Amounts payable within one year | 42/48 | €47,520 | €46,589 | -€931 | -2.0% |
| Trade debts | 44 | €538 | €450 | -€89 | -16.5% |
| Suppliers | 440/4 | €538 | €450 | -€89 | -16.5% |
| Other amounts payable | 47/48 | €46,982 | €46,140 | -€842 | -1.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€22,362 | -€20,464 | +€1,898 | +8.5% |
| Operating profit (loss) | 9901 | -€22,867 | -€20,984 | +€1,883 | +8.2% |
| Financial income | 75/76B | €151 | €175 | +€25 | +16.5% |
| Recurring financial income | 75 | €151 | €175 | +€25 | +16.5% |
| Financial charges | 65/66B | €1,602 | €117 | -€1,485 | -92.7% |
| Recurring financial charges | 65 | €1,602 | €117 | -€1,485 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,319 | -€20,925 | +€3,393 | +14.0% |
| Profit (loss) for the period | 9904 | -€24,319 | -€20,925 | +€3,393 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,319 | -€20,925 | +€3,393 | +14.0% |
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 11 October 2026 via checked.be.