Delta Print: 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 Print
Largest movements
- Stocks and contracts +€61,730
up €61,730 (+56.5%), from €109,220 to €170,950
- Tangible fixed assets -€29,486
down €29,486 (-18.4%), from €160,179 to €130,693
of which Plant, machinery and equipment: -€28,608
- Receivables within one year +€8,349
up €8,349 (+6.5%), from €128,418 to €136,767
of which Other amounts receivable: +€19,733
- Cash +€7,726
up €7,726 (+4.5%), from €173,024 to €180,750
mainly Trade debts (+€89,657) and Depreciation (+€84,226)
- Trade debts +€89,657
up €89,657 (+395%), from €22,712 to €112,369
- Debts after one year -€44,743
down €44,743 (-47.2%), from €94,743 to €50,000
of which Financial debts: -€44,743
- Other debts +€29,157
up €29,157 (+10.3%), from €283,367 to €312,524
- Tax, wage and social debts -€26,092
down €26,092 (-50.9%), from €51,241 to €25,149
of which Taxes: -€26,538
- Gross operating margin -€98,455
down €98,455 (-27.8%), from €353,914 to €255,460
- Taxes -€23,405
down €23,405 (-50.2%), from €46,640 to €23,235
- Depreciation +€6,460
up €6,460 (+8.3%), from €77,766 to €84,226
- Staff costs +€5,224
up €5,224 (+7.5%), from €69,539 to €74,763
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 | €571,432 | €619,785 | +€48,353 | +8.5% |
| Fixed assets | 21/28 | €160,179 | €130,693 | -€29,486 | -18.4% |
| Tangible fixed assets | 22/27 | €160,179 | €130,693 | -€29,486 | -18.4% |
| Plant, machinery and equipment | 23 | €156,574 | €127,965 | -€28,608 | -18.3% |
| Furniture and vehicles | 24 | €3,605 | €2,728 | -€878 | -24.3% |
| Current assets | 29/58 | €411,253 | €489,092 | +€77,839 | +18.9% |
| Stocks and contracts in progress | 3 | €109,220 | €170,950 | +€61,730 | +56.5% |
| Stocks | 30/36 | €109,220 | €170,950 | +€61,730 | +56.5% |
| Amounts receivable within one year | 40/41 | €128,418 | €136,767 | +€8,349 | +6.5% |
| Trade receivables | 40 | €128,099 | €116,716 | -€11,384 | -8.9% |
| Other amounts receivable | 41 | €318 | €20,051 | +€19,733 | +6,196% |
| Cash at bank and in hand | 54/58 | €173,024 | €180,750 | +€7,726 | +4.5% |
| Deferred charges and accrued income | 490/1 | €592 | €626 | +€34 | +5.7% |
| Total equity and liabilities | 10/49 | €571,432 | €619,785 | +€48,353 | +8.5% |
| Equity | 10/15 | €75,000 | €75,000 | = | 0.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable | 17/49 | €496,432 | €544,785 | +€48,353 | +9.7% |
| Amounts payable after more than one year | 17 | €94,743 | €50,000 | -€44,743 | -47.2% |
| Financial debts | 170/4 | €44,743 | - | -€44,743 | |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €401,689 | €494,785 | +€93,096 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €44,369 | €44,743 | +€375 | +0.8% |
| Trade debts | 44 | €22,712 | €112,369 | +€89,657 | +395% |
| Suppliers | 440/4 | €22,712 | €112,369 | +€89,657 | +395% |
| Taxes, remuneration and social security | 45 | €51,241 | €25,149 | -€26,092 | -50.9% |
| Taxes | 450/3 | €40,650 | €14,112 | -€26,538 | -65.3% |
| Remuneration and social security | 454/9 | €10,591 | €11,037 | +€445 | +4.2% |
| Other amounts payable | 47/48 | €283,367 | €312,524 | +€29,157 | +10.3% |
| Remuneration, social security and pensions | 62 | €69,539 | €74,763 | +€5,224 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,766 | €84,226 | +€6,460 | +8.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,804 | - | -€2,804 | |
| Other operating charges | 640/8 | €1,404 | €1,256 | -€148 | -10.5% |
| Gross operating margin | 9900 | €353,914 | €255,460 | -€98,455 | -27.8% |
| Operating profit (loss) | 9901 | €202,401 | €95,214 | -€107,187 | -53.0% |
| Financial income | 75/76B | €1,575 | €1,736 | +€160 | +10.2% |
| Recurring financial income | 75 | €1,575 | €1,736 | +€160 | +10.2% |
| Financial charges | 65/66B | €1,322 | €756 | -€566 | -42.8% |
| Recurring financial charges | 65 | €1,322 | €756 | -€566 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €202,655 | €96,194 | -€106,461 | -52.5% |
| Income taxes | 67/77 | €46,640 | €23,235 | -€23,405 | -50.2% |
| Profit (loss) for the period | 9904 | €156,015 | €72,959 | -€83,056 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €156,015 | €72,959 | -€83,056 | -53.2% |
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 16 October 2026 via checked.be.