Delta Project Development: what changed
What changed
Delta Project Development
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€9,649
2024 · €9,350+€299
Equity
€189,991
2024 · €180,342+€9,649
Cash
€50,248
2024 · €32,764+€17,484
Balance sheet total
€267,563
2024 · €277,213-€9,650
Largest movements
Assets
- Current investments -€66,524
down €66,524 (-100%), from €66,524 to €0
- Stocks and contracts +€59,159
up €59,159 (+14,563%), from €406 to €59,566
- Tangible fixed assets -€17,516
down €17,516 (-28.4%), from €61,673 to €44,157
of which Plant, machinery and equipment: -€13,147
- Cash +€17,484
up €17,484 (+53.4%), from €32,764 to €50,248
mainly Current investments (+€66,524) and Depreciation (+€17,516)
Equity and liabilities
- Debts after one year -€24,189
down €24,189 (-34.3%), from €70,609 to €46,421
- Reserves +€9,649
up €9,649 (+6.0%), from €160,342 to €169,991
of which Distributable reserves: +€9,649
- Tax, wage and social debts +€4,325
up €4,325 (+248%), from €1,746 to €6,071
Income statement
- Gross operating margin +€1,360
up €1,360 (+3.7%), from €36,662 to €38,022
- Financial charges +€1,322
up €1,322 (+24.2%), from €5,472 to €6,794
- Depreciation -€537
down €537 (-3.0%), from €18,052 to €17,516
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€9,350
Gross operating margin
+€1,360
Depreciation
+€537
Other operating charges
-€212
Financial income
-€8
Financial charges
-€1,322
Taxes
-€55
Result 2025
€9,649
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€26,011
Investment
+€66,524
Financing
-€23,030
Cash 2024
€32,764
From operations (derived)
-€26,011
Net result for the year
+€9,649
Depreciation
+€17,516
Stocks and contracts
-€59,159
Receivables within one year
+€2,253
Trade debts
-€1,088
Tax, wage and social debts
+€4,325
Other debts
+€493
Investment (derived)
+€66,524
Current investments
+€66,524
Financing
-€23,030
Debts after one year
-€24,189
Current portion of long-term debt
+€1,159
Cash 2025
€50,248
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €277,213 | €267,563 | -€9,650 | -3.5% |
| Fixed assets | 21/28 | €61,673 | €44,157 | -€17,516 | -28.4% |
| Tangible fixed assets | 22/27 | €61,673 | €44,157 | -€17,516 | -28.4% |
| Land and buildings | 22 | €3,948 | €2,637 | -€1,310 | -33.2% |
| Plant, machinery and equipment | 23 | €48,536 | €35,390 | -€13,147 | -27.1% |
| Furniture and vehicles | 24 | €9,189 | €6,130 | -€3,059 | -33.3% |
| Current assets | 29/58 | €215,540 | €223,406 | +€7,866 | +3.6% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €406 | €59,566 | +€59,159 | +14,563% |
| Stocks | 30/36 | €406 | €59,566 | +€59,159 | +14,563% |
| Amounts receivable within one year | 40/41 | €50,846 | €48,592 | -€2,253 | -4.4% |
| Trade receivables | 40 | €48,804 | €44,946 | -€3,858 | -7.9% |
| Other amounts receivable | 41 | €2,042 | €3,646 | +€1,604 | +78.6% |
| Current investments | 50/53 | €66,524 | €0 | -€66,524 | -100% |
| Cash at bank and in hand | 54/58 | €32,764 | €50,248 | +€17,484 | +53.4% |
| Total equity and liabilities | 10/49 | €277,213 | €267,563 | -€9,650 | -3.5% |
| Equity | 10/15 | €180,342 | €189,991 | +€9,649 | +5.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €160,342 | €169,991 | +€9,649 | +6.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €160,342 | €169,991 | +€9,649 | +6.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €96,871 | €77,572 | -€19,299 | -19.9% |
| Amounts payable after more than one year | 17 | €70,609 | €46,421 | -€24,189 | -34.3% |
| Financial debts | 170/4 | €70,609 | €46,421 | -€24,189 | -34.3% |
| Amounts payable within one year | 42/48 | €26,262 | €31,151 | +€4,890 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €23,030 | €24,189 | +€1,159 | +5.0% |
| Trade debts | 44 | €1,088 | €0 | -€1,088 | -100% |
| Suppliers | 440/4 | €1,088 | €0 | -€1,088 | -100% |
| Taxes, remuneration and social security | 45 | €1,746 | €6,071 | +€4,325 | +248% |
| Taxes | 450/3 | €1,746 | €6,071 | +€4,325 | +248% |
| Other amounts payable | 47/48 | €399 | €892 | +€493 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,052 | €17,516 | -€537 | -3.0% |
| Other operating charges | 640/8 | €747 | €959 | +€212 | +28.4% |
| Gross operating margin | 9900 | €36,662 | €38,022 | +€1,360 | +3.7% |
| Operating profit (loss) | 9901 | €17,863 | €19,547 | +€1,684 | +9.4% |
| Financial income | 75/76B | €1,392 | €1,384 | -€8 | -0.6% |
| Recurring financial income | 75 | €1,392 | €1,384 | -€8 | -0.6% |
| Financial charges | 65/66B | €5,472 | €6,794 | +€1,322 | +24.2% |
| Recurring financial charges | 65 | €5,472 | €6,794 | +€1,322 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €13,783 | €14,136 | +€354 | +2.6% |
| Income taxes | 67/77 | €4,432 | €4,487 | +€55 | +1.2% |
| Profit (loss) for the period | 9904 | €9,350 | €9,649 | +€299 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,350 | €9,649 | +€299 | +3.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.