DELTA PROJECT ENGINEERING: what changed
Two fiscal 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 PROJECT ENGINEERING
Largest movements
- Receivables within one year -€31,171
down €31,171 (-58.6%), from €53,189 to €22,017
of which Trade receivables: -€26,402
- Cash +€26,510
up €26,510 (+7.5%), from €351,428 to €377,938
mainly Net result for the year (+€107,540) and Receivables within one year (+€31,171)
- Tangible fixed assets -€12,373
down €12,373 (-21.0%), from €58,858 to €46,485
of which Leasing and similar rights: -€11,233
- Other debts -€35,321
down €35,321 (-27.2%), from €129,982 to €94,661
- Reserves +€15,000
up €15,000 (+4.0%), from €373,217 to €388,217
of which Distributable reserves: +€15,000
- Tax, wage and social debts +€13,754
up €13,754 (+147.9%), from €9,302 to €23,056
of which Taxes: +€16,254
- Debts after one year -€11,997
down €11,997 (-67.3%), from €17,815 to €5,818
- Gross operating margin +€65,428
up €65,428 (+60.4%), from €108,292 to €173,720
- Taxes +€19,825
up €19,825 (+72.1%), from €27,487 to €47,311
- Financial charges -€2,277
down €2,277 (-64.5%), from €3,531 to €1,254
- Depreciation +€2,139
up €2,139 (+16.1%), from €13,259 to €15,399
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €552,755 | €530,665 | -€22,090 | -4.0% |
| Fixed assets | 21/28 | €58,858 | €46,485 | -€12,373 | -21.0% |
| Tangible fixed assets | 22/27 | €58,858 | €46,485 | -€12,373 | -21.0% |
| Plant, machinery and equipment | 23 | €426 | €265 | -€161 | -37.8% |
| Furniture and vehicles | 24 | €1,595 | €3,717 | +€2,122 | +133.0% |
| Leasing and similar rights | 25 | €47,639 | €36,407 | -€11,233 | -23.6% |
| Other tangible fixed assets | 26 | €9,197 | €6,096 | -€3,101 | -33.7% |
| Current assets | 29/58 | €493,897 | €484,180 | -€9,718 | -2.0% |
| Stocks and contracts in progress | 3 | €55,945 | €55,945 | = | 0.0% |
| Stocks | 30/36 | €55,945 | €55,945 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,189 | €22,017 | -€31,171 | -58.6% |
| Trade receivables | 40 | €40,904 | €14,502 | -€26,402 | -64.5% |
| Other amounts receivable | 41 | €12,285 | €7,515 | -€4,769 | -38.8% |
| Current investments | 50/53 | €28,250 | €28,250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €351,428 | €377,938 | +€26,510 | +7.5% |
| Deferred charges and accrued income | 490/1 | €5,086 | €29 | -€5,056 | -99.4% |
| Total equity and liabilities | 10/49 | €552,755 | €530,665 | -€22,090 | -4.0% |
| Equity | 10/15 | €370,513 | €386,053 | +€15,540 | +4.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €373,217 | €388,217 | +€15,000 | +4.0% |
| Non-distributable reserves | 130/1 | €28,250 | €28,250 | = | 0.0% |
| Own shares acquired | 1312 | €28,250 | €28,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,467 | €1,467 | = | 0.0% |
| Distributable reserves | 133 | €343,500 | €358,500 | +€15,000 | +4.4% |
| Profit (loss) carried forward | 14 | -€23,165 | -€22,624 | +€540 | +2.3% |
| Amounts payable | 17/49 | €182,243 | €144,612 | -€37,631 | -20.6% |
| Amounts payable after more than one year | 17 | €17,815 | €5,818 | -€11,997 | -67.3% |
| Financial debts | 170/4 | €17,815 | €5,818 | -€11,997 | -67.3% |
| Amounts payable within one year | 42/48 | €163,730 | €137,784 | -€25,947 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €11,789 | €11,997 | +€208 | +1.8% |
| Trade debts | 44 | €12,658 | €8,070 | -€4,588 | -36.2% |
| Suppliers | 440/4 | €12,658 | €8,070 | -€4,588 | -36.2% |
| Taxes, remuneration and social security | 45 | €9,302 | €23,056 | +€13,754 | +147.9% |
| Taxes | 450/3 | €6,802 | €23,056 | +€16,254 | +239.0% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €129,982 | €94,661 | -€35,321 | -27.2% |
| Accrued charges and deferred income | 492/3 | €697 | €1,010 | +€313 | +44.9% |
| Non-recurring operating income | 76A | €7,494 | €1,465 | -€6,028 | -80.4% |
| Remuneration, social security and pensions | 62 | €266 | €276 | +€10 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,259 | €15,399 | +€2,139 | +16.1% |
| Other operating charges | 640/8 | €666 | €626 | -€40 | -5.9% |
| Non-recurring operating charges | 66A | €4,044 | €1,465 | -€2,578 | -63.8% |
| Gross operating margin | 9900 | €108,292 | €173,720 | +€65,428 | +60.4% |
| Operating profit (loss) | 9901 | €90,057 | €155,954 | +€65,896 | +73.2% |
| Financial income | 75/76B | €21 | €152 | +€131 | +616.7% |
| Recurring financial income | 75 | €21 | €152 | +€131 | +616.7% |
| Financial charges | 65/66B | €3,531 | €1,254 | -€2,277 | -64.5% |
| Recurring financial charges | 65 | €3,531 | €1,254 | -€2,277 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | €86,548 | €154,852 | +€68,304 | +78.9% |
| Income taxes | 67/77 | €27,487 | €47,311 | +€19,825 | +72.1% |
| Profit (loss) for the period | 9904 | €59,061 | €107,540 | +€48,479 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,061 | €107,540 | +€48,479 | +82.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.