DELTA RECOVER: what changed
What changed
DELTA RECOVER
NACE 28.300, Manufacture of machinery and equipment not elsewhere classified
filed annual accounts (NBB)
Net result for the year
€11,143
2024 · -€28,119+€39,263
Equity
-€806,142
2024 · -€817,286+€11,143
Cash
-
not filed
Balance sheet total
€385,337
2024 · €444,818-€59,481
Largest movements
Assets
- Tangible fixed assets -€33,655
down €33,655 (-100%), from €33,655 to €0
of which Other tangible fixed assets: -€25,770
- Receivables within one year -€25,864
down €25,864 (-78.5%), from €32,956 to €7,093
of which Other amounts receivable: -€15,086
Equity and liabilities
- Trade debts -€114,290
down €114,290 (-98.4%), from €116,178 to €1,888
- Other debts +€43,913
up €43,913 (+3.8%), from €1.1m to €1.2m
- Profit (loss) carried forward +€11,143
up €11,143 (+1.3%), from -€872,899 to -€861,755
Income statement
- Gross operating margin +€40,020
up €40,020, from -€3,906 to €36,114
- Financial charges -€14,534
down €14,534 (-70.9%), from €20,511 to €5,978
- Write-downs +€10,778
new in 2025: €10,778
- Depreciation -€3,534
down €3,534 (-100%), from €3,534 to €0
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
-€28,119
Gross operating margin
+€40,020
Depreciation
+€3,534
Write-downs
-€10,778
Other operating charges
-€338
Other operating items
-€7,885
Financial income
+€1
Financial charges
+€14,534
Taxes
+€174
Result 2025
€11,143
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,818 | €385,337 | -€59,481 | -13.4% |
| Fixed assets | 21/28 | €411,862 | €378,207 | -€33,655 | -8.2% |
| Tangible fixed assets | 22/27 | €33,655 | €0 | -€33,655 | -100% |
| Land and buildings | 22 | €7,885 | €0 | -€7,885 | -100% |
| Other tangible fixed assets | 26 | €25,770 | €0 | -€25,770 | -100% |
| Financial fixed assets | 28 | €378,207 | €378,207 | = | 0.0% |
| Current assets | 29/58 | €32,956 | €7,130 | -€25,826 | -78.4% |
| Amounts receivable within one year | 40/41 | €32,956 | €7,093 | -€25,864 | -78.5% |
| Trade receivables | 40 | €10,778 | €0 | -€10,778 | -100% |
| Other amounts receivable | 41 | €22,178 | €7,093 | -€15,086 | -68.0% |
| Deferred charges and accrued income | 490/1 | - | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €444,818 | €385,337 | -€59,481 | -13.4% |
| Equity | 10/15 | -€817,286 | -€806,142 | +€11,143 | +1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,213 | €43,213 | = | 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 | €41,353 | €41,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€872,899 | -€861,755 | +€11,143 | +1.3% |
| Amounts payable | 17/49 | €1,262,104 | €1,191,479 | -€70,625 | -5.6% |
| Amounts payable within one year | 42/48 | €1,262,104 | €1,191,454 | -€70,650 | -5.6% |
| Financial debts | 43 | €128 | - | -€128 | |
| Credit institutions | 430/8 | €128 | - | -€128 | |
| Trade debts | 44 | €116,178 | €1,888 | -€114,290 | -98.4% |
| Suppliers | 440/4 | €116,178 | €1,888 | -€114,290 | -98.4% |
| Taxes, remuneration and social security | 45 | €625 | €480 | -€145 | -23.2% |
| Taxes | 450/3 | €625 | €480 | -€145 | -23.2% |
| Other amounts payable | 47/48 | €1,145,174 | €1,189,086 | +€43,913 | +3.8% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Non-recurring operating income | 76A | - | €42,039 | +€42,039 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,534 | €0 | -€3,534 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,778 | +€10,778 | |
| Other operating charges | 640/8 | €62 | €400 | +€338 | +545% |
| Non-recurring operating charges | 66A | - | €7,885 | +€7,885 | |
| Gross operating margin | 9900 | -€3,906 | €36,114 | +€40,020 | |
| Operating profit (loss) | 9901 | -€7,502 | €17,052 | +€24,554 | |
| Financial income | 75/76B | €69 | €69 | +€1 | +1.0% |
| Recurring financial income | 75 | €69 | €69 | +€1 | +1.0% |
| Financial charges | 65/66B | €20,511 | €5,978 | -€14,534 | -70.9% |
| Recurring financial charges | 65 | €20,511 | €5,978 | -€14,534 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | -€27,945 | €11,143 | +€39,088 | |
| Income taxes | 67/77 | €174 | €0 | -€174 | -100% |
| Profit (loss) for the period | 9904 | -€28,119 | €11,143 | +€39,263 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,119 | €11,143 | +€39,263 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.