DELTA SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€33,839
up €33,839 (+28.2%), from €119,866 to €153,705
of which Trade receivables: +€45,685
- Cash +€7,792
up €7,792 (+57.5%), from €13,548 to €21,341
mainly Trade debts (+€38,786) and Depreciation (+€38,783)
- Tangible fixed assets -€5,248
down €5,248 (-22.8%), from €23,024 to €17,776
of which Plant, machinery and equipment: -€4,993
- Trade debts +€38,786
up €38,786 (+134.3%), from €28,886 to €67,671
- Tax, wage and social debts +€8,723
up €8,723 (+101.7%), from €8,581 to €17,304
- Other debts -€4,804
down €4,804 (-7.7%), from €62,090 to €57,286
- Profit (loss) carried forward -€4,438
down €4,438 (-4.4%), from €101,929 to €97,491
- Gross operating margin +€81,229
up €81,229 (+957.0%), from €8,488 to €89,717
- Financial charges +€34,990
up €34,990 (+258.4%), from €13,542 to €48,532
of which Financial charges: +€44,061
- Depreciation +€32,537
up €32,537 (+521.0%), from €6,246 to €38,783
- Taxes -€22,364
down €22,364 (-85.5%), from €26,172 to €3,808
- Write-downs +€15,742
no longer reported in 2025 (was -€15,742)
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 | €237,116 | €275,383 | +€38,267 | +16.1% |
| Fixed assets | 21/28 | €103,620 | €98,373 | -€5,248 | -5.1% |
| Tangible fixed assets | 22/27 | €23,024 | €17,776 | -€5,248 | -22.8% |
| Land and buildings | 22 | €5,920 | €5,665 | -€255 | -4.3% |
| Plant, machinery and equipment | 23 | €17,104 | €12,111 | -€4,993 | -29.2% |
| Financial fixed assets | 28 | €80,596 | €80,596 | = | 0.0% |
| Current assets | 29/58 | €133,496 | €177,010 | +€43,514 | +32.6% |
| Amounts receivable within one year | 40/41 | €119,866 | €153,705 | +€33,839 | +28.2% |
| Trade receivables | 40 | €75,963 | €121,649 | +€45,685 | +60.1% |
| Other amounts receivable | 41 | €43,903 | €32,057 | -€11,846 | -27.0% |
| Cash at bank and in hand | 54/58 | €13,548 | €21,341 | +€7,792 | +57.5% |
| Deferred charges and accrued income | 490/1 | €81 | €1,964 | +€1,883 | +2319.3% |
| Total equity and liabilities | 10/49 | €237,116 | €275,383 | +€38,267 | +16.1% |
| Equity | 10/15 | €137,559 | €133,121 | -€4,438 | -3.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €17,038 | €17,038 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €15,179 | €15,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,929 | €97,491 | -€4,438 | -4.4% |
| Amounts payable | 17/49 | €99,557 | €142,261 | +€42,705 | +42.9% |
| Amounts payable within one year | 42/48 | €99,557 | €142,261 | +€42,705 | +42.9% |
| Trade debts | 44 | €28,886 | €67,671 | +€38,786 | +134.3% |
| Suppliers | 440/4 | €28,886 | €67,671 | +€38,786 | +134.3% |
| Taxes, remuneration and social security | 45 | €8,581 | €17,304 | +€8,723 | +101.7% |
| Taxes | 450/3 | €8,581 | €17,304 | +€8,723 | +101.7% |
| Other amounts payable | 47/48 | €62,090 | €57,286 | -€4,804 | -7.7% |
| Non-recurring operating income | 76A | €39,839 | - | -€39,839 | |
| Goods, raw materials, services and sundry goods | 60/61 | €55,677 | €54,212 | -€1,465 | -2.6% |
| Remuneration, social security and pensions | 62 | €29 | €3,524 | +€3,494 | +11897.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,246 | €38,783 | +€32,537 | +521.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€15,742 | - | +€15,742 | |
| Gross operating margin | 9900 | €8,488 | €89,717 | +€81,229 | +957.0% |
| Operating profit (loss) | 9901 | €17,955 | €47,410 | +€29,455 | +164.1% |
| Financial income | 75/76B | €2,934 | €492 | -€2,442 | -83.2% |
| Recurring financial income | 75 | €2,934 | €492 | -€2,442 | -83.2% |
| Financial charges | 65/66B | €13,542 | €48,532 | +€34,990 | +258.4% |
| Recurring financial charges | 65 | €3,735 | €47,797 | +€44,061 | +1179.6% |
| Non-recurring financial charges | 66B | €9,806 | €735 | -€9,071 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | €7,347 | -€630 | -€7,977 | |
| Income taxes | 67/77 | €26,172 | €3,808 | -€22,364 | -85.5% |
| Profit (loss) for the period | 9904 | -€18,825 | -€4,438 | +€14,387 | +76.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,825 | -€4,438 | +€14,387 | +76.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.