DELTA SOLUTIONS: 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 SOLUTIONS
Largest movements
- Cash -€49,936
down €49,936 (-33.9%), from €147,265 to €97,329
mainly Contributions, distributions and other (-€84,000) and Trade debts (-€44,599)
- Tangible fixed assets -€29,095
down €29,095 (-7.8%), from €371,940 to €342,846
of which Land and buildings: -€18,759
- Receivables within one year -€20,491
down €20,491 (-16.2%), from €126,270 to €105,779
of which Trade receivables: -€20,491
- Trade debts -€44,599
down €44,599 (-43.6%), from €102,391 to €57,791
- Other debts -€36,985
down €36,985 (-24.6%), from €150,645 to €113,660
- Debts after one year -€31,653
down €31,653 (-11.7%), from €271,244 to €239,591
- Tax, wage and social debts +€15,246
up €15,246 (+31.2%), from €48,806 to €64,052
of which Taxes: +€12,229
- Gross operating margin -€31,440
down €31,440 (-7.9%), from €396,455 to €365,016
- Taxes -€5,046
down €5,046 (-41.1%), from €12,281 to €7,235
- Staff costs +€4,807
up €4,807 (+2.1%), from €230,172 to €234,979
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 | €648,608 | €550,194 | -€98,413 | -15.2% |
| Fixed assets | 21/28 | €371,940 | €342,846 | -€29,095 | -7.8% |
| Tangible fixed assets | 22/27 | €371,940 | €342,846 | -€29,095 | -7.8% |
| Land and buildings | 22 | €347,752 | €328,993 | -€18,759 | -5.4% |
| Furniture and vehicles | 24 | €1,105 | €59 | -€1,046 | -94.7% |
| Leasing and similar rights | 25 | €23,084 | €13,794 | -€9,290 | -40.2% |
| Current assets | 29/58 | €276,667 | €207,349 | -€69,319 | -25.1% |
| Amounts receivable within one year | 40/41 | €126,270 | €105,779 | -€20,491 | -16.2% |
| Trade receivables | 40 | €126,270 | €105,779 | -€20,491 | -16.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €147,265 | €97,329 | -€49,936 | -33.9% |
| Deferred charges and accrued income | 490/1 | €3,133 | €4,241 | +€1,108 | +35.4% |
| Total equity and liabilities | 10/49 | €648,608 | €550,194 | -€98,413 | -15.2% |
| Equity | 10/15 | €37,644 | €36,695 | -€949 | -2.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €35,644 | €34,695 | -€949 | -2.7% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,044 | €18,373 | -€1,670 | -8.3% |
| Distributable reserves | 133 | €15,400 | €16,121 | +€721 | +4.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €5,011 | €4,593 | -€418 | -8.3% |
| Deferred taxes | 168 | €5,011 | €4,593 | -€418 | -8.3% |
| Amounts payable | 17/49 | €605,953 | €508,906 | -€97,047 | -16.0% |
| Amounts payable after more than one year | 17 | €271,244 | €239,591 | -€31,653 | -11.7% |
| Financial debts | 170/4 | €271,244 | €239,591 | -€31,653 | -11.7% |
| Amounts payable within one year | 42/48 | €333,709 | €268,315 | -€65,394 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €30,594 | €31,457 | +€863 | +2.8% |
| Trade debts | 44 | €102,391 | €57,791 | -€44,599 | -43.6% |
| Suppliers | 440/4 | €102,391 | €57,791 | -€44,599 | -43.6% |
| Advances received on contracts in progress | 46 | €1,274 | €1,355 | +€82 | +6.4% |
| Taxes, remuneration and social security | 45 | €48,806 | €64,052 | +€15,246 | +31.2% |
| Taxes | 450/3 | €13,982 | €26,212 | +€12,229 | +87.5% |
| Remuneration and social security | 454/9 | €34,824 | €37,840 | +€3,017 | +8.7% |
| Other amounts payable | 47/48 | €150,645 | €113,660 | -€36,985 | -24.6% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €230,172 | €234,979 | +€4,807 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,611 | €29,095 | -€517 | -1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,911 | €5,041 | +€130 | +2.7% |
| Gross operating margin | 9900 | €396,455 | €365,016 | -€31,440 | -7.9% |
| Operating profit (loss) | 9901 | €131,761 | €95,901 | -€35,861 | -27.2% |
| Financial income | 75/76B | €412 | €1,387 | +€976 | +237% |
| Recurring financial income | 75 | €412 | €804 | +€392 | +95.3% |
| Non-recurring financial income | 76B | - | €584 | +€584 | |
| Financial charges | 65/66B | €8,548 | €7,420 | -€1,128 | -13.2% |
| Recurring financial charges | 65 | €8,548 | €7,420 | -€1,128 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €123,625 | €89,868 | -€33,757 | -27.3% |
| Transfer from deferred taxes | 780 | €418 | €418 | = | 0.0% |
| Income taxes | 67/77 | €12,281 | €7,235 | -€5,046 | -41.1% |
| Profit (loss) for the period | 9904 | €111,761 | €83,051 | -€28,710 | -25.7% |
| Transfer from tax-exempt reserves | 789 | €1,670 | €1,670 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €113,432 | €84,721 | -€28,710 | -25.3% |
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 14 October 2026 via checked.be.