DELTA WAREHOUSING: what changed
What changed
DELTA WAREHOUSING
NACE 52.100, Warehousing and storage
filed annual accounts (NBB)
Net result for the year
€432,791
2024 · -€1.2m+€1.7m
Equity
€231,280
2024 · -€601,511+€832,791
Cash
€82,437
2024 · €23,322+€59,115
Balance sheet total
€1.5m
2024 · €1.1m+€425,604
Largest movements
Assets
- Receivables within one year +€577,188
up €577,188 (+125%), from €463,355 to €1.0m
of which Trade receivables: +€581,858
- Tangible fixed assets -€126,375
down €126,375 (-26.3%), from €481,007 to €354,632
of which Furniture and vehicles: -€113,337
- Deferred charges and accrued income -€62,240
down €62,240 (-100%), from €62,240 to €0
- Cash +€59,115
up €59,115 (+253%), from €23,322 to €82,437
mainly Debts after one year (+€731,668) and Net result for the year (+€432,791)
- Stocks and contracts -€22,083
down €22,083 (-100%), from €22,083 to €0
Equity and liabilities
- Short-term financial debts -€1.2m
down €1.2m (-99.4%), from €1.2m to €7,483
- Debts after one year +€731,668
up €731,668 (+43,734%), from €1,673 to €733,341
- Profit (loss) carried forward +€432,791
up €432,791 (+34.4%), from -€1.3m to -€825,197
- Contributions +€400,000
up €400,000 (+89.7%), from €445,750 to €845,750
- Other debts +€137,700
up €137,700 (+367%), from €37,500 to €175,200
Income statement
- Gross operating margin +€646,402
up €646,402 (+117%), from €552,486 to €1.2m
- Other operating charges -€119,061
down €119,061 (-71.1%), from €167,394 to €48,333
- Staff costs -€63,939
down €63,939 (-11.5%), from €554,812 to €490,873
- Taxes -€30,674
down €30,674 (-91.6%), from €33,493 to €2,819
- Financial charges -€18,267
down €18,267 (-18.8%), from €97,387 to €79,120
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
-€1.2m
Gross operating margin
+€646,402
Staff costs
+€63,939
Depreciation
+€15,733
Other operating charges
+€119,061
Other operating items
+€773,390
Financial income
-€2,753
Financial charges
+€18,267
Taxes
+€30,674
Result 2025
€432,791
raises the resultlowers the resultnot broken down further in the accounts
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
+€87,418
Investment
-€11,797
Financing
-€16,506
Cash 2024
€23,322
From operations (derived)
+€87,418
Net result for the year
+€432,791
Depreciation
+€138,172
Stocks and contracts
+€22,083
Receivables within one year
-€577,188
Deferred charges and accrued income
+€62,240
Trade debts
-€51,417
Tax, wage and social debts
+€6,241
Other debts
+€137,700
Accrued charges and deferred income
-€83,205
Investment (derived)
-€11,797
Investment in fixed assets (net)
-€11,797
Financing
-€16,506
Debts after one year
+€731,668
Current portion of long-term debt
+€19,343
Short-term financial debts
-€1.2m
Contributions, distributions and other
+€400,000
Cash 2025
€82,437
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,078,107 | €1,503,711 | +€425,604 | +39.5% |
| Fixed assets | 21/28 | €481,007 | €354,632 | -€126,375 | -26.3% |
| Tangible fixed assets | 22/27 | €481,007 | €354,632 | -€126,375 | -26.3% |
| Land and buildings | 22 | €134,475 | €123,485 | -€10,990 | -8.2% |
| Plant, machinery and equipment | 23 | €20,505 | €18,456 | -€2,049 | -10.0% |
| Furniture and vehicles | 24 | €326,027 | €212,690 | -€113,337 | -34.8% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €597,100 | €1,149,079 | +€551,979 | +92.4% |
| Stocks and contracts in progress | 3 | €22,083 | €0 | -€22,083 | -100% |
| Stocks | 30/36 | €22,083 | €0 | -€22,083 | -100% |
| Amounts receivable within one year | 40/41 | €463,355 | €1,040,543 | +€577,188 | +125% |
| Trade receivables | 40 | €240,133 | €821,991 | +€581,858 | +242% |
| Other amounts receivable | 41 | €223,222 | €218,552 | -€4,670 | -2.1% |
| Current investments | 50/53 | €26,100 | €26,100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,322 | €82,437 | +€59,115 | +253% |
| Deferred charges and accrued income | 490/1 | €62,240 | €0 | -€62,240 | -100% |
| Total equity and liabilities | 10/49 | €1,078,107 | €1,503,711 | +€425,604 | +39.5% |
| Equity | 10/15 | -€601,511 | €231,280 | +€832,791 | |
| Contributions | 10/11 | €445,750 | €845,750 | +€400,000 | +89.7% |
| Capital | 10 | €445,750 | €845,750 | +€400,000 | +89.7% |
| Issued capital | 100 | €445,750 | €845,750 | +€400,000 | +89.7% |
| Reserves | 13 | €210,727 | €210,727 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €89,500 | €89,500 | = | 0.0% |
| Legal reserve | 130 | €63,400 | €63,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €26,100 | +€26,100 | |
| Own shares acquired | 1312 | €26,100 | - | -€26,100 | |
| Distributable reserves | 133 | €121,227 | €121,227 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€1,257,988 | -€825,197 | +€432,791 | +34.4% |
| Amounts payable | 17/49 | €1,679,618 | €1,272,431 | -€407,187 | -24.2% |
| Amounts payable after more than one year | 17 | €1,673 | €733,341 | +€731,668 | +43,734% |
| Financial debts | 170/4 | €1,673 | €733,341 | +€731,668 | +43,734% |
| Amounts payable within one year | 42/48 | €1,594,740 | €539,090 | -€1.1m | -66.2% |
| Current portion of amounts payable after more than one year | 42 | €48,932 | €68,275 | +€19,343 | +39.5% |
| Financial debts | 43 | €1,175,000 | €7,483 | -€1.2m | -99.4% |
| Credit institutions | 430/8 | €1,175,000 | €7,483 | -€1.2m | -99.4% |
| Trade debts | 44 | €263,056 | €211,639 | -€51,417 | -19.5% |
| Suppliers | 440/4 | €263,056 | €211,639 | -€51,417 | -19.5% |
| Taxes, remuneration and social security | 45 | €70,252 | €76,493 | +€6,241 | +8.9% |
| Taxes | 450/3 | €30,177 | €41,234 | +€11,057 | +36.6% |
| Remuneration and social security | 454/9 | €40,075 | €35,258 | -€4,817 | -12.0% |
| Other amounts payable | 47/48 | €37,500 | €175,200 | +€137,700 | +367% |
| Accrued charges and deferred income | 492/3 | €83,205 | €0 | -€83,205 | -100% |
| Remuneration, social security and pensions | 62 | €554,812 | €490,873 | -€63,939 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,905 | €138,172 | -€15,733 | -10.2% |
| Other operating charges | 640/8 | €167,394 | €48,333 | -€119,061 | -71.1% |
| Non-recurring operating charges | 66A | €780,192 | €6,802 | -€773,390 | -99.1% |
| Gross operating margin | 9900 | €552,486 | €1,198,888 | +€646,402 | +117% |
| Operating profit (loss) | 9901 | -€1,103,817 | €514,708 | +€1.6m | |
| Financial income | 75/76B | €2,775 | €22 | -€2,753 | -99.2% |
| Recurring financial income | 75 | €2,775 | €22 | -€2,753 | -99.2% |
| Financial charges | 65/66B | €97,387 | €79,120 | -€18,267 | -18.8% |
| Recurring financial charges | 65 | €97,387 | €79,120 | -€18,267 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,198,429 | €435,610 | +€1.6m | |
| Income taxes | 67/77 | €33,493 | €2,819 | -€30,674 | -91.6% |
| Profit (loss) for the period | 9904 | -€1,231,922 | €432,791 | +€1.7m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,231,922 | €432,791 | +€1.7m |
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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 6 November 2026 via checked.be.