DELTA X VENTURES: 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 X VENTURES
Largest movements
- Receivables within one year -€36,502
down €36,502 (-100%), from €36,502 to €0
of which Trade receivables: -€36,351
- Stocks and contracts -€3,827
down €3,827 (-14.1%), from €27,220 to €23,393
- Tangible fixed assets +€2,157
up €2,157 (+203%), from €1,064 to €3,221
- Cash -€1,955
down €1,955 (-16.5%), from €11,864 to €9,909
mainly Trade debts (-€37,389) and Investment in fixed assets (net) (-€3,600)
- Deferred charges and accrued income -€1,491
down €1,491 (-84.9%), from €1,757 to €266
- Trade debts -€37,389
down €37,389 (-99.5%), from €37,577 to €188
- Other debts -€2,640
down €2,640 (-5.9%), from €44,570 to €41,931
- Profit (loss) carried forward -€2,544
down €2,544 (-11.8%), from -€21,482 to -€24,026
- Gross operating margin +€19,303
up €19,303 (+98.7%), from -€19,548 to -€245
- Financial income -€862
down €862 (-96.6%), from €892 to €30
- Other operating charges -€526
down €526 (-72.7%), from €723 to €198
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 | €78,407 | €36,788 | -€41,618 | -53.1% |
| Fixed assets | 21/28 | €1,064 | €3,221 | +€2,157 | +203% |
| Tangible fixed assets | 22/27 | €1,064 | €3,221 | +€2,157 | +203% |
| Furniture and vehicles | 24 | €1,064 | €3,221 | +€2,157 | +203% |
| Current assets | 29/58 | €77,343 | €33,568 | -€43,776 | -56.6% |
| Stocks and contracts in progress | 3 | €27,220 | €23,393 | -€3,827 | -14.1% |
| Stocks | 30/36 | €27,220 | €23,393 | -€3,827 | -14.1% |
| Amounts receivable within one year | 40/41 | €36,502 | €0 | -€36,502 | -100% |
| Trade receivables | 40 | €36,351 | €0 | -€36,351 | -100% |
| Other amounts receivable | 41 | €151 | €0 | -€151 | -100% |
| Cash at bank and in hand | 54/58 | €11,864 | €9,909 | -€1,955 | -16.5% |
| Deferred charges and accrued income | 490/1 | €1,757 | €266 | -€1,491 | -84.9% |
| Total equity and liabilities | 10/49 | €78,407 | €36,788 | -€41,618 | -53.1% |
| Equity | 10/15 | -€19,482 | -€22,026 | -€2,544 | -13.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,482 | -€24,026 | -€2,544 | -11.8% |
| Amounts payable | 17/49 | €97,889 | €58,815 | -€39,075 | -39.9% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €82,496 | €43,027 | -€39,468 | -47.8% |
| Trade debts | 44 | €37,577 | €188 | -€37,389 | -99.5% |
| Suppliers | 440/4 | €37,577 | €188 | -€37,389 | -99.5% |
| Taxes, remuneration and social security | 45 | €348 | €908 | +€560 | +161% |
| Taxes | 450/3 | €348 | €908 | +€560 | +161% |
| Other amounts payable | 47/48 | €44,570 | €41,931 | -€2,640 | -5.9% |
| Accrued charges and deferred income | 492/3 | €394 | €788 | +€394 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,304 | €1,443 | +€139 | +10.7% |
| Other operating charges | 640/8 | €723 | €198 | -€526 | -72.7% |
| Gross operating margin | 9900 | -€19,548 | -€245 | +€19,303 | +98.7% |
| Operating profit (loss) | 9901 | -€21,575 | -€1,886 | +€19,689 | +91.3% |
| Financial income | 75/76B | €892 | €30 | -€862 | -96.6% |
| Recurring financial income | 75 | €892 | €30 | -€862 | -96.6% |
| Financial charges | 65/66B | €800 | €688 | -€112 | -14.0% |
| Recurring financial charges | 65 | €800 | €688 | -€112 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,482 | -€2,544 | +€18,939 | +88.2% |
| Profit (loss) for the period | 9904 | -€21,482 | -€2,544 | +€18,939 | +88.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,482 | -€2,544 | +€18,939 | +88.2% |
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 22 October 2026 via checked.be.