DELTABEAM: what changed
DELTABEAM
Largest movements
- Current investments -€154,047
down €154,047 (-79.8%), from €192,937 to €38,891
- Receivables within one year -€57,929
down €57,929 (-88.2%), from €65,679 to €7,751
of which Other amounts receivable: -€35,550
- Cash +€52,300
up €52,300 (+55.6%), from €94,031 to €146,331
mainly Net result for the year (+€233,107) and Current investments (+€154,047)
- Contributions -€400,000
down €400,000 (-30.6%), from €1.3m to €906,337
- Profit (loss) carried forward +€233,107
up €233,107 (+21.1%), from €1.1m to €1.3m
- Gross operating margin +€134,441
up €134,441 (+118%), from €113,619 to €248,060
- Financial income +€37,760
up €37,760 (+1,475%), from €2,560 to €40,320
of which Financial income: +€37,760
- Taxes +€10,609
up €10,609 (+56.5%), from €18,775 to €29,384
- Depreciation +€9,381
up €9,381 (+203%), from €4,620 to €14,001
- Financial charges +€7,940
up €7,940 (+1,535%), from €517 to €8,458
of which Non-recurring financial charges: +€5,760
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,503,340 | €2,320,374 | -€182,966 | -7.3% |
| Fixed assets | 21/28 | €2,149,182 | €2,126,541 | -€22,641 | -1.1% |
| Tangible fixed assets | 22/27 | €113,340 | €99,339 | -€14,001 | -12.4% |
| Furniture and vehicles | 24 | €113,340 | €99,339 | -€14,001 | -12.4% |
| Financial fixed assets | 28 | €2,035,842 | €2,027,202 | -€8,640 | -0.4% |
| Current assets | 29/58 | €354,158 | €193,833 | -€160,325 | -45.3% |
| Amounts receivable within one year | 40/41 | €65,679 | €7,751 | -€57,929 | -88.2% |
| Trade receivables | 40 | €25,162 | €2,783 | -€22,379 | -88.9% |
| Other amounts receivable | 41 | €40,517 | €4,968 | -€35,550 | -87.7% |
| Current investments | 50/53 | €192,937 | €38,891 | -€154,047 | -79.8% |
| Cash at bank and in hand | 54/58 | €94,031 | €146,331 | +€52,300 | +55.6% |
| Deferred charges and accrued income | 490/1 | €1,511 | €861 | -€650 | -43.0% |
| Total equity and liabilities | 10/49 | €2,503,340 | €2,320,374 | -€182,966 | -7.3% |
| Equity | 10/15 | €2,412,862 | €2,245,970 | -€166,893 | -6.9% |
| Contributions | 10/11 | €1,306,337 | €906,337 | -€400,000 | -30.6% |
| Profit (loss) carried forward | 14 | €1,106,526 | €1,339,633 | +€233,107 | +21.1% |
| Amounts payable | 17/49 | €90,478 | €74,404 | -€16,074 | -17.8% |
| Amounts payable after more than one year | 17 | €16,349 | €28,642 | +€12,293 | +75.2% |
| Financial debts | 170/4 | €16,349 | €28,642 | +€12,293 | +75.2% |
| Amounts payable within one year | 42/48 | €74,129 | €45,762 | -€28,367 | -38.3% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €18,190 | +€10,190 | +127% |
| Trade debts | 44 | €3,621 | €1,415 | -€2,207 | -60.9% |
| Suppliers | 440/4 | €3,621 | €1,415 | -€2,207 | -60.9% |
| Advances received on contracts in progress | 46 | €20,000 | - | -€20,000 | |
| Taxes, remuneration and social security | 45 | €42,507 | €26,099 | -€16,409 | -38.6% |
| Taxes | 450/3 | €42,507 | €26,099 | -€16,409 | -38.6% |
| Other amounts payable | 47/48 | - | €58 | +€58 | |
| Remuneration, social security and pensions | 62 | €1,658 | €829 | -€829 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,620 | €14,001 | +€9,381 | +203% |
| Other operating charges | 640/8 | €4,103 | €2,600 | -€1,503 | -36.6% |
| Gross operating margin | 9900 | €113,619 | €248,060 | +€134,441 | +118% |
| Operating profit (loss) | 9901 | €103,237 | €230,629 | +€127,392 | +123% |
| Financial income | 75/76B | €2,560 | €40,320 | +€37,760 | +1,475% |
| Recurring financial income | 75 | €2,560 | €40,320 | +€37,760 | +1,475% |
| Non-recurring financial income | 76B | €2,560 | €40,320 | +€37,760 | +1,475% |
| Financial charges | 65/66B | €517 | €8,458 | +€7,940 | +1,535% |
| Recurring financial charges | 65 | €517 | €2,698 | +€2,180 | +421% |
| Non-recurring financial charges | 66B | - | €5,760 | +€5,760 | |
| Profit (loss) for the period before taxes | 9903 | €105,280 | €262,492 | +€157,212 | +149% |
| Income taxes | 67/77 | €18,775 | €29,384 | +€10,609 | +56.5% |
| Profit (loss) for the period | 9904 | €86,505 | €233,107 | +€146,602 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €86,505 | €233,107 | +€146,602 | +169% |
Next steps
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 5 November 2026 via checked.be.