DELTACAST: 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.
DELTACAST
Largest movements
- Intangible fixed assets +€362,243
new in 2025: €362,243
- Cash -€108,084
down €108,084 (-77.6%), from €139,357 to €31,273
mainly Investment in fixed assets (net) (-€408,932) and Net result for the year (-€244,187)
- Receivables within one year +€82,442
up €82,442 (+4.6%), from €1.8m to €1.9m
of which Other amounts receivable: +€114,819
- Stocks and contracts +€68,121
up €68,121 (+554.9%), from €12,277 to €80,399
- Other debts +€562,293
up €562,293 (+95.4%), from €589,389 to €1.2m
- Investment grants +€393,156
new in 2025: €393,156
- Profit (loss) carried forward -€244,187
down €244,187, from €184,024 to -€60,162
- Trade debts -€237,694
down €237,694 (-27.6%), from €860,405 to €622,711
- Advances received -€105,408
no longer reported in 2025 (was €105,408)
- Depreciation +€41,906
up €41,906 (+970.9%), from €4,316 to €46,223
- Financial income +€41,792
up €41,792 (+1511.4%), from €2,765 to €44,557
- Gross operating margin +€30,279
up €30,279 (+5.3%), from €572,251 to €602,530
- Taxes -€11,834
down €11,834 (-60.4%), from €19,589 to €7,755
- Provisions +€10,000
new in 2025: €10,000
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 | €1,946,082 | €2,365,642 | +€419,559 | +21.6% |
| Fixed assets | 21/28 | €13,322 | €376,032 | +€362,710 | +2722.6% |
| Intangible fixed assets | 21 | - | €362,243 | +€362,243 | |
| Tangible fixed assets | 22/27 | €12,822 | €13,289 | +€467 | +3.6% |
| Plant, machinery and equipment | 23 | €12,822 | €13,289 | +€467 | +3.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,932,760 | €1,989,610 | +€56,850 | +2.9% |
| Stocks and contracts in progress | 3 | €12,277 | €80,399 | +€68,121 | +554.9% |
| Stocks | 30/36 | €12,277 | €80,399 | +€68,121 | +554.9% |
| Amounts receivable within one year | 40/41 | €1,777,086 | €1,859,528 | +€82,442 | +4.6% |
| Trade receivables | 40 | €286,679 | €254,303 | -€32,377 | -11.3% |
| Other amounts receivable | 41 | €1,490,407 | €1,605,226 | +€114,819 | +7.7% |
| Current investments | 50/53 | €1,415 | €11,421 | +€10,006 | +707.1% |
| Cash at bank and in hand | 54/58 | €139,357 | €31,273 | -€108,084 | -77.6% |
| Deferred charges and accrued income | 490/1 | €2,625 | €6,989 | +€4,364 | +166.3% |
| Total equity and liabilities | 10/49 | €1,946,082 | €2,365,642 | +€419,559 | +21.6% |
| Equity | 10/15 | €265,448 | €414,417 | +€148,969 | +56.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €19,924 | €19,924 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,950 | €16,950 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,800 | €10,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,974 | €2,974 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,024 | -€60,162 | -€244,187 | |
| Investment grants | 15 | - | €393,156 | +€393,156 | |
| Provisions and deferred taxes | 16 | - | €10,000 | +€10,000 | |
| Provisions for liabilities and charges | 160/5 | - | €10,000 | +€10,000 | |
| Other liabilities and charges | 164/5 | - | €10,000 | +€10,000 | |
| Amounts payable | 17/49 | €1,680,634 | €1,941,225 | +€260,590 | +15.5% |
| Amounts payable within one year | 42/48 | €1,680,634 | €1,920,604 | +€239,970 | +14.3% |
| Financial debts | 43 | €65,153 | €15,097 | -€50,056 | -76.8% |
| Credit institutions | 430/8 | €65,153 | €15,097 | -€50,056 | -76.8% |
| Trade debts | 44 | €860,405 | €622,711 | -€237,694 | -27.6% |
| Suppliers | 440/4 | €860,405 | €622,711 | -€237,694 | -27.6% |
| Advances received on contracts in progress | 46 | €105,408 | - | -€105,408 | |
| Taxes, remuneration and social security | 45 | €60,280 | €131,113 | +€70,833 | +117.5% |
| Taxes | 450/3 | €21 | €16,678 | +€16,657 | +78829.5% |
| Remuneration and social security | 454/9 | €60,259 | €114,435 | +€54,177 | +89.9% |
| Other amounts payable | 47/48 | €589,389 | €1,151,683 | +€562,293 | +95.4% |
| Accrued charges and deferred income | 492/3 | - | €20,621 | +€20,621 | |
| Remuneration, social security and pensions | 62 | €802,852 | €810,962 | +€8,110 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,316 | €46,223 | +€41,906 | +970.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €10,000 | +€10,000 | |
| Other operating charges | 640/8 | €1,309 | €1,478 | +€169 | +12.9% |
| Gross operating margin | 9900 | €572,251 | €602,530 | +€30,279 | +5.3% |
| Operating profit (loss) | 9901 | -€236,226 | -€266,133 | -€29,907 | -12.7% |
| Financial income | 75/76B | €2,765 | €44,557 | +€41,792 | +1511.4% |
| Recurring financial income | 75 | €2,765 | €44,557 | +€41,792 | +1511.4% |
| Financial charges | 65/66B | €11,531 | €14,856 | +€3,325 | +28.8% |
| Recurring financial charges | 65 | €11,531 | €14,856 | +€3,325 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | -€244,991 | -€236,432 | +€8,560 | +3.5% |
| Income taxes | 67/77 | €19,589 | €7,755 | -€11,834 | -60.4% |
| Profit (loss) for the period | 9904 | -€264,581 | -€244,187 | +€20,394 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€264,581 | -€244,187 | +€20,394 | +7.7% |
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 1 October 2026 via checked.be.