DeltaFin: 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.
DeltaFin
Largest movements
- Current investments +€355,758
up €355,758 (+119%), from €299,929 to €655,687
- Receivables within one year +€93,525
up €93,525 (+98.6%), from €94,881 to €188,406
of which Trade receivables: +€187,556
- Tangible fixed assets -€49,238
down €49,238 (-9.7%), from €505,752 to €456,514
of which Other tangible fixed assets: -€26,406
- Financial fixed assets +€44,654
up €44,654 (+14,885%), from €300 to €44,954
- Cash -€29,485
down €29,485 (-68.4%), from €43,128 to €13,643
mainly Current investments (-€355,758) and Receivables within one year (-€93,525)
- Reserves +€259,427
up €259,427 (+38.3%), from €677,379 to €936,806
of which Distributable reserves: +€259,427
- Other debts +€120,089
up €120,089 (+113%), from €106,147 to €226,235
- Tax, wage and social debts +€47,129
up €47,129 (+2,247%), from €2,098 to €49,227
of which Taxes: +€47,129
- Trade debts -€14,851
down €14,851 (-84.3%), from €17,612 to €2,762
- Gross operating margin +€395,610
up €395,610 (+259%), from €153,020 to €548,630
- Taxes +€143,174
up €143,174 (+1,212%), from €11,811 to €154,985
- Staff costs -€51,512
down €51,512 (-100%), from €51,512 to €0
- Depreciation -€19,477
down €19,477 (-28.3%), from €68,715 to €49,238
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 | €1,003,302 | €1,415,096 | +€411,794 | +41.0% |
| Fixed assets | 21/28 | €506,052 | €501,468 | -€4,584 | -0.9% |
| Tangible fixed assets | 22/27 | €505,752 | €456,514 | -€49,238 | -9.7% |
| Land and buildings | 22 | €85,617 | €80,696 | -€4,922 | -5.7% |
| Plant, machinery and equipment | 23 | €36,265 | €31,936 | -€4,329 | -11.9% |
| Furniture and vehicles | 24 | €58,685 | €45,103 | -€13,582 | -23.1% |
| Other tangible fixed assets | 26 | €325,185 | €298,780 | -€26,406 | -8.1% |
| Financial fixed assets | 28 | €300 | €44,954 | +€44,654 | +14,885% |
| Current assets | 29/58 | €497,250 | €913,628 | +€416,378 | +83.7% |
| Amounts receivable after more than one year | 29 | €50,712 | €52,832 | +€2,120 | +4.2% |
| Other amounts receivable | 291 | €50,712 | €52,832 | +€2,120 | +4.2% |
| Amounts receivable within one year | 40/41 | €94,881 | €188,406 | +€93,525 | +98.6% |
| Trade receivables | 40 | €0 | €187,556 | +€187,556 | |
| Other amounts receivable | 41 | €94,881 | €850 | -€94,031 | -99.1% |
| Current investments | 50/53 | €299,929 | €655,687 | +€355,758 | +119% |
| Cash at bank and in hand | 54/58 | €43,128 | €13,643 | -€29,485 | -68.4% |
| Deferred charges and accrued income | 490/1 | €8,599 | €3,059 | -€5,540 | -64.4% |
| Total equity and liabilities | 10/49 | €1,003,302 | €1,415,096 | +€411,794 | +41.0% |
| Equity | 10/15 | €877,445 | €1,136,872 | +€259,427 | +29.6% |
| Contributions | 10/11 | €200,066 | €200,066 | = | 0.0% |
| Reserves | 13 | €677,379 | €936,806 | +€259,427 | +38.3% |
| Non-distributable reserves | 130/1 | €20,007 | €20,007 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,007 | €20,007 | = | 0.0% |
| Distributable reserves | 133 | €657,373 | €916,799 | +€259,427 | +39.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €125,857 | €278,224 | +€152,367 | +121% |
| Amounts payable within one year | 42/48 | €125,857 | €278,224 | +€152,367 | +121% |
| Trade debts | 44 | €17,612 | €2,762 | -€14,851 | -84.3% |
| Suppliers | 440/4 | €17,612 | €2,762 | -€14,851 | -84.3% |
| Taxes, remuneration and social security | 45 | €2,098 | €49,227 | +€47,129 | +2,247% |
| Taxes | 450/3 | €2,098 | €49,227 | +€47,129 | +2,247% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €106,147 | €226,235 | +€120,089 | +113% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €51,512 | €0 | -€51,512 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,715 | €49,238 | -€19,477 | -28.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,042 | €7,215 | +€2,173 | +43.1% |
| Gross operating margin | 9900 | €153,020 | €548,630 | +€395,610 | +259% |
| Operating profit (loss) | 9901 | €27,751 | €492,177 | +€464,426 | +1,674% |
| Financial income | 75/76B | €7,612 | €6,406 | -€1,206 | -15.8% |
| Recurring financial income | 75 | €7,612 | €6,406 | -€1,206 | -15.8% |
| Financial charges | 65/66B | €518 | €542 | +€24 | +4.7% |
| Recurring financial charges | 65 | €518 | €542 | +€24 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €34,845 | €498,040 | +€463,195 | +1,329% |
| Income taxes | 67/77 | €11,811 | €154,985 | +€143,174 | +1,212% |
| Profit (loss) for the period | 9904 | €23,035 | €343,055 | +€320,021 | +1,389% |
| Profit (loss) for the period to be appropriated | 9905 | €23,035 | €343,055 | +€320,021 | +1,389% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.