Deltale: 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.
Deltale
Largest movements
- Cash -€29,533
down €29,533 (-71.1%), from €41,548 to €12,014
mainly Contributions, distributions and other (-€85,762) and Other debts (-€60,489)
- Deferred charges and accrued income -€20,511
no longer reported in 2025 (was €20,511)
- Receivables within one year -€8,833
down €8,833 (-46.8%), from €18,874 to €10,041
of which Trade receivables: -€8,833
- Other debts -€60,489
down €60,489 (-79.3%), from €76,271 to €15,782
- Gross operating margin +€9,923
up €9,923 (+9.7%), from €102,033 to €111,955
- Taxes +€2,981
up €2,981 (+15.7%), from €18,980 to €21,961
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 | €86,098 | €27,040 | -€59,058 | -68.6% |
| Fixed assets | 21/28 | €5,165 | €4,984 | -€181 | -3.5% |
| Tangible fixed assets | 22/27 | €4,665 | €3,844 | -€821 | -17.6% |
| Plant, machinery and equipment | 23 | €4,665 | €3,844 | -€821 | -17.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €500 | €1,140 | +€640 | +128.0% |
| Current assets | 29/58 | €80,932 | €22,055 | -€58,877 | -72.7% |
| Amounts receivable within one year | 40/41 | €18,874 | €10,041 | -€8,833 | -46.8% |
| Trade receivables | 40 | €17,853 | €9,021 | -€8,833 | -49.5% |
| Other amounts receivable | 41 | €1,020 | €1,020 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,548 | €12,014 | -€29,533 | -71.1% |
| Deferred charges and accrued income | 490/1 | €20,511 | - | -€20,511 | |
| Total equity and liabilities | 10/49 | €86,098 | €27,040 | -€59,058 | -68.6% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €85,098 | €26,040 | -€59,058 | -69.4% |
| Amounts payable within one year | 42/48 | €85,098 | €26,040 | -€59,058 | -69.4% |
| Trade debts | 44 | €109 | €957 | +€849 | +781.4% |
| Suppliers | 440/4 | €109 | €957 | +€849 | +781.4% |
| Taxes, remuneration and social security | 45 | €8,718 | €9,300 | +€582 | +6.7% |
| Taxes | 450/3 | €8,718 | €9,300 | +€582 | +6.7% |
| Other amounts payable | 47/48 | €76,271 | €15,782 | -€60,489 | -79.3% |
| Non-recurring operating income | 76A | €134 | - | -€134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,681 | €3,607 | -€74 | -2.0% |
| Other operating charges | 640/8 | €551 | €520 | -€31 | -5.7% |
| Non-recurring operating charges | 66A | €3,520 | - | -€3,520 | |
| Gross operating margin | 9900 | €102,033 | €111,955 | +€9,923 | +9.7% |
| Operating profit (loss) | 9901 | €94,280 | €107,828 | +€13,549 | +14.4% |
| Financial charges | 65/66B | €103 | €106 | +€3 | +3.3% |
| Recurring financial charges | 65 | €103 | €106 | +€3 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €94,177 | €107,722 | +€13,545 | +14.4% |
| Income taxes | 67/77 | €18,980 | €21,961 | +€2,981 | +15.7% |
| Profit (loss) for the period | 9904 | €75,197 | €85,762 | +€10,564 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,197 | €85,762 | +€10,564 | +14.0% |
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.