DELTANEXX: 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.
DELTANEXX
Largest movements
- Cash +€277,075
up €277,075 (+654%), from €42,379 to €319,453
mainly Accrued charges and deferred income (+€203,624) and Net result for the year (+€179,099)
- Receivables within one year +€98,775
up €98,775 (+53.4%), from €185,130 to €283,906
of which Trade receivables: +€143,990
- Deferred charges and accrued income +€41,075
up €41,075 (+130%), from €31,609 to €72,685
- Accrued charges and deferred income +€203,624
up €203,624 (+598%), from €34,057 to €237,681
- Reserves +€179,099
up €179,099 (+4,626%), from €3,872 to €182,971
- Tax, wage and social debts +€56,295
up €56,295 (+116%), from €48,582 to €104,877
of which Taxes: +€40,909
- Short-term financial debts -€20,436
down €20,436 (-40.9%), from €50,000 to €29,564
- Gross operating margin +€316,512
up €316,512 (+255%), from €124,297 to €440,810
- Staff costs +€73,465
up €73,465 (+65.0%), from €113,080 to €186,545
- Taxes +€59,678
up €59,678 (+2,104%), from €2,836 to €62,514
- Depreciation +€4,709
up €4,709 (+293%), from €1,610 to €6,319
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 | €272,257 | €690,591 | +€418,334 | +154% |
| Fixed assets | 21/28 | €13,139 | €14,547 | +€1,409 | +10.7% |
| Intangible fixed assets | 21 | €10,473 | €6,982 | -€3,491 | -33.3% |
| Tangible fixed assets | 22/27 | €2,666 | €7,565 | +€4,900 | +184% |
| Plant, machinery and equipment | 23 | €530 | €322 | -€208 | -39.2% |
| Furniture and vehicles | 24 | €2,136 | €7,243 | +€5,108 | +239% |
| Current assets | 29/58 | €259,118 | €676,044 | +€416,926 | +161% |
| Amounts receivable within one year | 40/41 | €185,130 | €283,906 | +€98,775 | +53.4% |
| Trade receivables | 40 | €127,636 | €271,627 | +€143,990 | +113% |
| Other amounts receivable | 41 | €57,494 | €12,279 | -€45,215 | -78.6% |
| Cash at bank and in hand | 54/58 | €42,379 | €319,453 | +€277,075 | +654% |
| Deferred charges and accrued income | 490/1 | €31,609 | €72,685 | +€41,075 | +130% |
| Total equity and liabilities | 10/49 | €272,257 | €690,591 | +€418,334 | +154% |
| Equity | 10/15 | €12,574 | €191,673 | +€179,099 | +1,424% |
| Contributions | 10/11 | €8,703 | €8,703 | = | 0.0% |
| Reserves | 13 | €3,872 | €182,971 | +€179,099 | +4,626% |
| Distributable reserves | 133 | €3,872 | €182,971 | +€179,099 | +4,626% |
| Amounts payable | 17/49 | €259,682 | €498,918 | +€239,235 | +92.1% |
| Amounts payable within one year | 42/48 | €225,625 | €261,236 | +€35,611 | +15.8% |
| Financial debts | 43 | €50,000 | €29,564 | -€20,436 | -40.9% |
| Credit institutions | 430/8 | €50,000 | €29,564 | -€20,436 | -40.9% |
| Trade debts | 44 | €55,044 | €58,796 | +€3,752 | +6.8% |
| Suppliers | 440/4 | €55,044 | €58,796 | +€3,752 | +6.8% |
| Taxes, remuneration and social security | 45 | €48,582 | €104,877 | +€56,295 | +116% |
| Taxes | 450/3 | €20,803 | €61,713 | +€40,909 | +197% |
| Remuneration and social security | 454/9 | €27,778 | €43,164 | +€15,386 | +55.4% |
| Other amounts payable | 47/48 | €72,000 | €68,000 | -€4,000 | -5.6% |
| Accrued charges and deferred income | 492/3 | €34,057 | €237,681 | +€203,624 | +598% |
| Remuneration, social security and pensions | 62 | €113,080 | €186,545 | +€73,465 | +65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,610 | €6,319 | +€4,709 | +293% |
| Other operating charges | 640/8 | €605 | €792 | +€186 | +30.8% |
| Gross operating margin | 9900 | €124,297 | €440,810 | +€316,512 | +255% |
| Operating profit (loss) | 9901 | €9,002 | €247,154 | +€238,152 | +2,646% |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €3,212 | €5,581 | +€2,370 | +73.8% |
| Recurring financial charges | 65 | €3,212 | €5,581 | +€2,370 | +73.8% |
| Profit (loss) for the period before taxes | 9903 | €5,790 | €241,613 | +€235,823 | +4,073% |
| Income taxes | 67/77 | €2,836 | €62,514 | +€59,678 | +2,104% |
| Profit (loss) for the period | 9904 | €2,954 | €179,099 | +€176,145 | +5,963% |
| Profit (loss) for the period to be appropriated | 9905 | €2,954 | €179,099 | +€176,145 | +5,963% |
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 19 October 2026 via checked.be.