DELTANXT: what changed
DELTANXT
Largest movements
- Receivables after one year -€56,704
down €56,704 (-100%), from €56,704 to €0
- Receivables within one year -€20,782
down €20,782 (-36.2%), from €57,431 to €36,649
of which Trade receivables: -€23,985
- Cash +€14,193
up €14,193 (+1,367%), from €1,038 to €15,231
mainly Receivables after one year (+€56,704) and Receivables within one year (+€20,782)
- Stocks and contracts +€6,000
up €6,000 (+66.7%), from €9,000 to €15,000
- Tangible fixed assets -€1,402
down €1,402 (-16.6%), from €8,454 to €7,052
of which Land and buildings: -€1,076
- Reserves -€19,642
down €19,642 (-39.4%), from €49,898 to €30,257
of which Distributable reserves: -€19,642
- Debts after one year -€13,874
down €13,874 (-100%), from €13,874 to €0
- Short-term financial debts -€13,828
down €13,828 (-95.9%), from €14,425 to €596
- Profit (loss) carried forward -€9,518
new in 2025: -€9,518
- Tax, wage and social debts -€7,645
down €7,645 (-47.2%), from €16,209 to €8,564
of which Taxes: -€7,036
- Gross operating margin -€41,130
down €41,130 (-47.7%), from €86,304 to €45,174
- Taxes -€9,070
down €9,070 (-91.8%), from €9,882 to €812
- Staff costs -€4,348
down €4,348 (-9.0%), from €48,436 to €44,088
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 | €137,192 | €77,143 | -€60,049 | -43.8% |
| Fixed assets | 21/28 | €10,704 | €9,302 | -€1,402 | -13.1% |
| Tangible fixed assets | 22/27 | €8,454 | €7,052 | -€1,402 | -16.6% |
| Land and buildings | 22 | €8,068 | €6,992 | -€1,076 | -13.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €387 | €60 | -€327 | -84.5% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €126,488 | €67,841 | -€58,647 | -46.4% |
| Amounts receivable after more than one year | 29 | €56,704 | €0 | -€56,704 | -100% |
| Other amounts receivable | 291 | €56,704 | €0 | -€56,704 | -100% |
| Stocks and contracts in progress | 3 | €9,000 | €15,000 | +€6,000 | +66.7% |
| Stocks | 30/36 | €9,000 | €15,000 | +€6,000 | +66.7% |
| Amounts receivable within one year | 40/41 | €57,431 | €36,649 | -€20,782 | -36.2% |
| Trade receivables | 40 | €56,378 | €32,393 | -€23,985 | -42.5% |
| Other amounts receivable | 41 | €1,053 | €4,256 | +€3,203 | +304% |
| Cash at bank and in hand | 54/58 | €1,038 | €15,231 | +€14,193 | +1,367% |
| Deferred charges and accrued income | 490/1 | €2,314 | €961 | -€1,353 | -58.5% |
| Total equity and liabilities | 10/49 | €137,192 | €77,143 | -€60,049 | -43.8% |
| Equity | 10/15 | €87,083 | €57,923 | -€29,159 | -33.5% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €49,898 | €30,257 | -€19,642 | -39.4% |
| Tax-exempt reserves | 132 | €11,617 | €11,617 | = | 0.0% |
| Distributable reserves | 133 | €38,281 | €18,640 | -€19,642 | -51.3% |
| Profit (loss) carried forward | 14 | - | -€9,518 | -€9,518 | |
| Amounts payable | 17/49 | €50,110 | €19,220 | -€30,890 | -61.6% |
| Amounts payable after more than one year | 17 | €13,874 | €0 | -€13,874 | -100% |
| Other amounts payable | 178/9 | €13,874 | €0 | -€13,874 | -100% |
| Amounts payable within one year | 42/48 | €36,236 | €19,220 | -€17,016 | -47.0% |
| Financial debts | 43 | €14,425 | €596 | -€13,828 | -95.9% |
| Credit institutions | 430/8 | €14,425 | €596 | -€13,828 | -95.9% |
| Trade debts | 44 | €5,602 | €7,011 | +€1,409 | +25.1% |
| Suppliers | 440/4 | €5,602 | €7,011 | +€1,409 | +25.1% |
| Taxes, remuneration and social security | 45 | €16,209 | €8,564 | -€7,645 | -47.2% |
| Taxes | 450/3 | €9,482 | €2,446 | -€7,036 | -74.2% |
| Remuneration and social security | 454/9 | €6,727 | €6,118 | -€608 | -9.0% |
| Other amounts payable | 47/48 | - | €3,049 | +€3,049 | |
| Remuneration, social security and pensions | 62 | €48,436 | €44,088 | -€4,348 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,428 | €1,402 | -€26 | -1.8% |
| Other operating charges | 640/8 | €2,475 | €1,859 | -€616 | -24.9% |
| Non-recurring operating charges | 66A | - | €4,790 | +€4,790 | |
| Gross operating margin | 9900 | €86,304 | €45,174 | -€41,130 | -47.7% |
| Operating profit (loss) | 9901 | €33,965 | -€6,966 | -€40,931 | |
| Financial income | 75/76B | €0 | €23 | +€23 | |
| Recurring financial income | 75 | €0 | €23 | +€23 | |
| Financial charges | 65/66B | €5,443 | €6,082 | +€639 | +11.7% |
| Recurring financial charges | 65 | €5,443 | €6,082 | +€639 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €28,522 | -€13,025 | -€41,547 | |
| Income taxes | 67/77 | €9,882 | €812 | -€9,070 | -91.8% |
| Profit (loss) for the period | 9904 | €18,640 | -€13,837 | -€32,477 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,640 | -€13,837 | -€32,477 |
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 2 November 2026 via checked.be.