DELTARENT: 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.
What changed
DELTARENT
NACE 90.391, Promotion and organisation of arts and performing arts events
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€46,580
2024 · €118,287-€71,707
Equity
€1.2m
2024 · €1.1m+€46,580
Cash
€6,917
2024 · €51,237-€44,320
Balance sheet total
€6.7m
2024 · €5.6m+€1.1m
Largest movements
Assets
- Receivables within one year +€869,544
up €869,544 (+737.1%), from €117,970 to €987,514
of which Trade receivables: +€888,166
- Current investments +€510,000
new in 2025: €510,000
- Tangible fixed assets -€179,118
down €179,118 (-3.3%), from €5.4m to €5.2m
of which Plant, machinery and equipment: -€255,669
Equity and liabilities
- Other debts +€1.0m
up €1.0m (+703.2%), from €146,165 to €1.2m
- Reserves +€325,457
up €325,457 (+148.5%), from €219,121 to €544,579
of which Non-distributable reserves: +€510,000
- Profit (loss) carried forward -€278,877
down €278,877 (-62.8%), from €443,745 to €164,868
- Trade debts +€172,385
up €172,385 (+42.4%), from €406,201 to €578,586
- Current portion of long-term debt -€77,792
down €77,792 (-7.5%), from €1.0m to €955,835
Income statement
- Gross operating margin -€587,224
down €587,224 (-27.2%), from €2.2m to €1.6m
- Depreciation -€328,975
down €328,975 (-25.6%), from €1.3m to €958,485
- Staff costs -€94,092
down €94,092 (-21.0%), from €448,890 to €354,798
- Financial charges -€64,073
down €64,073 (-24.4%), from €262,204 to €198,131
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.
Result 2024
€118,287
Gross operating margin
-€587,224
Staff costs
+€94,092
Depreciation
+€328,975
Write-downs
-€5,393
Other operating charges
+€21,061
Other operating items
+€10,619
Financial income
+€1,306
Financial charges
+€64,073
Taxes
+€784
Result 2025
€46,580
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.
From operations
+€1.3m
Investment
-€1.3m
Financing
-€118,201
Cash 2024
€51,237
From operations (derived)
+€1.3m
Net result for the year
+€46,580
Depreciation
+€958,485
Receivables within one year
-€869,544
Deferred charges and accrued income
+€13,312
Trade debts
+€172,385
Tax, wage and social debts
-€3,489
Other debts
+€1.0m
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€761,720
Current investments
-€510,000
Financing
-€118,201
Debts after one year
-€4,683
Current portion of long-term debt
-€77,792
Short-term financial debts
-€35,725
Cash 2025
€6,917
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,596,346 | €6,721,493 | +€1.1m | +20.1% |
| Formation expenses | 20 | €29,839 | €12,192 | -€17,647 | -59.1% |
| Fixed assets | 21/28 | €5,377,937 | €5,198,820 | -€179,118 | -3.3% |
| Tangible fixed assets | 22/27 | €5,377,037 | €5,197,920 | -€179,118 | -3.3% |
| Land and buildings | 22 | €1,843,312 | €1,774,717 | -€68,595 | -3.7% |
| Plant, machinery and equipment | 23 | €1,863,613 | €1,607,944 | -€255,669 | -13.7% |
| Furniture and vehicles | 24 | €117,589 | €84,698 | -€32,891 | -28.0% |
| Leasing and similar rights | 25 | €1,552,525 | €1,730,562 | +€178,037 | +11.5% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €188,569 | €1,510,481 | +€1.3m | +701.0% |
| Amounts receivable within one year | 40/41 | €117,970 | €987,514 | +€869,544 | +737.1% |
| Trade receivables | 40 | €79,078 | €967,244 | +€888,166 | +1123.2% |
| Other amounts receivable | 41 | €38,892 | €20,270 | -€18,622 | -47.9% |
| Current investments | 50/53 | - | €510,000 | +€510,000 | |
| Cash at bank and in hand | 54/58 | €51,237 | €6,917 | -€44,320 | -86.5% |
| Deferred charges and accrued income | 490/1 | €19,362 | €6,050 | -€13,312 | -68.8% |
| Total equity and liabilities | 10/49 | €5,596,346 | €6,721,493 | +€1.1m | +20.1% |
| Equity | 10/15 | €1,143,866 | €1,190,447 | +€46,580 | +4.1% |
| Contributions | 10/11 | €328,000 | €328,000 | = | 0.0% |
| Capital | 10 | €328,000 | €328,000 | = | 0.0% |
| Issued capital | 100 | €328,000 | €328,000 | = | 0.0% |
| Revaluation surpluses | 12 | €153,000 | €153,000 | = | 0.0% |
| Reserves | 13 | €219,121 | €544,579 | +€325,457 | +148.5% |
| Non-distributable reserves | 130/1 | €32,800 | €542,800 | +€510,000 | +1554.9% |
| Legal reserve | 130 | €32,800 | €32,800 | = | 0.0% |
| Own shares acquired | 1312 | - | €510,000 | +€510,000 | |
| Tax-exempt reserves | 132 | €117 | €117 | = | 0.0% |
| Distributable reserves | 133 | €186,204 | €1,662 | -€184,543 | -99.1% |
| Profit (loss) carried forward | 14 | €443,745 | €164,868 | -€278,877 | -62.8% |
| Amounts payable | 17/49 | €4,452,480 | €5,531,046 | +€1.1m | +24.2% |
| Amounts payable after more than one year | 17 | €2,246,524 | €2,241,841 | -€4,683 | -0.2% |
| Financial debts | 170/4 | €2,246,524 | €2,241,841 | -€4,683 | -0.2% |
| Amounts payable within one year | 42/48 | €2,205,955 | €3,289,205 | +€1.1m | +49.1% |
| Current portion of amounts payable after more than one year | 42 | €1,033,627 | €955,835 | -€77,792 | -7.5% |
| Financial debts | 43 | €545,725 | €510,000 | -€35,725 | -6.5% |
| Credit institutions | 430/8 | €545,725 | €510,000 | -€35,725 | -6.5% |
| Trade debts | 44 | €406,201 | €578,586 | +€172,385 | +42.4% |
| Suppliers | 440/4 | €406,201 | €578,586 | +€172,385 | +42.4% |
| Taxes, remuneration and social security | 45 | €74,238 | €70,749 | -€3,489 | -4.7% |
| Taxes | 450/3 | €7,896 | €8,429 | +€533 | +6.8% |
| Remuneration and social security | 454/9 | €66,342 | €62,320 | -€4,022 | -6.1% |
| Other amounts payable | 47/48 | €146,165 | €1,174,036 | +€1.0m | +703.2% |
| Non-recurring operating income | 76A | €56,247 | - | -€56,247 | |
| Remuneration, social security and pensions | 62 | €448,890 | €354,798 | -€94,092 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,287,459 | €958,485 | -€328,975 | -25.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,393 | - | +€5,393 | |
| Other operating charges | 640/8 | €36,745 | €15,683 | -€21,061 | -57.3% |
| Non-recurring operating charges | 66A | €13,889 | €3,270 | -€10,619 | -76.5% |
| Gross operating margin | 9900 | €2,162,783 | €1,575,559 | -€587,224 | -27.2% |
| Operating profit (loss) | 9901 | €381,193 | €243,323 | -€137,870 | -36.2% |
| Financial income | 75/76B | €622 | €1,928 | +€1,306 | +209.8% |
| Recurring financial income | 75 | €622 | €1,928 | +€1,306 | +209.8% |
| Financial charges | 65/66B | €262,204 | €198,131 | -€64,073 | -24.4% |
| Recurring financial charges | 65 | €262,204 | €198,131 | -€64,073 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €119,612 | €47,121 | -€72,491 | -60.6% |
| Income taxes | 67/77 | €1,324 | €540 | -€784 | -59.2% |
| Profit (loss) for the period | 9904 | €118,287 | €46,580 | -€71,707 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €118,287 | €46,580 | -€71,707 | -60.6% |
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 30 September 2026 via checked.be.