DELTASEARCH: 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.
DELTASEARCH
Largest movements
- Receivables within one year -€130,425
down €130,425 (-87.7%), from €148,800 to €18,375
of which Trade receivables: -€130,613
- Deferred charges and accrued income -€4,270
down €4,270 (-77.7%), from €5,496 to €1,226
- Cash -€3,839
down €3,839 (-92.9%), from €4,131 to €292
mainly Trade debts (-€73,747) and Net result for the year (-€58,797)
- Trade debts -€73,747
down €73,747 (-70.2%), from €105,122 to €31,375
- Profit (loss) carried forward -€58,797
down €58,797 (-41.6%), from -€141,218 to -€200,016
- Tax, wage and social debts -€12,391
down €12,391 (-99.5%), from €12,447 to €57
of which Taxes: -€12,391
- Other debts +€6,500
up €6,500 (+5.7%), from €113,777 to €120,277
- Gross operating margin -€71,937
down €71,937, from €64,976 to -€6,962
- Staff costs -€51,157
down €51,157 (-55.3%), from €92,554 to €41,397
- Taxes +€4,232
up €4,232 (+832.6%), from €508 to €4,741
- Financial charges -€3,418
down €3,418 (-58.7%), from €5,823 to €2,406
- Depreciation -€1,322
down €1,322 (-90.3%), from €1,464 to €142
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 | €158,568 | €19,892 | -€138,676 | -87.5% |
| Fixed assets | 21/28 | €142 | €0 | -€142 | -100.0% |
| Tangible fixed assets | 22/27 | €142 | €0 | -€142 | -100.0% |
| Furniture and vehicles | 24 | €142 | €0 | -€142 | -100.0% |
| Current assets | 29/58 | €158,427 | €19,892 | -€138,534 | -87.4% |
| Amounts receivable within one year | 40/41 | €148,800 | €18,375 | -€130,425 | -87.7% |
| Trade receivables | 40 | €148,800 | €18,187 | -€130,613 | -87.8% |
| Other amounts receivable | 41 | - | €188 | +€188 | |
| Cash at bank and in hand | 54/58 | €4,131 | €292 | -€3,839 | -92.9% |
| Deferred charges and accrued income | 490/1 | €5,496 | €1,226 | -€4,270 | -77.7% |
| Total equity and liabilities | 10/49 | €158,568 | €19,892 | -€138,676 | -87.5% |
| Equity | 10/15 | -€73,018 | -€131,816 | -€58,797 | -80.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,218 | -€200,016 | -€58,797 | -41.6% |
| Amounts payable | 17/49 | €231,587 | €151,708 | -€79,878 | -34.5% |
| Amounts payable within one year | 42/48 | €231,587 | €151,708 | -€79,878 | -34.5% |
| Financial debts | 43 | €241 | €0 | -€241 | -100.0% |
| Credit institutions | 430/8 | €241 | €0 | -€241 | -100.0% |
| Trade debts | 44 | €105,122 | €31,375 | -€73,747 | -70.2% |
| Suppliers | 440/4 | €105,122 | €31,375 | -€73,747 | -70.2% |
| Taxes, remuneration and social security | 45 | €12,447 | €57 | -€12,391 | -99.5% |
| Taxes | 450/3 | €12,447 | €57 | -€12,391 | -99.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €113,777 | €120,277 | +€6,500 | +5.7% |
| Remuneration, social security and pensions | 62 | €92,554 | €41,397 | -€51,157 | -55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,464 | €142 | -€1,322 | -90.3% |
| Other operating charges | 640/8 | €2,501 | €3,151 | +€650 | +26.0% |
| Gross operating margin | 9900 | €64,976 | -€6,962 | -€71,937 | |
| Operating profit (loss) | 9901 | -€31,543 | -€51,652 | -€20,109 | -63.8% |
| Financial income | 75/76B | €0 | €1 | +€0 | +4900.0% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +4900.0% |
| Financial charges | 65/66B | €5,823 | €2,406 | -€3,418 | -58.7% |
| Recurring financial charges | 65 | €5,823 | €2,406 | -€3,418 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | -€37,366 | -€54,057 | -€16,690 | -44.7% |
| Income taxes | 67/77 | €508 | €4,741 | +€4,232 | +832.6% |
| Profit (loss) for the period | 9904 | -€37,875 | -€58,797 | -€20,923 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,875 | -€58,797 | -€20,923 | -55.2% |
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 4 October 2026 via checked.be.