DELTAWISE: 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.
What changed
DELTAWISE
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€195,367
2024 · €344,028-€148,661
Equity
€3.3m
2024 · €2.1m+€1.2m
Cash
€315,264
2024 · €205,859+€109,405
Balance sheet total
€5.6m
2024 · €4.6m+€1.1m
Largest movements
Assets
- Financial fixed assets +€1.1m
up €1.1m (+32.8%), from €3.2m to €4.3m
- Cash +€109,405
up €109,405 (+53.1%), from €205,859 to €315,264
mainly Contributions, distributions and other (+€1.1m) and Net result for the year (+€195,367)
Equity and liabilities
- Reserves +€1.2m
up €1.2m (+65.4%), from €1.9m to €3.1m
of which Distributable reserves: +€1.2m
- Debts after one year -€190,530
down €190,530 (-10.8%), from €1.8m to €1.6m
Income statement
- Gross operating margin -€146,370
down €146,370 (-38.7%), from €378,219 to €231,849
- Taxes -€60,206
down €60,206 (-53.9%), from €111,765 to €51,560
- Financial income -€59,812
down €59,812 (-34.4%), from €173,923 to €114,112
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
€344,028
Gross operating margin
-€146,370
Depreciation
-€1,178
Other operating charges
-€33
Financial income
-€59,812
Financial charges
-€1,474
Taxes
+€60,206
Result 2025
€195,367
raises the resultlowers the result
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.
From operations
+€309,754
Investment
-€1.1m
Financing
+€856,156
Cash 2024
€205,859
From operations (derived)
+€309,754
Net result for the year
+€195,367
Depreciation
+€18,225
Receivables within one year
+€50,470
Deferred charges and accrued income
+€17,597
Trade debts
+€3,121
Tax, wage and social debts
-€6,678
Other debts
+€3,874
Accrued charges and deferred income
+€27,778
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
+€856,156
Debts after one year
-€190,530
Current portion of long-term debt
-€14,432
Short-term financial debts
+€8,987
Contributions, distributions and other
+€1.1m
Cash 2025
€315,264
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,553,943 | €5,633,561 | +€1.1m | +23.7% |
| Fixed assets | 21/28 | €3,279,552 | €4,317,832 | +€1.0m | +31.7% |
| Tangible fixed assets | 22/27 | €70,798 | €56,946 | -€13,851 | -19.6% |
| Plant, machinery and equipment | 23 | €1,136 | €1,835 | +€699 | +61.5% |
| Furniture and vehicles | 24 | €63,370 | €49,028 | -€14,342 | -22.6% |
| Other tangible fixed assets | 26 | €6,292 | €6,083 | -€208 | -3.3% |
| Financial fixed assets | 28 | €3,208,755 | €4,260,886 | +€1.1m | +32.8% |
| Current assets | 29/58 | €1,274,390 | €1,315,729 | +€41,339 | +3.2% |
| Amounts receivable after more than one year | 29 | €690,000 | €690,000 | = | 0.0% |
| Other amounts receivable | 291 | €690,000 | €690,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €346,604 | €296,134 | -€50,470 | -14.6% |
| Trade receivables | 40 | €131,198 | €34,700 | -€96,497 | -73.6% |
| Other amounts receivable | 41 | €215,406 | €261,434 | +€46,028 | +21.4% |
| Cash at bank and in hand | 54/58 | €205,859 | €315,264 | +€109,405 | +53.1% |
| Deferred charges and accrued income | 490/1 | €31,928 | €14,331 | -€17,597 | -55.1% |
| Total equity and liabilities | 10/49 | €4,553,943 | €5,633,561 | +€1.1m | +23.7% |
| Equity | 10/15 | €2,089,144 | €3,336,643 | +€1.2m | +59.7% |
| Contributions | 10/11 | €200,000 | €211,078 | +€11,078 | +5.5% |
| Reserves | 13 | €1,889,144 | €3,125,565 | +€1.2m | +65.4% |
| Non-distributable reserves | 130/1 | €11,078 | - | -€11,078 | |
| Other | 1319 | €11,078 | - | -€11,078 | |
| Tax-exempt reserves | 132 | €13,772 | €93,762 | +€79,990 | +581% |
| Distributable reserves | 133 | €1,864,294 | €3,031,802 | +€1.2m | +62.6% |
| Amounts payable | 17/49 | €2,464,798 | €2,296,918 | -€167,880 | -6.8% |
| Amounts payable after more than one year | 17 | €1,764,895 | €1,574,365 | -€190,530 | -10.8% |
| Financial debts | 170/4 | €1,764,895 | €1,574,365 | -€190,530 | -10.8% |
| Amounts payable within one year | 42/48 | €699,903 | €694,775 | -€5,128 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €204,962 | €190,530 | -€14,432 | -7.0% |
| Financial debts | 43 | €803 | €9,790 | +€8,987 | +1,119% |
| Credit institutions | 430/8 | €803 | €9,790 | +€8,987 | +1,119% |
| Trade debts | 44 | €15,604 | €18,724 | +€3,121 | +20.0% |
| Suppliers | 440/4 | €15,604 | €18,724 | +€3,121 | +20.0% |
| Taxes, remuneration and social security | 45 | €88,123 | €81,445 | -€6,678 | -7.6% |
| Taxes | 450/3 | €87,926 | €81,445 | -€6,481 | -7.4% |
| Remuneration and social security | 454/9 | €197 | - | -€197 | |
| Other amounts payable | 47/48 | €390,410 | €394,285 | +€3,874 | +1.0% |
| Accrued charges and deferred income | 492/3 | - | €27,778 | +€27,778 | |
| Non-recurring operating income | 76A | €24,000 | - | -€24,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,048 | €18,225 | +€1,178 | +6.9% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €378,219 | €231,849 | -€146,370 | -38.7% |
| Operating profit (loss) | 9901 | €360,086 | €212,505 | -€147,581 | -41.0% |
| Financial income | 75/76B | €173,923 | €114,112 | -€59,812 | -34.4% |
| Recurring financial income | 75 | €173,923 | €114,112 | -€59,812 | -34.4% |
| Financial charges | 65/66B | €78,216 | €79,690 | +€1,474 | +1.9% |
| Recurring financial charges | 65 | €78,216 | €79,690 | +€1,474 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €455,793 | €246,927 | -€208,866 | -45.8% |
| Income taxes | 67/77 | €111,765 | €51,560 | -€60,206 | -53.9% |
| Profit (loss) for the period | 9904 | €344,028 | €195,367 | -€148,661 | -43.2% |
| Transfer to tax-exempt reserves | 689 | - | €79,990 | +€79,990 | |
| Profit (loss) for the period to be appropriated | 9905 | €344,028 | €115,377 | -€228,651 | -66.5% |
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 18 October 2026 via checked.be.