DELTECH BELGIUM STS: what changed
DELTECH BELGIUM STS
Largest movements
- Receivables within one year -€46,107
down €46,107 (-46.0%), from €100,263 to €54,157
of which Trade receivables: -€51,221
- Cash +€9,139
up €9,139 (+15.4%), from €59,370 to €68,509
mainly Receivables within one year (+€46,107) and Net result for the year (+€35,818)
- Trade debts -€22,033
down €22,033 (-58.6%), from €37,581 to €15,548
- Other debts -€20,024
down €20,024 (-40.0%), from €50,024 to €30,000
- Reserves +€5,818
up €5,818 (+12.8%), from €45,395 to €51,212
of which Distributable reserves: +€5,818
- Gross operating margin -€6,556
down €6,556 (-12.0%), from €54,856 to €48,300
- Write-downs +€3,070
up €3,070 (+82.7%), from -€3,710 to -€640
- Taxes -€2,526
down €2,526 (-17.5%), from €14,465 to €11,939
- Other operating charges +€774
up €774, from €0 to €774
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 | €161,977 | €124,484 | -€37,494 | -23.1% |
| Fixed assets | 21/28 | €705 | €705 | = | 0.0% |
| Financial fixed assets | 28 | €705 | €705 | = | 0.0% |
| Current assets | 29/58 | €161,272 | €123,779 | -€37,494 | -23.2% |
| Amounts receivable within one year | 40/41 | €100,263 | €54,157 | -€46,107 | -46.0% |
| Trade receivables | 40 | €94,674 | €43,452 | -€51,221 | -54.1% |
| Other amounts receivable | 41 | €5,589 | €10,704 | +€5,115 | +91.5% |
| Cash at bank and in hand | 54/58 | €59,370 | €68,509 | +€9,139 | +15.4% |
| Deferred charges and accrued income | 490/1 | €1,640 | €1,113 | -€526 | -32.1% |
| Total equity and liabilities | 10/49 | €161,977 | €124,484 | -€37,494 | -23.1% |
| Equity | 10/15 | €65,395 | €71,212 | +€5,818 | +8.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €45,395 | €51,212 | +€5,818 | +12.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €43,395 | €49,212 | +€5,818 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €96,583 | €53,271 | -€43,312 | -44.8% |
| Amounts payable within one year | 42/48 | €96,583 | €53,271 | -€43,312 | -44.8% |
| Trade debts | 44 | €37,581 | €15,548 | -€22,033 | -58.6% |
| Suppliers | 440/4 | €37,581 | €15,548 | -€22,033 | -58.6% |
| Taxes, remuneration and social security | 45 | €8,978 | €7,723 | -€1,255 | -14.0% |
| Taxes | 450/3 | €8,978 | €7,723 | -€1,255 | -14.0% |
| Other amounts payable | 47/48 | €50,024 | €30,000 | -€20,024 | -40.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,710 | -€640 | +€3,070 | +82.7% |
| Other operating charges | 640/8 | €0 | €774 | +€774 | |
| Gross operating margin | 9900 | €54,856 | €48,300 | -€6,556 | -12.0% |
| Operating profit (loss) | 9901 | €58,565 | €48,165 | -€10,400 | -17.8% |
| Financial income | 75/76B | €0 | €139 | +€139 | +695,300% |
| Recurring financial income | 75 | €0 | €139 | +€139 | +695,300% |
| Financial charges | 65/66B | €706 | €547 | -€159 | -22.5% |
| Recurring financial charges | 65 | €393 | €547 | +€154 | +39.1% |
| Non-recurring financial charges | 66B | €312 | €0 | -€312 | -100% |
| Profit (loss) for the period before taxes | 9903 | €57,859 | €47,757 | -€10,102 | -17.5% |
| Income taxes | 67/77 | €14,465 | €11,939 | -€2,526 | -17.5% |
| Profit (loss) for the period | 9904 | €43,395 | €35,818 | -€7,577 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,395 | €35,818 | -€7,577 | -17.5% |
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.