DELTIN: 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.
DELTIN
Largest movements
- Cash +€53,303
up €53,303 (+52.8%), from €101,039 to €154,343
mainly Net result for the year (+€45,964) and Depreciation (+€18,850)
- Tangible fixed assets -€18,117
down €18,117 (-27.0%), from €67,057 to €48,940
- Receivables within one year -€13,964
no longer reported in 2025 (was €13,964)
- Stocks and contracts -€4,650
down €4,650 (-4.9%), from €94,244 to €89,595
- Reserves +€15,964
up €15,964 (+8.8%), from €181,143 to €197,107
of which Distributable reserves: +€15,964
- Other debts +€10,000
up €10,000 (+50.0%), from €20,000 to €30,000
- Current portion of long-term debt -€5,647
down €5,647 (-44.0%), from €12,827 to €7,181
- Debts after one year -€5,034
no longer reported in 2025 (was €5,034)
- Gross operating margin +€11,745
up €11,745 (+17.9%), from €65,676 to €77,421
- Taxes +€2,992
up €2,992 (+33.3%), from €8,979 to €11,970
- Staff costs -€2,309
down €2,309 (-93.7%), from €2,465 to €156
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 | €276,305 | €292,877 | +€16,573 | +6.0% |
| Fixed assets | 21/28 | €67,057 | €48,940 | -€18,117 | -27.0% |
| Tangible fixed assets | 22/27 | €67,057 | €48,940 | -€18,117 | -27.0% |
| Land and buildings | 22 | €27,452 | €21,675 | -€5,777 | -21.0% |
| Plant, machinery and equipment | 23 | €30,945 | €24,238 | -€6,707 | -21.7% |
| Furniture and vehicles | 24 | €8,660 | €3,027 | -€5,633 | -65.0% |
| Current assets | 29/58 | €209,248 | €243,937 | +€34,690 | +16.6% |
| Stocks and contracts in progress | 3 | €94,244 | €89,595 | -€4,650 | -4.9% |
| Stocks | 30/36 | €94,244 | €89,595 | -€4,650 | -4.9% |
| Amounts receivable within one year | 40/41 | €13,964 | - | -€13,964 | |
| Trade receivables | 40 | €13,964 | - | -€13,964 | |
| Cash at bank and in hand | 54/58 | €101,039 | €154,343 | +€53,303 | +52.8% |
| Total equity and liabilities | 10/49 | €276,305 | €292,877 | +€16,573 | +6.0% |
| Equity | 10/15 | €201,603 | €217,567 | +€15,964 | +7.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €181,143 | €197,107 | +€15,964 | +8.8% |
| Tax-exempt reserves | 132 | €30,700 | €30,700 | = | 0.0% |
| Distributable reserves | 133 | €150,443 | €166,407 | +€15,964 | +10.6% |
| Amounts payable | 17/49 | €74,702 | €75,310 | +€609 | +0.8% |
| Amounts payable after more than one year | 17 | €5,034 | - | -€5,034 | |
| Financial debts | 170/4 | €5,034 | - | -€5,034 | |
| Amounts payable within one year | 42/48 | €69,667 | €75,310 | +€5,643 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €12,827 | €7,181 | -€5,647 | -44.0% |
| Trade debts | 44 | €15,811 | €18,415 | +€2,605 | +16.5% |
| Suppliers | 440/4 | €15,811 | €18,415 | +€2,605 | +16.5% |
| Taxes, remuneration and social security | 45 | €21,029 | €19,715 | -€1,315 | -6.3% |
| Taxes | 450/3 | €21,029 | €19,715 | -€1,315 | -6.3% |
| Other amounts payable | 47/48 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Remuneration, social security and pensions | 62 | €2,465 | €156 | -€2,309 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,517 | €18,850 | +€333 | +1.8% |
| Other operating charges | 640/8 | €624 | €638 | +€14 | +2.2% |
| Gross operating margin | 9900 | €65,676 | €77,421 | +€11,745 | +17.9% |
| Operating profit (loss) | 9901 | €44,070 | €57,777 | +€13,707 | +31.1% |
| Financial income | 75/76B | - | €450 | +€450 | |
| Recurring financial income | 75 | - | €450 | +€450 | |
| Financial charges | 65/66B | €571 | €293 | -€278 | -48.7% |
| Recurring financial charges | 65 | €571 | €293 | -€278 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €43,499 | €57,934 | +€14,435 | +33.2% |
| Income taxes | 67/77 | €8,979 | €11,970 | +€2,992 | +33.3% |
| Profit (loss) for the period | 9904 | €34,520 | €45,964 | +€11,444 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,520 | €45,964 | +€11,444 | +33.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.