DELTOM: 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.
DELTOM
Largest movements
- Cash +€29,990
up €29,990 (+61.1%), from €49,047 to €79,037
mainly Net result for the year (+€21,256) and Receivables within one year (+€8,432)
- Receivables within one year -€8,432
down €8,432 (-99.5%), from €8,470 to €38
of which Trade receivables: -€8,470
- Reserves +€21,256
up €21,256 (+48.8%), from €43,575 to €64,832
- Other debts +€1,782
up €1,782 (+432%), from €413 to €2,195
- Tax, wage and social debts -€902
down €902 (-11.9%), from €7,582 to €6,681
- Gross operating margin -€10,836
down €10,836 (-26.8%), from €40,473 to €29,637
- Financial charges -€1,575
down €1,575 (-90.1%), from €1,748 to €173
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,051 | €84,609 | +€21,558 | +34.2% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €63,051 | €84,609 | +€21,558 | +34.2% |
| Amounts receivable within one year | 40/41 | €8,470 | €38 | -€8,432 | -99.5% |
| Trade receivables | 40 | €8,470 | €0 | -€8,470 | -100% |
| Other amounts receivable | 41 | €0 | €38 | +€38 | |
| Current investments | 50/53 | €5,534 | €5,534 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,047 | €79,037 | +€29,990 | +61.1% |
| Total equity and liabilities | 10/49 | €63,051 | €84,609 | +€21,558 | +34.2% |
| Equity | 10/15 | €53,575 | €74,832 | +€21,256 | +39.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €43,575 | €64,832 | +€21,256 | +48.8% |
| Distributable reserves | 133 | €43,575 | €64,832 | +€21,256 | +48.8% |
| Amounts payable | 17/49 | €9,476 | €9,778 | +€302 | +3.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €9,476 | €9,778 | +€302 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,481 | €902 | -€579 | -39.1% |
| Suppliers | 440/4 | €1,481 | €902 | -€579 | -39.1% |
| Taxes, remuneration and social security | 45 | €7,582 | €6,681 | -€902 | -11.9% |
| Taxes | 450/3 | €7,582 | €6,681 | -€902 | -11.9% |
| Other amounts payable | 47/48 | €413 | €2,195 | +€1,782 | +432% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €914 | €843 | -€71 | -7.8% |
| Non-recurring operating charges | 66A | €4,082 | €0 | -€4,082 | -100% |
| Gross operating margin | 9900 | €40,473 | €29,637 | -€10,836 | -26.8% |
| Operating profit (loss) | 9901 | €35,478 | €28,794 | -€6,684 | -18.8% |
| Financial income | 75/76B | €42 | €45 | +€3 | +6.7% |
| Recurring financial income | 75 | €42 | €45 | +€3 | +6.7% |
| Financial charges | 65/66B | €1,748 | €173 | -€1,575 | -90.1% |
| Recurring financial charges | 65 | €1,748 | €173 | -€1,575 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €33,772 | €28,666 | -€5,106 | -15.1% |
| Income taxes | 67/77 | €7,404 | €7,409 | +€6 | +0.1% |
| Profit (loss) for the period | 9904 | €26,369 | €21,256 | -€5,112 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,369 | €21,256 | -€5,112 | -19.4% |
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 29 October 2026 via checked.be.