Deltour: 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.
Deltour
Largest movements
- Tangible fixed assets +€4,764
up €4,764, from €0 to €4,764
- Receivables within one year -€2,940
down €2,940 (-6.0%), from €49,271 to €46,331
of which Other amounts receivable: -€4,497
- Cash -€793
down €793 (-24.0%), from €3,312 to €2,519
mainly Investment in fixed assets (net) (-€5,090) and Tax, wage and social debts (-€1,662)
- Tax, wage and social debts -€1,662
down €1,662 (-100.0%), from €1,662 to €0
of which Remuneration and social security: -€1,000
- Short-term financial debts +€1,370
up €1,370 (+6.7%), from €20,523 to €21,894
- Trade debts -€1,356
down €1,356 (-62.0%), from €2,186 to €830
- Reserves +€1,158
up €1,158 (+62.3%), from €1,860 to €3,018
- Other debts +€740
up €740 (+2.0%), from €36,741 to €37,481
- Gross operating margin +€12,859
up €12,859 (+498.2%), from €2,581 to €15,440
- Financial charges +€12,412
up €12,412 (+4461.6%), from €278 to €12,690
- Other operating charges -€329
down €329 (-23.7%), from €1,389 to €1,060
- Depreciation +€307
up €307 (+1665.4%), from €18 to €325
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 | €70,855 | €71,105 | +€250 | +0.4% |
| Fixed assets | 21/28 | €0 | €4,764 | +€4,764 | |
| Tangible fixed assets | 22/27 | €0 | €4,764 | +€4,764 | |
| Furniture and vehicles | 24 | €0 | €4,764 | +€4,764 | |
| Current assets | 29/58 | €70,855 | €66,341 | -€4,514 | -6.4% |
| Stocks and contracts in progress | 3 | €17,728 | €17,328 | -€400 | -2.3% |
| Stocks | 30/36 | €17,728 | €17,328 | -€400 | -2.3% |
| Amounts receivable within one year | 40/41 | €49,271 | €46,331 | -€2,940 | -6.0% |
| Trade receivables | 40 | €35,043 | €36,601 | +€1,558 | +4.4% |
| Other amounts receivable | 41 | €14,228 | €9,730 | -€4,497 | -31.6% |
| Cash at bank and in hand | 54/58 | €3,312 | €2,519 | -€793 | -24.0% |
| Deferred charges and accrued income | 490/1 | €544 | €163 | -€381 | -70.1% |
| Total equity and liabilities | 10/49 | €70,855 | €71,105 | +€250 | +0.4% |
| Equity | 10/15 | €9,743 | €10,901 | +€1,158 | +11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €3,018 | +€1,158 | +62.3% |
| Distributable reserves | 133 | €1,860 | €3,018 | +€1,158 | +62.3% |
| Profit (loss) carried forward | 14 | €1,683 | €1,683 | = | 0.0% |
| Amounts payable | 17/49 | €61,112 | €60,204 | -€908 | -1.5% |
| Amounts payable within one year | 42/48 | €61,112 | €60,204 | -€908 | -1.5% |
| Financial debts | 43 | €20,523 | €21,894 | +€1,370 | +6.7% |
| Credit institutions | 430/8 | €20,523 | €21,894 | +€1,370 | +6.7% |
| Trade debts | 44 | €2,186 | €830 | -€1,356 | -62.0% |
| Suppliers | 440/4 | €2,186 | €830 | -€1,356 | -62.0% |
| Taxes, remuneration and social security | 45 | €1,662 | €0 | -€1,662 | -100.0% |
| Taxes | 450/3 | €662 | €0 | -€662 | -100.0% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100.0% |
| Other amounts payable | 47/48 | €36,741 | €37,481 | +€740 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18 | €325 | +€307 | +1665.4% |
| Other operating charges | 640/8 | €1,389 | €1,060 | -€329 | -23.7% |
| Gross operating margin | 9900 | €2,581 | €15,440 | +€12,859 | +498.2% |
| Operating profit (loss) | 9901 | €1,174 | €14,055 | +€12,881 | +1097.3% |
| Financial income | 75/76B | €1 | €41 | +€40 | +2971.1% |
| Recurring financial income | 75 | €1 | €41 | +€40 | +2971.1% |
| Financial charges | 65/66B | €278 | €12,690 | +€12,412 | +4461.6% |
| Recurring financial charges | 65 | €278 | €12,690 | +€12,412 | +4461.6% |
| Profit (loss) for the period before taxes | 9903 | €897 | €1,406 | +€509 | +56.7% |
| Income taxes | 67/77 | €140 | €248 | +€108 | +77.6% |
| Profit (loss) for the period | 9904 | €758 | €1,158 | +€401 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €758 | €1,158 | +€401 | +52.9% |
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 29 September 2026 via checked.be.