DELTOUR: 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.
DELTOUR
Largest movements
- Cash +€13,602
up €13,602 (+51.5%), from €26,432 to €40,034
mainly Net result for the year (+€15,562) and Tax, wage and social debts (+€4,226)
- Tangible fixed assets +€6,149
new in 2025: €6,149
- Receivables within one year -€2,026
down €2,026 (-8.8%), from €22,992 to €20,966
of which Trade receivables: -€3,418
- Reserves +€15,561
up €15,561 (+55.7%), from €27,958 to €43,519
- Tax, wage and social debts +€4,226
up €4,226 (+58.0%), from €7,290 to €11,516
- Trade debts -€962
down €962 (-71.2%), from €1,351 to €389
- Other debts -€900
down €900 (-13.6%), from €6,625 to €5,725
- Staff costs -€20,899
down €20,899 (-18.3%), from €114,304 to €93,405
- Taxes +€4,211
up €4,211 (+180%), from €2,338 to €6,549
- Gross operating margin -€1,566
down €1,566 (-1.3%), from €123,532 to €121,966
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 | €49,424 | €67,349 | +€17,925 | +36.3% |
| Fixed assets | 21/28 | - | €6,149 | +€6,149 | |
| Tangible fixed assets | 22/27 | - | €6,149 | +€6,149 | |
| Furniture and vehicles | 24 | - | €6,149 | +€6,149 | |
| Current assets | 29/58 | €49,424 | €61,200 | +€11,776 | +23.8% |
| Amounts receivable within one year | 40/41 | €22,992 | €20,966 | -€2,026 | -8.8% |
| Trade receivables | 40 | €19,129 | €15,711 | -€3,418 | -17.9% |
| Other amounts receivable | 41 | €3,863 | €5,255 | +€1,392 | +36.0% |
| Cash at bank and in hand | 54/58 | €26,432 | €40,034 | +€13,602 | +51.5% |
| Deferred charges and accrued income | 490/1 | - | €200 | +€200 | |
| Total equity and liabilities | 10/49 | €49,424 | €67,349 | +€17,925 | +36.3% |
| Equity | 10/15 | €34,158 | €49,719 | +€15,561 | +45.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,958 | €43,519 | +€15,561 | +55.7% |
| Distributable reserves | 133 | €27,958 | €43,519 | +€15,561 | +55.7% |
| Amounts payable | 17/49 | €15,266 | €17,630 | +€2,364 | +15.5% |
| Amounts payable within one year | 42/48 | €15,266 | €17,630 | +€2,364 | +15.5% |
| Trade debts | 44 | €1,351 | €389 | -€962 | -71.2% |
| Suppliers | 440/4 | €1,351 | €389 | -€962 | -71.2% |
| Taxes, remuneration and social security | 45 | €7,290 | €11,516 | +€4,226 | +58.0% |
| Taxes | 450/3 | €7,290 | €11,516 | +€4,226 | +58.0% |
| Other amounts payable | 47/48 | €6,625 | €5,725 | -€900 | -13.6% |
| Remuneration, social security and pensions | 62 | €114,304 | €93,405 | -€20,899 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €338 | +€338 | |
| Other operating charges | 640/8 | €4,454 | €5,483 | +€1,029 | +23.1% |
| Gross operating margin | 9900 | €123,532 | €121,966 | -€1,566 | -1.3% |
| Operating profit (loss) | 9901 | €4,774 | €22,740 | +€17,966 | +376% |
| Financial income | 75/76B | €54 | - | -€54 | |
| Recurring financial income | 75 | €54 | - | -€54 | |
| Financial charges | 65/66B | €792 | €629 | -€163 | -20.6% |
| Recurring financial charges | 65 | €792 | €629 | -€163 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €4,036 | €22,111 | +€18,075 | +448% |
| Income taxes | 67/77 | €2,338 | €6,549 | +€4,211 | +180% |
| Profit (loss) for the period | 9904 | €1,698 | €15,562 | +€13,864 | +816% |
| Profit (loss) for the period to be appropriated | 9905 | €1,698 | €15,562 | +€13,864 | +816% |
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 31 October 2026 via checked.be.