DELTRIAN INTERNATIONAL: 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.
What changed
DELTRIAN INTERNATIONAL
NACE 28.295, Manufacture of machinery and equipment not elsewhere classified
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€717,116
2024 · €779,071-€1.5m
Equity
€7.0m
2024 · €6.6m+€397,355
Cash
€1.2m
2024 · €951,177+€252,282
Balance sheet total
€41.2m
2024 · €24.2m+€17.0m
Largest movements
Assets
- Financial fixed assets +€16.8m
up €16.8m (+178%), from €9.4m to €26.2m
of which Affiliated companies: +€16.7m
- Tangible fixed assets -€554,435
down €554,435 (-16.8%), from €3.3m to €2.8m
of which Plant, machinery and equipment: -€292,196
- Stocks and contracts +€480,736
up €480,736 (+13.8%), from €3.5m to €4.0m
Equity and liabilities
- Debts after one year +€9.5m
up €9.5m (+148%), from €6.4m to €16.0m
- Other debts +€5.1m
up €5.1m (+2,085%), from €245,343 to €5.4m
- Current portion of long-term debt +€1.2m
up €1.2m (+45.9%), from €2.5m to €3.7m
- Contributions +€1.1m
up €1.1m (+168%), from €680,327 to €1.8m
- Short-term financial debts +€1.0m
up €1.0m (+29.7%), from €3.4m to €4.4m
Income statement
- Services and other goods +€1.3m
up €1.3m (+20.8%), from €6.5m to €7.8m
- Other operating income +€1.1m
up €1.1m (+28.0%), from €4.1m to €5.3m
- Turnover -€450,830
down €450,830 (-1.8%), from €24.9m to €24.5m
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.
Result 2024
€779,071
Turnover
-€450,830
Other operating income
+€1.1m
Goods and materials
-€196,805
Services and other goods
-€1.3m
Staff costs
+€113,738
Depreciation
+€18,676
Write-downs
-€1,261
Provisions
-€144,344
Other operating charges
-€6,893
Other operating items
-€455,325
Financial income
-€19,109
Financial charges
-€156,142
Result 2025
-€717,116
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€4.6m
Investment
-€17.2m
Financing
+€12.8m
Cash 2024
€951,177
From operations (derived)
+€4.6m
Net result for the year
-€717,116
Depreciation
+€1.2m
Stocks and contracts
-€480,736
Receivables within one year
-€305,680
Deferred charges and accrued income
+€64,653
Smaller working-capital items
-€25,295
Trade debts
-€148,383
Advances received
-€76,613
Other debts
+€5.1m
Investment (derived)
-€17.2m
Investment in fixed assets (net)
-€17.2m
Financing
+€12.8m
Debts after one year
+€9.5m
Current portion of long-term debt
+€1.2m
Short-term financial debts
+€1.0m
Contributions, distributions and other
+€1.1m
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,201,755 | €41,159,002 | +€17.0m | +70.1% |
| Formation expenses | 20 | €746,560 | €542,277 | -€204,283 | -27.4% |
| Fixed assets | 21/28 | €12,933,244 | €29,120,730 | +€16.2m | +125% |
| Intangible fixed assets | 21 | €232,033 | €209,617 | -€22,416 | -9.7% |
| Tangible fixed assets | 22/27 | €3,308,036 | €2,753,601 | -€554,435 | -16.8% |
| Land and buildings | 22 | €1,212,692 | €1,020,001 | -€192,691 | -15.9% |
| Plant, machinery and equipment | 23 | €1,321,208 | €1,029,012 | -€292,196 | -22.1% |
| Furniture and vehicles | 24 | €206,407 | €226,519 | +€20,112 | +9.7% |
| Leasing and similar rights | 25 | €310,651 | €207,804 | -€102,847 | -33.1% |
| Other tangible fixed assets | 26 | €257,078 | €270,265 | +€13,187 | +5.1% |
| Financial fixed assets | 28 | €9,393,175 | €26,157,513 | +€16.8m | +178% |
| Affiliated companies | 280/1 | €9,295,443 | €26,012,281 | +€16.7m | +180% |
| Participating interests | 280 | €3,521,603 | €19,534,686 | +€16.0m | +455% |
| Amounts receivable | 281 | €5,773,841 | €6,477,595 | +€703,755 | +12.2% |
| Other financial fixed assets | 284/8 | €97,732 | €145,232 | +€47,500 | +48.6% |
| Amounts receivable and cash guarantees | 285/8 | €97,732 | €145,232 | +€47,500 | +48.6% |
| Current assets | 29/58 | €10,521,950 | €11,495,995 | +€974,044 | +9.3% |
| Stocks and contracts in progress | 3 | €3,472,322 | €3,953,057 | +€480,736 | +13.8% |
| Stocks | 30/36 | €3,472,322 | €3,953,057 | +€480,736 | +13.8% |
| Raw materials and consumables | 30/31 | €1,038,527 | €975,284 | -€63,243 | -6.1% |
| Work in progress | 32 | €6,821 | €13,190 | +€6,369 | +93.4% |
| Finished goods | 33 | €156,634 | €130,802 | -€25,833 | -16.5% |
| Goods purchased for resale | 34 | €2,270,340 | €2,833,781 | +€563,442 | +24.8% |
| Amounts receivable within one year | 40/41 | €5,590,938 | €5,896,617 | +€305,680 | +5.5% |
| Trade receivables | 40 | €5,212,922 | €4,990,889 | -€222,033 | -4.3% |
| Other amounts receivable | 41 | €378,016 | €905,728 | +€527,713 | +140% |
| Cash at bank and in hand | 54/58 | €951,177 | €1,203,458 | +€252,282 | +26.5% |
| Deferred charges and accrued income | 490/1 | €507,514 | €442,862 | -€64,653 | -12.7% |
| Total equity and liabilities | 10/49 | €24,201,755 | €41,159,002 | +€17.0m | +70.1% |
| Equity | 10/15 | €6,631,579 | €7,028,934 | +€397,355 | +6.0% |
| Contributions | 10/11 | €680,327 | €1,825,933 | +€1.1m | +168% |
| Capital | 10 | €680,327 | €1,825,933 | +€1.1m | +168% |
| Issued capital | 100 | €680,327 | €1,825,933 | +€1.1m | +168% |
| Reserves | 13 | €5,888,407 | €5,151,630 | -€736,776 | -12.5% |
| Non-distributable reserves | 130/1 | €68,033 | €68,033 | = | 0.0% |
| Legal reserve | 130 | €68,033 | €68,033 | = | 0.0% |
| Tax-exempt reserves | 132 | €996,448 | €940,429 | -€56,019 | -5.6% |
| Distributable reserves | 133 | €4,823,925 | €4,143,168 | -€680,757 | -14.1% |
| Investment grants | 15 | €62,845 | €51,371 | -€11,475 | -18.3% |
| Provisions and deferred taxes | 16 | €211,530 | €182,684 | -€28,845 | -13.6% |
| Provisions for liabilities and charges | 160/5 | €55,000 | €55,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €55,000 | €55,000 | = | 0.0% |
| Deferred taxes | 168 | €156,530 | €127,684 | -€28,845 | -18.4% |
| Amounts payable | 17/49 | €17,358,646 | €33,947,384 | +€16.6m | +95.6% |
| Amounts payable after more than one year | 17 | €6,445,818 | €15,987,024 | +€9.5m | +148% |
| Financial debts | 170/4 | €6,445,818 | €15,987,024 | +€9.5m | +148% |
| Subordinated loans | 170 | €2,881,325 | €2,583,102 | -€298,223 | -10.4% |
| Leasing and similar obligations | 172 | €165,300 | €98,462 | -€66,838 | -40.4% |
| Credit institutions | 173 | €3,399,193 | €13,305,460 | +€9.9m | +291% |
| Amounts payable within one year | 42/48 | €10,867,891 | €17,888,946 | +€7.0m | +64.6% |
| Current portion of amounts payable after more than one year | 42 | €2,508,012 | €3,659,335 | +€1.2m | +45.9% |
| Financial debts | 43 | €3,372,663 | €4,375,778 | +€1.0m | +29.7% |
| Credit institutions | 430/8 | €3,372,663 | €4,375,778 | +€1.0m | +29.7% |
| Trade debts | 44 | €3,974,112 | €3,825,729 | -€148,383 | -3.7% |
| Suppliers | 440/4 | €3,974,112 | €3,825,729 | -€148,383 | -3.7% |
| Advances received on contracts in progress | 46 | €100,119 | €23,506 | -€76,613 | -76.5% |
| Taxes, remuneration and social security | 45 | €667,641 | €644,716 | -€22,926 | -3.4% |
| Taxes | 450/3 | €96,102 | €99,103 | +€3,001 | +3.1% |
| Remuneration and social security | 454/9 | €571,539 | €545,613 | -€25,926 | -4.5% |
| Other amounts payable | 47/48 | €245,343 | €5,359,882 | +€5.1m | +2,085% |
| Accrued charges and deferred income | 492/3 | €44,938 | €71,414 | +€26,476 | +58.9% |
| Operating income | 70/76A | €29,065,326 | €29,721,940 | +€656,614 | +2.3% |
| Turnover | 70 | €24,937,648 | €24,486,818 | -€450,830 | -1.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€17,277 | -€19,463 | -€2,187 | -12.7% |
| Own construction capitalised | 72 | €0 | - | = | |
| Other operating income | 74 | €4,105,786 | €5,254,585 | +€1.1m | +28.0% |
| Non-recurring operating income | 76A | €39,169 | €0 | -€39,169 | -100% |
| Operating charges | 60/66A | €28,778,765 | €30,756,314 | +€2.0m | +6.9% |
| Goods for resale, raw materials and consumables | 60 | €16,304,222 | €16,501,027 | +€196,805 | +1.2% |
| Purchases | 600/8 | €16,264,179 | €16,997,850 | +€733,671 | +4.5% |
| Change in stocks: decrease (increase) | 609 | €40,043 | -€496,823 | -€536,866 | |
| Services and other goods | 61 | €6,467,424 | €7,814,115 | +€1.3m | +20.8% |
| Remuneration, social security and pensions | 62 | €4,649,038 | €4,535,300 | -€113,738 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,191,383 | €1,172,706 | -€18,676 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€27,327 | -€26,067 | +€1,261 | +4.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€144,344 | €0 | +€144,344 | |
| Other operating charges | 640/8 | €45,272 | €52,165 | +€6,893 | +15.2% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Non-recurring operating charges | 66A | €293,097 | €707,066 | +€413,969 | +141% |
| Operating profit (loss) | 9901 | €286,562 | -€1,034,373 | -€1.3m | |
| Financial income | 75/76B | €1,029,628 | €1,010,518 | -€19,109 | -1.9% |
| Recurring financial income | 75 | €982,753 | €1,010,518 | +€27,766 | +2.8% |
| Income from financial fixed assets | 750 | €956,451 | €981,093 | +€24,642 | +2.6% |
| Other financial income | 752/9 | €26,302 | €29,425 | +€3,124 | +11.9% |
| Non-recurring financial income | 76B | €46,875 | €0 | -€46,875 | -100% |
| Financial charges | 65/66B | €565,964 | €722,106 | +€156,142 | +27.6% |
| Recurring financial charges | 65 | €565,964 | €722,106 | +€156,142 | +27.6% |
| Debt charges | 650 | €531,895 | €685,091 | +€153,196 | +28.8% |
| Other financial charges | 652/9 | €34,069 | €37,015 | +€2,946 | +8.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €750,225 | -€745,962 | -€1.5m | |
| Transfer from deferred taxes | 780 | €28,845 | €28,845 | = | 0.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Taxes | 670/3 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €779,071 | -€717,116 | -€1.5m | |
| Transfer from tax-exempt reserves | 789 | €56,019 | €56,019 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €835,090 | -€661,097 | -€1.5m |
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.