DELTRO: 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.
DELTRO
Largest movements
- Cash +€15,674
up €15,674 (+916.0%), from €1,711 to €17,385
mainly Net result for the year (+€40,593) and Depreciation (+€2,077)
- Tangible fixed assets +€7,252
up €7,252 (+61.6%), from €11,764 to €19,016
of which Furniture and vehicles: +€8,951
- Receivables within one year +€3,610
up €3,610 (+22.8%), from €15,849 to €19,458
of which Trade receivables: +€6,300
- Deferred charges and accrued income +€1,250
up €1,250 (+379.2%), from €330 to €1,579
- Profit (loss) carried forward +€40,593
up €40,593 (+798.3%), from €5,085 to €45,678
- Other debts -€9,253
down €9,253 (-75.0%), from €12,329 to €3,077
- Trade debts -€4,884
down €4,884 (-40.8%), from €11,958 to €7,074
- Tax, wage and social debts +€1,929
up €1,929, from €0 to €1,929
- Gross operating margin +€52,739
up €52,739 (+711.2%), from €7,416 to €60,154
- Taxes +€11,300
up €11,300 (+2207.9%), from €512 to €11,812
- Depreciation -€1,716
down €1,716 (-45.2%), from €3,793 to €2,077
- Other operating charges -€988
down €988 (-32.3%), from €3,057 to €2,070
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 | €32,372 | €60,758 | +€28,386 | +87.7% |
| Fixed assets | 21/28 | €11,764 | €19,016 | +€7,252 | +61.6% |
| Tangible fixed assets | 22/27 | €11,764 | €19,016 | +€7,252 | +61.6% |
| Plant, machinery and equipment | 23 | €5,399 | €3,700 | -€1,699 | -31.5% |
| Furniture and vehicles | 24 | €6,365 | €15,316 | +€8,951 | +140.6% |
| Current assets | 29/58 | €20,608 | €41,742 | +€21,134 | +102.6% |
| Stocks and contracts in progress | 3 | €2,719 | €3,320 | +€601 | +22.1% |
| Stocks | 30/36 | €2,719 | €3,320 | +€601 | +22.1% |
| Amounts receivable within one year | 40/41 | €15,849 | €19,458 | +€3,610 | +22.8% |
| Trade receivables | 40 | €13,158 | €19,458 | +€6,300 | +47.9% |
| Other amounts receivable | 41 | €2,691 | - | -€2,691 | |
| Cash at bank and in hand | 54/58 | €1,711 | €17,385 | +€15,674 | +916.0% |
| Deferred charges and accrued income | 490/1 | €330 | €1,579 | +€1,250 | +379.2% |
| Total equity and liabilities | 10/49 | €32,372 | €60,758 | +€28,386 | +87.7% |
| Equity | 10/15 | €8,085 | €48,678 | +€40,593 | +502.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,085 | €45,678 | +€40,593 | +798.3% |
| Amounts payable | 17/49 | €24,287 | €12,080 | -€12,208 | -50.3% |
| Amounts payable within one year | 42/48 | €24,287 | €12,080 | -€12,208 | -50.3% |
| Trade debts | 44 | €11,958 | €7,074 | -€4,884 | -40.8% |
| Suppliers | 440/4 | €11,958 | €7,074 | -€4,884 | -40.8% |
| Taxes, remuneration and social security | 45 | €0 | €1,929 | +€1,929 | |
| Taxes | 450/3 | €0 | €1,929 | +€1,929 | |
| Other amounts payable | 47/48 | €12,329 | €3,077 | -€9,253 | -75.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,793 | €2,077 | -€1,716 | -45.2% |
| Other operating charges | 640/8 | €3,057 | €2,070 | -€988 | -32.3% |
| Non-recurring operating charges | 66A | - | €3,060 | +€3,060 | |
| Gross operating margin | 9900 | €7,416 | €60,154 | +€52,739 | +711.2% |
| Operating profit (loss) | 9901 | €565 | €52,947 | +€52,382 | +9267.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €388 | €542 | +€154 | +39.8% |
| Recurring financial charges | 65 | €388 | €542 | +€154 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €177 | €52,405 | +€52,227 | +29427.2% |
| Income taxes | 67/77 | €512 | €11,812 | +€11,300 | +2207.9% |
| Profit (loss) for the period | 9904 | -€334 | €40,593 | +€40,927 | |
| Profit (loss) for the period to be appropriated | 9905 | -€334 | €40,593 | +€40,927 |
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 5 October 2026 via checked.be.