DELTRO SYSTEEMTECHNIEK: 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
DELTRO SYSTEEMTECHNIEK
NACE 46.643, Wholesale of electrical equipment, including installation materials
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€108,231
2024 · €145,556-€37,325
Equity
€1.3m
2024 · €1.2m+€108,231
Cash
€27,219
2024 · €23,537+€3,681
Balance sheet total
€2.1m
2024 · €1.9m+€253,527
Largest movements
Assets
- Receivables after one year +€157,145
up €157,145 (+14.1%), from €1.1m to €1.3m
- Receivables within one year +€103,876
up €103,876 (+21.8%), from €477,286 to €581,162
of which Trade receivables: +€218,440
Equity and liabilities
- Profit (loss) carried forward +€108,231
up €108,231 (+10.3%), from €1.1m to €1.2m
- Trade debts +€107,979
up €107,979 (+28.5%), from €379,068 to €487,047
- Current portion of long-term debt +€38,162
up €38,162 (+157%), from €24,254 to €62,416
Income statement
- Gross operating margin -€82,971
down €82,971 (-18.6%), from €445,678 to €362,707
- Staff costs -€27,657
down €27,657 (-12.8%), from €216,899 to €189,242
- Taxes -€12,385
down €12,385 (-25.0%), from €49,498 to €37,113
- Financial charges -€5,490
down €5,490 (-25.0%), from €21,935 to €16,445
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
€145,556
Gross operating margin
-€82,971
Staff costs
+€27,657
Depreciation
+€0
Other operating charges
-€18
Financial income
+€131
Financial charges
+€5,490
Taxes
+€12,385
Result 2025
€108,231
raises the resultlowers the result
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
-€34,481
Investment
€0
Financing
+€38,162
Cash 2024
€23,537
From operations (derived)
-€34,481
Net result for the year
+€108,231
Depreciation
+€10,999
Receivables after one year
-€157,145
Stocks and contracts
+€176
Receivables within one year
-€103,876
Trade debts
+€107,979
Tax, wage and social debts
-€1,646
Other debts
+€1,565
Accrued charges and deferred income
-€764
Financing
+€38,162
Current portion of long-term debt
+€38,162
Cash 2025
€27,219
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,855,841 | €2,109,368 | +€253,527 | +13.7% |
| Fixed assets | 21/28 | €43,968 | €32,968 | -€10,999 | -25.0% |
| Tangible fixed assets | 22/27 | €43,968 | €32,968 | -€10,999 | -25.0% |
| Plant, machinery and equipment | 23 | €43,968 | €32,968 | -€10,999 | -25.0% |
| Current assets | 29/58 | €1,811,873 | €2,076,399 | +€264,526 | +14.6% |
| Amounts receivable after more than one year | 29 | €1,111,612 | €1,268,757 | +€157,145 | +14.1% |
| Other amounts receivable | 291 | €1,111,612 | €1,268,757 | +€157,145 | +14.1% |
| Stocks and contracts in progress | 3 | €198,999 | €198,823 | -€176 | -0.1% |
| Stocks | 30/36 | €198,999 | €198,823 | -€176 | -0.1% |
| Amounts receivable within one year | 40/41 | €477,286 | €581,162 | +€103,876 | +21.8% |
| Trade receivables | 40 | €321,747 | €540,187 | +€218,440 | +67.9% |
| Other amounts receivable | 41 | €155,539 | €40,975 | -€114,564 | -73.7% |
| Cash at bank and in hand | 54/58 | €23,537 | €27,219 | +€3,681 | +15.6% |
| Deferred charges and accrued income | 490/1 | €438 | €438 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,855,841 | €2,109,368 | +€253,527 | +13.7% |
| Equity | 10/15 | €1,151,725 | €1,259,955 | +€108,231 | +9.4% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €37,604 | €37,604 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,354 | €21,354 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,051,621 | €1,159,851 | +€108,231 | +10.3% |
| Amounts payable | 17/49 | €704,116 | €849,412 | +€145,296 | +20.6% |
| Amounts payable within one year | 42/48 | €698,139 | €844,200 | +€146,061 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €24,254 | €62,416 | +€38,162 | +157% |
| Financial debts | 43 | €225,000 | €225,000 | = | 0.0% |
| Credit institutions | 430/8 | €225,000 | €225,000 | = | 0.0% |
| Trade debts | 44 | €379,068 | €487,047 | +€107,979 | +28.5% |
| Suppliers | 440/4 | €379,068 | €487,047 | +€107,979 | +28.5% |
| Taxes, remuneration and social security | 45 | €51,158 | €49,512 | -€1,646 | -3.2% |
| Taxes | 450/3 | €27,972 | €30,255 | +€2,283 | +8.2% |
| Remuneration and social security | 454/9 | €23,185 | €19,257 | -€3,928 | -16.9% |
| Other amounts payable | 47/48 | €18,660 | €20,225 | +€1,565 | +8.4% |
| Accrued charges and deferred income | 492/3 | €5,977 | €5,212 | -€764 | -12.8% |
| Remuneration, social security and pensions | 62 | €216,899 | €189,242 | -€27,657 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,999 | €10,999 | -€0 | 0.0% |
| Other operating charges | 640/8 | €790 | €808 | +€18 | +2.2% |
| Gross operating margin | 9900 | €445,678 | €362,707 | -€82,971 | -18.6% |
| Operating profit (loss) | 9901 | €216,989 | €161,658 | -€55,331 | -25.5% |
| Financial income | 75/76B | - | €131 | +€131 | |
| Recurring financial income | 75 | - | €131 | +€131 | |
| Financial charges | 65/66B | €21,935 | €16,445 | -€5,490 | -25.0% |
| Recurring financial charges | 65 | €21,935 | €16,445 | -€5,490 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €195,054 | €145,344 | -€49,710 | -25.5% |
| Income taxes | 67/77 | €49,498 | €37,113 | -€12,385 | -25.0% |
| Profit (loss) for the period | 9904 | €145,556 | €108,231 | -€37,325 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €145,556 | €108,231 | -€37,325 | -25.6% |
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 28 October 2026 via checked.be.