DELTRONIC: 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.
DELTRONIC
Largest movements
- Cash +€341,828
up €341,828 (+38.6%), from €886,242 to €1.2m
mainly Net result for the year (+€289,463) and Trade debts (+€143,024)
- Receivables within one year +€167,807
up €167,807 (+19.7%), from €852,242 to €1.0m
of which Trade receivables: +€167,646
- Stocks and contracts +€43,003
up €43,003 (+18.4%), from €233,647 to €276,651
- Tangible fixed assets -€27,948
down €27,948 (-20.1%), from €139,378 to €111,430
of which Furniture and vehicles: -€36,044
- Reserves +€214,463
up €214,463 (+19.3%), from €1.1m to €1.3m
of which Distributable reserves: +€214,463
- Trade debts +€143,024
up €143,024 (+55.8%), from €256,229 to €399,253
- Tax, wage and social debts +€114,122
up €114,122 (+56.5%), from €201,963 to €316,085
of which Taxes: +€109,511
- Other debts +€75,099
up €75,099 (+131.8%), from €56,981 to €132,080
- Financial charges -€657,286
down €657,286 (-98.9%), from €664,345 to €7,059
- Gross operating margin -€583,820
down €583,820 (-29.4%), from €2.0m to €1.4m
- Taxes +€88,795
up €88,795 (+7250.1%), from €1,225 to €90,020
- Staff costs +€45,808
up €45,808 (+5.0%), from €911,629 to €957,437
- Other operating charges -€22,473
down €22,473 (-63.8%), from €35,225 to €12,752
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 | €2,136,200 | €2,668,801 | +€532,601 | +24.9% |
| Fixed assets | 21/28 | €139,898 | €112,250 | -€27,648 | -19.8% |
| Tangible fixed assets | 22/27 | €139,378 | €111,430 | -€27,948 | -20.1% |
| Plant, machinery and equipment | 23 | €12,889 | €23,571 | +€10,683 | +82.9% |
| Furniture and vehicles | 24 | €86,551 | €50,507 | -€36,044 | -41.6% |
| Other tangible fixed assets | 26 | €39,939 | €32,256 | -€7,683 | -19.2% |
| Assets under construction and advance payments | 27 | - | €5,096 | +€5,096 | |
| Financial fixed assets | 28 | €520 | €820 | +€300 | +57.7% |
| Current assets | 29/58 | €1,996,302 | €2,556,551 | +€560,249 | +28.1% |
| Stocks and contracts in progress | 3 | €233,647 | €276,651 | +€43,003 | +18.4% |
| Stocks | 30/36 | €233,647 | €276,651 | +€43,003 | +18.4% |
| Amounts receivable within one year | 40/41 | €852,242 | €1,020,049 | +€167,807 | +19.7% |
| Trade receivables | 40 | €849,360 | €1,017,007 | +€167,646 | +19.7% |
| Other amounts receivable | 41 | €2,882 | €3,043 | +€161 | +5.6% |
| Cash at bank and in hand | 54/58 | €886,242 | €1,228,070 | +€341,828 | +38.6% |
| Deferred charges and accrued income | 490/1 | €24,170 | €31,781 | +€7,611 | +31.5% |
| Total equity and liabilities | 10/49 | €2,136,200 | €2,668,801 | +€532,601 | +24.9% |
| Equity | 10/15 | €1,574,870 | €1,789,333 | +€214,463 | +13.6% |
| Contributions | 10/11 | €462,000 | €462,000 | = | 0.0% |
| Capital | 10 | €462,000 | €462,000 | = | 0.0% |
| Issued capital | 100 | €462,000 | €462,000 | = | 0.0% |
| Reserves | 13 | €1,112,870 | €1,327,333 | +€214,463 | +19.3% |
| Non-distributable reserves | 130/1 | €46,200 | €46,200 | = | 0.0% |
| Legal reserve | 130 | €46,200 | €46,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €1,063,695 | €1,278,158 | +€214,463 | +20.2% |
| Amounts payable | 17/49 | €561,330 | €879,469 | +€318,138 | +56.7% |
| Amounts payable after more than one year | 17 | €14,653 | €4,174 | -€10,479 | -71.5% |
| Financial debts | 170/4 | €14,653 | €4,174 | -€10,479 | -71.5% |
| Amounts payable within one year | 42/48 | €534,344 | €857,897 | +€323,553 | +60.6% |
| Current portion of amounts payable after more than one year | 42 | €19,171 | €10,479 | -€8,693 | -45.3% |
| Trade debts | 44 | €256,229 | €399,253 | +€143,024 | +55.8% |
| Suppliers | 440/4 | €256,229 | €399,253 | +€143,024 | +55.8% |
| Taxes, remuneration and social security | 45 | €201,963 | €316,085 | +€114,122 | +56.5% |
| Taxes | 450/3 | €81,582 | €191,093 | +€109,511 | +134.2% |
| Remuneration and social security | 454/9 | €120,381 | €124,991 | +€4,611 | +3.8% |
| Other amounts payable | 47/48 | €56,981 | €132,080 | +€75,099 | +131.8% |
| Accrued charges and deferred income | 492/3 | €12,333 | €17,398 | +€5,064 | +41.1% |
| Non-recurring operating income | 76A | €1,253,846 | - | -€1.3m | |
| Remuneration, social security and pensions | 62 | €911,629 | €957,437 | +€45,808 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,364 | €46,144 | +€780 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,170 | €4,063 | -€13,107 | -76.3% |
| Other operating charges | 640/8 | €35,225 | €12,752 | -€22,473 | -63.8% |
| Gross operating margin | 9900 | €1,983,816 | €1,399,996 | -€583,820 | -29.4% |
| Operating profit (loss) | 9901 | €974,429 | €379,601 | -€594,828 | -61.0% |
| Financial income | 75/76B | €2,690 | €6,941 | +€4,251 | +158.0% |
| Recurring financial income | 75 | €2,690 | €6,941 | +€4,251 | +158.0% |
| Financial charges | 65/66B | €664,345 | €7,059 | -€657,286 | -98.9% |
| Recurring financial charges | 65 | €664,345 | €7,059 | -€657,286 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €312,774 | €379,483 | +€66,709 | +21.3% |
| Income taxes | 67/77 | €1,225 | €90,020 | +€88,795 | +7250.1% |
| Profit (loss) for the period | 9904 | €311,549 | €289,463 | -€22,086 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €311,549 | €289,463 | -€22,086 | -7.1% |
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 8 October 2026 via checked.be.