DELVA: 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.
DELVA
Largest movements
- Receivables within one year +€19,271
up €19,271 (+8.2%), from €236,441 to €255,712
- Cash -€6,229
down €6,229 (-61.5%), from €10,123 to €3,894
mainly Receivables within one year (-€19,271) and Trade debts (-€506)
- Reserves +€12,157
up €12,157 (+4.0%), from €305,261 to €317,418
of which Distributable reserves: +€12,157
- Gross operating margin +€4,429
up €4,429 (+38.0%), from €11,653 to €16,081
- Taxes +€579
up €579 (+38.4%), from €1,508 to €2,087
- Financial charges +€362
up €362 (+64.5%), from €561 to €923
- Other operating charges +€292
up €292 (+64.6%), from €452 to €744
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 | €326,564 | €339,605 | +€13,041 | +4.0% |
| Current assets | 29/58 | €326,564 | €339,605 | +€13,041 | +4.0% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 291 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €236,441 | €255,712 | +€19,271 | +8.2% |
| Other amounts receivable | 41 | €236,441 | €255,712 | +€19,271 | +8.2% |
| Cash at bank and in hand | 54/58 | €10,123 | €3,894 | -€6,229 | -61.5% |
| Total equity and liabilities | 10/49 | €326,564 | €339,605 | +€13,041 | +4.0% |
| Equity | 10/15 | €323,853 | €336,010 | +€12,157 | +3.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €305,261 | €317,418 | +€12,157 | +4.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €303,401 | €315,559 | +€12,157 | +4.0% |
| Amounts payable | 17/49 | €2,711 | €3,595 | +€884 | +32.6% |
| Amounts payable within one year | 42/48 | €2,711 | €3,595 | +€884 | +32.6% |
| Trade debts | 44 | €506 | - | -€506 | |
| Suppliers | 440/4 | €506 | - | -€506 | |
| Taxes, remuneration and social security | 45 | €2,205 | €3,595 | +€1,390 | +63.0% |
| Taxes | 450/3 | €2,205 | €3,595 | +€1,390 | +63.0% |
| Remuneration, social security and pensions | 62 | €245 | €170 | -€75 | -30.5% |
| Other operating charges | 640/8 | €452 | €744 | +€292 | +64.6% |
| Gross operating margin | 9900 | €11,653 | €16,081 | +€4,429 | +38.0% |
| Operating profit (loss) | 9901 | €10,956 | €15,167 | +€4,211 | +38.4% |
| Financial charges | 65/66B | €561 | €923 | +€362 | +64.5% |
| Recurring financial charges | 65 | €561 | €923 | +€362 | +64.5% |
| Profit (loss) for the period before taxes | 9903 | €10,395 | €14,245 | +€3,850 | +37.0% |
| Income taxes | 67/77 | €1,508 | €2,087 | +€579 | +38.4% |
| Profit (loss) for the period | 9904 | €8,887 | €12,157 | +€3,271 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,887 | €12,157 | +€3,271 | +36.8% |
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 10 October 2026 via checked.be.