DELVA SIGN: 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 SIGN
Largest movements
- Receivables within one year +€49,321
up €49,321 (+310%), from €15,913 to €65,234
of which Other amounts receivable: +€33,517
- Cash +€6,402
up €6,402 (+4,152%), from €154 to €6,556
mainly Net result for the year (+€25,435) and Trade debts (+€16,682)
- Profit (loss) carried forward +€25,435
up €25,435 (+448%), from €5,676 to €31,111
- Trade debts +€16,682
up €16,682 (+2,055%), from €812 to €17,494
- Tax, wage and social debts +€13,710
up €13,710 (+160%), from €8,568 to €22,278
of which Taxes: +€16,410
- Other debts -€859
no longer reported in 2025 (was €859)
- Gross operating margin +€23,868
up €23,868 (+296%), from €8,068 to €31,936
- Taxes +€5,684
up €5,684 (+308%), from €1,847 to €7,531
- Financial income +€1,234
up €1,234 (+303%), from €407 to €1,641
- Depreciation +€392
up €392 (+682%), from €58 to €450
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,915 | €72,884 | +€54,968 | +307% |
| Fixed assets | 21/28 | €1,292 | €842 | -€450 | -34.8% |
| Tangible fixed assets | 22/27 | €1,292 | €842 | -€450 | -34.8% |
| Furniture and vehicles | 24 | €1,292 | €842 | -€450 | -34.8% |
| Current assets | 29/58 | €16,623 | €72,041 | +€55,418 | +333% |
| Amounts receivable within one year | 40/41 | €15,913 | €65,234 | +€49,321 | +310% |
| Trade receivables | 40 | €284 | €16,089 | +€15,805 | +5,558% |
| Other amounts receivable | 41 | €15,629 | €49,145 | +€33,517 | +214% |
| Cash at bank and in hand | 54/58 | €154 | €6,556 | +€6,402 | +4,152% |
| Deferred charges and accrued income | 490/1 | €556 | €251 | -€305 | -54.9% |
| Total equity and liabilities | 10/49 | €17,915 | €72,884 | +€54,968 | +307% |
| Equity | 10/15 | €7,676 | €33,111 | +€25,435 | +331% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,676 | €31,111 | +€25,435 | +448% |
| Amounts payable | 17/49 | €10,239 | €39,772 | +€29,533 | +288% |
| Amounts payable within one year | 42/48 | €10,239 | €39,772 | +€29,533 | +288% |
| Trade debts | 44 | €812 | €17,494 | +€16,682 | +2,055% |
| Suppliers | 440/4 | €812 | €17,494 | +€16,682 | +2,055% |
| Taxes, remuneration and social security | 45 | €8,568 | €22,278 | +€13,710 | +160% |
| Taxes | 450/3 | €5,868 | €22,278 | +€16,410 | +280% |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58 | €450 | +€392 | +682% |
| Gross operating margin | 9900 | €8,068 | €31,936 | +€23,868 | +296% |
| Operating profit (loss) | 9901 | €8,010 | €31,486 | +€23,475 | +293% |
| Financial income | 75/76B | €407 | €1,641 | +€1,234 | +303% |
| Recurring financial income | 75 | €407 | €1,641 | +€1,234 | +303% |
| Financial charges | 65/66B | €35 | €161 | +€126 | +356% |
| Recurring financial charges | 65 | €35 | €161 | +€126 | +356% |
| Profit (loss) for the period before taxes | 9903 | €8,382 | €32,966 | +€24,584 | +293% |
| Income taxes | 67/77 | €1,847 | €7,531 | +€5,684 | +308% |
| Profit (loss) for the period | 9904 | €6,535 | €25,435 | +€18,900 | +289% |
| Profit (loss) for the period to be appropriated | 9905 | €6,535 | €25,435 | +€18,900 | +289% |
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 25 October 2026 via checked.be.