DELVAMED: 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.
DELVAMED
Largest movements
- Cash +€38,973
up €38,973 (+31.3%), from €124,414 to €163,387
mainly Other debts (+€133,310) and Net result for the year (+€64,113)
- Tangible fixed assets -€5,698
down €5,698 (-52.8%), from €10,801 to €5,103
of which Furniture and vehicles: -€5,622
- Deferred charges and accrued income -€2,131
down €2,131 (-5.9%), from €35,895 to €33,765
- Other debts +€133,310
up €133,310 (+15498.6%), from €860 to €134,170
- Reserves -€92,887
down €92,887 (-58.9%), from €157,729 to €64,842
- Tax, wage and social debts -€8,735
down €8,735 (-92.2%), from €9,472 to €737
of which Taxes: -€8,735
- Gross operating margin -€5,827
down €5,827 (-6.2%), from €94,639 to €88,812
- Taxes -€1,235
down €1,235 (-6.5%), from €18,972 to €17,737
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 | €171,110 | €202,254 | +€31,143 | +18.2% |
| Fixed assets | 21/28 | €10,801 | €5,103 | -€5,698 | -52.8% |
| Tangible fixed assets | 22/27 | €10,801 | €5,103 | -€5,698 | -52.8% |
| Plant, machinery and equipment | 23 | €76 | €0 | -€76 | -100.0% |
| Furniture and vehicles | 24 | €10,725 | €5,103 | -€5,622 | -52.4% |
| Current assets | 29/58 | €160,309 | €197,151 | +€36,842 | +23.0% |
| Cash at bank and in hand | 54/58 | €124,414 | €163,387 | +€38,973 | +31.3% |
| Deferred charges and accrued income | 490/1 | €35,895 | €33,765 | -€2,131 | -5.9% |
| Total equity and liabilities | 10/49 | €171,110 | €202,254 | +€31,143 | +18.2% |
| Equity | 10/15 | €160,229 | €67,342 | -€92,887 | -58.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €157,729 | €64,842 | -€92,887 | -58.9% |
| Distributable reserves | 133 | €157,729 | €64,842 | -€92,887 | -58.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €10,881 | €134,912 | +€124,030 | +1139.8% |
| Amounts payable within one year | 42/48 | €10,881 | €134,912 | +€124,030 | +1139.8% |
| Trade debts | 44 | €550 | €5 | -€544 | -99.1% |
| Suppliers | 440/4 | €550 | €5 | -€544 | -99.1% |
| Taxes, remuneration and social security | 45 | €9,472 | €737 | -€8,735 | -92.2% |
| Taxes | 450/3 | €9,472 | €737 | -€8,735 | -92.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €860 | €134,170 | +€133,310 | +15498.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,887 | €5,698 | -€189 | -3.2% |
| Other operating charges | 640/8 | €497 | €1,024 | +€528 | +106.2% |
| Gross operating margin | 9900 | €94,639 | €88,812 | -€5,827 | -6.2% |
| Operating profit (loss) | 9901 | €88,255 | €82,090 | -€6,166 | -7.0% |
| Financial charges | 65/66B | €216 | €240 | +€24 | +10.9% |
| Recurring financial charges | 65 | €216 | €240 | +€24 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €88,039 | €81,850 | -€6,189 | -7.0% |
| Income taxes | 67/77 | €18,972 | €17,737 | -€1,235 | -6.5% |
| Profit (loss) for the period | 9904 | €69,067 | €64,113 | -€4,955 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,067 | €64,113 | -€4,955 | -7.2% |
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.