DELVAUX DIVING: 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.
DELVAUX DIVING
Largest movements
- Cash +€11,319
up €11,319 (+189%), from €5,986 to €17,304
mainly Net result for the year (+€22,877) and Depreciation (+€2,175)
- Receivables within one year +€8,239
up €8,239 (+73.8%), from €11,158 to €19,397
of which Trade receivables: +€8,452
- Tangible fixed assets +€1,842
up €1,842 (+5.8%), from €31,606 to €33,448
of which Plant, machinery and equipment: +€1,427
- Profit (loss) carried forward +€22,877
up €22,877 (+66.1%), from €34,594 to €57,470
- Tax, wage and social debts -€1,995
down €1,995 (-17.5%), from €11,422 to €9,427
of which Remuneration and social security: -€6,600
- Trade debts +€848
up €848 (+445%), from €190 to €1,038
- Gross operating margin +€22,851
up €22,851 (+243%), from €9,385 to €32,235
- Taxes +€4,406
up €4,406 (+249%), from €1,768 to €6,174
- Depreciation +€902
up €902 (+70.9%), from €1,272 to €2,175
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 | €49,648 | €71,168 | +€21,521 | +43.3% |
| Fixed assets | 21/28 | €31,606 | €33,448 | +€1,842 | +5.8% |
| Tangible fixed assets | 22/27 | €31,606 | €33,448 | +€1,842 | +5.8% |
| Land and buildings | 22 | €29,603 | €28,803 | -€800 | -2.7% |
| Plant, machinery and equipment | 23 | €1,195 | €2,621 | +€1,427 | +119% |
| Furniture and vehicles | 24 | €808 | €2,023 | +€1,215 | +150% |
| Current assets | 29/58 | €18,041 | €37,720 | +€19,679 | +109% |
| Amounts receivable within one year | 40/41 | €11,158 | €19,397 | +€8,239 | +73.8% |
| Trade receivables | 40 | €9,920 | €18,372 | +€8,452 | +85.2% |
| Other amounts receivable | 41 | €1,238 | €1,024 | -€214 | -17.2% |
| Cash at bank and in hand | 54/58 | €5,986 | €17,304 | +€11,319 | +189% |
| Deferred charges and accrued income | 490/1 | €898 | €1,019 | +€122 | +13.5% |
| Total equity and liabilities | 10/49 | €49,648 | €71,168 | +€21,521 | +43.3% |
| Equity | 10/15 | €36,594 | €59,470 | +€22,877 | +62.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,594 | €57,470 | +€22,877 | +66.1% |
| Amounts payable | 17/49 | €13,054 | €11,698 | -€1,356 | -10.4% |
| Amounts payable within one year | 42/48 | €12,554 | €11,448 | -€1,106 | -8.8% |
| Trade debts | 44 | €190 | €1,038 | +€848 | +445% |
| Suppliers | 440/4 | €190 | €1,038 | +€848 | +445% |
| Taxes, remuneration and social security | 45 | €11,422 | €9,427 | -€1,995 | -17.5% |
| Taxes | 450/3 | €2,622 | €7,227 | +€4,605 | +176% |
| Remuneration and social security | 454/9 | €8,800 | €2,200 | -€6,600 | -75.0% |
| Other amounts payable | 47/48 | €942 | €983 | +€41 | +4.4% |
| Accrued charges and deferred income | 492/3 | €500 | €250 | -€250 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,272 | €2,175 | +€902 | +70.9% |
| Other operating charges | 640/8 | €607 | €860 | +€253 | +41.6% |
| Gross operating margin | 9900 | €9,385 | €32,235 | +€22,851 | +243% |
| Operating profit (loss) | 9901 | €7,505 | €29,201 | +€21,696 | +289% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.7% |
| Financial charges | 65/66B | €142 | €150 | +€9 | +6.1% |
| Recurring financial charges | 65 | €142 | €150 | +€9 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €7,364 | €29,051 | +€21,687 | +294% |
| Income taxes | 67/77 | €1,768 | €6,174 | +€4,406 | +249% |
| Profit (loss) for the period | 9904 | €5,596 | €22,877 | +€17,280 | +309% |
| Profit (loss) for the period to be appropriated | 9905 | €5,596 | €22,877 | +€17,280 | +309% |
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 13 October 2026 via checked.be.