DELVAUX TRANSFER: what changed
What changed
DELVAUX TRANSFER
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€16,643
2024 · €47,549-€30,906
Equity
€968,484
2024 · €951,841+€16,643
Cash
€275,252
2024 · €247,233+€28,019
Balance sheet total
€969,473
2024 · €952,807+€16,666
Largest movements
Assets
- Cash +€28,019
up €28,019 (+11.3%), from €247,233 to €275,252
mainly Net result for the year (+€16,643) and Depreciation (+€9,188)
Equity and liabilities
- Profit (loss) carried forward +€16,643
up €16,643 (+6.9%), from €242,673 to €259,316
Income statement
- Gross operating margin -€28,139
down €28,139 (-52.1%), from €53,970 to €25,831
- Depreciation +€2,767
up €2,767 (+43.1%), from €6,421 to €9,188
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€47,549
Gross operating margin
-€28,139
Depreciation
-€2,767
Result 2025
€16,643
lowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€29,505
Investment
-€1,487
Financing
+€1
Cash 2024
€247,233
From operations (derived)
+€29,505
Net result for the year
+€16,643
Depreciation
+€9,188
Receivables after one year
+€3,652
Accrued charges and deferred income
+€22
Investment (derived)
-€1,487
Investment in fixed assets (net)
-€1,487
Financing
+€1
Short-term financial debts
+€1
Cash 2025
€275,252
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €952,807 | €969,473 | +€16,666 | +1.7% |
| Fixed assets | 21/28 | €686,724 | €679,023 | -€7,701 | -1.1% |
| Tangible fixed assets | 22/27 | €686,724 | €679,023 | -€7,701 | -1.1% |
| Land and buildings | 22 | €685,124 | €679,023 | -€6,101 | -0.9% |
| Furniture and vehicles | 24 | €1,600 | €0 | -€1,600 | -100% |
| Current assets | 29/58 | €266,083 | €290,450 | +€24,367 | +9.2% |
| Amounts receivable after more than one year | 29 | €18,850 | €15,198 | -€3,652 | -19.4% |
| Trade receivables | 290 | €3,630 | €0 | -€3,630 | -100% |
| Other amounts receivable | 291 | €15,220 | €15,198 | -€22 | -0.1% |
| Cash at bank and in hand | 54/58 | €247,233 | €275,252 | +€28,019 | +11.3% |
| Total equity and liabilities | 10/49 | €952,807 | €969,473 | +€16,666 | +1.7% |
| Equity | 10/15 | €951,841 | €968,484 | +€16,643 | +1.7% |
| Contributions | 10/11 | €682,168 | €682,168 | = | 0.0% |
| Reserves | 13 | €27,000 | €27,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,000 | - | -€27,000 | |
| Distributable reserves | 133 | - | €27,000 | +€27,000 | |
| Profit (loss) carried forward | 14 | €242,673 | €259,316 | +€16,643 | +6.9% |
| Amounts payable | 17/49 | €966 | €989 | +€23 | +2.4% |
| Amounts payable within one year | 42/48 | €36 | €37 | +€1 | +2.8% |
| Financial debts | 43 | €36 | €37 | +€1 | +2.8% |
| Credit institutions | 430/8 | €36 | - | -€36 | |
| Other loans | 439 | - | €37 | +€37 | |
| Accrued charges and deferred income | 492/3 | €930 | €952 | +€22 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,421 | €9,188 | +€2,767 | +43.1% |
| Gross operating margin | 9900 | €53,970 | €25,831 | -€28,139 | -52.1% |
| Operating profit (loss) | 9901 | €47,549 | €16,643 | -€30,906 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €47,549 | €16,643 | -€30,906 | -65.0% |
| Profit (loss) for the period | 9904 | €47,549 | €16,643 | -€30,906 | -65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,549 | €16,643 | -€30,906 | -65.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.