DelvD: 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.
DelvD
Largest movements
- Cash +€72,395
up €72,395 (+693.1%), from €10,445 to €82,840
mainly Net result for the year (+€126,632) and Tax, wage and social debts (+€19,244)
- Profit (loss) carried forward +€126,632
up €126,632 (+4878.0%), from €2,596 to €129,228
- Debts after one year -€66,000
down €66,000 (-16.7%), from €396,000 to €330,000
- Tax, wage and social debts +€19,244
up €19,244 (+544.3%), from €3,535 to €22,780
- Current portion of long-term debt -€6,174
down €6,174 (-9.0%), from €68,451 to €62,277
- Financial income +€80,086
new in 2025: €80,086
- Gross operating margin +€58,858
up €58,858 (+1813.7%), from €3,245 to €62,103
- Taxes +€14,895
up €14,895 (+2295.1%), from €649 to €15,544
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 | €478,619 | €551,520 | +€72,901 | +15.2% |
| Fixed assets | 21/28 | €468,174 | €468,174 | = | 0.0% |
| Financial fixed assets | 28 | €468,174 | €468,174 | = | 0.0% |
| Current assets | 29/58 | €10,445 | €83,346 | +€72,901 | +697.9% |
| Cash at bank and in hand | 54/58 | €10,445 | €82,840 | +€72,395 | +693.1% |
| Deferred charges and accrued income | 490/1 | - | €506 | +€506 | |
| Total equity and liabilities | 10/49 | €478,619 | €551,520 | +€72,901 | +15.2% |
| Equity | 10/15 | €7,596 | €134,228 | +€126,632 | +1667.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,596 | €129,228 | +€126,632 | +4878.0% |
| Amounts payable | 17/49 | €471,023 | €417,292 | -€53,731 | -11.4% |
| Amounts payable after more than one year | 17 | €396,000 | €330,000 | -€66,000 | -16.7% |
| Financial debts | 170/4 | €396,000 | €330,000 | -€66,000 | -16.7% |
| Amounts payable within one year | 42/48 | €75,023 | €87,292 | +€12,269 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €68,451 | €62,277 | -€6,174 | -9.0% |
| Trade debts | 44 | €2,372 | €1,914 | -€458 | -19.3% |
| Suppliers | 440/4 | €2,372 | €1,914 | -€458 | -19.3% |
| Taxes, remuneration and social security | 45 | €3,535 | €22,780 | +€19,244 | +544.3% |
| Taxes | 450/3 | €3,535 | €22,780 | +€19,244 | +544.3% |
| Other amounts payable | 47/48 | €665 | €321 | -€344 | -51.7% |
| Gross operating margin | 9900 | €3,245 | €62,103 | +€58,858 | +1813.7% |
| Operating profit (loss) | 9901 | €3,245 | €62,103 | +€58,858 | +1813.7% |
| Financial income | 75/76B | - | €80,086 | +€80,086 | |
| Recurring financial income | 75 | - | €80,086 | +€80,086 | |
| Financial charges | 65/66B | €0 | €13 | +€13 | +8706.7% |
| Recurring financial charges | 65 | €0 | €13 | +€13 | +8706.7% |
| Profit (loss) for the period before taxes | 9903 | €3,245 | €142,176 | +€138,931 | +4281.4% |
| Income taxes | 67/77 | €649 | €15,544 | +€14,895 | +2295.1% |
| Profit (loss) for the period | 9904 | €2,596 | €126,632 | +€124,036 | +4778.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,596 | €126,632 | +€124,036 | +4778.0% |
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.