DELVENTO: 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.
DELVENTO
Largest movements
- Receivables after one year +€30,500
up €30,500 (+122.0%), from €25,000 to €55,500
- Cash -€5,347
down €5,347 (-6.8%), from €78,895 to €73,548
mainly Contributions, distributions and other (-€124,651) and Receivables after one year (-€30,500)
- Receivables within one year +€4,452
up €4,452 (+28.3%), from €15,754 to €20,206
of which Other amounts receivable: +€3,232
- Deferred charges and accrued income -€3,831
no longer reported in 2025 (was €3,831)
- Other debts +€124,433
up €124,433 (+41732.2%), from €298 to €124,731
- Profit (loss) carried forward -€92,290
no longer reported in 2025 (was €92,290)
- Tax, wage and social debts -€9,000
down €9,000 (-31.3%), from €28,764 to €19,764
- Trade debts +€2,171
new in 2025: €2,171
- Gross operating margin -€13,884
down €13,884 (-23.2%), from €59,732 to €45,849
- Taxes -€2,868
down €2,868 (-24.6%), from €11,635 to €8,768
- Other operating charges +€973
up €973 (+346.0%), from €281 to €1,254
- Financial charges +€702
up €702 (+355.8%), from €197 to €900
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 | €126,352 | €151,666 | +€25,314 | +20.0% |
| Fixed assets | 21/28 | €2,872 | €2,412 | -€459 | -16.0% |
| Tangible fixed assets | 22/27 | €2,872 | €2,412 | -€459 | -16.0% |
| Furniture and vehicles | 24 | €2,872 | €2,412 | -€459 | -16.0% |
| Current assets | 29/58 | €123,480 | €149,254 | +€25,773 | +20.9% |
| Amounts receivable after more than one year | 29 | €25,000 | €55,500 | +€30,500 | +122.0% |
| Other amounts receivable | 291 | €25,000 | €55,500 | +€30,500 | +122.0% |
| Amounts receivable within one year | 40/41 | €15,754 | €20,206 | +€4,452 | +28.3% |
| Trade receivables | 40 | €15,754 | €16,974 | +€1,219 | +7.7% |
| Other amounts receivable | 41 | - | €3,232 | +€3,232 | |
| Cash at bank and in hand | 54/58 | €78,895 | €73,548 | -€5,347 | -6.8% |
| Deferred charges and accrued income | 490/1 | €3,831 | - | -€3,831 | |
| Total equity and liabilities | 10/49 | €126,352 | €151,666 | +€25,314 | +20.0% |
| Equity | 10/15 | €97,290 | €5,000 | -€92,290 | -94.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,290 | - | -€92,290 | |
| Amounts payable | 17/49 | €29,062 | €146,666 | +€117,604 | +404.7% |
| Amounts payable within one year | 42/48 | €29,062 | €146,666 | +€117,604 | +404.7% |
| Trade debts | 44 | - | €2,171 | +€2,171 | |
| Suppliers | 440/4 | - | €2,171 | +€2,171 | |
| Taxes, remuneration and social security | 45 | €28,764 | €19,764 | -€9,000 | -31.3% |
| Taxes | 450/3 | €28,764 | €19,764 | -€9,000 | -31.3% |
| Other amounts payable | 47/48 | €298 | €124,731 | +€124,433 | +41732.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,040 | €2,567 | +€527 | +25.8% |
| Other operating charges | 640/8 | €281 | €1,254 | +€973 | +346.0% |
| Gross operating margin | 9900 | €59,732 | €45,849 | -€13,884 | -23.2% |
| Operating profit (loss) | 9901 | €57,411 | €42,028 | -€15,383 | -26.8% |
| Financial charges | 65/66B | €197 | €900 | +€702 | +355.8% |
| Recurring financial charges | 65 | €197 | €900 | +€702 | +355.8% |
| Profit (loss) for the period before taxes | 9903 | €57,214 | €41,128 | -€16,086 | -28.1% |
| Income taxes | 67/77 | €11,635 | €8,768 | -€2,868 | -24.6% |
| Profit (loss) for the period | 9904 | €45,579 | €32,361 | -€13,218 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,579 | €32,361 | -€13,218 | -29.0% |
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 7 October 2026 via checked.be.