DELVIGNE CONSULTING: what changed
DELVIGNE CONSULTING
Largest movements
- Current investments +€150,000
up €150,000 (+41.8%), from €359,000 to €509,000
- Cash -€59,642
down €59,642 (-43.2%), from €138,024 to €78,382
mainly Current investments (-€150,000) and Trade debts (-€9,427)
- Receivables after one year -€47,427
no longer reported in 2026 (was €47,427)
- Receivables within one year -€16,259
down €16,259 (-57.9%), from €28,066 to €11,807
of which Trade receivables: -€18,537
- Reserves +€32,347
up €32,347 (+6.0%), from €542,500 to €574,847
of which Distributable reserves: +€32,347
- Trade debts -€9,427
no longer reported in 2026 (was €9,427)
- Other debts +€6,540
up €6,540 (+543%), from €1,204 to €7,743
- Gross operating margin -€58,662
down €58,662 (-59.7%), from €98,316 to €39,653
- Taxes -€15,698
down €15,698 (-46.8%), from €33,575 to €17,877
- Financial income +€9,528
up €9,528 (+191%), from €4,993 to €14,521
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €579,569 | €605,050 | +€25,481 | +4.4% |
| Fixed assets | 21/28 | €5,325 | €5,231 | -€94 | -1.8% |
| Tangible fixed assets | 22/27 | €4,825 | €4,731 | -€94 | -1.9% |
| Furniture and vehicles | 24 | €3,525 | €3,431 | -€94 | -2.7% |
| Other tangible fixed assets | 26 | €1,300 | €1,300 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €574,244 | €599,819 | +€25,575 | +4.5% |
| Amounts receivable after more than one year | 29 | €47,427 | - | -€47,427 | |
| Other amounts receivable | 291 | €47,427 | - | -€47,427 | |
| Amounts receivable within one year | 40/41 | €28,066 | €11,807 | -€16,259 | -57.9% |
| Trade receivables | 40 | €23,457 | €4,920 | -€18,537 | -79.0% |
| Other amounts receivable | 41 | €4,609 | €6,887 | +€2,278 | +49.4% |
| Current investments | 50/53 | €359,000 | €509,000 | +€150,000 | +41.8% |
| Cash at bank and in hand | 54/58 | €138,024 | €78,382 | -€59,642 | -43.2% |
| Deferred charges and accrued income | 490/1 | €1,727 | €630 | -€1,098 | -63.5% |
| Total equity and liabilities | 10/49 | €579,569 | €605,050 | +€25,481 | +4.4% |
| Equity | 10/15 | €561,100 | €593,447 | +€32,347 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €542,500 | €574,847 | +€32,347 | +6.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €540,640 | €572,987 | +€32,347 | +6.0% |
| Amounts payable | 17/49 | €18,469 | €11,603 | -€6,866 | -37.2% |
| Amounts payable within one year | 42/48 | €18,469 | €11,603 | -€6,866 | -37.2% |
| Financial debts | 43 | - | €529 | +€529 | |
| Credit institutions | 430/8 | - | €529 | +€529 | |
| Trade debts | 44 | €9,427 | - | -€9,427 | |
| Suppliers | 440/4 | €9,427 | - | -€9,427 | |
| Taxes, remuneration and social security | 45 | €7,839 | €3,331 | -€4,508 | -57.5% |
| Taxes | 450/3 | €7,839 | €3,331 | -€4,508 | -57.5% |
| Other amounts payable | 47/48 | €1,204 | €7,743 | +€6,540 | +543% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,662 | €1,629 | -€33 | -2.0% |
| Other operating charges | 640/8 | €1,521 | €1,105 | -€416 | -27.4% |
| Gross operating margin | 9900 | €98,316 | €39,653 | -€58,662 | -59.7% |
| Operating profit (loss) | 9901 | €95,132 | €36,919 | -€58,213 | -61.2% |
| Financial income | 75/76B | €4,993 | €14,521 | +€9,528 | +191% |
| Recurring financial income | 75 | €4,993 | €14,521 | +€9,528 | +191% |
| Financial charges | 65/66B | €316 | €383 | +€67 | +21.3% |
| Recurring financial charges | 65 | €316 | €383 | +€67 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €99,809 | €51,057 | -€48,752 | -48.8% |
| Income taxes | 67/77 | €33,575 | €17,877 | -€15,698 | -46.8% |
| Profit (loss) for the period | 9904 | €66,234 | €33,180 | -€33,054 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,234 | €33,180 | -€33,054 | -49.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.