DELWAM: 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.
DELWAM
Largest movements
- Tangible fixed assets -€3,761
down €3,761 (-100.0%), from €3,761 to €0
of which Furniture and vehicles: -€3,761
- Cash -€361
down €361 (-33.4%), from €1,080 to €719
mainly Other debts (-€5,078)
- Other debts -€5,078
down €5,078 (-38.3%), from €13,247 to €8,169
- Profit (loss) carried forward +€880
up €880 (+0.3%), from -€265,821 to -€264,941
- Tax, wage and social debts +€75
new in 2025: €75
- Depreciation -€2,166
down €2,166 (-87.3%), from €2,481 to €315
- Gross operating margin +€862
up €862 (+100.6%), from €858 to €1,720
- Taxes +€75
up €75, from €0 to €75
- Other operating charges +€27
up €27 (+7.0%), from €384 to €411
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 | €4,842 | €719 | -€4,123 | -85.1% |
| Fixed assets | 21/28 | €3,761 | €0 | -€3,761 | -100.0% |
| Tangible fixed assets | 22/27 | €3,761 | €0 | -€3,761 | -100.0% |
| Furniture and vehicles | 24 | €3,761 | €0 | -€3,761 | -100.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €1,080 | €719 | -€361 | -33.4% |
| Cash at bank and in hand | 54/58 | €1,080 | €719 | -€361 | -33.4% |
| Total equity and liabilities | 10/49 | €4,842 | €719 | -€4,123 | -85.1% |
| Equity | 10/15 | -€169,821 | -€168,941 | +€880 | +0.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €21,000 | €21,000 | = | 0.0% |
| Distributable reserves | 133 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€265,821 | -€264,941 | +€880 | +0.3% |
| Amounts payable | 17/49 | €174,663 | €169,660 | -€5,003 | -2.9% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,247 | €8,244 | -€5,003 | -37.8% |
| Taxes, remuneration and social security | 45 | - | €75 | +€75 | |
| Taxes | 450/3 | - | €75 | +€75 | |
| Other amounts payable | 47/48 | €13,247 | €8,169 | -€5,078 | -38.3% |
| Accrued charges and deferred income | 492/3 | €11,416 | €11,416 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,481 | €315 | -€2,166 | -87.3% |
| Other operating charges | 640/8 | €384 | €411 | +€27 | +7.0% |
| Gross operating margin | 9900 | €858 | €1,720 | +€862 | +100.6% |
| Operating profit (loss) | 9901 | -€2,008 | €993 | +€3,001 | |
| Financial charges | 65/66B | €45 | €38 | -€7 | -16.4% |
| Recurring financial charges | 65 | €45 | €38 | -€7 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,053 | €956 | +€3,009 | |
| Income taxes | 67/77 | €0 | €75 | +€75 | |
| Profit (loss) for the period | 9904 | -€2,053 | €880 | +€2,933 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,053 | €880 | +€2,933 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.