Dr. Delattin Tom: what changed
Two financial 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.
Dr. Delattin Tom
Largest movements
- Receivables after one year -€125,157
no longer reported in 2025 (was €125,157)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year -€5,412
down €5,412 (-35.2%), from €15,369 to €9,958
- Tangible fixed assets +€5,399
up €5,399 (+62.4%), from €8,650 to €14,049
of which Land and buildings: +€8,380
- Reserves -€149,406
down €149,406 (-49.9%), from €299,500 to €150,094
- Tax, wage and social debts -€73,930
no longer reported in 2025 (was €73,930)
- Gross operating margin +€24,710
up €24,710 (+14.5%), from €170,087 to €194,797
- Taxes +€7,724
up €7,724 (+20.9%), from €36,909 to €44,633
- Financial income +€6,191
up €6,191 (+30,954,650%), from €0 to €6,191
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.
Derived cash bridge
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 | €388,081 | €161,514 | -€226,567 | -58.4% |
| Fixed assets | 21/28 | €8,650 | €14,049 | +€5,399 | +62.4% |
| Tangible fixed assets | 22/27 | €8,650 | €14,049 | +€5,399 | +62.4% |
| Land and buildings | 22 | - | €8,380 | +€8,380 | |
| Plant, machinery and equipment | 23 | €1,439 | €1,460 | +€21 | +1.4% |
| Furniture and vehicles | 24 | €7,211 | €4,209 | -€3,002 | -41.6% |
| Current assets | 29/58 | €379,431 | €147,465 | -€231,966 | -61.1% |
| Amounts receivable after more than one year | 29 | €125,157 | - | -€125,157 | |
| Other amounts receivable | 291 | €125,157 | - | -€125,157 | |
| Amounts receivable within one year | 40/41 | €15,369 | €9,958 | -€5,412 | -35.2% |
| Other amounts receivable | 41 | €15,369 | €9,958 | -€5,412 | -35.2% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €99,473 | €95,733 | -€3,741 | -3.8% |
| Deferred charges and accrued income | 490/1 | €39,431 | €41,775 | +€2,344 | +5.9% |
| Total equity and liabilities | 10/49 | €388,081 | €161,514 | -€226,567 | -58.4% |
| Equity | 10/15 | €304,874 | €155,094 | -€149,780 | -49.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €299,500 | €150,094 | -€149,406 | -49.9% |
| Distributable reserves | 133 | €299,500 | €150,094 | -€149,406 | -49.9% |
| Profit (loss) carried forward | 14 | €374 | - | -€374 | |
| Amounts payable | 17/49 | €83,207 | €6,420 | -€76,787 | -92.3% |
| Amounts payable within one year | 42/48 | €82,718 | €5,916 | -€76,802 | -92.8% |
| Trade debts | 44 | €8,788 | €5,743 | -€3,045 | -34.6% |
| Suppliers | 440/4 | €8,788 | €5,743 | -€3,045 | -34.6% |
| Taxes, remuneration and social security | 45 | €73,930 | - | -€73,930 | |
| Taxes | 450/3 | €73,930 | - | -€73,930 | |
| Other amounts payable | 47/48 | - | €173 | +€173 | |
| Accrued charges and deferred income | 492/3 | €489 | €505 | +€16 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,625 | €5,241 | -€384 | -6.8% |
| Other operating charges | 640/8 | €657 | €852 | +€195 | +29.7% |
| Gross operating margin | 9900 | €170,087 | €194,797 | +€24,710 | +14.5% |
| Operating profit (loss) | 9901 | €163,805 | €188,703 | +€24,898 | +15.2% |
| Financial income | 75/76B | €0 | €6,191 | +€6,191 | +30,954,650% |
| Recurring financial income | 75 | €0 | €6,191 | +€6,191 | +30,954,650% |
| Financial charges | 65/66B | €232 | €168 | -€65 | -27.8% |
| Recurring financial charges | 65 | €232 | €168 | -€65 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €163,573 | €194,727 | +€31,154 | +19.0% |
| Income taxes | 67/77 | €36,909 | €44,633 | +€7,724 | +20.9% |
| Profit (loss) for the period | 9904 | €126,664 | €150,094 | +€23,430 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €126,664 | €150,094 | +€23,430 | +18.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.