DEBA SQUARE (0449.587.872): financials and annual accounts

DEBA SQUARE

Brussels ·KBO/BCE: BE 0449.587.872

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	1.4m	1.4m	1.2m	860,405	575,627	709,889	842,766	964,870	1.0m	988,393	475,761	905,778	985,780	1.1m	993,391	883,490	1.1m	996,688
Formation expenses`20`	-	-	-	-	-	-	-	-	-	-	-	4,000	8,000	12,000	16,000	-	-	-
Fixed assets`21/28`	351,139	324,552	217,887	256,552	288,134	295,559	345,878	445,824	539,520	539,447	380,635	624,730	735,761	808,846	667,786	553,214	744,716	699,515
Intangible fixed assets`21`	5,825	-	-	109	1,609	3,109	4,484	5,984	7,484	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	193,004	189,918	140,637	178,776	208,858	214,783	263,727	362,173	456,619	464,030	305,061	544,779	651,810	720,919	575,859	477,288	668,789	623,588
Land and buildings`22`	-	-	-	-	-	-	-	-	-	-	-	311,845	356,197	386,749	235,290	-	-	-
Plant, machinery and equipment`23`	1,494	4,174	7,180	11,130	9,856	9,892	4,067	16,114	25,921	14,094	819	154,079	186,340	203,467	157,169	240,284	354,140	326,847
Furniture and vehicles`24`	32,050	47,709	9,790	5,477	5,019	9,709	9,852	15,253	21,783	11,177	4,975	13,098	19,865	13,763	24,541	33,174	48,727	47,810
Other tangible fixed assets`26`	159,460	138,035	123,666	162,169	193,983	195,182	249,808	330,807	408,915	438,759	299,267	64,241	87,135	113,909	143,468	173,050	219,752	187,372
Financial fixed assets`28`	152,309	134,634	77,250	77,667	77,667	77,667	77,667	77,667	75,417	75,417	75,573	75,951	75,951	75,927	75,927	75,927	75,927	75,927
Current assets`29/58`	1.0m	1.1m	1.0m	603,854	287,493	414,330	496,889	519,046	462,878	448,946	95,126	281,048	250,018	289,926	325,605	330,276	310,933	297,173
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	-	-	-	-	107,433	112,431	155,902	170,163	152,051	154,255	115,900
Stocks`30/36`	-	-	-	-	-	-	-	-	-	-	-	107,433	112,431	155,902	170,163	152,051	154,255	115,900
Amounts receivable within one year`40/41`	527,808	567,933	511,386	119,842	211,557	125,453	204,752	334,493	343,052	328,252	8,030	7,113	753	5,047	3,775	11,275	18,419	10,000
Trade receivables`40`	58,432	114,981	58,880	23,618	78,390	35,028	21,306	91,464	34,349	63,293	4,209	-	-	2,750	2,750	250	-	-
Other amounts receivable`41`	469,375	452,953	452,506	96,224	133,167	90,425	183,445	243,029	308,703	264,960	3,821	7,113	753	2,297	1,025	11,025	18,419	10,000
Cash at bank and in hand`54/58`	472,808	526,540	440,416	427,746	74,000	275,370	286,577	166,152	99,392	115,071	87,080	53,918	32,233	56,367	52,814	42,672	9,743	44,385
Deferred charges and accrued income`490/1`	23,708	9,522	52,598	56,265	1,937	13,507	5,560	18,401	20,433	5,622	17	112,583	104,601	72,610	98,852	124,277	128,516	126,888
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.4m	1.4m	1.2m	860,405	575,627	709,889	842,766	964,870	1.0m	988,393	475,761	905,778	985,780	1.1m	993,391	883,490	1.1m	996,688
Equity`10/15`	709,118	487,035	600,044	330,171	305,557	338,780	186,077	189,978	56,322	23,022	167,082	372,481	248,519	253,397	228,706	220,670	238,331	154,877
Contributions`10/11`	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	81,000	81,000	81,000	81,000	81,000	81,000
Capital`10`	233,750	233,750	233,750	233,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	233,750	81,000	81,000	81,000	81,000	81,000	81,000
Revaluation surpluses`12`	-	-	-	-	-	-	-	-	-	-	-	30,340	37,925	56,550	75,175	93,800	112,425	-
Reserves`13`	75,375	75,375	75,375	69,000	60,100	60,100	60,100	60,100	60,100	60,100	202,810	202,810	195,225	176,600	133,903	110,715	92,090	73,465
Non-distributable reserves`130/1`	23,375	23,375	23,375	17,000	8,100	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	23,375	23,375	23,375	17,000	8,100	8,100	8,100	8,100	8,100	8,100	8,100	8,100	8,100	8,100	8,100	8,100	8,100	8,100
Distributable reserves`133`	52,000	52,000	52,000	52,000	52,000	52,000	52,000	52,000	52,000	52,000	194,710	194,710	187,125	168,500	125,803	102,615	83,990	65,365
Profit (loss) carried forward`14`	399,993	177,909	290,919	27,420	11,706	44,929	-107,773	-103,873	-237,528	-270,828	-269,478	-94,419	-65,631	-60,753	-61,373	-64,846	-47,185	411
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	-	-	-	-	139,895	129,905	120,480	111,589	103,201
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	139,895	129,905	120,480	111,589	103,201
Amounts payable`17/49`	666,345	941,513	622,242	530,235	270,070	371,109	656,689	774,893	946,075	965,371	308,679	533,297	737,260	705,479	634,780	542,340	705,729	738,610
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	-	121,276	182,512	225,008	185,125	127,529	175,942	232,795
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	121,276	182,512	225,008	185,125	127,529	175,942	232,795
Amounts payable within one year`42/48`	666,345	941,513	622,242	530,235	270,070	371,109	650,543	774,893	941,257	965,311	308,679	412,021	554,748	480,471	449,656	414,811	529,787	505,815
Current portion of amounts payable after more than one year`42`	-	-	-	3,357	-	-	-	-	-	-	21,167	195,510	62,496	62,496	71,446	20,545	28,984	55,837
Financial debts`43`	-	-	-	75,000	23,505	61,709	450,000	270,000	545,000	515,000	105,000	28,034	164,996	129,584	119,382	168,207	184,907	147,589
Credit institutions`430/8`	-	-	-	75,000	23,505	6,709	-	-	-	-	-	28,034	164,996	129,584	119,382	168,207	184,907	147,589
Other loans`439`	-	-	-	-	-	55,000	450,000	270,000	545,000	515,000	105,000	-	-	-	-	-	-	-
Trade debts`44`	299,996	372,296	194,544	196,433	24,707	236,000	85,513	119,803	121,222	135,431	102,974	133,890	83,488	82,557	130,234	35,595	54,273	129,493
Suppliers`440/4`	299,996	372,296	194,544	196,433	24,707	236,000	85,513	119,803	121,222	135,431	102,974	133,890	83,488	82,557	130,234	35,595	54,273	129,493
Taxes, remuneration and social security`45`	357,758	189,587	212,219	94,457	37,132	55,278	75,200	61,952	69,283	45,102	23,425	23,211	25,083	5,688	42,413	12,537	10,115	9,663
Taxes`450/3`	288,344	115,798	158,158	58,717	5,556	-	-	-	3,013	6,138	1,002	9,863	15,363	2,003	35,744	4,944	2,114	3,259
Remuneration and social security`454/9`	69,414	73,789	54,061	35,740	31,576	55,278	75,200	61,952	66,270	38,963	22,423	13,348	9,720	3,684	6,670	7,593	8,001	6,405
Other amounts payable`47/48`	8,591	379,630	215,479	160,988	184,726	18,123	39,830	323,138	205,753	269,778	56,113	31,376	218,685	200,146	86,180	177,927	251,508	163,233
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	6,146	-	4,818	61	-	-	-	-	-	-	-	-
Income statement
Non-recurring operating income`76A`	22,728	7,000	-	-	78,820	133	607	-	83	-	88,888	-	-	-	-	-	-	-
Gross operating margin`9900`	2.1m	1.9m	1.7m	771,999	431,211	1.1m	956,591	910,293	1.1m	392,406	98,061	452,900	324,299	562,118	495,146	576,382	566,610	571,933
Remuneration, social security and pensions`62`	920,018	956,478	750,771	405,947	379,440	729,853	823,687	634,185	941,101	447,762	199,794	96,082	58,162	49,691	89,255	133,538	133,414	114,623
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	82,771	63,841	45,460	48,699	72,491	87,103	96,336	103,610	128,046	64,153	51,330	149,257	186,332	225,888	198,206	224,135	238,305	220,925
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-139,895	9,990	9,425	8,891	8,388	7,943
Other operating charges`640/8`	595,309	516,024	296,532	111,526	8,432	11,785	11,313	10,611	19,020	6,604	104,673	209,253	189,967	257,622	204,529	217,069	217,851	215,264
Non-recurring operating charges`66A`	-	1,560	17,693	500	4,451	-	1,858	14,900	5,781	4,596	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	524,412	340,002	639,161	205,327	-33,602	231,262	25,255	161,887	59,943	-126,113	-257,735	-1,692	29,734	18,927	-6,268	-7,252	-31,348	13,178
Financial income`75/76B`	7,310	11,689	11,516	2,422	9,408	18,634	682	2,710	2,891	361	279	1,463	1,864	2,084	9,181	434	561	16,345
Recurring financial income`75`	7,310	11,689	11,516	2,422	9,408	18,634	75	2,710	2,808	361	279	1,463	1,864	2,084	9,181	434	561	16,345
Non-recurring financial income`76B`	-	-	-	-	-	-	607	-	83	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	21,761	25,294	13,537	9,442	8,894	10,878	20,792	30,903	29,439	13,712	6,575	18,088	14,083	17,026	9,187	10,844	16,799	23,101
Recurring financial charges`65`	21,761	25,294	13,537	9,442	8,894	10,878	18,934	16,003	23,657	13,712	6,575	18,088	14,083	17,026	9,187	10,844	16,799	23,101
Non-recurring financial charges`66B`	-	-	-	-	-	-	1,858	14,900	5,781	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	509,961	326,397	637,141	198,308	-33,088	239,019	5,146	133,694	33,395	-144,060	-175,144	-18,317	17,516	3,985	-6,274	-17,662	-47,586	6,421
Income taxes`67/77`	287,877	89,406	167,268	23,694	135	86,316	9,046	38	96	-	-85	10,471	22,394	3,365	-9,747	-1	11	728
Profit (loss) for the period`9904`	222,084	236,991	469,873	174,614	-33,223	152,702	-3,900	133,656	33,300	-144,060	-175,059	-28,788	-4,878	620	3,473	-17,661	-47,596	5,694
Profit (loss) for the period to be appropriated`9905`	222,084	236,991	469,873	174,614	-33,223	152,702	-3,900	133,656	33,300	-144,060	-175,059	-28,788	-4,878	620	3,473	-17,661	-47,596	5,694
Appropriation of the result
Profit (loss) to be appropriated`9906`	399,993	527,909	497,294	186,320	11,706	44,929	-107,773	-103,873	-237,528	-413,538	-269,478	-94,419	-65,631	-60,753	-61,373	-64,846	-47,185	6,411
Profit (loss) brought forward from the previous period`14P`	177,909	290,919	27,420	11,706	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	-	-	-	-	-	-	142,710	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	6,375	8,900	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000
To the legal reserve`6920`	-	-	6,375	8,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-
To other reserves`6921`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000
Profit to be distributed`694/7`	-	350,000	200,000	150,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	350,000	200,000	150,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	16.2	16.5	16.7	16.4	16.5	16.5	18.2	14.7	14.1	10.9	3.8	2.8	1.7	1.5	2.6	4	5.2	3.4
Hours worked`1013`	25,563	29,282	26,356	14,583	13,535	26,550	30,013	25,752	37,624	18,269	6,841	4,550	2,462	2,048	4,294	6,275	7,134	5,792
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Financial year	Type	Filed	Reference	Document
31-12-2024	full format	29-09-2025	2025-00524978	PDF
31-12-2023	full format	01-07-2024	2024-00221037	PDF
31-12-2022	full format	12-06-2023	2023-00126896	PDF
31-12-2021	full format	31-08-2022	2022-20405014	PDF
31-12-2020	full format	07-10-2021	2021-71500462	PDF
31-12-2019	full format	15-07-2020	2020-30400368	PDF
31-12-2018	full format	20-09-2019	2019-65100422	PDF
31-12-2017	full format	02-07-2018	2018-28000419	PDF
31-12-2016	full format	22-06-2017	2017-20800024	PDF
30-06-2015	full format	21-12-2015	2015-69800420	PDF
30-06-2014	full format	19-02-2015	2015-04400431	PDF
30-06-2013	abbreviated format	20-01-2014	2014-01100361	PDF
30-06-2012	abbreviated format	24-12-2012	2012-67800021	PDF
30-06-2011	abbreviated format	17-02-2012	2012-04000157	PDF
30-06-2010	abbreviated format	16-02-2011	2011-03700484	PDF
30-06-2009	abbreviated format	24-12-2009	2009-90900238	PDF
30-06-2008	abbreviated format	03-02-2009	2009-03400366	PDF
30-06-2007	abbreviated format	28-01-2008	2008-03100266	PDF
30-06-2006	abbreviated format	11-01-2007	2007-01401065	PDF
30-06-2005	abbreviated format	23-12-2005	2005-91400440	PDF
30-06-2004	abbreviated format	12-01-2005	2005-01104670	PDF
30-06-2003	abbreviated format	24-12-2003	2003-85602000	PDF
30-06-2002	abbreviated format	14-01-2003	2003-01202373	PDF
30-06-2001	abbreviated format	24-12-2001	2001-78104102	PDF
30-06-2000	abbreviated format	29-01-2001	2001-03003977	PDF
30-06-1999	abbreviated format	27-03-2000	2000-07800877	PDF
30-06-1998	abbreviated format	31-03-1999	1999-07004021	PDF
30-06-1997	abbreviated format	04-03-1998	1998-04003320	PDF
30-06-1996	abbreviated format	07-02-1997	1997-02003429	PDF
30-06-1995	abbreviated format	14-02-1996	1996-02503098	PDF
31-12-1993	abbreviated format	27-06-1994	1994-19304573	PDF

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	607,183	403,843	684,622	254,026	38,889	318,366	121,591	265,497	187,988	-61,960	-206,406	147,565	216,066	244,815	191,937	216,883	206,958	234,103
Cash flow	304,855	300,832	515,333	223,313	39,268	239,805	92,436	237,266	161,346	-79,907	-123,729	120,469	181,454	226,508	201,679	206,474	190,709	226,618
Investment in fixed assets	1.6m	170,507	7,212	17,116	65,066	36,785	2,124	9,915	141,832	223,122	33,365	38,226	113,247	366,947	292,778	32,633	152,456	301,822
Change in cash	-53,732	86,125	12,669	353,747	-201,370	-11,207	120,425	66,761	-15,680	27,992	33,162	21,686	-24,134	3,552	10,142	32,930	-34,642	-
Working capital	357,979	162,483	382,157	73,619	17,423	43,221	-153,654	-255,846	-478,380	-516,364	-213,553	-130,974	-304,730	-190,545	-124,051	-84,535	-218,854	-208,642
Solvency	51.6%	34.1%	49.1%	38.4%	53.1%	47.7%	22.1%	19.7%	5.6%	2.3%	35.1%	41.1%	25.2%	23.1%	23.0%	25.0%	22.6%	15.5%
Current ratio	1.54	1.17	1.61	1.14	1.06	1.12	0.76	0.67	0.49	0.47	0.31	0.68	0.45	0.60	0.72	0.80	0.59	0.59
Quick ratio	1.54	1.17	1.61	1.14	1.06	1.12	0.76	0.67	0.49	0.47	0.31	0.42	0.25	0.28	0.35	0.43	0.30	0.36
Debt to equity	0.94	1.93	1.04	1.61	0.88	1.10	3.53	4.08	16.80	41.93	1.85	1.43	2.97	2.78	2.78	2.46	2.96	4.77
ROE	31.3%	48.7%	78.3%	52.9%	-10.9%	45.1%	-2.1%	70.4%	59.1%	-625.7%	-104.8%	-7.7%	-2.0%	0.2%	1.5%	-8.0%	-20.0%	3.7%
ROA	16.1%	16.6%	38.4%	20.3%	-5.8%	21.5%	-0.5%	13.9%	3.3%	-14.6%	-36.8%	-3.2%	-0.5%	0.1%	0.3%	-2.0%	-4.5%	0.6%
Interest coverage	27.90	15.97	50.57	26.90	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	19	16	18	17
full-time	19	16	18	17
in full-time equivalents	19	16	18	17
Average over the year, in full-time equivalents	16.2	16.5	16.7	16.4
On a permanent contract	14	16	17	17
Joined	70	66	74	17
Left	67	68	73	15
Training hours	431	-	-	-

Item	2024	2023	2022	2021
Tangible fixed assets	€1.5m	€113,123	€7,212	€17,116
Intangible fixed assets	€5,825	-	-	-
Financial fixed assets	€75,054	€57,384	-	-
Depreciation and write-downs of the year	€82,771	€63,841	€45,460	€48,699

DEBA SQUARE

Annual accounts 2024

Balance sheet

Change in equityin euro

Change in cashin €m

Position in the sector

Solvency51.6%

Current ratio1.54

Return on assets16.1%

Staff

Staff cost per FTE€56,791

Joined and left+3

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on DEBA SQUARE

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