Advocaat Thomas Debaene: 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.
Advocaat Thomas Debaene
Largest movements
- Financial fixed assets +€62,400
up €62,400 (+1,248%), from €5,000 to €67,400
- Receivables within one year -€27,953
down €27,953 (-41.3%), from €67,677 to €39,724
of which Other amounts receivable: -€57,766
- Cash -€5,805
down €5,805 (-9.1%), from €63,805 to €58,000
mainly Other debts (-€65,661) and Investment in fixed assets (net) (-€62,400)
- Other debts -€65,661
down €65,661 (-98.5%), from €66,667 to €1,005
- Debts after one year +€54,454
new in 2025: €54,454
- Advances received +€20,570
new in 2025: €20,570
- Profit (loss) carried forward +€10,147
up €10,147 (+30.7%), from €33,092 to €43,240
- Current portion of long-term debt +€8,471
new in 2025: €8,471
- Taxes +€3,434
up €3,434 (+25.4%), from €13,540 to €16,974
- Financial income -€3,403
down €3,403 (-91.8%), from €3,708 to €305
- Gross operating margin -€2,826
down €2,826 (-4.1%), from €68,592 to €65,766
- Financial charges +€2,277
up €2,277 (+130%), from €1,746 to €4,023
- Depreciation -€1,459
down €1,459 (-78.1%), from €1,869 to €410
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 | €138,362 | €167,224 | +€28,861 | +20.9% |
| Fixed assets | 21/28 | €6,880 | €68,870 | +€61,990 | +901% |
| Tangible fixed assets | 22/27 | €1,880 | €1,470 | -€410 | -21.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,880 | €1,470 | -€410 | -21.8% |
| Financial fixed assets | 28 | €5,000 | €67,400 | +€62,400 | +1,248% |
| Current assets | 29/58 | €131,482 | €98,353 | -€33,129 | -25.2% |
| Amounts receivable within one year | 40/41 | €67,677 | €39,724 | -€27,953 | -41.3% |
| Trade receivables | 40 | €3,811 | €33,624 | +€29,814 | +782% |
| Other amounts receivable | 41 | €63,866 | €6,100 | -€57,766 | -90.4% |
| Cash at bank and in hand | 54/58 | €63,805 | €58,000 | -€5,805 | -9.1% |
| Deferred charges and accrued income | 490/1 | - | €629 | +€629 | |
| Total equity and liabilities | 10/49 | €138,362 | €167,224 | +€28,861 | +20.9% |
| Equity | 10/15 | €47,092 | €57,240 | +€10,147 | +21.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,092 | €43,240 | +€10,147 | +30.7% |
| Amounts payable | 17/49 | €91,270 | €109,984 | +€18,714 | +20.5% |
| Amounts payable after more than one year | 17 | - | €54,454 | +€54,454 | |
| Financial debts | 170/4 | - | €54,454 | +€54,454 | |
| Amounts payable within one year | 42/48 | €91,270 | €55,530 | -€35,740 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,471 | +€8,471 | |
| Trade debts | 44 | €3,971 | €2,953 | -€1,018 | -25.6% |
| Suppliers | 440/4 | €3,971 | €2,953 | -€1,018 | -25.6% |
| Advances received on contracts in progress | 46 | - | €20,570 | +€20,570 | |
| Taxes, remuneration and social security | 45 | €20,633 | €22,531 | +€1,898 | +9.2% |
| Taxes | 450/3 | €20,633 | €22,531 | +€1,898 | +9.2% |
| Other amounts payable | 47/48 | €66,667 | €1,005 | -€65,661 | -98.5% |
| Non-recurring operating income | 76A | €11,000 | €0 | -€11,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,869 | €410 | -€1,459 | -78.1% |
| Other operating charges | 640/8 | €1,260 | €1,423 | +€164 | +13.0% |
| Gross operating margin | 9900 | €68,592 | €65,766 | -€2,826 | -4.1% |
| Operating profit (loss) | 9901 | €65,463 | €63,932 | -€1,531 | -2.3% |
| Financial income | 75/76B | €3,708 | €305 | -€3,403 | -91.8% |
| Recurring financial income | 75 | €3,708 | €305 | -€3,403 | -91.8% |
| Financial charges | 65/66B | €1,746 | €4,023 | +€2,277 | +130% |
| Recurring financial charges | 65 | €1,746 | €4,023 | +€2,277 | +130% |
| Profit (loss) for the period before taxes | 9903 | €67,425 | €60,214 | -€7,211 | -10.7% |
| Income taxes | 67/77 | €13,540 | €16,974 | +€3,434 | +25.4% |
| Profit (loss) for the period | 9904 | €53,885 | €43,240 | -€10,645 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,885 | €43,240 | -€10,645 | -19.8% |
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 30 October 2026 via checked.be.