BENJAMIN DEBACKER: 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.
BENJAMIN DEBACKER
Largest movements
- Tangible fixed assets -€12,046
down €12,046 (-67.4%), from €17,880 to €5,834
- Receivables within one year +€8,005
up €8,005 (+132%), from €6,050 to €14,055
of which Other amounts receivable: +€14,055
- Cash +€7,361
up €7,361 (+184%), from €3,998 to €11,360
mainly Other debts (+€33,458) and Net result for the year (+€14,358)
- Other debts +€33,458
up €33,458 (+131%), from €25,484 to €58,942
- Accrued charges and deferred income -€8,388
down €8,388 (-95.5%), from €8,787 to €400
- Current portion of long-term debt -€6,493
down €6,493 (-58.0%), from €11,199 to €4,706
- Reserves -€6,392
down €6,392 (-4.8%), from €134,511 to €128,119
- Debts after one year -€4,706
no longer reported in 2025 (was €4,706)
- Financial income -€99,574
down €99,574 (-99.6%), from €100,000 to €426
of which Non-recurring financial income: -€100,000
- Gross operating margin +€16,284
up €16,284 (+93.3%), from €17,459 to €33,743
- Taxes -€4,181
down €4,181 (-39.5%), from €10,583 to €6,403
- Depreciation +€534
up €534 (+4.6%), from €11,512 to €12,046
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 | €346,895 | €350,241 | +€3,346 | +1.0% |
| Fixed assets | 21/28 | €336,030 | €323,984 | -€12,046 | -3.6% |
| Tangible fixed assets | 22/27 | €17,880 | €5,834 | -€12,046 | -67.4% |
| Furniture and vehicles | 24 | €17,880 | €5,834 | -€12,046 | -67.4% |
| Financial fixed assets | 28 | €318,150 | €318,150 | = | 0.0% |
| Current assets | 29/58 | €10,865 | €26,257 | +€15,392 | +142% |
| Amounts receivable within one year | 40/41 | €6,050 | €14,055 | +€8,005 | +132% |
| Trade receivables | 40 | €6,050 | - | -€6,050 | |
| Other amounts receivable | 41 | - | €14,055 | +€14,055 | |
| Cash at bank and in hand | 54/58 | €3,998 | €11,360 | +€7,361 | +184% |
| Deferred charges and accrued income | 490/1 | €817 | €843 | +€26 | +3.1% |
| Total equity and liabilities | 10/49 | €346,895 | €350,241 | +€3,346 | +1.0% |
| Equity | 10/15 | €282,011 | €275,619 | -€6,392 | -2.3% |
| Contributions | 10/11 | €147,500 | €147,500 | = | 0.0% |
| Reserves | 13 | €134,511 | €128,119 | -€6,392 | -4.8% |
| Distributable reserves | 133 | €134,511 | €128,119 | -€6,392 | -4.8% |
| Amounts payable | 17/49 | €64,884 | €74,621 | +€9,737 | +15.0% |
| Amounts payable after more than one year | 17 | €4,706 | - | -€4,706 | |
| Financial debts | 170/4 | €4,706 | - | -€4,706 | |
| Amounts payable within one year | 42/48 | €51,391 | €74,222 | +€22,831 | +44.4% |
| Current portion of amounts payable after more than one year | 42 | €11,199 | €4,706 | -€6,493 | -58.0% |
| Trade debts | 44 | €479 | €642 | +€163 | +34.1% |
| Suppliers | 440/4 | €479 | €642 | +€163 | +34.1% |
| Taxes, remuneration and social security | 45 | €14,229 | €9,932 | -€4,297 | -30.2% |
| Taxes | 450/3 | €14,229 | €9,932 | -€4,297 | -30.2% |
| Other amounts payable | 47/48 | €25,484 | €58,942 | +€33,458 | +131% |
| Accrued charges and deferred income | 492/3 | €8,787 | €400 | -€8,388 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,512 | €12,046 | +€534 | +4.6% |
| Other operating charges | 640/8 | €936 | €928 | -€7 | -0.8% |
| Gross operating margin | 9900 | €17,459 | €33,743 | +€16,284 | +93.3% |
| Operating profit (loss) | 9901 | €5,012 | €20,769 | +€15,757 | +314% |
| Financial income | 75/76B | €100,000 | €426 | -€99,574 | -99.6% |
| Recurring financial income | 75 | €100,000 | €426 | -€99,574 | -99.6% |
| Non-recurring financial income | 76B | €100,000 | - | -€100,000 | |
| Financial charges | 65/66B | €508 | €434 | -€74 | -14.6% |
| Recurring financial charges | 65 | €508 | €434 | -€74 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €104,504 | €20,761 | -€83,742 | -80.1% |
| Income taxes | 67/77 | €10,583 | €6,403 | -€4,181 | -39.5% |
| Profit (loss) for the period | 9904 | €93,920 | €14,358 | -€79,562 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €93,920 | €14,358 | -€79,562 | -84.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.