DE BUE: 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.
DE BUE
Largest movements
- Receivables within one year +€91,942
up €91,942 (+386.1%), from €23,810 to €115,752
of which Other amounts receivable: +€81,607
- Cash -€33,920
down €33,920 (-58.7%), from €57,790 to €23,870
mainly Other debts (-€147,713) and Receivables within one year (-€91,942)
- Deferred charges and accrued income -€8,074
down €8,074 (-93.8%), from €8,605 to €532
- Tangible fixed assets -€6,168
down €6,168 (-37.2%), from €16,582 to €10,415
of which Other tangible fixed assets: -€6,133
- Stocks and contracts -€4,683
down €4,683 (-46.5%), from €10,079 to €5,396
- Other debts -€147,713
down €147,713 (-100.0%), from €147,713 to €0
- Profit (loss) carried forward +€142,735
up €142,735 (+77.7%), from -€183,789 to -€41,055
- Tax, wage and social debts +€37,731
up €37,731 (+37.1%), from €101,795 to €139,525
of which Remuneration and social security: +€35,514
- Trade debts +€4,624
up €4,624 (+19.9%), from €23,272 to €27,896
- Accrued charges and deferred income +€1,735
up €1,735 (+20.1%), from €8,611 to €10,346
- Gross operating margin -€92,745
down €92,745 (-14.7%), from €631,923 to €539,178
- Taxes -€67,432
down €67,432 (-95.6%), from €70,541 to €3,109
- Other operating charges +€31,885
up €31,885 (+23957.5%), from €133 to €32,018
- Staff costs -€22,726
down €22,726 (-6.1%), from €375,193 to €352,468
- Financial charges +€6,812
up €6,812, from -€2,473 to €4,340
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 | €118,066 | €157,164 | +€39,098 | +33.1% |
| Fixed assets | 21/28 | €17,782 | €11,614 | -€6,168 | -34.7% |
| Tangible fixed assets | 22/27 | €16,582 | €10,415 | -€6,168 | -37.2% |
| Plant, machinery and equipment | 23 | €1,774 | €1,096 | -€678 | -38.2% |
| Furniture and vehicles | 24 | - | €644 | +€644 | |
| Other tangible fixed assets | 26 | €14,808 | €8,675 | -€6,133 | -41.4% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €100,284 | €145,550 | +€45,266 | +45.1% |
| Stocks and contracts in progress | 3 | €10,079 | €5,396 | -€4,683 | -46.5% |
| Stocks | 30/36 | €10,079 | €5,396 | -€4,683 | -46.5% |
| Amounts receivable within one year | 40/41 | €23,810 | €115,752 | +€91,942 | +386.1% |
| Trade receivables | 40 | €1,960 | €12,295 | +€10,335 | +527.2% |
| Other amounts receivable | 41 | €21,850 | €103,457 | +€81,607 | +373.5% |
| Cash at bank and in hand | 54/58 | €57,790 | €23,870 | -€33,920 | -58.7% |
| Deferred charges and accrued income | 490/1 | €8,605 | €532 | -€8,074 | -93.8% |
| Total equity and liabilities | 10/49 | €118,066 | €157,164 | +€39,098 | +33.1% |
| Equity | 10/15 | -€163,338 | -€20,603 | +€142,735 | +87.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,789 | -€41,055 | +€142,735 | +77.7% |
| Amounts payable | 17/49 | €281,404 | €177,768 | -€103,637 | -36.8% |
| Amounts payable within one year | 42/48 | €272,793 | €167,421 | -€105,372 | -38.6% |
| Financial debts | 43 | €13 | €0 | -€13 | -100.0% |
| Credit institutions | 430/8 | €13 | €0 | -€13 | -100.0% |
| Trade debts | 44 | €23,272 | €27,896 | +€4,624 | +19.9% |
| Suppliers | 440/4 | €23,272 | €27,896 | +€4,624 | +19.9% |
| Taxes, remuneration and social security | 45 | €101,795 | €139,525 | +€37,731 | +37.1% |
| Taxes | 450/3 | €89,563 | €91,780 | +€2,217 | +2.5% |
| Remuneration and social security | 454/9 | €12,231 | €47,746 | +€35,514 | +290.4% |
| Other amounts payable | 47/48 | €147,713 | €0 | -€147,713 | -100.0% |
| Accrued charges and deferred income | 492/3 | €8,611 | €10,346 | +€1,735 | +20.1% |
| Non-recurring operating income | 76A | - | €132,973 | +€132,973 | |
| Remuneration, social security and pensions | 62 | €375,193 | €352,468 | -€22,726 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,811 | €7,070 | +€259 | +3.8% |
| Other operating charges | 640/8 | €133 | €32,018 | +€31,885 | +23957.5% |
| Gross operating margin | 9900 | €631,923 | €539,178 | -€92,745 | -14.7% |
| Operating profit (loss) | 9901 | €249,785 | €147,622 | -€102,163 | -40.9% |
| Financial income | 75/76B | €310 | €647 | +€337 | +108.8% |
| Recurring financial income | 75 | €310 | €647 | +€337 | +108.8% |
| Financial charges | 65/66B | -€2,473 | €4,340 | +€6,812 | |
| Recurring financial charges | 65 | -€2,473 | €4,340 | +€6,812 | |
| Profit (loss) for the period before taxes | 9903 | €252,567 | €143,929 | -€108,638 | -43.0% |
| Income taxes | 67/77 | €70,541 | €3,109 | -€67,432 | -95.6% |
| Profit (loss) for the period | 9904 | €182,027 | €140,820 | -€41,206 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €182,027 | €140,820 | -€41,206 | -22.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.