DEB: 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.
DEB
Largest movements
- Tangible fixed assets -€8,288
down €8,288 (-8.5%), from €96,989 to €88,701
of which Land and buildings: -€7,000
- Cash +€7,069
up €7,069 (+1196.0%), from €591 to €7,660
mainly Depreciation (+€8,288) and Net result for the year (+€2,786)
- Debts after one year -€4,441
down €4,441 (-66.0%), from €6,725 to €2,284
- Profit (loss) carried forward +€2,786
up €2,786 (+3.9%), from -€71,433 to -€68,647
- Gross operating margin +€3,011
up €3,011 (+29.8%), from €10,121 to €13,132
- Financial income -€224
no longer reported in 2025 (was €224)
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 | €112,452 | €110,190 | -€2,261 | -2.0% |
| Fixed assets | 21/28 | €96,989 | €88,701 | -€8,288 | -8.5% |
| Tangible fixed assets | 22/27 | €96,989 | €88,701 | -€8,288 | -8.5% |
| Land and buildings | 22 | €89,343 | €82,343 | -€7,000 | -7.8% |
| Other tangible fixed assets | 26 | €7,646 | €6,358 | -€1,288 | -16.8% |
| Current assets | 29/58 | €15,463 | €21,489 | +€6,027 | +39.0% |
| Amounts receivable after more than one year | 29 | €7,697 | €7,697 | = | 0.0% |
| Trade receivables | 290 | €7,697 | €7,697 | = | 0.0% |
| Stocks and contracts in progress | 3 | €25 | €62 | +€36 | +142.9% |
| Stocks | 30/36 | €25 | €62 | +€36 | +142.9% |
| Amounts receivable within one year | 40/41 | €7,150 | €6,071 | -€1,079 | -15.1% |
| Trade receivables | 40 | €384 | - | -€384 | |
| Other amounts receivable | 41 | €6,765 | €6,071 | -€694 | -10.3% |
| Cash at bank and in hand | 54/58 | €591 | €7,660 | +€7,069 | +1196.0% |
| Total equity and liabilities | 10/49 | €112,452 | €110,190 | -€2,261 | -2.0% |
| Equity | 10/15 | €98,567 | €101,353 | +€2,786 | +2.8% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Capital | 10 | €170,000 | €170,000 | = | 0.0% |
| Issued capital | 100 | €170,000 | €170,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,433 | -€68,647 | +€2,786 | +3.9% |
| Amounts payable | 17/49 | €13,885 | €8,837 | -€5,048 | -36.4% |
| Amounts payable after more than one year | 17 | €6,725 | €2,284 | -€4,441 | -66.0% |
| Financial debts | 170/4 | €6,725 | €2,284 | -€4,441 | -66.0% |
| Amounts payable within one year | 42/48 | €7,160 | €6,553 | -€607 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €4,275 | €4,441 | +€166 | +3.9% |
| Trade debts | 44 | €365 | €391 | +€26 | +7.1% |
| Suppliers | 440/4 | €365 | €391 | +€26 | +7.1% |
| Taxes, remuneration and social security | 45 | €2,472 | €1,673 | -€799 | -32.3% |
| Taxes | 450/3 | €2,472 | €1,673 | -€799 | -32.3% |
| Other amounts payable | 47/48 | €49 | €49 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,288 | €8,288 | = | 0.0% |
| Other operating charges | 640/8 | €1,105 | €1,140 | +€35 | +3.2% |
| Non-recurring operating charges | 66A | €50 | €150 | +€100 | +200.0% |
| Gross operating margin | 9900 | €10,121 | €13,132 | +€3,011 | +29.8% |
| Operating profit (loss) | 9901 | €678 | €3,553 | +€2,876 | +424.4% |
| Financial income | 75/76B | €224 | - | -€224 | |
| Recurring financial income | 75 | €224 | - | -€224 | |
| Financial charges | 65/66B | €868 | €767 | -€101 | -11.6% |
| Recurring financial charges | 65 | €868 | €767 | -€101 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €33 | €2,786 | +€2,753 | +8239.9% |
| Profit (loss) for the period | 9904 | €33 | €2,786 | +€2,753 | +8239.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33 | €2,786 | +€2,753 | +8239.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.