DEBA: 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.
What changed
DEBA
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€598,495
2024 · €564,823+€33,672
Equity
€3.5m
2024 · €3.5m-€1,505
Cash
€2.6m
2024 · €9,588+€2.5m
Balance sheet total
€5.6m
2024 · €6.1m-€561,089
Largest movements
Assets
- Cash +€2.5m
up €2.5m (+26511.0%), from €9,588 to €2.6m
mainly Receivables within one year (+€1.9m) and Stocks and contracts (+€734,206)
- Receivables within one year -€1.9m
down €1.9m (-69.6%), from €2.7m to €825,488
of which Other amounts receivable: -€2.0m
- Stocks and contracts -€734,206
down €734,206 (-27.9%), from €2.6m to €1.9m
- Current investments -€469,000
no longer reported in 2025 (was €469,000)
Equity and liabilities
- Trade debts -€637,490
down €637,490 (-65.8%), from €969,163 to €331,673
- Tax, wage and social debts +€186,700
up €186,700 (+91.2%), from €204,780 to €391,480
of which Taxes: +€214,635
- Advances received -€124,055
down €124,055 (-10.8%), from €1.1m to €1.0m
Income statement
- Turnover -€1.5m
down €1.5m (-21.8%), from €6.8m to €5.3m
- Goods and materials -€920,569
down €920,569 (-23.4%), from €3.9m to €3.0m
of which Purchases: -€1.7m
- Services and other goods -€298,576
down €298,576 (-27.6%), from €1.1m to €781,287
- Staff costs -€212,220
down €212,220 (-20.6%), from €1.0m to €817,703
- Financial income +€159,364
up €159,364 (+475.1%), from €33,544 to €192,908
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.
Result 2024
€564,823
Turnover
-€1.5m
Other operating income
+€4,623
Goods and materials
+€920,569
Services and other goods
+€298,576
Staff costs
+€212,220
Depreciation
+€4,165
Write-downs
-€59,785
Other operating charges
+€94,414
Other operating items
-€8,264
Financial income
+€159,364
Financial charges
-€67,563
Taxes
-€46,328
Result 2025
€598,495
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.
From operations
+€2.7m
Investment
+€388,201
Financing
-€580,783
Cash 2024
€9,588
From operations (derived)
+€2.7m
Net result for the year
+€598,495
Depreciation
+€88,419
Stocks and contracts
+€734,206
Receivables within one year
+€1.9m
Smaller working-capital items
-€4,166
Trade debts
-€637,490
Tax, wage and social debts
+€186,700
Advances received
-€124,055
Investment (derived)
+€388,201
Investment in fixed assets (net)
-€80,799
Current investments
+€469,000
Financing
-€580,783
Debts after one year
-€16,924
Current portion of long-term debt
+€36,141
Contributions, distributions and other
-€600,000
Cash 2025
€2.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,118,235 | €5,557,146 | -€561,089 | -9.2% |
| Fixed assets | 21/28 | €290,727 | €283,108 | -€7,619 | -2.6% |
| Intangible fixed assets | 21 | €142,917 | €98,977 | -€43,940 | -30.7% |
| Tangible fixed assets | 22/27 | €147,405 | €183,726 | +€36,321 | +24.6% |
| Plant, machinery and equipment | 23 | €24,816 | €97,717 | +€72,902 | +293.8% |
| Furniture and vehicles | 24 | €122,589 | €86,009 | -€36,581 | -29.8% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Other financial fixed assets | 284/8 | €405 | €405 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €5,827,508 | €5,274,038 | -€553,470 | -9.5% |
| Stocks and contracts in progress | 3 | €2,630,774 | €1,896,569 | -€734,206 | -27.9% |
| Stocks | 30/36 | €2,630,774 | €1,896,569 | -€734,206 | -27.9% |
| Finished goods | 33 | €3,842 | €3,842 | = | 0.0% |
| Goods purchased for resale | 34 | €2,626,932 | €1,892,726 | -€734,206 | -27.9% |
| Amounts receivable within one year | 40/41 | €2,717,766 | €825,488 | -€1.9m | -69.6% |
| Trade receivables | 40 | €734,000 | €812,554 | +€78,554 | +10.7% |
| Other amounts receivable | 41 | €1,983,765 | €12,934 | -€2.0m | -99.3% |
| Current investments | 50/53 | €469,000 | - | -€469,000 | |
| Other investments | 51/53 | €469,000 | - | -€469,000 | |
| Cash at bank and in hand | 54/58 | €9,588 | €2,551,391 | +€2.5m | +26511.0% |
| Deferred charges and accrued income | 490/1 | €380 | €590 | +€210 | +55.1% |
| Total equity and liabilities | 10/49 | €6,118,235 | €5,557,146 | -€561,089 | -9.2% |
| Equity | 10/15 | €3,521,637 | €3,520,132 | -€1,505 | 0.0% |
| Contributions | 10/11 | €1,000,333 | €1,000,333 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Outside capital | 11 | €333 | €333 | = | 0.0% |
| Share premium | 1100/10 | €333 | €333 | = | 0.0% |
| Reserves | 13 | €410,663 | €410,663 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €310,663 | €310,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,110,642 | €2,109,136 | -€1,505 | -0.1% |
| Amounts payable | 17/49 | €2,596,598 | €2,037,014 | -€559,584 | -21.6% |
| Amounts payable after more than one year | 17 | €46,965 | €30,041 | -€16,924 | -36.0% |
| Financial debts | 170/4 | €46,965 | €30,041 | -€16,924 | -36.0% |
| Credit institutions | 173 | €46,965 | €30,041 | -€16,924 | -36.0% |
| Amounts payable within one year | 42/48 | €2,549,519 | €2,006,973 | -€542,546 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €225,734 | €261,876 | +€36,141 | +16.0% |
| Trade debts | 44 | €969,163 | €331,673 | -€637,490 | -65.8% |
| Suppliers | 440/4 | €969,163 | €331,673 | -€637,490 | -65.8% |
| Advances received on contracts in progress | 46 | €1,144,745 | €1,020,691 | -€124,055 | -10.8% |
| Taxes, remuneration and social security | 45 | €204,780 | €391,480 | +€186,700 | +91.2% |
| Taxes | 450/3 | €58,695 | €273,331 | +€214,635 | +365.7% |
| Remuneration and social security | 454/9 | €146,085 | €118,149 | -€27,936 | -19.1% |
| Other amounts payable | 47/48 | €5,097 | €1,254 | -€3,843 | -75.4% |
| Accrued charges and deferred income | 492/3 | €113 | - | -€113 | |
| Operating income | 70/76A | €6,844,234 | €5,362,272 | -€1.5m | -21.7% |
| Turnover | 70 | €6,778,254 | €5,299,933 | -€1.5m | -21.8% |
| Other operating income | 74 | €57,716 | €62,339 | +€4,623 | +8.0% |
| Non-recurring operating income | 76A | €8,264 | - | -€8,264 | |
| Operating charges | 60/66A | €6,185,727 | €4,715,568 | -€1.5m | -23.8% |
| Goods for resale, raw materials and consumables | 60 | €3,938,431 | €3,017,862 | -€920,569 | -23.4% |
| Purchases | 600/8 | €3,954,255 | €2,283,657 | -€1.7m | -42.2% |
| Change in stocks: decrease (increase) | 609 | -€15,824 | €734,206 | +€750,029 | |
| Services and other goods | 61 | €1,079,864 | €781,287 | -€298,576 | -27.6% |
| Remuneration, social security and pensions | 62 | €1,029,923 | €817,703 | -€212,220 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,584 | €88,419 | -€4,165 | -4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€55,250 | €4,535 | +€59,785 | |
| Other operating charges | 640/8 | €100,176 | €5,762 | -€94,414 | -94.2% |
| Operating profit (loss) | 9901 | €658,506 | €646,704 | -€11,802 | -1.8% |
| Financial income | 75/76B | €33,544 | €192,908 | +€159,364 | +475.1% |
| Recurring financial income | 75 | €33,544 | €192,908 | +€159,364 | +475.1% |
| Income from financial fixed assets | 750 | €32,609 | - | -€32,609 | |
| Income from current assets | 751 | - | €192,000 | +€192,000 | |
| Other financial income | 752/9 | €936 | €908 | -€27 | -2.9% |
| Financial charges | 65/66B | -€53,591 | €13,971 | +€67,563 | |
| Recurring financial charges | 65 | -€53,591 | €13,971 | +€67,563 | |
| Debt charges | 650 | €22,309 | €13,971 | -€8,338 | -37.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€75,900 | - | +€75,900 | |
| Other financial charges | 652/9 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €745,642 | €825,641 | +€79,999 | +10.7% |
| Income taxes | 67/77 | €180,819 | €227,146 | +€46,328 | +25.6% |
| Taxes | 670/3 | €180,819 | €227,146 | +€46,328 | +25.6% |
| Profit (loss) for the period | 9904 | €564,823 | €598,495 | +€33,672 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €564,823 | €598,495 | +€33,672 | +6.0% |
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 6 October 2026 via checked.be.