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.
DEBA
Largest movements
- Receivables within one year +€39,905
up €39,905 (+125.1%), from €31,892 to €71,797
of which Other amounts receivable: +€39,905
- Tangible fixed assets -€21,238
down €21,238 (-1.7%), from €1.3m to €1.3m
of which Land and buildings: -€20,528
- Other debts -€524,235
down €524,235 (-63.4%), from €826,754 to €302,519
- Reserves +€396,559
up €396,559 (+127.4%), from €311,337 to €707,896
of which Distributable reserves: +€405,861
- Profit (loss) carried forward +€111,365
no longer reported in 2025 (was -€111,365)
- Tax, wage and social debts +€40,586
new in 2025: €40,586
- Financial income +€587,898
up €587,898 (+62292.5%), from €944 to €588,842
- Taxes +€40,586
new in 2025: €40,586
- Financial charges +€28,297
up €28,297 (+53899.8%), from €53 to €28,350
- Gross operating margin -€11,322
down €11,322 (-29.9%), from €37,827 to €26,506
- Depreciation -€816
down €816 (-2.5%), from €32,554 to €31,738
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 | €1,973,211 | €1,994,328 | +€21,117 | +1.1% |
| Fixed assets | 21/28 | €1,935,102 | €1,913,864 | -€21,238 | -1.1% |
| Tangible fixed assets | 22/27 | €1,277,102 | €1,255,864 | -€21,238 | -1.7% |
| Land and buildings | 22 | €1,271,624 | €1,251,096 | -€20,528 | -1.6% |
| Plant, machinery and equipment | 23 | €5,479 | €4,768 | -€711 | -13.0% |
| Financial fixed assets | 28 | €658,000 | €658,000 | = | 0.0% |
| Current assets | 29/58 | €38,109 | €80,464 | +€42,355 | +111.1% |
| Amounts receivable within one year | 40/41 | €31,892 | €71,797 | +€39,905 | +125.1% |
| Trade receivables | 40 | €748 | €748 | = | 0.0% |
| Other amounts receivable | 41 | €31,145 | €71,050 | +€39,905 | +128.1% |
| Cash at bank and in hand | 54/58 | €6,217 | €8,667 | +€2,450 | +39.4% |
| Total equity and liabilities | 10/49 | €1,973,211 | €1,994,328 | +€21,117 | +1.1% |
| Equity | 10/15 | €1,057,972 | €1,565,896 | +€507,924 | +48.0% |
| Contributions | 10/11 | €858,000 | €858,000 | = | 0.0% |
| Reserves | 13 | €311,337 | €707,896 | +€396,559 | +127.4% |
| Tax-exempt reserves | 132 | €263,543 | €254,241 | -€9,302 | -3.5% |
| Distributable reserves | 133 | €47,794 | €453,655 | +€405,861 | +849.2% |
| Profit (loss) carried forward | 14 | -€111,365 | - | +€111,365 | |
| Provisions and deferred taxes | 16 | €87,848 | €84,747 | -€3,101 | -3.5% |
| Deferred taxes | 168 | €87,848 | €84,747 | -€3,101 | -3.5% |
| Amounts payable | 17/49 | €827,392 | €343,685 | -€483,707 | -58.5% |
| Amounts payable within one year | 42/48 | €827,392 | €343,685 | -€483,707 | -58.5% |
| Trade debts | 44 | €638 | €580 | -€58 | -9.1% |
| Suppliers | 440/4 | €638 | €580 | -€58 | -9.1% |
| Taxes, remuneration and social security | 45 | - | €40,586 | +€40,586 | |
| Taxes | 450/3 | - | €40,586 | +€40,586 | |
| Other amounts payable | 47/48 | €826,754 | €302,519 | -€524,235 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,554 | €31,738 | -€816 | -2.5% |
| Other operating charges | 640/8 | €9,558 | €9,850 | +€292 | +3.1% |
| Gross operating margin | 9900 | €37,827 | €26,506 | -€11,322 | -29.9% |
| Operating profit (loss) | 9901 | -€4,285 | -€15,082 | -€10,797 | -252.0% |
| Financial income | 75/76B | €944 | €588,842 | +€587,898 | +62292.5% |
| Recurring financial income | 75 | €944 | €588,842 | +€587,898 | +62292.5% |
| Financial charges | 65/66B | €53 | €28,350 | +€28,297 | +53899.8% |
| Recurring financial charges | 65 | €53 | €28,350 | +€28,297 | +53899.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,394 | €545,409 | +€548,803 | |
| Transfer from deferred taxes | 780 | €3,101 | €3,101 | = | 0.0% |
| Income taxes | 67/77 | - | €40,586 | +€40,586 | |
| Profit (loss) for the period | 9904 | -€293 | €507,924 | +€508,217 | |
| Transfer from tax-exempt reserves | 789 | €9,302 | €9,302 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,008 | €517,225 | +€508,217 | +5641.8% |
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 29 September 2026 via checked.be.