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
- Cash +€423,886
up €423,886 (+418.2%), from €101,361 to €525,247
mainly Current investments (+€328,109) and Net result for the year (+€100,345)
- Current investments -€328,109
down €328,109 (-49.0%), from €670,000 to €341,891
- Receivables within one year +€21,255
up €21,255 (+55.2%), from €38,486 to €59,741
of which Trade receivables: +€27,075
- Profit (loss) carried forward +€100,344
up €100,344 (+9.0%), from €1.1m to €1.2m
- Gross operating margin +€40,577
up €40,577 (+26.0%), from €155,986 to €196,563
- Financial charges +€17,687
up €17,687 (+167.6%), from €10,555 to €28,242
- Staff costs -€12,773
down €12,773 (-33.2%), from €38,493 to €25,720
- Financial income +€12,096
up €12,096 (+54.0%), from €22,393 to €34,489
- Taxes +€10,618
up €10,618 (+58.4%), from €18,190 to €28,808
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 | €1,158,713 | €1,269,138 | +€110,425 | +9.5% |
| Fixed assets | 21/28 | €272,347 | €270,200 | -€2,147 | -0.8% |
| Tangible fixed assets | 22/27 | €272,172 | €270,025 | -€2,147 | -0.8% |
| Land and buildings | 22 | €254,892 | €255,414 | +€522 | +0.2% |
| Plant, machinery and equipment | 23 | €5,218 | €508 | -€4,710 | -90.3% |
| Furniture and vehicles | 24 | €12,062 | €14,103 | +€2,041 | +16.9% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €886,366 | €998,938 | +€112,572 | +12.7% |
| Stocks and contracts in progress | 3 | €62,933 | €66,424 | +€3,491 | +5.5% |
| Stocks | 30/36 | €62,933 | €66,424 | +€3,491 | +5.5% |
| Amounts receivable within one year | 40/41 | €38,486 | €59,741 | +€21,255 | +55.2% |
| Trade receivables | 40 | €29,002 | €56,077 | +€27,075 | +93.4% |
| Other amounts receivable | 41 | €9,484 | €3,664 | -€5,820 | -61.4% |
| Current investments | 50/53 | €670,000 | €341,891 | -€328,109 | -49.0% |
| Cash at bank and in hand | 54/58 | €101,361 | €525,247 | +€423,886 | +418.2% |
| Deferred charges and accrued income | 490/1 | €13,586 | €5,635 | -€7,951 | -58.5% |
| Total equity and liabilities | 10/49 | €1,158,713 | €1,269,138 | +€110,425 | +9.5% |
| Equity | 10/15 | €1,141,138 | €1,241,482 | +€100,344 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,120,678 | €1,221,022 | +€100,344 | +9.0% |
| Amounts payable | 17/49 | €17,575 | €27,656 | +€10,081 | +57.4% |
| Amounts payable within one year | 42/48 | €17,575 | €27,576 | +€10,001 | +56.9% |
| Trade debts | 44 | €7,235 | €6,892 | -€343 | -4.7% |
| Suppliers | 440/4 | €7,235 | €6,892 | -€343 | -4.7% |
| Taxes, remuneration and social security | 45 | €10,340 | €17,103 | +€6,763 | +65.4% |
| Taxes | 450/3 | €5,570 | €16,618 | +€11,048 | +198.3% |
| Remuneration and social security | 454/9 | €4,770 | €485 | -€4,285 | -89.8% |
| Other amounts payable | 47/48 | - | €3,581 | +€3,581 | |
| Accrued charges and deferred income | 492/3 | - | €80 | +€80 | |
| Remuneration, social security and pensions | 62 | €38,493 | €25,720 | -€12,773 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,260 | €26,536 | +€2,276 | +9.4% |
| Other operating charges | 640/8 | €16,451 | €21,401 | +€4,950 | +30.1% |
| Gross operating margin | 9900 | €155,986 | €196,563 | +€40,577 | +26.0% |
| Operating profit (loss) | 9901 | €76,782 | €122,906 | +€46,124 | +60.1% |
| Financial income | 75/76B | €22,393 | €34,489 | +€12,096 | +54.0% |
| Recurring financial income | 75 | €22,393 | €34,489 | +€12,096 | +54.0% |
| Financial charges | 65/66B | €10,555 | €28,242 | +€17,687 | +167.6% |
| Recurring financial charges | 65 | €10,555 | €28,242 | +€17,687 | +167.6% |
| Profit (loss) for the period before taxes | 9903 | €88,620 | €129,153 | +€40,533 | +45.7% |
| Income taxes | 67/77 | €18,190 | €28,808 | +€10,618 | +58.4% |
| Profit (loss) for the period | 9904 | €70,430 | €100,345 | +€29,915 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,430 | €100,345 | +€29,915 | +42.5% |
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 28 September 2026 via checked.be.