DEBA-LINE: what changed
Two financial 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-LINE
Largest movements
- Tangible fixed assets +€224,160
up €224,160 (+21.0%), from €1.1m to €1.3m
of which Furniture and vehicles: +€236,812
- Current investments -€90,000
down €90,000 (-54.5%), from €165,000 to €75,000
- Cash -€41,252
down €41,252 (-43.4%), from €95,067 to €53,814
mainly Investment in fixed assets (net) (-€361,679) and Other debts (-€77,728)
- Reserves +€143,886
up €143,886 (+19.9%), from €722,084 to €865,970
of which Tax-exempt reserves: +€97,208
- Other debts -€77,728
down €77,728 (-73.9%), from €105,114 to €27,386
- Debts after one year +€28,491
up €28,491 (+6.8%), from €417,725 to €446,216
of which Financial debts: +€28,491
- Tax, wage and social debts -€25,677
down €25,677 (-45.1%), from €56,993 to €31,316
of which Taxes: -€22,291
- Gross operating margin +€89,751
up €89,751 (+22.0%), from €408,866 to €498,617
- Staff costs -€13,075
down €13,075 (-9.4%), from €139,435 to €126,360
- Financial charges -€5,143
down €5,143 (-45.3%), from €11,356 to €6,214
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.
Derived cash bridge
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 | €1,494,406 | €1,576,130 | +€81,724 | +5.5% |
| Fixed assets | 21/28 | €1,100,553 | €1,327,555 | +€227,002 | +20.6% |
| Intangible fixed assets | 21 | - | €2,842 | +€2,842 | |
| Tangible fixed assets | 22/27 | €1,067,053 | €1,291,213 | +€224,160 | +21.0% |
| Land and buildings | 22 | €760,927 | €749,070 | -€11,857 | -1.6% |
| Plant, machinery and equipment | 23 | €1,525 | €729 | -€795 | -52.2% |
| Furniture and vehicles | 24 | €304,601 | €541,414 | +€236,812 | +77.7% |
| Financial fixed assets | 28 | €33,500 | €33,500 | = | 0.0% |
| Current assets | 29/58 | €393,853 | €248,575 | -€145,278 | -36.9% |
| Amounts receivable within one year | 40/41 | €126,622 | €112,814 | -€13,808 | -10.9% |
| Trade receivables | 40 | €125,132 | €105,382 | -€19,750 | -15.8% |
| Other amounts receivable | 41 | €1,490 | €7,432 | +€5,942 | +399% |
| Current investments | 50/53 | €165,000 | €75,000 | -€90,000 | -54.5% |
| Cash at bank and in hand | 54/58 | €95,067 | €53,814 | -€41,252 | -43.4% |
| Deferred charges and accrued income | 490/1 | €7,164 | €6,946 | -€218 | -3.0% |
| Total equity and liabilities | 10/49 | €1,494,406 | €1,576,130 | +€81,724 | +5.5% |
| Equity | 10/15 | €774,357 | €918,243 | +€143,886 | +18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €722,084 | €865,970 | +€143,886 | +19.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €234,206 | €331,414 | +€97,208 | +41.5% |
| Distributable reserves | 133 | €487,878 | €534,556 | +€46,678 | +9.6% |
| Profit (loss) carried forward | 14 | €33,674 | €33,674 | = | 0.0% |
| Amounts payable | 17/49 | €720,048 | €657,886 | -€62,162 | -8.6% |
| Amounts payable after more than one year | 17 | €417,725 | €446,216 | +€28,491 | +6.8% |
| Financial debts | 170/4 | €364,225 | €392,716 | +€28,491 | +7.8% |
| Other amounts payable | 178/9 | €53,500 | €53,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €301,304 | €211,671 | -€89,633 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €122,690 | €133,551 | +€10,860 | +8.9% |
| Trade debts | 44 | €16,506 | €19,418 | +€2,912 | +17.6% |
| Suppliers | 440/4 | €16,506 | €19,418 | +€2,912 | +17.6% |
| Taxes, remuneration and social security | 45 | €56,993 | €31,316 | -€25,677 | -45.1% |
| Taxes | 450/3 | €48,075 | €25,784 | -€22,291 | -46.4% |
| Remuneration and social security | 454/9 | €8,919 | €5,533 | -€3,386 | -38.0% |
| Other amounts payable | 47/48 | €105,114 | €27,386 | -€77,728 | -73.9% |
| Accrued charges and deferred income | 492/3 | €1,019 | €0 | -€1,019 | -100% |
| Non-recurring operating income | 76A | €0 | €97,208 | +€97,208 | |
| Remuneration, social security and pensions | 62 | €139,435 | €126,360 | -€13,075 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,426 | €134,677 | +€3,251 | +2.5% |
| Other operating charges | 640/8 | €5,676 | €3,763 | -€1,913 | -33.7% |
| Gross operating margin | 9900 | €408,866 | €498,617 | +€89,751 | +22.0% |
| Operating profit (loss) | 9901 | €132,329 | €233,817 | +€101,488 | +76.7% |
| Financial income | 75/76B | €3,040 | €1,239 | -€1,802 | -59.3% |
| Recurring financial income | 75 | €3,040 | €1,239 | -€1,802 | -59.3% |
| Financial charges | 65/66B | €11,356 | €6,214 | -€5,143 | -45.3% |
| Recurring financial charges | 65 | €11,356 | €6,214 | -€5,143 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €124,013 | €228,843 | +€104,829 | +84.5% |
| Income taxes | 67/77 | €33,280 | €31,051 | -€2,229 | -6.7% |
| Profit (loss) for the period | 9904 | €90,734 | €197,792 | +€107,058 | +118% |
| Transfer to tax-exempt reserves | 689 | €0 | €97,208 | +€97,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,734 | €100,584 | +€9,850 | +10.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.