DEBA SQUARE: 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 SQUARE
Largest movements
- Cash -€53,732
down €53,732 (-10.2%), from €526,540 to €472,808
mainly Other debts (-€371,039) and Investment in fixed assets (net) (-€109,358)
- Receivables within one year -€40,125
down €40,125 (-7.1%), from €567,933 to €527,808
of which Trade receivables: -€56,548
- Financial fixed assets +€17,676
up €17,676 (+13.1%), from €134,634 to €152,309
- Other debts -€371,039
down €371,039 (-97.7%), from €379,630 to €8,591
- Profit (loss) carried forward +€222,084
up €222,084 (+124.8%), from €177,909 to €399,993
- Tax, wage and social debts +€168,171
up €168,171 (+88.7%), from €189,587 to €357,758
of which Taxes: +€172,545
- Trade debts -€72,300
down €72,300 (-19.4%), from €372,296 to €299,996
- Gross operating margin +€244,604
up €244,604 (+13.0%), from €1.9m to €2.1m
- Taxes +€198,471
up €198,471 (+222.0%), from €89,406 to €287,877
- Other operating charges +€79,285
up €79,285 (+15.4%), from €516,024 to €595,309
- Staff costs -€36,460
down €36,460 (-3.8%), from €956,478 to €920,018
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,428,548 | €1,375,463 | -€53,085 | -3.7% |
| Fixed assets | 21/28 | €324,552 | €351,139 | +€26,587 | +8.2% |
| Intangible fixed assets | 21 | - | €5,825 | +€5,825 | |
| Tangible fixed assets | 22/27 | €189,918 | €193,004 | +€3,086 | +1.6% |
| Plant, machinery and equipment | 23 | €4,174 | €1,494 | -€2,680 | -64.2% |
| Furniture and vehicles | 24 | €47,709 | €32,050 | -€15,659 | -32.8% |
| Other tangible fixed assets | 26 | €138,035 | €159,460 | +€21,425 | +15.5% |
| Financial fixed assets | 28 | €134,634 | €152,309 | +€17,676 | +13.1% |
| Current assets | 29/58 | €1,103,996 | €1,024,324 | -€79,672 | -7.2% |
| Amounts receivable within one year | 40/41 | €567,933 | €527,808 | -€40,125 | -7.1% |
| Trade receivables | 40 | €114,981 | €58,432 | -€56,548 | -49.2% |
| Other amounts receivable | 41 | €452,953 | €469,375 | +€16,423 | +3.6% |
| Cash at bank and in hand | 54/58 | €526,540 | €472,808 | -€53,732 | -10.2% |
| Deferred charges and accrued income | 490/1 | €9,522 | €23,708 | +€14,186 | +149.0% |
| Total equity and liabilities | 10/49 | €1,428,548 | €1,375,463 | -€53,085 | -3.7% |
| Equity | 10/15 | €487,035 | €709,118 | +€222,084 | +45.6% |
| Contributions | 10/11 | €233,750 | €233,750 | = | 0.0% |
| Capital | 10 | €233,750 | €233,750 | = | 0.0% |
| Issued capital | 100 | €233,750 | €233,750 | = | 0.0% |
| Reserves | 13 | €75,375 | €75,375 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,375 | €23,375 | = | 0.0% |
| Legal reserve | 130 | €23,375 | €23,375 | = | 0.0% |
| Distributable reserves | 133 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,909 | €399,993 | +€222,084 | +124.8% |
| Amounts payable | 17/49 | €941,513 | €666,345 | -€275,168 | -29.2% |
| Amounts payable within one year | 42/48 | €941,513 | €666,345 | -€275,168 | -29.2% |
| Trade debts | 44 | €372,296 | €299,996 | -€72,300 | -19.4% |
| Suppliers | 440/4 | €372,296 | €299,996 | -€72,300 | -19.4% |
| Taxes, remuneration and social security | 45 | €189,587 | €357,758 | +€168,171 | +88.7% |
| Taxes | 450/3 | €115,798 | €288,344 | +€172,545 | +149.0% |
| Remuneration and social security | 454/9 | €73,789 | €69,414 | -€4,375 | -5.9% |
| Other amounts payable | 47/48 | €379,630 | €8,591 | -€371,039 | -97.7% |
| Non-recurring operating income | 76A | €7,000 | €22,728 | +€15,728 | +224.7% |
| Remuneration, social security and pensions | 62 | €956,478 | €920,018 | -€36,460 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,841 | €82,771 | +€18,930 | +29.7% |
| Other operating charges | 640/8 | €516,024 | €595,309 | +€79,285 | +15.4% |
| Non-recurring operating charges | 66A | €1,560 | - | -€1,560 | |
| Gross operating margin | 9900 | €1,877,905 | €2,122,509 | +€244,604 | +13.0% |
| Operating profit (loss) | 9901 | €340,002 | €524,412 | +€184,410 | +54.2% |
| Financial income | 75/76B | €11,689 | €7,310 | -€4,379 | -37.5% |
| Recurring financial income | 75 | €11,689 | €7,310 | -€4,379 | -37.5% |
| Financial charges | 65/66B | €25,294 | €21,761 | -€3,534 | -14.0% |
| Recurring financial charges | 65 | €25,294 | €21,761 | -€3,534 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €326,397 | €509,961 | +€183,565 | +56.2% |
| Income taxes | 67/77 | €89,406 | €287,877 | +€198,471 | +222.0% |
| Profit (loss) for the period | 9904 | €236,991 | €222,084 | -€14,907 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €236,991 | €222,084 | -€14,907 | -6.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.