DEBACKER: 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.
DEBACKER
Largest movements
- Tangible fixed assets +€75,872
up €75,872 (+700%), from €10,840 to €86,712
of which Leasing and similar rights: +€69,414
- Receivables within one year +€40,328
up €40,328 (+22.2%), from €181,436 to €221,764
of which Other amounts receivable: +€44,293
- Other debts +€182,025
up €182,025 (+276%), from €66,000 to €248,025
- Reserves -€84,525
down €84,525 (-12.8%), from €661,976 to €577,451
- Debts after one year +€34,271
up €34,271 (+83.7%), from €40,945 to €75,216
- Gross operating margin +€19,619
up €19,619 (+8.5%), from €231,640 to €251,259
- Depreciation -€8,722
down €8,722 (-50.8%), from €17,162 to €8,440
- Taxes +€6,853
up €6,853 (+10.6%), from €64,427 to €71,280
- Other operating charges +€2,964
up €2,964 (+126%), from €2,356 to €5,320
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 | €1,147,516 | €1,275,316 | +€127,800 | +11.1% |
| Fixed assets | 21/28 | €10,840 | €86,712 | +€75,872 | +700% |
| Tangible fixed assets | 22/27 | €10,840 | €86,712 | +€75,872 | +700% |
| Plant, machinery and equipment | 23 | €3,297 | €1,896 | -€1,401 | -42.5% |
| Furniture and vehicles | 24 | €3,897 | €11,756 | +€7,859 | +202% |
| Leasing and similar rights | 25 | €3,646 | €73,060 | +€69,414 | +1,904% |
| Current assets | 29/58 | €1,136,676 | €1,188,604 | +€51,928 | +4.6% |
| Amounts receivable within one year | 40/41 | €181,436 | €221,764 | +€40,328 | +22.2% |
| Trade receivables | 40 | €4,179 | €214 | -€3,965 | -94.9% |
| Other amounts receivable | 41 | €177,257 | €221,550 | +€44,293 | +25.0% |
| Current investments | 50/53 | €84,450 | €85,344 | +€894 | +1.1% |
| Cash at bank and in hand | 54/58 | €861,097 | €871,433 | +€10,336 | +1.2% |
| Deferred charges and accrued income | 490/1 | €9,693 | €10,063 | +€370 | +3.8% |
| Total equity and liabilities | 10/49 | €1,147,516 | €1,275,316 | +€127,800 | +11.1% |
| Equity | 10/15 | €992,806 | €908,510 | -€84,296 | -8.5% |
| Contributions | 10/11 | €303,600 | €303,600 | = | 0.0% |
| Revaluation surpluses | 12 | €11 | €11 | = | 0.0% |
| Reserves | 13 | €661,976 | €577,451 | -€84,525 | -12.8% |
| Distributable reserves | 133 | €661,976 | €577,451 | -€84,525 | -12.8% |
| Profit (loss) carried forward | 14 | €27,219 | €27,448 | +€229 | +0.8% |
| Amounts payable | 17/49 | €154,710 | €366,806 | +€212,096 | +137% |
| Amounts payable after more than one year | 17 | €40,945 | €75,216 | +€34,271 | +83.7% |
| Financial debts | 170/4 | €40,945 | €75,216 | +€34,271 | +83.7% |
| Amounts payable within one year | 42/48 | €111,869 | €291,590 | +€179,721 | +161% |
| Current portion of amounts payable after more than one year | 42 | €32,642 | €26,158 | -€6,484 | -19.9% |
| Trade debts | 44 | €5,070 | €12,364 | +€7,294 | +144% |
| Suppliers | 440/4 | €5,070 | €12,364 | +€7,294 | +144% |
| Taxes, remuneration and social security | 45 | €8,157 | €5,043 | -€3,114 | -38.2% |
| Taxes | 450/3 | €8,157 | €5,043 | -€3,114 | -38.2% |
| Other amounts payable | 47/48 | €66,000 | €248,025 | +€182,025 | +276% |
| Accrued charges and deferred income | 492/3 | €1,896 | - | -€1,896 | |
| Non-recurring operating income | 76A | €1,132 | €27,092 | +€25,960 | +2,293% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,162 | €8,440 | -€8,722 | -50.8% |
| Other operating charges | 640/8 | €2,356 | €5,320 | +€2,964 | +126% |
| Gross operating margin | 9900 | €231,640 | €251,259 | +€19,619 | +8.5% |
| Operating profit (loss) | 9901 | €212,122 | €237,499 | +€25,377 | +12.0% |
| Financial income | 75/76B | €990 | €1,355 | +€365 | +36.9% |
| Recurring financial income | 75 | €990 | €1,355 | +€365 | +36.9% |
| Financial charges | 65/66B | €3,884 | €3,845 | -€39 | -1.0% |
| Recurring financial charges | 65 | €3,884 | €3,845 | -€39 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €209,228 | €235,009 | +€25,781 | +12.3% |
| Income taxes | 67/77 | €64,427 | €71,280 | +€6,853 | +10.6% |
| Profit (loss) for the period | 9904 | €144,801 | €163,729 | +€18,928 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €144,801 | €163,729 | +€18,928 | +13.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.