DEBAENE: 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.
DEBAENE
Largest movements
- Stocks and contracts -€287,067
down €287,067 (-25.9%), from €1.1m to €820,920
- Cash +€170,093
up €170,093 (+49.5%), from €343,457 to €513,550
mainly Stocks and contracts (+€287,067) and Net result for the year (+€226,048)
- Receivables within one year -€120,108
down €120,108 (-35.9%), from €334,372 to €214,264
of which Trade receivables: -€61,519
- Trade debts -€289,020
down €289,020 (-83.8%), from €344,951 to €55,931
- Reserves +€70,045
up €70,045 (+4.8%), from €1.4m to €1.5m
- Debts after one year -€52,477
down €52,477 (-20.3%), from €258,532 to €206,055
- Other debts +€33,715
up €33,715 (+10.6%), from €318,271 to €351,986
- Gross operating margin -€48,493
down €48,493 (-7.0%), from €692,253 to €643,760
- Staff costs +€31,044
up €31,044 (+28.2%), from €110,062 to €141,105
- Taxes -€26,685
down €26,685 (-21.5%), from €124,054 to €97,370
- Depreciation +€9,641
up €9,641 (+7.0%), from €137,016 to €146,657
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,483,597 | €2,248,235 | -€235,362 | -9.5% |
| Fixed assets | 21/28 | €688,504 | €687,799 | -€705 | -0.1% |
| Tangible fixed assets | 22/27 | €688,504 | €687,799 | -€705 | -0.1% |
| Land and buildings | 22 | €306,081 | €271,251 | -€34,830 | -11.4% |
| Plant, machinery and equipment | 23 | €204,621 | €265,323 | +€60,702 | +29.7% |
| Furniture and vehicles | 24 | €177,802 | €151,225 | -€26,577 | -14.9% |
| Current assets | 29/58 | €1,795,093 | €1,560,436 | -€234,657 | -13.1% |
| Stocks and contracts in progress | 3 | €1,107,987 | €820,920 | -€287,067 | -25.9% |
| Stocks | 30/36 | €1,107,987 | €820,920 | -€287,067 | -25.9% |
| Amounts receivable within one year | 40/41 | €334,372 | €214,264 | -€120,108 | -35.9% |
| Trade receivables | 40 | €261,953 | €200,434 | -€61,519 | -23.5% |
| Other amounts receivable | 41 | €72,419 | €13,830 | -€58,588 | -80.9% |
| Cash at bank and in hand | 54/58 | €343,457 | €513,550 | +€170,093 | +49.5% |
| Deferred charges and accrued income | 490/1 | €9,278 | €11,703 | +€2,425 | +26.1% |
| Total equity and liabilities | 10/49 | €2,483,597 | €2,248,235 | -€235,362 | -9.5% |
| Equity | 10/15 | €1,475,746 | €1,545,793 | +€70,048 | +4.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,444,771 | €1,514,816 | +€70,045 | +4.8% |
| Distributable reserves | 133 | €1,444,771 | €1,514,816 | +€70,045 | +4.8% |
| Profit (loss) carried forward | 14 | €975 | €977 | +€3 | +0.3% |
| Amounts payable | 17/49 | €1,007,852 | €702,442 | -€305,410 | -30.3% |
| Amounts payable after more than one year | 17 | €258,532 | €206,055 | -€52,477 | -20.3% |
| Financial debts | 170/4 | €258,532 | €206,055 | -€52,477 | -20.3% |
| Amounts payable within one year | 42/48 | €744,121 | €491,301 | -€252,820 | -34.0% |
| Current portion of amounts payable after more than one year | 42 | €52,257 | €52,477 | +€220 | +0.4% |
| Financial debts | 43 | €10,159 | €16,904 | +€6,745 | +66.4% |
| Credit institutions | 430/8 | €10,159 | €16,904 | +€6,745 | +66.4% |
| Trade debts | 44 | €344,951 | €55,931 | -€289,020 | -83.8% |
| Suppliers | 440/4 | €344,951 | €55,931 | -€289,020 | -83.8% |
| Taxes, remuneration and social security | 45 | €18,483 | €14,003 | -€4,479 | -24.2% |
| Taxes | 450/3 | €7,634 | €7,362 | -€272 | -3.6% |
| Remuneration and social security | 454/9 | €10,849 | €6,642 | -€4,207 | -38.8% |
| Other amounts payable | 47/48 | €318,271 | €351,986 | +€33,715 | +10.6% |
| Accrued charges and deferred income | 492/3 | €5,198 | €5,085 | -€113 | -2.2% |
| Non-recurring operating income | 76A | €59,292 | €32,029 | -€27,263 | -46.0% |
| Remuneration, social security and pensions | 62 | €110,062 | €141,105 | +€31,044 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,016 | €146,657 | +€9,641 | +7.0% |
| Other operating charges | 640/8 | €4,081 | €4,174 | +€93 | +2.3% |
| Gross operating margin | 9900 | €692,253 | €643,760 | -€48,493 | -7.0% |
| Operating profit (loss) | 9901 | €441,094 | €351,824 | -€89,271 | -20.2% |
| Financial income | 75/76B | €649 | €480 | -€168 | -26.0% |
| Recurring financial income | 75 | €649 | €480 | -€168 | -26.0% |
| Financial charges | 65/66B | €30,542 | €28,886 | -€1,656 | -5.4% |
| Recurring financial charges | 65 | €30,542 | €28,886 | -€1,656 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €411,201 | €323,418 | -€87,784 | -21.3% |
| Income taxes | 67/77 | €124,054 | €97,370 | -€26,685 | -21.5% |
| Profit (loss) for the period | 9904 | €287,147 | €226,048 | -€61,099 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €287,147 | €226,048 | -€61,099 | -21.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.