DEBAENST: 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.
What changed
DEBAENST
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
financial year 2025 compared with 2023not consecutivefiled annual accounts (NBB)
Net result for the year
€1.5m
2023 · €4.4m-€2.9m
Equity
€21.0m
2023 · €19.6m+€1.4m
Cash
€832,617
2023 · €1.4m-€612,615
Balance sheet total
€29.0m
2023 · €28.3m+€671,385
Largest movements
Assets
- Current investments +€2.8m
up €2.8m (+32.4%), from €8.5m to €11.3m
- Cash -€612,615
down €612,615 (-42.4%), from €1.4m to €832,617
- Receivables within one year -€604,594
down €604,594 (-8.6%), from €7.0m to €6.4m
of which Other amounts receivable: -€625,812
- Tangible fixed assets -€499,689
down €499,689 (-6.6%), from €7.5m to €7.0m
of which Land and buildings: -€1.5m
Equity and liabilities
- Profit (loss) carried forward +€1.5m
up €1.5m (+17.9%), from €8.3m to €9.8m
- Trade debts -€840,242
down €840,242 (-16.3%), from €5.2m to €4.3m
- Accrued charges and deferred income +€310,512
up €310,512 (+325%), from €95,511 to €406,022
- Other debts -€301,831
down €301,831 (-13.3%), from €2.3m to €2.0m
Income statement
- Turnover +€66.1m
up €66.1m (+93.7%), from €70.5m to €136.7m
- Goods and materials +€54.3m
up €54.3m (+94.5%), from €57.5m to €111.7m
of which Purchases: +€53.7m
- Services and other goods +€7.3m
up €7.3m (+89.7%), from €8.1m to €15.4m
- Taxes +€3.1m
up €3.1m, from -€2.6m to €556,556
- Staff costs +€2.7m
up €2.7m (+80.9%), from €3.3m to €6.0m
From the 2023 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.
Result 2023
€4.4m
Turnover
+€66.1m
Other operating income
+€482,491
Goods and materials
-€54.3m
Services and other goods
-€7.3m
Staff costs
-€2.7m
Depreciation
-€1.1m
Other operating charges
-€233,366
Other operating items
-€113,838
Financial income
+€385,502
Financial charges
-€1.1m
Taxes
-€3.1m
Result 2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,322,579 | €28,993,964 | +€671,385 | +2.4% |
| Fixed assets | 21/28 | €8,369,968 | €7,569,954 | -€800,014 | -9.6% |
| Intangible fixed assets | 21 | €13,014 | €0 | -€13,014 | -100% |
| Tangible fixed assets | 22/27 | €7,518,861 | €7,019,172 | -€499,689 | -6.6% |
| Land and buildings | 22 | €6,941,031 | €5,475,862 | -€1.5m | -21.1% |
| Plant, machinery and equipment | 23 | €358,628 | €892,686 | +€534,059 | +149% |
| Furniture and vehicles | 24 | €219,203 | €650,623 | +€431,421 | +197% |
| Financial fixed assets | 28 | €838,094 | €550,782 | -€287,311 | -34.3% |
| Other financial fixed assets | 284/8 | €838,094 | €550,782 | -€287,311 | -34.3% |
| Amounts receivable and cash guarantees | 285/8 | €838,094 | €550,782 | -€287,311 | -34.3% |
| Current assets | 29/58 | €19,952,611 | €21,424,010 | +€1.5m | +7.4% |
| Stocks and contracts in progress | 3 | €2,798,931 | €2,793,796 | -€5,135 | -0.2% |
| Stocks | 30/36 | €2,798,931 | €2,793,796 | -€5,135 | -0.2% |
| Raw materials and consumables | 30/31 | €297,190 | €431,463 | +€134,273 | +45.2% |
| Finished goods | 33 | €2,501,741 | €2,362,332 | -€139,409 | -5.6% |
| Amounts receivable within one year | 40/41 | €7,024,929 | €6,420,335 | -€604,594 | -8.6% |
| Trade receivables | 40 | €5,928,391 | €5,949,609 | +€21,218 | +0.4% |
| Other amounts receivable | 41 | €1,096,538 | €470,726 | -€625,812 | -57.1% |
| Current investments | 50/53 | €8,500,000 | €11,250,000 | +€2.8m | +32.4% |
| Other investments | 51/53 | €8,500,000 | €11,250,000 | +€2.8m | +32.4% |
| Cash at bank and in hand | 54/58 | €1,445,232 | €832,617 | -€612,615 | -42.4% |
| Deferred charges and accrued income | 490/1 | €183,519 | €127,263 | -€56,256 | -30.7% |
| Total equity and liabilities | 10/49 | €28,322,579 | €28,993,964 | +€671,385 | +2.4% |
| Equity | 10/15 | €19,566,016 | €21,000,168 | +€1.4m | +7.3% |
| Contributions | 10/11 | €239,750 | €239,750 | = | 0.0% |
| Reserves | 13 | €10,868,092 | €10,867,432 | -€660 | 0.0% |
| Tax-exempt reserves | 132 | €10,718,092 | €7,479,734 | -€3.2m | -30.2% |
| Distributable reserves | 133 | €150,000 | €3,387,698 | +€3.2m | +2,158% |
| Profit (loss) carried forward | 14 | €8,302,467 | €9,784,756 | +€1.5m | +17.9% |
| Investment grants | 15 | €155,707 | €108,230 | -€47,477 | -30.5% |
| Provisions and deferred taxes | 16 | €340 | €0 | -€340 | -100% |
| Deferred taxes | 168 | €340 | €0 | -€340 | -100% |
| Amounts payable | 17/49 | €8,756,223 | €7,993,796 | -€762,426 | -8.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €8,660,712 | €7,587,774 | -€1.1m | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €611,855 | €611,855 | = | 0.0% |
| Trade debts | 44 | €5,155,738 | €4,315,496 | -€840,242 | -16.3% |
| Suppliers | 440/4 | €5,155,738 | €4,315,496 | -€840,242 | -16.3% |
| Taxes, remuneration and social security | 45 | €624,643 | €693,778 | +€69,135 | +11.1% |
| Taxes | 450/3 | €29,708 | €247,222 | +€217,514 | +732% |
| Remuneration and social security | 454/9 | €594,935 | €446,556 | -€148,379 | -24.9% |
| Other amounts payable | 47/48 | €2,268,476 | €1,966,645 | -€301,831 | -13.3% |
| Accrued charges and deferred income | 492/3 | €95,511 | €406,022 | +€310,512 | +325% |
| Operating income | 70/76A | €71,079,097 | €137,576,915 | +€66.5m | +93.6% |
| Turnover | 70 | €70,534,900 | €136,650,316 | +€66.1m | +93.7% |
| Other operating income | 74 | €394,663 | €877,153 | +€482,491 | +122% |
| Non-recurring operating income | 76A | €149,535 | €49,447 | -€100,088 | -66.9% |
| Operating charges | 60/66A | €70,144,910 | €135,756,332 | +€65.6m | +93.5% |
| Goods for resale, raw materials and consumables | 60 | €57,453,516 | €111,736,235 | +€54.3m | +94.5% |
| Purchases | 600/8 | €57,997,701 | €111,731,100 | +€53.7m | +92.6% |
| Change in stocks: decrease (increase) | 609 | -€544,185 | €5,135 | +€549,320 | |
| Services and other goods | 61 | €8,133,750 | €15,430,231 | +€7.3m | +89.7% |
| Remuneration, social security and pensions | 62 | €3,295,905 | €5,963,246 | +€2.7m | +80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,155,566 | €2,273,330 | +€1.1m | +96.7% |
| Other operating charges | 640/8 | €106,173 | €339,539 | +€233,366 | +220% |
| Non-recurring operating charges | 66A | €0 | €13,750 | +€13,750 | |
| Operating profit (loss) | 9901 | €934,187 | €1,820,583 | +€886,396 | +94.9% |
| Financial income | 75/76B | €363,725 | €749,227 | +€385,502 | +106% |
| Recurring financial income | 75 | €363,725 | €749,227 | +€385,502 | +106% |
| Income from financial fixed assets | 750 | €13,047 | €15,775 | +€2,728 | +20.9% |
| Income from current assets | 751 | €295,872 | €684,662 | +€388,791 | +131% |
| Other financial income | 752/9 | €54,806 | €48,789 | -€6,016 | -11.0% |
| Financial charges | 65/66B | -€544,624 | €531,965 | +€1.1m | |
| Recurring financial charges | 65 | -€544,624 | €531,965 | +€1.1m | |
| Debt charges | 650 | €107,348 | €410,429 | +€303,081 | +282% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€1,313,202 | €0 | +€1.3m | |
| Other financial charges | 652/9 | €661,230 | €121,536 | -€539,694 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | €1,842,536 | €2,037,845 | +€195,309 | +10.6% |
| Transfer from deferred taxes | 780 | €340 | €340 | = | 0.0% |
| Income taxes | 67/77 | -€2,559,387 | €556,556 | +€3.1m | |
| Taxes | 670/3 | €242,678 | €556,556 | +€313,878 | +129% |
| Tax adjustments and reversals of tax provisions | 77 | €2,802,065 | €0 | -€2.8m | -100% |
| Profit (loss) for the period | 9904 | €4,402,263 | €1,481,629 | -€2.9m | -66.3% |
| Transfer from tax-exempt reserves | 789 | €660 | €3,238,358 | +€3.2m | +490,560% |
| Profit (loss) for the period to be appropriated | 9905 | €4,402,923 | €4,719,987 | +€317,064 | +7.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 29 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.