DEBAFIN: 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.
DEBAFIN
Largest movements
- Financial fixed assets +€100,002
up €100,002 (+69.4%), from €143,996 to €243,997
- Receivables within one year +€96,235
up €96,235 (+46.8%), from €205,636 to €301,871
of which Other amounts receivable: +€89,254
- Cash +€77,493
up €77,493 (+215.1%), from €36,020 to €113,513
mainly Net result for the year (+€223,635) and Current investments (+€28,136)
- Current investments -€28,136
down €28,136 (-2.5%), from €1.1m to €1.1m
- Reserves +€223,635
up €223,635 (+14.5%), from €1.5m to €1.8m
- Financial income +€228,451
up €228,451 (+185.7%), from €123,017 to €351,468
of which Non-recurring financial income: +€219,700
- Gross operating margin -€48,890
down €48,890 (-5423.4%), from -€901 to -€49,791
- Financial charges +€15,521
up €15,521 (+66.1%), from €23,476 to €38,998
- Taxes +€12,122
up €12,122 (+109.7%), from €11,046 to €23,169
- Other operating charges -€682
down €682 (-20.2%), from €3,384 to €2,701
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.
Cash bridge derived
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 | €1,576,049 | €1,809,831 | +€233,782 | +14.8% |
| Fixed assets | 21/28 | €193,740 | €281,714 | +€87,974 | +45.4% |
| Tangible fixed assets | 22/27 | €49,744 | €37,717 | -€12,027 | -24.2% |
| Plant, machinery and equipment | 23 | €35,688 | €26,329 | -€9,359 | -26.2% |
| Furniture and vehicles | 24 | €6,728 | €5,892 | -€836 | -12.4% |
| Other tangible fixed assets | 26 | €7,328 | €5,496 | -€1,832 | -25.0% |
| Financial fixed assets | 28 | €143,996 | €243,997 | +€100,002 | +69.4% |
| Current assets | 29/58 | €1,382,310 | €1,528,118 | +€145,808 | +10.5% |
| Stocks and contracts in progress | 3 | €2,899 | €2,899 | = | 0.0% |
| Stocks | 30/36 | €2,899 | €2,899 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €205,636 | €301,871 | +€96,235 | +46.8% |
| Trade receivables | 40 | €31,681 | €38,662 | +€6,981 | +22.0% |
| Other amounts receivable | 41 | €173,955 | €263,209 | +€89,254 | +51.3% |
| Current investments | 50/53 | €1,132,135 | €1,103,998 | -€28,136 | -2.5% |
| Cash at bank and in hand | 54/58 | €36,020 | €113,513 | +€77,493 | +215.1% |
| Deferred charges and accrued income | 490/1 | €5,621 | €5,837 | +€216 | +3.8% |
| Total equity and liabilities | 10/49 | €1,576,049 | €1,809,831 | +€233,782 | +14.8% |
| Equity | 10/15 | €1,546,403 | €1,770,038 | +€223,635 | +14.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,539,438 | €1,763,073 | +€223,635 | +14.5% |
| Distributable reserves | 133 | €1,539,438 | €1,763,073 | +€223,635 | +14.5% |
| Profit (loss) carried forward | 14 | €765 | €765 | = | 0.0% |
| Amounts payable | 17/49 | €29,647 | €39,794 | +€10,147 | +34.2% |
| Amounts payable within one year | 42/48 | €28,679 | €38,795 | +€10,116 | +35.3% |
| Trade debts | 44 | €9,087 | €4,848 | -€4,239 | -46.7% |
| Suppliers | 440/4 | €9,087 | €4,848 | -€4,239 | -46.7% |
| Taxes, remuneration and social security | 45 | €19,335 | €33,209 | +€13,874 | +71.8% |
| Taxes | 450/3 | €15,800 | €29,565 | +€13,765 | +87.1% |
| Remuneration and social security | 454/9 | €3,535 | €3,644 | +€109 | +3.1% |
| Other amounts payable | 47/48 | €258 | €739 | +€481 | +186.4% |
| Accrued charges and deferred income | 492/3 | €968 | €998 | +€31 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,661 | €13,174 | -€487 | -3.6% |
| Other operating charges | 640/8 | €3,384 | €2,701 | -€682 | -20.2% |
| Gross operating margin | 9900 | -€901 | -€49,791 | -€48,890 | -5423.4% |
| Operating profit (loss) | 9901 | -€17,946 | -€65,666 | -€47,720 | -265.9% |
| Financial income | 75/76B | €123,017 | €351,468 | +€228,451 | +185.7% |
| Recurring financial income | 75 | €37,217 | €45,968 | +€8,751 | +23.5% |
| Non-recurring financial income | 76B | €85,800 | €305,500 | +€219,700 | +256.1% |
| Financial charges | 65/66B | €23,476 | €38,998 | +€15,521 | +66.1% |
| Recurring financial charges | 65 | €23,476 | €38,998 | +€15,521 | +66.1% |
| Profit (loss) for the period before taxes | 9903 | €81,595 | €246,804 | +€165,209 | +202.5% |
| Income taxes | 67/77 | €11,046 | €23,169 | +€12,122 | +109.7% |
| Profit (loss) for the period | 9904 | €70,549 | €223,635 | +€153,087 | +217.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,549 | €223,635 | +€153,087 | +217.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.