DEBAN: 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.
DEBAN
Largest movements
- Cash +€2.4m
up €2.4m (+4450.8%), from €53,325 to €2.4m
mainly Current investments (+€1.9m) and Other debts (+€1.8m)
- Current investments -€1.9m
down €1.9m (-95.0%), from €2.0m to €100,000
- Financial fixed assets +€1.3m
up €1.3m (+24.6%), from €5.4m to €6.7m
- Tangible fixed assets +€1.3m
up €1.3m (+122.7%), from €1.1m to €2.4m
- Receivables within one year -€139,564
down €139,564 (-73.5%), from €189,992 to €50,428
of which Other amounts receivable: -€140,774
- Other debts +€1.8m
up €1.8m (+21.6%), from €8.2m to €10.0m
- Profit (loss) carried forward +€1.2m
up €1.2m, from -€51,224 to €1.1m
- Financial income +€1.2m
up €1.2m (+1948.2%), from €62,956 to €1.3m
- Depreciation +€34,046
up €34,046 (+66.1%), from €51,530 to €85,576
- Other operating charges +€18,137
up €18,137 (+1874.6%), from €968 to €19,104
- Financial charges -€3,099
down €3,099 (-27.1%), from €11,455 to €8,356
- Gross operating margin -€869
down €869, from €339 to -€530
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 | €8,663,496 | €11,612,123 | +€2.9m | +34.0% |
| Fixed assets | 21/28 | €6,420,076 | €9,035,002 | +€2.6m | +40.7% |
| Tangible fixed assets | 22/27 | €1,057,184 | €2,354,804 | +€1.3m | +122.7% |
| Land and buildings | 22 | €1,057,184 | €2,354,804 | +€1.3m | +122.7% |
| Financial fixed assets | 28 | €5,362,893 | €6,680,198 | +€1.3m | +24.6% |
| Current assets | 29/58 | €2,243,420 | €2,577,121 | +€333,701 | +14.9% |
| Amounts receivable within one year | 40/41 | €189,992 | €50,428 | -€139,564 | -73.5% |
| Trade receivables | 40 | - | €1,210 | +€1,210 | |
| Other amounts receivable | 41 | €189,992 | €49,218 | -€140,774 | -74.1% |
| Current investments | 50/53 | €2,000,000 | €100,000 | -€1.9m | -95.0% |
| Cash at bank and in hand | 54/58 | €53,325 | €2,426,687 | +€2.4m | +4450.8% |
| Deferred charges and accrued income | 490/1 | €103 | €6 | -€97 | -94.1% |
| Total equity and liabilities | 10/49 | €8,663,496 | €11,612,123 | +€2.9m | +34.0% |
| Equity | 10/15 | €464,776 | €1,640,643 | +€1.2m | +253.0% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Legal reserve | 130 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,224 | €1,124,643 | +€1.2m | |
| Amounts payable | 17/49 | €8,198,720 | €9,971,480 | +€1.8m | +21.6% |
| Amounts payable within one year | 42/48 | €8,198,720 | €9,971,480 | +€1.8m | +21.6% |
| Trade debts | 44 | €2,040 | €820 | -€1,220 | -59.8% |
| Suppliers | 440/4 | €2,040 | €820 | -€1,220 | -59.8% |
| Other amounts payable | 47/48 | €8,196,680 | €9,970,659 | +€1.8m | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,530 | €85,576 | +€34,046 | +66.1% |
| Other operating charges | 640/8 | €968 | €19,104 | +€18,137 | +1874.6% |
| Gross operating margin | 9900 | €339 | -€530 | -€869 | |
| Operating profit (loss) | 9901 | -€52,158 | -€105,210 | -€53,052 | -101.7% |
| Financial income | 75/76B | €62,956 | €1,289,433 | +€1.2m | +1948.2% |
| Recurring financial income | 75 | €62,956 | €1,289,433 | +€1.2m | +1948.2% |
| Financial charges | 65/66B | €11,455 | €8,356 | -€3,099 | -27.1% |
| Recurring financial charges | 65 | €11,455 | €8,356 | -€3,099 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€658 | €1,175,867 | +€1.2m | |
| Income taxes | 67/77 | - | -€0 | -€0 | |
| Profit (loss) for the period | 9904 | -€658 | €1,175,867 | +€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€658 | €1,175,867 | +€1.2m |
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 11 October 2026 via checked.be.