DEBAP: 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.
DEBAP
Largest movements
- Cash +€60,799
up €60,799 (+18.9%), from €321,829 to €382,628
mainly Net result for the year (+€69,323) and Other debts (+€41,822)
- Reserves +€69,323
up €69,323 (+2.7%), from €2.6m to €2.7m
of which Distributable reserves: +€69,323
- Financial charges -€64,693
down €64,693 (-68.2%), from €94,837 to €30,144
- Gross operating margin -€19,414
down €19,414 (-14.7%), from €131,800 to €112,386
- Financial income -€13,947
down €13,947 (-32.2%), from €43,273 to €29,326
- Other operating charges -€3,930
down €3,930 (-34.6%), from €11,348 to €7,418
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 | €4,629,580 | €4,700,891 | +€71,311 | +1.5% |
| Fixed assets | 21/28 | €648 | €365 | -€283 | -43.7% |
| Tangible fixed assets | 22/27 | €648 | €365 | -€283 | -43.7% |
| Furniture and vehicles | 24 | €648 | €365 | -€283 | -43.7% |
| Current assets | 29/58 | €4,628,932 | €4,700,526 | +€71,594 | +1.5% |
| Amounts receivable within one year | 40/41 | €45,004 | €57,186 | +€12,182 | +27.1% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | €32,904 | €45,086 | +€12,182 | +37.0% |
| Current investments | 50/53 | €4,261,508 | €4,260,381 | -€1,127 | 0.0% |
| Cash at bank and in hand | 54/58 | €321,829 | €382,628 | +€60,799 | +18.9% |
| Deferred charges and accrued income | 490/1 | €591 | €331 | -€260 | -44.0% |
| Total equity and liabilities | 10/49 | €4,629,580 | €4,700,891 | +€71,311 | +1.5% |
| Equity | 10/15 | €4,069,213 | €4,138,536 | +€69,323 | +1.7% |
| Contributions | 10/11 | €1,465,000 | €1,465,000 | = | 0.0% |
| Reserves | 13 | €2,604,213 | €2,673,536 | +€69,323 | +2.7% |
| Tax-exempt reserves | 132 | €216 | €216 | = | 0.0% |
| Distributable reserves | 133 | €2,603,997 | €2,673,320 | +€69,323 | +2.7% |
| Amounts payable | 17/49 | €560,367 | €562,355 | +€1,988 | +0.4% |
| Amounts payable within one year | 42/48 | €539,882 | €562,261 | +€22,379 | +4.1% |
| Trade debts | 44 | €3,179 | €1,644 | -€1,535 | -48.3% |
| Suppliers | 440/4 | €3,179 | €1,644 | -€1,535 | -48.3% |
| Taxes, remuneration and social security | 45 | €33,052 | €15,144 | -€17,908 | -54.2% |
| Taxes | 450/3 | €33,052 | €15,144 | -€17,908 | -54.2% |
| Other amounts payable | 47/48 | €503,651 | €545,473 | +€41,822 | +8.3% |
| Accrued charges and deferred income | 492/3 | €20,485 | €94 | -€20,391 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €283 | +€83 | +41.5% |
| Other operating charges | 640/8 | €11,348 | €7,418 | -€3,930 | -34.6% |
| Gross operating margin | 9900 | €131,800 | €112,386 | -€19,414 | -14.7% |
| Operating profit (loss) | 9901 | €120,252 | €104,685 | -€15,567 | -12.9% |
| Financial income | 75/76B | €43,273 | €29,326 | -€13,947 | -32.2% |
| Recurring financial income | 75 | €43,273 | €29,326 | -€13,947 | -32.2% |
| Financial charges | 65/66B | €94,837 | €30,144 | -€64,693 | -68.2% |
| Recurring financial charges | 65 | €94,837 | €30,144 | -€64,693 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €68,688 | €103,867 | +€35,179 | +51.2% |
| Income taxes | 67/77 | €33,306 | €34,544 | +€1,238 | +3.7% |
| Profit (loss) for the period | 9904 | €35,382 | €69,323 | +€33,941 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,382 | €69,323 | +€33,941 | +95.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.