DEBATOP: 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.
DEBATOP
Largest movements
- Tangible fixed assets -€137,330
down €137,330 (-12.5%), from €1.1m to €959,915
of which Furniture and vehicles: -€75,076
- Deferred charges and accrued income -€65,281
down €65,281 (-98.5%), from €66,283 to €1,002
- Cash +€35,186
up €35,186 (+2013.3%), from €1,748 to €36,934
mainly Depreciation (+€168,519) and Net result for the year (+€88,419)
- Other debts -€152,303
down €152,303 (-100.0%), from €152,303 to €0
- Debts after one year -€134,844
down €134,844 (-56.7%), from €237,679 to €102,835
- Profit (loss) carried forward +€88,419
up €88,419 (+19.1%), from €462,597 to €551,016
- Tax, wage and social debts +€30,132
up €30,132 (+5640.1%), from €534 to €30,666
- Current portion of long-term debt -€23,780
down €23,780 (-15.0%), from €158,624 to €134,844
- Gross operating margin +€74,710
up €74,710 (+31.5%), from €237,093 to €311,803
- Taxes +€29,585
up €29,585, from €0 to €29,585
- Staff costs -€24,177
down €24,177 (-39.8%), from €60,698 to €36,521
- Depreciation -€22,574
down €22,574 (-11.8%), from €191,093 to €168,519
- Financial income -€6,828
down €6,828 (-84.0%), from €8,132 to €1,304
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 | €1,337,839 | €1,159,614 | -€178,225 | -13.3% |
| Fixed assets | 21/28 | €1,097,246 | €959,915 | -€137,330 | -12.5% |
| Tangible fixed assets | 22/27 | €1,097,246 | €959,915 | -€137,330 | -12.5% |
| Land and buildings | 22 | €600,686 | €583,244 | -€17,443 | -2.9% |
| Plant, machinery and equipment | 23 | €227,313 | €182,501 | -€44,812 | -19.7% |
| Furniture and vehicles | 24 | €269,246 | €194,170 | -€75,076 | -27.9% |
| Current assets | 29/58 | €240,593 | €199,699 | -€40,894 | -17.0% |
| Stocks and contracts in progress | 3 | €38,162 | €28,728 | -€9,435 | -24.7% |
| Stocks | 30/36 | €38,162 | €28,728 | -€9,435 | -24.7% |
| Amounts receivable within one year | 40/41 | €134,400 | €133,035 | -€1,365 | -1.0% |
| Trade receivables | 40 | €133,065 | €131,700 | -€1,365 | -1.0% |
| Other amounts receivable | 41 | €1,335 | €1,335 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,748 | €36,934 | +€35,186 | +2013.3% |
| Deferred charges and accrued income | 490/1 | €66,283 | €1,002 | -€65,281 | -98.5% |
| Total equity and liabilities | 10/49 | €1,337,839 | €1,159,614 | -€178,225 | -13.3% |
| Equity | 10/15 | €632,020 | €702,439 | +€70,419 | +11.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €69,423 | €51,423 | -€18,000 | -25.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €59,423 | €41,423 | -€18,000 | -30.3% |
| Profit (loss) carried forward | 14 | €462,597 | €551,016 | +€88,419 | +19.1% |
| Provisions and deferred taxes | 16 | €39,615 | €27,615 | -€12,000 | -30.3% |
| Deferred taxes | 168 | €39,615 | €27,615 | -€12,000 | -30.3% |
| Amounts payable | 17/49 | €666,204 | €429,560 | -€236,644 | -35.5% |
| Amounts payable after more than one year | 17 | €237,679 | €102,835 | -€134,844 | -56.7% |
| Financial debts | 170/4 | €237,679 | €102,835 | -€134,844 | -56.7% |
| Amounts payable within one year | 42/48 | €427,763 | €304,887 | -€122,877 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €158,624 | €134,844 | -€23,780 | -15.0% |
| Trade debts | 44 | €116,302 | €139,376 | +€23,074 | +19.8% |
| Suppliers | 440/4 | €116,302 | €139,376 | +€23,074 | +19.8% |
| Taxes, remuneration and social security | 45 | €534 | €30,666 | +€30,132 | +5640.1% |
| Taxes | 450/3 | €534 | €30,666 | +€30,132 | +5640.1% |
| Other amounts payable | 47/48 | €152,303 | €0 | -€152,303 | -100.0% |
| Accrued charges and deferred income | 492/3 | €761 | €21,838 | +€21,077 | +2770.3% |
| Remuneration, social security and pensions | 62 | €60,698 | €36,521 | -€24,177 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,093 | €168,519 | -€22,574 | -11.8% |
| Other operating charges | 640/8 | €6,711 | €8,215 | +€1,504 | +22.4% |
| Gross operating margin | 9900 | €237,093 | €311,803 | +€74,710 | +31.5% |
| Operating profit (loss) | 9901 | -€21,409 | €98,547 | +€119,957 | |
| Financial income | 75/76B | €8,132 | €1,304 | -€6,828 | -84.0% |
| Recurring financial income | 75 | €8,132 | €1,304 | -€6,828 | -84.0% |
| Financial charges | 65/66B | €7,590 | €11,847 | +€4,257 | +56.1% |
| Recurring financial charges | 65 | €7,590 | €11,847 | +€4,257 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,868 | €88,004 | +€108,872 | |
| Transfer from deferred taxes | 780 | €30,000 | €30,000 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €0 | €29,585 | +€29,585 | |
| Profit (loss) for the period | 9904 | €9,132 | €88,419 | +€79,287 | +868.2% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €9,132 | €88,419 | +€79,287 | +868.2% |
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 12 October 2026 via checked.be.