DEBAY TECHNICS: 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.
DEBAY TECHNICS
Largest movements
- Stocks and contracts +€81,716
up €81,716 (+103%), from €79,232 to €160,947
of which Contracts in progress: +€78,670
- Receivables within one year +€76,606
up €76,606 (+32.4%), from €236,256 to €312,862
of which Trade receivables: +€61,821
- Cash +€35,842
up €35,842 (+120%), from €29,824 to €65,665
mainly Short-term financial debts (+€100,000) and Trade debts (+€74,445)
- Tangible fixed assets -€10,642
down €10,642 (-6.3%), from €168,918 to €158,276
of which Furniture and vehicles: -€24,999
- Short-term financial debts +€100,000
up €100,000 (+250%), from €40,000 to €140,000
- Trade debts +€74,445
up €74,445 (+72.5%), from €102,703 to €177,148
- Current portion of long-term debt +€19,200
up €19,200 (+35.0%), from €54,781 to €73,982
- Tax, wage and social debts -€9,917
down €9,917 (-56.5%), from €17,557 to €7,639
of which Taxes: -€11,298
- Staff costs +€50,716
up €50,716 (+45.5%), from €111,557 to €162,274
- Taxes -€17,418
down €17,418 (-91.3%), from €19,075 to €1,657
- Gross operating margin -€13,777
down €13,777 (-5.3%), from €261,334 to €247,557
- Other operating charges +€6,752
up €6,752 (+719%), from €939 to €7,691
- Financial charges +€5,677
up €5,677 (+54.0%), from €10,504 to €16,181
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €522,920 | €701,951 | +€179,031 | +34.2% |
| Fixed assets | 21/28 | €176,452 | €162,477 | -€13,975 | -7.9% |
| Intangible fixed assets | 21 | €7,534 | €4,201 | -€3,333 | -44.2% |
| Tangible fixed assets | 22/27 | €168,918 | €158,276 | -€10,642 | -6.3% |
| Land and buildings | 22 | - | €3,163 | +€3,163 | |
| Plant, machinery and equipment | 23 | €34,175 | €26,073 | -€8,102 | -23.7% |
| Furniture and vehicles | 24 | €102,394 | €77,395 | -€24,999 | -24.4% |
| Leasing and similar rights | 25 | €32,349 | €51,646 | +€19,297 | +59.7% |
| Current assets | 29/58 | €346,468 | €539,474 | +€193,007 | +55.7% |
| Stocks and contracts in progress | 3 | €79,232 | €160,947 | +€81,716 | +103% |
| Stocks | 30/36 | €68,574 | €71,620 | +€3,046 | +4.4% |
| Contracts in progress | 37 | €10,658 | €89,327 | +€78,670 | +738% |
| Amounts receivable within one year | 40/41 | €236,256 | €312,862 | +€76,606 | +32.4% |
| Trade receivables | 40 | €185,308 | €247,129 | +€61,821 | +33.4% |
| Other amounts receivable | 41 | €50,947 | €65,733 | +€14,785 | +29.0% |
| Cash at bank and in hand | 54/58 | €29,824 | €65,665 | +€35,842 | +120% |
| Deferred charges and accrued income | 490/1 | €1,156 | - | -€1,156 | |
| Total equity and liabilities | 10/49 | €522,920 | €701,951 | +€179,031 | +34.2% |
| Equity | 10/15 | €148,216 | €150,445 | +€2,229 | +1.5% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €136,216 | €138,445 | +€2,229 | +1.6% |
| Distributable reserves | 133 | €136,216 | €138,445 | +€2,229 | +1.6% |
| Amounts payable | 17/49 | €374,704 | €551,507 | +€176,803 | +47.2% |
| Amounts payable after more than one year | 17 | €157,463 | €152,738 | -€4,725 | -3.0% |
| Financial debts | 170/4 | €157,463 | €152,738 | -€4,725 | -3.0% |
| Amounts payable within one year | 42/48 | €215,041 | €398,769 | +€183,728 | +85.4% |
| Current portion of amounts payable after more than one year | 42 | €54,781 | €73,982 | +€19,200 | +35.0% |
| Financial debts | 43 | €40,000 | €140,000 | +€100,000 | +250% |
| Credit institutions | 430/8 | €40,000 | €140,000 | +€100,000 | +250% |
| Trade debts | 44 | €102,703 | €177,148 | +€74,445 | +72.5% |
| Suppliers | 440/4 | €102,703 | €177,148 | +€74,445 | +72.5% |
| Taxes, remuneration and social security | 45 | €17,557 | €7,639 | -€9,917 | -56.5% |
| Taxes | 450/3 | €12,013 | €715 | -€11,298 | -94.0% |
| Remuneration and social security | 454/9 | €5,544 | €6,924 | +€1,380 | +24.9% |
| Accrued charges and deferred income | 492/3 | €2,200 | - | -€2,200 | |
| Remuneration, social security and pensions | 62 | €111,557 | €162,274 | +€50,716 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,916 | €44,318 | +€402 | +0.9% |
| Other operating charges | 640/8 | €939 | €7,691 | +€6,752 | +719% |
| Non-recurring operating charges | 66A | - | €14,060 | +€14,060 | |
| Gross operating margin | 9900 | €261,334 | €247,557 | -€13,777 | -5.3% |
| Operating profit (loss) | 9901 | €104,921 | €19,214 | -€85,708 | -81.7% |
| Financial income | 75/76B | €545 | €853 | +€309 | +56.7% |
| Recurring financial income | 75 | €545 | €853 | +€309 | +56.7% |
| Financial charges | 65/66B | €10,504 | €16,181 | +€5,677 | +54.0% |
| Recurring financial charges | 65 | €10,504 | €16,181 | +€5,677 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | €94,962 | €3,886 | -€91,076 | -95.9% |
| Income taxes | 67/77 | €19,075 | €1,657 | -€17,418 | -91.3% |
| Profit (loss) for the period | 9904 | €75,887 | €2,229 | -€73,658 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €75,887 | €2,229 | -€73,658 | -97.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.