Skip to content

Debco: 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.

What changed

Debco

BE 0423.859.910
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€15,402
2023 · €32,043-€16,641
Equity
€229,878
2023 · €214,477+€15,401
Cash
€229,778
2023 · €217,963+€11,815
Balance sheet total
€372,831
2023 · €341,552+€31,279

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€12,651

    up €12,651 (+10.8%), from €117,299 to €129,950

    of which Land and buildings: +€18,360

  • Cash +€11,815

    up €11,815 (+5.4%), from €217,963 to €229,778

    mainly Depreciation (+€18,272) and Net result for the year (+€15,402)

  • Deferred charges and accrued income +€4,602

    up €4,602 (+115.0%), from €4,000 to €8,602

Equity and liabilities
  • Profit (loss) carried forward +€15,401

    up €15,401 (+7.9%), from €194,026 to €209,427

  • Other debts +€11,298

    up €11,298 (+10.2%), from €110,269 to €121,567

  • Trade debts +€4,497

    new in 2024: €4,497

Income statement
  • Gross operating margin -€25,824

    down €25,824 (-35.6%), from €72,610 to €46,786

  • Taxes -€9,494

    down €9,494 (-80.4%), from €11,815 to €2,321

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €32,043
Gross operating margin -€25,824
Depreciation +€638
Other operating charges -€607
Financial income -€393
Financial charges +€50
Taxes +€9,494
Result 2024 €15,402

Cash bridge derived

cash 2023 to 2024

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.

From operations +€42,738
Investment -€30,923
Financing -€0
Cash 2023 €217,963
Net result for the year +€15,402
Depreciation +€18,272
Receivables within one year -€2,211
Deferred charges and accrued income -€4,602
Trade debts +€4,497
Tax, wage and social debts +€82
Other debts +€11,298
Investment in fixed assets (net) -€30,923
Contributions, distributions and other -€0
Cash 2024 €229,778
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €341,552 €372,831 +€31,279 +9.2%
Fixed assets 21/28 €117,549 €130,200 +€12,651 +10.8%
Tangible fixed assets 22/27 €117,299 €129,950 +€12,651 +10.8%
Land and buildings 22 €83,965 €102,325 +€18,360 +21.9%
Plant, machinery and equipment 23 €33,334 €27,625 -€5,709 -17.1%
Financial fixed assets 28 €250 €250 = 0.0%
Current assets 29/58 €224,003 €242,631 +€18,628 +8.3%
Amounts receivable within one year 40/41 €2,040 €4,251 +€2,211 +108.4%
Other amounts receivable 41 €2,040 €4,251 +€2,211 +108.4%
Cash at bank and in hand 54/58 €217,963 €229,778 +€11,815 +5.4%
Deferred charges and accrued income 490/1 €4,000 €8,602 +€4,602 +115.0%
Total equity and liabilities 10/49 €341,552 €372,831 +€31,279 +9.2%
Equity 10/15 €214,477 €229,878 +€15,401 +7.2%
Contributions 10/11 €18,592 €18,592 +€0 0.0%
Reserves 13 €1,859 €1,859 +€0 0.0%
Non-distributable reserves 130/1 €1,859 €1,859 +€0 0.0%
Reserves not available under the articles 1311 €1,859 €1,859 +€0 0.0%
Profit (loss) carried forward 14 €194,026 €209,427 +€15,401 +7.9%
Amounts payable 17/49 €127,075 €142,952 +€15,877 +12.5%
Amounts payable after more than one year 17 €6,590 €6,590 = 0.0%
Other amounts payable 178/9 €6,590 €6,590 = 0.0%
Amounts payable within one year 42/48 €120,485 €136,362 +€15,877 +13.2%
Trade debts 44 - €4,497 +€4,497
Suppliers 440/4 - €4,497 +€4,497
Taxes, remuneration and social security 45 €10,216 €10,298 +€82 +0.8%
Taxes 450/3 €10,216 €10,298 +€82 +0.8%
Other amounts payable 47/48 €110,269 €121,567 +€11,298 +10.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,910 €18,272 -€638 -3.4%
Other operating charges 640/8 €10,040 €10,647 +€607 +6.0%
Gross operating margin 9900 €72,610 €46,786 -€25,824 -35.6%
Operating profit (loss) 9901 €43,660 €17,867 -€25,793 -59.1%
Financial income 75/76B €393 - -€393
Recurring financial income 75 €393 - -€393
Financial charges 65/66B €195 €145 -€50 -25.8%
Recurring financial charges 65 €195 €145 -€50 -25.8%
Profit (loss) for the period before taxes 9903 €43,858 €17,723 -€26,135 -59.6%
Income taxes 67/77 €11,815 €2,321 -€9,494 -80.4%
Profit (loss) for the period 9904 €32,043 €15,402 -€16,641 -51.9%
Profit (loss) for the period to be appropriated 9905 €32,043 €15,402 -€16,641 -51.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.