DEBECA: 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.
DEBECA
Largest movements
- Cash +€238,123
up €238,123 (+505.2%), from €47,138 to €285,262
mainly Net result for the year (+€145,045) and Other debts (+€46,669)
- Tangible fixed assets -€46,541
down €46,541 (-21.0%), from €222,128 to €175,588
of which Land and buildings: -€52,444
- Receivables within one year +€19,505
up €19,505 (+28.2%), from €69,159 to €88,665
of which Other amounts receivable: +€33,765
- Stocks and contracts -€10,157
down €10,157 (-82.7%), from €12,281 to €2,124
- Current investments -€8,200
no longer reported in 2025 (was €8,200)
- Reserves +€104,342
up €104,342 (+43.3%), from €240,928 to €345,271
of which Distributable reserves: +€104,342
- Other debts +€46,669
up €46,669 (+632.4%), from €7,379 to €54,048
- Accrued charges and deferred income +€34,771
new in 2025: €34,771
- Current portion of long-term debt -€33,873
no longer reported in 2025 (was €33,873)
- Tax, wage and social debts +€31,257
up €31,257 (+67.2%), from €46,497 to €77,754
of which Taxes: +€30,439
- Gross operating margin +€151,593
up €151,593 (+126.4%), from €119,964 to €271,558
- Taxes +€47,375
up €47,375 (+194.0%), from €24,426 to €71,801
- Depreciation -€12,317
down €12,317 (-58.4%), from €21,107 to €8,790
- Financial charges +€7,586
up €7,586 (+170.9%), from €4,439 to €12,024
- Staff costs +€7,265
up €7,265 (+35.6%), from €20,406 to €27,671
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 | €358,907 | €555,763 | +€196,856 | +54.8% |
| Fixed assets | 21/28 | €222,128 | €179,713 | -€42,416 | -19.1% |
| Tangible fixed assets | 22/27 | €222,128 | €175,588 | -€46,541 | -21.0% |
| Land and buildings | 22 | €217,826 | €165,381 | -€52,444 | -24.1% |
| Plant, machinery and equipment | 23 | €4,303 | €10,206 | +€5,903 | +137.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | - | €4,125 | +€4,125 | |
| Current assets | 29/58 | €136,779 | €376,051 | +€239,272 | +174.9% |
| Stocks and contracts in progress | 3 | €12,281 | €2,124 | -€10,157 | -82.7% |
| Stocks | 30/36 | €12,281 | €2,124 | -€10,157 | -82.7% |
| Amounts receivable within one year | 40/41 | €69,159 | €88,665 | +€19,505 | +28.2% |
| Trade receivables | 40 | €42,051 | €27,791 | -€14,260 | -33.9% |
| Other amounts receivable | 41 | €27,108 | €60,874 | +€33,765 | +124.6% |
| Current investments | 50/53 | €8,200 | - | -€8,200 | |
| Cash at bank and in hand | 54/58 | €47,138 | €285,262 | +€238,123 | +505.2% |
| Total equity and liabilities | 10/49 | €358,907 | €555,763 | +€196,856 | +54.8% |
| Equity | 10/15 | €260,928 | €365,271 | +€104,342 | +40.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €240,928 | €345,271 | +€104,342 | +43.3% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €184,678 | €289,021 | +€104,342 | +56.5% |
| Amounts payable | 17/49 | €97,979 | €190,493 | +€92,514 | +94.4% |
| Amounts payable after more than one year | 17 | €5,788 | - | -€5,788 | |
| Financial debts | 170/4 | €5,788 | - | -€5,788 | |
| Amounts payable within one year | 42/48 | €92,191 | €155,721 | +€63,530 | +68.9% |
| Current portion of amounts payable after more than one year | 42 | €33,873 | - | -€33,873 | |
| Trade debts | 44 | €4,442 | €23,919 | +€19,477 | +438.4% |
| Suppliers | 440/4 | €4,442 | €23,919 | +€19,477 | +438.4% |
| Taxes, remuneration and social security | 45 | €46,497 | €77,754 | +€31,257 | +67.2% |
| Taxes | 450/3 | €44,911 | €75,349 | +€30,439 | +67.8% |
| Remuneration and social security | 454/9 | €1,586 | €2,405 | +€819 | +51.6% |
| Other amounts payable | 47/48 | €7,379 | €54,048 | +€46,669 | +632.4% |
| Accrued charges and deferred income | 492/3 | - | €34,771 | +€34,771 | |
| Non-recurring operating income | 76A | €1,725 | €186,759 | +€185,034 | +10726.6% |
| Remuneration, social security and pensions | 62 | €20,406 | €27,671 | +€7,265 | +35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,107 | €8,790 | -€12,317 | -58.4% |
| Other operating charges | 640/8 | €5,272 | €6,476 | +€1,204 | +22.8% |
| Gross operating margin | 9900 | €119,964 | €271,558 | +€151,593 | +126.4% |
| Operating profit (loss) | 9901 | €73,179 | €228,620 | +€155,441 | +212.4% |
| Financial income | 75/76B | €1,622 | €250 | -€1,373 | -84.6% |
| Recurring financial income | 75 | €492 | €250 | -€243 | -49.3% |
| Non-recurring financial income | 76B | €1,130 | - | -€1,130 | |
| Financial charges | 65/66B | €4,439 | €12,024 | +€7,586 | +170.9% |
| Recurring financial charges | 65 | €4,439 | €12,024 | +€7,586 | +170.9% |
| Profit (loss) for the period before taxes | 9903 | €70,363 | €216,845 | +€146,483 | +208.2% |
| Income taxes | 67/77 | €24,426 | €71,801 | +€47,375 | +194.0% |
| Profit (loss) for the period | 9904 | €45,937 | €145,045 | +€99,108 | +215.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,937 | €145,045 | +€99,108 | +215.7% |
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 9 October 2026 via checked.be.