DEBECQ & FILS: 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.
DEBECQ & FILS
Largest movements
- Receivables within one year +€110,295
up €110,295 (+1,388%), from €7,944 to €118,240
of which Trade receivables: +€93,955
- Tangible fixed assets -€4,757
down €4,757 (-39.9%), from €11,931 to €7,174
of which Furniture and vehicles: -€3,895
- Stocks and contracts +€3,333
up €3,333 (+2.2%), from €150,157 to €153,490
- Trade debts +€101,741
up €101,741 (+1,787%), from €5,695 to €107,435
- Reserves +€12,844
up €12,844 (+11,169%), from €115 to €12,959
- Current portion of long-term debt -€5,306
no longer reported in 2025 (was €5,306)
- Gross operating margin -€66,086
down €66,086 (-35.8%), from €184,730 to €118,644
- Taxes -€16,907
down €16,907 (-60.5%), from €27,926 to €11,019
- Depreciation -€3,597
down €3,597 (-43.1%), from €8,354 to €4,757
- Staff costs +€3,245
up €3,245 (+3.8%), from €84,663 to €87,908
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.
Derived cash bridge
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 | €209,195 | €318,006 | +€108,811 | +52.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €12,111 | €7,354 | -€4,757 | -39.3% |
| Tangible fixed assets | 22/27 | €11,931 | €7,174 | -€4,757 | -39.9% |
| Land and buildings | 22 | €172 | €158 | -€14 | -8.3% |
| Plant, machinery and equipment | 23 | €2,298 | €1,450 | -€848 | -36.9% |
| Furniture and vehicles | 24 | €9,461 | €5,566 | -€3,895 | -41.2% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €197,084 | €310,652 | +€113,569 | +57.6% |
| Stocks and contracts in progress | 3 | €150,157 | €153,490 | +€3,333 | +2.2% |
| Stocks | 30/36 | €150,157 | €153,490 | +€3,333 | +2.2% |
| Amounts receivable within one year | 40/41 | €7,944 | €118,240 | +€110,295 | +1,388% |
| Trade receivables | 40 | €6,871 | €100,826 | +€93,955 | +1,367% |
| Other amounts receivable | 41 | €1,073 | €17,413 | +€16,340 | +1,522% |
| Cash at bank and in hand | 54/58 | €34,306 | €37,259 | +€2,952 | +8.6% |
| Deferred charges and accrued income | 490/1 | €4,676 | €1,664 | -€3,012 | -64.4% |
| Total equity and liabilities | 10/49 | €209,195 | €318,006 | +€108,811 | +52.0% |
| Equity | 10/15 | €136,270 | €148,442 | +€12,172 | +8.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €115 | €12,959 | +€12,844 | +11,169% |
| Distributable reserves | 133 | €115 | €12,959 | +€12,844 | +11,169% |
| Profit (loss) carried forward | 14 | €106,155 | €105,482 | -€673 | -0.6% |
| Amounts payable | 17/49 | €72,925 | €169,565 | +€96,640 | +133% |
| Amounts payable within one year | 42/48 | €72,859 | €169,290 | +€96,431 | +132% |
| Current portion of amounts payable after more than one year | 42 | €5,306 | - | -€5,306 | |
| Financial debts | 43 | €403 | - | -€403 | |
| Credit institutions | 430/8 | €403 | - | -€403 | |
| Trade debts | 44 | €5,695 | €107,435 | +€101,741 | +1,787% |
| Suppliers | 440/4 | €5,695 | €107,435 | +€101,741 | +1,787% |
| Taxes, remuneration and social security | 45 | €59,152 | €61,855 | +€2,703 | +4.6% |
| Taxes | 450/3 | €38,950 | €43,014 | +€4,065 | +10.4% |
| Remuneration and social security | 454/9 | €20,202 | €18,841 | -€1,362 | -6.7% |
| Other amounts payable | 47/48 | €2,303 | - | -€2,303 | |
| Accrued charges and deferred income | 492/3 | €66 | €274 | +€208 | +317% |
| Remuneration, social security and pensions | 62 | €84,663 | €87,908 | +€3,245 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,354 | €4,757 | -€3,597 | -43.1% |
| Other operating charges | 640/8 | €752 | €651 | -€100 | -13.4% |
| Gross operating margin | 9900 | €184,730 | €118,644 | -€66,086 | -35.8% |
| Operating profit (loss) | 9901 | €90,961 | €25,327 | -€65,633 | -72.2% |
| Financial income | 75/76B | €273 | €1,297 | +€1,024 | +375% |
| Recurring financial income | 75 | €273 | €1,297 | +€1,024 | +375% |
| Financial charges | 65/66B | €2,210 | €2,761 | +€551 | +24.9% |
| Recurring financial charges | 65 | €2,210 | €2,761 | +€551 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €89,024 | €23,864 | -€65,160 | -73.2% |
| Income taxes | 67/77 | €27,926 | €11,019 | -€16,907 | -60.5% |
| Profit (loss) for the period | 9904 | €61,097 | €12,844 | -€48,253 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,097 | €12,844 | -€48,253 | -79.0% |
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 1 November 2026 via checked.be.