DEBEELDNATIE: 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.
DEBEELDNATIE
Largest movements
- Tangible fixed assets -€12,263
down €12,263 (-21.0%), from €58,495 to €46,232
of which Furniture and vehicles: -€10,804
- Receivables within one year +€6,048
up €6,048 (+41.0%), from €14,733 to €20,780
of which Other amounts receivable: +€3,035
- Cash -€1,885
down €1,885 (-10.8%), from €17,482 to €15,596
mainly Debts after one year (-€11,014) and Receivables within one year (-€6,048)
- Reserves +€16,775
up €16,775 (+164.6%), from €10,193 to €26,968
- Profit (loss) carried forward -€14,116
no longer reported in 2025 (was €14,116)
- Debts after one year -€11,014
down €11,014 (-43.7%), from €25,207 to €14,193
- Current portion of long-term debt -€1,993
down €1,993 (-13.2%), from €15,094 to €13,101
- Tax, wage and social debts +€1,490
up €1,490 (+20.0%), from €7,461 to €8,951
- Gross operating margin -€25,903
down €25,903 (-53.5%), from €48,407 to €22,504
- Taxes -€5,309
down €5,309 (-85.3%), from €6,227 to €918
- Depreciation +€1,572
up €1,572 (+10.8%), from €14,539 to €16,112
- Financial charges -€729
down €729 (-26.3%), from €2,768 to €2,039
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 | €92,209 | €84,108 | -€8,101 | -8.8% |
| Fixed assets | 21/28 | €59,995 | €47,732 | -€12,263 | -20.4% |
| Tangible fixed assets | 22/27 | €58,495 | €46,232 | -€12,263 | -21.0% |
| Plant, machinery and equipment | 23 | €20,221 | €18,762 | -€1,458 | -7.2% |
| Furniture and vehicles | 24 | €38,274 | €27,470 | -€10,804 | -28.2% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €32,215 | €36,377 | +€4,162 | +12.9% |
| Amounts receivable within one year | 40/41 | €14,733 | €20,780 | +€6,048 | +41.0% |
| Trade receivables | 40 | €11,460 | €14,473 | +€3,013 | +26.3% |
| Other amounts receivable | 41 | €3,273 | €6,308 | +€3,035 | +92.7% |
| Cash at bank and in hand | 54/58 | €17,482 | €15,596 | -€1,885 | -10.8% |
| Total equity and liabilities | 10/49 | €92,209 | €84,108 | -€8,101 | -8.8% |
| Equity | 10/15 | €34,309 | €36,968 | +€2,659 | +7.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,193 | €26,968 | +€16,775 | +164.6% |
| Distributable reserves | 133 | €10,193 | €26,968 | +€16,775 | +164.6% |
| Profit (loss) carried forward | 14 | €14,116 | - | -€14,116 | |
| Amounts payable | 17/49 | €57,900 | €47,141 | -€10,760 | -18.6% |
| Amounts payable after more than one year | 17 | €25,207 | €14,193 | -€11,014 | -43.7% |
| Financial debts | 170/4 | €25,207 | €14,193 | -€11,014 | -43.7% |
| Amounts payable within one year | 42/48 | €32,693 | €32,948 | +€255 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €15,094 | €13,101 | -€1,993 | -13.2% |
| Trade debts | 44 | €29 | €145 | +€116 | +400.8% |
| Suppliers | 440/4 | €29 | €145 | +€116 | +400.8% |
| Taxes, remuneration and social security | 45 | €7,461 | €8,951 | +€1,490 | +20.0% |
| Taxes | 450/3 | €7,461 | €8,951 | +€1,490 | +20.0% |
| Other amounts payable | 47/48 | €10,109 | €10,750 | +€641 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,539 | €16,112 | +€1,572 | +10.8% |
| Other operating charges | 640/8 | €756 | €776 | +€19 | +2.6% |
| Gross operating margin | 9900 | €48,407 | €22,504 | -€25,903 | -53.5% |
| Operating profit (loss) | 9901 | €33,111 | €5,617 | -€27,495 | -83.0% |
| Financial charges | 65/66B | €2,768 | €2,039 | -€729 | -26.3% |
| Recurring financial charges | 65 | €2,768 | €2,039 | -€729 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €30,344 | €3,577 | -€26,766 | -88.2% |
| Income taxes | 67/77 | €6,227 | €918 | -€5,309 | -85.3% |
| Profit (loss) for the period | 9904 | €24,116 | €2,659 | -€21,458 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,116 | €2,659 | -€21,458 | -89.0% |
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 11 October 2026 via checked.be.