DEBELEC: 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.
DEBELEC
Largest movements
- Receivables within one year -€74,891
down €74,891 (-80.2%), from €93,433 to €18,542
of which Trade receivables: -€72,226
- Receivables after one year +€61,787
up €61,787 (+41.6%), from €148,510 to €210,297
- Deferred charges and accrued income -€6,705
down €6,705 (-10.2%), from €66,001 to €59,296
- Stocks and contracts -€6,241
down €6,241 (-100%), from €6,241 to €0
- Cash -€4,376
down €4,376 (-6.7%), from €65,114 to €60,738
mainly Receivables after one year (-€61,787) and Tax, wage and social debts (-€13,994)
- Tax, wage and social debts -€13,994
down €13,994 (-86.7%), from €16,139 to €2,145
- Trade debts -€12,426
down €12,426 (-79.2%), from €15,682 to €3,256
- Short-term financial debts +€8,936
new in 2025: €8,936
- Profit (loss) carried forward -€7,303
down €7,303 (-3.5%), from €206,794 to €199,491
- Gross operating margin -€36,041
down €36,041 (-77.1%), from €46,718 to €10,678
- Taxes -€6,678
down €6,678 (-75.7%), from €8,823 to €2,145
- Depreciation -€2,455
down €2,455 (-97.1%), from €2,527 to €73
- Financial charges -€844
down €844 (-39.8%), from €2,119 to €1,275
- Other operating charges -€579
down €579 (-26.8%), from €2,158 to €1,579
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 | €379,299 | €350,401 | -€28,899 | -7.6% |
| Fixed assets | 21/28 | - | €1,527 | +€1,527 | |
| Tangible fixed assets | 22/27 | - | €1,527 | +€1,527 | |
| Furniture and vehicles | 24 | - | €1,527 | +€1,527 | |
| Current assets | 29/58 | €379,299 | €348,873 | -€30,426 | -8.0% |
| Amounts receivable after more than one year | 29 | €148,510 | €210,297 | +€61,787 | +41.6% |
| Other amounts receivable | 291 | €148,510 | €210,297 | +€61,787 | +41.6% |
| Stocks and contracts in progress | 3 | €6,241 | €0 | -€6,241 | -100% |
| Stocks | 30/36 | €6,241 | €0 | -€6,241 | -100% |
| Amounts receivable within one year | 40/41 | €93,433 | €18,542 | -€74,891 | -80.2% |
| Trade receivables | 40 | €90,134 | €17,908 | -€72,226 | -80.1% |
| Other amounts receivable | 41 | €3,299 | €635 | -€2,664 | -80.8% |
| Cash at bank and in hand | 54/58 | €65,114 | €60,738 | -€4,376 | -6.7% |
| Deferred charges and accrued income | 490/1 | €66,001 | €59,296 | -€6,705 | -10.2% |
| Total equity and liabilities | 10/49 | €379,299 | €350,401 | -€28,899 | -7.6% |
| Equity | 10/15 | €339,852 | €332,549 | -€7,303 | -2.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €114,466 | €114,466 | = | 0.0% |
| Distributable reserves | 133 | €114,466 | €114,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,794 | €199,491 | -€7,303 | -3.5% |
| Amounts payable | 17/49 | €39,448 | €17,852 | -€21,596 | -54.7% |
| Amounts payable after more than one year | 17 | €2,080 | €0 | -€2,080 | -100% |
| Financial debts | 170/4 | €2,080 | €0 | -€2,080 | -100% |
| Amounts payable within one year | 42/48 | €37,368 | €17,182 | -€20,186 | -54.0% |
| Current portion of amounts payable after more than one year | 42 | €5,197 | €2,080 | -€3,117 | -60.0% |
| Financial debts | 43 | - | €8,936 | +€8,936 | |
| Credit institutions | 430/8 | - | €8,936 | +€8,936 | |
| Trade debts | 44 | €15,682 | €3,256 | -€12,426 | -79.2% |
| Suppliers | 440/4 | €15,682 | €3,256 | -€12,426 | -79.2% |
| Advances received on contracts in progress | 46 | €350 | €765 | +€415 | +118% |
| Taxes, remuneration and social security | 45 | €16,139 | €2,145 | -€13,994 | -86.7% |
| Taxes | 450/3 | €16,139 | €2,145 | -€13,994 | -86.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €670 | +€670 | |
| Non-recurring operating income | 76A | €6,870 | €0 | -€6,870 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,527 | €73 | -€2,455 | -97.1% |
| Other operating charges | 640/8 | €2,158 | €1,579 | -€579 | -26.8% |
| Non-recurring operating charges | 66A | €7,806 | €12,923 | +€5,117 | +65.6% |
| Gross operating margin | 9900 | €46,718 | €10,678 | -€36,041 | -77.1% |
| Operating profit (loss) | 9901 | €34,227 | -€3,897 | -€38,124 | |
| Financial income | 75/76B | €10 | €14 | +€4 | +41.4% |
| Recurring financial income | 75 | €10 | €14 | +€4 | +41.4% |
| Financial charges | 65/66B | €2,119 | €1,275 | -€844 | -39.8% |
| Recurring financial charges | 65 | €2,119 | €1,275 | -€844 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €32,119 | -€5,158 | -€37,276 | |
| Income taxes | 67/77 | €8,823 | €2,145 | -€6,678 | -75.7% |
| Profit (loss) for the period | 9904 | €23,296 | -€7,303 | -€30,599 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,296 | -€7,303 | -€30,599 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.