DEBELGRO: 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.
DEBELGRO
Largest movements
- Stocks and contracts +€692,054
up €692,054 (+118.2%), from €585,722 to €1.3m
- Receivables within one year +€289,974
up €289,974 (+38.3%), from €757,378 to €1.0m
of which Trade receivables: +€704,122
- Deferred charges and accrued income +€28,480
up €28,480, from €0 to €28,480
- Short-term financial debts +€989,444
up €989,444 (+177931.9%), from €556 to €990,000
- Profit (loss) carried forward +€24,075
up €24,075 (+6.6%), from €364,244 to €388,318
- Gross operating margin +€30,747
up €30,747, from -€7,310 to €23,436
- Financial income +€13,952
up €13,952 (+47.3%), from €29,477 to €43,429
- Other operating charges -€10,914
down €10,914 (-79.4%), from €13,744 to €2,830
- Financial charges +€3,871
up €3,871 (+10.7%), from €36,089 to €39,961
- Taxes +€340
up €340, from -€340 to €0
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 | €1,347,102 | €2,365,099 | +€1.0m | +75.6% |
| Current assets | 29/58 | €1,347,102 | €2,365,099 | +€1.0m | +75.6% |
| Stocks and contracts in progress | 3 | €585,722 | €1,277,775 | +€692,054 | +118.2% |
| Stocks | 30/36 | €585,722 | €1,277,775 | +€692,054 | +118.2% |
| Amounts receivable within one year | 40/41 | €757,378 | €1,047,353 | +€289,974 | +38.3% |
| Trade receivables | 40 | €0 | €704,122 | +€704,122 | |
| Other amounts receivable | 41 | €757,378 | €343,230 | -€414,148 | -54.7% |
| Cash at bank and in hand | 54/58 | €4,002 | €11,491 | +€7,488 | +187.1% |
| Deferred charges and accrued income | 490/1 | €0 | €28,480 | +€28,480 | |
| Total equity and liabilities | 10/49 | €1,347,102 | €2,365,099 | +€1.0m | +75.6% |
| Equity | 10/15 | €384,244 | €408,318 | +€24,075 | +6.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €364,244 | €388,318 | +€24,075 | +6.6% |
| Amounts payable | 17/49 | €962,859 | €1,956,781 | +€993,922 | +103.2% |
| Amounts payable after more than one year | 17 | €230,114 | €221,160 | -€8,954 | -3.9% |
| Financial debts | 170/4 | €230,114 | €221,160 | -€8,954 | -3.9% |
| Amounts payable within one year | 42/48 | €722,039 | €1,711,151 | +€989,112 | +137.0% |
| Current portion of amounts payable after more than one year | 42 | €8,625 | €9,686 | +€1,060 | +12.3% |
| Financial debts | 43 | €556 | €990,000 | +€989,444 | +177931.9% |
| Credit institutions | 430/8 | €556 | €990,000 | +€989,444 | +177931.9% |
| Trade debts | 44 | €22,751 | €2,202 | -€20,549 | -90.3% |
| Suppliers | 440/4 | €22,751 | €2,202 | -€20,549 | -90.3% |
| Taxes, remuneration and social security | 45 | €623 | €6,061 | +€5,438 | +872.6% |
| Taxes | 450/3 | €623 | €6,061 | +€5,438 | +872.6% |
| Other amounts payable | 47/48 | €689,483 | €703,202 | +€13,718 | +2.0% |
| Accrued charges and deferred income | 492/3 | €10,705 | €24,470 | +€13,765 | +128.6% |
| Other operating charges | 640/8 | €13,744 | €2,830 | -€10,914 | -79.4% |
| Gross operating margin | 9900 | -€7,310 | €23,436 | +€30,747 | |
| Operating profit (loss) | 9901 | -€21,054 | €20,606 | +€41,660 | |
| Financial income | 75/76B | €29,477 | €43,429 | +€13,952 | +47.3% |
| Recurring financial income | 75 | €29,477 | €43,429 | +€13,952 | +47.3% |
| Financial charges | 65/66B | €36,089 | €39,961 | +€3,871 | +10.7% |
| Recurring financial charges | 65 | €36,089 | €39,961 | +€3,871 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,666 | €24,075 | +€51,741 | |
| Income taxes | 67/77 | -€340 | €0 | +€340 | |
| Profit (loss) for the period | 9904 | -€27,326 | €24,075 | +€51,401 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,326 | €24,075 | +€51,401 |
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 10 October 2026 via checked.be.