DEBELS VLOEREN: what changed
Two fiscal 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.
DEBELS VLOEREN
Largest movements
- Tangible fixed assets +€368,973
up €368,973 (+176.1%), from €209,514 to €578,487
of which Land and buildings: +€389,761
- Receivables within one year +€60,422
up €60,422 (+121.0%), from €49,943 to €110,365
of which Other amounts receivable: +€60,960
- Trade debts +€389,643
up €389,643 (+86558.5%), from €450 to €390,093
- Debts after one year +€68,501
up €68,501 (+52.8%), from €129,775 to €198,277
- Reserves -€14,811
down €14,811 (-17.2%), from €85,979 to €71,169
of which Distributable reserves: -€14,811
- Gross operating margin -€47,890
down €47,890 (-31.1%), from €153,744 to €105,854
- Taxes -€9,529
down €9,529 (-96.5%), from €9,879 to €350
- Staff costs -€7,658
down €7,658 (-9.3%), from €82,303 to €74,645
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 | €296,278 | €726,882 | +€430,604 | +145.3% |
| Fixed assets | 21/28 | €209,514 | €578,487 | +€368,973 | +176.1% |
| Tangible fixed assets | 22/27 | €209,514 | €578,487 | +€368,973 | +176.1% |
| Land and buildings | 22 | €132,303 | €522,064 | +€389,761 | +294.6% |
| Plant, machinery and equipment | 23 | €1,114 | €1,987 | +€874 | +78.4% |
| Furniture and vehicles | 24 | €3,216 | €2,050 | -€1,165 | -36.2% |
| Leasing and similar rights | 25 | €63,030 | €44,284 | -€18,746 | -29.7% |
| Other tangible fixed assets | 26 | €9,852 | €8,102 | -€1,750 | -17.8% |
| Current assets | 29/58 | €86,763 | €148,395 | +€61,631 | +71.0% |
| Amounts receivable within one year | 40/41 | €49,943 | €110,365 | +€60,422 | +121.0% |
| Trade receivables | 40 | €11,473 | €10,935 | -€538 | -4.7% |
| Other amounts receivable | 41 | €38,470 | €99,430 | +€60,960 | +158.5% |
| Cash at bank and in hand | 54/58 | €31,443 | €31,178 | -€266 | -0.8% |
| Deferred charges and accrued income | 490/1 | €5,377 | €6,852 | +€1,475 | +27.4% |
| Total equity and liabilities | 10/49 | €296,278 | €726,882 | +€430,604 | +145.3% |
| Equity | 10/15 | €104,579 | €89,769 | -€14,811 | -14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,979 | €71,169 | -€14,811 | -17.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €85,979 | €71,169 | -€14,811 | -17.2% |
| Amounts payable | 17/49 | €191,698 | €637,113 | +€445,415 | +232.4% |
| Amounts payable after more than one year | 17 | €129,775 | €198,277 | +€68,501 | +52.8% |
| Financial debts | 170/4 | €129,775 | €198,277 | +€68,501 | +52.8% |
| Amounts payable within one year | 42/48 | €61,923 | €438,837 | +€376,914 | +608.7% |
| Current portion of amounts payable after more than one year | 42 | €35,195 | €35,854 | +€658 | +1.9% |
| Trade debts | 44 | €450 | €390,093 | +€389,643 | +86558.5% |
| Suppliers | 440/4 | €450 | €390,093 | +€389,643 | +86558.5% |
| Taxes, remuneration and social security | 45 | €19,277 | €12,890 | -€6,387 | -33.1% |
| Taxes | 450/3 | €18,218 | €9,209 | -€9,009 | -49.5% |
| Remuneration and social security | 454/9 | €1,060 | €3,682 | +€2,622 | +247.4% |
| Other amounts payable | 47/48 | €7,000 | €0 | -€7,000 | -100.0% |
| Non-recurring operating income | 76A | €13,158 | €0 | -€13,158 | -100.0% |
| Remuneration, social security and pensions | 62 | €82,303 | €74,645 | -€7,658 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,598 | €34,102 | -€496 | -1.4% |
| Other operating charges | 640/8 | €2,632 | €3,792 | +€1,160 | +44.1% |
| Gross operating margin | 9900 | €153,744 | €105,854 | -€47,890 | -31.1% |
| Operating profit (loss) | 9901 | €34,211 | -€6,685 | -€40,896 | |
| Financial income | 75/76B | €1,517 | €1,996 | +€479 | +31.6% |
| Recurring financial income | 75 | €1,517 | €1,996 | +€479 | +31.6% |
| Financial charges | 65/66B | €10,111 | €9,773 | -€338 | -3.3% |
| Recurring financial charges | 65 | €10,111 | €9,773 | -€338 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €25,618 | -€14,461 | -€40,079 | |
| Income taxes | 67/77 | €9,879 | €350 | -€9,529 | -96.5% |
| Profit (loss) for the period | 9904 | €15,739 | -€14,811 | -€30,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,739 | -€14,811 | -€30,550 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.