DEBETRA: 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.
DEBETRA
Largest movements
- Tangible fixed assets -€308,849
down €308,849 (-16.9%), from €1.8m to €1.5m
of which Leasing and similar rights: -€285,000
- Receivables within one year +€70,399
up €70,399 (+29.9%), from €235,431 to €305,830
of which Trade receivables: +€62,865
- Cash +€58,473
up €58,473 (+7.8%), from €745,710 to €804,183
mainly Depreciation (+€381,888) and Net result for the year (+€138,109)
- Debts after one year -€210,841
down €210,841 (-24.9%), from €846,494 to €635,653
- Current portion of long-term debt -€127,208
down €127,208 (-34.6%), from €367,499 to €240,291
- Trade debts +€96,334
up €96,334 (+39.8%), from €242,158 to €338,492
- Reserves +€47,074
up €47,074 (+2.9%), from €1.6m to €1.7m
of which Distributable reserves: +€47,074
- Gross operating margin +€153,795
up €153,795 (+11.5%), from €1.3m to €1.5m
- Staff costs +€117,465
up €117,465 (+15.5%), from €757,473 to €874,938
- Depreciation -€61,253
down €61,253 (-13.8%), from €443,140 to €381,888
- Taxes +€28,701
up €28,701 (+138%), from €20,782 to €49,484
- Financial income -€14,971
down €14,971 (-62.7%), from €23,893 to €8,922
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 | €3,357,408 | €3,196,045 | -€161,363 | -4.8% |
| Fixed assets | 21/28 | €1,827,705 | €1,518,181 | -€309,524 | -16.9% |
| Tangible fixed assets | 22/27 | €1,826,085 | €1,517,236 | -€308,849 | -16.9% |
| Land and buildings | 22 | €976,519 | €958,658 | -€17,861 | -1.8% |
| Plant, machinery and equipment | 23 | €13,959 | €10,732 | -€3,227 | -23.1% |
| Furniture and vehicles | 24 | €66,498 | €63,737 | -€2,762 | -4.2% |
| Leasing and similar rights | 25 | €769,109 | €484,110 | -€285,000 | -37.1% |
| Financial fixed assets | 28 | €1,620 | €945 | -€675 | -41.7% |
| Current assets | 29/58 | €1,529,703 | €1,677,864 | +€148,161 | +9.7% |
| Stocks and contracts in progress | 3 | €21,505 | €28,509 | +€7,004 | +32.6% |
| Stocks | 30/36 | €21,505 | €28,509 | +€7,004 | +32.6% |
| Amounts receivable within one year | 40/41 | €235,431 | €305,830 | +€70,399 | +29.9% |
| Trade receivables | 40 | €201,273 | €264,138 | +€62,865 | +31.2% |
| Other amounts receivable | 41 | €34,158 | €41,692 | +€7,534 | +22.1% |
| Current investments | 50/53 | €520,525 | €527,834 | +€7,309 | +1.4% |
| Cash at bank and in hand | 54/58 | €745,710 | €804,183 | +€58,473 | +7.8% |
| Deferred charges and accrued income | 490/1 | €6,532 | €11,508 | +€4,976 | +76.2% |
| Total equity and liabilities | 10/49 | €3,357,408 | €3,196,045 | -€161,363 | -4.8% |
| Equity | 10/15 | €1,679,804 | €1,726,878 | +€47,074 | +2.8% |
| Contributions | 10/11 | €55,780 | €55,780 | = | 0.0% |
| Reserves | 13 | €1,624,024 | €1,671,098 | +€47,074 | +2.9% |
| Tax-exempt reserves | 132 | €370,172 | €370,172 | = | 0.0% |
| Distributable reserves | 133 | €1,253,852 | €1,300,926 | +€47,074 | +3.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €41,217 | €41,217 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €41,217 | €41,217 | = | 0.0% |
| Pensions and similar obligations | 160 | €41,217 | €41,217 | = | 0.0% |
| Amounts payable | 17/49 | €1,636,387 | €1,427,950 | -€208,437 | -12.7% |
| Amounts payable after more than one year | 17 | €846,494 | €635,653 | -€210,841 | -24.9% |
| Financial debts | 170/4 | €846,494 | €635,653 | -€210,841 | -24.9% |
| Amounts payable within one year | 42/48 | €789,436 | €785,193 | -€4,243 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €367,499 | €240,291 | -€127,208 | -34.6% |
| Financial debts | 43 | €27,040 | €34,727 | +€7,687 | +28.4% |
| Credit institutions | 430/8 | €27,040 | €34,727 | +€7,687 | +28.4% |
| Trade debts | 44 | €242,158 | €338,492 | +€96,334 | +39.8% |
| Suppliers | 440/4 | €242,158 | €338,492 | +€96,334 | +39.8% |
| Taxes, remuneration and social security | 45 | €84,533 | €88,100 | +€3,567 | +4.2% |
| Taxes | 450/3 | €6,918 | €13,938 | +€7,020 | +101% |
| Remuneration and social security | 454/9 | €77,614 | €74,162 | -€3,452 | -4.4% |
| Other amounts payable | 47/48 | €68,206 | €83,584 | +€15,377 | +22.5% |
| Accrued charges and deferred income | 492/3 | €456 | €7,103 | +€6,647 | +1,458% |
| Remuneration, social security and pensions | 62 | €757,473 | €874,938 | +€117,465 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443,140 | €381,888 | -€61,253 | -13.8% |
| Other operating charges | 640/8 | €22,047 | €22,113 | +€66 | +0.3% |
| Gross operating margin | 9900 | €1,342,784 | €1,496,579 | +€153,795 | +11.5% |
| Operating profit (loss) | 9901 | €120,124 | €217,641 | +€97,517 | +81.2% |
| Financial income | 75/76B | €23,893 | €8,922 | -€14,971 | -62.7% |
| Recurring financial income | 75 | €23,893 | €8,922 | -€14,971 | -62.7% |
| Financial charges | 65/66B | €33,153 | €38,970 | +€5,817 | +17.5% |
| Recurring financial charges | 65 | €33,153 | €38,970 | +€5,817 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €110,863 | €187,593 | +€76,730 | +69.2% |
| Income taxes | 67/77 | €20,782 | €49,484 | +€28,701 | +138% |
| Profit (loss) for the period | 9904 | €90,081 | €138,109 | +€48,028 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €90,081 | €138,109 | +€48,028 | +53.3% |
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 13 October 2026 via checked.be.