DEBEUCKELAERE: 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.
DEBEUCKELAERE
Largest movements
- Cash +€21,179
up €21,179 (+1832.8%), from €1,156 to €22,335
mainly Depreciation (+€26,649) and Net result for the year (+€23,968)
- Tangible fixed assets -€9,705
down €9,705 (-9.8%), from €98,917 to €89,212
of which Furniture and vehicles: -€11,238
- Receivables within one year +€8,590
up €8,590 (+104.8%), from €8,198 to €16,788
of which Other amounts receivable: +€7,678
- Reserves +€23,968
up €23,968 (+52.8%), from €45,428 to €69,396
of which Distributable reserves: +€23,968
- Current portion of long-term debt +€23,291
up €23,291 (+152.4%), from €15,285 to €38,576
- Debts after one year -€15,996
down €15,996 (-35.3%), from €45,335 to €29,339
- Tax, wage and social debts -€5,977
down €5,977 (-100.0%), from €5,977 to €0
- Other debts -€4,045
down €4,045 (-85.4%), from €4,734 to €689
- Gross operating margin +€31,993
up €31,993 (+87.4%), from €36,617 to €68,610
- Taxes +€8,689
up €8,689 (+145.4%), from €5,977 to €14,666
- Depreciation +€4,298
up €4,298 (+19.2%), from €22,351 to €26,649
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 | €128,175 | €147,286 | +€19,111 | +14.9% |
| Fixed assets | 21/28 | €105,608 | €95,903 | -€9,705 | -9.2% |
| Tangible fixed assets | 22/27 | €98,917 | €89,212 | -€9,705 | -9.8% |
| Plant, machinery and equipment | 23 | €1,494 | €3,229 | +€1,735 | +116.2% |
| Furniture and vehicles | 24 | €97,019 | €85,781 | -€11,238 | -11.6% |
| Other tangible fixed assets | 26 | €405 | €202 | -€202 | -50.0% |
| Financial fixed assets | 28 | €6,691 | €6,691 | = | 0.0% |
| Current assets | 29/58 | €22,567 | €51,383 | +€28,816 | +127.7% |
| Amounts receivable after more than one year | 29 | €9,000 | €9,000 | = | 0.0% |
| Other amounts receivable | 291 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,198 | €16,788 | +€8,590 | +104.8% |
| Trade receivables | 40 | €350 | €1,262 | +€912 | +260.6% |
| Other amounts receivable | 41 | €7,848 | €15,525 | +€7,678 | +97.8% |
| Cash at bank and in hand | 54/58 | €1,156 | €22,335 | +€21,179 | +1832.8% |
| Deferred charges and accrued income | 490/1 | €4,214 | €3,261 | -€953 | -22.6% |
| Total equity and liabilities | 10/49 | €128,175 | €147,286 | +€19,111 | +14.9% |
| Equity | 10/15 | €51,628 | €75,596 | +€23,968 | +46.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,428 | €69,396 | +€23,968 | +52.8% |
| Tax-exempt reserves | 132 | €5,893 | €5,893 | = | 0.0% |
| Distributable reserves | 133 | €39,535 | €63,503 | +€23,968 | +60.6% |
| Amounts payable | 17/49 | €76,547 | €71,690 | -€4,858 | -6.3% |
| Amounts payable after more than one year | 17 | €45,335 | €29,339 | -€15,996 | -35.3% |
| Financial debts | 170/4 | €45,335 | €29,339 | -€15,996 | -35.3% |
| Amounts payable within one year | 42/48 | €31,213 | €42,351 | +€11,138 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €15,285 | €38,576 | +€23,291 | +152.4% |
| Financial debts | 43 | €750 | €2,325 | +€1,574 | +209.8% |
| Credit institutions | 430/8 | €750 | €2,325 | +€1,574 | +209.8% |
| Trade debts | 44 | €4,467 | €762 | -€3,705 | -82.9% |
| Suppliers | 440/4 | €4,467 | €762 | -€3,705 | -82.9% |
| Taxes, remuneration and social security | 45 | €5,977 | €0 | -€5,977 | -100.0% |
| Taxes | 450/3 | €5,977 | €0 | -€5,977 | -100.0% |
| Other amounts payable | 47/48 | €4,734 | €689 | -€4,045 | -85.4% |
| Non-recurring operating income | 76A | €0 | €5,781 | +€5,781 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,351 | €26,649 | +€4,298 | +19.2% |
| Other operating charges | 640/8 | €1,151 | €1,331 | +€180 | +15.7% |
| Gross operating margin | 9900 | €36,617 | €68,610 | +€31,993 | +87.4% |
| Operating profit (loss) | 9901 | €13,115 | €40,630 | +€27,515 | +209.8% |
| Financial income | 75/76B | €810 | €759 | -€51 | -6.3% |
| Recurring financial income | 75 | €810 | €759 | -€51 | -6.3% |
| Financial charges | 65/66B | €2,919 | €2,755 | -€163 | -5.6% |
| Recurring financial charges | 65 | €2,919 | €2,755 | -€163 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €11,007 | €38,634 | +€27,627 | +251.0% |
| Income taxes | 67/77 | €5,977 | €14,666 | +€8,689 | +145.4% |
| Profit (loss) for the period | 9904 | €5,031 | €23,968 | +€18,938 | +376.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,031 | €23,968 | +€18,938 | +376.5% |
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.