DEBIFIN: 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.
DEBIFIN
Largest movements
- Tangible fixed assets +€6.3m
up €6.3m (+111.9%), from €5.6m to €11.9m
- Receivables within one year +€215,342
up €215,342 (+613.8%), from €35,082 to €250,424
of which Other amounts receivable: +€218,175
- Other debts +€7.9m
up €7.9m (+302.6%), from €2.6m to €10.5m
- Debts after one year -€800,000
down €800,000 (-76.2%), from €1.1m to €250,000
- Reserves -€401,780
down €401,780 (-22.0%), from €1.8m to €1.4m
of which Distributable reserves: -€382,323
- Depreciation +€516,777
up €516,777 (+170.5%), from €303,012 to €819,789
- Financial charges -€60,976
down €60,976 (-56.8%), from €107,321 to €46,345
of which Financial charges: -€60,976
- Gross operating margin +€36,090
up €36,090 (+8.0%), from €449,200 to €485,290
- Financial income -€33,859
down €33,859 (-100.0%), from €33,859 to €0
- Taxes -€13,332
down €13,332 (-100.0%), from €13,332 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 | €6,880,591 | €13,528,044 | +€6.6m | +96.6% |
| Fixed assets | 21/28 | €6,595,579 | €12,857,924 | +€6.3m | +94.9% |
| Tangible fixed assets | 22/27 | €5,595,579 | €11,857,924 | +€6.3m | +111.9% |
| Land and buildings | 22 | €5,595,579 | €11,857,924 | +€6.3m | +111.9% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €285,012 | €670,120 | +€385,108 | +135.1% |
| Amounts receivable after more than one year | 29 | - | €130,000 | +€130,000 | |
| Other amounts receivable | 291 | - | €130,000 | +€130,000 | |
| Amounts receivable within one year | 40/41 | €35,082 | €250,424 | +€215,342 | +613.8% |
| Trade receivables | 40 | €3,257 | €424 | -€2,832 | -87.0% |
| Other amounts receivable | 41 | €31,826 | €250,000 | +€218,175 | +685.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €166,697 | €286,096 | +€119,400 | +71.6% |
| Deferred charges and accrued income | 490/1 | €83,233 | €3,599 | -€79,634 | -95.7% |
| Total equity and liabilities | 10/49 | €6,880,591 | €13,528,044 | +€6.6m | +96.6% |
| Equity | 10/15 | €2,866,371 | €2,464,591 | -€401,780 | -14.0% |
| Contributions | 10/11 | €1,043,710 | €1,043,710 | = | 0.0% |
| Capital | 10 | €1,043,710 | €1,043,710 | = | 0.0% |
| Issued capital | 100 | €1,043,710 | €1,043,710 | = | 0.0% |
| Reserves | 13 | €1,822,661 | €1,420,881 | -€401,780 | -22.0% |
| Non-distributable reserves | 130/1 | €104,371 | €104,371 | = | 0.0% |
| Legal reserve | 130 | €104,371 | €104,371 | = | 0.0% |
| Tax-exempt reserves | 132 | €672,075 | €652,618 | -€19,457 | -2.9% |
| Distributable reserves | 133 | €1,046,215 | €663,892 | -€382,323 | -36.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €224,025 | €217,539 | -€6,486 | -2.9% |
| Deferred taxes | 168 | €224,025 | €217,539 | -€6,486 | -2.9% |
| Amounts payable | 17/49 | €3,790,195 | €10,845,913 | +€7.1m | +186.2% |
| Amounts payable after more than one year | 17 | €1,050,000 | €250,000 | -€800,000 | -76.2% |
| Other amounts payable | 178/9 | €1,050,000 | €250,000 | -€800,000 | -76.2% |
| Amounts payable within one year | 42/48 | €2,652,187 | €10,547,354 | +€7.9m | +297.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,324 | €6,671 | +€2,346 | +54.3% |
| Suppliers | 440/4 | €4,324 | €6,671 | +€2,346 | +54.3% |
| Taxes, remuneration and social security | 45 | €33,833 | €17,364 | -€16,469 | -48.7% |
| Taxes | 450/3 | €33,833 | €17,364 | -€16,469 | -48.7% |
| Other amounts payable | 47/48 | €2,614,029 | €10,523,320 | +€7.9m | +302.6% |
| Accrued charges and deferred income | 492/3 | €88,008 | €48,559 | -€39,449 | -44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303,012 | €819,789 | +€516,777 | +170.5% |
| Other operating charges | 640/8 | €24,897 | €27,422 | +€2,525 | +10.1% |
| Gross operating margin | 9900 | €449,200 | €485,290 | +€36,090 | +8.0% |
| Operating profit (loss) | 9901 | €121,291 | -€361,920 | -€483,211 | |
| Financial income | 75/76B | €33,859 | €0 | -€33,859 | -100.0% |
| Recurring financial income | 75 | €33,859 | €0 | -€33,859 | -100.0% |
| Financial charges | 65/66B | €107,321 | €46,345 | -€60,976 | -56.8% |
| Recurring financial charges | 65 | €107,321 | €46,345 | -€60,976 | -56.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €47,829 | -€408,266 | -€456,095 | |
| Transfer from deferred taxes | 780 | €1,375 | €6,486 | +€5,111 | +371.7% |
| Income taxes | 67/77 | €13,332 | €0 | -€13,332 | -100.0% |
| Profit (loss) for the period | 9904 | €35,872 | -€401,780 | -€437,652 | |
| Transfer from tax-exempt reserves | 789 | €4,125 | €19,457 | +€15,332 | +371.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,997 | -€382,323 | -€422,320 |
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 8 October 2026 via checked.be.