DEBINCO: 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.
What changed
DEBINCO
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €2.0m-€323,467
Equity
€71.9m
2024 · €73.2m-€1.3m
Cash
€263,321
2024 · €815,399-€552,078
Balance sheet total
€121.3m
2024 · €111.2m+€10.1m
Largest movements
Assets
- Current investments +€20.3m
up €20.3m (+153%), from €13.2m to €33.6m
- Receivables within one year -€5.2m
down €5.2m (-57.5%), from €9.0m to €3.8m
of which Other amounts receivable: -€5.2m
- Financial fixed assets -€4.4m
down €4.4m (-5.1%), from €87.1m to €82.7m
Equity and liabilities
- Debts after one year +€10.0m
up €10.0m (+46.1%), from €21.7m to €31.7m
- Other debts +€1.5m
up €1.5m (+99.8%), from €1.5m to €3.0m
- Reserves -€1.3m
down €1.3m (-4.9%), from €26.8m to €25.5m
of which Distributable reserves: -€1.4m
Income statement
- Services and other goods +€528,568
up €528,568 (+32.0%), from €1.7m to €2.2m
- Financial income -€270,729
down €270,729 (-9.7%), from €2.8m to €2.5m
- Turnover +€207,510
up €207,510 (+5.0%), from €4.2m to €4.4m
- Financial charges -€147,999
down €147,999 (-11.2%), from €1.3m to €1.2m
- Taxes -€125,959
down €125,959 (-62.2%), from €202,638 to €76,679
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.
Result 2024
€2.0m
Turnover
+€207,510
Other operating income
+€4,183
Services and other goods
-€528,568
Staff costs
-€452
Depreciation
-€8,978
Other operating charges
-€391
Financial income
-€270,729
Financial charges
+€147,999
Taxes
+€125,959
Result 2025
€1.7m
raises the resultlowers the result
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.
From operations
+€9.0m
Investment
-€16.3m
Financing
+€6.7m
Cash 2024
€815,399
From operations (derived)
+€9.0m
Net result for the year
+€1.7m
Depreciation
+€465,802
Receivables within one year
+€5.2m
Deferred charges and accrued income
+€79,870
Trade debts
+€201,496
Smaller working-capital items
-€85,469
Other debts
+€1.5m
Investment (derived)
-€16.3m
Investment in fixed assets (net)
+€4.0m
Current investments
-€20.3m
Financing
+€6.7m
Debts after one year
+€10.0m
Short-term financial debts
-€250,000
Contributions, distributions and other
-€3.0m
Cash 2025
€263,321
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,201,004 | €121,252,395 | +€10.1m | +9.0% |
| Fixed assets | 21/28 | €88,000,401 | €83,508,408 | -€4.5m | -5.1% |
| Intangible fixed assets | 21 | €102,641 | €56,095 | -€46,546 | -45.3% |
| Tangible fixed assets | 22/27 | €770,083 | €724,636 | -€45,447 | -5.9% |
| Furniture and vehicles | 24 | €770,083 | €724,636 | -€45,447 | -5.9% |
| Financial fixed assets | 28 | €87,127,677 | €82,727,677 | -€4.4m | -5.1% |
| Affiliated companies | 280/1 | €87,127,677 | €82,727,677 | -€4.4m | -5.1% |
| Participating interests | 280 | €78,527,677 | €78,527,677 | = | 0.0% |
| Amounts receivable | 281 | €8,600,000 | €4,200,000 | -€4.4m | -51.2% |
| Current assets | 29/58 | €23,200,603 | €37,743,987 | +€14.5m | +62.7% |
| Amounts receivable within one year | 40/41 | €8,963,107 | €3,812,260 | -€5.2m | -57.5% |
| Trade receivables | 40 | €1,202,430 | €1,256,483 | +€54,053 | +4.5% |
| Other amounts receivable | 41 | €7,760,677 | €2,555,777 | -€5.2m | -67.1% |
| Current investments | 50/53 | €13,248,055 | €33,574,234 | +€20.3m | +153% |
| Other investments | 51/53 | €13,248,055 | €33,574,234 | +€20.3m | +153% |
| Cash at bank and in hand | 54/58 | €815,399 | €263,321 | -€552,078 | -67.7% |
| Deferred charges and accrued income | 490/1 | €174,042 | €94,172 | -€79,870 | -45.9% |
| Total equity and liabilities | 10/49 | €111,201,004 | €121,252,395 | +€10.1m | +9.0% |
| Equity | 10/15 | €73,207,948 | €71,892,111 | -€1.3m | -1.8% |
| Contributions | 10/11 | €36,000,000 | €36,000,000 | = | 0.0% |
| Capital | 10 | €36,000,000 | €36,000,000 | = | 0.0% |
| Issued capital | 100 | €36,000,000 | €36,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €10,400,000 | €10,400,000 | = | 0.0% |
| Reserves | 13 | €26,807,948 | €25,492,111 | -€1.3m | -4.9% |
| Non-distributable reserves | 130/1 | €2,593,723 | €2,678,216 | +€84,493 | +3.3% |
| Legal reserve | 130 | €2,593,723 | €2,678,216 | +€84,493 | +3.3% |
| Distributable reserves | 133 | €24,214,225 | €22,813,895 | -€1.4m | -5.8% |
| Amounts payable | 17/49 | €37,993,056 | €49,360,284 | +€11.4m | +29.9% |
| Amounts payable after more than one year | 17 | €21,697,986 | €31,697,986 | +€10.0m | +46.1% |
| Financial debts | 170/4 | €21,697,986 | €31,697,986 | +€10.0m | +46.1% |
| Credit institutions | 173 | €5,000,000 | €5,000,000 | = | 0.0% |
| Other loans | 174 | €16,697,986 | €26,697,986 | +€10.0m | +59.9% |
| Amounts payable within one year | 42/48 | €16,237,438 | €17,646,929 | +€1.4m | +8.7% |
| Financial debts | 43 | €14,000,000 | €13,750,000 | -€250,000 | -1.8% |
| Other loans | 439 | €14,000,000 | €13,750,000 | -€250,000 | -1.8% |
| Trade debts | 44 | €204,774 | €406,270 | +€201,496 | +98.4% |
| Suppliers | 440/4 | €204,774 | €406,270 | +€201,496 | +98.4% |
| Taxes, remuneration and social security | 45 | €528,178 | €484,972 | -€43,206 | -8.2% |
| Taxes | 450/3 | €218,984 | €199,649 | -€19,335 | -8.8% |
| Remuneration and social security | 454/9 | €309,194 | €285,323 | -€23,871 | -7.7% |
| Other amounts payable | 47/48 | €1,504,486 | €3,005,687 | +€1.5m | +99.8% |
| Accrued charges and deferred income | 492/3 | €57,632 | €15,369 | -€42,263 | -73.3% |
| Operating income | 70/76A | €4,292,325 | €4,504,018 | +€211,693 | +4.9% |
| Turnover | 70 | €4,165,533 | €4,373,043 | +€207,510 | +5.0% |
| Other operating income | 74 | €126,792 | €130,975 | +€4,183 | +3.3% |
| Operating charges | 60/66A | €3,560,732 | €4,099,121 | +€538,389 | +15.1% |
| Services and other goods | 61 | €1,653,696 | €2,182,264 | +€528,568 | +32.0% |
| Remuneration, social security and pensions | 62 | €1,444,820 | €1,445,272 | +€452 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €456,824 | €465,802 | +€8,978 | +2.0% |
| Other operating charges | 640/8 | €5,392 | €5,783 | +€391 | +7.3% |
| Operating profit (loss) | 9901 | €731,593 | €404,897 | -€326,696 | -44.7% |
| Financial income | 75/76B | €2,804,401 | €2,533,672 | -€270,729 | -9.7% |
| Recurring financial income | 75 | €2,804,401 | €2,533,672 | -€270,729 | -9.7% |
| Income from financial fixed assets | 750 | €1,500,000 | €1,500,000 | = | 0.0% |
| Income from current assets | 751 | €998,922 | €742,594 | -€256,328 | -25.7% |
| Other financial income | 752/9 | €305,479 | €291,078 | -€14,401 | -4.7% |
| Financial charges | 65/66B | €1,320,039 | €1,172,040 | -€147,999 | -11.2% |
| Recurring financial charges | 65 | €1,320,039 | €1,172,040 | -€147,999 | -11.2% |
| Debt charges | 650 | €1,317,316 | €1,168,304 | -€149,012 | -11.3% |
| Other financial charges | 652/9 | €2,723 | €3,736 | +€1,013 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €2,215,955 | €1,766,529 | -€449,426 | -20.3% |
| Income taxes | 67/77 | €202,638 | €76,679 | -€125,959 | -62.2% |
| Taxes | 670/3 | €202,638 | €76,679 | -€125,959 | -62.2% |
| Profit (loss) for the period | 9904 | €2,013,317 | €1,689,850 | -€323,467 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,013,317 | €1,689,850 | -€323,467 | -16.1% |
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 16 October 2026 via checked.be.