Deblanc: 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.
Deblanc
Largest movements
- Receivables within one year +€154,797
up €154,797 (+248%), from €62,453 to €217,250
of which Trade receivables: +€162,094
- Tangible fixed assets -€48,613
down €48,613 (-25.1%), from €193,352 to €144,739
of which Land and buildings: -€32,897
- Stocks and contracts -€13,500
down €13,500 (-3.9%), from €347,800 to €334,300
- Trade debts +€151,147
up €151,147 (+858%), from €17,616 to €168,763
- Reserves -€50,455
down €50,455 (-21.0%), from €240,190 to €189,735
of which Distributable reserves: -€50,455
- Debts after one year -€34,824
down €34,824 (-89.0%), from €39,127 to €4,303
- Other debts +€31,002
up €31,002 (+12.6%), from €245,704 to €276,706
- Tax, wage and social debts -€13,455
down €13,455 (-91.8%), from €14,655 to €1,200
of which Taxes: -€13,455
- Gross operating margin +€21,695
up €21,695 (+46.2%), from €46,946 to €68,642
- Other operating charges -€1,271
down €1,271 (-49.2%), from €2,580 to €1,309
- Taxes +€1,200
new in 2024: €1,200
- Financial charges -€1,171
down €1,171 (-15.1%), from €7,778 to €6,607
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €608,237 | €700,403 | +€92,166 | +15.2% |
| Fixed assets | 21/28 | €193,352 | €144,739 | -€48,613 | -25.1% |
| Tangible fixed assets | 22/27 | €193,352 | €144,739 | -€48,613 | -25.1% |
| Land and buildings | 22 | €144,908 | €112,011 | -€32,897 | -22.7% |
| Plant, machinery and equipment | 23 | €18,954 | €14,872 | -€4,082 | -21.5% |
| Furniture and vehicles | 24 | €1,972 | €1,303 | -€669 | -33.9% |
| Leasing and similar rights | 25 | €27,518 | €16,553 | -€10,965 | -39.8% |
| Current assets | 29/58 | €414,886 | €555,664 | +€140,778 | +33.9% |
| Stocks and contracts in progress | 3 | €347,800 | €334,300 | -€13,500 | -3.9% |
| Stocks | 30/36 | €347,800 | €334,300 | -€13,500 | -3.9% |
| Amounts receivable within one year | 40/41 | €62,453 | €217,250 | +€154,797 | +248% |
| Trade receivables | 40 | €1,377 | €163,471 | +€162,094 | +11,772% |
| Other amounts receivable | 41 | €61,076 | €53,779 | -€7,297 | -11.9% |
| Cash at bank and in hand | 54/58 | €3,708 | €2,715 | -€993 | -26.8% |
| Deferred charges and accrued income | 490/1 | €925 | €1,399 | +€474 | +51.2% |
| Total equity and liabilities | 10/49 | €608,237 | €700,403 | +€92,166 | +15.2% |
| Equity | 10/15 | €251,413 | €202,043 | -€49,370 | -19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €240,190 | €189,735 | -€50,455 | -21.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €240,190 | €189,735 | -€50,455 | -21.0% |
| Profit (loss) carried forward | 14 | €5,023 | €6,108 | +€1,085 | +21.6% |
| Amounts payable | 17/49 | €356,824 | €498,360 | +€141,536 | +39.7% |
| Amounts payable after more than one year | 17 | €39,127 | €4,303 | -€34,824 | -89.0% |
| Financial debts | 170/4 | €39,127 | €4,303 | -€34,824 | -89.0% |
| Amounts payable within one year | 42/48 | €317,182 | €481,493 | +€164,311 | +51.8% |
| Current portion of amounts payable after more than one year | 42 | €39,207 | €34,824 | -€4,383 | -11.2% |
| Trade debts | 44 | €17,616 | €168,763 | +€151,147 | +858% |
| Suppliers | 440/4 | €17,616 | €168,763 | +€151,147 | +858% |
| Taxes, remuneration and social security | 45 | €14,655 | €1,200 | -€13,455 | -91.8% |
| Taxes | 450/3 | €14,655 | €1,200 | -€13,455 | -91.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €245,704 | €276,706 | +€31,002 | +12.6% |
| Accrued charges and deferred income | 492/3 | €516 | €12,565 | +€12,049 | +2,334% |
| Remuneration, social security and pensions | 62 | -€255 | €0 | +€255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,401 | €48,613 | +€212 | +0.4% |
| Other operating charges | 640/8 | €2,580 | €1,309 | -€1,271 | -49.2% |
| Gross operating margin | 9900 | €46,946 | €68,642 | +€21,695 | +46.2% |
| Operating profit (loss) | 9901 | -€3,779 | €18,720 | +€22,498 | |
| Financial income | 75/76B | €1,938 | €2,172 | +€235 | +12.1% |
| Recurring financial income | 75 | €1,938 | €2,172 | +€235 | +12.1% |
| Financial charges | 65/66B | €7,778 | €6,607 | -€1,171 | -15.1% |
| Recurring financial charges | 65 | €7,778 | €6,607 | -€1,171 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,619 | €14,285 | +€23,904 | |
| Income taxes | 67/77 | - | €1,200 | +€1,200 | |
| Profit (loss) for the period | 9904 | -€9,619 | €13,085 | +€22,704 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,619 | €13,085 | +€22,704 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.