DEBLOX: 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.
DEBLOX
Largest movements
- Tangible fixed assets +€390,586
up €390,586 (+132.9%), from €293,818 to €684,404
of which Land and buildings: +€396,079
- Cash +€87,205
up €87,205 (+376.8%), from €23,146 to €110,350
mainly Debts after one year (+€207,180) and Net result for the year (+€153,665)
- Receivables within one year -€35,065
down €35,065 (-81.6%), from €42,983 to €7,918
of which Trade receivables: -€35,248
- Stocks and contracts -€9,917
down €9,917 (-100.0%), from €9,917 to €0
- Debts after one year +€207,180
up €207,180 (+129.2%), from €160,336 to €367,516
- Other debts +€124,860
up €124,860 (+1074.7%), from €11,618 to €136,478
- Current portion of long-term debt +€57,398
up €57,398 (+531.1%), from €10,806 to €68,204
- Provisions +€37,861
new in 2025: €37,861
- Reserves +€17,187
up €17,187 (+14.8%), from €116,278 to €133,464
of which Tax-exempt reserves: +€113,584
- Gross operating margin +€223,324
up €223,324 (+324.9%), from €68,731 to €292,055
- Depreciation +€69,960
up €69,960 (+1792.2%), from €3,904 to €73,864
- Financial charges +€4,077
up €4,077 (+49.1%), from €8,309 to €12,387
- Taxes -€3,532
down €3,532 (-27.4%), from €12,878 to €9,346
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 | €370,517 | €803,386 | +€432,869 | +116.8% |
| Fixed assets | 21/28 | €293,818 | €684,404 | +€390,586 | +132.9% |
| Tangible fixed assets | 22/27 | €293,818 | €684,404 | +€390,586 | +132.9% |
| Land and buildings | 22 | €84,124 | €480,203 | +€396,079 | +470.8% |
| Furniture and vehicles | 24 | €6,378 | €80,910 | +€74,533 | +1168.7% |
| Leasing and similar rights | 25 | - | €117,291 | +€117,291 | |
| Assets under construction and advance payments | 27 | €203,316 | €6,000 | -€197,316 | -97.0% |
| Current assets | 29/58 | €76,700 | €118,982 | +€42,283 | +55.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €9,917 | €0 | -€9,917 | -100.0% |
| Stocks | 30/36 | €9,917 | €0 | -€9,917 | -100.0% |
| Amounts receivable within one year | 40/41 | €42,983 | €7,918 | -€35,065 | -81.6% |
| Trade receivables | 40 | €35,271 | €23 | -€35,248 | -99.9% |
| Other amounts receivable | 41 | €7,712 | €7,895 | +€183 | +2.4% |
| Cash at bank and in hand | 54/58 | €23,146 | €110,350 | +€87,205 | +376.8% |
| Deferred charges and accrued income | 490/1 | €654 | €714 | +€60 | +9.1% |
| Total equity and liabilities | 10/49 | €370,517 | €803,386 | +€432,869 | +116.8% |
| Equity | 10/15 | €134,878 | €152,064 | +€17,187 | +12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €116,278 | €133,464 | +€17,187 | +14.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Tax-exempt reserves | 132 | - | €113,584 | +€113,584 | |
| Distributable reserves | 133 | €114,418 | €19,881 | -€94,537 | -82.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €37,861 | +€37,861 | |
| Deferred taxes | 168 | - | €37,861 | +€37,861 | |
| Amounts payable | 17/49 | €235,639 | €613,461 | +€377,821 | +160.3% |
| Amounts payable after more than one year | 17 | €160,336 | €367,516 | +€207,180 | +129.2% |
| Financial debts | 170/4 | €160,336 | €367,516 | +€207,180 | +129.2% |
| Amounts payable within one year | 42/48 | €70,695 | €245,945 | +€175,250 | +247.9% |
| Current portion of amounts payable after more than one year | 42 | €10,806 | €68,204 | +€57,398 | +531.1% |
| Trade debts | 44 | €29,621 | €20,294 | -€9,327 | -31.5% |
| Suppliers | 440/4 | €29,621 | €20,294 | -€9,327 | -31.5% |
| Taxes, remuneration and social security | 45 | €18,650 | €20,969 | +€2,319 | +12.4% |
| Taxes | 450/3 | €18,650 | €20,969 | +€2,319 | +12.4% |
| Other amounts payable | 47/48 | €11,618 | €136,478 | +€124,860 | +1074.7% |
| Accrued charges and deferred income | 492/3 | €4,609 | €0 | -€4,609 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,904 | €73,864 | +€69,960 | +1792.2% |
| Other operating charges | 640/8 | €2,538 | €5,159 | +€2,621 | +103.3% |
| Gross operating margin | 9900 | €68,731 | €292,055 | +€223,324 | +324.9% |
| Operating profit (loss) | 9901 | €62,290 | €213,032 | +€150,742 | +242.0% |
| Financial income | 75/76B | €232 | €227 | -€5 | -2.3% |
| Recurring financial income | 75 | €232 | €227 | -€5 | -2.3% |
| Financial charges | 65/66B | €8,309 | €12,387 | +€4,077 | +49.1% |
| Recurring financial charges | 65 | €8,309 | €12,387 | +€4,077 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | €54,213 | €200,872 | +€146,659 | +270.5% |
| Transfer from deferred taxes | 780 | - | €627 | +€627 | |
| Transfer to deferred taxes | 680 | - | €38,488 | +€38,488 | |
| Income taxes | 67/77 | €12,878 | €9,346 | -€3,532 | -27.4% |
| Profit (loss) for the period | 9904 | €41,335 | €153,665 | +€112,330 | +271.8% |
| Transfer from tax-exempt reserves | 789 | - | €1,881 | +€1,881 | |
| Transfer to tax-exempt reserves | 689 | - | €115,464 | +€115,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,335 | €40,081 | -€1,253 | -3.0% |
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.