DEBO: 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.
DEBO
Largest movements
- Tangible fixed assets -€23,060
down €23,060 (-5.8%), from €395,032 to €371,972
of which Furniture and vehicles: -€12,914
- Cash -€17,255
down €17,255 (-16.0%), from €107,591 to €90,336
mainly Contributions, distributions and other (-€33,727) and Deferred charges and accrued income (-€15,836)
- Deferred charges and accrued income +€15,836
up €15,836 (+321%), from €4,934 to €20,770
- Reserves -€19,322
down €19,322 (-7.3%), from €263,262 to €243,940
of which Distributable reserves: -€19,322
- Other debts -€7,525
down €7,525 (-4.1%), from €185,213 to €177,688
- Gross operating margin +€17,437
up €17,437 (+42.7%), from €40,876 to €58,313
- Taxes +€5,148
up €5,148 (+156%), from €3,298 to €8,447
- Other operating charges +€594
up €594 (+4.5%), from €13,056 to €13,650
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €512,358 | €487,879 | -€24,479 | -4.8% |
| Fixed assets | 21/28 | €395,107 | €372,047 | -€23,060 | -5.8% |
| Tangible fixed assets | 22/27 | €395,032 | €371,972 | -€23,060 | -5.8% |
| Land and buildings | 22 | €342,031 | €331,586 | -€10,445 | -3.1% |
| Plant, machinery and equipment | 23 | €3,575 | €3,874 | +€299 | +8.4% |
| Furniture and vehicles | 24 | €49,426 | €36,512 | -€12,914 | -26.1% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €117,251 | €115,832 | -€1,420 | -1.2% |
| Amounts receivable within one year | 40/41 | €4,726 | €4,726 | = | 0.0% |
| Trade receivables | 40 | €2,056 | €2,056 | = | 0.0% |
| Other amounts receivable | 41 | €2,670 | €2,670 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €107,591 | €90,336 | -€17,255 | -16.0% |
| Deferred charges and accrued income | 490/1 | €4,934 | €20,770 | +€15,836 | +321% |
| Total equity and liabilities | 10/49 | €512,358 | €487,879 | -€24,479 | -4.8% |
| Equity | 10/15 | €324,762 | €305,440 | -€19,322 | -5.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €263,262 | €243,940 | -€19,322 | -7.3% |
| Non-distributable reserves | 130/1 | €50,471 | €50,471 | = | 0.0% |
| Legal reserve | 130 | €50,471 | €50,471 | = | 0.0% |
| Distributable reserves | 133 | €212,791 | €193,469 | -€19,322 | -9.1% |
| Amounts payable | 17/49 | €187,596 | €182,438 | -€5,158 | -2.7% |
| Amounts payable within one year | 42/48 | €186,996 | €182,438 | -€4,558 | -2.4% |
| Trade debts | 44 | €1,783 | €2,195 | +€412 | +23.1% |
| Suppliers | 440/4 | €1,783 | €2,195 | +€412 | +23.1% |
| Taxes, remuneration and social security | 45 | - | €2,555 | +€2,555 | |
| Taxes | 450/3 | - | €2,555 | +€2,555 | |
| Other amounts payable | 47/48 | €185,213 | €177,688 | -€7,525 | -4.1% |
| Accrued charges and deferred income | 492/3 | €600 | - | -€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,099 | €24,615 | -€484 | -1.9% |
| Other operating charges | 640/8 | €13,056 | €13,650 | +€594 | +4.5% |
| Gross operating margin | 9900 | €40,876 | €58,313 | +€17,437 | +42.7% |
| Operating profit (loss) | 9901 | €2,721 | €20,048 | +€17,327 | +637% |
| Financial income | 75/76B | €3,228 | €2,977 | -€251 | -7.8% |
| Recurring financial income | 75 | €3,228 | €2,977 | -€251 | -7.8% |
| Financial charges | 65/66B | €154 | €173 | +€19 | +12.5% |
| Recurring financial charges | 65 | €154 | €173 | +€19 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €5,795 | €22,852 | +€17,057 | +294% |
| Income taxes | 67/77 | €3,298 | €8,447 | +€5,148 | +156% |
| Profit (loss) for the period | 9904 | €2,496 | €14,405 | +€11,909 | +477% |
| Profit (loss) for the period to be appropriated | 9905 | €2,496 | €14,405 | +€11,909 | +477% |
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 18 October 2026 via checked.be.