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
- Cash -€28,297
down €28,297 (-48.5%), from €58,345 to €30,049
mainly Other debts (-€30,296) and Debts after one year (-€22,780)
- Tangible fixed assets -€18,302
down €18,302 (-3.0%), from €604,141 to €585,839
of which Land and buildings: -€16,135
- Receivables within one year -€8,293
down €8,293 (-68.2%), from €12,162 to €3,869
of which Trade receivables: -€6,867
- Other debts -€30,296
down €30,296 (-60.2%), from €50,344 to €20,048
- Debts after one year -€22,780
down €22,780 (-5.0%), from €456,945 to €434,166
- Profit (loss) carried forward -€13,519
down €13,519 (-40.9%), from -€33,036 to -€46,555
- Accrued charges and deferred income +€8,973
up €8,973 (+371.4%), from €2,416 to €11,388
- Gross operating margin +€26,007
up €26,007 (+3360.0%), from €774 to €26,781
- Depreciation +€12,218
up €12,218 (+136.4%), from €8,954 to €21,172
- Financial charges +€9,979
up €9,979 (+139.7%), from €7,141 to €17,120
- Other operating charges +€968
up €968 (+82.8%), from €1,170 to €2,138
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 | €674,649 | €620,260 | -€54,389 | -8.1% |
| Fixed assets | 21/28 | €604,141 | €585,839 | -€18,302 | -3.0% |
| Tangible fixed assets | 22/27 | €604,141 | €585,839 | -€18,302 | -3.0% |
| Land and buildings | 22 | €598,590 | €582,455 | -€16,135 | -2.7% |
| Plant, machinery and equipment | 23 | €5,551 | €3,384 | -€2,167 | -39.0% |
| Current assets | 29/58 | €70,507 | €34,421 | -€36,087 | -51.2% |
| Amounts receivable within one year | 40/41 | €12,162 | €3,869 | -€8,293 | -68.2% |
| Trade receivables | 40 | €10,600 | €3,733 | -€6,867 | -64.8% |
| Other amounts receivable | 41 | €1,562 | €136 | -€1,426 | -91.3% |
| Cash at bank and in hand | 54/58 | €58,345 | €30,049 | -€28,297 | -48.5% |
| Deferred charges and accrued income | 490/1 | - | €503 | +€503 | |
| Total equity and liabilities | 10/49 | €674,649 | €620,260 | -€54,389 | -8.1% |
| Equity | 10/15 | €106,754 | €93,235 | -€13,519 | -12.7% |
| Contributions | 10/11 | €98,600 | €98,600 | = | 0.0% |
| Reserves | 13 | €41,190 | €41,190 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,884 | €5,884 | = | 0.0% |
| Distributable reserves | 133 | €35,306 | €35,306 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,036 | -€46,555 | -€13,519 | -40.9% |
| Amounts payable | 17/49 | €567,895 | €527,025 | -€40,870 | -7.2% |
| Amounts payable after more than one year | 17 | €456,945 | €434,166 | -€22,780 | -5.0% |
| Financial debts | 170/4 | €456,945 | €434,166 | -€22,780 | -5.0% |
| Amounts payable within one year | 42/48 | €108,534 | €81,471 | -€27,062 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €57,286 | €59,630 | +€2,344 | +4.1% |
| Trade debts | 44 | €904 | €1,272 | +€368 | +40.7% |
| Suppliers | 440/4 | €904 | €1,272 | +€368 | +40.7% |
| Taxes, remuneration and social security | 45 | - | €521 | +€521 | |
| Taxes | 450/3 | - | €521 | +€521 | |
| Other amounts payable | 47/48 | €50,344 | €20,048 | -€30,296 | -60.2% |
| Accrued charges and deferred income | 492/3 | €2,416 | €11,388 | +€8,973 | +371.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,954 | €21,172 | +€12,218 | +136.4% |
| Other operating charges | 640/8 | €1,170 | €2,138 | +€968 | +82.8% |
| Non-recurring operating charges | 66A | €16,650 | - | -€16,650 | |
| Gross operating margin | 9900 | €774 | €26,781 | +€26,007 | +3360.0% |
| Operating profit (loss) | 9901 | -€26,000 | €3,470 | +€29,471 | |
| Financial income | 75/76B | €304 | €130 | -€174 | -57.2% |
| Recurring financial income | 75 | €304 | €130 | -€174 | -57.2% |
| Financial charges | 65/66B | €7,141 | €17,120 | +€9,979 | +139.7% |
| Recurring financial charges | 65 | €7,141 | €17,120 | +€9,979 | +139.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,837 | -€13,519 | +€19,318 | +58.8% |
| Income taxes | 67/77 | €199 | - | -€199 | |
| Profit (loss) for the period | 9904 | -€33,036 | -€13,519 | +€19,517 | +59.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,036 | -€13,519 | +€19,517 | +59.1% |
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 12 October 2026 via checked.be.