Debolac: 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.
Debolac
Largest movements
- Tangible fixed assets +€46,986
up €46,986 (+49.2%), from €95,581 to €142,567
of which Furniture and vehicles: +€54,656
- Cash +€29,512
up €29,512 (+2660.4%), from €1,109 to €30,621
mainly Debts after one year (+€187,403) and Depreciation (+€30,226)
- Stocks and contracts -€4,432
down €4,432 (-4.2%), from €105,465 to €101,033
- Debts after one year +€187,403
up €187,403 (+57.0%), from €328,850 to €516,253
of which Other amounts payable: +€150,000
- Profit (loss) carried forward -€69,472
down €69,472 (-10.8%), from -€642,028 to -€711,500
- Short-term financial debts -€21,250
down €21,250 (-25.0%), from €85,000 to €63,750
- Other debts -€18,264
no longer reported in 2025 (was €18,264)
- Trade debts +€8,965
up €8,965 (+5.5%), from €163,075 to €172,040
- Gross operating margin -€77,133
down €77,133 (-44.2%), from €174,366 to €97,234
- Staff costs -€56,337
down €56,337 (-35.4%), from €158,940 to €102,603
- Depreciation +€4,422
up €4,422 (+17.1%), from €25,804 to €30,226
- Financial charges +€3,271
up €3,271 (+11.4%), from €28,654 to €31,926
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 | €257,014 | €331,898 | +€74,884 | +29.1% |
| Fixed assets | 21/28 | €111,460 | €158,446 | +€46,986 | +42.2% |
| Tangible fixed assets | 22/27 | €95,581 | €142,567 | +€46,986 | +49.2% |
| Land and buildings | 22 | €47,457 | €41,433 | -€6,025 | -12.7% |
| Plant, machinery and equipment | 23 | €46,082 | €44,436 | -€1,646 | -3.6% |
| Furniture and vehicles | 24 | €2,042 | €56,698 | +€54,656 | +2676.8% |
| Financial fixed assets | 28 | €15,879 | €15,879 | = | 0.0% |
| Current assets | 29/58 | €145,554 | €173,452 | +€27,898 | +19.2% |
| Stocks and contracts in progress | 3 | €105,465 | €101,033 | -€4,432 | -4.2% |
| Stocks | 30/36 | €105,465 | €101,033 | -€4,432 | -4.2% |
| Amounts receivable within one year | 40/41 | €38,980 | €41,798 | +€2,818 | +7.2% |
| Trade receivables | 40 | €28,233 | €28,278 | +€45 | +0.2% |
| Other amounts receivable | 41 | €10,747 | €13,520 | +€2,773 | +25.8% |
| Cash at bank and in hand | 54/58 | €1,109 | €30,621 | +€29,512 | +2660.4% |
| Total equity and liabilities | 10/49 | €257,014 | €331,898 | +€74,884 | +29.1% |
| Equity | 10/15 | -€367,411 | -€436,883 | -€69,472 | -18.9% |
| Contributions | 10/11 | €274,617 | €274,617 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€642,028 | -€711,500 | -€69,472 | -10.8% |
| Amounts payable | 17/49 | €624,425 | €768,781 | +€144,356 | +23.1% |
| Amounts payable after more than one year | 17 | €328,850 | €516,253 | +€187,403 | +57.0% |
| Financial debts | 170/4 | €53,850 | €53,850 | = | 0.0% |
| Advances received on contracts in progress | 176 | - | €37,403 | +€37,403 | |
| Other amounts payable | 178/9 | €275,000 | €425,000 | +€150,000 | +54.5% |
| Amounts payable within one year | 42/48 | €295,576 | €252,528 | -€43,048 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €22,054 | €16,507 | -€5,548 | -25.2% |
| Financial debts | 43 | €85,000 | €63,750 | -€21,250 | -25.0% |
| Credit institutions | 430/8 | €85,000 | €63,750 | -€21,250 | -25.0% |
| Trade debts | 44 | €163,075 | €172,040 | +€8,965 | +5.5% |
| Suppliers | 440/4 | €163,075 | €172,040 | +€8,965 | +5.5% |
| Taxes, remuneration and social security | 45 | €7,183 | €231 | -€6,951 | -96.8% |
| Taxes | 450/3 | - | €231 | +€231 | |
| Remuneration and social security | 454/9 | €7,183 | - | -€7,183 | |
| Other amounts payable | 47/48 | €18,264 | - | -€18,264 | |
| Remuneration, social security and pensions | 62 | €158,940 | €102,603 | -€56,337 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,804 | €30,226 | +€4,422 | +17.1% |
| Other operating charges | 640/8 | €2,745 | €1,951 | -€794 | -28.9% |
| Non-recurring operating charges | 66A | €19,034 | - | -€19,034 | |
| Gross operating margin | 9900 | €174,366 | €97,234 | -€77,133 | -44.2% |
| Operating profit (loss) | 9901 | -€32,157 | -€37,547 | -€5,390 | -16.8% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Financial charges | 65/66B | €28,654 | €31,926 | +€3,271 | +11.4% |
| Recurring financial charges | 65 | €28,654 | €31,926 | +€3,271 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€60,785 | -€69,472 | -€8,688 | -14.3% |
| Profit (loss) for the period | 9904 | -€60,785 | -€69,472 | -€8,688 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,785 | -€69,472 | -€8,688 | -14.3% |
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 6 October 2026 via checked.be.