DEBOMAT: 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.
DEBOMAT
Largest movements
- Stocks and contracts -€108,712
down €108,712 (-22.5%), from €482,380 to €373,668
- Tangible fixed assets -€51,282
down €51,282 (-10.3%), from €497,860 to €446,578
of which Land and buildings: -€49,887
- Receivables within one year -€31,751
down €31,751 (-11.5%), from €276,844 to €245,094
of which Trade receivables: -€81,270
- Deferred charges and accrued income -€13,035
down €13,035 (-100.0%), from €13,035 to €0
- Profit (loss) carried forward -€225,490
down €225,490 (-53.4%), from €421,943 to €196,452
- Other debts +€155,017
up €155,017 (+40.3%), from €384,423 to €539,440
- Tax, wage and social debts -€72,108
down €72,108 (-96.1%), from €75,030 to €2,922
of which Remuneration and social security: -€57,805
- Trade debts -€64,551
down €64,551 (-68.3%), from €94,462 to €29,911
- Staff costs -€312,449
down €312,449 (-63.0%), from €496,280 to €183,831
- Gross operating margin -€311,341
down €311,341 (-59.7%), from €521,624 to €210,282
- Write-downs +€163,684
up €163,684, from -€13,814 to €149,870
- Financial charges -€28,228
down €28,228 (-56.7%), from €49,769 to €21,541
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.
Cash bridge derived
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 | €1,297,518 | €1,087,473 | -€210,045 | -16.2% |
| Fixed assets | 21/28 | €497,860 | €446,578 | -€51,282 | -10.3% |
| Tangible fixed assets | 22/27 | €497,860 | €446,578 | -€51,282 | -10.3% |
| Land and buildings | 22 | €494,634 | €444,747 | -€49,887 | -10.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,227 | €1,831 | -€1,395 | -43.2% |
| Current assets | 29/58 | €799,658 | €640,895 | -€158,763 | -19.9% |
| Stocks and contracts in progress | 3 | €482,380 | €373,668 | -€108,712 | -22.5% |
| Stocks | 30/36 | €482,380 | €373,668 | -€108,712 | -22.5% |
| Amounts receivable within one year | 40/41 | €276,844 | €245,094 | -€31,751 | -11.5% |
| Trade receivables | 40 | €267,398 | €186,128 | -€81,270 | -30.4% |
| Other amounts receivable | 41 | €9,446 | €58,965 | +€49,519 | +524.2% |
| Cash at bank and in hand | 54/58 | €27,399 | €22,133 | -€5,266 | -19.2% |
| Deferred charges and accrued income | 490/1 | €13,035 | €0 | -€13,035 | -100.0% |
| Total equity and liabilities | 10/49 | €1,297,518 | €1,087,473 | -€210,045 | -16.2% |
| Equity | 10/15 | €730,657 | €505,166 | -€225,490 | -30.9% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Capital | 10 | €275,000 | €275,000 | = | 0.0% |
| Issued capital | 100 | €275,000 | €275,000 | = | 0.0% |
| Reserves | 13 | €33,714 | €33,714 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,500 | €27,500 | = | 0.0% |
| Legal reserve | 130 | €27,500 | €27,500 | = | 0.0% |
| Distributable reserves | 133 | €6,214 | €6,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | €421,943 | €196,452 | -€225,490 | -53.4% |
| Amounts payable | 17/49 | €566,862 | €582,307 | +€15,445 | +2.7% |
| Amounts payable within one year | 42/48 | €553,915 | €572,273 | +€18,358 | +3.3% |
| Trade debts | 44 | €94,462 | €29,911 | -€64,551 | -68.3% |
| Suppliers | 440/4 | €94,462 | €29,911 | -€64,551 | -68.3% |
| Taxes, remuneration and social security | 45 | €75,030 | €2,922 | -€72,108 | -96.1% |
| Taxes | 450/3 | €17,226 | €2,922 | -€14,303 | -83.0% |
| Remuneration and social security | 454/9 | €57,805 | €0 | -€57,805 | -100.0% |
| Other amounts payable | 47/48 | €384,423 | €539,440 | +€155,017 | +40.3% |
| Accrued charges and deferred income | 492/3 | €12,947 | €10,034 | -€2,913 | -22.5% |
| Non-recurring operating income | 76A | €0 | €1,955 | +€1,955 | |
| Remuneration, social security and pensions | 62 | €496,280 | €183,831 | -€312,449 | -63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,815 | €51,282 | -€1,533 | -2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,814 | €149,870 | +€163,684 | |
| Other operating charges | 640/8 | €13,487 | €12,144 | -€1,343 | -10.0% |
| Non-recurring operating charges | 66A | - | €23,057 | +€23,057 | |
| Gross operating margin | 9900 | €521,624 | €210,282 | -€311,341 | -59.7% |
| Operating profit (loss) | 9901 | -€27,144 | -€209,901 | -€182,757 | -673.3% |
| Financial income | 75/76B | €9,462 | €6,222 | -€3,240 | -34.2% |
| Recurring financial income | 75 | €9,462 | €6,222 | -€3,240 | -34.2% |
| Financial charges | 65/66B | €49,769 | €21,541 | -€28,228 | -56.7% |
| Recurring financial charges | 65 | €49,769 | €21,541 | -€28,228 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | -€67,452 | -€225,220 | -€157,769 | -233.9% |
| Income taxes | 67/77 | €797 | €270 | -€527 | -66.1% |
| Profit (loss) for the period | 9904 | -€68,249 | -€225,490 | -€157,242 | -230.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,249 | -€225,490 | -€157,242 | -230.4% |
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 9 October 2026 via checked.be.