DEBONNET: 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.
DEBONNET
Largest movements
- Receivables within one year +€99,353
up €99,353 (+66.7%), from €149,057 to €248,410
of which Other amounts receivable: +€84,362
- Tangible fixed assets +€11,237
up €11,237 (+1.7%), from €676,670 to €687,907
of which Land and buildings: +€42,190
- Short-term financial debts +€83,367
up €83,367 (+55.9%), from €149,132 to €232,499
- Trade debts -€55,389
down €55,389 (-70.9%), from €78,174 to €22,785
- Debts after one year +€42,053
up €42,053 (+49.8%), from €84,491 to €126,543
- Current portion of long-term debt +€24,006
up €24,006 (+93.0%), from €25,803 to €49,809
- Gross operating margin +€22,094
up €22,094 (+12.1%), from €182,388 to €204,482
- Depreciation +€14,936
up €14,936 (+40.0%), from €37,311 to €52,248
- Staff costs +€2,437
up €2,437 (+2.9%), from €82,942 to €85,379
- Other operating charges +€2,348
up €2,348 (+10.0%), from €23,463 to €25,811
- Financial income +€2,167
up €2,167 (+708.7%), from €306 to €2,473
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 | €889,459 | €992,136 | +€102,677 | +11.5% |
| Fixed assets | 21/28 | €676,670 | €687,907 | +€11,237 | +1.7% |
| Tangible fixed assets | 22/27 | €676,670 | €687,907 | +€11,237 | +1.7% |
| Land and buildings | 22 | €567,671 | €609,862 | +€42,190 | +7.4% |
| Plant, machinery and equipment | 23 | €35,414 | €21,589 | -€13,825 | -39.0% |
| Furniture and vehicles | 24 | €73,585 | €56,457 | -€17,128 | -23.3% |
| Current assets | 29/58 | €212,788 | €304,229 | +€91,440 | +43.0% |
| Stocks and contracts in progress | 3 | €38,599 | €38,338 | -€261 | -0.7% |
| Stocks | 30/36 | €38,599 | €38,338 | -€261 | -0.7% |
| Amounts receivable within one year | 40/41 | €149,057 | €248,410 | +€99,353 | +66.7% |
| Trade receivables | 40 | €78,043 | €93,033 | +€14,990 | +19.2% |
| Other amounts receivable | 41 | €71,014 | €155,377 | +€84,362 | +118.8% |
| Cash at bank and in hand | 54/58 | €25,133 | €17,481 | -€7,651 | -30.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €889,459 | €992,136 | +€102,677 | +11.5% |
| Equity | 10/15 | €523,409 | €531,501 | +€8,092 | +1.5% |
| Contributions | 10/11 | €512,000 | €512,000 | = | 0.0% |
| Capital | 10 | €512,000 | €512,000 | = | 0.0% |
| Issued capital | 100 | €512,000 | €512,000 | = | 0.0% |
| Reserves | 13 | €29,000 | €29,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,800 | €22,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,591 | -€9,499 | +€8,092 | +46.0% |
| Amounts payable | 17/49 | €366,049 | €460,635 | +€94,586 | +25.8% |
| Amounts payable after more than one year | 17 | €84,491 | €126,543 | +€42,053 | +49.8% |
| Financial debts | 170/4 | €84,491 | €126,543 | +€42,053 | +49.8% |
| Amounts payable within one year | 42/48 | €281,558 | €334,092 | +€52,533 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €25,803 | €49,809 | +€24,006 | +93.0% |
| Financial debts | 43 | €149,132 | €232,499 | +€83,367 | +55.9% |
| Credit institutions | 430/8 | €149,132 | €232,499 | +€83,367 | +55.9% |
| Trade debts | 44 | €78,174 | €22,785 | -€55,389 | -70.9% |
| Suppliers | 440/4 | €78,174 | €22,785 | -€55,389 | -70.9% |
| Taxes, remuneration and social security | 45 | €27,750 | €28,998 | +€1,248 | +4.5% |
| Taxes | 450/3 | €12,920 | €12,619 | -€301 | -2.3% |
| Remuneration and social security | 454/9 | €14,830 | €16,379 | +€1,549 | +10.4% |
| Other amounts payable | 47/48 | €699 | €0 | -€699 | -100.0% |
| Remuneration, social security and pensions | 62 | €82,942 | €85,379 | +€2,437 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,311 | €52,248 | +€14,936 | +40.0% |
| Other operating charges | 640/8 | €23,463 | €25,811 | +€2,348 | +10.0% |
| Gross operating margin | 9900 | €182,388 | €204,482 | +€22,094 | +12.1% |
| Operating profit (loss) | 9901 | €38,671 | €41,044 | +€2,373 | +6.1% |
| Financial income | 75/76B | €306 | €2,473 | +€2,167 | +708.7% |
| Recurring financial income | 75 | €306 | €2,473 | +€2,167 | +708.7% |
| Financial charges | 65/66B | €28,926 | €30,176 | +€1,250 | +4.3% |
| Recurring financial charges | 65 | €28,926 | €30,176 | +€1,250 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €10,051 | €13,341 | +€3,290 | +32.7% |
| Income taxes | 67/77 | €5,281 | €5,249 | -€32 | -0.6% |
| Profit (loss) for the period | 9904 | €4,770 | €8,092 | +€3,322 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,770 | €8,092 | +€3,322 | +69.6% |
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 5 October 2026 via checked.be.