DEBOR: 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.
DEBOR
Largest movements
- Receivables within one year +€200,189
up €200,189 (+8,785%), from €2,279 to €202,467
of which Other amounts receivable: +€200,189
- Cash -€119,058
down €119,058 (-75.2%), from €158,392 to €39,334
mainly Receivables within one year (-€200,189) and Investment in fixed assets (net) (-€24,375)
- Tangible fixed assets -€11,398
down €11,398 (-6.1%), from €188,315 to €176,917
of which Land and buildings: -€9,423
- Profit (loss) carried forward +€74,604
up €74,604 (+6.5%), from -€1.1m to -€1.1m
- Trade debts -€8,823
down €8,823 (-69.9%), from €12,615 to €3,791
- Gross operating margin -€1,753
down €1,753 (-1.4%), from €127,140 to €125,387
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 | €366,141 | €435,873 | +€69,732 | +19.0% |
| Fixed assets | 21/28 | €188,315 | €176,917 | -€11,398 | -6.1% |
| Tangible fixed assets | 22/27 | €188,315 | €176,917 | -€11,398 | -6.1% |
| Land and buildings | 22 | €178,115 | €168,691 | -€9,423 | -5.3% |
| Plant, machinery and equipment | 23 | €10,201 | €8,226 | -€1,975 | -19.4% |
| Current assets | 29/58 | €177,825 | €258,956 | +€81,130 | +45.6% |
| Amounts receivable within one year | 40/41 | €2,279 | €202,467 | +€200,189 | +8,785% |
| Trade receivables | 40 | €2,242 | €2,242 | = | 0.0% |
| Other amounts receivable | 41 | €37 | €200,225 | +€200,189 | +545,028% |
| Cash at bank and in hand | 54/58 | €158,392 | €39,334 | -€119,058 | -75.2% |
| Deferred charges and accrued income | 490/1 | €17,155 | €17,155 | = | 0.0% |
| Total equity and liabilities | 10/49 | €366,141 | €435,873 | +€69,732 | +19.0% |
| Equity | 10/15 | €353,526 | €428,131 | +€74,604 | +21.1% |
| Contributions | 10/11 | €1,170,738 | €1,170,738 | = | 0.0% |
| Capital | 10 | €1,170,738 | €1,170,738 | = | 0.0% |
| Issued capital | 100 | €1,170,738 | €1,170,738 | = | 0.0% |
| Reserves | 13 | €331,759 | €331,759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €88,600 | €88,600 | = | 0.0% |
| Legal reserve | 130 | €88,600 | €88,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €224,409 | €224,409 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,148,970 | -€1,074,366 | +€74,604 | +6.5% |
| Amounts payable | 17/49 | €12,615 | €7,743 | -€4,872 | -38.6% |
| Amounts payable within one year | 42/48 | €12,615 | €7,743 | -€4,872 | -38.6% |
| Trade debts | 44 | €12,615 | €3,791 | -€8,823 | -69.9% |
| Suppliers | 440/4 | €12,615 | €3,791 | -€8,823 | -69.9% |
| Taxes, remuneration and social security | 45 | - | €3,951 | +€3,951 | |
| Taxes | 450/3 | - | €3,951 | +€3,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,576 | €35,773 | +€197 | +0.6% |
| Other operating charges | 640/8 | €14,810 | €15,014 | +€204 | +1.4% |
| Gross operating margin | 9900 | €127,140 | €125,387 | -€1,753 | -1.4% |
| Operating profit (loss) | 9901 | €76,754 | €74,600 | -€2,154 | -2.8% |
| Financial income | 75/76B | €20 | €248 | +€227 | +1,116% |
| Recurring financial income | 75 | €20 | €248 | +€227 | +1,116% |
| Financial charges | 65/66B | €245 | €243 | -€2 | -0.9% |
| Recurring financial charges | 65 | €245 | €243 | -€2 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €76,529 | €74,604 | -€1,925 | -2.5% |
| Profit (loss) for the period | 9904 | €76,529 | €74,604 | -€1,925 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €76,529 | €74,604 | -€1,925 | -2.5% |
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 14 October 2026 via checked.be.