DEBORAH: 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.
DEBORAH
Largest movements
- Tangible fixed assets -€12,155
down €12,155 (-7.3%), from €165,540 to €153,385
of which Land and buildings: -€8,344
- Deferred charges and accrued income +€6,600
new in 2025: €6,600
- Cash +€3,572
up €3,572 (+9.3%), from €38,493 to €42,065
mainly Depreciation (+€12,155)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€676
up €676 (+5.7%), from €11,837 to €12,512
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 | €204,460 | €202,493 | -€1,967 | -1.0% |
| Fixed assets | 21/28 | €165,540 | €153,385 | -€12,155 | -7.3% |
| Tangible fixed assets | 22/27 | €165,540 | €153,385 | -€12,155 | -7.3% |
| Land and buildings | 22 | €139,262 | €130,917 | -€8,344 | -6.0% |
| Plant, machinery and equipment | 23 | €26,278 | €22,468 | -€3,810 | -14.5% |
| Current assets | 29/58 | €38,920 | €49,108 | +€10,187 | +26.2% |
| Amounts receivable within one year | 40/41 | €427 | €443 | +€16 | +3.7% |
| Other amounts receivable | 41 | €427 | €443 | +€16 | +3.7% |
| Cash at bank and in hand | 54/58 | €38,493 | €42,065 | +€3,572 | +9.3% |
| Deferred charges and accrued income | 490/1 | - | €6,600 | +€6,600 | |
| Total equity and liabilities | 10/49 | €204,460 | €202,493 | -€1,967 | -1.0% |
| Equity | 10/15 | -€48,870 | -€50,629 | -€1,759 | -3.6% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €73,068 | €73,068 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €70,589 | €70,589 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,727 | -€148,486 | -€1,759 | -1.2% |
| Amounts payable | 17/49 | €253,330 | €253,122 | -€208 | -0.1% |
| Amounts payable within one year | 42/48 | €253,330 | €253,122 | -€208 | -0.1% |
| Trade debts | 44 | €249 | €41 | -€208 | -83.6% |
| Suppliers | 440/4 | €249 | €41 | -€208 | -83.6% |
| Other amounts payable | 47/48 | €253,081 | €253,081 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,155 | €12,155 | = | 0.0% |
| Other operating charges | 640/8 | €1,904 | €1,964 | +€60 | +3.1% |
| Gross operating margin | 9900 | €11,837 | €12,512 | +€676 | +5.7% |
| Operating profit (loss) | 9901 | -€2,222 | -€1,606 | +€616 | +27.7% |
| Financial charges | 65/66B | €158 | €153 | -€5 | -3.1% |
| Recurring financial charges | 65 | €158 | €153 | -€5 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,380 | -€1,759 | +€621 | +26.1% |
| Profit (loss) for the period | 9904 | -€2,380 | -€1,759 | +€621 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,380 | -€1,759 | +€621 | +26.1% |
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 8 October 2026 via checked.be.