DEBORRE T & D: what changed
DEBORRE T & D
Largest movements
- Tangible fixed assets +€31,129
up €31,129 (+17.2%), from €181,067 to €212,196
of which Plant, machinery and equipment: +€21,587
- Cash -€29,967
down €29,967 (-24.7%), from €121,186 to €91,218
mainly Investment in fixed assets (net) (-€90,368) and Receivables within one year (-€16,304)
- Receivables within one year +€16,304
up €16,304 (+40.0%), from €40,807 to €57,111
of which Trade receivables: +€26,379
- Deferred charges and accrued income +€7,628
up €7,628 (+379%), from €2,013 to €9,641
- Other debts +€27,368
up €27,368 (+55.4%), from €49,438 to €76,806
- Reserves +€24,257
up €24,257 (+12.7%), from €190,595 to €214,852
of which Distributable reserves: +€24,257
- Trade debts -€10,781
down €10,781 (-21.6%), from €49,842 to €39,061
- Debts after one year -€7,571
down €7,571 (-27.9%), from €27,142 to €19,571
- Tax, wage and social debts -€6,513
down €6,513 (-49.1%), from €13,275 to €6,762
of which Taxes: -€7,128
- Depreciation +€15,967
up €15,967 (+36.9%), from €43,272 to €59,239
- Staff costs +€13,363
up €13,363 (+12.3%), from €108,852 to €122,215
- Gross operating margin -€10,337
down €10,337 (-4.4%), from €235,867 to €225,530
- Financial income -€6,067
down €6,067 (-99.7%), from €6,084 to €17
of which Non-recurring financial income: -€6,000
- Taxes -€3,925
down €3,925 (-21.4%), from €18,337 to €14,412
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €345,731 | €370,824 | +€25,094 | +7.3% |
| Fixed assets | 21/28 | €181,726 | €212,855 | +€31,129 | +17.1% |
| Tangible fixed assets | 22/27 | €181,067 | €212,196 | +€31,129 | +17.2% |
| Plant, machinery and equipment | 23 | €76,818 | €98,404 | +€21,587 | +28.1% |
| Furniture and vehicles | 24 | €104,250 | €113,792 | +€9,542 | +9.2% |
| Financial fixed assets | 28 | €658 | €658 | = | 0.0% |
| Current assets | 29/58 | €164,005 | €157,970 | -€6,036 | -3.7% |
| Amounts receivable within one year | 40/41 | €40,807 | €57,111 | +€16,304 | +40.0% |
| Trade receivables | 40 | €4,719 | €31,098 | +€26,379 | +559% |
| Other amounts receivable | 41 | €36,088 | €26,013 | -€10,075 | -27.9% |
| Cash at bank and in hand | 54/58 | €121,186 | €91,218 | -€29,967 | -24.7% |
| Deferred charges and accrued income | 490/1 | €2,013 | €9,641 | +€7,628 | +379% |
| Total equity and liabilities | 10/49 | €345,731 | €370,824 | +€25,094 | +7.3% |
| Equity | 10/15 | €196,795 | €221,052 | +€24,257 | +12.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €190,595 | €214,852 | +€24,257 | +12.7% |
| Tax-exempt reserves | 132 | €13,038 | €13,038 | = | 0.0% |
| Distributable reserves | 133 | €177,557 | €201,814 | +€24,257 | +13.7% |
| Amounts payable | 17/49 | €148,936 | €149,772 | +€836 | +0.6% |
| Amounts payable after more than one year | 17 | €27,142 | €19,571 | -€7,571 | -27.9% |
| Financial debts | 170/4 | €27,142 | €19,571 | -€7,571 | -27.9% |
| Amounts payable within one year | 42/48 | €121,793 | €130,201 | +€8,407 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €9,239 | €7,572 | -€1,667 | -18.0% |
| Trade debts | 44 | €49,842 | €39,061 | -€10,781 | -21.6% |
| Suppliers | 440/4 | €49,842 | €39,061 | -€10,781 | -21.6% |
| Taxes, remuneration and social security | 45 | €13,275 | €6,762 | -€6,513 | -49.1% |
| Taxes | 450/3 | €13,066 | €5,938 | -€7,128 | -54.6% |
| Remuneration and social security | 454/9 | €209 | €825 | +€616 | +295% |
| Other amounts payable | 47/48 | €49,438 | €76,806 | +€27,368 | +55.4% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €108,852 | €122,215 | +€13,363 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,272 | €59,239 | +€15,967 | +36.9% |
| Other operating charges | 640/8 | €605 | €3,994 | +€3,390 | +561% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €235,867 | €225,530 | -€10,337 | -4.4% |
| Operating profit (loss) | 9901 | €83,139 | €40,082 | -€43,057 | -51.8% |
| Financial income | 75/76B | €6,084 | €17 | -€6,067 | -99.7% |
| Recurring financial income | 75 | €84 | €17 | -€67 | -79.9% |
| Non-recurring financial income | 76B | €6,000 | - | -€6,000 | |
| Financial charges | 65/66B | €3,876 | €1,429 | -€2,447 | -63.1% |
| Recurring financial charges | 65 | €1,289 | €1,429 | +€140 | +10.9% |
| Non-recurring financial charges | 66B | €2,587 | - | -€2,587 | |
| Profit (loss) for the period before taxes | 9903 | €85,347 | €38,669 | -€46,677 | -54.7% |
| Income taxes | 67/77 | €18,337 | €14,412 | -€3,925 | -21.4% |
| Profit (loss) for the period | 9904 | €67,009 | €24,257 | -€42,752 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,009 | €24,257 | -€42,752 | -63.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.