DEBOTI: 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.
What changed
DEBOTI
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€248,275
2024 · €109,950+€138,325
Equity
€1.7m
2024 · €1.5m+€247,442
Cash
€329,551
2024 · €73,208+€256,343
Balance sheet total
€3.7m
2024 · €3.6m+€85,997
Largest movements
Assets
- Cash +€256,343
up €256,343 (+350%), from €73,208 to €329,551
mainly Net result for the year (+€248,275) and Depreciation (+€144,121)
- Tangible fixed assets -€250,381
down €250,381 (-7.7%), from €3.3m to €3.0m
of which Land and buildings: -€211,659
- Receivables within one year +€57,292
up €57,292 (+64.5%), from €88,766 to €146,058
of which Trade receivables: +€56,055
Equity and liabilities
- Profit (loss) carried forward +€374,711
up €374,711 (+63.2%), from €592,908 to €967,619
- Debts after one year -€155,302
down €155,302 (-14.7%), from €1.1m to €898,439
- Reserves -€127,270
down €127,270 (-15.2%), from €839,532 to €712,262
of which Tax-exempt reserves: -€127,270
- Trade debts +€62,560
up €62,560 (+158%), from €39,487 to €102,047
- Other debts -€54,509
down €54,509 (-7.5%), from €722,185 to €667,676
Income statement
- Turnover +€810,877
new in 2025: €810,877
- Gross operating margin -€536,914
no longer reported in 2025 (was €536,914)
- Other operating income +€265,941
new in 2025: €265,941
- Services and other goods +€244,321
new in 2025: €244,321
- Goods and materials +€199,717
new in 2025: €199,717
of which Purchases: +€222,217
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.
Result 2024
€109,950
Turnover
+€810,877
Other operating income
+€265,941
Goods and materials
-€199,717
Services and other goods
-€244,321
Staff costs
+€25,586
Depreciation
+€47,271
Other operating charges
-€18,114
Other operating items
-€483,413
Financial income
-€784
Financial charges
-€14,513
Taxes
-€90,565
Deferred taxes and other
+€40,078
Result 2025
€248,275
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€282,227
Investment
+€106,260
Financing
-€132,143
Cash 2024
€73,208
From operations (derived)
+€282,227
Net result for the year
+€248,275
Depreciation
+€144,121
Stocks and contracts
-€22,500
Receivables within one year
-€57,292
Deferred charges and accrued income
-€243
Provisions
-€42,423
Trade debts
+€62,560
Tax, wage and social debts
+€13,237
Other debts
-€54,509
Accrued charges and deferred income
-€9,000
Investment (derived)
+€106,260
Investment in fixed assets (net)
+€106,260
Financing
-€132,143
Debts after one year
-€155,302
Current portion of long-term debt
+€23,992
Contributions, distributions and other
-€833
Cash 2025
€329,551
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,587,059 | €3,673,056 | +€85,997 | +2.4% |
| Fixed assets | 21/28 | €3,272,854 | €3,022,473 | -€250,381 | -7.7% |
| Tangible fixed assets | 22/27 | €3,265,354 | €3,014,973 | -€250,381 | -7.7% |
| Land and buildings | 22 | €3,131,250 | €2,919,591 | -€211,659 | -6.8% |
| Plant, machinery and equipment | 23 | €126,231 | €94,333 | -€31,899 | -25.3% |
| Furniture and vehicles | 24 | €7,872 | €1,049 | -€6,823 | -86.7% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €7,500 | +€7,500 | |
| Amounts receivable and cash guarantees | 285/8 | - | €7,500 | +€7,500 | |
| Current assets | 29/58 | €314,206 | €650,584 | +€336,378 | +107% |
| Stocks and contracts in progress | 3 | €146,525 | €169,025 | +€22,500 | +15.4% |
| Stocks | 30/36 | €146,525 | €169,025 | +€22,500 | +15.4% |
| Goods purchased for resale | 34 | - | €169,025 | +€169,025 | |
| Amounts receivable within one year | 40/41 | €88,766 | €146,058 | +€57,292 | +64.5% |
| Trade receivables | 40 | €88,686 | €144,740 | +€56,055 | +63.2% |
| Other amounts receivable | 41 | €80 | €1,318 | +€1,237 | +1,538% |
| Cash at bank and in hand | 54/58 | €73,208 | €329,551 | +€256,343 | +350% |
| Deferred charges and accrued income | 490/1 | €5,707 | €5,950 | +€243 | +4.3% |
| Total equity and liabilities | 10/49 | €3,587,059 | €3,673,056 | +€85,997 | +2.4% |
| Equity | 10/15 | €1,472,440 | €1,719,881 | +€247,442 | +16.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €839,532 | €712,262 | -€127,270 | -15.2% |
| Tax-exempt reserves | 132 | €265,651 | €138,382 | -€127,270 | -47.9% |
| Distributable reserves | 133 | €573,880 | €573,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | €592,908 | €967,619 | +€374,711 | +63.2% |
| Provisions and deferred taxes | 16 | €82,300 | €39,877 | -€42,423 | -51.5% |
| Deferred taxes | 168 | €82,300 | €39,877 | -€42,423 | -51.5% |
| Amounts payable | 17/49 | €2,032,319 | €1,913,298 | -€119,021 | -5.9% |
| Amounts payable after more than one year | 17 | €1,053,741 | €898,439 | -€155,302 | -14.7% |
| Financial debts | 170/4 | €1,053,741 | €898,439 | -€155,302 | -14.7% |
| Credit institutions | 173 | - | €898,439 | +€898,439 | |
| Amounts payable within one year | 42/48 | €969,578 | €1,014,859 | +€45,281 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €160,477 | €184,469 | +€23,992 | +15.0% |
| Trade debts | 44 | €39,487 | €102,047 | +€62,560 | +158% |
| Suppliers | 440/4 | €39,487 | €102,047 | +€62,560 | +158% |
| Taxes, remuneration and social security | 45 | €47,430 | €60,667 | +€13,237 | +27.9% |
| Taxes | 450/3 | €35,312 | €51,735 | +€16,423 | +46.5% |
| Remuneration and social security | 454/9 | €12,118 | €8,932 | -€3,186 | -26.3% |
| Other amounts payable | 47/48 | €722,185 | €667,676 | -€54,509 | -7.5% |
| Accrued charges and deferred income | 492/3 | €9,000 | €0 | -€9,000 | -100% |
| Operating income | 70/76A | - | €1,130,320 | +€1.1m | |
| Turnover | 70 | - | €810,877 | +€810,877 | |
| Other operating income | 74 | - | €265,941 | +€265,941 | |
| Non-recurring operating income | 76A | €3,022 | €53,501 | +€50,479 | +1,671% |
| Operating charges | 60/66A | - | €719,406 | +€719,406 | |
| Goods for resale, raw materials and consumables | 60 | - | €199,717 | +€199,717 | |
| Purchases | 600/8 | - | €222,217 | +€222,217 | |
| Change in stocks: decrease (increase) | 609 | - | -€22,500 | -€22,500 | |
| Services and other goods | 61 | - | €244,321 | +€244,321 | |
| Remuneration, social security and pensions | 62 | €123,026 | €97,440 | -€25,586 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,392 | €144,121 | -€47,271 | -24.7% |
| Other operating charges | 640/8 | €15,693 | €33,807 | +€18,114 | +115% |
| Gross operating margin | 9900 | €536,914 | - | -€536,914 | |
| Operating profit (loss) | 9901 | €206,803 | €410,914 | +€204,110 | +98.7% |
| Financial income | 75/76B | €784 | €0 | -€784 | -100.0% |
| Recurring financial income | 75 | €784 | €0 | -€784 | -100.0% |
| Income from current assets | 751 | - | €0 | = | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €53,664 | €68,177 | +€14,513 | +27.0% |
| Recurring financial charges | 65 | €53,664 | €68,177 | +€14,513 | +27.0% |
| Debt charges | 650 | - | €67,377 | +€67,377 | |
| Other financial charges | 652/9 | - | €800 | +€800 | |
| Profit (loss) for the period before taxes | 9903 | €153,923 | €342,736 | +€188,813 | +123% |
| Transfer from deferred taxes | 780 | €2,346 | €43,178 | +€40,832 | +1,741% |
| Transfer to deferred taxes | 680 | - | €755 | +€755 | |
| Income taxes | 67/77 | €46,319 | €136,885 | +€90,565 | +196% |
| Taxes | 670/3 | - | €136,885 | +€136,885 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €109,950 | €248,275 | +€138,325 | +126% |
| Transfer from tax-exempt reserves | 789 | €7,037 | €129,534 | +€122,497 | +1,741% |
| Transfer to tax-exempt reserves | 689 | - | €2,265 | +€2,265 | |
| Profit (loss) for the period to be appropriated | 9905 | €116,987 | €375,544 | +€258,558 | +221% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.