DEBOUCHAGE BRAVO: 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.
DEBOUCHAGE BRAVO
Largest movements
- Receivables within one year +€465,673
up €465,673 (+70.5%), from €660,783 to €1.1m
of which Trade receivables: +€505,693
- Tangible fixed assets +€124,699
up €124,699 (+24.6%), from €505,986 to €630,685
of which Furniture and vehicles: +€169,183
- Cash -€45,949
down €45,949 (-61.0%), from €75,338 to €29,389
mainly Receivables within one year (-€465,673) and Investment in fixed assets (net) (-€193,501)
- Reserves +€701,000
new in 2025: €701,000
of which Distributable reserves: +€700,000
- Profit (loss) carried forward -€435,243
down €435,243 (-89.0%), from €489,233 to €53,990
- Trade debts +€173,432
up €173,432 (+80.0%), from €216,915 to €390,347
of which Suppliers: +€173,715
- Tax, wage and social debts +€40,574
up €40,574 (+39.3%), from €103,159 to €143,733
of which Taxes: +€28,064
- Current portion of long-term debt +€38,272
up €38,272 (+65.2%), from €58,663 to €96,935
- Gross operating margin +€177,984
up €177,984 (+38.5%), from €462,020 to €640,004
- Staff costs +€63,815
up €63,815 (+68.5%), from €93,190 to €157,005
- Depreciation +€41,115
up €41,115 (+146%), from €28,187 to €69,302
- Taxes +€31,615
up €31,615 (+41.5%), from €76,206 to €107,821
- Financial charges +€12,478
up €12,478 (+265%), from €4,709 to €17,187
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 | €1,272,839 | €1,823,682 | +€550,843 | +43.3% |
| Fixed assets | 21/28 | €535,861 | €660,060 | +€124,199 | +23.2% |
| Intangible fixed assets | 21 | €4,375 | €3,875 | -€500 | -11.4% |
| Tangible fixed assets | 22/27 | €505,986 | €630,685 | +€124,699 | +24.6% |
| Plant, machinery and equipment | 23 | €47,547 | €48,063 | +€516 | +1.1% |
| Furniture and vehicles | 24 | €14,604 | €183,787 | +€169,183 | +1,158% |
| Leasing and similar rights | 25 | €443,835 | €398,836 | -€44,999 | -10.1% |
| Financial fixed assets | 28 | €25,500 | €25,500 | = | 0.0% |
| Current assets | 29/58 | €736,978 | €1,163,622 | +€426,644 | +57.9% |
| Amounts receivable within one year | 40/41 | €660,783 | €1,126,456 | +€465,673 | +70.5% |
| Trade receivables | 40 | €606,816 | €1,112,509 | +€505,693 | +83.3% |
| Other amounts receivable | 41 | €53,967 | €13,947 | -€40,020 | -74.2% |
| Cash at bank and in hand | 54/58 | €75,338 | €29,389 | -€45,949 | -61.0% |
| Deferred charges and accrued income | 490/1 | €857 | €7,776 | +€6,919 | +807% |
| Total equity and liabilities | 10/49 | €1,272,839 | €1,823,682 | +€550,843 | +43.3% |
| Equity | 10/15 | €499,233 | €764,990 | +€265,757 | +53.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €701,000 | +€701,000 | |
| Non-distributable reserves | 130/1 | - | €1,000 | +€1,000 | |
| Reserves not available under the articles | 1311 | - | €1,000 | +€1,000 | |
| Distributable reserves | 133 | - | €700,000 | +€700,000 | |
| Profit (loss) carried forward | 14 | €489,233 | €53,990 | -€435,243 | -89.0% |
| Amounts payable | 17/49 | €773,606 | €1,058,692 | +€285,086 | +36.9% |
| Amounts payable after more than one year | 17 | €394,869 | €407,788 | +€12,919 | +3.3% |
| Financial debts | 170/4 | €394,869 | €407,788 | +€12,919 | +3.3% |
| Amounts payable within one year | 42/48 | €378,737 | €650,904 | +€272,167 | +71.9% |
| Current portion of amounts payable after more than one year | 42 | €58,663 | €96,935 | +€38,272 | +65.2% |
| Trade debts | 44 | €216,915 | €390,347 | +€173,432 | +80.0% |
| Suppliers | 440/4 | €216,632 | €390,347 | +€173,715 | +80.2% |
| Bills of exchange payable | 441 | €283 | - | -€283 | |
| Taxes, remuneration and social security | 45 | €103,159 | €143,733 | +€40,574 | +39.3% |
| Taxes | 450/3 | €90,986 | €119,050 | +€28,064 | +30.8% |
| Remuneration and social security | 454/9 | €12,173 | €24,683 | +€12,510 | +103% |
| Other amounts payable | 47/48 | - | €19,889 | +€19,889 | |
| Remuneration, social security and pensions | 62 | €93,190 | €157,005 | +€63,815 | +68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,187 | €69,302 | +€41,115 | +146% |
| Other operating charges | 640/8 | €10,686 | €22,933 | +€12,247 | +115% |
| Gross operating margin | 9900 | €462,020 | €640,004 | +€177,984 | +38.5% |
| Operating profit (loss) | 9901 | €329,957 | €390,764 | +€60,807 | +18.4% |
| Financial charges | 65/66B | €4,709 | €17,187 | +€12,478 | +265% |
| Recurring financial charges | 65 | €4,709 | €17,187 | +€12,478 | +265% |
| Profit (loss) for the period before taxes | 9903 | €325,248 | €373,577 | +€48,329 | +14.9% |
| Income taxes | 67/77 | €76,206 | €107,821 | +€31,615 | +41.5% |
| Profit (loss) for the period | 9904 | €249,042 | €265,757 | +€16,715 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €249,042 | €265,757 | +€16,715 | +6.7% |
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 25 October 2026 via checked.be.