DEBOUGNOUX: 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.
DEBOUGNOUX
Largest movements
- Cash +€95,139
up €95,139 (+44.7%), from €212,680 to €307,819
mainly Net result for the year (+€679,097) and Other debts (+€191,634)
- Stocks and contracts +€63,120
up €63,120, from €0 to €63,120
- Receivables within one year +€45,477
up €45,477 (+41.9%), from €108,482 to €153,959
of which Trade receivables: +€57,805
- Tangible fixed assets -€39,499
down €39,499 (-10.6%), from €373,856 to €334,357
of which Furniture and vehicles: -€32,715
- Other debts +€191,634
up €191,634 (+39.2%), from €488,790 to €680,424
- Trade debts +€40,442
up €40,442 (+858.5%), from €4,711 to €45,153
of which Suppliers: +€39,442
- Debts after one year -€38,584
down €38,584 (-37.6%), from €102,734 to €64,150
- Tax, wage and social debts -€24,966
down €24,966 (-48.3%), from €51,719 to €26,753
of which Taxes: -€23,906
- Gross operating margin +€299,575
up €299,575 (+29.4%), from €1.0m to €1.3m
- Taxes +€61,765
up €61,765 (+37.7%), from €163,653 to €225,418
- Depreciation +€40,678
up €40,678 (+43.3%), from €93,844 to €134,523
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 | €706,551 | €876,069 | +€169,518 | +24.0% |
| Fixed assets | 21/28 | €373,856 | €334,357 | -€39,499 | -10.6% |
| Tangible fixed assets | 22/27 | €373,856 | €334,357 | -€39,499 | -10.6% |
| Plant, machinery and equipment | 23 | €2,623 | €11,065 | +€8,443 | +321.9% |
| Furniture and vehicles | 24 | €192,708 | €159,993 | -€32,715 | -17.0% |
| Leasing and similar rights | 25 | €122,199 | €96,554 | -€25,645 | -21.0% |
| Other tangible fixed assets | 26 | €56,327 | €66,745 | +€10,418 | +18.5% |
| Current assets | 29/58 | €332,695 | €541,712 | +€209,017 | +62.8% |
| Stocks and contracts in progress | 3 | €0 | €63,120 | +€63,120 | |
| Stocks | 30/36 | €0 | €63,120 | +€63,120 | |
| Amounts receivable within one year | 40/41 | €108,482 | €153,959 | +€45,477 | +41.9% |
| Trade receivables | 40 | €59,808 | €117,613 | +€57,805 | +96.7% |
| Other amounts receivable | 41 | €48,674 | €36,347 | -€12,328 | -25.3% |
| Cash at bank and in hand | 54/58 | €212,680 | €307,819 | +€95,139 | +44.7% |
| Deferred charges and accrued income | 490/1 | €11,533 | €16,814 | +€5,280 | +45.8% |
| Total equity and liabilities | 10/49 | €706,551 | €876,069 | +€169,518 | +24.0% |
| Equity | 10/15 | €20,908 | €21,005 | +€97 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €448 | €545 | +€97 | +21.6% |
| Amounts payable | 17/49 | €685,643 | €855,064 | +€169,421 | +24.7% |
| Amounts payable after more than one year | 17 | €102,734 | €64,150 | -€38,584 | -37.6% |
| Financial debts | 170/4 | €102,734 | €64,150 | -€38,584 | -37.6% |
| Amounts payable within one year | 42/48 | €582,909 | €790,914 | +€208,005 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €37,689 | €38,584 | +€894 | +2.4% |
| Trade debts | 44 | €4,711 | €45,153 | +€40,442 | +858.5% |
| Suppliers | 440/4 | €4,711 | €44,153 | +€39,442 | +837.3% |
| Bills of exchange payable | 441 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €51,719 | €26,753 | -€24,966 | -48.3% |
| Taxes | 450/3 | €35,713 | €11,807 | -€23,906 | -66.9% |
| Remuneration and social security | 454/9 | €16,006 | €14,946 | -€1,060 | -6.6% |
| Other amounts payable | 47/48 | €488,790 | €680,424 | +€191,634 | +39.2% |
| Remuneration, social security and pensions | 62 | €259,748 | €262,092 | +€2,344 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,844 | €134,523 | +€40,678 | +43.3% |
| Other operating charges | 640/8 | €4,949 | €3,191 | -€1,758 | -35.5% |
| Gross operating margin | 9900 | €1,020,088 | €1,319,663 | +€299,575 | +29.4% |
| Operating profit (loss) | 9901 | €661,547 | €919,856 | +€258,310 | +39.0% |
| Financial charges | 65/66B | €13,454 | €15,342 | +€1,887 | +14.0% |
| Recurring financial charges | 65 | €13,454 | €15,342 | +€1,887 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €648,092 | €904,515 | +€256,423 | +39.6% |
| Income taxes | 67/77 | €163,653 | €225,418 | +€61,765 | +37.7% |
| Profit (loss) for the period | 9904 | €484,439 | €679,097 | +€194,658 | +40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €484,439 | €679,097 | +€194,658 | +40.2% |
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 10 October 2026 via checked.be.