DEBOUVER: 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.
DEBOUVER
Largest movements
- Cash -€64,337
down €64,337 (-97.3%), from €66,095 to €1,758
mainly Investment in fixed assets (net) (-€60,054) and Receivables within one year (-€55,931)
- Receivables within one year +€55,931
up €55,931 (+175%), from €31,928 to €87,859
of which Trade receivables: +€45,341
- Tangible fixed assets +€36,933
up €36,933 (+24.1%), from €152,969 to €189,902
of which Land and buildings: +€46,663
- Debts after one year +€25,206
up €25,206 (+27.5%), from €91,525 to €116,731
- Current portion of long-term debt +€3,576
up €3,576 (+19.8%), from €18,086 to €21,662
- Trade debts -€3,067
down €3,067 (-15.9%), from €19,305 to €16,238
- Gross operating margin -€44,169
down €44,169 (-58.3%), from €75,705 to €31,536
- Taxes -€17,213
down €17,213 (-97.4%), from €17,673 to €461
- Depreciation +€2,466
up €2,466 (+11.9%), from €20,656 to €23,121
- Financial charges +€1,666
up €1,666 (+60.7%), from €2,744 to €4,410
- Other operating charges +€904
up €904 (+39.9%), from €2,263 to €3,167
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 | €268,231 | €294,282 | +€26,050 | +9.7% |
| Fixed assets | 21/28 | €152,969 | €189,902 | +€36,933 | +24.1% |
| Tangible fixed assets | 22/27 | €152,969 | €189,902 | +€36,933 | +24.1% |
| Land and buildings | 22 | €125,000 | €171,663 | +€46,663 | +37.3% |
| Plant, machinery and equipment | 23 | €7,951 | €8,882 | +€931 | +11.7% |
| Furniture and vehicles | 24 | €20,018 | €9,356 | -€10,662 | -53.3% |
| Current assets | 29/58 | €115,262 | €104,380 | -€10,882 | -9.4% |
| Stocks and contracts in progress | 3 | €13,219 | €13,277 | +€58 | +0.4% |
| Stocks | 30/36 | €13,219 | €13,277 | +€58 | +0.4% |
| Amounts receivable within one year | 40/41 | €31,928 | €87,859 | +€55,931 | +175% |
| Trade receivables | 40 | €22,883 | €68,224 | +€45,341 | +198% |
| Other amounts receivable | 41 | €9,045 | €19,635 | +€10,591 | +117% |
| Cash at bank and in hand | 54/58 | €66,095 | €1,758 | -€64,337 | -97.3% |
| Deferred charges and accrued income | 490/1 | €4,021 | €1,486 | -€2,535 | -63.0% |
| Total equity and liabilities | 10/49 | €268,231 | €294,282 | +€26,050 | +9.7% |
| Equity | 10/15 | €135,860 | €138,019 | +€2,159 | +1.6% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €113,041 | €115,199 | +€2,159 | +1.9% |
| Distributable reserves | 133 | €113,041 | €115,199 | +€2,159 | +1.9% |
| Profit (loss) carried forward | 14 | €6,620 | €6,620 | = | 0.0% |
| Amounts payable | 17/49 | €132,371 | €156,263 | +€23,892 | +18.0% |
| Amounts payable after more than one year | 17 | €91,525 | €116,731 | +€25,206 | +27.5% |
| Financial debts | 170/4 | €91,525 | €116,731 | +€25,206 | +27.5% |
| Amounts payable within one year | 42/48 | €40,831 | €39,532 | -€1,299 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €18,086 | €21,662 | +€3,576 | +19.8% |
| Trade debts | 44 | €19,305 | €16,238 | -€3,067 | -15.9% |
| Suppliers | 440/4 | €19,305 | €16,238 | -€3,067 | -15.9% |
| Taxes, remuneration and social security | 45 | €3,441 | €1,632 | -€1,808 | -52.6% |
| Taxes | 450/3 | €3,441 | €0 | -€3,441 | -100% |
| Remuneration and social security | 454/9 | - | €1,632 | +€1,632 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €15 | €0 | -€15 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,656 | €23,121 | +€2,466 | +11.9% |
| Other operating charges | 640/8 | €2,263 | €3,167 | +€904 | +39.9% |
| Gross operating margin | 9900 | €75,705 | €31,536 | -€44,169 | -58.3% |
| Operating profit (loss) | 9901 | €52,786 | €5,248 | -€47,539 | -90.1% |
| Financial income | 75/76B | €2,037 | €1,782 | -€256 | -12.6% |
| Recurring financial income | 75 | €2,037 | €1,782 | -€256 | -12.6% |
| Financial charges | 65/66B | €2,744 | €4,410 | +€1,666 | +60.7% |
| Recurring financial charges | 65 | €2,744 | €4,410 | +€1,666 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €52,079 | €2,619 | -€49,460 | -95.0% |
| Income taxes | 67/77 | €17,673 | €461 | -€17,213 | -97.4% |
| Profit (loss) for the period | 9904 | €34,406 | €2,159 | -€32,247 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,406 | €2,159 | -€32,247 | -93.7% |
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 15 October 2026 via checked.be.