DEBR INVEST: 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.
DEBR INVEST
Largest movements
- Cash +€682,434
up €682,434 (+4777.6%), from €14,284 to €696,718
mainly Depreciation (+€287,260) and Investment in fixed assets (net) (+€276,615)
- Tangible fixed assets -€563,874
down €563,874 (-9.4%), from €6.0m to €5.4m
- Debts after one year +€175,886
up €175,886 (+3.6%), from €4.9m to €5.1m
- Financial charges +€99,954
up €99,954 (+64.1%), from €155,960 to €255,914
- Depreciation -€72,496
down €72,496 (-20.2%), from €359,756 to €287,260
- Gross operating margin -€57,479
down €57,479 (-9.4%), from €608,886 to €551,406
- Other operating charges +€25,283
up €25,283 (+143.5%), from €17,615 to €42,898
- Taxes -€16,050
down €16,050 (-100.0%), from €16,050 to €0
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 | €6,032,899 | €6,165,567 | +€132,668 | +2.2% |
| Fixed assets | 21/28 | €5,973,708 | €5,409,834 | -€563,874 | -9.4% |
| Tangible fixed assets | 22/27 | €5,973,708 | €5,409,834 | -€563,874 | -9.4% |
| Land and buildings | 22 | €5,973,708 | €5,409,834 | -€563,874 | -9.4% |
| Current assets | 29/58 | €59,191 | €755,733 | +€696,543 | +1176.8% |
| Amounts receivable within one year | 40/41 | €43,853 | €41,945 | -€1,908 | -4.4% |
| Other amounts receivable | 41 | €43,853 | €41,945 | -€1,908 | -4.4% |
| Cash at bank and in hand | 54/58 | €14,284 | €696,718 | +€682,434 | +4777.6% |
| Deferred charges and accrued income | 490/1 | €1,053 | €17,070 | +€16,017 | +1520.4% |
| Total equity and liabilities | 10/49 | €6,032,899 | €6,165,567 | +€132,668 | +2.2% |
| Equity | 10/15 | €462,649 | €430,372 | -€32,276 | -7.0% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,649 | €30,372 | -€32,276 | -51.5% |
| Amounts payable | 17/49 | €5,570,250 | €5,735,195 | +€164,944 | +3.0% |
| Amounts payable after more than one year | 17 | €4,884,259 | €5,060,145 | +€175,886 | +3.6% |
| Financial debts | 170/4 | €4,884,259 | €5,060,145 | +€175,886 | +3.6% |
| Amounts payable within one year | 42/48 | €685,991 | €671,179 | -€14,812 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €209,349 | €235,933 | +€26,584 | +12.7% |
| Trade debts | 44 | €61,111 | €35,765 | -€25,346 | -41.5% |
| Suppliers | 440/4 | €61,111 | €35,765 | -€25,346 | -41.5% |
| Taxes, remuneration and social security | 45 | €16,050 | €0 | -€16,050 | -100.0% |
| Taxes | 450/3 | €16,050 | €0 | -€16,050 | -100.0% |
| Other amounts payable | 47/48 | €399,481 | €399,481 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,870 | +€3,870 | |
| Non-recurring operating income | 76A | - | €277,785 | +€277,785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €359,756 | €287,260 | -€72,496 | -20.2% |
| Other operating charges | 640/8 | €17,615 | €42,898 | +€25,283 | +143.5% |
| Gross operating margin | 9900 | €608,886 | €551,406 | -€57,479 | -9.4% |
| Operating profit (loss) | 9901 | €231,515 | €221,249 | -€10,267 | -4.4% |
| Financial income | 75/76B | €3,144 | €2,389 | -€754 | -24.0% |
| Recurring financial income | 75 | €3,144 | €2,389 | -€754 | -24.0% |
| Financial charges | 65/66B | €155,960 | €255,914 | +€99,954 | +64.1% |
| Recurring financial charges | 65 | €155,960 | €255,914 | +€99,954 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €78,699 | -€32,276 | -€110,975 | |
| Income taxes | 67/77 | €16,050 | €0 | -€16,050 | -100.0% |
| Profit (loss) for the period | 9904 | €62,649 | -€32,276 | -€94,925 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,649 | -€32,276 | -€94,925 |
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.