DEBRA: what changed
Two fiscal 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.
DEBRA
Largest movements
- Tangible fixed assets +€42,951
up €42,951 (+6.8%), from €630,500 to €673,451
of which Furniture and vehicles: +€52,622
- Stocks and contracts -€26,765
down €26,765 (-11.3%), from €236,603 to €209,838
- Receivables within one year +€21,748
up €21,748 (+71.8%), from €30,310 to €52,059
of which Trade receivables: +€21,742
- Cash -€10,179
down €10,179 (-17.1%), from €59,574 to €49,395
mainly Investment in fixed assets (net) (-€89,981) and Debts after one year (-€34,856)
- Reserves +€65,532
up €65,532 (+19.7%), from €332,846 to €398,377
of which Distributable reserves: +€65,532
- Debts after one year -€34,856
down €34,856 (-8.6%), from €405,801 to €370,946
- Gross operating margin +€56,464
up €56,464 (+51.8%), from €108,923 to €165,387
- Taxes +€17,090
up €17,090 (+104.4%), from €16,374 to €33,465
- Depreciation +€6,420
up €6,420 (+15.8%), from €40,611 to €47,030
- Other operating charges +€1,881
up €1,881 (+28.9%), from €6,500 to €8,381
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 | €966,091 | €995,622 | +€29,532 | +3.1% |
| Fixed assets | 21/28 | €633,475 | €676,426 | +€42,951 | +6.8% |
| Tangible fixed assets | 22/27 | €630,500 | €673,451 | +€42,951 | +6.8% |
| Land and buildings | 22 | €557,273 | €539,730 | -€17,543 | -3.1% |
| Plant, machinery and equipment | 23 | €11,791 | €19,664 | +€7,873 | +66.8% |
| Furniture and vehicles | 24 | €61,436 | €114,058 | +€52,622 | +85.7% |
| Financial fixed assets | 28 | €2,975 | €2,975 | = | 0.0% |
| Current assets | 29/58 | €332,616 | €319,196 | -€13,419 | -4.0% |
| Stocks and contracts in progress | 3 | €236,603 | €209,838 | -€26,765 | -11.3% |
| Stocks | 30/36 | €236,603 | €209,838 | -€26,765 | -11.3% |
| Amounts receivable within one year | 40/41 | €30,310 | €52,059 | +€21,748 | +71.8% |
| Trade receivables | 40 | €30,304 | €52,046 | +€21,742 | +71.7% |
| Other amounts receivable | 41 | €6 | €13 | +€6 | +102.9% |
| Cash at bank and in hand | 54/58 | €59,574 | €49,395 | -€10,179 | -17.1% |
| Deferred charges and accrued income | 490/1 | €6,128 | €7,904 | +€1,776 | +29.0% |
| Total equity and liabilities | 10/49 | €966,091 | €995,622 | +€29,532 | +3.1% |
| Equity | 10/15 | €394,819 | €460,351 | +€65,532 | +16.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €332,846 | €398,377 | +€65,532 | +19.7% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €326,648 | €392,180 | +€65,532 | +20.1% |
| Amounts payable | 17/49 | €571,272 | €535,272 | -€36,000 | -6.3% |
| Amounts payable after more than one year | 17 | €405,801 | €370,946 | -€34,856 | -8.6% |
| Financial debts | 170/4 | €405,801 | €370,946 | -€34,856 | -8.6% |
| Amounts payable within one year | 42/48 | €165,470 | €164,326 | -€1,144 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €33,933 | €34,856 | +€922 | +2.7% |
| Trade debts | 44 | €48,425 | €49,156 | +€731 | +1.5% |
| Suppliers | 440/4 | €48,425 | €49,156 | +€731 | +1.5% |
| Taxes, remuneration and social security | 45 | €49,434 | €50,833 | +€1,399 | +2.8% |
| Taxes | 450/3 | €49,434 | €50,833 | +€1,399 | +2.8% |
| Other amounts payable | 47/48 | €33,678 | €29,482 | -€4,197 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,611 | €47,030 | +€6,420 | +15.8% |
| Other operating charges | 640/8 | €6,500 | €8,381 | +€1,881 | +28.9% |
| Gross operating margin | 9900 | €108,923 | €165,387 | +€56,464 | +51.8% |
| Operating profit (loss) | 9901 | €61,813 | €109,976 | +€48,163 | +77.9% |
| Financial income | 75/76B | €1,695 | €1,847 | +€152 | +9.0% |
| Recurring financial income | 75 | €1,695 | €1,847 | +€152 | +9.0% |
| Financial charges | 65/66B | €13,507 | €12,826 | -€681 | -5.0% |
| Recurring financial charges | 65 | €13,507 | €12,826 | -€681 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €50,000 | €98,996 | +€48,997 | +98.0% |
| Income taxes | 67/77 | €16,374 | €33,465 | +€17,090 | +104.4% |
| Profit (loss) for the period | 9904 | €33,626 | €65,532 | +€31,906 | +94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,626 | €65,532 | +€31,906 | +94.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.