DEBRAE: 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.
DEBRAE
Largest movements
- Tangible fixed assets -€46,532
down €46,532 (-7.3%), from €640,873 to €594,342
of which Land and buildings: -€29,607
- Cash +€45,854
up €45,854 (+72.7%), from €63,048 to €108,901
mainly Depreciation (+€46,532) and Net result for the year (+€18,764)
- Other debts -€29,685
down €29,685 (-9.3%), from €319,413 to €289,728
- Reserves +€18,764
up €18,764 (+7.5%), from €251,860 to €270,624
of which Distributable reserves: +€18,764
- Accrued charges and deferred income +€14,841
up €14,841 (+109.7%), from €13,524 to €28,365
- Gross operating margin +€4,343
up €4,343 (+4.7%), from €91,527 to €95,869
- Taxes +€3,643
up €3,643 (+66.6%), from €5,474 to €9,118
- Depreciation -€3,237
down €3,237 (-6.5%), from €49,769 to €46,532
- Financial charges +€1,313
up €1,313 (+9.7%), from €13,568 to €14,881
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €727,382 | €733,726 | +€6,344 | +0.9% |
| Fixed assets | 21/28 | €640,873 | €594,342 | -€46,532 | -7.3% |
| Tangible fixed assets | 22/27 | €640,873 | €594,342 | -€46,532 | -7.3% |
| Land and buildings | 22 | €602,850 | €573,243 | -€29,607 | -4.9% |
| Plant, machinery and equipment | 23 | €10,876 | €7,287 | -€3,590 | -33.0% |
| Furniture and vehicles | 24 | €27,147 | €13,812 | -€13,335 | -49.1% |
| Current assets | 29/58 | €86,508 | €139,384 | +€52,876 | +61.1% |
| Amounts receivable within one year | 40/41 | €22,100 | €29,148 | +€7,048 | +31.9% |
| Trade receivables | 40 | €15,574 | €28,266 | +€12,691 | +81.5% |
| Other amounts receivable | 41 | €6,526 | €882 | -€5,643 | -86.5% |
| Cash at bank and in hand | 54/58 | €63,048 | €108,901 | +€45,854 | +72.7% |
| Deferred charges and accrued income | 490/1 | €1,361 | €1,335 | -€26 | -1.9% |
| Total equity and liabilities | 10/49 | €727,382 | €733,726 | +€6,344 | +0.9% |
| Equity | 10/15 | €389,872 | €408,636 | +€18,764 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €251,860 | €270,624 | +€18,764 | +7.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €250,000 | €268,764 | +€18,764 | +7.5% |
| Profit (loss) carried forward | 14 | €119,412 | €119,412 | = | 0.0% |
| Amounts payable | 17/49 | €337,510 | €325,090 | -€12,420 | -3.7% |
| Amounts payable within one year | 42/48 | €323,986 | €296,725 | -€27,261 | -8.4% |
| Trade debts | 44 | €290 | €3,920 | +€3,630 | +1251.1% |
| Suppliers | 440/4 | €290 | €3,920 | +€3,630 | +1251.1% |
| Taxes, remuneration and social security | 45 | €4,282 | €3,077 | -€1,206 | -28.2% |
| Taxes | 450/3 | €4,282 | €3,077 | -€1,206 | -28.2% |
| Other amounts payable | 47/48 | €319,413 | €289,728 | -€29,685 | -9.3% |
| Accrued charges and deferred income | 492/3 | €13,524 | €28,365 | +€14,841 | +109.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,769 | €46,532 | -€3,237 | -6.5% |
| Other operating charges | 640/8 | €7,085 | €6,642 | -€442 | -6.2% |
| Gross operating margin | 9900 | €91,527 | €95,869 | +€4,343 | +4.7% |
| Operating profit (loss) | 9901 | €34,673 | €42,695 | +€8,022 | +23.1% |
| Financial income | 75/76B | €1 | €68 | +€67 | +10128.8% |
| Recurring financial income | 75 | €1 | €68 | +€67 | +10128.8% |
| Financial charges | 65/66B | €13,568 | €14,881 | +€1,313 | +9.7% |
| Recurring financial charges | 65 | €13,568 | €14,881 | +€1,313 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €21,106 | €27,882 | +€6,776 | +32.1% |
| Income taxes | 67/77 | €5,474 | €9,118 | +€3,643 | +66.6% |
| Profit (loss) for the period | 9904 | €15,631 | €18,764 | +€3,132 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,631 | €18,764 | +€3,132 | +20.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.