DEBRANOT: 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.
DEBRANOT
Largest movements
- Tangible fixed assets -€70,853
down €70,853 (-39.3%), from €180,157 to €109,304
- Debts after one year -€60,852
down €60,852 (-47.1%), from €129,101 to €68,249
- Profit (loss) carried forward -€22,960
down €22,960, from €16,349 to -€6,611
- Trade debts +€4,894
up €4,894 (+57.6%), from €8,500 to €13,394
- Current portion of long-term debt +€4,521
up €4,521 (+7.6%), from €59,767 to €64,288
- Taxes +€4,953
up €4,953, from -€4,953 to €0
- Financial charges -€2,538
down €2,538 (-25.1%), from €10,108 to €7,570
- Other operating charges +€871
up €871 (+18.7%), from €4,653 to €5,524
- Gross operating margin -€581
down €581 (-1.1%), from €54,513 to €53,933
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 | €288,943 | €215,904 | -€73,038 | -25.3% |
| Fixed assets | 21/28 | €180,157 | €109,304 | -€70,853 | -39.3% |
| Tangible fixed assets | 22/27 | €180,157 | €109,304 | -€70,853 | -39.3% |
| Land and buildings | 22 | €180,157 | €109,304 | -€70,853 | -39.3% |
| Current assets | 29/58 | €108,786 | €106,600 | -€2,186 | -2.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,616 | €6,600 | -€2,016 | -23.4% |
| Other amounts receivable | 41 | €8,616 | €6,600 | -€2,016 | -23.4% |
| Cash at bank and in hand | 54/58 | €170 | €0 | -€170 | -100.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €288,943 | €215,904 | -€73,038 | -25.3% |
| Equity | 10/15 | €90,709 | €67,749 | -€22,960 | -25.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €61,960 | €61,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €61,960 | €61,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,349 | -€6,611 | -€22,960 | |
| Amounts payable | 17/49 | €198,234 | €148,155 | -€50,078 | -25.3% |
| Amounts payable after more than one year | 17 | €129,101 | €68,249 | -€60,852 | -47.1% |
| Financial debts | 170/4 | €129,101 | €68,249 | -€60,852 | -47.1% |
| Amounts payable within one year | 42/48 | €69,133 | €79,906 | +€10,774 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €59,767 | €64,288 | +€4,521 | +7.6% |
| Financial debts | 43 | - | €33 | +€33 | |
| Credit institutions | 430/8 | - | €33 | +€33 | |
| Trade debts | 44 | €8,500 | €13,394 | +€4,894 | +57.6% |
| Suppliers | 440/4 | €8,500 | €13,394 | +€4,894 | +57.6% |
| Taxes, remuneration and social security | 45 | €865 | €0 | -€865 | -100.0% |
| Taxes | 450/3 | €865 | €0 | -€865 | -100.0% |
| Other amounts payable | 47/48 | €0 | €2,191 | +€2,191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,853 | €70,853 | = | 0.0% |
| Other operating charges | 640/8 | €4,653 | €5,524 | +€871 | +18.7% |
| Gross operating margin | 9900 | €54,513 | €53,933 | -€581 | -1.1% |
| Operating profit (loss) | 9901 | -€20,992 | -€22,444 | -€1,452 | -6.9% |
| Financial income | 75/76B | €7,215 | €7,054 | -€161 | -2.2% |
| Recurring financial income | 75 | €7,215 | €7,054 | -€161 | -2.2% |
| Financial charges | 65/66B | €10,108 | €7,570 | -€2,538 | -25.1% |
| Recurring financial charges | 65 | €10,108 | €7,570 | -€2,538 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,885 | -€22,960 | +€925 | +3.9% |
| Income taxes | 67/77 | -€4,953 | €0 | +€4,953 | |
| Profit (loss) for the period | 9904 | -€18,932 | -€22,960 | -€4,028 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,932 | -€22,960 | -€4,028 | -21.3% |
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 6 October 2026 via checked.be.