DEBRAVER PROJECTS: 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.
DEBRAVER PROJECTS
Largest movements
- Receivables within one year -€18,356
down €18,356 (-12.9%), from €142,814 to €124,458
of which Trade receivables: -€18,147
- Stocks and contracts +€7,175
up €7,175, from €0 to €7,175
- Tangible fixed assets -€3,973
down €3,973 (-7.4%), from €53,954 to €49,981
of which Land and buildings: -€3,834
- Debts after one year -€13,086
down €13,086 (-23.8%), from €54,885 to €41,799
- Gross operating margin -€16,928
down €16,928 (-67.4%), from €25,106 to €8,177
- Financial charges -€3,837
down €3,837 (-48.7%), from €7,876 to €4,039
- Taxes -€2,067
down €2,067 (-90.5%), from €2,285 to €217
- Write-downs -€2,000
down €2,000 (-100.0%), from €2,000 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 | €209,390 | €193,184 | -€16,206 | -7.7% |
| Fixed assets | 21/28 | €53,954 | €49,981 | -€3,973 | -7.4% |
| Tangible fixed assets | 22/27 | €53,954 | €49,981 | -€3,973 | -7.4% |
| Land and buildings | 22 | €53,796 | €49,962 | -€3,834 | -7.1% |
| Furniture and vehicles | 24 | €158 | €19 | -€139 | -88.0% |
| Current assets | 29/58 | €155,436 | €143,203 | -€12,233 | -7.9% |
| Stocks and contracts in progress | 3 | €0 | €7,175 | +€7,175 | |
| Contracts in progress | 37 | €0 | €7,175 | +€7,175 | |
| Amounts receivable within one year | 40/41 | €142,814 | €124,458 | -€18,356 | -12.9% |
| Trade receivables | 40 | €131,539 | €113,392 | -€18,147 | -13.8% |
| Other amounts receivable | 41 | €11,275 | €11,066 | -€209 | -1.9% |
| Cash at bank and in hand | 54/58 | €12,622 | €11,570 | -€1,052 | -8.3% |
| Total equity and liabilities | 10/49 | €209,390 | €193,184 | -€16,206 | -7.7% |
| Equity | 10/15 | €30,899 | €30,246 | -€653 | -2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,699 | €24,046 | -€653 | -2.6% |
| 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 | €22,839 | €22,186 | -€653 | -2.9% |
| Amounts payable | 17/49 | €178,491 | €162,938 | -€15,553 | -8.7% |
| Amounts payable after more than one year | 17 | €54,885 | €41,799 | -€13,086 | -23.8% |
| Financial debts | 170/4 | €54,885 | €41,799 | -€13,086 | -23.8% |
| Amounts payable within one year | 42/48 | €123,606 | €121,139 | -€2,468 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €12,441 | €13,086 | +€644 | +5.2% |
| Trade debts | 44 | €102,031 | €100,770 | -€1,261 | -1.2% |
| Suppliers | 440/4 | €102,031 | €100,770 | -€1,261 | -1.2% |
| Taxes, remuneration and social security | 45 | €9,134 | €7,283 | -€1,851 | -20.3% |
| Taxes | 450/3 | €8,334 | €7,083 | -€1,251 | -15.0% |
| Remuneration and social security | 454/9 | €800 | €200 | -€600 | -75.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €6,250 | €0 | -€6,250 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,973 | €3,973 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,000 | €0 | -€2,000 | -100.0% |
| Other operating charges | 640/8 | €1,098 | €1,158 | +€60 | +5.5% |
| Gross operating margin | 9900 | €25,106 | €8,177 | -€16,928 | -67.4% |
| Operating profit (loss) | 9901 | €18,035 | €3,046 | -€14,989 | -83.1% |
| Financial income | 75/76B | €787 | €557 | -€230 | -29.2% |
| Recurring financial income | 75 | €787 | €557 | -€230 | -29.2% |
| Financial charges | 65/66B | €7,876 | €4,039 | -€3,837 | -48.7% |
| Recurring financial charges | 65 | €7,876 | €4,039 | -€3,837 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €10,946 | -€436 | -€11,381 | |
| Income taxes | 67/77 | €2,285 | €217 | -€2,067 | -90.5% |
| Profit (loss) for the period | 9904 | €8,661 | -€653 | -€9,314 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,661 | -€653 | -€9,314 |
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 12 October 2026 via checked.be.