deBresser: 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.
deBresser
Largest movements
- Tangible fixed assets +€94,107
up €94,107 (+415%), from €22,669 to €116,776
of which Furniture and vehicles: +€93,878
- Cash +€13,492
up €13,492 (+29.3%), from €46,040 to €59,532
mainly Net result for the year (+€68,340) and Other debts (+€36,855)
- Receivables within one year +€11,549
up €11,549 (+59.0%), from €19,561 to €31,110
of which Trade receivables: +€19,582
- Deferred charges and accrued income -€2,442
down €2,442 (-55.6%), from €4,396 to €1,954
- Other debts +€36,855
up €36,855 (+314%), from €11,748 to €48,603
- Reserves +€32,340
up €32,340 (+64.0%), from €50,552 to €82,892
- Debts after one year +€24,125
new in 2025: €24,125
- Current portion of long-term debt +€16,473
new in 2025: €16,473
- Tax, wage and social debts +€7,221
up €7,221 (+75.5%), from €9,564 to €16,784
- Gross operating margin +€76,653
up €76,653 (+203%), from €37,670 to €114,323
- Taxes +€13,825
up €13,825 (+263%), from €5,247 to €19,072
- Depreciation +€12,366
up €12,366 (+122%), from €10,170 to €22,536
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.
Derived cash bridge
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 | €92,666 | €209,372 | +€116,706 | +126% |
| Fixed assets | 21/28 | €22,669 | €116,776 | +€94,107 | +415% |
| Tangible fixed assets | 22/27 | €22,669 | €116,776 | +€94,107 | +415% |
| Plant, machinery and equipment | 23 | €8,497 | €8,726 | +€229 | +2.7% |
| Furniture and vehicles | 24 | €14,172 | €108,050 | +€93,878 | +662% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €69,997 | €92,596 | +€22,599 | +32.3% |
| Amounts receivable within one year | 40/41 | €19,561 | €31,110 | +€11,549 | +59.0% |
| Trade receivables | 40 | €11,528 | €31,110 | +€19,582 | +170% |
| Other amounts receivable | 41 | €8,033 | €0 | -€8,033 | -100% |
| Cash at bank and in hand | 54/58 | €46,040 | €59,532 | +€13,492 | +29.3% |
| Deferred charges and accrued income | 490/1 | €4,396 | €1,954 | -€2,442 | -55.6% |
| Total equity and liabilities | 10/49 | €92,666 | €209,372 | +€116,706 | +126% |
| Equity | 10/15 | €69,152 | €101,492 | +€32,340 | +46.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,552 | €82,892 | +€32,340 | +64.0% |
| Distributable reserves | 133 | €50,552 | €82,892 | +€32,340 | +64.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,514 | €107,880 | +€84,366 | +359% |
| Amounts payable after more than one year | 17 | - | €24,125 | +€24,125 | |
| Financial debts | 170/4 | - | €24,125 | +€24,125 | |
| Amounts payable within one year | 42/48 | €23,514 | €83,755 | +€60,241 | +256% |
| Current portion of amounts payable after more than one year | 42 | - | €16,473 | +€16,473 | |
| Trade debts | 44 | €2,203 | €1,895 | -€307 | -14.0% |
| Suppliers | 440/4 | €2,203 | €1,895 | -€307 | -14.0% |
| Taxes, remuneration and social security | 45 | €9,564 | €16,784 | +€7,221 | +75.5% |
| Taxes | 450/3 | €9,564 | €16,784 | +€7,221 | +75.5% |
| Other amounts payable | 47/48 | €11,748 | €48,603 | +€36,855 | +314% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,170 | €22,536 | +€12,366 | +122% |
| Other operating charges | 640/8 | €854 | €1,584 | +€730 | +85.5% |
| Non-recurring operating charges | 66A | - | €192 | +€192 | |
| Gross operating margin | 9900 | €37,670 | €114,323 | +€76,653 | +203% |
| Operating profit (loss) | 9901 | €26,646 | €90,011 | +€63,366 | +238% |
| Financial income | 75/76B | €955 | €301 | -€654 | -68.5% |
| Recurring financial income | 75 | €955 | €301 | -€654 | -68.5% |
| Financial charges | 65/66B | €3,942 | €2,900 | -€1,042 | -26.4% |
| Recurring financial charges | 65 | €3,942 | €2,900 | -€1,042 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €23,659 | €87,412 | +€63,753 | +269% |
| Income taxes | 67/77 | €5,247 | €19,072 | +€13,825 | +263% |
| Profit (loss) for the period | 9904 | €18,412 | €68,340 | +€49,928 | +271% |
| Profit (loss) for the period to be appropriated | 9905 | €18,412 | €68,340 | +€49,928 | +271% |
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 16 October 2026 via checked.be.