DEBRO: 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.
DEBRO
Largest movements
- Cash -€85,791
down €85,791 (-34.1%), from €251,832 to €166,040
mainly Other debts (-€142,470) and Net result for the year (-€12,657)
- Tangible fixed assets -€60,347
down €60,347 (-4.2%), from €1.4m to €1.4m
of which Land and buildings: -€59,315
- Other debts -€142,470
down €142,470 (-75.8%), from €188,057 to €45,587
- Reserves -€19,250
down €19,250 (-3.1%), from €612,951 to €593,700
of which Tax-exempt reserves: -€19,250
- Gross operating margin +€24,073
up €24,073 (+62.7%), from €38,363 to €62,435
- Depreciation -€19,727
down €19,727 (-23.9%), from €82,565 to €62,837
- Financial charges -€1,428
down €1,428 (-14.0%), from €10,223 to €8,795
- Other operating charges +€1,353
up €1,353 (+11.7%), from €11,608 to €12,961
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 | €1,741,082 | €1,602,745 | -€138,338 | -7.9% |
| Fixed assets | 21/28 | €1,429,828 | €1,369,481 | -€60,347 | -4.2% |
| Tangible fixed assets | 22/27 | €1,429,828 | €1,369,481 | -€60,347 | -4.2% |
| Land and buildings | 22 | €1,424,880 | €1,365,564 | -€59,315 | -4.2% |
| Plant, machinery and equipment | 23 | €1,566 | €753 | -€813 | -51.9% |
| Furniture and vehicles | 24 | €3,382 | €3,163 | -€218 | -6.5% |
| Current assets | 29/58 | €311,255 | €233,264 | -€77,991 | -25.1% |
| Amounts receivable within one year | 40/41 | €44,005 | €48,555 | +€4,551 | +10.3% |
| Other amounts receivable | 41 | €44,005 | €48,555 | +€4,551 | +10.3% |
| Cash at bank and in hand | 54/58 | €251,832 | €166,040 | -€85,791 | -34.1% |
| Deferred charges and accrued income | 490/1 | €15,418 | €18,668 | +€3,250 | +21.1% |
| Total equity and liabilities | 10/49 | €1,741,082 | €1,602,745 | -€138,338 | -7.9% |
| Equity | 10/15 | €1,121,667 | €1,109,010 | -€12,657 | -1.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €612,951 | €593,700 | -€19,250 | -3.1% |
| Non-distributable reserves | 130/1 | €16,188 | €16,188 | = | 0.0% |
| Legal reserve | 130 | €16,188 | €16,188 | = | 0.0% |
| Tax-exempt reserves | 132 | €596,763 | €577,513 | -€19,250 | -3.2% |
| Profit (loss) carried forward | 14 | €446,716 | €453,310 | +€6,593 | +1.5% |
| Provisions and deferred taxes | 16 | €198,921 | €192,504 | -€6,417 | -3.2% |
| Deferred taxes | 168 | €198,921 | €192,504 | -€6,417 | -3.2% |
| Amounts payable | 17/49 | €420,494 | €301,231 | -€119,264 | -28.4% |
| Amounts payable after more than one year | 17 | €157,412 | €170,606 | +€13,195 | +8.4% |
| Financial debts | 170/4 | €156,667 | €136,667 | -€20,000 | -12.8% |
| Other amounts payable | 178/9 | €745 | €33,940 | +€33,195 | +4,456% |
| Amounts payable within one year | 42/48 | €236,108 | €101,761 | -€134,347 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €28,051 | €36,174 | +€8,124 | +29.0% |
| Suppliers | 440/4 | €28,051 | €36,174 | +€8,124 | +29.0% |
| Other amounts payable | 47/48 | €188,057 | €45,587 | -€142,470 | -75.8% |
| Accrued charges and deferred income | 492/3 | €26,975 | €28,863 | +€1,889 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,565 | €62,837 | -€19,727 | -23.9% |
| Other operating charges | 640/8 | €11,608 | €12,961 | +€1,353 | +11.7% |
| Gross operating margin | 9900 | €38,363 | €62,435 | +€24,073 | +62.7% |
| Operating profit (loss) | 9901 | -€55,810 | -€13,363 | +€42,446 | +76.1% |
| Financial income | 75/76B | €3,118 | €3,085 | -€33 | -1.1% |
| Recurring financial income | 75 | €3,118 | €3,085 | -€33 | -1.1% |
| Financial charges | 65/66B | €10,223 | €8,795 | -€1,428 | -14.0% |
| Recurring financial charges | 65 | €10,223 | €8,795 | -€1,428 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€62,915 | -€19,074 | +€43,841 | +69.7% |
| Transfer from deferred taxes | 780 | €6,417 | €6,417 | = | 0.0% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€56,498 | -€12,657 | +€43,841 | +77.6% |
| Transfer from tax-exempt reserves | 789 | €19,250 | €19,250 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,248 | €6,593 | +€43,841 |
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 15 October 2026 via checked.be.