DEBRUS-ORBAN: 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.
DEBRUS-ORBAN
Largest movements
- Tangible fixed assets -€44,768
down €44,768 (-4.0%), from €1.1m to €1.1m
of which Land and buildings: -€23,078
- Receivables within one year -€34,853
down €34,853 (-28.1%), from €124,208 to €89,354
of which Trade receivables: -€34,853
- Stocks and contracts +€30,466
up €30,466 (+34.0%), from €89,491 to €119,957
- Cash -€15,496
down €15,496 (-37.9%), from €40,934 to €25,438
mainly Current portion of long-term debt (-€557,758) and Investment in fixed assets (net) (-€38,187)
- Current portion of long-term debt -€557,758
down €557,758 (-87.3%), from €638,591 to €80,833
- Debts after one year +€459,297
up €459,297 (+101%), from €456,879 to €916,176
of which Financial debts: +€319,167
- Trade debts +€48,668
up €48,668 (+74.5%), from €65,328 to €113,995
- Depreciation -€6,913
down €6,913 (-7.5%), from €91,595 to €84,682
- Financial charges +€3,274
up €3,274 (+8.4%), from €39,195 to €42,469
- Gross operating margin -€2,277
down €2,277 (-1.9%), from €122,412 to €120,135
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 | €1,403,246 | €1,338,568 | -€64,679 | -4.6% |
| Fixed assets | 21/28 | €1,131,926 | €1,085,430 | -€46,496 | -4.1% |
| Intangible fixed assets | 21 | €24,801 | €23,073 | -€1,728 | -7.0% |
| Tangible fixed assets | 22/27 | €1,107,125 | €1,062,357 | -€44,768 | -4.0% |
| Land and buildings | 22 | €743,109 | €720,031 | -€23,078 | -3.1% |
| Plant, machinery and equipment | 23 | €59,699 | €52,335 | -€7,364 | -12.3% |
| Furniture and vehicles | 24 | €202,971 | €204,717 | +€1,746 | +0.9% |
| Leasing and similar rights | 25 | €101,347 | €85,275 | -€16,071 | -15.9% |
| Current assets | 29/58 | €271,320 | €253,137 | -€18,183 | -6.7% |
| Stocks and contracts in progress | 3 | €89,491 | €119,957 | +€30,466 | +34.0% |
| Stocks | 30/36 | €89,491 | €119,957 | +€30,466 | +34.0% |
| Amounts receivable within one year | 40/41 | €124,208 | €89,354 | -€34,853 | -28.1% |
| Trade receivables | 40 | €123,869 | €89,016 | -€34,853 | -28.1% |
| Other amounts receivable | 41 | €339 | €339 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,934 | €25,438 | -€15,496 | -37.9% |
| Deferred charges and accrued income | 490/1 | €16,688 | €18,389 | +€1,701 | +10.2% |
| Total equity and liabilities | 10/49 | €1,403,246 | €1,338,568 | -€64,679 | -4.6% |
| Equity | 10/15 | €70,419 | €59,186 | -€11,232 | -16.0% |
| Contributions | 10/11 | €34,238 | €34,238 | = | 0.0% |
| Revaluation surpluses | 12 | €75,897 | €75,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,716 | -€50,948 | -€11,232 | -28.3% |
| Amounts payable | 17/49 | €1,332,828 | €1,279,382 | -€53,446 | -4.0% |
| Amounts payable after more than one year | 17 | €456,879 | €916,176 | +€459,297 | +101% |
| Financial debts | 170/4 | €456,879 | €776,046 | +€319,167 | +69.9% |
| Other amounts payable | 178/9 | - | €140,130 | +€140,130 | |
| Amounts payable within one year | 42/48 | €875,441 | €363,115 | -€512,326 | -58.5% |
| Current portion of amounts payable after more than one year | 42 | €638,591 | €80,833 | -€557,758 | -87.3% |
| Trade debts | 44 | €65,328 | €113,995 | +€48,668 | +74.5% |
| Suppliers | 440/4 | €65,328 | €113,995 | +€48,668 | +74.5% |
| Taxes, remuneration and social security | 45 | €5,742 | €3,984 | -€1,758 | -30.6% |
| Taxes | 450/3 | €5,742 | €3,984 | -€1,758 | -30.6% |
| Other amounts payable | 47/48 | €165,780 | €164,303 | -€1,477 | -0.9% |
| Accrued charges and deferred income | 492/3 | €508 | €91 | -€417 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,595 | €84,682 | -€6,913 | -7.5% |
| Other operating charges | 640/8 | €4,308 | €4,088 | -€220 | -5.1% |
| Gross operating margin | 9900 | €122,412 | €120,135 | -€2,277 | -1.9% |
| Operating profit (loss) | 9901 | €26,509 | €31,365 | +€4,856 | +18.3% |
| Financial income | 75/76B | €94 | €65 | -€29 | -31.2% |
| Recurring financial income | 75 | €94 | €65 | -€29 | -31.2% |
| Financial charges | 65/66B | €39,195 | €42,469 | +€3,274 | +8.4% |
| Recurring financial charges | 65 | €39,195 | €42,469 | +€3,274 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,593 | -€11,040 | +€1,553 | +12.3% |
| Income taxes | 67/77 | €174 | €192 | +€19 | +10.7% |
| Profit (loss) for the period | 9904 | -€12,767 | -€11,232 | +€1,534 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,767 | -€11,232 | +€1,534 | +12.0% |
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.