DEBRUYNE FREDERIK: what changed
DEBRUYNE FREDERIK
Largest movements
- Tangible fixed assets +€276,901
up €276,901 (+147%), from €188,714 to €465,615
of which Land and buildings: +€268,944
- Cash -€24,921
down €24,921 (-20.2%), from €123,209 to €98,288
mainly Investment in fixed assets (net) (-€313,876) and Contributions, distributions and other (-€69,220)
- Receivables within one year -€19,766
down €19,766 (-98.8%), from €20,000 to €234
- Debts after one year +€184,915
up €184,915 (+214%), from €86,299 to €271,214
- Other debts +€35,639
up €35,639 (+128%), from €27,906 to €63,545
- Current portion of long-term debt +€13,648
up €13,648 (+125%), from €10,953 to €24,601
- Other operating charges +€24,155
up €24,155 (+2,005%), from €1,205 to €25,359
- Taxes -€11,601
down €11,601 (-32.6%), from €35,623 to €24,022
- Depreciation +€9,977
up €9,977 (+37.0%), from €26,997 to €36,974
- Gross operating margin +€9,115
up €9,115 (+5.9%), from €155,526 to €164,640
- Financial charges +€6,031
up €6,031 (+141%), from €4,272 to €10,303
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €590,536 | €825,818 | +€235,281 | +39.8% |
| Fixed assets | 21/28 | €189,214 | €466,115 | +€276,901 | +146% |
| Tangible fixed assets | 22/27 | €188,714 | €465,615 | +€276,901 | +147% |
| Land and buildings | 22 | €133,093 | €402,037 | +€268,944 | +202% |
| Plant, machinery and equipment | 23 | €27,824 | €37,465 | +€9,641 | +34.6% |
| Furniture and vehicles | 24 | €27,797 | €26,113 | -€1,684 | -6.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €401,323 | €359,703 | -€41,620 | -10.4% |
| Amounts receivable within one year | 40/41 | €20,000 | €234 | -€19,766 | -98.8% |
| Trade receivables | 40 | €20,000 | €234 | -€19,766 | -98.8% |
| Current investments | 50/53 | €248,920 | €254,920 | +€6,000 | +2.4% |
| Cash at bank and in hand | 54/58 | €123,209 | €98,288 | -€24,921 | -20.2% |
| Deferred charges and accrued income | 490/1 | €9,193 | €6,261 | -€2,932 | -31.9% |
| Total equity and liabilities | 10/49 | €590,536 | €825,818 | +€235,281 | +39.8% |
| Equity | 10/15 | €446,284 | €445,362 | -€922 | -0.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €433,884 | €432,962 | -€922 | -0.2% |
| Distributable reserves | 133 | €433,884 | €432,962 | -€922 | -0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €144,252 | €380,456 | +€236,204 | +164% |
| Amounts payable after more than one year | 17 | €86,299 | €271,214 | +€184,915 | +214% |
| Financial debts | 170/4 | €86,299 | €271,214 | +€184,915 | +214% |
| Amounts payable within one year | 42/48 | €56,615 | €107,791 | +€51,176 | +90.4% |
| Current portion of amounts payable after more than one year | 42 | €10,953 | €24,601 | +€13,648 | +125% |
| Trade debts | 44 | €133 | €0 | -€133 | -100% |
| Suppliers | 440/4 | €133 | €0 | -€133 | -100% |
| Taxes, remuneration and social security | 45 | €17,623 | €19,644 | +€2,022 | +11.5% |
| Taxes | 450/3 | €15,623 | €19,644 | +€4,022 | +25.7% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €27,906 | €63,545 | +€35,639 | +128% |
| Accrued charges and deferred income | 492/3 | €1,338 | €1,452 | +€113 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,997 | €36,974 | +€9,977 | +37.0% |
| Other operating charges | 640/8 | €1,205 | €25,359 | +€24,155 | +2,005% |
| Gross operating margin | 9900 | €155,526 | €164,640 | +€9,115 | +5.9% |
| Operating profit (loss) | 9901 | €127,324 | €102,307 | -€25,017 | -19.6% |
| Financial income | 75/76B | €332 | €315 | -€17 | -5.2% |
| Recurring financial income | 75 | €332 | €315 | -€17 | -5.2% |
| Financial charges | 65/66B | €4,272 | €10,303 | +€6,031 | +141% |
| Recurring financial charges | 65 | €4,272 | €10,303 | +€6,031 | +141% |
| Profit (loss) for the period before taxes | 9903 | €123,385 | €92,319 | -€31,065 | -25.2% |
| Income taxes | 67/77 | €35,623 | €24,022 | -€11,601 | -32.6% |
| Profit (loss) for the period | 9904 | €87,762 | €68,298 | -€19,464 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €87,762 | €68,298 | -€19,464 | -22.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.