DEBRUYNE HANS: 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.
DEBRUYNE HANS
Largest movements
- Tangible fixed assets -€26,059
down €26,059 (-5.2%), from €504,810 to €478,751
of which Furniture and vehicles: -€16,511
- Receivables within one year -€8,427
down €8,427 (-24.6%), from €34,285 to €25,858
of which Trade receivables: -€13,178
- Debts after one year -€19,544
down €19,544 (-11.3%), from €173,295 to €153,750
- Current portion of long-term debt -€13,200
down €13,200 (-27.6%), from €47,744 to €34,544
- Tax, wage and social debts -€11,140
down €11,140 (-56.9%), from €19,584 to €8,443
of which Taxes: -€11,245
- Reserves +€8,119
up €8,119 (+3.3%), from €248,712 to €256,831
of which Distributable reserves: +€8,119
- Gross operating margin -€56,287
down €56,287 (-35.9%), from €156,748 to €100,460
- Taxes -€16,431
down €16,431 (-84.0%), from €19,556 to €3,125
- Other operating charges +€2,098
up €2,098 (+8.2%), from €25,448 to €27,546
- Financial charges +€1,806
up €1,806 (+23.4%), from €7,732 to €9,538
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 | €550,368 | €513,287 | -€37,081 | -6.7% |
| Fixed assets | 21/28 | €505,118 | €479,058 | -€26,059 | -5.2% |
| Tangible fixed assets | 22/27 | €504,810 | €478,751 | -€26,059 | -5.2% |
| Land and buildings | 22 | €454,070 | €446,300 | -€7,771 | -1.7% |
| Plant, machinery and equipment | 23 | €1,937 | €1,301 | -€636 | -32.8% |
| Furniture and vehicles | 24 | €42,000 | €25,489 | -€16,511 | -39.3% |
| Other tangible fixed assets | 26 | €6,803 | €5,661 | -€1,142 | -16.8% |
| Financial fixed assets | 28 | €308 | €308 | = | 0.0% |
| Current assets | 29/58 | €45,250 | €34,229 | -€11,022 | -24.4% |
| Amounts receivable within one year | 40/41 | €34,285 | €25,858 | -€8,427 | -24.6% |
| Trade receivables | 40 | €34,285 | €21,107 | -€13,178 | -38.4% |
| Other amounts receivable | 41 | - | €4,751 | +€4,751 | |
| Cash at bank and in hand | 54/58 | €7,802 | €6,035 | -€1,767 | -22.6% |
| Deferred charges and accrued income | 490/1 | €3,163 | €2,336 | -€828 | -26.2% |
| Total equity and liabilities | 10/49 | €550,368 | €513,287 | -€37,081 | -6.7% |
| Equity | 10/15 | €269,239 | €277,139 | +€7,900 | +2.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €248,712 | €256,831 | +€8,119 | +3.3% |
| Tax-exempt reserves | 132 | €41,000 | €41,000 | = | 0.0% |
| Distributable reserves | 133 | €207,712 | €215,831 | +€8,119 | +3.9% |
| Investment grants | 15 | €1,935 | €1,717 | -€218 | -11.3% |
| Provisions and deferred taxes | 16 | €26,435 | €26,362 | -€73 | -0.3% |
| Provisions for liabilities and charges | 160/5 | €25,791 | €25,791 | = | 0.0% |
| Pensions and similar obligations | 160 | €25,791 | €25,791 | = | 0.0% |
| Deferred taxes | 168 | €644 | €572 | -€73 | -11.3% |
| Amounts payable | 17/49 | €254,694 | €209,785 | -€44,909 | -17.6% |
| Amounts payable after more than one year | 17 | €173,295 | €153,750 | -€19,544 | -11.3% |
| Financial debts | 170/4 | €173,295 | €153,750 | -€19,544 | -11.3% |
| Amounts payable within one year | 42/48 | €76,355 | €50,238 | -€26,117 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €47,744 | €34,544 | -€13,200 | -27.6% |
| Trade debts | 44 | €7,825 | €6,965 | -€860 | -11.0% |
| Suppliers | 440/4 | €7,825 | €6,965 | -€860 | -11.0% |
| Taxes, remuneration and social security | 45 | €19,584 | €8,443 | -€11,140 | -56.9% |
| Taxes | 450/3 | €18,209 | €6,964 | -€11,245 | -61.8% |
| Remuneration and social security | 454/9 | €1,374 | €1,479 | +€105 | +7.6% |
| Other amounts payable | 47/48 | €1,202 | €286 | -€917 | -76.2% |
| Accrued charges and deferred income | 492/3 | €5,044 | €5,797 | +€753 | +14.9% |
| Non-recurring operating income | 76A | - | €3,306 | +€3,306 | |
| Remuneration, social security and pensions | 62 | €25,791 | €25,339 | -€452 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,550 | €27,619 | +€69 | +0.2% |
| Other operating charges | 640/8 | €25,448 | €27,546 | +€2,098 | +8.2% |
| Gross operating margin | 9900 | €156,748 | €100,460 | -€56,287 | -35.9% |
| Operating profit (loss) | 9901 | €77,959 | €19,957 | -€58,002 | -74.4% |
| Financial income | 75/76B | €226 | €753 | +€527 | +233% |
| Recurring financial income | 75 | €226 | €753 | +€527 | +233% |
| Financial charges | 65/66B | €7,732 | €9,538 | +€1,806 | +23.4% |
| Recurring financial charges | 65 | €7,732 | €9,538 | +€1,806 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €70,453 | €11,171 | -€59,281 | -84.1% |
| Transfer from deferred taxes | 780 | €73 | €73 | = | 0.0% |
| Income taxes | 67/77 | €19,556 | €3,125 | -€16,431 | -84.0% |
| Profit (loss) for the period | 9904 | €50,969 | €8,119 | -€42,851 | -84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,969 | €8,119 | -€42,851 | -84.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.