DEBRY - COVERPAINT: 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.
DEBRY - COVERPAINT
Largest movements
- Tangible fixed assets +€108,679
up €108,679 (+46.6%), from €232,997 to €341,677
of which Land and buildings: +€103,448
- Cash +€32,343
up €32,343 (+41.5%), from €77,898 to €110,241
mainly Debts after one year (+€106,438) and Net result for the year (+€73,448)
- Stocks and contracts +€15,834
up €15,834 (+6.7%), from €234,768 to €250,602
- Receivables within one year +€13,689
up €13,689 (+9.5%), from €143,954 to €157,643
of which Trade receivables: +€14,943
- Debts after one year +€106,438
up €106,438 (+253%), from €42,029 to €148,467
- Reserves +€49,089
up €49,089 (+15.0%), from €326,969 to €376,058
of which Distributable reserves: +€55,000
- Trade debts +€35,097
up €35,097 (+28.9%), from €121,654 to €156,751
- Tax, wage and social debts -€13,145
down €13,145 (-25.4%), from €51,749 to €38,603
of which Remuneration and social security: -€7,729
- Gross operating margin +€27,145
up €27,145 (+7.6%), from €359,327 to €386,473
- Depreciation +€5,901
up €5,901 (+13.9%), from €42,591 to €48,492
- Financial income -€4,117
down €4,117 (-36.0%), from €11,447 to €7,330
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 | €696,729 | €864,583 | +€167,854 | +24.1% |
| Fixed assets | 21/28 | €233,346 | €342,026 | +€108,679 | +46.6% |
| Tangible fixed assets | 22/27 | €232,997 | €341,677 | +€108,679 | +46.6% |
| Land and buildings | 22 | €198,442 | €301,890 | +€103,448 | +52.1% |
| Plant, machinery and equipment | 23 | €32,873 | €27,290 | -€5,583 | -17.0% |
| Furniture and vehicles | 24 | €1,682 | €12,496 | +€10,814 | +643% |
| Financial fixed assets | 28 | €349 | €349 | = | 0.0% |
| Current assets | 29/58 | €463,383 | €522,557 | +€59,175 | +12.8% |
| Stocks and contracts in progress | 3 | €234,768 | €250,602 | +€15,834 | +6.7% |
| Stocks | 30/36 | €234,768 | €250,602 | +€15,834 | +6.7% |
| Amounts receivable within one year | 40/41 | €143,954 | €157,643 | +€13,689 | +9.5% |
| Trade receivables | 40 | €139,003 | €153,946 | +€14,943 | +10.7% |
| Other amounts receivable | 41 | €4,951 | €3,697 | -€1,254 | -25.3% |
| Cash at bank and in hand | 54/58 | €77,898 | €110,241 | +€32,343 | +41.5% |
| Deferred charges and accrued income | 490/1 | €6,763 | €4,072 | -€2,691 | -39.8% |
| Total equity and liabilities | 10/49 | €696,729 | €864,583 | +€167,854 | +24.1% |
| Equity | 10/15 | €366,427 | €411,578 | +€45,151 | +12.3% |
| Contributions | 10/11 | €16,094 | €16,094 | = | 0.0% |
| Contributions outside capital | 11 | €16,094 | - | -€16,094 | |
| Other | 1109/19 | €16,094 | - | -€16,094 | |
| Reserves | 13 | €326,969 | €376,058 | +€49,089 | +15.0% |
| Tax-exempt reserves | 132 | €9,484 | €3,573 | -€5,911 | -62.3% |
| Distributable reserves | 133 | €317,484 | €372,484 | +€55,000 | +17.3% |
| Profit (loss) carried forward | 14 | €923 | €282 | -€641 | -69.4% |
| Investment grants | 15 | €22,441 | €19,144 | -€3,297 | -14.7% |
| Provisions and deferred taxes | 16 | €11,979 | €9,583 | -€2,396 | -20.0% |
| Deferred taxes | 168 | €11,979 | €9,583 | -€2,396 | -20.0% |
| Amounts payable | 17/49 | €318,323 | €443,422 | +€125,099 | +39.3% |
| Amounts payable after more than one year | 17 | €42,029 | €148,467 | +€106,438 | +253% |
| Financial debts | 170/4 | €42,029 | €148,467 | +€106,438 | +253% |
| Amounts payable within one year | 42/48 | €275,451 | €294,112 | +€18,661 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €52,048 | €48,757 | -€3,291 | -6.3% |
| Trade debts | 44 | €121,654 | €156,751 | +€35,097 | +28.9% |
| Suppliers | 440/4 | €121,654 | €156,751 | +€35,097 | +28.9% |
| Taxes, remuneration and social security | 45 | €51,749 | €38,603 | -€13,145 | -25.4% |
| Taxes | 450/3 | €22,801 | €17,385 | -€5,417 | -23.8% |
| Remuneration and social security | 454/9 | €28,947 | €21,219 | -€7,729 | -26.7% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €844 | €844 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €221,993 | €224,628 | +€2,635 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,591 | €48,492 | +€5,901 | +13.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €677 | €0 | -€677 | -100% |
| Other operating charges | 640/8 | €10,065 | €12,901 | +€2,836 | +28.2% |
| Gross operating margin | 9900 | €359,327 | €386,473 | +€27,145 | +7.6% |
| Operating profit (loss) | 9901 | €84,002 | €100,452 | +€16,450 | +19.6% |
| Financial income | 75/76B | €11,447 | €7,330 | -€4,117 | -36.0% |
| Recurring financial income | 75 | €11,447 | €7,330 | -€4,117 | -36.0% |
| Financial charges | 65/66B | €8,244 | €10,637 | +€2,393 | +29.0% |
| Recurring financial charges | 65 | €8,244 | €10,637 | +€2,393 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | €87,205 | €97,145 | +€9,940 | +11.4% |
| Transfer from deferred taxes | 780 | €2,396 | €2,396 | = | 0.0% |
| Income taxes | 67/77 | €28,034 | €26,093 | -€1,941 | -6.9% |
| Profit (loss) for the period | 9904 | €61,567 | €73,448 | +€11,881 | +19.3% |
| Transfer from tax-exempt reserves | 789 | €5,911 | €5,911 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,478 | €79,359 | +€11,881 | +17.6% |
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 23 October 2026 via checked.be.