DEBUTRAC: 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.
DEBUTRAC
Largest movements
- Stocks and contracts +€267,577
up €267,577 (+21.9%), from €1.2m to €1.5m
- Cash +€190,187
up €190,187 (+44.6%), from €426,006 to €616,193
mainly Trade debts (+€169,984) and Net result for the year (+€154,929)
- Receivables within one year -€148,384
down €148,384 (-27.3%), from €543,169 to €394,786
of which Trade receivables: -€162,219
- Tangible fixed assets -€91,025
down €91,025 (-12.7%), from €717,522 to €626,497
- Trade debts +€169,984
up €169,984 (+74.6%), from €227,967 to €397,951
- Reserves +€154,929
up €154,929 (+6.9%), from €2.2m to €2.4m
of which Distributable reserves: +€154,929
- Tax, wage and social debts -€67,728
down €67,728 (-43.8%), from €154,599 to €86,871
of which Taxes: -€87,873
- Staff costs +€92,465
up €92,465 (+38.8%), from €238,306 to €330,771
- Gross operating margin -€42,875
down €42,875 (-6.3%), from €676,221 to €633,347
- Taxes -€18,606
down €18,606 (-22.5%), from €82,694 to €64,088
- Depreciation -€11,818
down €11,818 (-13.0%), from €90,820 to €79,002
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 | €2,916,048 | €3,138,325 | +€222,276 | +7.6% |
| Fixed assets | 21/28 | €717,522 | €626,497 | -€91,025 | -12.7% |
| Tangible fixed assets | 22/27 | €717,522 | €626,497 | -€91,025 | -12.7% |
| Land and buildings | 22 | €504,386 | €474,730 | -€29,656 | -5.9% |
| Plant, machinery and equipment | 23 | €141,101 | €104,318 | -€36,784 | -26.1% |
| Furniture and vehicles | 24 | €72,035 | €47,449 | -€24,585 | -34.1% |
| Current assets | 29/58 | €2,198,526 | €2,511,828 | +€313,302 | +14.3% |
| Stocks and contracts in progress | 3 | €1,219,638 | €1,487,214 | +€267,577 | +21.9% |
| Stocks | 30/36 | €1,219,638 | €1,487,214 | +€267,577 | +21.9% |
| Amounts receivable within one year | 40/41 | €543,169 | €394,786 | -€148,384 | -27.3% |
| Trade receivables | 40 | €543,011 | €380,792 | -€162,219 | -29.9% |
| Other amounts receivable | 41 | €158 | €13,994 | +€13,835 | +8,729% |
| Cash at bank and in hand | 54/58 | €426,006 | €616,193 | +€190,187 | +44.6% |
| Deferred charges and accrued income | 490/1 | €9,713 | €13,635 | +€3,922 | +40.4% |
| Total equity and liabilities | 10/49 | €2,916,048 | €3,138,325 | +€222,276 | +7.6% |
| Equity | 10/15 | €2,293,284 | €2,448,213 | +€154,929 | +6.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €2,243,284 | €2,398,213 | +€154,929 | +6.9% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €179,018 | €179,018 | = | 0.0% |
| Distributable reserves | 133 | €2,059,266 | €2,214,196 | +€154,929 | +7.5% |
| Amounts payable | 17/49 | €622,765 | €690,112 | +€67,347 | +10.8% |
| Amounts payable after more than one year | 17 | €205,289 | €175,404 | -€29,885 | -14.6% |
| Financial debts | 170/4 | €205,289 | €175,404 | -€29,885 | -14.6% |
| Amounts payable within one year | 42/48 | €417,476 | €514,708 | +€97,232 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €34,909 | €29,885 | -€5,024 | -14.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €227,967 | €397,951 | +€169,984 | +74.6% |
| Suppliers | 440/4 | €227,967 | €397,951 | +€169,984 | +74.6% |
| Taxes, remuneration and social security | 45 | €154,599 | €86,871 | -€67,728 | -43.8% |
| Taxes | 450/3 | €124,192 | €36,319 | -€87,873 | -70.8% |
| Remuneration and social security | 454/9 | €30,407 | €50,552 | +€20,145 | +66.3% |
| Non-recurring operating income | 76A | €20,360 | €13,952 | -€6,408 | -31.5% |
| Remuneration, social security and pensions | 62 | €238,306 | €330,771 | +€92,465 | +38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,820 | €79,002 | -€11,818 | -13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,263 | +€1,263 | |
| Other operating charges | 640/8 | €13,052 | €9,435 | -€3,617 | -27.7% |
| Gross operating margin | 9900 | €676,221 | €633,347 | -€42,875 | -6.3% |
| Operating profit (loss) | 9901 | €334,044 | €212,875 | -€121,168 | -36.3% |
| Financial income | 75/76B | €7,586 | €12,134 | +€4,548 | +59.9% |
| Recurring financial income | 75 | €7,586 | €12,134 | +€4,548 | +59.9% |
| Financial charges | 65/66B | €8,399 | €5,992 | -€2,407 | -28.7% |
| Recurring financial charges | 65 | €8,399 | €5,992 | -€2,407 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €333,231 | €219,017 | -€114,214 | -34.3% |
| Income taxes | 67/77 | €82,694 | €64,088 | -€18,606 | -22.5% |
| Profit (loss) for the period | 9904 | €250,538 | €154,929 | -€95,608 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €250,538 | €154,929 | -€95,608 | -38.2% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.