Dr. Debaene: what changed
Two fiscal 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.
Dr. Debaene
Largest movements
- Cash +€69,428
up €69,428 (+121.8%), from €57,023 to €126,452
mainly Net result for the year (+€62,570) and Tax, wage and social debts (+€4,690)
- Reserves +€62,570
up €62,570 (+99.4%), from €62,955 to €125,525
- Tax, wage and social debts +€4,690
up €4,690 (+114.3%), from €4,105 to €8,795
- Gross operating margin +€1,401
up €1,401 (+1.8%), from €78,673 to €80,074
- Other operating charges -€984
down €984 (-94.1%), from €1,046 to €62
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.
Cash bridge derived
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 | €76,588 | €145,518 | +€68,930 | +90.0% |
| Fixed assets | 21/28 | €1,346 | €670 | -€676 | -50.2% |
| Tangible fixed assets | 22/27 | €1,346 | €670 | -€676 | -50.2% |
| Plant, machinery and equipment | 23 | €1,346 | €670 | -€676 | -50.2% |
| Current assets | 29/58 | €75,242 | €144,848 | +€69,606 | +92.5% |
| Amounts receivable within one year | 40/41 | €18,219 | €18,396 | +€178 | +1.0% |
| Trade receivables | 40 | €18,219 | €18,396 | +€178 | +1.0% |
| Cash at bank and in hand | 54/58 | €57,023 | €126,452 | +€69,428 | +121.8% |
| Total equity and liabilities | 10/49 | €76,588 | €145,518 | +€68,930 | +90.0% |
| Equity | 10/15 | €65,455 | €128,025 | +€62,570 | +95.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €62,955 | €125,525 | +€62,570 | +99.4% |
| Distributable reserves | 133 | €62,955 | €125,525 | +€62,570 | +99.4% |
| Amounts payable | 17/49 | €11,133 | €17,493 | +€6,359 | +57.1% |
| Amounts payable within one year | 42/48 | €11,133 | €16,216 | +€5,083 | +45.7% |
| Trade debts | 44 | €23 | €723 | +€700 | +3016.8% |
| Suppliers | 440/4 | €23 | €723 | +€700 | +3016.8% |
| Taxes, remuneration and social security | 45 | €4,105 | €8,795 | +€4,690 | +114.3% |
| Taxes | 450/3 | €4,105 | €8,795 | +€4,690 | +114.3% |
| Other amounts payable | 47/48 | €7,005 | €6,698 | -€307 | -4.4% |
| Accrued charges and deferred income | 492/3 | €0 | €1,277 | +€1,277 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €676 | €676 | = | 0.0% |
| Other operating charges | 640/8 | €1,046 | €62 | -€984 | -94.1% |
| Gross operating margin | 9900 | €78,673 | €80,074 | +€1,401 | +1.8% |
| Operating profit (loss) | 9901 | €76,950 | €79,335 | +€2,385 | +3.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €76,877 | €79,260 | +€2,384 | +3.1% |
| Income taxes | 67/77 | €16,105 | €16,690 | +€585 | +3.6% |
| Profit (loss) for the period | 9904 | €60,772 | €62,570 | +€1,799 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,772 | €62,570 | +€1,799 | +3.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.