Ken Débouchage: 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.
Ken Débouchage
Largest movements
- Receivables within one year +€13,583
up €13,583 (+114%), from €11,961 to €25,544
of which Trade receivables: +€9,265
- Tangible fixed assets -€6,009
down €6,009 (-31.9%), from €18,821 to €12,812
of which Plant, machinery and equipment: -€5,763
- Cash +€2,518
up €2,518 (+44.6%), from €5,650 to €8,168
mainly Net result for the year (+€14,511) and Depreciation (+€7,199)
- Profit (loss) carried forward +€14,511
up €14,511 (+159%), from €9,142 to €23,653
- Debts after one year -€5,869
down €5,869 (-49.3%), from €11,894 to €6,025
- Tax, wage and social debts +€2,877
up €2,877 (+55.2%), from €5,209 to €8,086
- Trade debts -€1,589
down €1,589 (-24.8%), from €6,411 to €4,823
- Gross operating margin +€15,589
up €15,589 (+123%), from €12,690 to €28,279
- Taxes +€2,819
up €2,819 (+220%), from €1,280 to €4,099
- Other operating charges -€674
down €674 (-55.0%), from €1,226 to €552
- Financial charges -€625
down €625 (-24.6%), from €2,544 to €1,918
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 | €39,871 | €49,986 | +€10,115 | +25.4% |
| Fixed assets | 21/28 | €18,821 | €12,812 | -€6,009 | -31.9% |
| Tangible fixed assets | 22/27 | €18,821 | €12,812 | -€6,009 | -31.9% |
| Plant, machinery and equipment | 23 | €16,487 | €10,723 | -€5,763 | -35.0% |
| Furniture and vehicles | 24 | €2,335 | €935 | -€1,399 | -59.9% |
| Other tangible fixed assets | 26 | - | €1,153 | +€1,153 | |
| Current assets | 29/58 | €21,050 | €37,174 | +€16,124 | +76.6% |
| Amounts receivable within one year | 40/41 | €11,961 | €25,544 | +€13,583 | +114% |
| Trade receivables | 40 | €7,574 | €16,839 | +€9,265 | +122% |
| Other amounts receivable | 41 | €4,387 | €8,705 | +€4,318 | +98.4% |
| Cash at bank and in hand | 54/58 | €5,650 | €8,168 | +€2,518 | +44.6% |
| Deferred charges and accrued income | 490/1 | €3,439 | €3,462 | +€23 | +0.7% |
| Total equity and liabilities | 10/49 | €39,871 | €49,986 | +€10,115 | +25.4% |
| Equity | 10/15 | €10,642 | €25,153 | +€14,511 | +136% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,142 | €23,653 | +€14,511 | +159% |
| Amounts payable | 17/49 | €29,230 | €24,833 | -€4,396 | -15.0% |
| Amounts payable after more than one year | 17 | €11,894 | €6,025 | -€5,869 | -49.3% |
| Financial debts | 170/4 | €11,894 | €6,025 | -€5,869 | -49.3% |
| Amounts payable within one year | 42/48 | €17,336 | €18,777 | +€1,441 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €5,716 | €5,869 | +€153 | +2.7% |
| Trade debts | 44 | €6,411 | €4,823 | -€1,589 | -24.8% |
| Suppliers | 440/4 | €6,411 | €4,823 | -€1,589 | -24.8% |
| Taxes, remuneration and social security | 45 | €5,209 | €8,086 | +€2,877 | +55.2% |
| Taxes | 450/3 | €5,209 | €8,086 | +€2,877 | +55.2% |
| Accrued charges and deferred income | 492/3 | - | €31 | +€31 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,024 | €7,199 | +€175 | +2.5% |
| Other operating charges | 640/8 | €1,226 | €552 | -€674 | -55.0% |
| Gross operating margin | 9900 | €12,690 | €28,279 | +€15,589 | +123% |
| Operating profit (loss) | 9901 | €4,440 | €20,528 | +€16,089 | +362% |
| Financial charges | 65/66B | €2,544 | €1,918 | -€625 | -24.6% |
| Recurring financial charges | 65 | €2,544 | €1,918 | -€625 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €1,896 | €18,610 | +€16,714 | +882% |
| Income taxes | 67/77 | €1,280 | €4,099 | +€2,819 | +220% |
| Profit (loss) for the period | 9904 | €616 | €14,511 | +€13,895 | +2,256% |
| Profit (loss) for the period to be appropriated | 9905 | €616 | €14,511 | +€13,895 | +2,256% |
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 25 October 2026 via checked.be.