Kris Debus: what changed
Kris Debus
Largest movements
- Tangible fixed assets +€554,689
up €554,689 (+19,936%), from €2,782 to €557,472
of which Assets under construction and advance payments: +€290,692
- Cash -€307,211
down €307,211 (-97.5%), from €315,022 to €7,811
mainly Investment in fixed assets (net) (-€592,807) and Net result for the year (-€57,756)
- Other debts +€293,694
up €293,694 (+7,246%), from €4,053 to €297,747
- Reserves -€57,756
down €57,756 (-19.0%), from €304,775 to €247,019
- Trade debts +€9,594
up €9,594 (+258%), from €3,718 to €13,312
- Gross operating margin -€292,902
down €292,902, from €273,584 to -€19,318
- Depreciation +€36,179
up €36,179 (+1,865%), from €1,940 to €38,118
- Taxes -€3,230
down €3,230 (-100%), from €3,230 to €0
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €324,127 | €568,145 | +€244,019 | +75.3% |
| Fixed assets | 21/28 | €2,782 | €557,472 | +€554,689 | +19,936% |
| Tangible fixed assets | 22/27 | €2,782 | €557,472 | +€554,689 | +19,936% |
| Land and buildings | 22 | - | €246,268 | +€246,268 | |
| Plant, machinery and equipment | 23 | - | €19,216 | +€19,216 | |
| Furniture and vehicles | 24 | €2,782 | €1,296 | -€1,486 | -53.4% |
| Assets under construction and advance payments | 27 | - | €290,692 | +€290,692 | |
| Current assets | 29/58 | €321,344 | €10,674 | -€310,671 | -96.7% |
| Amounts receivable within one year | 40/41 | €6,322 | €2,863 | -€3,459 | -54.7% |
| Trade receivables | 40 | €3,029 | - | -€3,029 | |
| Other amounts receivable | 41 | €3,293 | €2,863 | -€430 | -13.1% |
| Cash at bank and in hand | 54/58 | €315,022 | €7,811 | -€307,211 | -97.5% |
| Total equity and liabilities | 10/49 | €324,127 | €568,145 | +€244,019 | +75.3% |
| Equity | 10/15 | €314,775 | €257,019 | -€57,756 | -18.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €304,775 | €247,019 | -€57,756 | -19.0% |
| Distributable reserves | 133 | €304,775 | €247,019 | -€57,756 | -19.0% |
| Amounts payable | 17/49 | €9,352 | €311,126 | +€301,774 | +3,227% |
| Amounts payable within one year | 42/48 | €9,286 | €311,059 | +€301,773 | +3,250% |
| Trade debts | 44 | €3,718 | €13,312 | +€9,594 | +258% |
| Suppliers | 440/4 | €3,718 | €13,312 | +€9,594 | +258% |
| Taxes, remuneration and social security | 45 | €1,515 | - | -€1,515 | |
| Taxes | 450/3 | €1,515 | - | -€1,515 | |
| Other amounts payable | 47/48 | €4,053 | €297,747 | +€293,694 | +7,246% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €255,100 | - | -€255,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,940 | €38,118 | +€36,179 | +1,865% |
| Other operating charges | 640/8 | €496 | €725 | +€229 | +46.2% |
| Gross operating margin | 9900 | €273,584 | -€19,318 | -€292,902 | |
| Operating profit (loss) | 9901 | €271,148 | -€58,162 | -€329,310 | |
| Financial income | 75/76B | €184 | €501 | +€317 | +172% |
| Recurring financial income | 75 | €184 | €501 | +€317 | +172% |
| Financial charges | 65/66B | €251 | €95 | -€156 | -62.2% |
| Recurring financial charges | 65 | €251 | €95 | -€156 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €271,082 | -€57,756 | -€328,837 | |
| Income taxes | 67/77 | €3,230 | €0 | -€3,230 | -100% |
| Profit (loss) for the period | 9904 | €267,852 | -€57,756 | -€325,607 | |
| Profit (loss) for the period to be appropriated | 9905 | €267,852 | -€57,756 | -€325,607 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.