LE GHOST DU DEBOUCHAGE: 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.
LE GHOST DU DEBOUCHAGE
Largest movements
- Receivables within one year -€1,236
down €1,236 (-18.1%), from €6,819 to €5,583
of which Other amounts receivable: -€2,248
- Cash -€694
down €694 (-29.5%), from €2,349 to €1,655
mainly Trade debts (-€7,627) and Net result for the year (-€6,869)
- Tangible fixed assets -€417
down €417 (-62.9%), from €662 to €246
- Other debts +€12,150
new in 2025: €12,150
- Trade debts -€7,627
no longer reported in 2025 (was €7,627)
- Profit (loss) carried forward -€6,869
down €6,869, from €1,203 to -€5,667
- Purchases and services -€11,301
down €11,301 (-36.9%), from €30,607 to €19,305
- Turnover -€9,701
down €9,701 (-41.0%), from €23,678 to €13,977
- Gross operating margin +€1,601
up €1,601 (+23.1%), from -€6,929 to -€5,328
- Financial charges +€468
up €468 (+1,086%), from €43 to €511
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 | €9,830 | €7,483 | -€2,346 | -23.9% |
| Fixed assets | 21/28 | €662 | €246 | -€417 | -62.9% |
| Tangible fixed assets | 22/27 | €662 | €246 | -€417 | -62.9% |
| Plant, machinery and equipment | 23 | €662 | €246 | -€417 | -62.9% |
| Current assets | 29/58 | €9,168 | €7,238 | -€1,930 | -21.1% |
| Amounts receivable within one year | 40/41 | €6,819 | €5,583 | -€1,236 | -18.1% |
| Trade receivables | 40 | €3,980 | €4,992 | +€1,012 | +25.4% |
| Other amounts receivable | 41 | €2,839 | €591 | -€2,248 | -79.2% |
| Cash at bank and in hand | 54/58 | €2,349 | €1,655 | -€694 | -29.5% |
| Total equity and liabilities | 10/49 | €9,830 | €7,483 | -€2,346 | -23.9% |
| Equity | 10/15 | €2,203 | -€4,667 | -€6,869 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,203 | -€5,667 | -€6,869 | |
| Amounts payable | 17/49 | €7,627 | €12,150 | +€4,523 | +59.3% |
| Amounts payable within one year | 42/48 | €7,627 | €12,150 | +€4,523 | +59.3% |
| Trade debts | 44 | €7,627 | - | -€7,627 | |
| Suppliers | 440/4 | €7,627 | - | -€7,627 | |
| Other amounts payable | 47/48 | - | €12,150 | +€12,150 | |
| Turnover | 70 | €23,678 | €13,977 | -€9,701 | -41.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €30,607 | €19,305 | -€11,301 | -36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €417 | €417 | = | 0.0% |
| Non-recurring operating charges | 66A | €74 | €613 | +€539 | +727% |
| Gross operating margin | 9900 | -€6,929 | -€5,328 | +€1,601 | +23.1% |
| Operating profit (loss) | 9901 | -€7,420 | -€6,358 | +€1,062 | +14.3% |
| Financial charges | 65/66B | €43 | €511 | +€468 | +1,086% |
| Recurring financial charges | 65 | €43 | €511 | +€468 | +1,086% |
| Profit (loss) for the period before taxes | 9903 | -€7,463 | -€6,869 | +€594 | +8.0% |
| Transfer to deferred taxes | 680 | €2,182 | - | -€2,182 | |
| Profit (loss) for the period | 9904 | -€9,645 | -€6,869 | +€2,775 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,645 | -€6,869 | +€2,775 | +28.8% |
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 30 October 2026 via checked.be.