DEBUTO: 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.
DEBUTO
Largest movements
- Current investments +€263,580
up €263,580 (+27.3%), from €967,176 to €1.2m
- Cash -€64,201
down €64,201 (-63.6%), from €100,934 to €36,733
mainly Current investments (-€263,580) and Tax, wage and social debts (-€17,705)
- Reserves +€177,676
up €177,676 (+20.6%), from €863,356 to €1.0m
- Other debts +€40,238
up €40,238 (+23.1%), from €174,444 to €214,683
- Tax, wage and social debts -€17,705
down €17,705 (-37.2%), from €47,568 to €29,863
- Gross operating margin -€21,437
down €21,437 (-8.0%), from €267,028 to €245,591
- Financial income +€16,570
up €16,570 (+138%), from €12,050 to €28,619
- Depreciation -€8,498
down €8,498 (-69.4%), from €12,242 to €3,745
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 | €1,104,862 | €1,306,916 | +€202,054 | +18.3% |
| Fixed assets | 21/28 | €11,078 | €9,176 | -€1,902 | -17.2% |
| Tangible fixed assets | 22/27 | €11,078 | €9,176 | -€1,902 | -17.2% |
| Land and buildings | 22 | €8,453 | €7,582 | -€871 | -10.3% |
| Furniture and vehicles | 24 | €2,625 | €1,594 | -€1,031 | -39.3% |
| Current assets | 29/58 | €1,093,784 | €1,297,741 | +€203,957 | +18.6% |
| Amounts receivable within one year | 40/41 | €25,216 | €27,918 | +€2,701 | +10.7% |
| Trade receivables | 40 | €25,216 | €17,923 | -€7,294 | -28.9% |
| Other amounts receivable | 41 | - | €9,995 | +€9,995 | |
| Current investments | 50/53 | €967,176 | €1,230,756 | +€263,580 | +27.3% |
| Cash at bank and in hand | 54/58 | €100,934 | €36,733 | -€64,201 | -63.6% |
| Deferred charges and accrued income | 490/1 | €458 | €2,334 | +€1,877 | +410% |
| Total equity and liabilities | 10/49 | €1,104,862 | €1,306,916 | +€202,054 | +18.3% |
| Equity | 10/15 | €881,956 | €1,059,632 | +€177,676 | +20.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €863,356 | €1,041,032 | +€177,676 | +20.6% |
| Distributable reserves | 133 | €863,356 | €1,041,032 | +€177,676 | +20.6% |
| Amounts payable | 17/49 | €222,906 | €247,284 | +€24,378 | +10.9% |
| Amounts payable within one year | 42/48 | €222,906 | €247,284 | +€24,378 | +10.9% |
| Trade debts | 44 | €894 | €2,738 | +€1,844 | +206% |
| Suppliers | 440/4 | €894 | €2,738 | +€1,844 | +206% |
| Taxes, remuneration and social security | 45 | €47,568 | €29,863 | -€17,705 | -37.2% |
| Taxes | 450/3 | €47,568 | €29,863 | -€17,705 | -37.2% |
| Other amounts payable | 47/48 | €174,444 | €214,683 | +€40,238 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,242 | €3,745 | -€8,498 | -69.4% |
| Other operating charges | 640/8 | €251 | €274 | +€23 | +9.3% |
| Gross operating margin | 9900 | €267,028 | €245,591 | -€21,437 | -8.0% |
| Operating profit (loss) | 9901 | €254,535 | €241,572 | -€12,962 | -5.1% |
| Financial income | 75/76B | €12,050 | €28,619 | +€16,570 | +138% |
| Recurring financial income | 75 | €12,050 | €28,619 | +€16,570 | +138% |
| Financial charges | 65/66B | €11,105 | €12,259 | +€1,154 | +10.4% |
| Recurring financial charges | 65 | €11,105 | €12,259 | +€1,154 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €255,480 | €257,933 | +€2,453 | +1.0% |
| Income taxes | 67/77 | €77,278 | €78,590 | +€1,312 | +1.7% |
| Profit (loss) for the period | 9904 | €178,201 | €179,342 | +€1,141 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €178,201 | €179,342 | +€1,141 | +0.6% |
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 26 October 2026 via checked.be.