D & B: 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.
D & B
Largest movements
- Cash +€97,448
up €97,448 (+187%), from €52,087 to €149,535
mainly Current investments (+€79,000) and Net result for the year (+€50,141)
- Current investments -€79,000
down €79,000 (-66.4%), from €119,000 to €40,000
- Tangible fixed assets +€33,547
up €33,547 (+12.5%), from €267,398 to €300,945
of which Furniture and vehicles: +€21,733
- Receivables within one year -€12,053
down €12,053 (-24.4%), from €49,476 to €37,423
of which Other amounts receivable: -€6,888
- Reserves +€50,141
up €50,141 (+73.0%), from €68,693 to €118,834
- Other debts -€8,591
down €8,591 (-2.8%), from €310,505 to €301,915
- Gross operating margin +€78,562
up €78,562 (+206%), from €38,089 to €116,651
- Taxes +€22,285
up €22,285 (+458%), from €4,864 to €27,149
- Depreciation +€6,766
up €6,766 (+22.2%), from €30,412 to €37,178
- Other operating charges -€3,799
down €3,799 (-52.9%), from €7,185 to €3,386
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 | €490,276 | €532,084 | +€41,809 | +8.5% |
| Fixed assets | 21/28 | €267,398 | €300,945 | +€33,547 | +12.5% |
| Tangible fixed assets | 22/27 | €267,398 | €300,945 | +€33,547 | +12.5% |
| Land and buildings | 22 | €198,939 | €211,206 | +€12,266 | +6.2% |
| Plant, machinery and equipment | 23 | €2,074 | €1,622 | -€452 | -21.8% |
| Furniture and vehicles | 24 | €66,385 | €88,118 | +€21,733 | +32.7% |
| Current assets | 29/58 | €222,877 | €231,139 | +€8,262 | +3.7% |
| Amounts receivable within one year | 40/41 | €49,476 | €37,423 | -€12,053 | -24.4% |
| Trade receivables | 40 | €41,863 | €36,697 | -€5,166 | -12.3% |
| Other amounts receivable | 41 | €7,614 | €726 | -€6,888 | -90.5% |
| Current investments | 50/53 | €119,000 | €40,000 | -€79,000 | -66.4% |
| Cash at bank and in hand | 54/58 | €52,087 | €149,535 | +€97,448 | +187% |
| Deferred charges and accrued income | 490/1 | €2,313 | €4,180 | +€1,867 | +80.7% |
| Total equity and liabilities | 10/49 | €490,276 | €532,084 | +€41,809 | +8.5% |
| Equity | 10/15 | €159,775 | €209,915 | +€50,141 | +31.4% |
| Contributions | 10/11 | €91,082 | €91,082 | = | 0.0% |
| Reserves | 13 | €68,693 | €118,834 | +€50,141 | +73.0% |
| Distributable reserves | 133 | €68,693 | €118,834 | +€50,141 | +73.0% |
| Amounts payable | 17/49 | €330,501 | €322,169 | -€8,332 | -2.5% |
| Amounts payable within one year | 42/48 | €324,676 | €318,036 | -€6,640 | -2.0% |
| Trade debts | 44 | €3,799 | €7,978 | +€4,179 | +110% |
| Suppliers | 440/4 | €3,799 | €7,978 | +€4,179 | +110% |
| Taxes, remuneration and social security | 45 | €10,372 | €8,143 | -€2,229 | -21.5% |
| Taxes | 450/3 | €10,372 | €8,143 | -€2,229 | -21.5% |
| Other amounts payable | 47/48 | €310,505 | €301,915 | -€8,591 | -2.8% |
| Accrued charges and deferred income | 492/3 | €5,825 | €4,133 | -€1,692 | -29.0% |
| Non-recurring operating income | 76A | €4,250 | €1,000 | -€3,250 | -76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,412 | €37,178 | +€6,766 | +22.2% |
| Other operating charges | 640/8 | €7,185 | €3,386 | -€3,799 | -52.9% |
| Gross operating margin | 9900 | €38,089 | €116,651 | +€78,562 | +206% |
| Operating profit (loss) | 9901 | €493 | €76,087 | +€75,594 | +15,349% |
| Financial income | 75/76B | €1,397 | €1,340 | -€57 | -4.1% |
| Recurring financial income | 75 | €1,397 | €1,340 | -€57 | -4.1% |
| Financial charges | 65/66B | €374 | €137 | -€238 | -63.4% |
| Recurring financial charges | 65 | €374 | €137 | -€238 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | €1,515 | €77,290 | +€75,775 | +5,002% |
| Income taxes | 67/77 | €4,864 | €27,149 | +€22,285 | +458% |
| Profit (loss) for the period | 9904 | -€3,349 | €50,141 | +€53,490 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,349 | €50,141 | +€53,490 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.