D.B.M.: 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.M.
Largest movements
- Current investments -€100,000
down €100,000 (-16.7%), from €600,000 to €500,000
- Cash +€66,439
up €66,439 (+104.7%), from €63,476 to €129,915
mainly Current investments (+€100,000) and Depreciation (+€46,814)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€6,402
down €6,402 (-8.8%), from €73,070 to €66,667
- Financial income -€4,751
down €4,751 (-22.6%), from €21,004 to €16,253
- Financial charges -€4,446
down €4,446 (-8.5%), from €52,325 to €47,880
- Depreciation +€933
up €933 (+2.0%), from €45,881 to €46,814
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.
Cash bridge derived
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 | €3,110,143 | €3,055,352 | -€54,791 | -1.8% |
| Fixed assets | 21/28 | €2,439,533 | €2,419,289 | -€20,243 | -0.8% |
| Tangible fixed assets | 22/27 | €2,439,533 | €2,419,289 | -€20,243 | -0.8% |
| Land and buildings | 22 | €2,374,985 | €2,381,865 | +€6,881 | +0.3% |
| Furniture and vehicles | 24 | €64,548 | €37,424 | -€27,124 | -42.0% |
| Current assets | 29/58 | €670,610 | €636,063 | -€34,547 | -5.2% |
| Amounts receivable within one year | 40/41 | €4,878 | €3,513 | -€1,366 | -28.0% |
| Other amounts receivable | 41 | €4,878 | €3,513 | -€1,366 | -28.0% |
| Current investments | 50/53 | €600,000 | €500,000 | -€100,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €63,476 | €129,915 | +€66,439 | +104.7% |
| Deferred charges and accrued income | 490/1 | €2,256 | €2,635 | +€379 | +16.8% |
| Total equity and liabilities | 10/49 | €3,110,143 | €3,055,352 | -€54,791 | -1.8% |
| Equity | 10/15 | €1,406,343 | €1,378,333 | -€28,010 | -2.0% |
| Contributions | 10/11 | €695,000 | €695,000 | = | 0.0% |
| Reserves | 13 | €711,343 | €683,333 | -€28,010 | -3.9% |
| Tax-exempt reserves | 132 | €200,710 | €200,710 | = | 0.0% |
| Distributable reserves | 133 | €510,633 | €482,624 | -€28,010 | -5.5% |
| Provisions and deferred taxes | 16 | €66,903 | €66,903 | = | 0.0% |
| Deferred taxes | 168 | €66,903 | €66,903 | = | 0.0% |
| Amounts payable | 17/49 | €1,636,896 | €1,610,116 | -€26,781 | -1.6% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial debts | 170/4 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €581,267 | €558,786 | -€22,481 | -3.9% |
| Trade debts | 44 | €1,811 | €1,968 | +€157 | +8.7% |
| Suppliers | 440/4 | €1,811 | €1,968 | +€157 | +8.7% |
| Other amounts payable | 47/48 | €579,456 | €556,818 | -€22,637 | -3.9% |
| Accrued charges and deferred income | 492/3 | €55,629 | €51,329 | -€4,300 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,881 | €46,814 | +€933 | +2.0% |
| Other operating charges | 640/8 | €15,348 | €14,873 | -€475 | -3.1% |
| Gross operating margin | 9900 | €73,070 | €66,667 | -€6,402 | -8.8% |
| Operating profit (loss) | 9901 | €11,840 | €4,980 | -€6,860 | -57.9% |
| Financial income | 75/76B | €21,004 | €16,253 | -€4,751 | -22.6% |
| Recurring financial income | 75 | €21,004 | €16,253 | -€4,751 | -22.6% |
| Financial charges | 65/66B | €52,325 | €47,880 | -€4,446 | -8.5% |
| Recurring financial charges | 65 | €52,325 | €47,880 | -€4,446 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,481 | -€26,647 | -€7,166 | -36.8% |
| Income taxes | 67/77 | €1,429 | €1,363 | -€66 | -4.7% |
| Profit (loss) for the period | 9904 | -€20,911 | -€28,010 | -€7,099 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,911 | -€28,010 | -€7,099 | -34.0% |
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 9 October 2026 via checked.be.