D.B.O.: 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.O.
Largest movements
- Intangible fixed assets -€10,554
down €10,554 (-7.4%), from €143,424 to €132,870
- Tangible fixed assets -€5,459
down €5,459 (-14.9%), from €36,521 to €31,062
of which Land and buildings: -€5,795
- Debts after one year -€16,988
down €16,988 (-15.3%), from €110,834 to €93,847
- Trade debts -€3,720
down €3,720 (-100.0%), from €3,720 to €0
- Tax, wage and social debts +€3,503
up €3,503 (+73.6%), from €4,760 to €8,263
- Other debts -€2,831
down €2,831 (-6.8%), from €41,459 to €38,629
- Profit (loss) carried forward +€1,879
up €1,879, from -€1,571 to €308
- Gross operating margin -€3,629
down €3,629 (-11.9%), from €30,512 to €26,884
- Purchases and services +€2,907
up €2,907 (+6.6%), from €44,140 to €47,047
- Other operating charges +€1,212
up €1,212 (+126.4%), from €959 to €2,171
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 | €183,974 | €167,646 | -€16,328 | -8.9% |
| Fixed assets | 21/28 | €181,455 | €165,442 | -€16,013 | -8.8% |
| Intangible fixed assets | 21 | €143,424 | €132,870 | -€10,554 | -7.4% |
| Tangible fixed assets | 22/27 | €36,521 | €31,062 | -€5,459 | -14.9% |
| Land and buildings | 22 | €36,425 | €30,630 | -€5,795 | -15.9% |
| Plant, machinery and equipment | 23 | €96 | €432 | +€336 | +350.1% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,510 | €1,510 | = | 0.0% |
| Current assets | 29/58 | €2,519 | €2,204 | -€316 | -12.5% |
| Amounts receivable within one year | 40/41 | - | €0 | = | |
| Trade receivables | 40 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €2,519 | €2,204 | -€316 | -12.5% |
| Total equity and liabilities | 10/49 | €183,974 | €167,646 | -€16,328 | -8.9% |
| Equity | 10/15 | €6,486 | €8,365 | +€1,879 | +29.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,571 | €308 | +€1,879 | |
| Amounts payable | 17/49 | €177,488 | €159,281 | -€18,207 | -10.3% |
| Amounts payable after more than one year | 17 | €110,834 | €93,847 | -€16,988 | -15.3% |
| Financial debts | 170/4 | €110,834 | €93,847 | -€16,988 | -15.3% |
| Amounts payable within one year | 42/48 | €66,654 | €65,434 | -€1,220 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €16,714 | €18,543 | +€1,828 | +10.9% |
| Trade debts | 44 | €3,720 | €0 | -€3,720 | -100.0% |
| Suppliers | 440/4 | €3,720 | €0 | -€3,720 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,760 | €8,263 | +€3,503 | +73.6% |
| Taxes | 450/3 | €4,760 | €8,263 | +€3,503 | +73.6% |
| Other amounts payable | 47/48 | €41,459 | €38,629 | -€2,831 | -6.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €44,140 | €47,047 | +€2,907 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,058 | €16,013 | -€45 | -0.3% |
| Other operating charges | 640/8 | €959 | €2,171 | +€1,212 | +126.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €30,512 | €26,884 | -€3,629 | -11.9% |
| Operating profit (loss) | 9901 | €13,495 | €8,699 | -€4,796 | -35.5% |
| Financial charges | 65/66B | €2,592 | €2,318 | -€274 | -10.6% |
| Recurring financial charges | 65 | €2,592 | €2,318 | -€274 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €10,903 | €6,382 | -€4,522 | -41.5% |
| Income taxes | 67/77 | €4,760 | €4,503 | -€257 | -5.4% |
| Profit (loss) for the period | 9904 | €6,143 | €1,879 | -€4,264 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,143 | €1,879 | -€4,264 | -69.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.