D.BROK MANAGEMENT: 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.BROK MANAGEMENT
Largest movements
- Financial fixed assets -€251,000
down €251,000 (-99.9%), from €251,150 to €150
- Receivables within one year +€231,956
up €231,956 (+1,140%), from €20,349 to €252,305
of which Other amounts receivable: +€250,711
- Cash -€37,619
down €37,619 (-57.6%), from €65,362 to €27,743
mainly Receivables within one year (-€231,956) and Net result for the year (-€77,778)
- Profit (loss) carried forward -€77,778
down €77,778 (-65.4%), from €118,905 to €41,127
- Short-term financial debts +€15,714
up €15,714 (+9.2%), from €171,429 to €187,143
- Tax, wage and social debts -€8,074
down €8,074 (-56.9%), from €14,182 to €6,108
- Other debts +€6,486
up €6,486 (+64.9%), from €10,000 to €16,486
- Trade debts +€3,869
up €3,869 (+554%), from €698 to €4,567
- Financial income +€399,322
up €399,322 (+281,015%), from €142 to €399,464
of which Non-recurring financial income: +€399,325
- Financial charges +€398,328
up €398,328 (+3,694%), from €10,784 to €409,112
- Gross operating margin -€125,308
down €125,308, from €60,439 to -€64,869
- Taxes -€13,741
down €13,741 (-96.8%), from €14,191 to €450
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €348,354 | €290,110 | -€58,244 | -16.7% |
| Fixed assets | 21/28 | €256,336 | €3,554 | -€252,782 | -98.6% |
| Tangible fixed assets | 22/27 | €5,186 | €3,404 | -€1,782 | -34.4% |
| Plant, machinery and equipment | 23 | €2,720 | €1,792 | -€928 | -34.1% |
| Furniture and vehicles | 24 | €2,466 | €1,613 | -€854 | -34.6% |
| Financial fixed assets | 28 | €251,150 | €150 | -€251,000 | -99.9% |
| Current assets | 29/58 | €92,018 | €286,556 | +€194,538 | +211% |
| Amounts receivable within one year | 40/41 | €20,349 | €252,305 | +€231,956 | +1,140% |
| Trade receivables | 40 | €18,755 | €0 | -€18,755 | -100% |
| Other amounts receivable | 41 | €1,594 | €252,305 | +€250,711 | +15,726% |
| Cash at bank and in hand | 54/58 | €65,362 | €27,743 | -€37,619 | -57.6% |
| Deferred charges and accrued income | 490/1 | €6,306 | €6,507 | +€201 | +3.2% |
| Total equity and liabilities | 10/49 | €348,354 | €290,110 | -€58,244 | -16.7% |
| Equity | 10/15 | €149,865 | €72,087 | -€77,778 | -51.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,360 | €12,360 | = | 0.0% |
| Distributable reserves | 133 | €12,360 | €12,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,905 | €41,127 | -€77,778 | -65.4% |
| Amounts payable | 17/49 | €198,489 | €218,023 | +€19,534 | +9.8% |
| Amounts payable within one year | 42/48 | €196,309 | €214,304 | +€17,995 | +9.2% |
| Financial debts | 43 | €171,429 | €187,143 | +€15,714 | +9.2% |
| Credit institutions | 430/8 | €171,429 | €187,143 | +€15,714 | +9.2% |
| Trade debts | 44 | €698 | €4,567 | +€3,869 | +554% |
| Suppliers | 440/4 | €698 | €4,567 | +€3,869 | +554% |
| Taxes, remuneration and social security | 45 | €14,182 | €6,108 | -€8,074 | -56.9% |
| Taxes | 450/3 | €14,182 | €6,108 | -€8,074 | -56.9% |
| Other amounts payable | 47/48 | €10,000 | €16,486 | +€6,486 | +64.9% |
| Accrued charges and deferred income | 492/3 | €2,180 | €3,719 | +€1,539 | +70.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,764 | €1,782 | +€18 | +1.0% |
| Other operating charges | 640/8 | €1,058 | €1,029 | -€29 | -2.7% |
| Gross operating margin | 9900 | €60,439 | -€64,869 | -€125,308 | |
| Operating profit (loss) | 9901 | €57,617 | -€67,680 | -€125,297 | |
| Financial income | 75/76B | €142 | €399,464 | +€399,322 | +281,015% |
| Recurring financial income | 75 | €142 | €139 | -€3 | -1.9% |
| Non-recurring financial income | 76B | - | €399,325 | +€399,325 | |
| Financial charges | 65/66B | €10,784 | €409,112 | +€398,328 | +3,694% |
| Recurring financial charges | 65 | €10,784 | €409,112 | +€398,328 | +3,694% |
| Profit (loss) for the period before taxes | 9903 | €46,975 | -€77,328 | -€124,303 | |
| Income taxes | 67/77 | €14,191 | €450 | -€13,741 | -96.8% |
| Profit (loss) for the period | 9904 | €32,784 | -€77,778 | -€110,562 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,784 | -€77,778 | -€110,562 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.