DABORD: 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.
DABORD
Largest movements
- Receivables within one year -€36,759
down €36,759 (-86.1%), from €42,687 to €5,928
of which Trade receivables: -€37,634
- Cash +€18,946
up €18,946 (+36.4%), from €52,082 to €71,027
mainly Receivables within one year (+€36,759) and Depreciation (+€19,783)
- Tangible fixed assets -€17,821
down €17,821 (-8.8%), from €202,668 to €184,847
of which Land and buildings: -€10,872
- Tax, wage and social debts -€27,262
down €27,262 (-74.4%), from €36,645 to €9,383
- Debts after one year -€15,013
down €15,013 (-11.3%), from €132,555 to €117,542
- Profit (loss) carried forward +€11,637
up €11,637 (+30.6%), from €37,974 to €49,611
- Current portion of long-term debt -€5,487
down €5,487 (-26.8%), from €20,499 to €15,013
- Gross operating margin -€11,180
down €11,180 (-23.4%), from €47,794 to €36,615
- Taxes -€5,170
down €5,170 (-74.4%), from €6,953 to €1,783
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 | €298,787 | €262,352 | -€36,435 | -12.2% |
| Fixed assets | 21/28 | €202,668 | €184,847 | -€17,821 | -8.8% |
| Tangible fixed assets | 22/27 | €202,668 | €184,847 | -€17,821 | -8.8% |
| Land and buildings | 22 | €175,293 | €164,421 | -€10,872 | -6.2% |
| Plant, machinery and equipment | 23 | €2,951 | €3,589 | +€638 | +21.6% |
| Furniture and vehicles | 24 | €24,423 | €16,836 | -€7,587 | -31.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €96,119 | €77,505 | -€18,614 | -19.4% |
| Amounts receivable within one year | 40/41 | €42,687 | €5,928 | -€36,759 | -86.1% |
| Trade receivables | 40 | €42,687 | €5,053 | -€37,634 | -88.2% |
| Other amounts receivable | 41 | €0 | €875 | +€875 | |
| Cash at bank and in hand | 54/58 | €52,082 | €71,027 | +€18,946 | +36.4% |
| Deferred charges and accrued income | 490/1 | €1,351 | €550 | -€801 | -59.3% |
| Total equity and liabilities | 10/49 | €298,787 | €262,352 | -€36,435 | -12.2% |
| Equity | 10/15 | €58,434 | €70,071 | +€11,637 | +19.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,974 | €49,611 | +€11,637 | +30.6% |
| Amounts payable | 17/49 | €240,353 | €192,281 | -€48,072 | -20.0% |
| Amounts payable after more than one year | 17 | €132,555 | €117,542 | -€15,013 | -11.3% |
| Financial debts | 170/4 | €132,555 | €117,542 | -€15,013 | -11.3% |
| Amounts payable within one year | 42/48 | €107,798 | €74,739 | -€33,059 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €20,499 | €15,013 | -€5,487 | -26.8% |
| Trade debts | 44 | €2,601 | €343 | -€2,258 | -86.8% |
| Suppliers | 440/4 | €2,601 | €343 | -€2,258 | -86.8% |
| Taxes, remuneration and social security | 45 | €36,645 | €9,383 | -€27,262 | -74.4% |
| Taxes | 450/3 | €36,645 | €9,383 | -€27,262 | -74.4% |
| Other amounts payable | 47/48 | €48,053 | €50,000 | +€1,947 | +4.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,690 | €19,783 | +€93 | +0.5% |
| Other operating charges | 640/8 | €779 | €939 | +€160 | +20.5% |
| Gross operating margin | 9900 | €47,794 | €36,615 | -€11,180 | -23.4% |
| Operating profit (loss) | 9901 | €27,325 | €15,892 | -€11,433 | -41.8% |
| Financial charges | 65/66B | €2,494 | €2,473 | -€21 | -0.8% |
| Recurring financial charges | 65 | €2,494 | €2,473 | -€21 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €24,832 | €13,420 | -€11,412 | -46.0% |
| Income taxes | 67/77 | €6,953 | €1,783 | -€5,170 | -74.4% |
| Profit (loss) for the period | 9904 | €17,879 | €11,637 | -€6,242 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,879 | €11,637 | -€6,242 | -34.9% |
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 15 October 2026 via checked.be.