DB+: 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.
DB+
Largest movements
- Receivables within one year +€77,339
up €77,339 (+836%), from €9,251 to €86,589
of which Trade receivables: +€77,316
- Cash -€65,433
down €65,433 (-67.6%), from €96,852 to €31,419
mainly Receivables within one year (-€77,339) and Tax, wage and social debts (-€3,303)
- Tangible fixed assets -€1,286
down €1,286 (-20.1%), from €6,407 to €5,121
- Reserves +€47,566
new in 2025: €47,566
- Profit (loss) carried forward -€43,081
down €43,081 (-100%), from €43,081 to €0
- Trade debts +€9,183
up €9,183 (+24.8%), from €37,060 to €46,243
- Tax, wage and social debts -€3,303
down €3,303 (-12.1%), from €27,369 to €24,066
- Gross operating margin -€50,098
down €50,098 (-87.8%), from €57,090 to €6,992
- Taxes -€12,727
down €12,727 (-88.6%), from €14,360 to €1,633
- Depreciation +€1,262
up €1,262 (+5,114%), from €25 to €1,286
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 | €112,510 | €123,220 | +€10,709 | +9.5% |
| Fixed assets | 21/28 | €6,407 | €5,121 | -€1,286 | -20.1% |
| Tangible fixed assets | 22/27 | €6,407 | €5,121 | -€1,286 | -20.1% |
| Plant, machinery and equipment | 23 | €6,407 | €5,121 | -€1,286 | -20.1% |
| Current assets | 29/58 | €106,103 | €118,099 | +€11,996 | +11.3% |
| Amounts receivable within one year | 40/41 | €9,251 | €86,589 | +€77,339 | +836% |
| Trade receivables | 40 | €9,175 | €86,492 | +€77,316 | +843% |
| Other amounts receivable | 41 | €75 | €97 | +€22 | +29.8% |
| Cash at bank and in hand | 54/58 | €96,852 | €31,419 | -€65,433 | -67.6% |
| Deferred charges and accrued income | 490/1 | - | €90 | +€90 | |
| Total equity and liabilities | 10/49 | €112,510 | €123,220 | +€10,709 | +9.5% |
| Equity | 10/15 | €48,081 | €52,566 | +€4,485 | +9.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €47,566 | +€47,566 | |
| Distributable reserves | 133 | - | €47,566 | +€47,566 | |
| Profit (loss) carried forward | 14 | €43,081 | €0 | -€43,081 | -100% |
| Amounts payable | 17/49 | €64,429 | €70,654 | +€6,225 | +9.7% |
| Amounts payable within one year | 42/48 | €64,429 | €70,654 | +€6,225 | +9.7% |
| Trade debts | 44 | €37,060 | €46,243 | +€9,183 | +24.8% |
| Suppliers | 440/4 | €37,060 | €46,243 | +€9,183 | +24.8% |
| Taxes, remuneration and social security | 45 | €27,369 | €24,066 | -€3,303 | -12.1% |
| Taxes | 450/3 | €27,369 | €24,066 | -€3,303 | -12.1% |
| Other amounts payable | 47/48 | - | €345 | +€345 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25 | €1,286 | +€1,262 | +5,114% |
| Other operating charges | 640/8 | €50 | €320 | +€270 | +540% |
| Gross operating margin | 9900 | €57,090 | €6,992 | -€50,098 | -87.8% |
| Operating profit (loss) | 9901 | €57,015 | €5,386 | -€51,630 | -90.6% |
| Financial income | 75/76B | €488 | €839 | +€350 | +71.8% |
| Recurring financial income | 75 | €488 | €839 | +€350 | +71.8% |
| Financial charges | 65/66B | €62 | €106 | +€44 | +71.7% |
| Recurring financial charges | 65 | €62 | €106 | +€44 | +71.7% |
| Profit (loss) for the period before taxes | 9903 | €57,441 | €6,118 | -€51,323 | -89.3% |
| Income taxes | 67/77 | €14,360 | €1,633 | -€12,727 | -88.6% |
| Profit (loss) for the period | 9904 | €43,081 | €4,485 | -€38,596 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,081 | €4,485 | -€38,596 | -89.6% |
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 14 October 2026 via checked.be.