DB & A 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.
DB & A MANAGEMENT
Largest movements
- Tangible fixed assets -€27,263
down €27,263 (-6.0%), from €452,378 to €425,115
of which Land and buildings: -€25,278
- Cash +€26,616
up €26,616 (+250%), from €10,641 to €37,257
mainly Other debts (+€58,922) and Net result for the year (+€43,537)
- Receivables within one year -€23,344
down €23,344 (-84.2%), from €27,734 to €4,391
of which Trade receivables: -€22,181
- Debts after one year -€81,300
down €81,300 (-34.8%), from €233,863 to €152,563
- Other debts +€58,922
up €58,922 (+51.8%), from €113,683 to €172,605
- Reserves +€44,000
up €44,000 (+10.4%), from €424,683 to €468,683
- Short-term financial debts -€30,716
down €30,716 (-42.9%), from €71,588 to €40,872
- Gross operating margin +€11,651
up €11,651 (+10.6%), from €110,037 to €121,688
- Taxes -€10,022
down €10,022 (-31.3%), from €32,061 to €22,039
- Other operating charges +€1,798
up €1,798 (+20.9%), from €8,599 to €10,398
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 | €1,001,410 | €978,904 | -€22,506 | -2.2% |
| Fixed assets | 21/28 | €956,884 | €929,621 | -€27,263 | -2.8% |
| Tangible fixed assets | 22/27 | €452,378 | €425,115 | -€27,263 | -6.0% |
| Land and buildings | 22 | €432,108 | €406,830 | -€25,278 | -5.8% |
| Plant, machinery and equipment | 23 | €1,318 | €1,024 | -€294 | -22.3% |
| Furniture and vehicles | 24 | €18,952 | €17,261 | -€1,691 | -8.9% |
| Financial fixed assets | 28 | €504,506 | €504,506 | = | 0.0% |
| Current assets | 29/58 | €44,526 | €49,283 | +€4,757 | +10.7% |
| Amounts receivable within one year | 40/41 | €27,734 | €4,391 | -€23,344 | -84.2% |
| Trade receivables | 40 | €23,595 | €1,414 | -€22,181 | -94.0% |
| Other amounts receivable | 41 | €4,139 | €2,977 | -€1,163 | -28.1% |
| Cash at bank and in hand | 54/58 | €10,641 | €37,257 | +€26,616 | +250% |
| Deferred charges and accrued income | 490/1 | €6,151 | €7,635 | +€1,484 | +24.1% |
| Total equity and liabilities | 10/49 | €1,001,410 | €978,904 | -€22,506 | -2.2% |
| Equity | 10/15 | €444,514 | €488,051 | +€43,537 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €424,683 | €468,683 | +€44,000 | +10.4% |
| Distributable reserves | 133 | €424,683 | €468,683 | +€44,000 | +10.4% |
| Profit (loss) carried forward | 14 | €1,231 | €768 | -€463 | -37.6% |
| Amounts payable | 17/49 | €556,896 | €490,853 | -€66,043 | -11.9% |
| Amounts payable after more than one year | 17 | €233,863 | €152,563 | -€81,300 | -34.8% |
| Financial debts | 170/4 | €233,863 | €152,563 | -€81,300 | -34.8% |
| Amounts payable within one year | 42/48 | €292,348 | €309,966 | +€17,618 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €88,147 | €81,300 | -€6,846 | -7.8% |
| Financial debts | 43 | €71,588 | €40,872 | -€30,716 | -42.9% |
| Credit institutions | 430/8 | €71,588 | €40,872 | -€30,716 | -42.9% |
| Trade debts | 44 | €9,353 | €11,391 | +€2,038 | +21.8% |
| Suppliers | 440/4 | €9,353 | €11,391 | +€2,038 | +21.8% |
| Taxes, remuneration and social security | 45 | €9,578 | €3,798 | -€5,780 | -60.3% |
| Taxes | 450/3 | €4,578 | €3,798 | -€780 | -17.0% |
| Remuneration and social security | 454/9 | €5,000 | €0 | -€5,000 | -100% |
| Other amounts payable | 47/48 | €113,683 | €172,605 | +€58,922 | +51.8% |
| Accrued charges and deferred income | 492/3 | €30,685 | €28,324 | -€2,361 | -7.7% |
| Non-recurring operating income | 76A | - | €8,339 | +€8,339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,982 | €27,263 | +€280 | +1.0% |
| Other operating charges | 640/8 | €8,599 | €10,398 | +€1,798 | +20.9% |
| Gross operating margin | 9900 | €110,037 | €121,688 | +€11,651 | +10.6% |
| Operating profit (loss) | 9901 | €74,455 | €84,028 | +€9,573 | +12.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €17,400 | €18,452 | +€1,051 | +6.0% |
| Recurring financial charges | 65 | €17,400 | €18,452 | +€1,051 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €57,055 | €65,576 | +€8,521 | +14.9% |
| Income taxes | 67/77 | €32,061 | €22,039 | -€10,022 | -31.3% |
| Profit (loss) for the period | 9904 | €24,994 | €43,537 | +€18,543 | +74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,994 | €43,537 | +€18,543 | +74.2% |
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 25 October 2026 via checked.be.