DB ACCOUNTING: 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.
What changed
DB ACCOUNTING
NACE 69.201, Certified accountants and tax accountants
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€853,897
2025 · €955,527-€101,630
Equity
€3.6m
2025 · €2.7m+€853,064
Cash
€41,146
2025 · €208,427-€167,281
Balance sheet total
€3.8m
2025 · €3.1m+€733,763
Largest movements
Assets
- Current investments +€930,000
up €930,000 (+108%), from €857,274 to €1.8m
- Cash -€167,281
down €167,281 (-80.3%), from €208,427 to €41,146
mainly Current investments (-€930,000) and Tax, wage and social debts (-€73,386)
Equity and liabilities
- Reserves +€853,064
up €853,064 (+31.3%), from €2.7m to €3.6m
of which Distributable reserves: +€816,226
- Tax, wage and social debts -€73,386
down €73,386 (-45.5%), from €161,129 to €87,743
of which Taxes: -€70,892
- Debts after one year -€40,920
down €40,920 (-46.0%), from €89,031 to €48,111
Income statement
- Gross operating margin -€229,179
down €229,179 (-14.7%), from €1.6m to €1.3m
- Depreciation -€92,856
down €92,856 (-49.2%), from €188,879 to €96,023
- Taxes -€64,073
down €64,073 (-14.6%), from €439,957 to €375,884
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.
Result 2025
€955,527
Gross operating margin
-€229,179
Depreciation
+€92,856
Other operating charges
-€3,110
Financial income
-€14,854
Financial charges
+€864
Taxes
+€64,073
Deferred taxes and other
-€12,279
Result 2026
€853,897
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€886,706
Investment
-€998,380
Financing
-€55,607
Cash 2025
€208,427
From operations (derived)
+€886,706
Net result for the year
+€853,897
Depreciation
+€96,023
Receivables within one year
-€4,657
Deferred charges and accrued income
+€5,971
Provisions
+€12,279
Smaller working-capital items
+€1,062
Tax, wage and social debts
-€73,386
Accrued charges and deferred income
-€4,483
Investment (derived)
-€998,380
Investment in fixed assets (net)
-€68,380
Current investments
-€930,000
Financing
-€55,607
Debts after one year
-€40,920
Current portion of long-term debt
-€13,854
Contributions, distributions and other
-€833
Cash 2026
€41,146
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,061,754 | €3,795,517 | +€733,763 | +24.0% |
| Fixed assets | 21/28 | €1,875,224 | €1,847,581 | -€27,643 | -1.5% |
| Tangible fixed assets | 22/27 | €1,875,224 | €1,847,581 | -€27,643 | -1.5% |
| Land and buildings | 22 | €1,828,285 | €1,820,241 | -€8,044 | -0.4% |
| Furniture and vehicles | 24 | €46,939 | €27,340 | -€19,599 | -41.8% |
| Current assets | 29/58 | €1,186,530 | €1,947,936 | +€761,406 | +64.2% |
| Amounts receivable within one year | 40/41 | €105,921 | €110,578 | +€4,657 | +4.4% |
| Trade receivables | 40 | €96,421 | €101,013 | +€4,592 | +4.8% |
| Other amounts receivable | 41 | €9,500 | €9,565 | +€65 | +0.7% |
| Current investments | 50/53 | €857,274 | €1,787,274 | +€930,000 | +108% |
| Cash at bank and in hand | 54/58 | €208,427 | €41,146 | -€167,281 | -80.3% |
| Deferred charges and accrued income | 490/1 | €14,908 | €8,938 | -€5,971 | -40.0% |
| Total equity and liabilities | 10/49 | €3,061,754 | €3,795,517 | +€733,763 | +24.0% |
| Equity | 10/15 | €2,739,971 | €3,593,035 | +€853,064 | +31.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,727,571 | €3,580,635 | +€853,064 | +31.3% |
| Tax-exempt reserves | 132 | - | €36,838 | +€36,838 | |
| Distributable reserves | 133 | €2,727,571 | €3,543,797 | +€816,226 | +29.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €12,279 | +€12,279 | |
| Deferred taxes | 168 | - | €12,279 | +€12,279 | |
| Amounts payable | 17/49 | €321,783 | €190,202 | -€131,581 | -40.9% |
| Amounts payable after more than one year | 17 | €89,031 | €48,111 | -€40,920 | -46.0% |
| Financial debts | 170/4 | €89,031 | €48,111 | -€40,920 | -46.0% |
| Amounts payable within one year | 42/48 | €228,269 | €142,091 | -€86,179 | -37.8% |
| Current portion of amounts payable after more than one year | 42 | €54,774 | €40,920 | -€13,854 | -25.3% |
| Trade debts | 44 | €1,975 | €3,078 | +€1,103 | +55.9% |
| Suppliers | 440/4 | €1,975 | €3,078 | +€1,103 | +55.9% |
| Taxes, remuneration and social security | 45 | €161,129 | €87,743 | -€73,386 | -45.5% |
| Taxes | 450/3 | €158,635 | €87,743 | -€70,892 | -44.7% |
| Remuneration and social security | 454/9 | €2,494 | €0 | -€2,494 | -100% |
| Other amounts payable | 47/48 | €10,392 | €10,350 | -€42 | -0.4% |
| Accrued charges and deferred income | 492/3 | €4,483 | €0 | -€4,483 | -100% |
| Non-recurring operating income | 76A | €0 | €51,244 | +€51,244 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,879 | €96,023 | -€92,856 | -49.2% |
| Other operating charges | 640/8 | €5,765 | €8,875 | +€3,110 | +54.0% |
| Gross operating margin | 9900 | €1,554,896 | €1,325,718 | -€229,179 | -14.7% |
| Operating profit (loss) | 9901 | €1,360,253 | €1,220,820 | -€139,433 | -10.3% |
| Financial income | 75/76B | €38,543 | €23,689 | -€14,854 | -38.5% |
| Recurring financial income | 75 | €38,543 | €23,689 | -€14,854 | -38.5% |
| Financial charges | 65/66B | €3,312 | €2,448 | -€864 | -26.1% |
| Recurring financial charges | 65 | €3,312 | €2,448 | -€864 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €1,395,484 | €1,242,061 | -€153,423 | -11.0% |
| Transfer from deferred taxes | 780 | - | €531 | +€531 | |
| Transfer to deferred taxes | 680 | - | €12,811 | +€12,811 | |
| Income taxes | 67/77 | €439,957 | €375,884 | -€64,073 | -14.6% |
| Profit (loss) for the period | 9904 | €955,527 | €853,897 | -€101,630 | -10.6% |
| Transfer from tax-exempt reserves | 789 | - | €1,594 | +€1,594 | |
| Transfer to tax-exempt reserves | 689 | - | €38,433 | +€38,433 | |
| Profit (loss) for the period to be appropriated | 9905 | €955,527 | €817,059 | -€138,468 | -14.5% |
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 20 October 2026 via checked.be.