DB ANALYTICS: 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 ANALYTICS
Largest movements
- Tangible fixed assets +€66,315
up €66,315 (+508%), from €13,061 to €79,376
of which Other tangible fixed assets: +€54,784
- Cash -€29,234
no longer reported in 2026 (was €29,234)
mainly Investment in fixed assets (net) (-€80,037) and Net result for the year (-€53,313)
- Receivables within one year -€14,699
down €14,699 (-26.7%), from €55,044 to €40,345
of which Other amounts receivable: -€14,144
- Financial fixed assets +€4,450
new in 2026: €4,450
- Profit (loss) carried forward -€67,313
down €67,313 (-98.9%), from €68,042 to €729
- Debts after one year +€58,582
new in 2026: €58,582
- Current portion of long-term debt +€15,891
new in 2026: €15,891
- Reserves +€14,000
new in 2026: €14,000
- Trade debts +€5,480
up €5,480 (+101%), from €5,431 to €10,911
- Gross operating margin -€79,229
down €79,229, from €39,150 to -€40,080
- Taxes -€6,575
down €6,575 (-97.4%), from €6,748 to €173
- Depreciation +€5,817
up €5,817 (+168%), from €3,456 to €9,273
- Other operating charges -€3,315
down €3,315 (-97.0%), from €3,416 to €101
- Financial charges +€2,124
up €2,124 (+90.4%), from €2,350 to €4,474
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 | €97,339 | €124,338 | +€26,999 | +27.7% |
| Fixed assets | 21/28 | €13,061 | €83,826 | +€70,765 | +542% |
| Tangible fixed assets | 22/27 | €13,061 | €79,376 | +€66,315 | +508% |
| Furniture and vehicles | 24 | €7,507 | €19,038 | +€11,531 | +154% |
| Other tangible fixed assets | 26 | €5,554 | €60,338 | +€54,784 | +986% |
| Financial fixed assets | 28 | - | €4,450 | +€4,450 | |
| Current assets | 29/58 | €84,278 | €40,512 | -€43,765 | -51.9% |
| Amounts receivable within one year | 40/41 | €55,044 | €40,345 | -€14,699 | -26.7% |
| Trade receivables | 40 | €26,136 | €25,581 | -€555 | -2.1% |
| Other amounts receivable | 41 | €28,908 | €14,764 | -€14,144 | -48.9% |
| Cash at bank and in hand | 54/58 | €29,234 | - | -€29,234 | |
| Deferred charges and accrued income | 490/1 | - | €167 | +€167 | |
| Total equity and liabilities | 10/49 | €97,339 | €124,338 | +€26,999 | +27.7% |
| Equity | 10/15 | €70,042 | €16,729 | -€53,313 | -76.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €14,000 | +€14,000 | |
| Distributable reserves | 133 | - | €14,000 | +€14,000 | |
| Profit (loss) carried forward | 14 | €68,042 | €729 | -€67,313 | -98.9% |
| Amounts payable | 17/49 | €27,297 | €107,609 | +€80,312 | +294% |
| Amounts payable after more than one year | 17 | - | €58,582 | +€58,582 | |
| Financial debts | 170/4 | - | €58,582 | +€58,582 | |
| Amounts payable within one year | 42/48 | €27,297 | €48,863 | +€21,566 | +79.0% |
| Current portion of amounts payable after more than one year | 42 | - | €15,891 | +€15,891 | |
| Financial debts | 43 | - | €1,205 | +€1,205 | |
| Credit institutions | 430/8 | - | €1,205 | +€1,205 | |
| Trade debts | 44 | €5,431 | €10,911 | +€5,480 | +101% |
| Suppliers | 440/4 | €5,431 | €10,911 | +€5,480 | +101% |
| Taxes, remuneration and social security | 45 | €21,866 | €19,106 | -€2,761 | -12.6% |
| Taxes | 450/3 | €21,866 | €18,506 | -€3,361 | -15.4% |
| Remuneration and social security | 454/9 | - | €600 | +€600 | |
| Other amounts payable | 47/48 | - | €1,750 | +€1,750 | |
| Accrued charges and deferred income | 492/3 | - | €164 | +€164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,456 | €9,273 | +€5,817 | +168% |
| Other operating charges | 640/8 | €3,416 | €101 | -€3,315 | -97.0% |
| Gross operating margin | 9900 | €39,150 | -€40,080 | -€79,229 | |
| Operating profit (loss) | 9901 | €32,278 | -€49,454 | -€81,732 | |
| Financial income | 75/76B | €737 | €788 | +€52 | +7.0% |
| Recurring financial income | 75 | €737 | €788 | +€52 | +7.0% |
| Financial charges | 65/66B | €2,350 | €4,474 | +€2,124 | +90.4% |
| Recurring financial charges | 65 | €2,350 | €4,474 | +€2,124 | +90.4% |
| Profit (loss) for the period before taxes | 9903 | €30,664 | -€53,139 | -€83,804 | |
| Income taxes | 67/77 | €6,748 | €173 | -€6,575 | -97.4% |
| Profit (loss) for the period | 9904 | €23,916 | -€53,313 | -€77,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,916 | -€53,313 | -€77,229 |
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 15 October 2026 via checked.be.