DB-BRAND: 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-BRAND
Largest movements
- Receivables after one year -€52,500
down €52,500 (-47.3%), from €111,000 to €58,500
- Receivables within one year -€21,180
down €21,180 (-98.7%), from €21,451 to €271
of which Trade receivables: -€20,900
- Cash -€14,099
down €14,099 (-53.6%), from €26,281 to €12,182
mainly Net result for the year (-€81,389) and Investment in fixed assets (net) (-€8,322)
- Tangible fixed assets +€1,937
up €1,937 (+16.9%), from €11,436 to €13,373
of which Furniture and vehicles: +€2,737
- Profit (loss) carried forward -€81,389
down €81,389 (-50.7%), from €160,523 to €79,134
- Tax, wage and social debts -€5,522
no longer reported in 2025 (was €5,522)
- Trade debts +€2,115
new in 2025: €2,115
- Gross operating margin -€107,847
down €107,847, from €32,090 to -€75,757
- Taxes -€6,824
down €6,824 (-92.4%), from €7,386 to €562
- Depreciation +€2,308
up €2,308 (+56.6%), from €4,077 to €6,385
- Financial income +€2,021
new in 2025: €2,021
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 | €170,169 | €84,326 | -€85,843 | -50.4% |
| Fixed assets | 21/28 | €11,436 | €13,373 | +€1,937 | +16.9% |
| Tangible fixed assets | 22/27 | €11,436 | €13,373 | +€1,937 | +16.9% |
| Furniture and vehicles | 24 | €8,107 | €10,844 | +€2,737 | +33.8% |
| Other tangible fixed assets | 26 | €3,329 | €2,529 | -€800 | -24.0% |
| Current assets | 29/58 | €158,733 | €70,953 | -€87,779 | -55.3% |
| Amounts receivable after more than one year | 29 | €111,000 | €58,500 | -€52,500 | -47.3% |
| Other amounts receivable | 291 | €111,000 | €58,500 | -€52,500 | -47.3% |
| Amounts receivable within one year | 40/41 | €21,451 | €271 | -€21,180 | -98.7% |
| Trade receivables | 40 | €20,900 | - | -€20,900 | |
| Other amounts receivable | 41 | €551 | €271 | -€280 | -50.8% |
| Cash at bank and in hand | 54/58 | €26,281 | €12,182 | -€14,099 | -53.6% |
| Total equity and liabilities | 10/49 | €170,169 | €84,326 | -€85,843 | -50.4% |
| Equity | 10/15 | €162,523 | €81,134 | -€81,389 | -50.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,523 | €79,134 | -€81,389 | -50.7% |
| Amounts payable | 17/49 | €7,646 | €3,192 | -€4,453 | -58.2% |
| Amounts payable within one year | 42/48 | €7,646 | €3,192 | -€4,453 | -58.2% |
| Trade debts | 44 | - | €2,115 | +€2,115 | |
| Suppliers | 440/4 | - | €2,115 | +€2,115 | |
| Taxes, remuneration and social security | 45 | €5,522 | - | -€5,522 | |
| Taxes | 450/3 | €5,522 | - | -€5,522 | |
| Other amounts payable | 47/48 | €2,123 | €1,077 | -€1,046 | -49.3% |
| Non-recurring operating income | 76A | €3,798 | - | -€3,798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,077 | €6,385 | +€2,308 | +56.6% |
| Other operating charges | 640/8 | €471 | €575 | +€104 | +22.1% |
| Gross operating margin | 9900 | €32,090 | -€75,757 | -€107,847 | |
| Operating profit (loss) | 9901 | €27,543 | -€82,717 | -€110,259 | |
| Financial income | 75/76B | - | €2,021 | +€2,021 | |
| Recurring financial income | 75 | - | €2,021 | +€2,021 | |
| Financial charges | 65/66B | €125 | €131 | +€7 | +5.2% |
| Recurring financial charges | 65 | €125 | €131 | +€7 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €27,418 | -€80,827 | -€108,245 | |
| Income taxes | 67/77 | €7,386 | €562 | -€6,824 | -92.4% |
| Profit (loss) for the period | 9904 | €20,032 | -€81,389 | -€101,421 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,032 | -€81,389 | -€101,421 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.