DB - Enterprises: 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 - Enterprises
Largest movements
- Tangible fixed assets -€18,400
down €18,400 (-3.4%), from €544,621 to €526,221
of which Land and buildings: -€15,294
- Debts after one year -€16,061
down €16,061 (-4.1%), from €388,745 to €372,684
of which Financial debts: -€16,061
- Other debts +€10,866
up €10,866 (+9.7%), from €112,128 to €122,994
- Gross operating margin +€16,242
up €16,242 (+1,011%), from €1,606 to €17,848
- Other operating charges -€9,184
down €9,184 (-94.1%), from €9,756 to €572
- Depreciation -€5,292
down €5,292 (-22.2%), from €23,804 to €18,512
- Financial charges -€2,007
down €2,007 (-57.2%), from €3,508 to €1,501
- Taxes +€434
up €434 (+19.2%), from €2,262 to €2,696
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 | €544,846 | €533,572 | -€11,274 | -2.1% |
| Fixed assets | 21/28 | €544,621 | €526,221 | -€18,400 | -3.4% |
| Tangible fixed assets | 22/27 | €544,621 | €526,221 | -€18,400 | -3.4% |
| Land and buildings | 22 | €536,673 | €521,379 | -€15,294 | -2.8% |
| Plant, machinery and equipment | 23 | €3,946 | €3,573 | -€373 | -9.5% |
| Furniture and vehicles | 24 | €4,002 | €1,269 | -€2,733 | -68.3% |
| Current assets | 29/58 | €225 | €7,351 | +€7,126 | +3,167% |
| Amounts receivable after more than one year | 29 | €225 | - | -€225 | |
| Other amounts receivable | 291 | €225 | - | -€225 | |
| Cash at bank and in hand | 54/58 | - | €4,002 | +€4,002 | |
| Deferred charges and accrued income | 490/1 | - | €3,349 | +€3,349 | |
| Total equity and liabilities | 10/49 | €544,846 | €533,572 | -€11,274 | -2.1% |
| Equity | 10/15 | €27,012 | €21,622 | -€5,390 | -20.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €353,137 | €353,137 | = | 0.0% |
| Reserves | 13 | €112,368 | €112,368 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €106,168 | €106,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€500,493 | -€505,883 | -€5,390 | -1.1% |
| Amounts payable | 17/49 | €517,834 | €511,950 | -€5,884 | -1.1% |
| Amounts payable after more than one year | 17 | €388,745 | €372,684 | -€16,061 | -4.1% |
| Financial debts | 170/4 | €359,764 | €343,703 | -€16,061 | -4.5% |
| Other amounts payable | 178/9 | €28,981 | €28,981 | = | 0.0% |
| Amounts payable within one year | 42/48 | €127,691 | €137,868 | +€10,177 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €12,140 | €12,355 | +€215 | +1.8% |
| Trade debts | 44 | €3,423 | €1,858 | -€1,565 | -45.7% |
| Suppliers | 440/4 | €3,423 | €1,858 | -€1,565 | -45.7% |
| Taxes, remuneration and social security | 45 | - | €661 | +€661 | |
| Taxes | 450/3 | - | €661 | +€661 | |
| Other amounts payable | 47/48 | €112,128 | €122,994 | +€10,866 | +9.7% |
| Accrued charges and deferred income | 492/3 | €1,398 | €1,398 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,804 | €18,512 | -€5,292 | -22.2% |
| Other operating charges | 640/8 | €9,756 | €572 | -€9,184 | -94.1% |
| Gross operating margin | 9900 | €1,606 | €17,848 | +€16,242 | +1,011% |
| Operating profit (loss) | 9901 | -€31,954 | -€1,236 | +€30,718 | +96.1% |
| Financial charges | 65/66B | €3,508 | €1,501 | -€2,007 | -57.2% |
| Recurring financial charges | 65 | €3,508 | €1,501 | -€2,007 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,462 | -€2,737 | +€32,725 | +92.3% |
| Income taxes | 67/77 | €2,262 | €2,696 | +€434 | +19.2% |
| Profit (loss) for the period | 9904 | -€37,724 | -€5,433 | +€32,291 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,724 | -€5,433 | +€32,291 | +85.6% |
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 27 October 2026 via checked.be.