DB Fourage: 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 Fourage
Largest movements
- Receivables within one year -€121,771
down €121,771 (-6.5%), from €1.9m to €1.8m
of which Trade receivables: -€190,287
- Tangible fixed assets -€75,572
down €75,572 (-1.7%), from €4.4m to €4.3m
of which Plant, machinery and equipment: -€129,221
- Current investments -€71,981
no longer reported in 2025 (was €71,981)
- Trade debts -€494,688
down €494,688 (-28.3%), from €1.7m to €1.3m
- Reserves +€341,619
up €341,619 (+10.8%), from €3.2m to €3.5m
- Debts after one year -€248,803
down €248,803 (-19.5%), from €1.3m to €1.0m
- Other debts +€121,358
up €121,358 (+39.9%), from €303,828 to €425,186
- Gross operating margin +€225,705
up €225,705 (+9.8%), from €2.3m to €2.5m
- Staff costs +€56,555
up €56,555 (+6.4%), from €885,260 to €941,814
- Depreciation +€53,355
up €53,355 (+6.6%), from €803,123 to €856,478
- Financial charges -€40,820
down €40,820 (-59.8%), from €68,256 to €27,436
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.
Cash bridge derived
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 | €7,076,682 | €6,845,677 | -€231,005 | -3.3% |
| Fixed assets | 21/28 | €4,370,050 | €4,294,478 | -€75,572 | -1.7% |
| Tangible fixed assets | 22/27 | €4,369,032 | €4,293,460 | -€75,572 | -1.7% |
| Land and buildings | 22 | €1,409,481 | €1,340,626 | -€68,855 | -4.9% |
| Plant, machinery and equipment | 23 | €2,099,488 | €1,970,267 | -€129,221 | -6.2% |
| Furniture and vehicles | 24 | €860,063 | €982,567 | +€122,503 | +14.2% |
| Financial fixed assets | 28 | €1,018 | €1,018 | = | 0.0% |
| Current assets | 29/58 | €2,706,631 | €2,551,199 | -€155,433 | -5.7% |
| Stocks and contracts in progress | 3 | €561,199 | €535,705 | -€25,494 | -4.5% |
| Stocks | 30/36 | €561,199 | €535,705 | -€25,494 | -4.5% |
| Amounts receivable within one year | 40/41 | €1,873,238 | €1,751,467 | -€121,771 | -6.5% |
| Trade receivables | 40 | €1,321,165 | €1,130,878 | -€190,287 | -14.4% |
| Other amounts receivable | 41 | €552,073 | €620,589 | +€68,517 | +12.4% |
| Current investments | 50/53 | €71,981 | - | -€71,981 | |
| Cash at bank and in hand | 54/58 | €189,011 | €257,407 | +€68,396 | +36.2% |
| Deferred charges and accrued income | 490/1 | €11,202 | €6,619 | -€4,583 | -40.9% |
| Total equity and liabilities | 10/49 | €7,076,682 | €6,845,677 | -€231,005 | -3.3% |
| Equity | 10/15 | €3,268,337 | €3,609,955 | +€341,619 | +10.5% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €3,158,337 | €3,499,955 | +€341,619 | +10.8% |
| Distributable reserves | 133 | €3,158,337 | €3,499,955 | +€341,619 | +10.8% |
| Amounts payable | 17/49 | €3,808,345 | €3,235,722 | -€572,623 | -15.0% |
| Amounts payable after more than one year | 17 | €1,274,057 | €1,025,254 | -€248,803 | -19.5% |
| Financial debts | 170/4 | €1,274,057 | €1,025,254 | -€248,803 | -19.5% |
| Amounts payable within one year | 42/48 | €2,532,924 | €2,209,208 | -€323,716 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €333,804 | €373,803 | +€40,000 | +12.0% |
| Trade debts | 44 | €1,747,396 | €1,252,708 | -€494,688 | -28.3% |
| Suppliers | 440/4 | €1,747,396 | €1,252,708 | -€494,688 | -28.3% |
| Taxes, remuneration and social security | 45 | €147,897 | €157,511 | +€9,615 | +6.5% |
| Taxes | 450/3 | €28,469 | €27,490 | -€978 | -3.4% |
| Remuneration and social security | 454/9 | €119,428 | €130,021 | +€10,593 | +8.9% |
| Other amounts payable | 47/48 | €303,828 | €425,186 | +€121,358 | +39.9% |
| Accrued charges and deferred income | 492/3 | €1,364 | €1,260 | -€105 | -7.7% |
| Remuneration, social security and pensions | 62 | €885,260 | €941,814 | +€56,555 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €803,123 | €856,478 | +€53,355 | +6.6% |
| Other operating charges | 640/8 | €40,206 | €58,266 | +€18,060 | +44.9% |
| Gross operating margin | 9900 | €2,292,099 | €2,517,804 | +€225,705 | +9.8% |
| Operating profit (loss) | 9901 | €563,511 | €661,246 | +€97,735 | +17.3% |
| Financial income | 75/76B | €17,754 | €7,321 | -€10,433 | -58.8% |
| Recurring financial income | 75 | €17,754 | €7,321 | -€10,433 | -58.8% |
| Financial charges | 65/66B | €68,256 | €27,436 | -€40,820 | -59.8% |
| Recurring financial charges | 65 | €68,256 | €27,436 | -€40,820 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | €513,009 | €641,131 | +€128,122 | +25.0% |
| Income taxes | 67/77 | €105,445 | €99,512 | -€5,933 | -5.6% |
| Profit (loss) for the period | 9904 | €407,564 | €541,619 | +€134,055 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €407,564 | €541,619 | +€134,055 | +32.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.