DB Management: what changed
Two fiscal 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 Management
Largest movements
- Tangible fixed assets -€24,998
down €24,998 (-71.5%), from €34,946 to €9,948
- Receivables within one year -€24,533
down €24,533 (-91.9%), from €26,705 to €2,172
of which Other amounts receivable: -€24,533
- Receivables after one year +€3,900
up €3,900 (+19.2%), from €20,300 to €24,200
- Profit (loss) carried forward -€197,451
new in 2025: -€197,451
- Provisions +€147,016
new in 2025: €147,016
- Trade debts +€5,660
up €5,660 (+67.8%), from €8,353 to €14,013
- Provisions +€147,016
new in 2025: €147,016
- Gross operating margin -€6,378
down €6,378 (-41.6%), from -€15,317 to -€21,695
- Other operating charges -€2,368
down €2,368 (-47.1%), from €5,028 to €2,660
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 | €85,141 | €40,301 | -€44,840 | -52.7% |
| Fixed assets | 21/28 | €34,946 | €9,948 | -€24,998 | -71.5% |
| Tangible fixed assets | 22/27 | €34,946 | €9,948 | -€24,998 | -71.5% |
| Furniture and vehicles | 24 | €34,946 | €9,948 | -€24,998 | -71.5% |
| Current assets | 29/58 | €50,195 | €30,352 | -€19,843 | -39.5% |
| Amounts receivable after more than one year | 29 | €20,300 | €24,200 | +€3,900 | +19.2% |
| Other amounts receivable | 291 | €20,300 | €24,200 | +€3,900 | +19.2% |
| Amounts receivable within one year | 40/41 | €26,705 | €2,172 | -€24,533 | -91.9% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €26,705 | €2,172 | -€24,533 | -91.9% |
| Cash at bank and in hand | 54/58 | €515 | €1,268 | +€753 | +146.2% |
| Deferred charges and accrued income | 490/1 | €2,675 | €2,712 | +€37 | +1.4% |
| Total equity and liabilities | 10/49 | €85,141 | €40,301 | -€44,840 | -52.7% |
| Equity | 10/15 | €76,038 | -€121,413 | -€197,451 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €56,038 | €56,038 | = | 0.0% |
| Distributable reserves | 133 | €56,038 | €56,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€197,451 | -€197,451 | |
| Provisions and deferred taxes | 16 | - | €147,016 | +€147,016 | |
| Provisions for liabilities and charges | 160/5 | - | €147,016 | +€147,016 | |
| Other liabilities and charges | 164/5 | - | €147,016 | +€147,016 | |
| Amounts payable | 17/49 | €9,102 | €14,697 | +€5,595 | +61.5% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €9,057 | €14,661 | +€5,604 | +61.9% |
| Trade debts | 44 | €8,353 | €14,013 | +€5,660 | +67.8% |
| Suppliers | 440/4 | €8,353 | €14,013 | +€5,660 | +67.8% |
| Taxes, remuneration and social security | 45 | €704 | €648 | -€56 | -7.9% |
| Taxes | 450/3 | €704 | €648 | -€56 | -7.9% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €45 | €36 | -€9 | -19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,998 | €24,998 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €147,016 | +€147,016 | |
| Other operating charges | 640/8 | €5,028 | €2,660 | -€2,368 | -47.1% |
| Gross operating margin | 9900 | -€15,317 | -€21,695 | -€6,378 | -41.6% |
| Operating profit (loss) | 9901 | -€45,342 | -€196,368 | -€151,026 | -333.1% |
| Financial charges | 65/66B | €477 | €435 | -€42 | -8.8% |
| Recurring financial charges | 65 | €477 | €435 | -€42 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€45,820 | -€196,803 | -€150,983 | -329.5% |
| Income taxes | 67/77 | €704 | €648 | -€56 | -7.9% |
| Profit (loss) for the period | 9904 | -€46,523 | -€197,451 | -€150,928 | -324.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,523 | -€197,451 | -€150,928 | -324.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.