DB NETWORKS: 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 NETWORKS
Largest movements
- Cash +€25,079
up €25,079 (+36.5%), from €68,738 to €93,817
mainly Net result for the year (+€29,349) and Depreciation (+€4,474)
- Receivables within one year +€3,162
up €3,162 (+9.9%), from €31,854 to €35,016
of which Trade receivables: +€3,230
- Tangible fixed assets +€2,647
up €2,647 (+33.4%), from €7,917 to €10,564
of which Other tangible fixed assets: +€3,189
- Reserves +€29,349
up €29,349 (+29.6%), from €99,241 to €128,590
- Trade debts +€2,105
up €2,105 (+65.1%), from €3,232 to €5,337
- Depreciation +€1,846
up €1,846 (+70.2%), from €2,628 to €4,474
- Gross operating margin +€1,719
up €1,719 (+3.7%), from €46,148 to €47,866
- Taxes +€949
up €949 (+9.9%), from €9,534 to €10,482
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 | €112,642 | €143,593 | +€30,950 | +27.5% |
| Fixed assets | 21/28 | €7,917 | €10,564 | +€2,647 | +33.4% |
| Tangible fixed assets | 22/27 | €7,917 | €10,564 | +€2,647 | +33.4% |
| Furniture and vehicles | 24 | €4,466 | €3,924 | -€542 | -12.1% |
| Other tangible fixed assets | 26 | €3,451 | €6,640 | +€3,189 | +92.4% |
| Current assets | 29/58 | €104,725 | €133,029 | +€28,303 | +27.0% |
| Amounts receivable within one year | 40/41 | €31,854 | €35,016 | +€3,162 | +9.9% |
| Trade receivables | 40 | €30,301 | €33,532 | +€3,230 | +10.7% |
| Other amounts receivable | 41 | €1,553 | €1,484 | -€69 | -4.4% |
| Cash at bank and in hand | 54/58 | €68,738 | €93,817 | +€25,079 | +36.5% |
| Deferred charges and accrued income | 490/1 | €4,133 | €4,196 | +€63 | +1.5% |
| Total equity and liabilities | 10/49 | €112,642 | €143,593 | +€30,950 | +27.5% |
| Equity | 10/15 | €101,241 | €130,590 | +€29,349 | +29.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €99,241 | €128,590 | +€29,349 | +29.6% |
| Distributable reserves | 133 | €99,241 | €128,590 | +€29,349 | +29.6% |
| Amounts payable | 17/49 | €11,401 | €13,003 | +€1,601 | +14.0% |
| Amounts payable within one year | 42/48 | €11,309 | €13,003 | +€1,694 | +15.0% |
| Trade debts | 44 | €3,232 | €5,337 | +€2,105 | +65.1% |
| Suppliers | 440/4 | €3,232 | €5,337 | +€2,105 | +65.1% |
| Taxes, remuneration and social security | 45 | €7,327 | €6,854 | -€472 | -6.4% |
| Taxes | 450/3 | €7,327 | €6,854 | -€472 | -6.4% |
| Other amounts payable | 47/48 | €750 | €812 | +€62 | +8.2% |
| Accrued charges and deferred income | 492/3 | €93 | €0 | -€93 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,628 | €4,474 | +€1,846 | +70.2% |
| Other operating charges | 640/8 | €757 | €844 | +€86 | +11.4% |
| Gross operating margin | 9900 | €46,148 | €47,866 | +€1,719 | +3.7% |
| Operating profit (loss) | 9901 | €42,762 | €42,549 | -€214 | -0.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +300.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +300.0% |
| Financial charges | 65/66B | €2,565 | €2,717 | +€152 | +5.9% |
| Recurring financial charges | 65 | €2,565 | €2,717 | +€152 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €40,197 | €39,831 | -€366 | -0.9% |
| Income taxes | 67/77 | €9,534 | €10,482 | +€949 | +9.9% |
| Profit (loss) for the period | 9904 | €30,663 | €29,349 | -€1,314 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,663 | €29,349 | -€1,314 | -4.3% |
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 6 October 2026 via checked.be.