DB paints: 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 paints
Largest movements
- Current investments +€70,000
new in 2025: €70,000
- Cash -€62,489
down €62,489 (-64.2%), from €97,282 to €34,793
mainly Contributions, distributions and other (-€111,100) and Current investments (-€70,000)
- Tangible fixed assets +€35,183
up €35,183 (+136.2%), from €25,838 to €61,021
of which Furniture and vehicles: +€30,323
- Receivables within one year +€16,083
up €16,083 (+1261.3%), from €1,275 to €17,358
of which Trade receivables: +€8,321
- Receivables after one year +€10,000
up €10,000 (+14.3%), from €70,000 to €80,000
- Other debts +€107,448
up €107,448 (+585.9%), from €18,338 to €125,786
- Reserves -€76,000
down €76,000 (-60.3%), from €126,000 to €50,000
- Debts after one year +€32,437
up €32,437 (+1807.0%), from €1,795 to €34,232
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Trade debts -€6,838
down €6,838 (-67.9%), from €10,072 to €3,234
- Gross operating margin +€9,635
up €9,635 (+7.6%), from €127,201 to €136,836
- Staff costs +€2,218
up €2,218 (+4.0%), from €55,720 to €57,938
- Taxes -€1,684
down €1,684 (-10.3%), from €16,408 to €14,724
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 | €197,845 | €266,122 | +€68,277 | +34.5% |
| Fixed assets | 21/28 | €25,838 | €61,021 | +€35,183 | +136.2% |
| Tangible fixed assets | 22/27 | €25,838 | €61,021 | +€35,183 | +136.2% |
| Plant, machinery and equipment | 23 | €5,485 | €4,315 | -€1,171 | -21.3% |
| Furniture and vehicles | 24 | €13,954 | €44,278 | +€30,323 | +217.3% |
| Other tangible fixed assets | 26 | €6,398 | €12,428 | +€6,030 | +94.2% |
| Current assets | 29/58 | €172,007 | €205,102 | +€33,095 | +19.2% |
| Amounts receivable after more than one year | 29 | €70,000 | €80,000 | +€10,000 | +14.3% |
| Other amounts receivable | 291 | €70,000 | €80,000 | +€10,000 | +14.3% |
| Stocks and contracts in progress | 3 | €2,000 | €1,250 | -€750 | -37.5% |
| Stocks | 30/36 | €2,000 | €1,250 | -€750 | -37.5% |
| Amounts receivable within one year | 40/41 | €1,275 | €17,358 | +€16,083 | +1261.3% |
| Trade receivables | 40 | €1,266 | €9,588 | +€8,321 | +657.1% |
| Other amounts receivable | 41 | €9 | €7,771 | +€7,762 | +89012.8% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €97,282 | €34,793 | -€62,489 | -64.2% |
| Deferred charges and accrued income | 490/1 | €1,449 | €1,700 | +€251 | +17.3% |
| Total equity and liabilities | 10/49 | €197,845 | €266,122 | +€68,277 | +34.5% |
| Equity | 10/15 | €135,197 | €68,839 | -€66,357 | -49.1% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €126,000 | €50,000 | -€76,000 | -60.3% |
| Distributable reserves | 133 | €126,000 | €50,000 | -€76,000 | -60.3% |
| Profit (loss) carried forward | 14 | €2,997 | €239 | -€2,757 | -92.0% |
| Amounts payable | 17/49 | €62,648 | €197,283 | +€134,635 | +214.9% |
| Amounts payable after more than one year | 17 | €1,795 | €34,232 | +€32,437 | +1807.0% |
| Financial debts | 170/4 | €1,795 | €34,232 | +€32,437 | +1807.0% |
| Amounts payable within one year | 42/48 | €60,853 | €162,382 | +€101,529 | +166.8% |
| Current portion of amounts payable after more than one year | 42 | €11,910 | €9,899 | -€2,011 | -16.9% |
| Financial debts | 43 | €10,000 | €12,000 | +€2,000 | +20.0% |
| Credit institutions | 430/8 | €10,000 | €12,000 | +€2,000 | +20.0% |
| Trade debts | 44 | €10,072 | €3,234 | -€6,838 | -67.9% |
| Suppliers | 440/4 | €10,072 | €3,234 | -€6,838 | -67.9% |
| Taxes, remuneration and social security | 45 | €10,534 | €11,464 | +€930 | +8.8% |
| Taxes | 450/3 | €10,534 | €10,048 | -€486 | -4.6% |
| Remuneration and social security | 454/9 | - | €1,416 | +€1,416 | |
| Other amounts payable | 47/48 | €18,338 | €125,786 | +€107,448 | +585.9% |
| Accrued charges and deferred income | 492/3 | - | €668 | +€668 | |
| Remuneration, social security and pensions | 62 | €55,720 | €57,938 | +€2,218 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,559 | €18,645 | +€85 | +0.5% |
| Other operating charges | 640/8 | €2,103 | €2,506 | +€403 | +19.2% |
| Gross operating margin | 9900 | €127,201 | €136,836 | +€9,635 | +7.6% |
| Operating profit (loss) | 9901 | €50,819 | €57,747 | +€6,928 | +13.6% |
| Financial income | 75/76B | €1,949 | €2,532 | +€584 | +30.0% |
| Recurring financial income | 75 | €1,949 | €2,532 | +€584 | +30.0% |
| Financial charges | 65/66B | €582 | €813 | +€231 | +39.8% |
| Recurring financial charges | 65 | €582 | €813 | +€231 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €52,186 | €59,466 | +€7,281 | +14.0% |
| Income taxes | 67/77 | €16,408 | €14,724 | -€1,684 | -10.3% |
| Profit (loss) for the period | 9904 | €35,777 | €44,743 | +€8,965 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,777 | €44,743 | +€8,965 | +25.1% |
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 11 October 2026 via checked.be.