DB TRAINING SERVICES: 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 TRAINING SERVICES
Largest movements
- Cash +€142,829
up €142,829 (+80.6%), from €177,137 to €319,966
mainly Current investments (+€100,000) and Receivables within one year (+€68,308)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Receivables within one year -€68,308
down €68,308 (-59.4%), from €114,920 to €46,612
of which Trade receivables: -€63,800
- Tangible fixed assets -€10,667
down €10,667 (-25.0%), from €42,742 to €32,075
- Trade debts -€21,474
down €21,474 (-58.0%), from €37,042 to €15,568
- Reserves -€11,685
down €11,685 (-4.2%), from €279,081 to €267,396
- Tax, wage and social debts -€8,417
down €8,417 (-25.7%), from €32,748 to €24,331
- Other debts +€4,654
up €4,654 (+7.1%), from €65,148 to €69,801
- Gross operating margin -€15,577
down €15,577 (-18.0%), from €86,314 to €70,736
- Taxes -€4,585
down €4,585 (-22.5%), from €20,416 to €15,831
- Financial income -€1,316
down €1,316 (-35.2%), from €3,737 to €2,422
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 | €439,690 | €402,593 | -€37,098 | -8.4% |
| Fixed assets | 21/28 | €42,782 | €32,115 | -€10,667 | -24.9% |
| Tangible fixed assets | 22/27 | €42,742 | €32,075 | -€10,667 | -25.0% |
| Furniture and vehicles | 24 | €42,742 | €32,075 | -€10,667 | -25.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €396,908 | €370,478 | -€26,431 | -6.7% |
| Amounts receivable within one year | 40/41 | €114,920 | €46,612 | -€68,308 | -59.4% |
| Trade receivables | 40 | €110,411 | €46,612 | -€63,800 | -57.8% |
| Other amounts receivable | 41 | €4,509 | €0 | -€4,509 | -100.0% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €177,137 | €319,966 | +€142,829 | +80.6% |
| Deferred charges and accrued income | 490/1 | €4,851 | €3,900 | -€951 | -19.6% |
| Total equity and liabilities | 10/49 | €439,690 | €402,593 | -€37,098 | -8.4% |
| Equity | 10/15 | €299,081 | €287,396 | -€11,685 | -3.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €279,081 | €267,396 | -€11,685 | -4.2% |
| Distributable reserves | 133 | €279,081 | €267,396 | -€11,685 | -4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €140,609 | €115,196 | -€25,413 | -18.1% |
| Amounts payable within one year | 42/48 | €135,119 | €109,881 | -€25,238 | -18.7% |
| Trade debts | 44 | €37,042 | €15,568 | -€21,474 | -58.0% |
| Suppliers | 440/4 | €37,042 | €15,568 | -€21,474 | -58.0% |
| Advances received on contracts in progress | 46 | €182 | €182 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €32,748 | €24,331 | -€8,417 | -25.7% |
| Taxes | 450/3 | €32,748 | €24,331 | -€8,417 | -25.7% |
| Other amounts payable | 47/48 | €65,148 | €69,801 | +€4,654 | +7.1% |
| Accrued charges and deferred income | 492/3 | €5,490 | €5,315 | -€175 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,117 | €10,667 | +€550 | +5.4% |
| Other operating charges | 640/8 | €1,301 | €934 | -€367 | -28.2% |
| Gross operating margin | 9900 | €86,314 | €70,736 | -€15,577 | -18.0% |
| Operating profit (loss) | 9901 | €74,895 | €59,135 | -€15,760 | -21.0% |
| Financial income | 75/76B | €3,737 | €2,422 | -€1,316 | -35.2% |
| Recurring financial income | 75 | €3,737 | €2,422 | -€1,316 | -35.2% |
| Financial charges | 65/66B | €5,025 | €4,779 | -€246 | -4.9% |
| Recurring financial charges | 65 | €5,025 | €4,779 | -€246 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €73,608 | €56,778 | -€16,830 | -22.9% |
| Income taxes | 67/77 | €20,416 | €15,831 | -€4,585 | -22.5% |
| Profit (loss) for the period | 9904 | €53,191 | €40,946 | -€12,245 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,191 | €40,946 | -€12,245 | -23.0% |
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.