DB Welding: 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 Welding
Largest movements
- Tangible fixed assets -€86
no longer reported in 2025 (was €86)
- Profit (loss) carried forward -€16,527
down €16,527 (-3.4%), from -€486,456 to -€502,983
- Other debts +€15,772
up €15,772 (+3.9%), from €409,264 to €425,036
- Trade debts +€678
new in 2025: €678
- Financial charges -€40,597
down €40,597 (-65.3%), from €62,181 to €21,584
- Gross operating margin +€5,287
new in 2025: €5,287
- Other operating charges +€144
new in 2025: €144
- Depreciation +€86
new in 2025: €86
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,082 | €5,005 | -€77 | -1.5% |
| Fixed assets | 21/28 | €4,851 | €4,765 | -€86 | -1.8% |
| Tangible fixed assets | 22/27 | €86 | - | -€86 | |
| Plant, machinery and equipment | 23 | €86 | - | -€86 | |
| Financial fixed assets | 28 | €4,765 | €4,765 | = | 0.0% |
| Current assets | 29/58 | €231 | €240 | +€9 | +3.9% |
| Amounts receivable within one year | 40/41 | €231 | €240 | +€9 | +3.9% |
| Other amounts receivable | 41 | €231 | €240 | +€9 | +3.9% |
| Total equity and liabilities | 10/49 | €5,082 | €5,005 | -€77 | -1.5% |
| Equity | 10/15 | -€440,417 | -€456,944 | -€16,527 | -3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,839 | €39,839 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,979 | €37,979 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€486,456 | -€502,983 | -€16,527 | -3.4% |
| Amounts payable | 17/49 | €445,499 | €461,949 | +€16,450 | +3.7% |
| Amounts payable within one year | 42/48 | €445,499 | €461,949 | +€16,450 | +3.7% |
| Financial debts | 43 | €35,629 | €35,629 | = | 0.0% |
| Credit institutions | 430/8 | €35,629 | €35,629 | = | 0.0% |
| Trade debts | 44 | - | €678 | +€678 | |
| Suppliers | 440/4 | - | €678 | +€678 | |
| Taxes, remuneration and social security | 45 | €606 | €606 | = | 0.0% |
| Taxes | 450/3 | €606 | €606 | = | 0.0% |
| Other amounts payable | 47/48 | €409,264 | €425,036 | +€15,772 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €86 | +€86 | |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | - | €5,287 | +€5,287 | |
| Operating profit (loss) | 9901 | - | €5,057 | +€5,057 | |
| Financial charges | 65/66B | €62,181 | €21,584 | -€40,597 | -65.3% |
| Recurring financial charges | 65 | €62,181 | €21,584 | -€40,597 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | -€62,181 | -€16,527 | +€45,654 | +73.4% |
| Profit (loss) for the period | 9904 | -€62,181 | -€16,527 | +€45,654 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,181 | -€16,527 | +€45,654 | +73.4% |
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 9 October 2026 via checked.be.