DB-WX: 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-WX
Largest movements
- Current investments +€400,000
new in 2025: €400,000
- Receivables within one year -€333,286
down €333,286 (-91.3%), from €365,136 to €31,850
of which Trade receivables: -€332,058
- Cash -€70,323
down €70,323 (-18.1%), from €387,673 to €317,350
mainly Current investments (-€400,000) and Tax, wage and social debts (-€57,153)
- Deferred charges and accrued income -€10,696
down €10,696 (-93.3%), from €11,465 to €769
- Tax, wage and social debts -€57,153
down €57,153 (-65.8%), from €86,808 to €29,654
- Reserves +€44,525
up €44,525 (+6.6%), from €673,600 to €718,125
- Gross operating margin -€286,909
down €286,909 (-77.2%), from €371,660 to €84,751
- Taxes -€76,671
down €76,671 (-67.6%), from €113,387 to €36,716
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.
Derived cash bridge
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 | €772,751 | €763,351 | -€9,400 | -1.2% |
| Fixed assets | 21/28 | €8,478 | €13,382 | +€4,904 | +57.8% |
| Tangible fixed assets | 22/27 | €8,478 | €13,382 | +€4,904 | +57.8% |
| Plant, machinery and equipment | 23 | - | €7,987 | +€7,987 | |
| Furniture and vehicles | 24 | €8,478 | €5,395 | -€3,083 | -36.4% |
| Current assets | 29/58 | €764,274 | €749,969 | -€14,304 | -1.9% |
| Amounts receivable within one year | 40/41 | €365,136 | €31,850 | -€333,286 | -91.3% |
| Trade receivables | 40 | €354,307 | €22,249 | -€332,058 | -93.7% |
| Other amounts receivable | 41 | €10,829 | €9,601 | -€1,228 | -11.3% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €387,673 | €317,350 | -€70,323 | -18.1% |
| Deferred charges and accrued income | 490/1 | €11,465 | €769 | -€10,696 | -93.3% |
| Total equity and liabilities | 10/49 | €772,751 | €763,351 | -€9,400 | -1.2% |
| Equity | 10/15 | €676,724 | €721,250 | +€44,525 | +6.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €673,600 | €718,125 | +€44,525 | +6.6% |
| Distributable reserves | 133 | €673,600 | €718,125 | +€44,525 | +6.6% |
| Profit (loss) carried forward | 14 | €124 | €125 | +€0 | +0.4% |
| Amounts payable | 17/49 | €96,027 | €42,101 | -€53,926 | -56.2% |
| Amounts payable within one year | 42/48 | €96,027 | €42,101 | -€53,926 | -56.2% |
| Trade debts | 44 | €3,357 | €5,968 | +€2,611 | +77.8% |
| Suppliers | 440/4 | €3,357 | €5,968 | +€2,611 | +77.8% |
| Taxes, remuneration and social security | 45 | €86,808 | €29,654 | -€57,153 | -65.8% |
| Taxes | 450/3 | €86,808 | €29,654 | -€57,153 | -65.8% |
| Other amounts payable | 47/48 | €5,862 | €6,479 | +€617 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,083 | €3,096 | +€13 | +0.4% |
| Other operating charges | 640/8 | €241 | €145 | -€96 | -39.8% |
| Gross operating margin | 9900 | €371,660 | €84,751 | -€286,909 | -77.2% |
| Operating profit (loss) | 9901 | €368,337 | €81,511 | -€286,826 | -77.9% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €140 | €271 | +€130 | +93.1% |
| Recurring financial charges | 65 | €140 | €271 | +€130 | +93.1% |
| Profit (loss) for the period before taxes | 9903 | €368,197 | €81,242 | -€286,955 | -77.9% |
| Income taxes | 67/77 | €113,387 | €36,716 | -€76,671 | -67.6% |
| Profit (loss) for the period | 9904 | €254,809 | €44,525 | -€210,284 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €254,809 | €44,525 | -€210,284 | -82.5% |
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 24 October 2026 via checked.be.