DB-X: 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-X
Largest movements
- Cash -€12,185
down €12,185 (-4.7%), from €260,125 to €247,940
mainly Net result for the year (-€10,277) and Investment in fixed assets (net) (-€3,361)
- Profit (loss) carried forward -€10,277
down €10,277 (-4.0%), from €255,694 to €245,417
- Gross operating margin -€35,449
down €35,449, from €27,082 to -€8,366
- Taxes -€5,455
down €5,455 (-97.2%), from €5,613 to €158
- Depreciation -€557
down €557 (-41.0%), from €1,357 to €800
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 | €263,937 | €251,932 | -€12,005 | -4.5% |
| Fixed assets | 21/28 | €255 | €2,816 | +€2,561 | +1,006% |
| Tangible fixed assets | 22/27 | €255 | €2,816 | +€2,561 | +1,006% |
| Plant, machinery and equipment | 23 | €197 | €2,816 | +€2,619 | +1,332% |
| Furniture and vehicles | 24 | €58 | - | -€58 | |
| Current assets | 29/58 | €263,682 | €249,116 | -€14,566 | -5.5% |
| Amounts receivable within one year | 40/41 | €2,890 | €489 | -€2,401 | -83.1% |
| Other amounts receivable | 41 | €2,890 | €489 | -€2,401 | -83.1% |
| Cash at bank and in hand | 54/58 | €260,125 | €247,940 | -€12,185 | -4.7% |
| Deferred charges and accrued income | 490/1 | €667 | €687 | +€19 | +2.9% |
| Total equity and liabilities | 10/49 | €263,937 | €251,932 | -€12,005 | -4.5% |
| Equity | 10/15 | €260,694 | €250,417 | -€10,277 | -3.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,694 | €245,417 | -€10,277 | -4.0% |
| Amounts payable | 17/49 | €3,243 | €1,515 | -€1,728 | -53.3% |
| Amounts payable within one year | 42/48 | €2,628 | €1,515 | -€1,113 | -42.4% |
| Financial debts | 43 | €1,020 | €53 | -€967 | -94.8% |
| Credit institutions | 430/8 | €1,020 | €53 | -€967 | -94.8% |
| Trade debts | 44 | €1,608 | €653 | -€955 | -59.4% |
| Suppliers | 440/4 | €1,608 | €653 | -€955 | -59.4% |
| Taxes, remuneration and social security | 45 | - | €158 | +€158 | |
| Taxes | 450/3 | - | €158 | +€158 | |
| Other amounts payable | 47/48 | - | €650 | +€650 | |
| Accrued charges and deferred income | 492/3 | €615 | - | -€615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,357 | €800 | -€557 | -41.0% |
| Other operating charges | 640/8 | €919 | €875 | -€44 | -4.8% |
| Gross operating margin | 9900 | €27,082 | -€8,366 | -€35,449 | |
| Operating profit (loss) | 9901 | €24,807 | -€10,041 | -€34,848 | |
| Financial charges | 65/66B | €115 | €78 | -€37 | -32.4% |
| Recurring financial charges | 65 | €115 | €78 | -€37 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €24,692 | -€10,119 | -€34,811 | |
| Income taxes | 67/77 | €5,613 | €158 | -€5,455 | -97.2% |
| Profit (loss) for the period | 9904 | €19,079 | -€10,277 | -€29,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,079 | -€10,277 | -€29,356 |
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 28 October 2026 via checked.be.