DBAFFREY: 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.
DBAFFREY
Largest movements
- Financial fixed assets +€24,864
up €24,864 (+5.3%), from €472,223 to €497,087
- Cash -€8,414
down €8,414 (-18.7%), from €44,926 to €36,512
mainly Contributions, distributions and other (-€156,218) and Investment in fixed assets (net) (-€31,964)
- Other debts +€38,042
up €38,042 (+15.1%), from €251,515 to €289,556
- Profit (loss) carried forward -€27,137
down €27,137 (-98.4%), from €27,575 to €438
- Tax, wage and social debts +€23,388
up €23,388 (+3,316%), from €705 to €24,093
- Debts after one year -€20,972
down €20,972 (-8.6%), from €244,178 to €223,206
- Financial income -€28,780
down €28,780 (-23.2%), from €124,186 to €95,406
- Taxes -€828
down €828 (-5.8%), from €14,396 to €13,568
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 | €568,490 | €586,151 | +€17,662 | +3.1% |
| Formation expenses | 20 | €91 | - | -€91 | |
| Fixed assets | 21/28 | €482,648 | €510,353 | +€27,705 | +5.7% |
| Tangible fixed assets | 22/27 | €10,425 | €13,266 | +€2,841 | +27.3% |
| Furniture and vehicles | 24 | €7,724 | €11,465 | +€3,741 | +48.4% |
| Other tangible fixed assets | 26 | €2,701 | €1,800 | -€900 | -33.3% |
| Financial fixed assets | 28 | €472,223 | €497,087 | +€24,864 | +5.3% |
| Current assets | 29/58 | €85,750 | €75,798 | -€9,952 | -11.6% |
| Amounts receivable within one year | 40/41 | €40,825 | €39,286 | -€1,538 | -3.8% |
| Other amounts receivable | 41 | €40,825 | €39,286 | -€1,538 | -3.8% |
| Cash at bank and in hand | 54/58 | €44,926 | €36,512 | -€8,414 | -18.7% |
| Total equity and liabilities | 10/49 | €568,490 | €586,151 | +€17,662 | +3.1% |
| Equity | 10/15 | €32,575 | €5,438 | -€27,137 | -83.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,575 | €438 | -€27,137 | -98.4% |
| Amounts payable | 17/49 | €535,914 | €580,713 | +€44,799 | +8.4% |
| Amounts payable after more than one year | 17 | €244,178 | €223,206 | -€20,972 | -8.6% |
| Financial debts | 170/4 | €244,178 | €223,206 | -€20,972 | -8.6% |
| Amounts payable within one year | 42/48 | €291,736 | €357,507 | +€65,771 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €39,516 | €43,159 | +€3,644 | +9.2% |
| Trade debts | 44 | - | €698 | +€698 | |
| Suppliers | 440/4 | - | €698 | +€698 | |
| Taxes, remuneration and social security | 45 | €705 | €24,093 | +€23,388 | +3,316% |
| Taxes | 450/3 | €705 | €24,093 | +€23,388 | +3,316% |
| Other amounts payable | 47/48 | €251,515 | €289,556 | +€38,042 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,208 | €4,350 | +€142 | +3.4% |
| Other operating charges | 640/8 | €339 | €743 | +€405 | +120% |
| Gross operating margin | 9900 | €56,200 | €56,697 | +€497 | +0.9% |
| Operating profit (loss) | 9901 | €51,653 | €51,603 | -€50 | -0.1% |
| Financial income | 75/76B | €124,186 | €95,406 | -€28,780 | -23.2% |
| Recurring financial income | 75 | €124,186 | €95,406 | -€28,780 | -23.2% |
| Financial charges | 65/66B | €3,868 | €4,360 | +€492 | +12.7% |
| Recurring financial charges | 65 | €3,868 | €4,360 | +€492 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €171,971 | €142,649 | -€29,323 | -17.1% |
| Income taxes | 67/77 | €14,396 | €13,568 | -€828 | -5.8% |
| Profit (loss) for the period | 9904 | €157,575 | €129,081 | -€28,495 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €157,575 | €129,081 | -€28,495 | -18.1% |
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 16 October 2026 via checked.be.