DBE-Projects: 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.
DBE-Projects
Largest movements
- Receivables within one year -€150,846
down €150,846 (-59.6%), from €253,262 to €102,417
of which Other amounts receivable: -€144,858
- Tangible fixed assets +€38,637
up €38,637 (+330.5%), from €11,691 to €50,329
of which Leasing and similar rights: +€39,133
- Cash +€5,335
up €5,335, from €0 to €5,335
mainly Receivables within one year (+€150,846) and Debts after one year (+€31,682)
- Profit (loss) carried forward -€97,644
new in 2025: -€97,644
- Debts after one year +€31,682
up €31,682 (+398.8%), from €7,944 to €39,626
- Trade debts -€25,359
down €25,359 (-81.9%), from €30,972 to €5,613
- Tax, wage and social debts -€18,467
down €18,467 (-65.5%), from €28,189 to €9,722
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Financial charges +€141,700
up €141,700 (+3728.3%), from €3,801 to €145,501
- Gross operating margin +€34,645
up €34,645 (+165.4%), from €20,941 to €55,586
- Taxes -€6,563
down €6,563 (-95.9%), from €6,846 to €283
- Financial income -€2,839
down €2,839 (-30.0%), from €9,452 to €6,613
- Other operating charges +€1,405
up €1,405 (+55.3%), from €2,539 to €3,944
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 | €266,560 | €159,326 | -€107,234 | -40.2% |
| Fixed assets | 21/28 | €11,691 | €50,329 | +€38,637 | +330.5% |
| Tangible fixed assets | 22/27 | €11,691 | €50,329 | +€38,637 | +330.5% |
| Furniture and vehicles | 24 | €900 | €404 | -€496 | -55.1% |
| Leasing and similar rights | 25 | €10,791 | €49,925 | +€39,133 | +362.6% |
| Current assets | 29/58 | €254,868 | €108,997 | -€145,871 | -57.2% |
| Amounts receivable within one year | 40/41 | €253,262 | €102,417 | -€150,846 | -59.6% |
| Trade receivables | 40 | €42,320 | €36,332 | -€5,988 | -14.1% |
| Other amounts receivable | 41 | €210,942 | €66,084 | -€144,858 | -68.7% |
| Cash at bank and in hand | 54/58 | €0 | €5,335 | +€5,335 | |
| Deferred charges and accrued income | 490/1 | €1,606 | €1,245 | -€361 | -22.5% |
| Total equity and liabilities | 10/49 | €266,560 | €159,326 | -€107,234 | -40.2% |
| Equity | 10/15 | €174,614 | €89,370 | -€85,244 | -48.8% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €168,414 | €168,414 | = | 0.0% |
| Distributable reserves | 133 | €168,414 | €168,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€97,644 | -€97,644 | |
| Amounts payable | 17/49 | €91,946 | €69,956 | -€21,990 | -23.9% |
| Amounts payable after more than one year | 17 | €7,944 | €39,626 | +€31,682 | +398.8% |
| Financial debts | 170/4 | €7,944 | €39,626 | +€31,682 | +398.8% |
| Amounts payable within one year | 42/48 | €83,947 | €30,328 | -€53,618 | -63.9% |
| Current portion of amounts payable after more than one year | 42 | €12,795 | €14,994 | +€2,199 | +17.2% |
| Financial debts | 43 | €17 | €0 | -€17 | -100.0% |
| Credit institutions | 430/8 | €17 | €0 | -€17 | -100.0% |
| Trade debts | 44 | €30,972 | €5,613 | -€25,359 | -81.9% |
| Suppliers | 440/4 | €30,972 | €5,613 | -€25,359 | -81.9% |
| Taxes, remuneration and social security | 45 | €28,189 | €9,722 | -€18,467 | -65.5% |
| Taxes | 450/3 | €28,189 | €9,722 | -€18,467 | -65.5% |
| Other amounts payable | 47/48 | €11,975 | €0 | -€11,975 | -100.0% |
| Accrued charges and deferred income | 492/3 | €55 | €1 | -€54 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,915 | €10,115 | +€200 | +2.0% |
| Other operating charges | 640/8 | €2,539 | €3,944 | +€1,405 | +55.3% |
| Gross operating margin | 9900 | €20,941 | €55,586 | +€34,645 | +165.4% |
| Operating profit (loss) | 9901 | €8,487 | €41,527 | +€33,040 | +389.3% |
| Financial income | 75/76B | €9,452 | €6,613 | -€2,839 | -30.0% |
| Recurring financial income | 75 | €9,452 | €6,613 | -€2,839 | -30.0% |
| Financial charges | 65/66B | €3,801 | €145,501 | +€141,700 | +3728.3% |
| Recurring financial charges | 65 | €3,801 | €145,501 | +€141,700 | +3728.3% |
| Profit (loss) for the period before taxes | 9903 | €14,138 | -€97,361 | -€111,499 | |
| Income taxes | 67/77 | €6,846 | €283 | -€6,563 | -95.9% |
| Profit (loss) for the period | 9904 | €7,293 | -€97,644 | -€104,937 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,293 | -€97,644 | -€104,937 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.