DBexco: what changed
Two fiscal 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.
DBexco
Largest movements
- Cash +€15,416
up €15,416 (+52.9%), from €29,142 to €44,558
mainly Net result for the year (+€21,121) and Other debts (+€18,750)
- Receivables within one year +€7,128
up €7,128 (+42.1%), from €16,929 to €24,057
of which Other amounts receivable: +€4,764
- Tangible fixed assets -€4,423
down €4,423 (-47.1%), from €9,383 to €4,960
- Deferred charges and accrued income +€954
up €954 (+424.7%), from €225 to €1,179
- Other debts +€18,750
new in 2025: €18,750
- Profit (loss) carried forward +€2,371
up €2,371 (+5.9%), from €40,032 to €42,403
- Tax, wage and social debts -€1,714
down €1,714 (-12.0%), from €14,307 to €12,593
- Gross operating margin +€3,498
up €3,498 (+11.5%), from €30,494 to €33,992
- Taxes +€955
up €955 (+13.2%), from €7,252 to €8,207
- Depreciation +€355
up €355 (+8.7%), from €4,068 to €4,423
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 | €55,679 | €74,754 | +€19,076 | +34.3% |
| Fixed assets | 21/28 | €9,383 | €4,960 | -€4,423 | -47.1% |
| Tangible fixed assets | 22/27 | €9,383 | €4,960 | -€4,423 | -47.1% |
| Furniture and vehicles | 24 | €9,383 | €4,960 | -€4,423 | -47.1% |
| Current assets | 29/58 | €46,296 | €69,795 | +€23,499 | +50.8% |
| Amounts receivable within one year | 40/41 | €16,929 | €24,057 | +€7,128 | +42.1% |
| Trade receivables | 40 | €9,738 | €12,102 | +€2,364 | +24.3% |
| Other amounts receivable | 41 | €7,191 | €11,955 | +€4,764 | +66.3% |
| Cash at bank and in hand | 54/58 | €29,142 | €44,558 | +€15,416 | +52.9% |
| Deferred charges and accrued income | 490/1 | €225 | €1,179 | +€954 | +424.7% |
| Total equity and liabilities | 10/49 | €55,679 | €74,754 | +€19,076 | +34.3% |
| Equity | 10/15 | €41,032 | €43,403 | +€2,371 | +5.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,032 | €42,403 | +€2,371 | +5.9% |
| Amounts payable | 17/49 | €14,647 | €31,351 | +€16,704 | +114.0% |
| Amounts payable within one year | 42/48 | €14,647 | €31,351 | +€16,704 | +114.0% |
| Trade debts | 44 | €340 | €8 | -€332 | -97.5% |
| Suppliers | 440/4 | €340 | €8 | -€332 | -97.5% |
| Taxes, remuneration and social security | 45 | €14,307 | €12,593 | -€1,714 | -12.0% |
| Taxes | 450/3 | €14,307 | €12,593 | -€1,714 | -12.0% |
| Other amounts payable | 47/48 | - | €18,750 | +€18,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,068 | €4,423 | +€355 | +8.7% |
| Other operating charges | 640/8 | €1,019 | €695 | -€324 | -31.8% |
| Gross operating margin | 9900 | €30,494 | €33,992 | +€3,498 | +11.5% |
| Operating profit (loss) | 9901 | €25,407 | €28,874 | +€3,467 | +13.6% |
| Financial income | 75/76B | €225 | €533 | +€309 | +137.2% |
| Recurring financial income | 75 | €225 | €533 | +€309 | +137.2% |
| Financial charges | 65/66B | €77 | €79 | +€3 | +3.9% |
| Recurring financial charges | 65 | €77 | €79 | +€3 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €25,555 | €29,328 | +€3,773 | +14.8% |
| Income taxes | 67/77 | €7,252 | €8,207 | +€955 | +13.2% |
| Profit (loss) for the period | 9904 | €18,303 | €21,121 | +€2,818 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,303 | €21,121 | +€2,818 | +15.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.