DBF: 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.
DBF
Largest movements
- Current investments +€250,000
up €250,000 (+71.4%), from €350,000 to €600,000
- Cash +€77,284
up €77,284 (+94.8%), from €81,489 to €158,773
mainly Net result for the year (+€249,955) and Tax, wage and social debts (+€77,223)
- Reserves +€249,955
up €249,955 (+72.8%), from €343,384 to €593,339
- Tax, wage and social debts +€77,223
up €77,223 (+97.0%), from €79,613 to €156,836
of which Taxes: +€79,973
- Gross operating margin +€60,048
up €60,048 (+23.7%), from €253,314 to €313,362
- Taxes +€18,441
up €18,441 (+31.7%), from €58,211 to €76,652
- Financial income +€13,752
new in 2025: €13,752
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 | €431,489 | €758,773 | +€327,284 | +75.9% |
| Current assets | 29/58 | €431,489 | €758,773 | +€327,284 | +75.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Current investments | 50/53 | €350,000 | €600,000 | +€250,000 | +71.4% |
| Cash at bank and in hand | 54/58 | €81,489 | €158,773 | +€77,284 | +94.8% |
| Total equity and liabilities | 10/49 | €431,489 | €758,773 | +€327,284 | +75.9% |
| Equity | 10/15 | €349,384 | €599,339 | +€249,955 | +71.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €343,384 | €593,339 | +€249,955 | +72.8% |
| Distributable reserves | 133 | €343,384 | €593,339 | +€249,955 | +72.8% |
| Amounts payable | 17/49 | €82,104 | €159,434 | +€77,330 | +94.2% |
| Amounts payable within one year | 42/48 | €82,104 | €159,260 | +€77,156 | +94.0% |
| Taxes, remuneration and social security | 45 | €79,613 | €156,836 | +€77,223 | +97.0% |
| Taxes | 450/3 | €76,863 | €156,836 | +€79,973 | +104.0% |
| Remuneration and social security | 454/9 | €2,750 | €0 | -€2,750 | -100.0% |
| Other amounts payable | 47/48 | €2,491 | €2,424 | -€68 | -2.7% |
| Accrued charges and deferred income | 492/3 | - | €174 | +€174 | |
| Other operating charges | 640/8 | €228 | €284 | +€56 | +24.6% |
| Gross operating margin | 9900 | €253,314 | €313,362 | +€60,048 | +23.7% |
| Operating profit (loss) | 9901 | €253,086 | €313,079 | +€59,992 | +23.7% |
| Financial income | 75/76B | - | €13,752 | +€13,752 | |
| Recurring financial income | 75 | - | €13,752 | +€13,752 | |
| Financial charges | 65/66B | €244 | €225 | -€19 | -7.9% |
| Recurring financial charges | 65 | €244 | €225 | -€19 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €252,842 | €326,606 | +€73,764 | +29.2% |
| Income taxes | 67/77 | €58,211 | €76,652 | +€18,441 | +31.7% |
| Profit (loss) for the period | 9904 | €194,632 | €249,955 | +€55,323 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €194,632 | €249,955 | +€55,323 | +28.4% |
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 30 September 2026 via checked.be.