DBF Consultancy: 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 Consultancy
Largest movements
- Receivables within one year -€266,926
down €266,926 (-99.6%), from €267,990 to €1,064
- Tangible fixed assets -€86,641
down €86,641 (-4.8%), from €1.8m to €1.7m
of which Land and buildings: -€77,796
- Trade debts -€324,235
down €324,235 (-95.0%), from €341,125 to €16,890
- Debts after one year -€47,051
down €47,051 (-2.7%), from €1.8m to €1.7m
of which Other amounts payable: -€26,293
- Gross operating margin +€52,209
up €52,209 (+66.1%), from €78,953 to €131,162
- Depreciation +€14,733
up €14,733 (+20.5%), from €71,908 to €86,641
- Financial charges +€12,036
up €12,036 (+25.7%), from €46,801 to €58,837
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 | €2,117,755 | €1,739,998 | -€377,757 | -17.8% |
| Fixed assets | 21/28 | €1,806,446 | €1,719,805 | -€86,641 | -4.8% |
| Tangible fixed assets | 22/27 | €1,806,446 | €1,719,805 | -€86,641 | -4.8% |
| Land and buildings | 22 | €1,736,796 | €1,659,000 | -€77,796 | -4.5% |
| Plant, machinery and equipment | 23 | €10,098 | €8,936 | -€1,162 | -11.5% |
| Furniture and vehicles | 24 | €6,806 | €5,210 | -€1,596 | -23.4% |
| Other tangible fixed assets | 26 | €52,746 | €46,659 | -€6,087 | -11.5% |
| Current assets | 29/58 | €311,309 | €20,193 | -€291,116 | -93.5% |
| Amounts receivable within one year | 40/41 | €267,990 | €1,064 | -€266,926 | -99.6% |
| Trade receivables | 40 | €267,990 | €1,064 | -€266,926 | -99.6% |
| Cash at bank and in hand | 54/58 | €21,725 | €2,333 | -€19,392 | -89.3% |
| Deferred charges and accrued income | 490/1 | €21,594 | €16,796 | -€4,798 | -22.2% |
| Total equity and liabilities | 10/49 | €2,117,755 | €1,739,998 | -€377,757 | -17.8% |
| Equity | 10/15 | -€58,168 | -€73,381 | -€15,213 | -26.2% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,168 | -€84,381 | -€15,213 | -22.0% |
| Amounts payable | 17/49 | €2,175,923 | €1,813,379 | -€362,544 | -16.7% |
| Amounts payable after more than one year | 17 | €1,757,698 | €1,710,647 | -€47,051 | -2.7% |
| Financial debts | 170/4 | €1,376,970 | €1,356,212 | -€20,758 | -1.5% |
| Other amounts payable | 178/9 | €380,728 | €354,435 | -€26,293 | -6.9% |
| Amounts payable within one year | 42/48 | €418,225 | €102,732 | -€315,493 | -75.4% |
| Current portion of amounts payable after more than one year | 42 | €72,075 | €78,123 | +€6,048 | +8.4% |
| Trade debts | 44 | €341,125 | €16,890 | -€324,235 | -95.0% |
| Suppliers | 440/4 | €341,125 | €16,890 | -€324,235 | -95.0% |
| Taxes, remuneration and social security | 45 | €5,025 | €7,719 | +€2,694 | +53.6% |
| Taxes | 450/3 | €5,025 | €7,719 | +€2,694 | +53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,908 | €86,641 | +€14,733 | +20.5% |
| Other operating charges | 640/8 | €1,032 | €522 | -€510 | -49.4% |
| Gross operating margin | 9900 | €78,953 | €131,162 | +€52,209 | +66.1% |
| Operating profit (loss) | 9901 | €6,013 | €43,999 | +€37,986 | +631.7% |
| Financial charges | 65/66B | €46,801 | €58,837 | +€12,036 | +25.7% |
| Recurring financial charges | 65 | €46,801 | €58,837 | +€12,036 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | -€40,788 | -€14,838 | +€25,950 | +63.6% |
| Income taxes | 67/77 | €297 | €375 | +€78 | +26.3% |
| Profit (loss) for the period | 9904 | -€41,085 | -€15,213 | +€25,872 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,085 | -€15,213 | +€25,872 | +63.0% |
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 4 October 2026 via checked.be.