DBFM Ventures: 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.
DBFM Ventures
Largest movements
- Receivables within one year -€695,953
down €695,953 (-96.0%), from €725,240 to €29,287
of which Other amounts receivable: -€709,566
- Short-term financial debts -€516,260
down €516,260 (-58.3%), from €885,015 to €368,755
of which Credit institutions: -€578,760
- Debts after one year -€402,456
down €402,456 (-10.8%), from €3.7m to €3.3m
- Contributions +€300,000
up €300,000 (+48.0%), from €625,000 to €925,000
- Reserves -€185,770
down €185,770 (-8.3%), from €2.2m to €2.0m
- Financial income -€2.4m
down €2.4m (-100.0%), from €2.4m to €60
- Financial charges +€43,224
up €43,224 (+29.6%), from €145,976 to €189,200
- Gross operating margin +€28,967
up €28,967, from -€25,598 to €3,370
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 | €7,624,816 | €6,870,865 | -€753,950 | -9.9% |
| Fixed assets | 21/28 | €6,850,000 | €6,807,500 | -€42,500 | -0.6% |
| Financial fixed assets | 28 | €6,850,000 | €6,807,500 | -€42,500 | -0.6% |
| Current assets | 29/58 | €774,816 | €63,365 | -€711,450 | -91.8% |
| Amounts receivable within one year | 40/41 | €725,240 | €29,287 | -€695,953 | -96.0% |
| Trade receivables | 40 | - | €13,613 | +€13,613 | |
| Other amounts receivable | 41 | €725,240 | €15,675 | -€709,566 | -97.8% |
| Cash at bank and in hand | 54/58 | €49,575 | €34,078 | -€15,497 | -31.3% |
| Total equity and liabilities | 10/49 | €7,624,816 | €6,870,865 | -€753,950 | -9.9% |
| Equity | 10/15 | €2,853,426 | €2,967,656 | +€114,230 | +4.0% |
| Contributions | 10/11 | €625,000 | €925,000 | +€300,000 | +48.0% |
| Reserves | 13 | €2,228,426 | €2,042,656 | -€185,770 | -8.3% |
| Distributable reserves | 133 | €2,228,426 | €2,042,656 | -€185,770 | -8.3% |
| Amounts payable | 17/49 | €4,771,389 | €3,903,209 | -€868,180 | -18.2% |
| Amounts payable after more than one year | 17 | €3,717,366 | €3,314,909 | -€402,456 | -10.8% |
| Financial debts | 170/4 | €3,717,366 | €3,314,909 | -€402,456 | -10.8% |
| Amounts payable within one year | 42/48 | €1,054,024 | €588,300 | -€465,723 | -44.2% |
| Financial debts | 43 | €885,015 | €368,755 | -€516,260 | -58.3% |
| Credit institutions | 430/8 | €885,015 | €306,255 | -€578,760 | -65.4% |
| Other loans | 439 | - | €62,500 | +€62,500 | |
| Trade debts | 44 | €14,761 | €15,125 | +€364 | +2.5% |
| Suppliers | 440/4 | €14,761 | €15,125 | +€364 | +2.5% |
| Taxes, remuneration and social security | 45 | €4,248 | €4,420 | +€172 | +4.1% |
| Taxes | 450/3 | €4,248 | €4,420 | +€172 | +4.1% |
| Other amounts payable | 47/48 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Gross operating margin | 9900 | -€25,598 | €3,370 | +€28,967 | |
| Operating profit (loss) | 9901 | -€25,598 | €3,370 | +€28,967 | |
| Financial income | 75/76B | €2,400,000 | €60 | -€2.4m | -100.0% |
| Recurring financial income | 75 | €2,400,000 | €60 | -€2.4m | -100.0% |
| Financial charges | 65/66B | €145,976 | €189,200 | +€43,224 | +29.6% |
| Recurring financial charges | 65 | €145,976 | €189,200 | +€43,224 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €2,228,426 | -€185,770 | -€2.4m | |
| Profit (loss) for the period | 9904 | €2,228,426 | -€185,770 | -€2.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €2,228,426 | -€185,770 | -€2.4m |
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 28 October 2026 via checked.be.