DBG FINANCES: 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.
What changed
DBG FINANCES
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €3.4m-€1.2m
Equity
€57.7m
2024 · €55.5m+€2.2m
Cash
€580,948
2024 · €1.0m-€455,193
Balance sheet total
€59.1m
2024 · €57.8m+€1.3m
Largest movements
Assets
- Financial fixed assets +€1.7m
up €1.7m (+8.0%), from €20.9m to €22.6m
of which Affiliated companies: +€1.7m
Equity and liabilities
- Reserves +€2.2m
up €2.2m (+5.3%), from €41.8m to €44.0m
of which Distributable reserves: +€2.2m
- Other debts -€886,535
down €886,535 (-40.9%), from €2.2m to €1.3m
Income statement
- Financial income -€1.1m
down €1.1m (-30.9%), from €3.4m to €2.3m
- Turnover -€325,000
down €325,000 (-100%), from €325,000 to €0
- Services and other goods -€143,806
down €143,806 (-65.0%), from €221,201 to €77,396
- Taxes -€37,258
down €37,258 (-58.0%), from €64,293 to €27,034
- Staff costs -€18,335
down €18,335 (-99.5%), from €18,427 to €92
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.
Result 2024
€3.4m
Turnover
-€325,000
Other operating income
-€460
Services and other goods
+€143,806
Staff costs
+€18,335
Other operating charges
-€4,173
Other operating items
+€2,267
Financial income
-€1.1m
Financial charges
+€1,669
Taxes
+€37,258
Result 2025
€2.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.2m
Investment
-€1.7m
Financing
€0
Cash 2024
€1.0m
From operations (derived)
+€1.2m
Net result for the year
+€2.2m
Receivables within one year
-€83,999
Deferred charges and accrued income
-€707
Trade debts
-€8,652
Tax, wage and social debts
-€37,810
Other debts
-€886,535
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.7m
Cash 2025
€580,948
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,764,050 | €59,059,856 | +€1.3m | +2.2% |
| Fixed assets | 21/28 | €20,904,835 | €22,571,129 | +€1.7m | +8.0% |
| Financial fixed assets | 28 | €20,904,835 | €22,571,129 | +€1.7m | +8.0% |
| Affiliated companies | 280/1 | €20,901,235 | €22,567,529 | +€1.7m | +8.0% |
| Participating interests | 280 | €19,069,273 | €19,069,273 | = | 0.0% |
| Amounts receivable | 281 | €1,831,962 | €3,498,256 | +€1.7m | +91.0% |
| Other financial fixed assets | 284/8 | €3,600 | €3,600 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €36,859,215 | €36,488,727 | -€370,487 | -1.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,128,171 | €1,212,169 | +€83,999 | +7.4% |
| Trade receivables | 40 | €12,603 | €439 | -€12,164 | -96.5% |
| Other amounts receivable | 41 | €1,115,568 | €1,211,731 | +€96,163 | +8.6% |
| Current investments | 50/53 | €34,691,150 | €34,691,150 | = | 0.0% |
| Own shares | 50 | €34,691,150 | €34,691,150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,036,142 | €580,948 | -€455,193 | -43.9% |
| Deferred charges and accrued income | 490/1 | €3,752 | €4,460 | +€707 | +18.9% |
| Total equity and liabilities | 10/49 | €57,764,050 | €59,059,856 | +€1.3m | +2.2% |
| Equity | 10/15 | €55,520,761 | €57,749,564 | +€2.2m | +4.0% |
| Contributions | 10/11 | €13,730,853 | €13,730,853 | = | 0.0% |
| Capital | 10 | €13,500,000 | €13,500,000 | = | 0.0% |
| Issued capital | 100 | €13,500,000 | €13,500,000 | = | 0.0% |
| Contributions outside capital | 11 | €230,853 | €230,853 | = | 0.0% |
| Share premium | 1100/10 | €230,853 | €230,853 | = | 0.0% |
| Reserves | 13 | €41,789,500 | €44,017,500 | +€2.2m | +5.3% |
| Non-distributable reserves | 130/1 | €36,041,150 | €36,041,150 | = | 0.0% |
| Legal reserve | 130 | €1,350,000 | €1,350,000 | = | 0.0% |
| Own shares acquired | 1312 | €34,691,150 | €34,691,150 | = | 0.0% |
| Distributable reserves | 133 | €5,748,350 | €7,976,350 | +€2.2m | +38.8% |
| Profit (loss) carried forward | 14 | €408 | €1,211 | +€803 | +197% |
| Amounts payable | 17/49 | €2,243,289 | €1,310,293 | -€932,996 | -41.6% |
| Amounts payable within one year | 42/48 | €2,243,289 | €1,310,293 | -€932,996 | -41.6% |
| Trade debts | 44 | €37,631 | €28,979 | -€8,652 | -23.0% |
| Suppliers | 440/4 | €37,631 | €28,979 | -€8,652 | -23.0% |
| Taxes, remuneration and social security | 45 | €37,810 | €0 | -€37,810 | -100.0% |
| Taxes | 450/3 | €37,810 | €0 | -€37,810 | -100% |
| Remuneration and social security | 454/9 | €0 | €0 | = | 0.0% |
| Other amounts payable | 47/48 | €2,167,848 | €1,281,314 | -€886,535 | -40.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €325,460 | €2,267 | -€323,194 | -99.3% |
| Turnover | 70 | €325,000 | €0 | -€325,000 | -100% |
| Other operating income | 74 | €460 | €0 | -€460 | -100% |
| Non-recurring operating income | 76A | €0 | €2,267 | +€2,267 | |
| Operating charges | 60/66A | €239,630 | €81,661 | -€157,968 | -65.9% |
| Services and other goods | 61 | €221,201 | €77,396 | -€143,806 | -65.0% |
| Remuneration, social security and pensions | 62 | €18,427 | €92 | -€18,335 | -99.5% |
| Other operating charges | 640/8 | €1 | €4,174 | +€4,173 | +632,302% |
| Operating profit (loss) | 9901 | €85,831 | -€79,395 | -€165,225 | |
| Financial income | 75/76B | €3,393,638 | €2,343,603 | -€1.1m | -30.9% |
| Recurring financial income | 75 | €3,393,638 | €2,343,603 | -€1.1m | -30.9% |
| Income from financial fixed assets | 750 | €3,339,437 | €2,284,294 | -€1.1m | -31.6% |
| Income from current assets | 751 | €54,201 | €59,309 | +€5,108 | +9.4% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €10,041 | €8,371 | -€1,669 | -16.6% |
| Recurring financial charges | 65 | €10,041 | €8,371 | -€1,669 | -16.6% |
| Debt charges | 650 | €0 | - | = | |
| Other financial charges | 652/9 | €10,041 | €8,371 | -€1,669 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €3,469,429 | €2,255,837 | -€1.2m | -35.0% |
| Income taxes | 67/77 | €64,293 | €27,034 | -€37,258 | -58.0% |
| Taxes | 670/3 | €64,293 | €27,034 | -€37,258 | -58.0% |
| Profit (loss) for the period | 9904 | €3,405,136 | €2,228,803 | -€1.2m | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,405,136 | €2,228,803 | -€1.2m | -34.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.