DBG PROJECTS: 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.
DBG PROJECTS
Largest movements
- Cash -€2,307
down €2,307 (-19.9%), from €11,595 to €9,288
mainly Net result for the year (-€2,944) and Receivables within one year (-€339)
- Tangible fixed assets -€382
down €382 (-15.0%), from €2,536 to €2,155
of which Other tangible fixed assets: -€1,231
- Receivables within one year +€339
up €339 (+4.2%), from €8,066 to €8,404
of which Other amounts receivable: +€339
- Profit (loss) carried forward -€2,944
down €2,944 (-145.7%), from -€2,021 to -€4,966
- Trade debts +€595
up €595 (+834.8%), from €71 to €666
- Gross operating margin -€1,691
down €1,691 (-415.5%), from -€407 to -€2,098
- Depreciation -€621
down €621 (-61.9%), from €1,003 to €382
- Financial income +€172
up €172 (+86000.0%), from €0 to €172
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,197 | €19,847 | -€2,350 | -10.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,536 | €2,155 | -€382 | -15.0% |
| Tangible fixed assets | 22/27 | €2,536 | €2,155 | -€382 | -15.0% |
| Plant, machinery and equipment | 23 | €1,305 | €2,155 | +€849 | +65.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,231 | €0 | -€1,231 | -100.0% |
| Current assets | 29/58 | €19,661 | €17,693 | -€1,968 | -10.0% |
| Amounts receivable within one year | 40/41 | €8,066 | €8,404 | +€339 | +4.2% |
| Trade receivables | 40 | €250 | €250 | = | 0.0% |
| Other amounts receivable | 41 | €7,816 | €8,154 | +€339 | +4.3% |
| Cash at bank and in hand | 54/58 | €11,595 | €9,288 | -€2,307 | -19.9% |
| Total equity and liabilities | 10/49 | €22,197 | €19,847 | -€2,350 | -10.6% |
| Equity | 10/15 | €22,126 | €19,181 | -€2,944 | -13.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,747 | €11,747 | = | 0.0% |
| Distributable reserves | 133 | €11,747 | €11,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,021 | -€4,966 | -€2,944 | -145.7% |
| Amounts payable | 17/49 | €71 | €666 | +€595 | +834.8% |
| Amounts payable within one year | 42/48 | €71 | €666 | +€595 | +834.8% |
| Trade debts | 44 | €71 | €666 | +€595 | +834.8% |
| Suppliers | 440/4 | €71 | €666 | +€595 | +834.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,003 | €382 | -€621 | -61.9% |
| Other operating charges | 640/8 | €557 | €569 | +€12 | +2.2% |
| Gross operating margin | 9900 | -€407 | -€2,098 | -€1,691 | -415.5% |
| Operating profit (loss) | 9901 | -€1,967 | -€3,049 | -€1,082 | -55.0% |
| Financial income | 75/76B | €0 | €172 | +€172 | +86000.0% |
| Recurring financial income | 75 | €0 | €172 | +€172 | +86000.0% |
| Financial charges | 65/66B | €55 | €68 | +€13 | +23.9% |
| Recurring financial charges | 65 | €55 | €68 | +€13 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,021 | -€2,944 | -€923 | -45.7% |
| Profit (loss) for the period | 9904 | -€2,021 | -€2,944 | -€923 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,021 | -€2,944 | -€923 | -45.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.