DBGB: 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.
DBGB
Largest movements
- Stocks and contracts +€11,969
up €11,969 (+13.0%), from €92,086 to €104,055
- Cash +€8,573
up €8,573 (+27.0%), from €31,707 to €40,280
mainly Net result for the year (+€23,184) and Trade debts (+€13,787)
- Profit (loss) carried forward +€23,184
up €23,184 (+128.9%), from €17,986 to €41,170
- Trade debts +€13,787
up €13,787 (+8.2%), from €168,244 to €182,031
- Tax, wage and social debts -€8,877
down €8,877 (-57.2%), from €15,531 to €6,654
of which Remuneration and social security: -€8,361
- Accrued charges and deferred income -€3,382
down €3,382 (-49.1%), from €6,882 to €3,500
- Staff costs -€7,694
down €7,694 (-11.2%), from €68,918 to €61,223
- Gross operating margin -€6,518
down €6,518 (-6.3%), from €103,482 to €96,964
- Depreciation +€1,816
up €1,816 (+44.9%), from €4,044 to €5,860
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,255 | €281,507 | +€25,253 | +9.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €121,569 | €124,270 | +€2,702 | +2.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €13,721 | €14,167 | +€446 | +3.2% |
| Plant, machinery and equipment | 23 | €13,721 | €8,185 | -€5,536 | -40.3% |
| Furniture and vehicles | 24 | €0 | €5,982 | +€5,982 | |
| Financial fixed assets | 28 | €107,848 | €110,104 | +€2,256 | +2.1% |
| Current assets | 29/58 | €134,686 | €157,237 | +€22,551 | +16.7% |
| Stocks and contracts in progress | 3 | €92,086 | €104,055 | +€11,969 | +13.0% |
| Stocks | 30/36 | €92,086 | €104,055 | +€11,969 | +13.0% |
| Amounts receivable within one year | 40/41 | €8,639 | €9,918 | +€1,278 | +14.8% |
| Trade receivables | 40 | €4,500 | €4,500 | = | 0.0% |
| Other amounts receivable | 41 | €4,139 | €5,418 | +€1,278 | +30.9% |
| Cash at bank and in hand | 54/58 | €31,707 | €40,280 | +€8,573 | +27.0% |
| Deferred charges and accrued income | 490/1 | €2,255 | €2,985 | +€730 | +32.4% |
| Total equity and liabilities | 10/49 | €256,255 | €281,507 | +€25,253 | +9.9% |
| Equity | 10/15 | €61,986 | €85,170 | +€23,184 | +37.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,986 | €41,170 | +€23,184 | +128.9% |
| Amounts payable | 17/49 | €194,268 | €196,337 | +€2,069 | +1.1% |
| Amounts payable within one year | 42/48 | €187,387 | €192,837 | +€5,451 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €168,244 | €182,031 | +€13,787 | +8.2% |
| Suppliers | 440/4 | €168,244 | €182,031 | +€13,787 | +8.2% |
| Taxes, remuneration and social security | 45 | €15,531 | €6,654 | -€8,877 | -57.2% |
| Taxes | 450/3 | €2,729 | €2,213 | -€517 | -18.9% |
| Remuneration and social security | 454/9 | €12,802 | €4,441 | -€8,361 | -65.3% |
| Other amounts payable | 47/48 | €3,611 | €4,153 | +€541 | +15.0% |
| Accrued charges and deferred income | 492/3 | €6,882 | €3,500 | -€3,382 | -49.1% |
| Remuneration, social security and pensions | 62 | €68,918 | €61,223 | -€7,694 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,044 | €5,860 | +€1,816 | +44.9% |
| Other operating charges | 640/8 | €531 | €567 | +€35 | +6.6% |
| Gross operating margin | 9900 | €103,482 | €96,964 | -€6,518 | -6.3% |
| Operating profit (loss) | 9901 | €29,989 | €29,314 | -€675 | -2.2% |
| Financial income | 75/76B | €2,414 | €3,233 | +€819 | +33.9% |
| Recurring financial income | 75 | €2,414 | €3,233 | +€819 | +33.9% |
| Financial charges | 65/66B | €10,054 | €9,364 | -€690 | -6.9% |
| Recurring financial charges | 65 | €10,054 | €9,364 | -€690 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €22,349 | €23,184 | +€835 | +3.7% |
| Profit (loss) for the period | 9904 | €22,349 | €23,184 | +€835 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,349 | €23,184 | +€835 | +3.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2025 and 31 May 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.