DBJ MANAGEMENT: 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.
DBJ MANAGEMENT
Largest movements
- Receivables within one year +€50,847
up €50,847 (+39.8%), from €127,740 to €178,587
of which Trade receivables: +€49,892
- Tangible fixed assets +€18,912
up €18,912 (+267.2%), from €7,079 to €25,991
- Cash -€10,388
down €10,388 (-84.9%), from €12,240 to €1,852
mainly Receivables within one year (-€50,847) and Investment in fixed assets (net) (-€23,629)
- Other debts +€26,731
up €26,731 (+104.4%), from €25,613 to €52,344
- Reserves +€25,038
up €25,038 (+28.8%), from €87,057 to €112,095
- Trade debts +€17,815
up €17,815 (+993.6%), from €1,793 to €19,608
- Tax, wage and social debts -€10,213
down €10,213 (-45.2%), from €22,596 to €12,383
- Gross operating margin +€36,659
up €36,659, from -€531 to €36,128
- Taxes +€6,077
new in 2025: €6,077
- Depreciation +€4,597
up €4,597 (+3830.8%), from €120 to €4,717
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 | €147,059 | €206,430 | +€59,371 | +40.4% |
| Fixed assets | 21/28 | €7,079 | €25,991 | +€18,912 | +267.2% |
| Tangible fixed assets | 22/27 | €7,079 | €25,991 | +€18,912 | +267.2% |
| Land and buildings | 22 | €5,682 | €9,687 | +€4,005 | +70.5% |
| Plant, machinery and equipment | 23 | €1,397 | €7,013 | +€5,616 | +402.0% |
| Furniture and vehicles | 24 | - | €9,291 | +€9,291 | |
| Current assets | 29/58 | €139,980 | €180,439 | +€40,459 | +28.9% |
| Amounts receivable within one year | 40/41 | €127,740 | €178,587 | +€50,847 | +39.8% |
| Trade receivables | 40 | €5,542 | €55,434 | +€49,892 | +900.3% |
| Other amounts receivable | 41 | €122,198 | €123,153 | +€955 | +0.8% |
| Cash at bank and in hand | 54/58 | €12,240 | €1,852 | -€10,388 | -84.9% |
| Total equity and liabilities | 10/49 | €147,059 | €206,430 | +€59,371 | +40.4% |
| Equity | 10/15 | €97,057 | €122,095 | +€25,038 | +25.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €87,057 | €112,095 | +€25,038 | +28.8% |
| Distributable reserves | 133 | €87,057 | €112,095 | +€25,038 | +28.8% |
| Amounts payable | 17/49 | €50,002 | €84,335 | +€34,333 | +68.7% |
| Amounts payable within one year | 42/48 | €50,002 | €84,335 | +€34,333 | +68.7% |
| Trade debts | 44 | €1,793 | €19,608 | +€17,815 | +993.6% |
| Suppliers | 440/4 | €1,793 | €19,608 | +€17,815 | +993.6% |
| Taxes, remuneration and social security | 45 | €22,596 | €12,383 | -€10,213 | -45.2% |
| Taxes | 450/3 | €22,596 | €12,383 | -€10,213 | -45.2% |
| Other amounts payable | 47/48 | €25,613 | €52,344 | +€26,731 | +104.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120 | €4,717 | +€4,597 | +3830.8% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | -€531 | €36,128 | +€36,659 | |
| Operating profit (loss) | 9901 | -€651 | €31,291 | +€31,942 | |
| Financial charges | 65/66B | €78 | €176 | +€98 | +125.6% |
| Recurring financial charges | 65 | €78 | €176 | +€98 | +125.6% |
| Profit (loss) for the period before taxes | 9903 | -€729 | €31,115 | +€31,844 | |
| Income taxes | 67/77 | - | €6,077 | +€6,077 | |
| Profit (loss) for the period | 9904 | -€729 | €25,038 | +€25,767 | |
| Profit (loss) for the period to be appropriated | 9905 | -€729 | €25,038 | +€25,767 |
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 10 October 2026 via checked.be.