DBL GROUP: 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.
DBL GROUP
Largest movements
- Receivables within one year +€88,268
up €88,268 (+264.3%), from €33,403 to €121,671
of which Trade receivables: +€71,063
- Cash -€8,401
down €8,401 (-82.3%), from €10,212 to €1,812
mainly Receivables within one year (-€88,268) and Tax, wage and social debts (-€705)
- Trade debts +€76,775
up €76,775 (+540.5%), from €14,206 to €90,981
- Reserves +€4,400
up €4,400 (+22.5%), from €19,549 to €23,949
- Gross operating margin -€7,507
down €7,507 (-55.7%), from €13,475 to €5,967
- Taxes -€1,644
down €1,644 (-46.7%), from €3,522 to €1,878
- Financial income +€1,005
up €1,005 (+384.1%), from €262 to €1,267
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 | €43,615 | €124,121 | +€80,506 | +184.6% |
| Current assets | 29/58 | €43,615 | €124,121 | +€80,506 | +184.6% |
| Amounts receivable within one year | 40/41 | €33,403 | €121,671 | +€88,268 | +264.3% |
| Trade receivables | 40 | €31,941 | €103,004 | +€71,063 | +222.5% |
| Other amounts receivable | 41 | €1,462 | €18,667 | +€17,205 | +1176.6% |
| Cash at bank and in hand | 54/58 | €10,212 | €1,812 | -€8,401 | -82.3% |
| Deferred charges and accrued income | 490/1 | €0 | €638 | +€638 | |
| Total equity and liabilities | 10/49 | €43,615 | €124,121 | +€80,506 | +184.6% |
| Equity | 10/15 | €22,549 | €26,949 | +€4,400 | +19.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,549 | €23,949 | +€4,400 | +22.5% |
| Distributable reserves | 133 | €19,549 | €23,949 | +€4,400 | +22.5% |
| Amounts payable | 17/49 | €21,067 | €97,172 | +€76,105 | +361.3% |
| Amounts payable within one year | 42/48 | €20,317 | €96,422 | +€76,105 | +374.6% |
| Trade debts | 44 | €14,206 | €90,981 | +€76,775 | +540.5% |
| Suppliers | 440/4 | €14,206 | €90,981 | +€76,775 | +540.5% |
| Taxes, remuneration and social security | 45 | €6,111 | €5,406 | -€705 | -11.5% |
| Taxes | 450/3 | €6,111 | €5,406 | -€705 | -11.5% |
| Other amounts payable | 47/48 | - | €35 | +€35 | |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €963 | €896 | -€67 | -7.0% |
| Gross operating margin | 9900 | €13,475 | €5,967 | -€7,507 | -55.7% |
| Operating profit (loss) | 9901 | €12,511 | €5,072 | -€7,440 | -59.5% |
| Financial income | 75/76B | €262 | €1,267 | +€1,005 | +384.1% |
| Recurring financial income | 75 | €262 | €1,267 | +€1,005 | +384.1% |
| Financial charges | 65/66B | €59 | €60 | +€2 | +2.6% |
| Recurring financial charges | 65 | €59 | €60 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €12,715 | €6,279 | -€6,436 | -50.6% |
| Income taxes | 67/77 | €3,522 | €1,878 | -€1,644 | -46.7% |
| Profit (loss) for the period | 9904 | €9,193 | €4,400 | -€4,793 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,193 | €4,400 | -€4,793 | -52.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.