DBM EVENTS: 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.
DBM EVENTS
Largest movements
- Cash -€93,606
down €93,606 (-88.6%), from €105,624 to €12,018
mainly Net result for the year (-€137,509) and Trade debts (-€34,196)
- Receivables within one year -€35,486
down €35,486 (-25.2%), from €140,987 to €105,501
of which Trade receivables: -€45,924
- Tangible fixed assets -€18,170
down €18,170 (-16.9%), from €107,590 to €89,420
of which Plant, machinery and equipment: -€10,337
- Stocks and contracts +€10,488
up €10,488 (+158.1%), from €6,633 to €17,121
- Deferred charges and accrued income +€4,018
new in 2025: €4,018
- Profit (loss) carried forward -€137,509
down €137,509, from €83,900 to -€53,609
- Trade debts -€34,196
down €34,196 (-80.2%), from €42,626 to €8,430
- Tax, wage and social debts +€18,148
up €18,148 (+28.5%), from €63,692 to €81,840
of which Taxes: +€18,654
- Other debts +€13,659
new in 2025: €13,659
- Accrued charges and deferred income +€7,142
up €7,142 (+7.2%), from €98,929 to €106,071
- Gross operating margin -€181,809
down €181,809 (-63.5%), from €286,533 to €104,724
- Taxes -€14,381
down €14,381 (-98.9%), from €14,548 to €167
- Staff costs +€7,983
up €7,983 (+3.8%), from €208,196 to €216,179
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 | €369,147 | €236,391 | -€132,756 | -36.0% |
| Fixed assets | 21/28 | €115,903 | €97,733 | -€18,170 | -15.7% |
| Tangible fixed assets | 22/27 | €107,590 | €89,420 | -€18,170 | -16.9% |
| Plant, machinery and equipment | 23 | €96,064 | €85,727 | -€10,337 | -10.8% |
| Furniture and vehicles | 24 | €11,526 | €3,693 | -€7,833 | -68.0% |
| Financial fixed assets | 28 | €8,313 | €8,313 | = | 0.0% |
| Current assets | 29/58 | €253,244 | €138,658 | -€114,586 | -45.2% |
| Stocks and contracts in progress | 3 | €6,633 | €17,121 | +€10,488 | +158.1% |
| Stocks | 30/36 | €6,633 | €17,121 | +€10,488 | +158.1% |
| Amounts receivable within one year | 40/41 | €140,987 | €105,501 | -€35,486 | -25.2% |
| Trade receivables | 40 | €54,639 | €8,715 | -€45,924 | -84.0% |
| Other amounts receivable | 41 | €86,348 | €96,786 | +€10,438 | +12.1% |
| Cash at bank and in hand | 54/58 | €105,624 | €12,018 | -€93,606 | -88.6% |
| Deferred charges and accrued income | 490/1 | - | €4,018 | +€4,018 | |
| Total equity and liabilities | 10/49 | €369,147 | €236,391 | -€132,756 | -36.0% |
| Equity | 10/15 | €163,900 | €26,391 | -€137,509 | -83.9% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,900 | -€53,609 | -€137,509 | |
| Amounts payable | 17/49 | €205,247 | €210,000 | +€4,753 | +2.3% |
| Amounts payable within one year | 42/48 | €106,318 | €103,929 | -€2,389 | -2.2% |
| Trade debts | 44 | €42,626 | €8,430 | -€34,196 | -80.2% |
| Suppliers | 440/4 | €42,626 | €8,430 | -€34,196 | -80.2% |
| Taxes, remuneration and social security | 45 | €63,692 | €81,840 | +€18,148 | +28.5% |
| Taxes | 450/3 | €32,317 | €50,971 | +€18,654 | +57.7% |
| Remuneration and social security | 454/9 | €31,375 | €30,869 | -€506 | -1.6% |
| Other amounts payable | 47/48 | - | €13,659 | +€13,659 | |
| Accrued charges and deferred income | 492/3 | €98,929 | €106,071 | +€7,142 | +7.2% |
| Remuneration, social security and pensions | 62 | €208,196 | €216,179 | +€7,983 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,885 | €20,684 | +€799 | +4.0% |
| Other operating charges | 640/8 | €980 | €863 | -€117 | -11.9% |
| Non-recurring operating charges | 66A | - | €6,042 | +€6,042 | |
| Gross operating margin | 9900 | €286,533 | €104,724 | -€181,809 | -63.5% |
| Operating profit (loss) | 9901 | €57,472 | -€139,044 | -€196,516 | |
| Financial income | 75/76B | €1,772 | €2,573 | +€801 | +45.2% |
| Recurring financial income | 75 | €1,772 | €2,573 | +€801 | +45.2% |
| Financial charges | 65/66B | €763 | €871 | +€108 | +14.2% |
| Recurring financial charges | 65 | €763 | €871 | +€108 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €58,481 | -€137,342 | -€195,823 | |
| Income taxes | 67/77 | €14,548 | €167 | -€14,381 | -98.9% |
| Profit (loss) for the period | 9904 | €43,933 | -€137,509 | -€181,442 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,933 | -€137,509 | -€181,442 |
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 12 October 2026 via checked.be.