DBM SAN: 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 SAN
Largest movements
- Stocks and contracts -€9,500
down €9,500 (-100%), from €9,500 to €0
- Cash +€8,003
up €8,003 (+36.8%), from €21,743 to €29,746
mainly Depreciation (+€18,369) and Stocks and contracts (+€9,500)
- Receivables within one year +€4,626
up €4,626 (+6.1%), from €75,777 to €80,404
of which Other amounts receivable: +€2,926
- Tangible fixed assets +€4,100
up €4,100 (+10.6%), from €38,762 to €42,862
of which Furniture and vehicles: +€6,748
- Current portion of long-term debt -€8,231
down €8,231 (-39.5%), from €20,849 to €12,618
- Debts after one year +€7,193
up €7,193 (+32.8%), from €21,946 to €29,139
- Reserves +€5,000
up €5,000 (+11.1%), from €45,000 to €50,000
- Short-term financial debts +€2,564
up €2,564 (+320%), from €802 to €3,366
- Other debts +€2,372
up €2,372 (+55.2%), from €4,299 to €6,671
- Gross operating margin -€7,970
down €7,970 (-20.6%), from €38,679 to €30,709
- Depreciation -€5,232
down €5,232 (-22.2%), from €23,602 to €18,369
- Other operating charges +€4,447
up €4,447 (+457%), from €973 to €5,420
- Taxes -€1,229
down €1,229 (-42.0%), from €2,922 to €1,693
- Financial charges +€993
up €993 (+111%), from €897 to €1,891
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.
Derived cash bridge
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 | €148,101 | €155,366 | +€7,265 | +4.9% |
| Fixed assets | 21/28 | €38,762 | €42,863 | +€4,100 | +10.6% |
| Intangible fixed assets | 21 | €0 | €0 | -€0 | -50.0% |
| Tangible fixed assets | 22/27 | €38,762 | €42,862 | +€4,100 | +10.6% |
| Plant, machinery and equipment | 23 | €3,668 | €1,945 | -€1,723 | -47.0% |
| Furniture and vehicles | 24 | €34,169 | €40,917 | +€6,748 | +19.7% |
| Other tangible fixed assets | 26 | €925 | €0 | -€925 | -100% |
| Current assets | 29/58 | €109,338 | €112,504 | +€3,165 | +2.9% |
| Stocks and contracts in progress | 3 | €9,500 | €0 | -€9,500 | -100% |
| Contracts in progress | 37 | €9,500 | €0 | -€9,500 | -100% |
| Amounts receivable within one year | 40/41 | €75,777 | €80,404 | +€4,626 | +6.1% |
| Trade receivables | 40 | €61,722 | €63,423 | +€1,701 | +2.8% |
| Other amounts receivable | 41 | €14,055 | €16,981 | +€2,926 | +20.8% |
| Cash at bank and in hand | 54/58 | €21,743 | €29,746 | +€8,003 | +36.8% |
| Deferred charges and accrued income | 490/1 | €2,318 | €2,354 | +€36 | +1.6% |
| Total equity and liabilities | 10/49 | €148,101 | €155,366 | +€7,265 | +4.9% |
| Equity | 10/15 | €51,844 | €55,349 | +€3,505 | +6.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €50,000 | +€5,000 | +11.1% |
| Distributable reserves | 133 | €45,000 | €50,000 | +€5,000 | +11.1% |
| Profit (loss) carried forward | 14 | €1,844 | €349 | -€1,495 | -81.1% |
| Amounts payable | 17/49 | €96,257 | €100,018 | +€3,761 | +3.9% |
| Amounts payable after more than one year | 17 | €21,946 | €29,139 | +€7,193 | +32.8% |
| Financial debts | 170/4 | €21,946 | €29,139 | +€7,193 | +32.8% |
| Amounts payable within one year | 42/48 | €74,311 | €70,878 | -€3,432 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €20,849 | €12,618 | -€8,231 | -39.5% |
| Financial debts | 43 | €802 | €3,366 | +€2,564 | +320% |
| Other loans | 439 | €802 | €3,366 | +€2,564 | +320% |
| Trade debts | 44 | €46,534 | €48,223 | +€1,689 | +3.6% |
| Suppliers | 440/4 | €46,534 | €48,223 | +€1,689 | +3.6% |
| Taxes, remuneration and social security | 45 | €1,827 | €0 | -€1,827 | -100% |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €1,827 | €0 | -€1,827 | -100% |
| Other amounts payable | 47/48 | €4,299 | €6,671 | +€2,372 | +55.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,602 | €18,369 | -€5,232 | -22.2% |
| Other operating charges | 640/8 | €973 | €5,420 | +€4,447 | +457% |
| Gross operating margin | 9900 | €38,679 | €30,709 | -€7,970 | -20.6% |
| Operating profit (loss) | 9901 | €14,104 | €6,919 | -€7,185 | -50.9% |
| Financial income | 75/76B | €62 | €169 | +€107 | +173% |
| Recurring financial income | 75 | €62 | €169 | +€107 | +173% |
| Financial charges | 65/66B | €897 | €1,891 | +€993 | +111% |
| Recurring financial charges | 65 | €897 | €1,891 | +€993 | +111% |
| Profit (loss) for the period before taxes | 9903 | €13,269 | €5,198 | -€8,071 | -60.8% |
| Income taxes | 67/77 | €2,922 | €1,693 | -€1,229 | -42.0% |
| Profit (loss) for the period | 9904 | €10,347 | €3,505 | -€6,843 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,347 | €3,505 | -€6,843 | -66.1% |
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 21 October 2026 via checked.be.