DBMV: 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.
DBMV
Largest movements
- Receivables after one year -€90,000
no longer reported in 2025 (was €90,000)
- Cash +€38,403
up €38,403 (+175.6%), from €21,872 to €60,275
mainly Receivables after one year (+€90,000) and Net result for the year (+€56,733)
- Tangible fixed assets -€27,555
down €27,555 (-25.3%), from €108,805 to €81,250
of which Furniture and vehicles: -€20,956
- Receivables within one year +€15,541
up €15,541 (+81.9%), from €18,970 to €34,511
of which Trade receivables: +€10,000
- Profit (loss) carried forward -€56,797
down €56,797 (-32.4%), from €175,339 to €118,542
- Other debts -€18,408
down €18,408 (-90.5%), from €20,349 to €1,940
- Tax, wage and social debts +€17,234
up €17,234 (+66.4%), from €25,972 to €43,206
of which Taxes: +€16,734
- Accrued charges and deferred income -€3,963
no longer reported in 2025 (was €3,963)
- Gross operating margin +€26,306
up €26,306 (+37.8%), from €69,561 to €95,866
- Depreciation +€16,168
up €16,168 (+142.0%), from €11,386 to €27,555
- Financial income +€2,161
up €2,161 (+63.9%), from €3,380 to €5,541
- Taxes +€1,640
up €1,640 (+12.1%), from €13,526 to €15,166
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 | €239,732 | €176,890 | -€62,842 | -26.2% |
| Fixed assets | 21/28 | €108,805 | €81,250 | -€27,555 | -25.3% |
| Tangible fixed assets | 22/27 | €108,805 | €81,250 | -€27,555 | -25.3% |
| Land and buildings | 22 | €7,708 | €6,698 | -€1,011 | -13.1% |
| Plant, machinery and equipment | 23 | €4,506 | €3,519 | -€987 | -21.9% |
| Furniture and vehicles | 24 | €53,685 | €32,729 | -€20,956 | -39.0% |
| Other tangible fixed assets | 26 | €42,906 | €38,304 | -€4,602 | -10.7% |
| Current assets | 29/58 | €130,927 | €95,640 | -€35,288 | -27.0% |
| Amounts receivable after more than one year | 29 | €90,000 | - | -€90,000 | |
| Trade receivables | 290 | €90,000 | - | -€90,000 | |
| Amounts receivable within one year | 40/41 | €18,970 | €34,511 | +€15,541 | +81.9% |
| Trade receivables | 40 | €15,730 | €25,730 | +€10,000 | +63.6% |
| Other amounts receivable | 41 | €3,240 | €8,781 | +€5,541 | +171.0% |
| Cash at bank and in hand | 54/58 | €21,872 | €60,275 | +€38,403 | +175.6% |
| Deferred charges and accrued income | 490/1 | €86 | €854 | +€768 | +896.0% |
| Total equity and liabilities | 10/49 | €239,732 | €176,890 | -€62,842 | -26.2% |
| Equity | 10/15 | €186,339 | €129,542 | -€56,797 | -30.5% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,339 | €118,542 | -€56,797 | -32.4% |
| Amounts payable | 17/49 | €53,393 | €47,348 | -€6,045 | -11.3% |
| Amounts payable within one year | 42/48 | €49,430 | €47,348 | -€2,083 | -4.2% |
| Trade debts | 44 | €3,109 | €2,201 | -€908 | -29.2% |
| Suppliers | 440/4 | €3,109 | €2,201 | -€908 | -29.2% |
| Taxes, remuneration and social security | 45 | €25,972 | €43,206 | +€17,234 | +66.4% |
| Taxes | 450/3 | €25,972 | €42,706 | +€16,734 | +64.4% |
| Remuneration and social security | 454/9 | - | €500 | +€500 | |
| Other amounts payable | 47/48 | €20,349 | €1,940 | -€18,408 | -90.5% |
| Accrued charges and deferred income | 492/3 | €3,963 | - | -€3,963 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,386 | €27,555 | +€16,168 | +142.0% |
| Other operating charges | 640/8 | €1,062 | €687 | -€375 | -35.3% |
| Gross operating margin | 9900 | €69,561 | €95,866 | +€26,306 | +37.8% |
| Operating profit (loss) | 9901 | €57,112 | €67,625 | +€10,513 | +18.4% |
| Financial income | 75/76B | €3,380 | €5,541 | +€2,161 | +63.9% |
| Recurring financial income | 75 | €3,380 | €5,541 | +€2,161 | +63.9% |
| Financial charges | 65/66B | €966 | €1,267 | +€301 | +31.1% |
| Recurring financial charges | 65 | €966 | €1,267 | +€301 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €59,526 | €71,899 | +€12,373 | +20.8% |
| Income taxes | 67/77 | €13,526 | €15,166 | +€1,640 | +12.1% |
| Profit (loss) for the period | 9904 | €46,000 | €56,733 | +€10,733 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,000 | €56,733 | +€10,733 | +23.3% |
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 29 September 2026 via checked.be.