DBN MATERIELS: 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.
DBN MATERIELS
Largest movements
- Stocks and contracts -€769,940
down €769,940 (-33.9%), from €2.3m to €1.5m
- Receivables within one year -€254,461
down €254,461 (-19.6%), from €1.3m to €1.0m
of which Other amounts receivable: -€200,143
- Tangible fixed assets -€139,778
down €139,778 (-10.1%), from €1.4m to €1.2m
- Cash -€61,166
down €61,166 (-72.2%), from €84,746 to €23,580
mainly Trade debts (-€961,676) and Debts after one year (-€349,055)
- Trade debts -€961,676
down €961,676 (-68.4%), from €1.4m to €443,860
- Debts after one year -€349,055
down €349,055 (-14.7%), from €2.4m to €2.0m
- Profit (loss) carried forward +€171,046
up €171,046 (+53.2%), from €321,736 to €492,782
- Advances received -€115,000
down €115,000 (-53.5%), from €215,000 to €100,000
- Gross operating margin +€569,839
up €569,839 (+300%), from €190,017 to €759,855
- Financial income -€263,680
down €263,680 (-99.8%), from €264,222 to €542
of which Financial income: -€246,232
- Write-downs +€189,878
up €189,878, from -€159,173 to €30,705
- Staff costs +€45,581
up €45,581 (+20.6%), from €221,055 to €266,636
- Other operating charges -€31,065
down €31,065 (-62.1%), from €50,046 to €18,981
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 | €5,056,382 | €3,829,375 | -€1.2m | -24.3% |
| Fixed assets | 21/28 | €1,382,145 | €1,242,367 | -€139,778 | -10.1% |
| Tangible fixed assets | 22/27 | €1,382,145 | €1,242,367 | -€139,778 | -10.1% |
| Land and buildings | 22 | €1,008,154 | €947,735 | -€60,419 | -6.0% |
| Plant, machinery and equipment | 23 | €22,264 | €11,707 | -€10,557 | -47.4% |
| Furniture and vehicles | 24 | €55,351 | €35,868 | -€19,483 | -35.2% |
| Leasing and similar rights | 25 | €296,376 | €247,057 | -€49,319 | -16.6% |
| Current assets | 29/58 | €3,674,237 | €2,587,007 | -€1.1m | -29.6% |
| Stocks and contracts in progress | 3 | €2,269,615 | €1,499,675 | -€769,940 | -33.9% |
| Stocks | 30/36 | €2,269,615 | €1,499,675 | -€769,940 | -33.9% |
| Amounts receivable within one year | 40/41 | €1,298,388 | €1,043,926 | -€254,461 | -19.6% |
| Trade receivables | 40 | €1,084,786 | €1,030,468 | -€54,318 | -5.0% |
| Other amounts receivable | 41 | €213,601 | €13,458 | -€200,143 | -93.7% |
| Cash at bank and in hand | 54/58 | €84,746 | €23,580 | -€61,166 | -72.2% |
| Deferred charges and accrued income | 490/1 | €21,488 | €19,826 | -€1,662 | -7.7% |
| Total equity and liabilities | 10/49 | €5,056,382 | €3,829,375 | -€1.2m | -24.3% |
| Equity | 10/15 | €621,736 | €792,782 | +€171,046 | +27.5% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €321,736 | €492,782 | +€171,046 | +53.2% |
| Amounts payable | 17/49 | €4,434,646 | €3,036,593 | -€1.4m | -31.5% |
| Amounts payable after more than one year | 17 | €2,378,016 | €2,028,962 | -€349,055 | -14.7% |
| Financial debts | 170/4 | €2,378,016 | €2,028,962 | -€349,055 | -14.7% |
| Amounts payable within one year | 42/48 | €2,025,785 | €990,405 | -€1.0m | -51.1% |
| Current portion of amounts payable after more than one year | 42 | €340,827 | €349,039 | +€8,212 | +2.4% |
| Trade debts | 44 | €1,405,536 | €443,860 | -€961,676 | -68.4% |
| Suppliers | 440/4 | €1,405,536 | €443,860 | -€961,676 | -68.4% |
| Advances received on contracts in progress | 46 | €215,000 | €100,000 | -€115,000 | -53.5% |
| Taxes, remuneration and social security | 45 | €40,287 | €66,466 | +€26,179 | +65.0% |
| Taxes | 450/3 | €4,237 | €19,486 | +€15,249 | +360% |
| Remuneration and social security | 454/9 | €36,050 | €46,980 | +€10,930 | +30.3% |
| Other amounts payable | 47/48 | €24,136 | €31,041 | +€6,905 | +28.6% |
| Accrued charges and deferred income | 492/3 | €30,845 | €17,226 | -€13,619 | -44.2% |
| Remuneration, social security and pensions | 62 | €221,055 | €266,636 | +€45,581 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,786 | €140,892 | +€18,106 | +14.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€159,173 | €30,705 | +€189,878 | |
| Other operating charges | 640/8 | €50,046 | €18,981 | -€31,065 | -62.1% |
| Gross operating margin | 9900 | €190,017 | €759,855 | +€569,839 | +300% |
| Operating profit (loss) | 9901 | -€44,698 | €302,641 | +€347,339 | |
| Financial income | 75/76B | €264,222 | €542 | -€263,680 | -99.8% |
| Recurring financial income | 75 | €246,775 | €542 | -€246,232 | -99.8% |
| Non-recurring financial income | 76B | €17,447 | - | -€17,447 | |
| Financial charges | 65/66B | €97,004 | €113,031 | +€16,027 | +16.5% |
| Recurring financial charges | 65 | €97,004 | €113,031 | +€16,027 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €122,520 | €190,152 | +€67,632 | +55.2% |
| Income taxes | 67/77 | €734 | €19,106 | +€18,372 | +2,504% |
| Profit (loss) for the period | 9904 | €121,786 | €171,046 | +€49,260 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €121,786 | €171,046 | +€49,260 | +40.4% |
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 1 November 2026 via checked.be.