DBS & K: 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.
DBS & K
Largest movements
- Current investments +€623,606
up €623,606 (+70.3%), from €886,889 to €1.5m
- Receivables within one year -€356,086
down €356,086 (-98.2%), from €362,786 to €6,700
of which Other amounts receivable: -€335,842
- Financial fixed assets -€235,000
down €235,000 (-6.9%), from €3.4m to €3.2m
- Cash -€100,223
down €100,223 (-83.0%), from €120,781 to €20,558
mainly Current investments (-€623,606) and Accrued charges and deferred income (-€170,451)
- Other debts +€217,291
up €217,291 (+24.4%), from €890,348 to €1.1m
- Accrued charges and deferred income -€170,451
down €170,451 (-52.2%), from €326,471 to €156,020
- Profit (loss) carried forward -€137,527
down €137,527 (-9.1%), from €1.5m to €1.4m
- Financial income -€123,907
down €123,907 (-69.8%), from €177,576 to €53,669
- Financial charges -€43,915
down €43,915 (-18.6%), from €236,531 to €192,617
- Gross operating margin -€15,105
down €15,105 (-75.7%), from €19,956 to €4,851
- Other operating charges +€1,540
up €1,540 (+160%), from €960 to €2,500
- Taxes +€806
up €806 (+650%), from €124 to €930
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 | €4,831,399 | €4,743,092 | -€88,307 | -1.8% |
| Fixed assets | 21/28 | €3,430,000 | €3,195,000 | -€235,000 | -6.9% |
| Financial fixed assets | 28 | €3,430,000 | €3,195,000 | -€235,000 | -6.9% |
| Current assets | 29/58 | €1,401,399 | €1,548,092 | +€146,693 | +10.5% |
| Amounts receivable within one year | 40/41 | €362,786 | €6,700 | -€356,086 | -98.2% |
| Trade receivables | 40 | €20,245 | - | -€20,245 | |
| Other amounts receivable | 41 | €342,542 | €6,700 | -€335,842 | -98.0% |
| Current investments | 50/53 | €886,889 | €1,510,495 | +€623,606 | +70.3% |
| Cash at bank and in hand | 54/58 | €120,781 | €20,558 | -€100,223 | -83.0% |
| Deferred charges and accrued income | 490/1 | €30,943 | €10,338 | -€20,605 | -66.6% |
| Total equity and liabilities | 10/49 | €4,831,399 | €4,743,092 | -€88,307 | -1.8% |
| Equity | 10/15 | €1,527,595 | €1,390,068 | -€137,527 | -9.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,505,595 | €1,368,068 | -€137,527 | -9.1% |
| Amounts payable | 17/49 | €3,303,804 | €3,353,023 | +€49,220 | +1.5% |
| Amounts payable after more than one year | 17 | €2,086,984 | €2,076,285 | -€10,699 | -0.5% |
| Other amounts payable | 178/9 | €2,086,984 | €2,076,285 | -€10,699 | -0.5% |
| Amounts payable within one year | 42/48 | €890,348 | €1,120,718 | +€230,370 | +25.9% |
| Trade debts | 44 | - | €13,078 | +€13,078 | |
| Suppliers | 440/4 | - | €13,078 | +€13,078 | |
| Other amounts payable | 47/48 | €890,348 | €1,107,640 | +€217,291 | +24.4% |
| Accrued charges and deferred income | 492/3 | €326,471 | €156,020 | -€170,451 | -52.2% |
| Other operating charges | 640/8 | €960 | €2,500 | +€1,540 | +160% |
| Gross operating margin | 9900 | €19,956 | €4,851 | -€15,105 | -75.7% |
| Operating profit (loss) | 9901 | €18,996 | €2,350 | -€16,646 | -87.6% |
| Financial income | 75/76B | €177,576 | €53,669 | -€123,907 | -69.8% |
| Recurring financial income | 75 | €177,576 | €53,669 | -€123,907 | -69.8% |
| Financial charges | 65/66B | €236,531 | €192,617 | -€43,915 | -18.6% |
| Recurring financial charges | 65 | €236,531 | €192,617 | -€43,915 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€39,959 | -€136,597 | -€96,638 | -242% |
| Income taxes | 67/77 | €124 | €930 | +€806 | +650% |
| Profit (loss) for the period | 9904 | -€40,083 | -€137,527 | -€97,444 | -243% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,083 | -€137,527 | -€97,444 | -243% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.