DFB Infra: 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.
DFB Infra
Largest movements
- Tangible fixed assets -€19,807
down €19,807 (-97.0%), from €20,424 to €617
- Cash -€13,426
down €13,426 (-72.4%), from €18,536 to €5,109
mainly Net result for the year (-€21,683) and Trade debts (-€16,771)
- Receivables within one year -€544
down €544 (-3.7%), from €14,589 to €14,044
of which Other amounts receivable: -€5,044
- Reserves -€21,683
down €21,683 (-82.3%), from €26,334 to €4,650
- Trade debts -€16,771
down €16,771 (-69.2%), from €24,252 to €7,481
- Other debts +€3,827
new in 2025: €3,827
- Tax, wage and social debts +€874
up €874 (+74.6%), from €1,172 to €2,047
- Write-downs +€81,423
no longer reported in 2025 (was -€81,423)
- Gross operating margin +€56,887
up €56,887 (+86.7%), from -€65,634 to -€8,747
- Other operating charges -€6,970
down €6,970 (-94.6%), from €7,370 to €400
- Taxes -€3,172
no longer reported in 2025 (was €3,172)
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 | €54,257 | €20,505 | -€33,753 | -62.2% |
| Fixed assets | 21/28 | €20,424 | €617 | -€19,807 | -97.0% |
| Tangible fixed assets | 22/27 | €20,424 | €617 | -€19,807 | -97.0% |
| Plant, machinery and equipment | 23 | €20,424 | €617 | -€19,807 | -97.0% |
| Current assets | 29/58 | €33,833 | €19,887 | -€13,946 | -41.2% |
| Amounts receivable within one year | 40/41 | €14,589 | €14,044 | -€544 | -3.7% |
| Trade receivables | 40 | €8,044 | €12,544 | +€4,500 | +55.9% |
| Other amounts receivable | 41 | €6,544 | €1,500 | -€5,044 | -77.1% |
| Cash at bank and in hand | 54/58 | €18,536 | €5,109 | -€13,426 | -72.4% |
| Deferred charges and accrued income | 490/1 | €709 | €734 | +€25 | +3.5% |
| Total equity and liabilities | 10/49 | €54,257 | €20,505 | -€33,753 | -62.2% |
| Equity | 10/15 | €28,834 | €7,150 | -€21,683 | -75.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €26,334 | €4,650 | -€21,683 | -82.3% |
| Distributable reserves | 133 | €26,334 | €4,650 | -€21,683 | -82.3% |
| Amounts payable | 17/49 | €25,424 | €13,354 | -€12,070 | -47.5% |
| Amounts payable within one year | 42/48 | €25,424 | €13,354 | -€12,070 | -47.5% |
| Trade debts | 44 | €24,252 | €7,481 | -€16,771 | -69.2% |
| Suppliers | 440/4 | €24,252 | €7,481 | -€16,771 | -69.2% |
| Taxes, remuneration and social security | 45 | €1,172 | €2,047 | +€874 | +74.6% |
| Taxes | 450/3 | €1,172 | €2,047 | +€874 | +74.6% |
| Other amounts payable | 47/48 | - | €3,827 | +€3,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €663 | €305 | -€358 | -54.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€81,423 | - | +€81,423 | |
| Other operating charges | 640/8 | €7,370 | €400 | -€6,970 | -94.6% |
| Non-recurring operating charges | 66A | €912 | €11,651 | +€10,738 | +1,177% |
| Gross operating margin | 9900 | -€65,634 | -€8,747 | +€56,887 | +86.7% |
| Operating profit (loss) | 9901 | €6,843 | -€21,103 | -€27,946 | |
| Financial income | 75/76B | €31 | - | -€31 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Financial charges | 65/66B | €153 | €580 | +€426 | +278% |
| Recurring financial charges | 65 | €153 | €580 | +€426 | +278% |
| Profit (loss) for the period before taxes | 9903 | €6,720 | -€21,683 | -€28,403 | |
| Income taxes | 67/77 | €3,172 | - | -€3,172 | |
| Profit (loss) for the period | 9904 | €3,548 | -€21,683 | -€25,231 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,548 | -€21,683 | -€25,231 |
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 19 October 2026 via checked.be.