DMBV: 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.
DMBV
Largest movements
- Tangible fixed assets -€12,220
down €12,220 (-3.8%), from €318,099 to €305,879
of which Land and buildings: -€10,394
- Deferred charges and accrued income +€5,119
new in 2025: €5,119
- Receivables within one year -€4,041
down €4,041 (-8.0%), from €50,408 to €46,367
of which Other amounts receivable: -€10,595
- Debts after one year -€22,393
down €22,393 (-11.1%), from €202,157 to €179,764
- Other debts +€9,822
up €9,822 (+22.8%), from €43,085 to €52,907
- Depreciation -€5,664
down €5,664 (-31.7%), from €17,885 to €12,220
- Gross operating margin +€5,107
up €5,107 (+28.1%), from €18,198 to €23,305
- Financial charges -€815
down €815 (-7.1%), from €11,460 to €10,646
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 | €369,622 | €358,668 | -€10,953 | -3.0% |
| Fixed assets | 21/28 | €318,099 | €305,879 | -€12,220 | -3.8% |
| Tangible fixed assets | 22/27 | €318,099 | €305,879 | -€12,220 | -3.8% |
| Land and buildings | 22 | €316,273 | €305,879 | -€10,394 | -3.3% |
| Furniture and vehicles | 24 | €1,827 | €0 | -€1,827 | -100.0% |
| Current assets | 29/58 | €51,523 | €52,790 | +€1,267 | +2.5% |
| Amounts receivable within one year | 40/41 | €50,408 | €46,367 | -€4,041 | -8.0% |
| Trade receivables | 40 | €35,602 | €42,155 | +€6,554 | +18.4% |
| Other amounts receivable | 41 | €14,806 | €4,211 | -€10,595 | -71.6% |
| Cash at bank and in hand | 54/58 | €1,115 | €1,304 | +€189 | +17.0% |
| Deferred charges and accrued income | 490/1 | - | €5,119 | +€5,119 | |
| Total equity and liabilities | 10/49 | €369,622 | €358,668 | -€10,953 | -3.0% |
| Equity | 10/15 | €92,604 | €90,025 | -€2,579 | -2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €86,404 | €83,825 | -€2,579 | -3.0% |
| Tax-exempt reserves | 132 | €606 | €606 | = | 0.0% |
| Distributable reserves | 133 | €85,798 | €83,218 | -€2,579 | -3.0% |
| Amounts payable | 17/49 | €277,018 | €268,644 | -€8,374 | -3.0% |
| Amounts payable after more than one year | 17 | €202,157 | €179,764 | -€22,393 | -11.1% |
| Financial debts | 170/4 | €202,157 | €179,764 | -€22,393 | -11.1% |
| Amounts payable within one year | 42/48 | €74,860 | €88,880 | +€14,019 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €21,433 | €22,393 | +€961 | +4.5% |
| Trade debts | 44 | €9,618 | €11,961 | +€2,342 | +24.4% |
| Suppliers | 440/4 | €9,618 | €11,961 | +€2,342 | +24.4% |
| Taxes, remuneration and social security | 45 | €724 | €1,618 | +€894 | +123.4% |
| Taxes | 450/3 | €724 | €1,618 | +€894 | +123.4% |
| Other amounts payable | 47/48 | €43,085 | €52,907 | +€9,822 | +22.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,885 | €12,220 | -€5,664 | -31.7% |
| Other operating charges | 640/8 | €3,083 | €2,876 | -€207 | -6.7% |
| Gross operating margin | 9900 | €18,198 | €23,305 | +€5,107 | +28.1% |
| Operating profit (loss) | 9901 | -€2,770 | €8,208 | +€10,978 | |
| Financial income | 75/76B | €2 | €110 | +€108 | +5375.0% |
| Recurring financial income | 75 | €2 | €110 | +€108 | +5375.0% |
| Financial charges | 65/66B | €11,460 | €10,646 | -€815 | -7.1% |
| Recurring financial charges | 65 | €11,460 | €10,646 | -€815 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,229 | -€2,328 | +€11,901 | +83.6% |
| Income taxes | 67/77 | €228 | €251 | +€24 | +10.4% |
| Profit (loss) for the period | 9904 | -€14,456 | -€2,579 | +€11,877 | +82.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,456 | -€2,579 | +€11,877 | +82.2% |
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 6 October 2026 via checked.be.