DR BETS: 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.
DR BETS
Largest movements
- Cash -€32,739
down €32,739 (-50.6%), from €64,660 to €31,920
mainly Contributions, distributions and other (-€54,000) and Current portion of long-term debt (-€35,725)
- Intangible fixed assets -€18,500
down €18,500 (-26.1%), from €70,917 to €52,417
- Tangible fixed assets -€11,154
down €11,154 (-82.8%), from €13,467 to €2,313
- Deferred charges and accrued income -€8,776
down €8,776 (-51.5%), from €17,026 to €8,250
- Reserves -€54,000
down €54,000 (-41.3%), from €130,860 to €76,860
of which Distributable reserves: -€54,000
- Current portion of long-term debt -€35,725
down €35,725 (-93.1%), from €38,361 to €2,636
- Other debts +€33,165
up €33,165, from €0 to €33,165
- Trade debts -€21,087
down €21,087 (-77.1%), from €27,352 to €6,265
- Tax, wage and social debts +€9,600
up €9,600 (+21.6%), from €44,393 to €53,993
of which Taxes: +€9,600
- Gross operating margin -€96,682
down €96,682 (-70.5%), from €137,144 to €40,462
- Taxes -€29,442
down €29,442 (-91.4%), from €32,221 to €2,779
- Depreciation -€1,958
down €1,958 (-6.0%), from €32,911 to €30,953
- Financial charges -€1,784
down €1,784 (-24.9%), from €7,169 to €5,385
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 | €269,125 | €199,064 | -€70,061 | -26.0% |
| Fixed assets | 21/28 | €84,383 | €54,730 | -€29,654 | -35.1% |
| Intangible fixed assets | 21 | €70,917 | €52,417 | -€18,500 | -26.1% |
| Tangible fixed assets | 22/27 | €13,467 | €2,313 | -€11,154 | -82.8% |
| Furniture and vehicles | 24 | €13,467 | €2,313 | -€11,154 | -82.8% |
| Current assets | 29/58 | €184,742 | €144,335 | -€40,407 | -21.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €103,056 | €104,164 | +€1,108 | +1.1% |
| Trade receivables | 40 | €2,716 | €27,112 | +€24,396 | +898.3% |
| Other amounts receivable | 41 | €100,340 | €77,052 | -€23,288 | -23.2% |
| Cash at bank and in hand | 54/58 | €64,660 | €31,920 | -€32,739 | -50.6% |
| Deferred charges and accrued income | 490/1 | €17,026 | €8,250 | -€8,776 | -51.5% |
| Total equity and liabilities | 10/49 | €269,125 | €199,064 | -€70,061 | -26.0% |
| Equity | 10/15 | €156,383 | €103,005 | -€53,378 | -34.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €130,860 | €76,860 | -€54,000 | -41.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €129,000 | €75,000 | -€54,000 | -41.9% |
| Profit (loss) carried forward | 14 | €6,923 | €7,545 | +€622 | +9.0% |
| Amounts payable | 17/49 | €112,742 | €96,059 | -€16,683 | -14.8% |
| Amounts payable after more than one year | 17 | €2,636 | - | -€2,636 | |
| Financial debts | 170/4 | €2,636 | - | -€2,636 | |
| Amounts payable within one year | 42/48 | €110,106 | €96,059 | -€14,047 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €38,361 | €2,636 | -€35,725 | -93.1% |
| Trade debts | 44 | €27,352 | €6,265 | -€21,087 | -77.1% |
| Suppliers | 440/4 | €27,352 | €6,265 | -€21,087 | -77.1% |
| Taxes, remuneration and social security | 45 | €44,393 | €53,993 | +€9,600 | +21.6% |
| Taxes | 450/3 | €44,393 | €53,993 | +€9,600 | +21.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €33,165 | +€33,165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,911 | €30,953 | -€1,958 | -6.0% |
| Other operating charges | 640/8 | €113 | €723 | +€610 | +537.2% |
| Gross operating margin | 9900 | €137,144 | €40,462 | -€96,682 | -70.5% |
| Operating profit (loss) | 9901 | €104,119 | €8,786 | -€95,333 | -91.6% |
| Financial income | 75/76B | €332 | - | -€332 | |
| Recurring financial income | 75 | €332 | - | -€332 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,169 | €5,385 | -€1,784 | -24.9% |
| Recurring financial charges | 65 | €7,169 | €5,385 | -€1,784 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €97,282 | €3,402 | -€93,880 | -96.5% |
| Income taxes | 67/77 | €32,221 | €2,779 | -€29,442 | -91.4% |
| Profit (loss) for the period | 9904 | €65,061 | €622 | -€64,439 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,061 | €622 | -€64,439 | -99.0% |
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 4 October 2026 via checked.be.