DXB: 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.
DXB
Largest movements
- Cash +€22,377
up €22,377 (+53.6%), from €41,736 to €64,113
mainly Net result for the year (+€42,787) and Depreciation (+€24,237)
- Tangible fixed assets +€17,489
up €17,489 (+30.5%), from €57,412 to €74,901
of which Other tangible fixed assets: +€33,488
- Receivables within one year -€8,156
down €8,156 (-28.5%), from €28,661 to €20,505
- Reserves +€42,789
up €42,789 (+49.1%), from €87,110 to €129,899
- Debts after one year -€11,969
down €11,969 (-36.4%), from €32,873 to €20,904
- Gross operating margin +€15,513
up €15,513 (+22.7%), from €68,197 to €83,710
- Depreciation +€7,137
up €7,137 (+41.7%), from €17,100 to €24,237
- Other operating charges -€1,217
down €1,217 (-33.5%), from €3,636 to €2,420
- Taxes +€1,040
up €1,040 (+9.4%), from €11,119 to €12,159
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 | €150,002 | €182,882 | +€32,880 | +21.9% |
| Fixed assets | 21/28 | €59,612 | €77,101 | +€17,489 | +29.3% |
| Tangible fixed assets | 22/27 | €57,412 | €74,901 | +€17,489 | +30.5% |
| Furniture and vehicles | 24 | €5,055 | €2,561 | -€2,494 | -49.3% |
| Leasing and similar rights | 25 | €35,594 | €22,089 | -€13,505 | -37.9% |
| Other tangible fixed assets | 26 | €16,764 | €50,251 | +€33,488 | +199.8% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €90,389 | €105,781 | +€15,392 | +17.0% |
| Amounts receivable within one year | 40/41 | €28,661 | €20,505 | -€8,156 | -28.5% |
| Trade receivables | 40 | €28,661 | €20,505 | -€8,156 | -28.5% |
| Current investments | 50/53 | €17,000 | €17,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,736 | €64,113 | +€22,377 | +53.6% |
| Deferred charges and accrued income | 490/1 | €2,992 | €4,162 | +€1,170 | +39.1% |
| Total equity and liabilities | 10/49 | €150,002 | €182,882 | +€32,880 | +21.9% |
| Equity | 10/15 | €89,612 | €132,399 | +€42,787 | +47.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €87,110 | €129,899 | +€42,789 | +49.1% |
| Distributable reserves | 133 | €87,110 | €129,899 | +€42,789 | +49.1% |
| Profit (loss) carried forward | 14 | €2 | €0 | -€2 | -100.0% |
| Amounts payable | 17/49 | €60,390 | €50,483 | -€9,907 | -16.4% |
| Amounts payable after more than one year | 17 | €32,873 | €20,904 | -€11,969 | -36.4% |
| Financial debts | 170/4 | €32,873 | €20,904 | -€11,969 | -36.4% |
| Amounts payable within one year | 42/48 | €27,077 | €29,579 | +€2,502 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €11,771 | €11,969 | +€198 | +1.7% |
| Trade debts | 44 | €2,940 | €3,350 | +€410 | +13.9% |
| Suppliers | 440/4 | €2,940 | €3,350 | +€410 | +13.9% |
| Taxes, remuneration and social security | 45 | €12,366 | €13,360 | +€994 | +8.0% |
| Taxes | 450/3 | €12,341 | €13,360 | +€1,020 | +8.3% |
| Remuneration and social security | 454/9 | €26 | €0 | -€26 | -100.0% |
| Other amounts payable | 47/48 | - | €899 | +€899 | |
| Accrued charges and deferred income | 492/3 | €439 | €0 | -€439 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,100 | €24,237 | +€7,137 | +41.7% |
| Other operating charges | 640/8 | €3,636 | €2,420 | -€1,217 | -33.5% |
| Gross operating margin | 9900 | €68,197 | €83,710 | +€15,513 | +22.7% |
| Operating profit (loss) | 9901 | €47,461 | €57,054 | +€9,593 | +20.2% |
| Financial income | 75/76B | €90 | €471 | +€381 | +423.7% |
| Recurring financial income | 75 | €90 | €471 | +€381 | +423.7% |
| Financial charges | 65/66B | €1,895 | €2,579 | +€684 | +36.1% |
| Recurring financial charges | 65 | €1,895 | €2,579 | +€684 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €45,656 | €54,946 | +€9,290 | +20.3% |
| Income taxes | 67/77 | €11,119 | €12,159 | +€1,040 | +9.4% |
| Profit (loss) for the period | 9904 | €34,537 | €42,787 | +€8,250 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,537 | €42,787 | +€8,250 | +23.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.