DYBAS: what changed
DYBAS
Largest movements
- Receivables after one year +€2.0m
up €2.0m (+283%), from €705,833 to €2.7m
- Receivables within one year -€1.2m
down €1.2m (-99.8%), from €1.2m to €1,746
- Tangible fixed assets -€36,643
down €36,643 (-27.9%), from €131,520 to €94,877
- Cash -€35,742
down €35,742 (-21.1%), from €169,251 to €133,509
mainly Receivables after one year (-€2.0m) and Contributions, distributions and other (-€182,640)
- Reserves +€490,813
up €490,813 (+23.0%), from €2.1m to €2.6m
of which Distributable reserves: +€492,813
- Debts after one year +€200,000
new in 2025: €200,000
- Tax, wage and social debts +€69,440
up €69,440 (+337%), from €20,611 to €90,051
of which Taxes: +€66,748
- Financial income -€1.2m
down €1.2m (-59.2%), from €2.1m to €862,151
- Taxes +€66,361
up €66,361 (+4,123%), from €1,610 to €67,970
- Gross operating margin -€18,343
down €18,343 (-70.4%), from €26,070 to €7,727
- Other operating charges -€7,811
down €7,811 (-38.6%), from €20,236 to €12,425
- Staff costs +€5,659
up €5,659 (+7.8%), from €72,532 to €78,191
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,174,404 | €2,941,131 | +€766,727 | +35.3% |
| Fixed assets | 21/28 | €140,193 | €103,550 | -€36,643 | -26.1% |
| Tangible fixed assets | 22/27 | €131,520 | €94,877 | -€36,643 | -27.9% |
| Furniture and vehicles | 24 | €131,520 | €94,877 | -€36,643 | -27.9% |
| Financial fixed assets | 28 | €8,673 | €8,673 | = | 0.0% |
| Current assets | 29/58 | €2,034,211 | €2,837,581 | +€803,370 | +39.5% |
| Amounts receivable after more than one year | 29 | €705,833 | €2,700,000 | +€2.0m | +283% |
| Other amounts receivable | 291 | €705,833 | €2,700,000 | +€2.0m | +283% |
| Amounts receivable within one year | 40/41 | €1,152,737 | €1,746 | -€1.2m | -99.8% |
| Other amounts receivable | 41 | €1,152,737 | €1,746 | -€1.2m | -99.8% |
| Cash at bank and in hand | 54/58 | €169,251 | €133,509 | -€35,742 | -21.1% |
| Deferred charges and accrued income | 490/1 | €6,390 | €2,326 | -€4,064 | -63.6% |
| Total equity and liabilities | 10/49 | €2,174,404 | €2,941,131 | +€766,727 | +35.3% |
| Equity | 10/15 | €2,152,642 | €2,643,456 | +€490,813 | +22.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,132,642 | €2,623,456 | +€490,813 | +23.0% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100% |
| Distributable reserves | 133 | €2,130,642 | €2,623,456 | +€492,813 | +23.1% |
| Amounts payable | 17/49 | €21,762 | €297,676 | +€275,914 | +1,268% |
| Amounts payable after more than one year | 17 | - | €200,000 | +€200,000 | |
| Financial debts | 170/4 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €21,762 | €96,509 | +€74,747 | +343% |
| Trade debts | 44 | €832 | €6,408 | +€5,575 | +670% |
| Suppliers | 440/4 | €832 | €6,408 | +€5,575 | +670% |
| Taxes, remuneration and social security | 45 | €20,611 | €90,051 | +€69,440 | +337% |
| Taxes | 450/3 | €5,082 | €71,830 | +€66,748 | +1,314% |
| Remuneration and social security | 454/9 | €15,530 | €18,221 | +€2,691 | +17.3% |
| Other amounts payable | 47/48 | €318 | €50 | -€268 | -84.2% |
| Accrued charges and deferred income | 492/3 | - | €1,167 | +€1,167 | |
| Remuneration, social security and pensions | 62 | €72,532 | €78,191 | +€5,659 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,292 | €36,643 | +€2,350 | +6.9% |
| Other operating charges | 640/8 | €20,236 | €12,425 | -€7,811 | -38.6% |
| Gross operating margin | 9900 | €26,070 | €7,727 | -€18,343 | -70.4% |
| Operating profit (loss) | 9901 | -€100,991 | -€119,532 | -€18,541 | -18.4% |
| Financial income | 75/76B | €2,111,862 | €862,151 | -€1.2m | -59.2% |
| Recurring financial income | 75 | €2,111,862 | €862,151 | -€1.2m | -59.2% |
| Financial charges | 65/66B | €227 | €1,196 | +€969 | +426% |
| Recurring financial charges | 65 | €227 | €1,196 | +€969 | +426% |
| Profit (loss) for the period before taxes | 9903 | €2,010,644 | €741,423 | -€1.3m | -63.1% |
| Income taxes | 67/77 | €1,610 | €67,970 | +€66,361 | +4,123% |
| Profit (loss) for the period | 9904 | €2,009,035 | €673,453 | -€1.3m | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,009,035 | €673,453 | -€1.3m | -66.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.