ANDRE DOSSERAY MANAGEMENT: 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.
ANDRE DOSSERAY MANAGEMENT
Largest movements
- Receivables within one year +€33,240
up €33,240 (+17.1%), from €194,871 to €228,111
of which Other amounts receivable: +€58,174
- Tangible fixed assets +€8,106
new in 2025: €8,106
- Other debts +€236,392
new in 2025: €236,392
- Reserves -€169,327
down €169,327 (-41.0%), from €412,845 to €243,517
- Advances received -€27,170
down €27,170 (-85.9%), from €31,647 to €4,477
- Tax, wage and social debts -€12,530
down €12,530 (-61.5%), from €20,386 to €7,856
- Current portion of long-term debt +€9,396
new in 2025: €9,396
- Gross operating margin -€26,571
down €26,571 (-19.2%), from €138,232 to €111,661
- Taxes -€7,711
down €7,711 (-16.8%), from €45,965 to €38,253
- Depreciation +€1,839
new in 2025: €1,839
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 | €576,099 | €612,703 | +€36,604 | +6.4% |
| Fixed assets | 21/28 | €360,163 | €368,269 | +€8,106 | +2.3% |
| Tangible fixed assets | 22/27 | - | €8,106 | +€8,106 | |
| Furniture and vehicles | 24 | - | €8,106 | +€8,106 | |
| Financial fixed assets | 28 | €360,163 | €360,163 | = | 0.0% |
| Current assets | 29/58 | €215,936 | €244,434 | +€28,499 | +13.2% |
| Amounts receivable within one year | 40/41 | €194,871 | €228,111 | +€33,240 | +17.1% |
| Trade receivables | 40 | €28,634 | €3,700 | -€24,934 | -87.1% |
| Other amounts receivable | 41 | €166,237 | €224,411 | +€58,174 | +35.0% |
| Cash at bank and in hand | 54/58 | €21,064 | €16,323 | -€4,741 | -22.5% |
| Total equity and liabilities | 10/49 | €576,099 | €612,703 | +€36,604 | +6.4% |
| Equity | 10/15 | €522,069 | €352,741 | -€169,327 | -32.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €412,845 | €243,517 | -€169,327 | -41.0% |
| Distributable reserves | 133 | €412,845 | €243,517 | -€169,327 | -41.0% |
| Profit (loss) carried forward | 14 | €96,824 | €96,824 | = | 0.0% |
| Amounts payable | 17/49 | €54,030 | €259,962 | +€205,932 | +381% |
| Amounts payable within one year | 42/48 | €54,030 | €259,962 | +€205,932 | +381% |
| Current portion of amounts payable after more than one year | 42 | - | €9,396 | +€9,396 | |
| Financial debts | 43 | - | €115 | +€115 | |
| Credit institutions | 430/8 | - | €115 | +€115 | |
| Trade debts | 44 | €1,996 | €1,727 | -€270 | -13.5% |
| Suppliers | 440/4 | €1,996 | €1,727 | -€270 | -13.5% |
| Advances received on contracts in progress | 46 | €31,647 | €4,477 | -€27,170 | -85.9% |
| Taxes, remuneration and social security | 45 | €20,386 | €7,856 | -€12,530 | -61.5% |
| Taxes | 450/3 | €20,386 | €7,856 | -€12,530 | -61.5% |
| Other amounts payable | 47/48 | - | €236,392 | +€236,392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,839 | +€1,839 | |
| Other operating charges | 640/8 | €1,343 | €1,381 | +€38 | +2.8% |
| Gross operating margin | 9900 | €138,232 | €111,661 | -€26,571 | -19.2% |
| Operating profit (loss) | 9901 | €136,888 | €108,440 | -€28,448 | -20.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,915 | €3,123 | +€208 | +7.1% |
| Recurring financial charges | 65 | €2,915 | €3,123 | +€208 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €133,973 | €105,317 | -€28,656 | -21.4% |
| Income taxes | 67/77 | €45,965 | €38,253 | -€7,711 | -16.8% |
| Profit (loss) for the period | 9904 | €88,009 | €67,064 | -€20,945 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €88,009 | €67,064 | -€20,945 | -23.8% |
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 24 October 2026 via checked.be.