AS DUBRU: 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.
AS DUBRU
Largest movements
- Tangible fixed assets +€82,333
up €82,333 (+29.6%), from €278,018 to €360,352
of which Furniture and vehicles: +€73,569
- Cash +€60,026
up €60,026 (+31.6%), from €189,849 to €249,875
mainly Debts after one year (+€77,156) and Depreciation (+€62,682)
- Receivables within one year -€32,891
down €32,891 (-48.5%), from €67,858 to €34,968
of which Other amounts receivable: -€38,426
- Stocks and contracts +€21,966
up €21,966 (+75.1%), from €29,265 to €51,231
- Intangible fixed assets -€14,841
down €14,841 (-96.7%), from €15,350 to €509
- Debts after one year +€77,156
up €77,156 (+77.8%), from €99,177 to €176,333
- Current portion of long-term debt +€28,238
up €28,238 (+30.6%), from €92,131 to €120,369
- Other debts -€27,380
down €27,380 (-41.7%), from €65,583 to €38,202
- Profit (loss) carried forward +€26,501
up €26,501 (+37.4%), from €70,928 to €97,429
- Trade debts +€23,142
up €23,142 (+24.1%), from €96,123 to €119,264
- Staff costs +€164,729
up €164,729 (+28.9%), from €569,329 to €734,058
- Gross operating margin +€120,728
up €120,728 (+15.3%), from €789,118 to €909,846
- Other operating charges +€41,317
up €41,317 (+244%), from €16,945 to €58,261
- Financial income +€10,157
up €10,157 (+1,281%), from €793 to €10,950
of which Non-recurring financial income: +€6,625
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 | €588,372 | €704,607 | +€116,234 | +19.8% |
| Fixed assets | 21/28 | €296,916 | €364,408 | +€67,492 | +22.7% |
| Intangible fixed assets | 21 | €15,350 | €509 | -€14,841 | -96.7% |
| Tangible fixed assets | 22/27 | €278,018 | €360,352 | +€82,333 | +29.6% |
| Land and buildings | 22 | €16,242 | €14,224 | -€2,019 | -12.4% |
| Plant, machinery and equipment | 23 | €93,327 | €85,960 | -€7,367 | -7.9% |
| Furniture and vehicles | 24 | €50,482 | €124,051 | +€73,569 | +146% |
| Leasing and similar rights | 25 | €25,648 | €33,993 | +€8,345 | +32.5% |
| Other tangible fixed assets | 26 | €92,318 | €102,123 | +€9,805 | +10.6% |
| Financial fixed assets | 28 | €3,548 | €3,548 | = | 0.0% |
| Current assets | 29/58 | €291,457 | €340,198 | +€48,742 | +16.7% |
| Stocks and contracts in progress | 3 | €29,265 | €51,231 | +€21,966 | +75.1% |
| Stocks | 30/36 | €29,265 | €51,231 | +€21,966 | +75.1% |
| Amounts receivable within one year | 40/41 | €67,858 | €34,968 | -€32,891 | -48.5% |
| Trade receivables | 40 | €125 | €5,660 | +€5,535 | +4,435% |
| Other amounts receivable | 41 | €67,734 | €29,307 | -€38,426 | -56.7% |
| Cash at bank and in hand | 54/58 | €189,849 | €249,875 | +€60,026 | +31.6% |
| Deferred charges and accrued income | 490/1 | €4,484 | €4,125 | -€359 | -8.0% |
| Total equity and liabilities | 10/49 | €588,372 | €704,607 | +€116,234 | +19.8% |
| Equity | 10/15 | €89,528 | €116,029 | +€26,501 | +29.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €70,928 | €97,429 | +€26,501 | +37.4% |
| Amounts payable | 17/49 | €498,844 | €588,578 | +€89,733 | +18.0% |
| Amounts payable after more than one year | 17 | €99,177 | €176,333 | +€77,156 | +77.8% |
| Financial debts | 170/4 | €99,177 | €176,333 | +€77,156 | +77.8% |
| Amounts payable within one year | 42/48 | €399,668 | €410,171 | +€10,503 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €92,131 | €120,369 | +€28,238 | +30.6% |
| Financial debts | 43 | €62,000 | €41,000 | -€21,000 | -33.9% |
| Credit institutions | 430/8 | €62,000 | €41,000 | -€21,000 | -33.9% |
| Trade debts | 44 | €96,123 | €119,264 | +€23,142 | +24.1% |
| Suppliers | 440/4 | €96,123 | €119,264 | +€23,142 | +24.1% |
| Taxes, remuneration and social security | 45 | €83,831 | €91,335 | +€7,504 | +9.0% |
| Taxes | 450/3 | €18,151 | €1,002 | -€17,148 | -94.5% |
| Remuneration and social security | 454/9 | €65,680 | €90,332 | +€24,652 | +37.5% |
| Other amounts payable | 47/48 | €65,583 | €38,202 | -€27,380 | -41.7% |
| Accrued charges and deferred income | 492/3 | - | €2,074 | +€2,074 | |
| Remuneration, social security and pensions | 62 | €569,329 | €734,058 | +€164,729 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,236 | €62,682 | +€2,446 | +4.1% |
| Other operating charges | 640/8 | €16,945 | €58,261 | +€41,317 | +244% |
| Gross operating margin | 9900 | €789,118 | €909,846 | +€120,728 | +15.3% |
| Operating profit (loss) | 9901 | €142,609 | €54,845 | -€87,764 | -61.5% |
| Financial income | 75/76B | €793 | €10,950 | +€10,157 | +1,281% |
| Recurring financial income | 75 | €793 | €4,325 | +€3,532 | +445% |
| Non-recurring financial income | 76B | - | €6,625 | +€6,625 | |
| Financial charges | 65/66B | €11,088 | €13,292 | +€2,204 | +19.9% |
| Recurring financial charges | 65 | €11,088 | €13,292 | +€2,204 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €132,314 | €52,503 | -€79,811 | -60.3% |
| Income taxes | 67/77 | €31,131 | €26,002 | -€5,129 | -16.5% |
| Profit (loss) for the period | 9904 | €101,183 | €26,501 | -€74,682 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €101,183 | €26,501 | -€74,682 | -73.8% |
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 19 October 2026 via checked.be.