D'O D'EAU: 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.
D'O D'EAU
Largest movements
- Stocks and contracts -€4,787
no longer reported in 2025 (was €4,787)
- Deferred charges and accrued income -€128
no longer reported in 2025 (was €128)
- Cash +€114
up €114 (+6.0%), from €1,907 to €2,021
mainly Stocks and contracts (+€4,787) and Accrued charges and deferred income (+€3,000)
- Profit (loss) carried forward -€6,035
down €6,035 (-12.0%), from -€50,105 to -€56,140
- Other debts -€3,141
down €3,141 (-39.2%), from €8,011 to €4,870
- Accrued charges and deferred income +€3,000
new in 2025: €3,000
- Trade debts +€885
up €885 (+2212.5%), from €40 to €925
- Tax, wage and social debts +€418
up €418 (+117.7%), from €355 to €773
- Gross operating margin -€5,596
down €5,596, from €2,946 to -€2,650
- Other operating charges +€1,981
up €1,981 (+122.1%), from €1,623 to €3,604
- Financial income +€390
up €390 (+7800.0%), from €5 to €395
of which Non-recurring financial income: +€391
- Depreciation -€215
no longer reported in 2025 (was €215)
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 | €9,879 | €5,006 | -€4,873 | -49.3% |
| Fixed assets | 21/28 | €95 | €13 | -€82 | -86.3% |
| Tangible fixed assets | 22/27 | €82 | - | -€82 | |
| Furniture and vehicles | 24 | €82 | - | -€82 | |
| Financial fixed assets | 28 | €13 | €13 | = | 0.0% |
| Current assets | 29/58 | €9,784 | €4,993 | -€4,791 | -49.0% |
| Stocks and contracts in progress | 3 | €4,787 | - | -€4,787 | |
| Stocks | 30/36 | €4,787 | - | -€4,787 | |
| Amounts receivable within one year | 40/41 | €2,962 | €2,972 | +€10 | +0.3% |
| Trade receivables | 40 | €97 | €272 | +€175 | +180.4% |
| Other amounts receivable | 41 | €2,865 | €2,700 | -€165 | -5.8% |
| Cash at bank and in hand | 54/58 | €1,907 | €2,021 | +€114 | +6.0% |
| Deferred charges and accrued income | 490/1 | €128 | - | -€128 | |
| Total equity and liabilities | 10/49 | €9,879 | €5,006 | -€4,873 | -49.3% |
| Equity | 10/15 | €1,473 | -€4,562 | -€6,035 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,578 | €1,578 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,578 | €1,578 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,578 | €1,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,105 | -€56,140 | -€6,035 | -12.0% |
| Amounts payable | 17/49 | €8,406 | €9,568 | +€1,162 | +13.8% |
| Amounts payable within one year | 42/48 | €8,406 | €6,568 | -€1,838 | -21.9% |
| Trade debts | 44 | €40 | €925 | +€885 | +2212.5% |
| Suppliers | 440/4 | €40 | €925 | +€885 | +2212.5% |
| Taxes, remuneration and social security | 45 | €355 | €773 | +€418 | +117.7% |
| Taxes | 450/3 | €355 | €773 | +€418 | +117.7% |
| Other amounts payable | 47/48 | €8,011 | €4,870 | -€3,141 | -39.2% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | - | -€215 | |
| Other operating charges | 640/8 | €1,623 | €3,604 | +€1,981 | +122.1% |
| Gross operating margin | 9900 | €2,946 | -€2,650 | -€5,596 | |
| Operating profit (loss) | 9901 | €1,108 | -€6,254 | -€7,362 | |
| Financial income | 75/76B | €5 | €395 | +€390 | +7800.0% |
| Recurring financial income | 75 | €5 | €4 | -€1 | -20.0% |
| Non-recurring financial income | 76B | - | €391 | +€391 | |
| Financial charges | 65/66B | €175 | €175 | = | 0.0% |
| Recurring financial charges | 65 | €175 | €175 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €938 | -€6,034 | -€6,972 | |
| Income taxes | 67/77 | €1 | €1 | = | 0.0% |
| Profit (loss) for the period | 9904 | €937 | -€6,035 | -€6,972 | |
| Profit (loss) for the period to be appropriated | 9905 | €937 | -€6,035 | -€6,972 |
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 3 October 2026 via checked.be.