D.O.P.: 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.
D.O.P.
Largest movements
- Cash -€21,636
down €21,636 (-20.0%), from €108,167 to €86,531
mainly Debts after one year (-€22,879) and Receivables within one year (-€19,510)
- Receivables within one year +€19,510
up €19,510 (+46.9%), from €41,603 to €61,113
of which Other amounts receivable: +€19,677
- Stocks and contracts +€5,509
up €5,509 (+25.8%), from €21,335 to €26,844
- Tangible fixed assets -€2,213
down €2,213 (-8.6%), from €25,602 to €23,390
of which Furniture and vehicles: -€5,887
- Profit (loss) carried forward +€35,104
up €35,104 (+28.1%), from €124,843 to €159,947
- Debts after one year -€22,879
down €22,879 (-71.9%), from €31,807 to €8,928
- Tax, wage and social debts -€5,781
down €5,781 (-38.6%), from €14,977 to €9,197
of which Taxes: -€6,648
- Trade debts -€5,674
down €5,674 (-37.0%), from €15,347 to €9,672
- Staff costs +€11,555
up €11,555 (+17.7%), from €65,264 to €76,819
- Gross operating margin +€9,610
up €9,610 (+7.4%), from €130,063 to €139,673
- Financial charges +€1,761
up €1,761 (+61.8%), from €2,852 to €4,614
- Taxes -€1,612
down €1,612 (-11.2%), from €14,357 to €12,745
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 | €196,785 | €198,090 | +€1,305 | +0.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €25,602 | €23,390 | -€2,213 | -8.6% |
| Tangible fixed assets | 22/27 | €25,602 | €23,390 | -€2,213 | -8.6% |
| Plant, machinery and equipment | 23 | €8,454 | €12,129 | +€3,675 | +43.5% |
| Furniture and vehicles | 24 | €17,148 | €11,261 | -€5,887 | -34.3% |
| Current assets | 29/58 | €171,183 | €174,700 | +€3,517 | +2.1% |
| Stocks and contracts in progress | 3 | €21,335 | €26,844 | +€5,509 | +25.8% |
| Stocks | 30/36 | €21,335 | €26,844 | +€5,509 | +25.8% |
| Amounts receivable within one year | 40/41 | €41,603 | €61,113 | +€19,510 | +46.9% |
| Trade receivables | 40 | €1,679 | €1,513 | -€167 | -9.9% |
| Other amounts receivable | 41 | €39,924 | €59,601 | +€19,677 | +49.3% |
| Cash at bank and in hand | 54/58 | €108,167 | €86,531 | -€21,636 | -20.0% |
| Deferred charges and accrued income | 490/1 | €78 | €212 | +€134 | +173% |
| Total equity and liabilities | 10/49 | €196,785 | €198,090 | +€1,305 | +0.7% |
| Equity | 10/15 | €131,843 | €166,947 | +€35,104 | +26.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,843 | €159,947 | +€35,104 | +28.1% |
| Amounts payable | 17/49 | €64,942 | €31,142 | -€33,800 | -52.0% |
| Amounts payable after more than one year | 17 | €31,807 | €8,928 | -€22,879 | -71.9% |
| Financial debts | 170/4 | €31,807 | €8,928 | -€22,879 | -71.9% |
| Amounts payable within one year | 42/48 | €33,072 | €21,748 | -€11,324 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €2,748 | €2,879 | +€131 | +4.8% |
| Trade debts | 44 | €15,347 | €9,672 | -€5,674 | -37.0% |
| Suppliers | 440/4 | €15,347 | €9,672 | -€5,674 | -37.0% |
| Taxes, remuneration and social security | 45 | €14,977 | €9,197 | -€5,781 | -38.6% |
| Taxes | 450/3 | €7,579 | €931 | -€6,648 | -87.7% |
| Remuneration and social security | 454/9 | €7,398 | €8,266 | +€868 | +11.7% |
| Accrued charges and deferred income | 492/3 | €64 | €467 | +€403 | +632% |
| Non-recurring operating income | 76A | - | €248 | +€248 | |
| Remuneration, social security and pensions | 62 | €65,264 | €76,819 | +€11,555 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,150 | €9,329 | +€179 | +2.0% |
| Other operating charges | 640/8 | €699 | €664 | -€35 | -5.0% |
| Non-recurring operating charges | 66A | €482 | €444 | -€39 | -8.0% |
| Gross operating margin | 9900 | €130,063 | €139,673 | +€9,610 | +7.4% |
| Operating profit (loss) | 9901 | €54,468 | €52,417 | -€2,051 | -3.8% |
| Financial income | 75/76B | €75 | €45 | -€29 | -39.2% |
| Recurring financial income | 75 | €75 | €45 | -€29 | -39.2% |
| Financial charges | 65/66B | €2,852 | €4,614 | +€1,761 | +61.8% |
| Recurring financial charges | 65 | €2,852 | €4,614 | +€1,761 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | €51,690 | €47,849 | -€3,841 | -7.4% |
| Income taxes | 67/77 | €14,357 | €12,745 | -€1,612 | -11.2% |
| Profit (loss) for the period | 9904 | €37,334 | €35,104 | -€2,229 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,334 | €35,104 | -€2,229 | -6.0% |
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 17 October 2026 via checked.be.