DAUBERCIES: 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.
DAUBERCIES
Largest movements
- Receivables within one year +€109,418
up €109,418 (+17.4%), from €628,017 to €737,435
of which Trade receivables: +€101,808
- Stocks and contracts -€74,608
down €74,608 (-32.4%), from €229,992 to €155,384
- Cash -€18,799
down €18,799 (-64.9%), from €28,955 to €10,155
mainly Receivables within one year (-€109,418) and Short-term financial debts (-€59,221)
- Tangible fixed assets -€17,330
down €17,330 (-24.9%), from €69,507 to €52,177
of which Plant, machinery and equipment: -€13,927
- Short-term financial debts -€59,221
down €59,221 (-74.5%), from €79,512 to €20,291
- Profit (loss) carried forward +€28,598
up €28,598 (+43.5%), from -€65,778 to -€37,180
- Trade debts +€22,221
up €22,221 (+12.1%), from €183,306 to €205,527
- Gross operating margin +€77,204
up €77,204 (+150.9%), from €51,146 to €128,351
- Other operating charges +€25,167
up €25,167 (+316.8%), from €7,944 to €33,111
- Depreciation +€2,013
up €2,013 (+10.4%), from €19,302 to €21,315
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 | €961,488 | €961,834 | +€347 | 0.0% |
| Fixed assets | 21/28 | €72,694 | €55,365 | -€17,330 | -23.8% |
| Tangible fixed assets | 22/27 | €69,507 | €52,177 | -€17,330 | -24.9% |
| Plant, machinery and equipment | 23 | €60,533 | €46,605 | -€13,927 | -23.0% |
| Furniture and vehicles | 24 | €8,974 | €5,572 | -€3,402 | -37.9% |
| Financial fixed assets | 28 | €3,187 | €3,187 | = | 0.0% |
| Current assets | 29/58 | €888,794 | €906,470 | +€17,676 | +2.0% |
| Stocks and contracts in progress | 3 | €229,992 | €155,384 | -€74,608 | -32.4% |
| Stocks | 30/36 | €229,992 | €155,384 | -€74,608 | -32.4% |
| Amounts receivable within one year | 40/41 | €628,017 | €737,435 | +€109,418 | +17.4% |
| Trade receivables | 40 | €481,099 | €582,907 | +€101,808 | +21.2% |
| Other amounts receivable | 41 | €146,918 | €154,527 | +€7,610 | +5.2% |
| Cash at bank and in hand | 54/58 | €28,955 | €10,155 | -€18,799 | -64.9% |
| Deferred charges and accrued income | 490/1 | €1,830 | €3,495 | +€1,665 | +91.0% |
| Total equity and liabilities | 10/49 | €961,488 | €961,834 | +€347 | 0.0% |
| Equity | 10/15 | €686,603 | €715,201 | +€28,598 | +4.2% |
| Contributions | 10/11 | €186,321 | €186,321 | = | 0.0% |
| Capital | 10 | €186,321 | €186,321 | = | 0.0% |
| Issued capital | 100 | €186,321 | €186,321 | = | 0.0% |
| Reserves | 13 | €566,060 | €566,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,979 | €35,979 | = | 0.0% |
| Legal reserve | 130 | €18,627 | €18,627 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,353 | €17,353 | = | 0.0% |
| Distributable reserves | 133 | €530,080 | €530,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,778 | -€37,180 | +€28,598 | +43.5% |
| Amounts payable | 17/49 | €274,884 | €246,633 | -€28,251 | -10.3% |
| Amounts payable within one year | 42/48 | €274,884 | €246,633 | -€28,251 | -10.3% |
| Financial debts | 43 | €79,512 | €20,291 | -€59,221 | -74.5% |
| Credit institutions | 430/8 | €79,512 | €20,291 | -€59,221 | -74.5% |
| Trade debts | 44 | €183,306 | €205,527 | +€22,221 | +12.1% |
| Suppliers | 440/4 | €183,306 | €205,527 | +€22,221 | +12.1% |
| Taxes, remuneration and social security | 45 | €12,067 | €20,815 | +€8,748 | +72.5% |
| Taxes | 450/3 | €255 | €13,320 | +€13,065 | +5119.8% |
| Remuneration and social security | 454/9 | €11,811 | €7,494 | -€4,317 | -36.5% |
| Remuneration, social security and pensions | 62 | €36,512 | €37,153 | +€641 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,302 | €21,315 | +€2,013 | +10.4% |
| Other operating charges | 640/8 | €7,944 | €33,111 | +€25,167 | +316.8% |
| Gross operating margin | 9900 | €51,146 | €128,351 | +€77,204 | +150.9% |
| Operating profit (loss) | 9901 | -€12,612 | €36,772 | +€49,384 | |
| Financial income | 75/76B | €3,401 | €3,110 | -€291 | -8.6% |
| Recurring financial income | 75 | €3,401 | €3,110 | -€291 | -8.6% |
| Financial charges | 65/66B | €11,643 | €10,679 | -€964 | -8.3% |
| Recurring financial charges | 65 | €11,643 | €10,495 | -€1,148 | -9.9% |
| Non-recurring financial charges | 66B | - | €184 | +€184 | |
| Profit (loss) for the period before taxes | 9903 | -€20,854 | €29,204 | +€50,058 | |
| Income taxes | 67/77 | €191 | €606 | +€415 | +216.7% |
| Profit (loss) for the period | 9904 | -€21,045 | €28,598 | +€49,643 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,045 | €28,598 | +€49,643 |
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 10 October 2026 via checked.be.