DE DOOL: 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.
DE DOOL
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year +€31,442
up €31,442 (+27.0%), from €116,260 to €147,702
of which Trade receivables: +€37,898
- Stocks and contracts -€15,008
down €15,008 (-4.1%), from €370,132 to €355,124
- Tangible fixed assets -€13,550
down €13,550 (-2.5%), from €552,796 to €539,246
of which Plant, machinery and equipment: -€12,047
- Cash -€12,930
down €12,930 (-32.8%), from €39,427 to €26,497
mainly Investment in fixed assets (net) (-€133,395) and Net result for the year (-€73,700)
- Reserves -€68,676
down €68,676 (-94.6%), from €72,563 to €3,886
of which Distributable reserves: -€68,676
- Tax, wage and social debts +€42,282
up €42,282 (+130.8%), from €32,326 to €74,608
of which Remuneration and social security: +€33,398
- Trade debts -€38,921
down €38,921 (-34.9%), from €111,651 to €72,730
- Current portion of long-term debt +€14,296
up €14,296 (+15.8%), from €90,563 to €104,858
- Staff costs +€71,156
up €71,156 (+14.4%), from €493,725 to €564,881
- Gross operating margin -€51,093
down €51,093 (-7.5%), from €680,959 to €629,867
- Write-downs -€23,026
down €23,026, from €3,107 to -€19,919
- Depreciation +€12,805
up €12,805 (+9.9%), from €128,772 to €141,577
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 | €1,169,843 | €1,114,781 | -€55,062 | -4.7% |
| Fixed assets | 21/28 | €574,287 | €566,105 | -€8,182 | -1.4% |
| Intangible fixed assets | 21 | €17,845 | €23,803 | +€5,958 | +33.4% |
| Tangible fixed assets | 22/27 | €552,796 | €539,246 | -€13,550 | -2.5% |
| Land and buildings | 22 | €10,970 | €10,970 | = | 0.0% |
| Plant, machinery and equipment | 23 | €328,800 | €316,753 | -€12,047 | -3.7% |
| Furniture and vehicles | 24 | €59,731 | €80,823 | +€21,092 | +35.3% |
| Leasing and similar rights | 25 | €25,115 | €13,101 | -€12,015 | -47.8% |
| Other tangible fixed assets | 26 | €119,036 | €117,598 | -€1,437 | -1.2% |
| Assets under construction and advance payments | 27 | €9,144 | - | -€9,144 | |
| Financial fixed assets | 28 | €3,646 | €3,056 | -€590 | -16.2% |
| Current assets | 29/58 | €595,556 | €548,676 | -€46,880 | -7.9% |
| Stocks and contracts in progress | 3 | €370,132 | €355,124 | -€15,008 | -4.1% |
| Stocks | 30/36 | €370,132 | €355,124 | -€15,008 | -4.1% |
| Amounts receivable within one year | 40/41 | €116,260 | €147,702 | +€31,442 | +27.0% |
| Trade receivables | 40 | €107,149 | €145,046 | +€37,898 | +35.4% |
| Other amounts receivable | 41 | €9,111 | €2,656 | -€6,456 | -70.9% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €39,427 | €26,497 | -€12,930 | -32.8% |
| Deferred charges and accrued income | 490/1 | €19,737 | €19,353 | -€384 | -1.9% |
| Total equity and liabilities | 10/49 | €1,169,843 | €1,114,781 | -€55,062 | -4.7% |
| Equity | 10/15 | €351,443 | €277,743 | -€73,700 | -21.0% |
| Contributions | 10/11 | €278,880 | €278,880 | = | 0.0% |
| Capital | 10 | €278,880 | €278,880 | = | 0.0% |
| Issued capital | 100 | €278,880 | €278,880 | = | 0.0% |
| Reserves | 13 | €72,563 | €3,886 | -€68,676 | -94.6% |
| Non-distributable reserves | 130/1 | €3,886 | €3,886 | = | 0.0% |
| Legal reserve | 130 | €3,886 | €3,886 | = | 0.0% |
| Distributable reserves | 133 | €68,676 | - | -€68,676 | |
| Profit (loss) carried forward | 14 | - | -€5,023 | -€5,023 | |
| Amounts payable | 17/49 | €818,400 | €837,038 | +€18,638 | +2.3% |
| Amounts payable after more than one year | 17 | €225,654 | €230,099 | +€4,445 | +2.0% |
| Financial debts | 170/4 | €225,654 | €230,099 | +€4,445 | +2.0% |
| Amounts payable within one year | 42/48 | €584,410 | €606,939 | +€22,529 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €90,563 | €104,858 | +€14,296 | +15.8% |
| Trade debts | 44 | €111,651 | €72,730 | -€38,921 | -34.9% |
| Suppliers | 440/4 | €111,651 | €72,730 | -€38,921 | -34.9% |
| Advances received on contracts in progress | 46 | €2,725 | €1,050 | -€1,675 | -61.5% |
| Taxes, remuneration and social security | 45 | €32,326 | €74,608 | +€42,282 | +130.8% |
| Taxes | 450/3 | €9,027 | €17,911 | +€8,884 | +98.4% |
| Remuneration and social security | 454/9 | €23,299 | €56,697 | +€33,398 | +143.3% |
| Other amounts payable | 47/48 | €347,145 | €353,693 | +€6,548 | +1.9% |
| Accrued charges and deferred income | 492/3 | €8,337 | - | -€8,337 | |
| Non-recurring operating income | 76A | €450 | €184 | -€266 | -59.1% |
| Remuneration, social security and pensions | 62 | €493,725 | €564,881 | +€71,156 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,772 | €141,577 | +€12,805 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,107 | -€19,919 | -€23,026 | |
| Other operating charges | 640/8 | €2,919 | €4,683 | +€1,763 | +60.4% |
| Non-recurring operating charges | 66A | €6,271 | - | -€6,271 | |
| Gross operating margin | 9900 | €680,959 | €629,867 | -€51,093 | -7.5% |
| Operating profit (loss) | 9901 | €46,164 | -€61,356 | -€107,520 | |
| Financial income | 75/76B | €3,176 | €1,953 | -€1,223 | -38.5% |
| Recurring financial income | 75 | €3,176 | €1,953 | -€1,223 | -38.5% |
| Financial charges | 65/66B | €14,316 | €14,446 | +€130 | +0.9% |
| Recurring financial charges | 65 | €14,316 | €14,446 | +€130 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €35,024 | -€73,849 | -€108,873 | |
| Income taxes | 67/77 | €1,200 | -€149 | -€1,349 | |
| Profit (loss) for the period | 9904 | €33,825 | -€73,700 | -€107,524 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,825 | -€73,700 | -€107,524 |
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 5 October 2026 via checked.be.