DO.URG: 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.
DO.URG
Largest movements
- Receivables within one year -€32,067
down €32,067 (-52.5%), from €61,096 to €29,029
of which Other amounts receivable: -€31,681
- Tangible fixed assets -€20,135
down €20,135 (-22.9%), from €88,109 to €67,974
- Cash +€9,126
up €9,126 (+9.2%), from €99,176 to €108,302
mainly Net result for the year (+€68,686) and Receivables within one year (+€32,067)
- Debts after one year -€20,241
down €20,241 (-29.6%), from €68,396 to €48,155
- Other debts -€13,200
down €13,200 (-14.7%), from €90,000 to €76,800
- Profit (loss) carried forward -€8,114
down €8,114 (-33.8%), from €24,030 to €15,915
- Tax, wage and social debts -€4,000
down €4,000 (-9.1%), from €44,121 to €40,121
of which Remuneration and social security: -€4,000
- Gross operating margin -€53,802
down €53,802 (-32.0%), from €168,018 to €114,216
- Taxes -€12,936
down €12,936 (-36.2%), from €35,771 to €22,835
- Other operating charges -€9,155
down €9,155 (-90.4%), from €10,131 to €975
- Depreciation +€7,900
up €7,900 (+64.6%), from €12,235 to €20,135
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 | €250,507 | €207,113 | -€43,395 | -17.3% |
| Fixed assets | 21/28 | €88,131 | €67,996 | -€20,135 | -22.8% |
| Tangible fixed assets | 22/27 | €88,109 | €67,974 | -€20,135 | -22.9% |
| Furniture and vehicles | 24 | €88,109 | €67,974 | -€20,135 | -22.9% |
| Financial fixed assets | 28 | €22 | €22 | = | 0.0% |
| Current assets | 29/58 | €162,377 | €139,117 | -€23,260 | -14.3% |
| Amounts receivable within one year | 40/41 | €61,096 | €29,029 | -€32,067 | -52.5% |
| Trade receivables | 40 | €15,632 | €15,247 | -€386 | -2.5% |
| Other amounts receivable | 41 | €45,464 | €13,782 | -€31,681 | -69.7% |
| Cash at bank and in hand | 54/58 | €99,176 | €108,302 | +€9,126 | +9.2% |
| Deferred charges and accrued income | 490/1 | €2,104 | €1,786 | -€318 | -15.1% |
| Total equity and liabilities | 10/49 | €250,507 | €207,113 | -€43,395 | -17.3% |
| Equity | 10/15 | €29,030 | €20,915 | -€8,114 | -28.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,030 | €15,915 | -€8,114 | -33.8% |
| Amounts payable | 17/49 | €221,478 | €186,197 | -€35,280 | -15.9% |
| Amounts payable after more than one year | 17 | €68,396 | €48,155 | -€20,241 | -29.6% |
| Financial debts | 170/4 | €68,396 | €48,155 | -€20,241 | -29.6% |
| Amounts payable within one year | 42/48 | €152,628 | €137,639 | -€14,989 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €17,984 | €20,241 | +€2,257 | +12.5% |
| Trade debts | 44 | €524 | €478 | -€46 | -8.7% |
| Suppliers | 440/4 | €524 | €478 | -€46 | -8.7% |
| Taxes, remuneration and social security | 45 | €44,121 | €40,121 | -€4,000 | -9.1% |
| Taxes | 450/3 | €40,121 | €40,121 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,000 | €0 | -€4,000 | -100.0% |
| Other amounts payable | 47/48 | €90,000 | €76,800 | -€13,200 | -14.7% |
| Accrued charges and deferred income | 492/3 | €454 | €403 | -€51 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,235 | €20,135 | +€7,900 | +64.6% |
| Other operating charges | 640/8 | €10,131 | €975 | -€9,155 | -90.4% |
| Gross operating margin | 9900 | €168,018 | €114,216 | -€53,802 | -32.0% |
| Operating profit (loss) | 9901 | €145,652 | €93,106 | -€52,546 | -36.1% |
| Financial income | 75/76B | €1,042 | €1,486 | +€444 | +42.6% |
| Recurring financial income | 75 | €1,042 | €1,486 | +€444 | +42.6% |
| Financial charges | 65/66B | €2,316 | €3,071 | +€754 | +32.6% |
| Recurring financial charges | 65 | €2,316 | €3,071 | +€754 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €144,377 | €91,521 | -€52,857 | -36.6% |
| Income taxes | 67/77 | €35,771 | €22,835 | -€12,936 | -36.2% |
| Profit (loss) for the period | 9904 | €108,607 | €68,686 | -€39,921 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €108,607 | €68,686 | -€39,921 | -36.8% |
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 29 September 2026 via checked.be.