DOABA BUSINESS: 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.
DOABA BUSINESS
Largest movements
- Stocks and contracts +€122,704
up €122,704 (+97.9%), from €125,300 to €248,004
- Receivables within one year -€10,999
down €10,999 (-78.2%), from €14,069 to €3,070
- Tangible fixed assets +€7,632
new in 2025: €7,632
- Cash -€4,035
down €4,035 (-33.2%), from €12,149 to €8,114
mainly Stocks and contracts (-€122,704) and Investment in fixed assets (net) (-€7,632)
- Profit (loss) carried forward +€66,394
up €66,394 (+225.5%), from €29,438 to €95,833
- Other debts +€40,690
up €40,690 (+43.8%), from €93,000 to €133,690
- Trade debts +€6,219
up €6,219 (+23.0%), from €27,079 to €33,298
- Turnover +€273,936
up €273,936 (+179.6%), from €152,511 to €426,447
- Purchases and services +€253,952
up €253,952 (+291.5%), from €87,123 to €341,074
- Gross operating margin +€20,815
up €20,815 (+31.8%), from €65,389 to €86,204
- Staff costs +€17,473
up €17,473 (+52.0%), from €33,574 to €51,047
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 | €151,518 | €266,821 | +€115,303 | +76.1% |
| Fixed assets | 21/28 | - | €7,632 | +€7,632 | |
| Tangible fixed assets | 22/27 | - | €7,632 | +€7,632 | |
| Furniture and vehicles | 24 | - | €7,632 | +€7,632 | |
| Current assets | 29/58 | €151,518 | €259,188 | +€107,670 | +71.1% |
| Stocks and contracts in progress | 3 | €125,300 | €248,004 | +€122,704 | +97.9% |
| Stocks | 30/36 | €125,300 | €248,004 | +€122,704 | +97.9% |
| Amounts receivable within one year | 40/41 | €14,069 | €3,070 | -€10,999 | -78.2% |
| Other amounts receivable | 41 | €14,069 | €3,070 | -€10,999 | -78.2% |
| Cash at bank and in hand | 54/58 | €12,149 | €8,114 | -€4,035 | -33.2% |
| Total equity and liabilities | 10/49 | €151,518 | €266,821 | +€115,303 | +76.1% |
| Equity | 10/15 | €31,438 | €99,833 | +€68,394 | +217.5% |
| Contributions | 10/11 | €2,000 | €4,000 | +€2,000 | +100.0% |
| Profit (loss) carried forward | 14 | €29,438 | €95,833 | +€66,394 | +225.5% |
| Amounts payable | 17/49 | €120,079 | €166,988 | +€46,909 | +39.1% |
| Amounts payable within one year | 42/48 | €120,079 | €166,988 | +€46,909 | +39.1% |
| Trade debts | 44 | €27,079 | €33,298 | +€6,219 | +23.0% |
| Suppliers | 440/4 | €27,079 | €33,298 | +€6,219 | +23.0% |
| Other amounts payable | 47/48 | €93,000 | €133,690 | +€40,690 | +43.8% |
| Turnover | 70 | €152,511 | €426,447 | +€273,936 | +179.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €87,123 | €341,074 | +€253,952 | +291.5% |
| Remuneration, social security and pensions | 62 | €33,574 | €51,047 | +€17,473 | +52.0% |
| Other operating charges | 640/8 | €2,371 | €126 | -€2,244 | -94.7% |
| Gross operating margin | 9900 | €65,389 | €86,204 | +€20,815 | +31.8% |
| Operating profit (loss) | 9901 | €29,443 | €35,030 | +€5,587 | +19.0% |
| Financial charges | 65/66B | €5 | €73 | +€68 | +1360.0% |
| Recurring financial charges | 65 | €5 | €73 | +€68 | +1360.0% |
| Profit (loss) for the period before taxes | 9903 | €29,438 | €34,957 | +€5,519 | +18.7% |
| Profit (loss) for the period | 9904 | €29,438 | €34,957 | +€5,519 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,438 | €34,957 | +€5,519 | +18.7% |
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.