DOBBELAERE-AE: 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.
DOBBELAERE-AE
Largest movements
- Cash +€36,901
up €36,901 (+15.8%), from €233,820 to €270,721
mainly Net result for the year (+€88,681) and Depreciation (+€37,959)
- Tangible fixed assets -€15,466
down €15,466 (-30.8%), from €50,222 to €34,757
of which Furniture and vehicles: -€14,294
- Intangible fixed assets -€15,000
down €15,000 (-80.1%), from €18,730 to €3,730
- Receivables within one year +€12,643
up €12,643 (+85.8%), from €14,738 to €27,381
of which Other amounts receivable: +€13,502
- Reserves +€59,568
up €59,568 (+27.0%), from €220,331 to €279,899
- Other debts +€25,054
up €25,054 (+112%), from €22,422 to €47,477
- Trade debts -€21,852
down €21,852 (-40.2%), from €54,295 to €32,444
- Tax, wage and social debts -€18,540
down €18,540 (-77.5%), from €23,925 to €5,386
- Advances received -€16,497
down €16,497 (-74.7%), from €22,080 to €5,584
- Gross operating margin +€69,921
up €69,921 (+75.9%), from €92,159 to €162,080
- Other operating charges +€5,563
up €5,563 (+1,229%), from €453 to €6,015
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 | €412,994 | €430,457 | +€17,462 | +4.2% |
| Fixed assets | 21/28 | €68,952 | €38,486 | -€30,466 | -44.2% |
| Intangible fixed assets | 21 | €18,730 | €3,730 | -€15,000 | -80.1% |
| Tangible fixed assets | 22/27 | €50,222 | €34,757 | -€15,466 | -30.8% |
| Plant, machinery and equipment | 23 | €1,900 | €728 | -€1,172 | -61.7% |
| Furniture and vehicles | 24 | €48,322 | €34,028 | -€14,294 | -29.6% |
| Current assets | 29/58 | €344,043 | €391,971 | +€47,928 | +13.9% |
| Stocks and contracts in progress | 3 | €92,800 | €91,600 | -€1,200 | -1.3% |
| Stocks | 30/36 | €92,800 | €91,600 | -€1,200 | -1.3% |
| Amounts receivable within one year | 40/41 | €14,738 | €27,381 | +€12,643 | +85.8% |
| Trade receivables | 40 | €14,470 | €13,611 | -€859 | -5.9% |
| Other amounts receivable | 41 | €268 | €13,770 | +€13,502 | +5,031% |
| Cash at bank and in hand | 54/58 | €233,820 | €270,721 | +€36,901 | +15.8% |
| Deferred charges and accrued income | 490/1 | €2,685 | €2,270 | -€416 | -15.5% |
| Total equity and liabilities | 10/49 | €412,994 | €430,457 | +€17,462 | +4.2% |
| Equity | 10/15 | €264,307 | €323,874 | +€59,568 | +22.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €220,331 | €279,899 | +€59,568 | +27.0% |
| Distributable reserves | 133 | €220,331 | €279,899 | +€59,568 | +27.0% |
| Profit (loss) carried forward | 14 | €37,776 | €37,776 | = | 0.0% |
| Amounts payable | 17/49 | €148,687 | €106,582 | -€42,105 | -28.3% |
| Amounts payable after more than one year | 17 | €15,669 | €9,129 | -€6,540 | -41.7% |
| Financial debts | 170/4 | €15,669 | €9,129 | -€6,540 | -41.7% |
| Amounts payable within one year | 42/48 | €133,018 | €97,453 | -€35,565 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €10,183 | €6,540 | -€3,643 | -35.8% |
| Financial debts | 43 | €112 | €23 | -€89 | -79.4% |
| Credit institutions | 430/8 | €112 | €23 | -€89 | -79.4% |
| Trade debts | 44 | €54,295 | €32,444 | -€21,852 | -40.2% |
| Suppliers | 440/4 | €54,295 | €32,444 | -€21,852 | -40.2% |
| Advances received on contracts in progress | 46 | €22,080 | €5,584 | -€16,497 | -74.7% |
| Taxes, remuneration and social security | 45 | €23,925 | €5,386 | -€18,540 | -77.5% |
| Taxes | 450/3 | €23,925 | €5,386 | -€18,540 | -77.5% |
| Other amounts payable | 47/48 | €22,422 | €47,477 | +€25,054 | +112% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,932 | €37,959 | +€26 | +0.1% |
| Other operating charges | 640/8 | €453 | €6,015 | +€5,563 | +1,229% |
| Gross operating margin | 9900 | €92,159 | €162,080 | +€69,921 | +75.9% |
| Operating profit (loss) | 9901 | €53,774 | €118,106 | +€64,332 | +120% |
| Financial income | 75/76B | €159 | €246 | +€87 | +54.7% |
| Recurring financial income | 75 | €159 | €246 | +€87 | +54.7% |
| Financial charges | 65/66B | €3,188 | €3,704 | +€516 | +16.2% |
| Recurring financial charges | 65 | €3,188 | €3,704 | +€516 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €50,745 | €114,648 | +€63,903 | +126% |
| Income taxes | 67/77 | €27,340 | €25,967 | -€1,373 | -5.0% |
| Profit (loss) for the period | 9904 | €23,405 | €88,681 | +€65,276 | +279% |
| Profit (loss) for the period to be appropriated | 9905 | €23,405 | €88,681 | +€65,276 | +279% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.