Dobbelaere & Co.: 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 & Co.
Largest movements
- Stocks and contracts -€308,587
no longer reported in 2025 (was €308,587)
- Cash +€215,614
up €215,614 (+1,674%), from €12,880 to €228,494
mainly Stocks and contracts (+€308,587) and Net result for the year (+€96,095)
- Receivables within one year +€176,339
up €176,339 (+1,289%), from €13,682 to €190,021
of which Trade receivables: +€177,191
- Tangible fixed assets -€7,916
down €7,916 (-28.5%), from €27,762 to €19,846
of which Leasing and similar rights: -€6,176
- Profit (loss) carried forward +€71,353
no longer reported in 2025 (was -€71,353)
- Debts after one year -€61,027
no longer reported in 2025 (was €61,027)
- Tax, wage and social debts +€46,599
up €46,599 (+67,998%), from €69 to €46,668
- Reserves +€24,742
up €24,742 (+78.2%), from €31,648 to €56,390
- Other debts -€17,786
down €17,786 (-5.6%), from €316,077 to €298,291
- Gross operating margin +€214,413
up €214,413, from -€61,298 to €153,115
- Financial charges +€22,539
up €22,539 (+968%), from €2,327 to €24,866
- Taxes +€14,396
new in 2025: €14,396
- Depreciation -€2,223
down €2,223 (-12.2%), from €18,199 to €15,976
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 | €366,285 | €443,194 | +€76,909 | +21.0% |
| Fixed assets | 21/28 | €27,762 | €19,846 | -€7,916 | -28.5% |
| Tangible fixed assets | 22/27 | €27,762 | €19,846 | -€7,916 | -28.5% |
| Land and buildings | 22 | €903 | €628 | -€275 | -30.5% |
| Plant, machinery and equipment | 23 | €13,389 | €10,658 | -€2,731 | -20.4% |
| Furniture and vehicles | 24 | €3,593 | €4,859 | +€1,266 | +35.2% |
| Leasing and similar rights | 25 | €9,877 | €3,701 | -€6,176 | -62.5% |
| Current assets | 29/58 | €338,523 | €423,348 | +€84,825 | +25.1% |
| Stocks and contracts in progress | 3 | €308,587 | - | -€308,587 | |
| Stocks | 30/36 | €308,587 | - | -€308,587 | |
| Amounts receivable within one year | 40/41 | €13,682 | €190,021 | +€176,339 | +1,289% |
| Trade receivables | 40 | €6,829 | €184,021 | +€177,191 | +2,595% |
| Other amounts receivable | 41 | €6,853 | €6,000 | -€853 | -12.4% |
| Cash at bank and in hand | 54/58 | €12,880 | €228,494 | +€215,614 | +1,674% |
| Deferred charges and accrued income | 490/1 | €3,374 | €4,833 | +€1,460 | +43.3% |
| Total equity and liabilities | 10/49 | €366,285 | €443,194 | +€76,909 | +21.0% |
| Equity | 10/15 | -€20,705 | €75,390 | +€96,095 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €31,648 | €56,390 | +€24,742 | +78.2% |
| Distributable reserves | 133 | €31,648 | €56,390 | +€24,742 | +78.2% |
| Profit (loss) carried forward | 14 | -€71,353 | - | +€71,353 | |
| Amounts payable | 17/49 | €386,990 | €367,804 | -€19,186 | -5.0% |
| Amounts payable after more than one year | 17 | €61,027 | - | -€61,027 | |
| Financial debts | 170/4 | €61,027 | - | -€61,027 | |
| Amounts payable within one year | 42/48 | €325,964 | €352,607 | +€26,643 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €5,189 | €2,704 | -€2,485 | -47.9% |
| Trade debts | 44 | €4,629 | €4,944 | +€315 | +6.8% |
| Suppliers | 440/4 | €4,629 | €4,944 | +€315 | +6.8% |
| Taxes, remuneration and social security | 45 | €69 | €46,668 | +€46,599 | +67,998% |
| Taxes | 450/3 | €69 | €46,668 | +€46,599 | +67,998% |
| Other amounts payable | 47/48 | €316,077 | €298,291 | -€17,786 | -5.6% |
| Accrued charges and deferred income | 492/3 | - | €15,197 | +€15,197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,199 | €15,976 | -€2,223 | -12.2% |
| Other operating charges | 640/8 | €2,073 | €2,228 | +€155 | +7.5% |
| Gross operating margin | 9900 | -€61,298 | €153,115 | +€214,413 | |
| Operating profit (loss) | 9901 | -€81,569 | €134,911 | +€216,480 | |
| Financial income | 75/76B | €1,016 | €446 | -€569 | -56.1% |
| Recurring financial income | 75 | €1,016 | €446 | -€569 | -56.1% |
| Financial charges | 65/66B | €2,327 | €24,866 | +€22,539 | +968% |
| Recurring financial charges | 65 | €2,327 | €24,866 | +€22,539 | +968% |
| Profit (loss) for the period before taxes | 9903 | -€82,881 | €110,491 | +€193,372 | |
| Income taxes | 67/77 | - | €14,396 | +€14,396 | |
| Profit (loss) for the period | 9904 | -€82,881 | €96,095 | +€178,976 | |
| Profit (loss) for the period to be appropriated | 9905 | -€82,881 | €96,095 | +€178,976 |
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 26 October 2026 via checked.be.