DOBER PARTNERS: 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.
DOBER PARTNERS
Largest movements
- Current investments -€612,907
down €612,907 (-74.2%), from €826,039 to €213,132
- Tangible fixed assets +€550,516
up €550,516 (+91.8%), from €599,497 to €1.2m
of which Land and buildings: +€551,146
- Cash +€330,471
up €330,471 (+1,222%), from €27,041 to €357,512
mainly Current investments (+€612,907) and Net result for the year (+€337,558)
- Receivables within one year -€34,493
down €34,493 (-9.7%), from €357,125 to €322,632
of which Trade receivables: -€115,239
- Reserves +€210,000
up €210,000 (+16.1%), from €1.3m to €1.5m
of which Distributable reserves: +€210,000
- Other debts +€39,000
up €39,000 (+48.1%), from €81,000 to €120,000
- Debts after one year -€29,349
down €29,349 (-35.8%), from €82,091 to €52,742
of which Financial debts: -€32,240
- Depreciation +€64,737
up €64,737 (+154%), from €42,142 to €106,879
- Gross operating margin +€17,389
up €17,389 (+2.9%), from €592,949 to €610,338
- Taxes -€14,939
down €14,939 (-8.8%), from €169,629 to €154,690
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 | €1,825,383 | €2,052,877 | +€227,494 | +12.5% |
| Fixed assets | 21/28 | €600,968 | €1,151,484 | +€550,516 | +91.6% |
| Tangible fixed assets | 22/27 | €599,497 | €1,150,013 | +€550,516 | +91.8% |
| Land and buildings | 22 | €596,916 | €1,148,062 | +€551,146 | +92.3% |
| Furniture and vehicles | 24 | €1,666 | €1,219 | -€447 | -26.8% |
| Other tangible fixed assets | 26 | €915 | €732 | -€183 | -20.0% |
| Financial fixed assets | 28 | €1,471 | €1,471 | = | 0.0% |
| Current assets | 29/58 | €1,224,415 | €901,393 | -€323,022 | -26.4% |
| Amounts receivable within one year | 40/41 | €357,125 | €322,632 | -€34,493 | -9.7% |
| Trade receivables | 40 | €227,070 | €111,831 | -€115,239 | -50.8% |
| Other amounts receivable | 41 | €130,055 | €210,801 | +€80,746 | +62.1% |
| Current investments | 50/53 | €826,039 | €213,132 | -€612,907 | -74.2% |
| Cash at bank and in hand | 54/58 | €27,041 | €357,512 | +€330,471 | +1,222% |
| Deferred charges and accrued income | 490/1 | €14,210 | €8,117 | -€6,093 | -42.9% |
| Total equity and liabilities | 10/49 | €1,825,383 | €2,052,877 | +€227,494 | +12.5% |
| Equity | 10/15 | €1,427,220 | €1,644,778 | +€217,558 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,308,180 | €1,518,180 | +€210,000 | +16.1% |
| Tax-exempt reserves | 132 | €2,320 | €2,320 | = | 0.0% |
| Distributable reserves | 133 | €1,305,860 | €1,515,860 | +€210,000 | +16.1% |
| Profit (loss) carried forward | 14 | €112,840 | €120,398 | +€7,558 | +6.7% |
| Amounts payable | 17/49 | €398,163 | €408,099 | +€9,936 | +2.5% |
| Amounts payable after more than one year | 17 | €82,091 | €52,742 | -€29,349 | -35.8% |
| Financial debts | 170/4 | €82,091 | €49,851 | -€32,240 | -39.3% |
| Other amounts payable | 178/9 | - | €2,891 | +€2,891 | |
| Amounts payable within one year | 42/48 | €233,120 | €274,301 | +€41,181 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €39,930 | €40,686 | +€756 | +1.9% |
| Trade debts | 44 | €35,322 | €27,262 | -€8,060 | -22.8% |
| Suppliers | 440/4 | €35,322 | €27,262 | -€8,060 | -22.8% |
| Taxes, remuneration and social security | 45 | €76,868 | €86,353 | +€9,485 | +12.3% |
| Taxes | 450/3 | €68,599 | €77,630 | +€9,031 | +13.2% |
| Remuneration and social security | 454/9 | €8,269 | €8,723 | +€454 | +5.5% |
| Other amounts payable | 47/48 | €81,000 | €120,000 | +€39,000 | +48.1% |
| Accrued charges and deferred income | 492/3 | €82,952 | €81,056 | -€1,896 | -2.3% |
| Remuneration, social security and pensions | 62 | €12,860 | €9,854 | -€3,006 | -23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,142 | €106,879 | +€64,737 | +154% |
| Other operating charges | 640/8 | €8,146 | €6,432 | -€1,714 | -21.0% |
| Non-recurring operating charges | 66A | - | €925 | +€925 | |
| Gross operating margin | 9900 | €592,949 | €610,338 | +€17,389 | +2.9% |
| Operating profit (loss) | 9901 | €529,801 | €486,248 | -€43,553 | -8.2% |
| Financial income | 75/76B | €15,606 | €13,207 | -€2,399 | -15.4% |
| Recurring financial income | 75 | €15,606 | €13,207 | -€2,399 | -15.4% |
| Financial charges | 65/66B | €6,083 | €7,207 | +€1,124 | +18.5% |
| Recurring financial charges | 65 | €6,083 | €6,488 | +€405 | +6.7% |
| Non-recurring financial charges | 66B | - | €719 | +€719 | |
| Profit (loss) for the period before taxes | 9903 | €539,324 | €492,248 | -€47,076 | -8.7% |
| Income taxes | 67/77 | €169,629 | €154,690 | -€14,939 | -8.8% |
| Profit (loss) for the period | 9904 | €369,695 | €337,558 | -€32,137 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €369,695 | €337,558 | -€32,137 | -8.7% |
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 19 October 2026 via checked.be.