DOC-DUC: 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.
DOC-DUC
Largest movements
- Cash +€235,786
up €235,786 (+1,289%), from €18,290 to €254,076
mainly Current investments (+€130,000) and Net result for the year (+€88,448)
- Current investments -€130,000
down €130,000 (-31.7%), from €410,000 to €280,000
- Tangible fixed assets -€9,499
down €9,499 (-93.2%), from €10,193 to €693
- Receivables within one year -€8,972
down €8,972 (-52.5%), from €17,078 to €8,106
- Reserves +€88,448
up €88,448 (+18.0%), from €492,614 to €581,063
- Tax, wage and social debts -€5,884
down €5,884 (-100%), from €5,884 to €0
- Gross operating margin -€26,808
down €26,808 (-17.1%), from €156,865 to €130,057
- Taxes -€10,148
down €10,148 (-19.4%), from €52,382 to €42,235
- Financial income -€5,445
down €5,445 (-33.8%), from €16,116 to €10,671
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 | €503,196 | €584,910 | +€81,714 | +16.2% |
| Fixed assets | 21/28 | €10,193 | €693 | -€9,499 | -93.2% |
| Tangible fixed assets | 22/27 | €10,193 | €693 | -€9,499 | -93.2% |
| Furniture and vehicles | 24 | €10,193 | €693 | -€9,499 | -93.2% |
| Current assets | 29/58 | €493,003 | €584,216 | +€91,213 | +18.5% |
| Amounts receivable within one year | 40/41 | €17,078 | €8,106 | -€8,972 | -52.5% |
| Other amounts receivable | 41 | €17,078 | €8,106 | -€8,972 | -52.5% |
| Current investments | 50/53 | €410,000 | €280,000 | -€130,000 | -31.7% |
| Cash at bank and in hand | 54/58 | €18,290 | €254,076 | +€235,786 | +1,289% |
| Deferred charges and accrued income | 490/1 | €47,635 | €42,034 | -€5,600 | -11.8% |
| Total equity and liabilities | 10/49 | €503,196 | €584,910 | +€81,714 | +16.2% |
| Equity | 10/15 | €495,614 | €584,063 | +€88,448 | +17.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €492,614 | €581,063 | +€88,448 | +18.0% |
| Distributable reserves | 133 | €492,614 | €581,063 | +€88,448 | +18.0% |
| Amounts payable | 17/49 | €7,581 | €847 | -€6,734 | -88.8% |
| Amounts payable within one year | 42/48 | €5,894 | €0 | -€5,894 | -100% |
| Trade debts | 44 | €10 | €0 | -€10 | -100% |
| Suppliers | 440/4 | €10 | €0 | -€10 | -100% |
| Taxes, remuneration and social security | 45 | €5,884 | €0 | -€5,884 | -100% |
| Taxes | 450/3 | €5,884 | €0 | -€5,884 | -100% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €1,688 | €847 | -€841 | -49.8% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,015 | €9,499 | -€515 | -5.1% |
| Other operating charges | 640/8 | €485 | €501 | +€16 | +3.2% |
| Gross operating margin | 9900 | €156,865 | €130,057 | -€26,808 | -17.1% |
| Operating profit (loss) | 9901 | €146,365 | €120,057 | -€26,308 | -18.0% |
| Financial income | 75/76B | €16,116 | €10,671 | -€5,445 | -33.8% |
| Recurring financial income | 75 | €16,116 | €10,671 | -€5,445 | -33.8% |
| Financial charges | 65/66B | €55 | €45 | -€10 | -18.2% |
| Recurring financial charges | 65 | €55 | €45 | -€10 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €162,426 | €130,683 | -€31,743 | -19.5% |
| Income taxes | 67/77 | €52,382 | €42,235 | -€10,148 | -19.4% |
| Profit (loss) for the period | 9904 | €110,044 | €88,448 | -€21,596 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €110,044 | €88,448 | -€21,596 | -19.6% |
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 13 October 2026 via checked.be.