DoCAD: 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.
DoCAD
Largest movements
- Tangible fixed assets +€72,395
up €72,395 (+65.5%), from €110,549 to €182,944
of which Furniture and vehicles: +€50,940
- Stocks and contracts +€23,762
up €23,762 (+133.4%), from €17,819 to €41,581
- Receivables within one year -€13,737
down €13,737 (-16.2%), from €84,946 to €71,209
of which Trade receivables: -€32,316
- Cash +€5,235
up €5,235 (+21.9%), from €23,940 to €29,176
mainly Net result for the year (+€55,343) and Depreciation (+€22,761)
- Reserves +€55,343
up €55,343 (+42.3%), from €130,758 to €186,101
- Current portion of long-term debt +€13,794
up €13,794 (+120.4%), from €11,453 to €25,246
- Trade debts +€9,150
up €9,150 (+23.7%), from €38,594 to €47,744
- Tax, wage and social debts +€7,879
up €7,879 (+94.4%), from €8,348 to €16,227
of which Taxes: +€7,684
- Gross operating margin +€110,080
up €110,080 (+79.1%), from €139,094 to €249,174
- Staff costs +€60,394
up €60,394 (+61.3%), from €98,514 to €158,908
- Financial income +€13,817
up €13,817 (+439.5%), from €3,144 to €16,961
of which Non-recurring financial income: +€10,000
- Depreciation +€13,074
up €13,074 (+135.0%), from €9,687 to €22,761
- Taxes +€11,170
up €11,170 (+110.9%), from €10,074 to €21,244
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 | €241,468 | €327,216 | +€85,748 | +35.5% |
| Fixed assets | 21/28 | €110,549 | €182,944 | +€72,395 | +65.5% |
| Tangible fixed assets | 22/27 | €110,549 | €182,944 | +€72,395 | +65.5% |
| Land and buildings | 22 | €92,825 | €112,946 | +€20,121 | +21.7% |
| Plant, machinery and equipment | 23 | €13,540 | €14,873 | +€1,334 | +9.9% |
| Furniture and vehicles | 24 | €4,185 | €55,125 | +€50,940 | +1217.1% |
| Current assets | 29/58 | €130,919 | €144,272 | +€13,353 | +10.2% |
| Stocks and contracts in progress | 3 | €17,819 | €41,581 | +€23,762 | +133.4% |
| Stocks | 30/36 | €17,819 | €41,581 | +€23,762 | +133.4% |
| Amounts receivable within one year | 40/41 | €84,946 | €71,209 | -€13,737 | -16.2% |
| Trade receivables | 40 | €61,762 | €29,446 | -€32,316 | -52.3% |
| Other amounts receivable | 41 | €23,184 | €41,763 | +€18,579 | +80.1% |
| Cash at bank and in hand | 54/58 | €23,940 | €29,176 | +€5,235 | +21.9% |
| Deferred charges and accrued income | 490/1 | €4,213 | €2,307 | -€1,907 | -45.3% |
| Total equity and liabilities | 10/49 | €241,468 | €327,216 | +€85,748 | +35.5% |
| Equity | 10/15 | €138,818 | €194,161 | +€55,343 | +39.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Contributions outside capital | 11 | €8,060 | €8,060 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | €130,758 | €186,101 | +€55,343 | +42.3% |
| Distributable reserves | 133 | €130,758 | €186,101 | +€55,343 | +42.3% |
| Amounts payable | 17/49 | €102,650 | €133,056 | +€30,405 | +29.6% |
| Amounts payable after more than one year | 17 | €40,830 | €40,318 | -€512 | -1.3% |
| Financial debts | 170/4 | €40,830 | €40,318 | -€512 | -1.3% |
| Amounts payable within one year | 42/48 | €61,821 | €92,738 | +€30,917 | +50.0% |
| Current portion of amounts payable after more than one year | 42 | €11,453 | €25,246 | +€13,794 | +120.4% |
| Trade debts | 44 | €38,594 | €47,744 | +€9,150 | +23.7% |
| Suppliers | 440/4 | €38,594 | €47,744 | +€9,150 | +23.7% |
| Taxes, remuneration and social security | 45 | €8,348 | €16,227 | +€7,879 | +94.4% |
| Taxes | 450/3 | €2,761 | €10,445 | +€7,684 | +278.3% |
| Remuneration and social security | 454/9 | €5,587 | €5,782 | +€196 | +3.5% |
| Other amounts payable | 47/48 | €3,426 | €3,520 | +€94 | +2.7% |
| Remuneration, social security and pensions | 62 | €98,514 | €158,908 | +€60,394 | +61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,687 | €22,761 | +€13,074 | +135.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,584 | €199 | -€5,385 | -96.4% |
| Other operating charges | 640/8 | €2,101 | €3,810 | +€1,709 | +81.4% |
| Gross operating margin | 9900 | €139,094 | €249,174 | +€110,080 | +79.1% |
| Operating profit (loss) | 9901 | €23,209 | €63,496 | +€40,287 | +173.6% |
| Financial income | 75/76B | €3,144 | €16,961 | +€13,817 | +439.5% |
| Recurring financial income | 75 | €3,144 | €6,961 | +€3,817 | +121.4% |
| Non-recurring financial income | 76B | - | €10,000 | +€10,000 | |
| Financial charges | 65/66B | €1,373 | €3,871 | +€2,498 | +181.9% |
| Recurring financial charges | 65 | €1,373 | €3,871 | +€2,498 | +181.9% |
| Profit (loss) for the period before taxes | 9903 | €24,979 | €76,586 | +€51,607 | +206.6% |
| Income taxes | 67/77 | €10,074 | €21,244 | +€11,170 | +110.9% |
| Profit (loss) for the period | 9904 | €14,905 | €55,343 | +€40,437 | +271.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,905 | €55,343 | +€40,437 | +271.3% |
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 12 October 2026 via checked.be.