DOCHAIN: what changed
Two fiscal 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.
DOCHAIN
Largest movements
- Tangible fixed assets +€93,107
up €93,107 (+15.0%), from €622,031 to €715,139
of which Leasing and similar rights: +€169,031
- Cash -€21,002
down €21,002 (-100.0%), from €21,002 to €0
mainly Investment in fixed assets (net) (-€216,848) and Debts after one year (-€24,133)
- Stocks and contracts +€17,333
up €17,333 (+6.4%), from €269,612 to €286,945
- Current portion of long-term debt +€71,752
up €71,752 (+54.7%), from €131,185 to €202,937
- Trade debts +€59,726
up €59,726 (+58.1%), from €102,780 to €162,506
- Debts after one year -€24,133
down €24,133 (-3.5%), from €685,304 to €661,172
- Depreciation +€47,826
up €47,826 (+63.0%), from €75,915 to €123,741
- Gross operating margin +€27,155
up €27,155 (+17.9%), from €152,120 to €179,276
- Other operating charges +€15,824
up €15,824 (+301.3%), from €5,251 to €21,075
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 | €1,023,635 | €1,118,785 | +€95,149 | +9.3% |
| Fixed assets | 21/28 | €623,231 | €716,339 | +€93,107 | +14.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €622,031 | €715,139 | +€93,107 | +15.0% |
| Land and buildings | 22 | €515,490 | €477,213 | -€38,277 | -7.4% |
| Plant, machinery and equipment | 23 | €93,229 | €64,221 | -€29,008 | -31.1% |
| Furniture and vehicles | 24 | €13,312 | €4,673 | -€8,639 | -64.9% |
| Leasing and similar rights | 25 | €0 | €169,031 | +€169,031 | |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €400,404 | €402,446 | +€2,042 | +0.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €269,612 | €286,945 | +€17,333 | +6.4% |
| Stocks | 30/36 | €269,612 | €286,945 | +€17,333 | +6.4% |
| Amounts receivable within one year | 40/41 | €5,574 | €10,678 | +€5,105 | +91.6% |
| Trade receivables | 40 | €5,142 | €8,756 | +€3,614 | +70.3% |
| Other amounts receivable | 41 | €432 | €1,922 | +€1,491 | +345.5% |
| Current investments | 50/53 | €48,811 | €48,816 | +€5 | 0.0% |
| Cash at bank and in hand | 54/58 | €21,002 | €0 | -€21,002 | -100.0% |
| Deferred charges and accrued income | 490/1 | €55,405 | €56,007 | +€602 | +1.1% |
| Total equity and liabilities | 10/49 | €1,023,635 | €1,118,785 | +€95,149 | +9.3% |
| Equity | 10/15 | -€39,820 | -€43,463 | -€3,643 | -9.1% |
| Contributions | 10/11 | €31,200 | €31,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,020 | -€74,663 | -€3,643 | -5.1% |
| Amounts payable | 17/49 | €1,063,455 | €1,162,247 | +€98,792 | +9.3% |
| Amounts payable after more than one year | 17 | €685,304 | €661,172 | -€24,133 | -3.5% |
| Financial debts | 170/4 | €685,304 | €661,172 | -€24,133 | -3.5% |
| Amounts payable within one year | 42/48 | €377,030 | €498,501 | +€121,471 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €131,185 | €202,937 | +€71,752 | +54.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €102,780 | €162,506 | +€59,726 | +58.1% |
| Suppliers | 440/4 | €102,780 | €162,506 | +€59,726 | +58.1% |
| Taxes, remuneration and social security | 45 | €7,225 | €5,574 | -€1,651 | -22.9% |
| Taxes | 450/3 | €7,225 | €5,574 | -€1,651 | -22.9% |
| Other amounts payable | 47/48 | €35,840 | €27,485 | -€8,355 | -23.3% |
| Accrued charges and deferred income | 492/3 | €1,121 | €2,574 | +€1,454 | +129.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,915 | €123,741 | +€47,826 | +63.0% |
| Other operating charges | 640/8 | €5,251 | €21,075 | +€15,824 | +301.3% |
| Gross operating margin | 9900 | €152,120 | €179,276 | +€27,155 | +17.9% |
| Operating profit (loss) | 9901 | €70,954 | €34,460 | -€36,494 | -51.4% |
| Financial income | 75/76B | €8 | €9 | +€1 | +7.4% |
| Recurring financial income | 75 | €8 | €9 | +€1 | +7.4% |
| Financial charges | 65/66B | €38,120 | €37,804 | -€316 | -0.8% |
| Recurring financial charges | 65 | €38,120 | €37,804 | -€316 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €32,843 | -€3,335 | -€36,178 | |
| Income taxes | 67/77 | €963 | €308 | -€655 | -68.0% |
| Profit (loss) for the period | 9904 | €31,880 | -€3,643 | -€35,523 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,880 | -€3,643 | -€35,523 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.