DOCNICOVDB: 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.
DOCNICOVDB
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-25.6%), from €78,000 to €58,000
- Cash +€18,745
up €18,745 (+108.6%), from €17,267 to €36,012
mainly Depreciation (+€29,226) and Other debts (+€20,988)
- Tangible fixed assets -€4,091
down €4,091 (-13.0%), from €31,548 to €27,457
of which Plant, machinery and equipment: -€7,411
- Receivables within one year -€1,663
down €1,663 (-45.4%), from €3,662 to €1,999
of which Trade receivables: -€2,912
- Other debts +€20,988
up €20,988 (+66.9%), from €31,393 to €52,381
- Debts after one year -€11,264
down €11,264 (-61.6%), from €18,272 to €7,008
- Profit (loss) carried forward -€10,969
down €10,969 (-23.2%), from €47,312 to €36,343
- Trade debts -€4,025
down €4,025 (-84.0%), from €4,792 to €766
- Current portion of long-term debt -€3,839
down €3,839 (-25.4%), from €15,103 to €11,264
- Gross operating margin +€11,755
up €11,755 (+24.8%), from €47,364 to €59,120
- Taxes +€2,338
up €2,338 (+53.0%), from €4,413 to €6,751
- Depreciation +€1,290
up €1,290 (+4.6%), from €27,936 to €29,226
- Other operating charges +€873
up €873 (+178.8%), from €488 to €1,361
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 | €131,131 | €124,121 | -€7,010 | -5.3% |
| Fixed assets | 21/28 | €109,911 | €85,820 | -€24,091 | -21.9% |
| Intangible fixed assets | 21 | €78,000 | €58,000 | -€20,000 | -25.6% |
| Tangible fixed assets | 22/27 | €31,548 | €27,457 | -€4,091 | -13.0% |
| Land and buildings | 22 | €449 | - | -€449 | |
| Plant, machinery and equipment | 23 | €24,084 | €16,673 | -€7,411 | -30.8% |
| Furniture and vehicles | 24 | €1,565 | €5,334 | +€3,768 | +240.7% |
| Other tangible fixed assets | 26 | €5,450 | €5,450 | = | 0.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €21,220 | €38,301 | +€17,082 | +80.5% |
| Amounts receivable within one year | 40/41 | €3,662 | €1,999 | -€1,663 | -45.4% |
| Trade receivables | 40 | €2,912 | - | -€2,912 | |
| Other amounts receivable | 41 | €750 | €1,999 | +€1,249 | +166.5% |
| Cash at bank and in hand | 54/58 | €17,267 | €36,012 | +€18,745 | +108.6% |
| Deferred charges and accrued income | 490/1 | €290 | €290 | = | 0.0% |
| Total equity and liabilities | 10/49 | €131,131 | €124,121 | -€7,010 | -5.3% |
| Equity | 10/15 | €61,572 | €50,603 | -€10,969 | -17.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,312 | €36,343 | -€10,969 | -23.2% |
| Amounts payable | 17/49 | €69,559 | €73,518 | +€3,959 | +5.7% |
| Amounts payable after more than one year | 17 | €18,272 | €7,008 | -€11,264 | -61.6% |
| Financial debts | 170/4 | €18,272 | €7,008 | -€11,264 | -61.6% |
| Amounts payable within one year | 42/48 | €51,287 | €66,511 | +€15,223 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | €15,103 | €11,264 | -€3,839 | -25.4% |
| Trade debts | 44 | €4,792 | €766 | -€4,025 | -84.0% |
| Suppliers | 440/4 | €4,792 | €766 | -€4,025 | -84.0% |
| Taxes, remuneration and social security | 45 | - | €2,099 | +€2,099 | |
| Remuneration and social security | 454/9 | - | €2,099 | +€2,099 | |
| Other amounts payable | 47/48 | €31,393 | €52,381 | +€20,988 | +66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,936 | €29,226 | +€1,290 | +4.6% |
| Other operating charges | 640/8 | €488 | €1,361 | +€873 | +178.8% |
| Gross operating margin | 9900 | €47,364 | €59,120 | +€11,755 | +24.8% |
| Operating profit (loss) | 9901 | €18,940 | €28,533 | +€9,592 | +50.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €3,065 | €2,755 | -€311 | -10.1% |
| Recurring financial charges | 65 | €3,065 | €2,755 | -€311 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €15,875 | €25,782 | +€9,907 | +62.4% |
| Income taxes | 67/77 | €4,413 | €6,751 | +€2,338 | +53.0% |
| Profit (loss) for the period | 9904 | €11,462 | €19,031 | +€7,569 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,462 | €19,031 | +€7,569 | +66.0% |
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 4 October 2026 via checked.be.