DOCVANOS: 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.
DOCVANOS
Largest movements
- Cash +€38,890
up €38,890 (+26.9%), from €144,541 to €183,430
mainly Net result for the year (+€37,281) and Depreciation (+€21,773)
- Tangible fixed assets -€21,773
down €21,773 (-5.1%), from €424,302 to €402,529
of which Furniture and vehicles: -€11,333
- Receivables within one year -€8,018
down €8,018 (-88.2%), from €9,090 to €1,072
- Reserves +€35,000
up €35,000 (+30.9%), from €113,297 to €148,297
of which Distributable reserves: +€35,000
- Tax, wage and social debts -€24,357
down €24,357 (-55.8%), from €43,651 to €19,295
of which Taxes: -€21,609
- Gross operating margin -€41,315
down €41,315 (-33.5%), from €123,418 to €82,103
- Taxes -€13,833
down €13,833 (-43.1%), from €32,099 to €18,266
- Other operating charges +€3,273
up €3,273 (+152%), from €2,152 to €5,425
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 | €581,638 | €590,838 | +€9,200 | +1.6% |
| Fixed assets | 21/28 | €424,302 | €402,529 | -€21,773 | -5.1% |
| Tangible fixed assets | 22/27 | €424,302 | €402,529 | -€21,773 | -5.1% |
| Land and buildings | 22 | €404,294 | €393,928 | -€10,366 | -2.6% |
| Plant, machinery and equipment | 23 | €73 | - | -€73 | |
| Furniture and vehicles | 24 | €19,934 | €8,601 | -€11,333 | -56.9% |
| Current assets | 29/58 | €157,336 | €188,309 | +€30,973 | +19.7% |
| Amounts receivable within one year | 40/41 | €9,090 | €1,072 | -€8,018 | -88.2% |
| Trade receivables | 40 | €9,090 | €1,072 | -€8,018 | -88.2% |
| Cash at bank and in hand | 54/58 | €144,541 | €183,430 | +€38,890 | +26.9% |
| Deferred charges and accrued income | 490/1 | €3,705 | €3,807 | +€102 | +2.7% |
| Total equity and liabilities | 10/49 | €581,638 | €590,838 | +€9,200 | +1.6% |
| Equity | 10/15 | €526,260 | €563,541 | +€37,281 | +7.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €113,297 | €148,297 | +€35,000 | +30.9% |
| Non-distributable reserves | 130/1 | €3,297 | €3,297 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,297 | €3,297 | = | 0.0% |
| Distributable reserves | 133 | €110,000 | €145,000 | +€35,000 | +31.8% |
| Profit (loss) carried forward | 14 | €400,563 | €402,844 | +€2,281 | +0.6% |
| Amounts payable | 17/49 | €55,378 | €27,297 | -€28,081 | -50.7% |
| Amounts payable within one year | 42/48 | €55,378 | €27,297 | -€28,081 | -50.7% |
| Trade debts | 44 | €7,343 | €5,392 | -€1,951 | -26.6% |
| Suppliers | 440/4 | €7,343 | €5,392 | -€1,951 | -26.6% |
| Taxes, remuneration and social security | 45 | €43,651 | €19,295 | -€24,357 | -55.8% |
| Taxes | 450/3 | €40,901 | €19,292 | -€21,609 | -52.8% |
| Remuneration and social security | 454/9 | €2,750 | €3 | -€2,748 | -99.9% |
| Other amounts payable | 47/48 | €4,383 | €2,610 | -€1,773 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,829 | €21,773 | -€57 | -0.3% |
| Other operating charges | 640/8 | €2,152 | €5,425 | +€3,273 | +152% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | €123,418 | €82,103 | -€41,315 | -33.5% |
| Operating profit (loss) | 9901 | €99,436 | €54,905 | -€44,531 | -44.8% |
| Financial income | 75/76B | €9 | €688 | +€679 | +7,688% |
| Recurring financial income | 75 | €9 | €688 | +€679 | +7,688% |
| Financial charges | 65/66B | €45 | €45 | +€0 | +0.1% |
| Recurring financial charges | 65 | €45 | €45 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €99,400 | €55,548 | -€43,852 | -44.1% |
| Income taxes | 67/77 | €32,099 | €18,266 | -€13,833 | -43.1% |
| Profit (loss) for the period | 9904 | €67,301 | €37,281 | -€30,020 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,301 | €37,281 | -€30,020 | -44.6% |
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 19 October 2026 via checked.be.