DOE VOORT: 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.
DOE VOORT
Largest movements
- Receivables after one year -€64,737
down €64,737 (-79.8%), from €81,150 to €16,413
- Receivables within one year +€37,851
up €37,851 (+37.3%), from €101,477 to €139,328
of which Other amounts receivable: +€37,851
- Cash +€20,485
up €20,485 (+1,679%), from €1,220 to €21,705
mainly Receivables after one year (+€64,737) and Net result for the year (+€12,070)
- Other debts -€16,874
down €16,874 (-77.2%), from €21,855 to €4,982
- Profit (loss) carried forward +€12,070
up €12,070 (+4.7%), from €257,521 to €269,591
- Gross operating margin +€28,910
up €28,910, from -€16,680 to €12,230
- Financial income -€2,074
down €2,074 (-43.0%), from €4,820 to €2,746
- Depreciation +€994
up €994 (+258%), from €386 to €1,380
- Other operating charges +€892
up €892 (+169%), from €528 to €1,420
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 | €487,660 | €480,446 | -€7,214 | -1.5% |
| Fixed assets | 21/28 | €303,000 | €303,000 | = | 0.0% |
| Financial fixed assets | 28 | €303,000 | €303,000 | = | 0.0% |
| Current assets | 29/58 | €184,660 | €177,446 | -€7,214 | -3.9% |
| Amounts receivable after more than one year | 29 | €81,150 | €16,413 | -€64,737 | -79.8% |
| Other amounts receivable | 291 | €81,150 | €16,413 | -€64,737 | -79.8% |
| Amounts receivable within one year | 40/41 | €101,477 | €139,328 | +€37,851 | +37.3% |
| Trade receivables | 40 | €13,009 | €13,009 | = | 0.0% |
| Other amounts receivable | 41 | €88,468 | €126,319 | +€37,851 | +42.8% |
| Cash at bank and in hand | 54/58 | €1,220 | €21,705 | +€20,485 | +1,679% |
| Deferred charges and accrued income | 490/1 | €813 | €0 | -€813 | -100% |
| Total equity and liabilities | 10/49 | €487,660 | €480,446 | -€7,214 | -1.5% |
| Equity | 10/15 | €288,081 | €300,151 | +€12,070 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,960 | €11,960 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,100 | €10,100 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €257,521 | €269,591 | +€12,070 | +4.7% |
| Amounts payable | 17/49 | €199,579 | €180,295 | -€19,284 | -9.7% |
| Amounts payable within one year | 42/48 | €199,579 | €180,295 | -€19,284 | -9.7% |
| Trade debts | 44 | €175,537 | €175,313 | -€224 | -0.1% |
| Suppliers | 440/4 | €175,537 | €175,313 | -€224 | -0.1% |
| Taxes, remuneration and social security | 45 | €2,187 | €0 | -€2,187 | -100% |
| Taxes | 450/3 | €2,187 | €0 | -€2,187 | -100% |
| Other amounts payable | 47/48 | €21,855 | €4,982 | -€16,874 | -77.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €386 | €1,380 | +€994 | +258% |
| Other operating charges | 640/8 | €528 | €1,420 | +€892 | +169% |
| Gross operating margin | 9900 | -€16,680 | €12,230 | +€28,910 | |
| Operating profit (loss) | 9901 | -€17,594 | €9,429 | +€27,023 | |
| Financial income | 75/76B | €4,820 | €2,746 | -€2,074 | -43.0% |
| Recurring financial income | 75 | €4,820 | €2,746 | -€2,074 | -43.0% |
| Financial charges | 65/66B | €131 | €105 | -€26 | -19.8% |
| Recurring financial charges | 65 | €131 | €105 | -€26 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,905 | €12,070 | +€24,976 | |
| Income taxes | 67/77 | €14 | €0 | -€14 | -100% |
| Profit (loss) for the period | 9904 | -€12,920 | €12,070 | +€24,990 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,920 | €12,070 | +€24,990 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.