DOFIM: 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.
DOFIM
Largest movements
- Current investments +€200,000
up €200,000 (+796.5%), from €25,110 to €225,110
- Stocks and contracts +€160,503
up €160,503 (+56.4%), from €284,663 to €445,165
- Receivables after one year -€159,000
down €159,000 (-48.0%), from €331,000 to €172,000
- Financial fixed assets -€50,000
down €50,000 (-49.9%), from €100,228 to €50,228
- Tangible fixed assets -€22,530
down €22,530 (-9.9%), from €226,468 to €203,939
of which Other tangible fixed assets: -€17,712
- Short-term financial debts +€150,310
new in 2024: €150,310
- Profit (loss) carried forward +€70,067
up €70,067 (+141.6%), from €49,488 to €119,556
- Reserves -€65,083
down €65,083 (-13.0%), from €499,026 to €433,943
of which Tax-exempt reserves: -€65,083
- Debts after one year -€28,683
down €28,683 (-7.4%), from €388,100 to €359,417
of which Financial debts: -€28,683
- Provisions -€22,696
down €22,696 (-18.1%), from €125,210 to €102,514
- Taxes +€22,258
up €22,258 (+7327.6%), from €304 to €22,561
- Financial income +€17,384
up €17,384 (+176.2%), from €9,864 to €27,248
- Gross operating margin -€3,187
down €3,187 (-13.9%), from €22,904 to €19,716
- Financial charges +€3,017
up €3,017 (+18.6%), from €16,181 to €19,198
- Depreciation -€1,976
down €1,976 (-8.1%), from €24,506 to €22,530
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,156,891 | €1,293,329 | +€136,438 | +11.8% |
| Fixed assets | 21/28 | €326,696 | €254,167 | -€72,530 | -22.2% |
| Tangible fixed assets | 22/27 | €226,468 | €203,939 | -€22,530 | -9.9% |
| Land and buildings | 22 | €112,888 | €110,248 | -€2,640 | -2.3% |
| Furniture and vehicles | 24 | €3,094 | €916 | -€2,178 | -70.4% |
| Other tangible fixed assets | 26 | €110,486 | €92,774 | -€17,712 | -16.0% |
| Financial fixed assets | 28 | €100,228 | €50,228 | -€50,000 | -49.9% |
| Current assets | 29/58 | €830,195 | €1,039,162 | +€208,967 | +25.2% |
| Amounts receivable after more than one year | 29 | €331,000 | €172,000 | -€159,000 | -48.0% |
| Other amounts receivable | 291 | €331,000 | €172,000 | -€159,000 | -48.0% |
| Stocks and contracts in progress | 3 | €284,663 | €445,165 | +€160,503 | +56.4% |
| Stocks | 30/36 | €284,663 | €445,165 | +€160,503 | +56.4% |
| Amounts receivable within one year | 40/41 | €65,726 | €51,528 | -€14,198 | -21.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €65,726 | €51,528 | -€14,198 | -21.6% |
| Current investments | 50/53 | €25,110 | €225,110 | +€200,000 | +796.5% |
| Cash at bank and in hand | 54/58 | €117,433 | €137,072 | +€19,639 | +16.7% |
| Deferred charges and accrued income | 490/1 | €6,264 | €8,287 | +€2,023 | +32.3% |
| Total equity and liabilities | 10/49 | €1,156,891 | €1,293,329 | +€136,438 | +11.8% |
| Equity | 10/15 | €612,515 | €617,499 | +€4,984 | +0.8% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €499,026 | €433,943 | -€65,083 | -13.0% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Legal reserve | 130 | €6,400 | €6,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €372,626 | €307,543 | -€65,083 | -17.5% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,488 | €119,556 | +€70,067 | +141.6% |
| Provisions and deferred taxes | 16 | €125,210 | €102,514 | -€22,696 | -18.1% |
| Deferred taxes | 168 | €125,210 | €102,514 | -€22,696 | -18.1% |
| Amounts payable | 17/49 | €419,166 | €573,316 | +€154,149 | +36.8% |
| Amounts payable after more than one year | 17 | €388,100 | €359,417 | -€28,683 | -7.4% |
| Financial debts | 170/4 | €318,100 | €289,417 | -€28,683 | -9.0% |
| Other amounts payable | 178/9 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,066 | €213,899 | +€182,832 | +588.5% |
| Current portion of amounts payable after more than one year | 42 | €28,235 | €28,683 | +€448 | +1.6% |
| Financial debts | 43 | - | €150,310 | +€150,310 | |
| Credit institutions | 430/8 | - | €150,310 | +€150,310 | |
| Trade debts | 44 | €2,831 | €12,344 | +€9,513 | +336.0% |
| Suppliers | 440/4 | €2,831 | €12,344 | +€9,513 | +336.0% |
| Taxes, remuneration and social security | 45 | - | €22,561 | +€22,561 | |
| Taxes | 450/3 | - | €22,561 | +€22,561 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,506 | €22,530 | -€1,976 | -8.1% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €22,904 | €19,716 | -€3,187 | -13.9% |
| Operating profit (loss) | 9901 | -€1,987 | -€3,201 | -€1,214 | -61.1% |
| Financial income | 75/76B | €9,864 | €27,248 | +€17,384 | +176.2% |
| Recurring financial income | 75 | €9,864 | €27,248 | +€17,384 | +176.2% |
| Financial charges | 65/66B | €16,181 | €19,198 | +€3,017 | +18.6% |
| Recurring financial charges | 65 | €16,181 | €19,198 | +€3,017 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,304 | €4,849 | +€13,153 | |
| Transfer from deferred taxes | 780 | €6,984 | €87,779 | +€80,796 | +1156.9% |
| Income taxes | 67/77 | €304 | €22,561 | +€22,258 | +7327.6% |
| Profit (loss) for the period | 9904 | -€1,624 | €70,067 | +€71,691 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,624 | €70,067 | +€71,691 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.