Doika: 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.
Doika
Largest movements
- Cash +€43,850
up €43,850 (+89.4%), from €49,037 to €92,887
mainly Trade debts (+€14,278) and Net result for the year (+€11,944)
- Deferred charges and accrued income -€11,622
down €11,622 (-41.2%), from €28,196 to €16,574
- Intangible fixed assets -€3,479
down €3,479 (-45.2%), from €7,691 to €4,213
- Trade debts +€14,278
up €14,278 (+20.3%), from €70,331 to €84,610
- Reserves +€11,944
up €11,944 (+49.7%), from €24,040 to €35,984
- Tax, wage and social debts +€2,658
up €2,658 (+8.5%), from €31,131 to €33,789
of which Taxes: +€1,588
- Gross operating margin +€19,320
up €19,320 (+139.5%), from €13,852 to €33,172
- Staff costs +€5,508
up €5,508 (+51.3%), from €10,744 to €16,252
- Taxes +€2,988
up €2,988 (+1411.7%), from €212 to €3,199
- Depreciation -€585
down €585 (-10.6%), from €5,495 to €4,910
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 | €136,670 | €165,311 | +€28,641 | +21.0% |
| Fixed assets | 21/28 | €9,928 | €6,651 | -€3,276 | -33.0% |
| Intangible fixed assets | 21 | €7,691 | €4,213 | -€3,479 | -45.2% |
| Tangible fixed assets | 22/27 | €2,236 | €2,438 | +€202 | +9.0% |
| Furniture and vehicles | 24 | €2,236 | €2,438 | +€202 | +9.0% |
| Current assets | 29/58 | €126,742 | €158,660 | +€31,918 | +25.2% |
| Stocks and contracts in progress | 3 | €8,241 | €8,734 | +€493 | +6.0% |
| Stocks | 30/36 | €8,241 | €8,734 | +€493 | +6.0% |
| Amounts receivable within one year | 40/41 | €41,268 | €40,465 | -€802 | -1.9% |
| Trade receivables | 40 | €17,195 | €23,131 | +€5,936 | +34.5% |
| Other amounts receivable | 41 | €24,073 | €17,335 | -€6,738 | -28.0% |
| Cash at bank and in hand | 54/58 | €49,037 | €92,887 | +€43,850 | +89.4% |
| Deferred charges and accrued income | 490/1 | €28,196 | €16,574 | -€11,622 | -41.2% |
| Total equity and liabilities | 10/49 | €136,670 | €165,311 | +€28,641 | +21.0% |
| Equity | 10/15 | €32,040 | €43,984 | +€11,944 | +37.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €24,040 | €35,984 | +€11,944 | +49.7% |
| Distributable reserves | 133 | €24,040 | €35,984 | +€11,944 | +49.7% |
| Amounts payable | 17/49 | €104,630 | €121,328 | +€16,698 | +16.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €103,969 | €121,134 | +€17,165 | +16.5% |
| Trade debts | 44 | €70,331 | €84,610 | +€14,278 | +20.3% |
| Suppliers | 440/4 | €70,331 | €84,610 | +€14,278 | +20.3% |
| Taxes, remuneration and social security | 45 | €31,131 | €33,789 | +€2,658 | +8.5% |
| Taxes | 450/3 | €28,151 | €29,738 | +€1,588 | +5.6% |
| Remuneration and social security | 454/9 | €2,981 | €4,051 | +€1,070 | +35.9% |
| Other amounts payable | 47/48 | €2,507 | €2,735 | +€228 | +9.1% |
| Accrued charges and deferred income | 492/3 | €661 | €194 | -€467 | -70.7% |
| Remuneration, social security and pensions | 62 | €10,744 | €16,252 | +€5,508 | +51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,495 | €4,910 | -€585 | -10.6% |
| Other operating charges | 640/8 | €586 | €527 | -€59 | -10.1% |
| Gross operating margin | 9900 | €13,852 | €33,172 | +€19,320 | +139.5% |
| Operating profit (loss) | 9901 | -€2,973 | €11,483 | +€14,456 | |
| Financial income | 75/76B | €3,682 | €3,921 | +€240 | +6.5% |
| Recurring financial income | 75 | €3,682 | €3,921 | +€240 | +6.5% |
| Financial charges | 65/66B | €184 | €261 | +€78 | +42.4% |
| Recurring financial charges | 65 | €184 | €261 | +€78 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €526 | €15,143 | +€14,617 | +2781.4% |
| Income taxes | 67/77 | €212 | €3,199 | +€2,988 | +1411.7% |
| Profit (loss) for the period | 9904 | €314 | €11,944 | +€11,630 | +3704.7% |
| Profit (loss) for the period to be appropriated | 9905 | €314 | €11,944 | +€11,630 | +3704.7% |
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 5 October 2026 via checked.be.