DOK12: 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.
DOK12
Largest movements
- Tangible fixed assets +€42,060
up €42,060 (+283%), from €14,877 to €56,937
of which Furniture and vehicles: +€41,323
- Receivables within one year -€4,804
down €4,804 (-18.4%), from €26,181 to €21,376
of which Other amounts receivable: -€5,860
- Cash +€3,538
up €3,538 (+3.4%), from €103,678 to €107,216
mainly Other debts (+€68,150) and Net result for the year (+€43,214)
- Other debts +€68,150
up €68,150 (+333%), from €20,449 to €88,598
- Reserves -€18,641
down €18,641 (-19.9%), from €93,888 to €75,247
of which Distributable reserves: -€18,641
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Tax, wage and social debts +€9,954
up €9,954 (+84.9%), from €11,730 to €21,684
- Gross operating margin +€30,918
up €30,918 (+45.5%), from €67,902 to €98,821
- Taxes +€6,696
up €6,696 (+102%), from €6,566 to €13,261
- Depreciation +€1,923
up €1,923 (+36.4%), from €5,281 to €7,204
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 | €240,710 | €280,798 | +€40,089 | +16.7% |
| Fixed assets | 21/28 | €14,877 | €56,937 | +€42,060 | +283% |
| Tangible fixed assets | 22/27 | €14,877 | €56,937 | +€42,060 | +283% |
| Land and buildings | 22 | €4,013 | €3,533 | -€480 | -12.0% |
| Plant, machinery and equipment | 23 | €1,409 | €2,626 | +€1,217 | +86.3% |
| Furniture and vehicles | 24 | €9,455 | €50,778 | +€41,323 | +437% |
| Current assets | 29/58 | €225,832 | €223,861 | -€1,971 | -0.9% |
| Amounts receivable after more than one year | 29 | €95,974 | €95,269 | -€705 | -0.7% |
| Other amounts receivable | 291 | €95,974 | €95,269 | -€705 | -0.7% |
| Amounts receivable within one year | 40/41 | €26,181 | €21,376 | -€4,804 | -18.4% |
| Trade receivables | 40 | €16,887 | €17,942 | +€1,055 | +6.2% |
| Other amounts receivable | 41 | €9,294 | €3,434 | -€5,860 | -63.0% |
| Cash at bank and in hand | 54/58 | €103,678 | €107,216 | +€3,538 | +3.4% |
| Total equity and liabilities | 10/49 | €240,710 | €280,798 | +€40,089 | +16.7% |
| Equity | 10/15 | €112,488 | €75,247 | -€37,241 | -33.1% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €93,888 | €75,247 | -€18,641 | -19.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €92,028 | €73,387 | -€18,641 | -20.3% |
| Amounts payable | 17/49 | €128,222 | €205,552 | +€77,330 | +60.3% |
| Amounts payable within one year | 42/48 | €32,248 | €110,283 | +€78,035 | +242% |
| Trade debts | 44 | €69 | - | -€69 | |
| Suppliers | 440/4 | €69 | - | -€69 | |
| Taxes, remuneration and social security | 45 | €11,730 | €21,684 | +€9,954 | +84.9% |
| Taxes | 450/3 | €11,730 | €21,684 | +€9,954 | +84.9% |
| Other amounts payable | 47/48 | €20,449 | €88,598 | +€68,150 | +333% |
| Accrued charges and deferred income | 492/3 | €95,974 | €95,269 | -€705 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,281 | €7,204 | +€1,923 | +36.4% |
| Other operating charges | 640/8 | €229 | - | -€229 | |
| Gross operating margin | 9900 | €67,902 | €98,821 | +€30,918 | +45.5% |
| Operating profit (loss) | 9901 | €62,392 | €91,616 | +€29,224 | +46.8% |
| Financial income | 75/76B | €757 | €705 | -€53 | -6.9% |
| Recurring financial income | 75 | €757 | €705 | -€53 | -6.9% |
| Financial charges | 65/66B | €35,702 | €35,846 | +€144 | +0.4% |
| Recurring financial charges | 65 | €35,702 | €35,846 | +€144 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €27,447 | €56,475 | +€29,028 | +106% |
| Income taxes | 67/77 | €6,566 | €13,261 | +€6,696 | +102% |
| Profit (loss) for the period | 9904 | €20,882 | €43,214 | +€22,332 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €20,882 | €43,214 | +€22,332 | +107% |
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 1 November 2026 via checked.be.