DOLUCO: 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.
DOLUCO
Largest movements
- Stocks and contracts -€88,682
down €88,682 (-24.1%), from €367,600 to €278,917
- Intangible fixed assets +€28,173
new in 2025: €28,173
- Tangible fixed assets -€10,231
down €10,231 (-19.3%), from €52,947 to €42,716
- Cash +€8,464
up €8,464 (+229.5%), from €3,687 to €12,151
mainly Stocks and contracts (+€88,682) and Other debts (+€73,000)
- Receivables within one year +€6,111
up €6,111 (+947.9%), from €645 to €6,756
- Short-term financial debts -€120,000
down €120,000 (-35.8%), from €335,000 to €215,000
- Other debts +€73,000
up €73,000 (+185.7%), from €39,315 to €112,315
- Debts after one year -€9,654
down €9,654 (-24.6%), from €39,219 to €29,565
- Gross operating margin +€31,244
up €31,244, from -€4,537 to €26,707
- Financial charges +€12,919
up €12,919 (+217.4%), from €5,943 to €18,863
of which Financial charges: +€12,903
- Depreciation +€7,833
up €7,833 (+155.0%), from €5,053 to €12,886
- Financial income +€2,628
new in 2025: €2,628
- Other operating charges +€698
up €698 (+85.6%), from €815 to €1,512
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 | €424,879 | €368,714 | -€56,165 | -13.2% |
| Fixed assets | 21/28 | €52,947 | €70,890 | +€17,943 | +33.9% |
| Intangible fixed assets | 21 | - | €28,173 | +€28,173 | |
| Tangible fixed assets | 22/27 | €52,947 | €42,716 | -€10,231 | -19.3% |
| Furniture and vehicles | 24 | €52,947 | €42,716 | -€10,231 | -19.3% |
| Current assets | 29/58 | €371,932 | €297,824 | -€74,108 | -19.9% |
| Stocks and contracts in progress | 3 | €367,600 | €278,917 | -€88,682 | -24.1% |
| Stocks | 30/36 | €367,600 | €278,917 | -€88,682 | -24.1% |
| Amounts receivable within one year | 40/41 | €645 | €6,756 | +€6,111 | +947.9% |
| Other amounts receivable | 41 | €645 | €6,756 | +€6,111 | +947.9% |
| Cash at bank and in hand | 54/58 | €3,687 | €12,151 | +€8,464 | +229.5% |
| Total equity and liabilities | 10/49 | €424,879 | €368,714 | -€56,165 | -13.2% |
| Equity | 10/15 | -€4,348 | -€8,275 | -€3,927 | -90.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,348 | -€20,275 | -€3,927 | -24.0% |
| Amounts payable | 17/49 | €429,227 | €376,989 | -€52,238 | -12.2% |
| Amounts payable after more than one year | 17 | €39,219 | €29,565 | -€9,654 | -24.6% |
| Financial debts | 170/4 | €39,219 | €29,565 | -€9,654 | -24.6% |
| Amounts payable within one year | 42/48 | €390,008 | €347,423 | -€42,584 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €9,272 | €9,654 | +€382 | +4.1% |
| Financial debts | 43 | €335,000 | €215,000 | -€120,000 | -35.8% |
| Credit institutions | 430/8 | €335,000 | €215,000 | -€120,000 | -35.8% |
| Trade debts | 44 | €4,797 | €8,117 | +€3,320 | +69.2% |
| Suppliers | 440/4 | €4,797 | €8,117 | +€3,320 | +69.2% |
| Taxes, remuneration and social security | 45 | €1,624 | €2,338 | +€714 | +44.0% |
| Taxes | 450/3 | €1,624 | €2,338 | +€714 | +44.0% |
| Other amounts payable | 47/48 | €39,315 | €112,315 | +€73,000 | +185.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,053 | €12,886 | +€7,833 | +155.0% |
| Other operating charges | 640/8 | €815 | €1,512 | +€698 | +85.6% |
| Gross operating margin | 9900 | -€4,537 | €26,707 | +€31,244 | |
| Operating profit (loss) | 9901 | -€10,405 | €12,308 | +€22,713 | |
| Financial income | 75/76B | - | €2,628 | +€2,628 | |
| Recurring financial income | 75 | - | €2,628 | +€2,628 | |
| Financial charges | 65/66B | €5,943 | €18,863 | +€12,919 | +217.4% |
| Recurring financial charges | 65 | €5,933 | €18,836 | +€12,903 | +217.5% |
| Non-recurring financial charges | 66B | €10 | €27 | +€17 | +163.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,348 | -€3,927 | +€12,422 | +76.0% |
| Profit (loss) for the period | 9904 | -€16,348 | -€3,927 | +€12,422 | +76.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,348 | -€3,927 | +€12,422 | +76.0% |
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 9 October 2026 via checked.be.