Dorian Van Belle: 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.
Dorian Van Belle
Largest movements
- Cash +€158,197
up €158,197 (+96.0%), from €164,740 to €322,936
mainly Net result for the year (+€208,028) and Other debts (+€75,729)
- Deferred charges and accrued income +€10,363
up €10,363 (+11.1%), from €93,336 to €103,699
- Profit (loss) carried forward +€101,778
up €101,778 (+46.3%), from €219,737 to €321,515
- Other debts +€75,729
up €75,729 (+248%), from €30,521 to €106,250
- Tax, wage and social debts -€7,060
down €7,060 (-70.7%), from €9,986 to €2,926
of which Taxes: -€7,020
- Gross operating margin +€23,402
up €23,402 (+9.4%), from €250,059 to €273,461
- Taxes +€6,230
up €6,230 (+10.7%), from €58,256 to €64,486
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 | €264,046 | €434,018 | +€169,972 | +64.4% |
| Fixed assets | 21/28 | €5,970 | €3,898 | -€2,072 | -34.7% |
| Tangible fixed assets | 22/27 | €5,970 | €3,898 | -€2,072 | -34.7% |
| Plant, machinery and equipment | 23 | €5,970 | €3,898 | -€2,072 | -34.7% |
| Current assets | 29/58 | €258,076 | €430,121 | +€172,044 | +66.7% |
| Amounts receivable within one year | 40/41 | - | €3,485 | +€3,485 | |
| Other amounts receivable | 41 | - | €3,485 | +€3,485 | |
| Cash at bank and in hand | 54/58 | €164,740 | €322,936 | +€158,197 | +96.0% |
| Deferred charges and accrued income | 490/1 | €93,336 | €103,699 | +€10,363 | +11.1% |
| Total equity and liabilities | 10/49 | €264,046 | €434,018 | +€169,972 | +64.4% |
| Equity | 10/15 | €220,737 | €322,515 | +€101,778 | +46.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €219,737 | €321,515 | +€101,778 | +46.3% |
| Amounts payable | 17/49 | €43,309 | €111,503 | +€68,194 | +157% |
| Amounts payable within one year | 42/48 | €43,309 | €111,503 | +€68,194 | +157% |
| Trade debts | 44 | €2,802 | €2,327 | -€475 | -16.9% |
| Suppliers | 440/4 | €2,802 | €2,327 | -€475 | -16.9% |
| Taxes, remuneration and social security | 45 | €9,986 | €2,926 | -€7,060 | -70.7% |
| Taxes | 450/3 | €9,506 | €2,486 | -€7,020 | -73.8% |
| Remuneration and social security | 454/9 | €480 | €440 | -€40 | -8.3% |
| Other amounts payable | 47/48 | €30,521 | €106,250 | +€75,729 | +248% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,368 | €2,072 | +€704 | +51.4% |
| Gross operating margin | 9900 | €250,059 | €273,461 | +€23,402 | +9.4% |
| Operating profit (loss) | 9901 | €248,690 | €271,389 | +€22,698 | +9.1% |
| Financial income | 75/76B | - | €1,204 | +€1,204 | |
| Recurring financial income | 75 | - | €1,204 | +€1,204 | |
| Financial charges | 65/66B | €30 | €78 | +€48 | +161% |
| Recurring financial charges | 65 | €30 | €78 | +€48 | +161% |
| Profit (loss) for the period before taxes | 9903 | €248,660 | €272,514 | +€23,854 | +9.6% |
| Income taxes | 67/77 | €58,256 | €64,486 | +€6,230 | +10.7% |
| Profit (loss) for the period | 9904 | €190,405 | €208,028 | +€17,624 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €190,405 | €208,028 | +€17,624 | +9.3% |
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 20 October 2026 via checked.be.