DOROB: 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.
What changed
DOROB
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€604,951
2024 · €40,488+€564,463
Equity
€1.3m
2024 · €1.2m+€144,451
Cash
€599,242
2024 · €76,799+€522,443
Balance sheet total
€2.1m
2024 · €1.9m+€151,245
Largest movements
Assets
- Cash +€522,443
up €522,443 (+680.3%), from €76,799 to €599,242
mainly Net result for the year (+€604,951) and Investment in fixed assets (net) (+€344,259)
- Financial fixed assets -€400,000
down €400,000 (-22.8%), from €1.8m to €1.4m
- Receivables within one year +€23,388
up €23,388 (+297.8%), from €7,855 to €31,243
of which Trade receivables: +€26,015
Equity and liabilities
- Reserves +€155,000
up €155,000 (+13.8%), from €1.1m to €1.3m
Income statement
- Financial income +€589,102
up €589,102, from €0 to €589,102
of which Financial income: +€570,102
- Services and other goods +€26,452
up €26,452 (+18.2%), from €145,176 to €171,628
- Other operating income +€8,446
up €8,446 (+33.6%), from €25,135 to €33,581
- Depreciation +€7,969
up €7,969 (+18.8%), from €42,409 to €50,379
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.
Result 2024
€40,488
Other operating income
+€8,446
Services and other goods
-€26,452
Depreciation
-€7,969
Other operating charges
-€177
Financial income
+€589,102
Financial charges
-€162
Taxes
+€1,675
Result 2025
€604,951
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.
From operations
+€640,016
Investment
+€344,259
Financing
-€461,832
Cash 2024
€76,799
From operations (derived)
+€640,016
Net result for the year
+€604,951
Depreciation
+€50,379
Receivables within one year
-€23,388
Smaller working-capital items
+€955
Tax, wage and social debts
+€9,595
Other debts
-€2,475
Investment (derived)
+€344,259
Investment in fixed assets (net)
+€344,259
Financing
-€461,832
Debts after one year
+€18,742
Current portion of long-term debt
-€20,075
Contributions, distributions and other
-€460,500
Cash 2025
€599,242
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,949,061 | €2,100,306 | +€151,245 | +7.8% |
| Fixed assets | 21/28 | €1,860,999 | €1,466,361 | -€394,638 | -21.2% |
| Tangible fixed assets | 22/27 | €109,822 | €115,184 | +€5,362 | +4.9% |
| Furniture and vehicles | 24 | €109,822 | €115,184 | +€5,362 | +4.9% |
| Financial fixed assets | 28 | €1,751,176 | €1,351,176 | -€400,000 | -22.8% |
| Affiliated companies | 280/1 | €1,751,176 | €1,351,176 | -€400,000 | -22.8% |
| Participating interests | 280 | €1,751,176 | €1,351,176 | -€400,000 | -22.8% |
| Current assets | 29/58 | €88,062 | €633,946 | +€545,883 | +619.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €7,855 | €31,243 | +€23,388 | +297.8% |
| Trade receivables | 40 | - | €26,015 | +€26,015 | |
| Other amounts receivable | 41 | €7,855 | €5,228 | -€2,627 | -33.4% |
| Cash at bank and in hand | 54/58 | €76,799 | €599,242 | +€522,443 | +680.3% |
| Deferred charges and accrued income | 490/1 | €3,409 | €3,461 | +€52 | +1.5% |
| Total equity and liabilities | 10/49 | €1,949,061 | €2,100,306 | +€151,245 | +7.8% |
| Equity | 10/15 | €1,162,045 | €1,306,496 | +€144,451 | +12.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,125,000 | €1,280,000 | +€155,000 | +13.8% |
| Distributable reserves | 133 | €1,125,000 | €1,280,000 | +€155,000 | +13.8% |
| Profit (loss) carried forward | 14 | €17,045 | €6,496 | -€10,549 | -61.9% |
| Amounts payable | 17/49 | €787,016 | €793,811 | +€6,795 | +0.9% |
| Amounts payable after more than one year | 17 | €702,944 | €721,686 | +€18,742 | +2.7% |
| Financial debts | 170/4 | €702,944 | €721,686 | +€18,742 | +2.7% |
| Credit institutions | 173 | €22,944 | €41,686 | +€18,742 | +81.7% |
| Other loans | 174 | €680,000 | €680,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €84,073 | €72,125 | -€11,948 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €46,773 | €26,699 | -€20,075 | -42.9% |
| Trade debts | 44 | €0 | €1,007 | +€1,007 | |
| Suppliers | 440/4 | €0 | €1,007 | +€1,007 | |
| Taxes, remuneration and social security | 45 | €10,999 | €20,594 | +€9,595 | +87.2% |
| Taxes | 450/3 | €10,983 | €16,254 | +€5,271 | +48.0% |
| Remuneration and social security | 454/9 | €16 | €4,340 | +€4,324 | +26397.1% |
| Other amounts payable | 47/48 | €26,300 | €23,825 | -€2,475 | -9.4% |
| Operating income | 70/76A | €283,135 | €291,581 | +€8,446 | +3.0% |
| Turnover | 70 | €258,000 | €258,000 | = | 0.0% |
| Other operating income | 74 | €25,135 | €33,581 | +€8,446 | +33.6% |
| Operating charges | 60/66A | €192,301 | €226,899 | +€34,598 | +18.0% |
| Services and other goods | 61 | €145,176 | €171,628 | +€26,452 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,409 | €50,379 | +€7,969 | +18.8% |
| Other operating charges | 640/8 | €4,715 | €4,892 | +€177 | +3.8% |
| Operating profit (loss) | 9901 | €90,835 | €64,682 | -€26,153 | -28.8% |
| Financial income | 75/76B | €0 | €589,102 | +€589,102 | |
| Recurring financial income | 75 | €0 | €570,102 | +€570,102 | |
| Income from current assets | 751 | €0 | €101 | +€101 | |
| Other financial income | 752/9 | - | €570,001 | +€570,001 | |
| Non-recurring financial income | 76B | - | €19,000 | +€19,000 | |
| Financial charges | 65/66B | €30,369 | €30,530 | +€162 | +0.5% |
| Recurring financial charges | 65 | €30,369 | €30,530 | +€162 | +0.5% |
| Debt charges | 650 | €29,860 | €29,853 | -€7 | 0.0% |
| Other financial charges | 652/9 | €509 | €678 | +€169 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €60,466 | €623,253 | +€562,788 | +930.8% |
| Income taxes | 67/77 | €19,978 | €18,303 | -€1,675 | -8.4% |
| Taxes | 670/3 | €19,978 | €18,303 | -€1,675 | -8.4% |
| Profit (loss) for the period | 9904 | €40,488 | €604,951 | +€564,463 | +1394.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,488 | €604,951 | +€564,463 | +1394.2% |
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 7 October 2026 via checked.be.