DORPEX: 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.
DORPEX
Largest movements
- Tangible fixed assets -€23,302
down €23,302 (-25.5%), from €91,480 to €68,178
- Stocks and contracts +€20,760
new in 2025: €20,760
- Cash +€12,901
up €12,901 (+3,021%), from €427 to €13,328
mainly Debts after one year (+€48,725) and Net result for the year (+€23,708)
- Receivables within one year -€6,678
down €6,678 (-2.6%), from €254,459 to €247,781
of which Other amounts receivable: -€78,537
- Current portion of long-term debt -€72,816
down €72,816 (-72.1%), from €101,025 to €28,208
- Debts after one year +€48,725
up €48,725 (+114%), from €42,597 to €91,322
- Profit (loss) carried forward +€23,708
up €23,708 (+72.0%), from €32,938 to €56,646
- Trade debts -€5,598
down €5,598 (-37.8%), from €14,819 to €9,221
- Accrued charges and deferred income +€5,487
new in 2025: €5,487
- Financial charges -€38,093
down €38,093 (-87.1%), from €43,745 to €5,652
of which Non-recurring financial charges: -€31,827
- Depreciation -€20,333
down €20,333 (-46.6%), from €43,635 to €23,302
- Gross operating margin -€19,726
down €19,726 (-18.3%), from €107,508 to €87,782
- Staff costs +€13,222
up €13,222 (+42,392%), from €31 to €13,253
- Other operating charges +€12,619
up €12,619 (+4,007%), from €315 to €12,934
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 | €347,791 | €350,047 | +€2,256 | +0.6% |
| Fixed assets | 21/28 | €91,480 | €68,178 | -€23,302 | -25.5% |
| Tangible fixed assets | 22/27 | €91,480 | €68,178 | -€23,302 | -25.5% |
| Furniture and vehicles | 24 | €91,480 | €68,178 | -€23,302 | -25.5% |
| Current assets | 29/58 | €256,310 | €281,869 | +€25,558 | +10.0% |
| Stocks and contracts in progress | 3 | - | €20,760 | +€20,760 | |
| Stocks | 30/36 | - | €20,760 | +€20,760 | |
| Amounts receivable within one year | 40/41 | €254,459 | €247,781 | -€6,678 | -2.6% |
| Trade receivables | 40 | €4,545 | €76,404 | +€71,858 | +1,581% |
| Other amounts receivable | 41 | €249,914 | €171,377 | -€78,537 | -31.4% |
| Cash at bank and in hand | 54/58 | €427 | €13,328 | +€12,901 | +3,021% |
| Deferred charges and accrued income | 490/1 | €1,424 | - | -€1,424 | |
| Total equity and liabilities | 10/49 | €347,791 | €350,047 | +€2,256 | +0.6% |
| Equity | 10/15 | €146,084 | €169,791 | +€23,708 | +16.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Reserves | 13 | €13,146 | €13,146 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,730 | €12,730 | = | 0.0% |
| Legal reserve | 130 | €12,730 | - | -€12,730 | |
| Other | 1319 | - | €12,730 | +€12,730 | |
| Distributable reserves | 133 | €415 | €415 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,938 | €56,646 | +€23,708 | +72.0% |
| Amounts payable | 17/49 | €201,707 | €180,255 | -€21,452 | -10.6% |
| Amounts payable after more than one year | 17 | €42,597 | €91,322 | +€48,725 | +114% |
| Financial debts | 170/4 | €42,597 | €91,322 | +€48,725 | +114% |
| Amounts payable within one year | 42/48 | €159,110 | €83,446 | -€75,664 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €101,025 | €28,208 | -€72,816 | -72.1% |
| Financial debts | 43 | - | €1,996 | +€1,996 | |
| Credit institutions | 430/8 | - | €1,996 | +€1,996 | |
| Trade debts | 44 | €14,819 | €9,221 | -€5,598 | -37.8% |
| Suppliers | 440/4 | €14,819 | €9,221 | -€5,598 | -37.8% |
| Taxes, remuneration and social security | 45 | €14,082 | €14,436 | +€354 | +2.5% |
| Taxes | 450/3 | €14,082 | €14,436 | +€354 | +2.5% |
| Other amounts payable | 47/48 | €29,184 | €29,584 | +€400 | +1.4% |
| Accrued charges and deferred income | 492/3 | - | €5,487 | +€5,487 | |
| Remuneration, social security and pensions | 62 | €31 | €13,253 | +€13,222 | +42,392% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,635 | €23,302 | -€20,333 | -46.6% |
| Other operating charges | 640/8 | €315 | €12,934 | +€12,619 | +4,007% |
| Gross operating margin | 9900 | €107,508 | €87,782 | -€19,726 | -18.3% |
| Operating profit (loss) | 9901 | €63,527 | €38,292 | -€25,235 | -39.7% |
| Financial income | 75/76B | €12,162 | - | -€12,162 | |
| Recurring financial income | 75 | €12,162 | - | -€12,162 | |
| Financial charges | 65/66B | €43,745 | €5,652 | -€38,093 | -87.1% |
| Recurring financial charges | 65 | €11,919 | €5,652 | -€6,266 | -52.6% |
| Non-recurring financial charges | 66B | €31,827 | - | -€31,827 | |
| Profit (loss) for the period before taxes | 9903 | €31,944 | €32,640 | +€696 | +2.2% |
| Income taxes | 67/77 | €8,705 | €8,932 | +€227 | +2.6% |
| Profit (loss) for the period | 9904 | €23,238 | €23,708 | +€470 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,238 | €23,708 | +€470 | +2.0% |
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 19 October 2026 via checked.be.