DOTHEE: 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.
DOTHEE
Largest movements
- Receivables within one year +€919,795
up €919,795 (+67.8%), from €1.4m to €2.3m
of which Trade receivables: +€1.1m
- Cash -€427,473
down €427,473 (-26.2%), from €1.6m to €1.2m
mainly Receivables within one year (-€919,795) and Contributions, distributions and other (-€763,125)
- Stocks and contracts -€134,977
down €134,977 (-8.8%), from €1.5m to €1.4m
- Reserves +€345,885
up €345,885 (+7.5%), from €4.6m to €5.0m
of which Distributable reserves: +€348,259
- Other debts +€177,091
up €177,091 (+708.4%), from €25,000 to €202,091
- Debts after one year -€83,195
no longer reported in 2025 (was €83,195)
- Write-downs -€753,940
down €753,940, from €198,998 to -€554,942
- Other operating charges +€376,213
up €376,213 (+502.0%), from €74,937 to €451,150
- Staff costs +€198,730
up €198,730 (+17.7%), from €1.1m to €1.3m
- Gross operating margin +€137,264
up €137,264 (+4.9%), from €2.8m to €3.0m
- Taxes +€88,766
up €88,766 (+21.1%), from €420,129 to €508,895
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 | €6,065,626 | €6,439,450 | +€373,824 | +6.2% |
| Fixed assets | 21/28 | €1,469,201 | €1,513,923 | +€44,722 | +3.0% |
| Tangible fixed assets | 22/27 | €555,634 | €600,356 | +€44,722 | +8.0% |
| Land and buildings | 22 | €119,649 | - | -€119,649 | |
| Plant, machinery and equipment | 23 | €384,817 | €557,769 | +€172,952 | +44.9% |
| Furniture and vehicles | 24 | €51,168 | €42,587 | -€8,581 | -16.8% |
| Financial fixed assets | 28 | €913,567 | €913,567 | = | 0.0% |
| Current assets | 29/58 | €4,596,424 | €4,925,527 | +€329,103 | +7.2% |
| Stocks and contracts in progress | 3 | €1,537,316 | €1,402,339 | -€134,977 | -8.8% |
| Stocks | 30/36 | €1,537,316 | €1,402,339 | -€134,977 | -8.8% |
| Amounts receivable within one year | 40/41 | €1,355,704 | €2,275,498 | +€919,795 | +67.8% |
| Trade receivables | 40 | €1,126,351 | €2,239,972 | +€1.1m | +98.9% |
| Other amounts receivable | 41 | €229,353 | €35,526 | -€193,827 | -84.5% |
| Cash at bank and in hand | 54/58 | €1,629,179 | €1,201,706 | -€427,473 | -26.2% |
| Deferred charges and accrued income | 490/1 | €74,227 | €45,984 | -€28,243 | -38.0% |
| Total equity and liabilities | 10/49 | €6,065,626 | €6,439,450 | +€373,824 | +6.2% |
| Equity | 10/15 | €5,044,072 | €5,359,153 | +€315,081 | +6.2% |
| Contributions | 10/11 | €311,973 | €288,235 | -€23,738 | -7.6% |
| Capital | 10 | €311,973 | €288,235 | -€23,738 | -7.6% |
| Issued capital | 100 | €311,973 | €288,235 | -€23,738 | -7.6% |
| Reserves | 13 | €4,639,147 | €4,985,033 | +€345,885 | +7.5% |
| Non-distributable reserves | 130/1 | €31,197 | €28,824 | -€2,374 | -7.6% |
| Legal reserve | 130 | €31,197 | €28,824 | -€2,374 | -7.6% |
| Distributable reserves | 133 | €4,607,950 | €4,956,209 | +€348,259 | +7.6% |
| Profit (loss) carried forward | 14 | €92,951 | €85,885 | -€7,067 | -7.6% |
| Amounts payable | 17/49 | €1,021,554 | €1,080,297 | +€58,744 | +5.8% |
| Amounts payable after more than one year | 17 | €83,195 | - | -€83,195 | |
| Financial debts | 170/4 | €83,195 | - | -€83,195 | |
| Amounts payable within one year | 42/48 | €929,191 | €1,072,712 | +€143,521 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €141,673 | €83,195 | -€58,478 | -41.3% |
| Trade debts | 44 | €456,178 | €462,743 | +€6,565 | +1.4% |
| Suppliers | 440/4 | €456,178 | €462,743 | +€6,565 | +1.4% |
| Taxes, remuneration and social security | 45 | €306,340 | €324,683 | +€18,343 | +6.0% |
| Taxes | 450/3 | €163,910 | €154,385 | -€9,525 | -5.8% |
| Remuneration and social security | 454/9 | €142,430 | €170,298 | +€27,868 | +19.6% |
| Other amounts payable | 47/48 | €25,000 | €202,091 | +€177,091 | +708.4% |
| Accrued charges and deferred income | 492/3 | €9,168 | €7,585 | -€1,583 | -17.3% |
| Non-recurring operating income | 76A | €1,579 | - | -€1,579 | |
| Remuneration, social security and pensions | 62 | €1,124,384 | €1,323,115 | +€198,730 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,724 | €117,071 | +€9,347 | +8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €198,998 | -€554,942 | -€753,940 | |
| Other operating charges | 640/8 | €74,937 | €451,150 | +€376,213 | +502.0% |
| Gross operating margin | 9900 | €2,817,165 | €2,954,429 | +€137,264 | +4.9% |
| Operating profit (loss) | 9901 | €1,311,122 | €1,618,036 | +€306,914 | +23.4% |
| Financial income | 75/76B | €10,279 | €2,451 | -€7,828 | -76.2% |
| Recurring financial income | 75 | €10,279 | €2,451 | -€7,828 | -76.2% |
| Financial charges | 65/66B | €30,376 | €33,386 | +€3,010 | +9.9% |
| Recurring financial charges | 65 | €30,376 | €33,386 | +€3,010 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €1,291,025 | €1,587,101 | +€296,076 | +22.9% |
| Income taxes | 67/77 | €420,129 | €508,895 | +€88,766 | +21.1% |
| Profit (loss) for the period | 9904 | €870,896 | €1,078,206 | +€207,311 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €870,896 | €1,078,206 | +€207,311 | +23.8% |
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 4 October 2026 via checked.be.