DOUBLE OAK: 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.
DOUBLE OAK
Largest movements
- Cash -€105,704
down €105,704 (-50.1%), from €210,899 to €105,195
mainly Contributions, distributions and other (-€216,771) and Tax, wage and social debts (-€62,944)
- Receivables within one year -€91,088
down €91,088 (-63.4%), from €143,586 to €52,498
of which Other amounts receivable: -€109,739
- Tangible fixed assets -€55,698
down €55,698 (-7.6%), from €728,619 to €672,921
of which Land and buildings: -€34,311
- Reserves -€154,964
down €154,964 (-20.7%), from €747,734 to €592,770
of which Distributable reserves: -€154,964
- Tax, wage and social debts -€62,944
down €62,944 (-59.4%), from €105,971 to €43,027
- Debts after one year -€45,778
down €45,778 (-30.6%), from €149,431 to €103,653
- Other debts +€39,343
new in 2025: €39,343
- Trade debts -€23,071
down €23,071 (-90.3%), from €25,541 to €2,469
- Gross operating margin +€18,246
up €18,246 (+10.2%), from €179,696 to €197,942
- Taxes +€12,186
up €12,186 (+76.4%), from €15,954 to €28,140
- Financial income -€2,306
down €2,306 (-26.8%), from €8,592 to €6,286
- Depreciation +€2,163
up €2,163 (+2.2%), from €96,456 to €98,619
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 | €1,084,608 | €835,386 | -€249,222 | -23.0% |
| Fixed assets | 21/28 | €728,619 | €672,921 | -€55,698 | -7.6% |
| Tangible fixed assets | 22/27 | €728,619 | €672,921 | -€55,698 | -7.6% |
| Land and buildings | 22 | €684,051 | €649,740 | -€34,311 | -5.0% |
| Furniture and vehicles | 24 | €41,585 | €21,972 | -€19,613 | -47.2% |
| Other tangible fixed assets | 26 | €2,983 | €1,210 | -€1,773 | -59.5% |
| Current assets | 29/58 | €355,989 | €162,465 | -€193,524 | -54.4% |
| Amounts receivable within one year | 40/41 | €143,586 | €52,498 | -€91,088 | -63.4% |
| Trade receivables | 40 | €1,452 | €20,103 | +€18,651 | +1,285% |
| Other amounts receivable | 41 | €142,134 | €32,395 | -€109,739 | -77.2% |
| Cash at bank and in hand | 54/58 | €210,899 | €105,195 | -€105,704 | -50.1% |
| Deferred charges and accrued income | 490/1 | €1,504 | €4,772 | +€3,268 | +217% |
| Total equity and liabilities | 10/49 | €1,084,608 | €835,386 | -€249,222 | -23.0% |
| Equity | 10/15 | €754,400 | €599,436 | -€154,964 | -20.5% |
| Contributions | 10/11 | €6,667 | €6,667 | = | 0.0% |
| Reserves | 13 | €747,734 | €592,770 | -€154,964 | -20.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,616 | €35,616 | = | 0.0% |
| Distributable reserves | 133 | €710,118 | €555,153 | -€154,964 | -21.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €330,208 | €235,950 | -€94,258 | -28.5% |
| Amounts payable after more than one year | 17 | €149,431 | €103,653 | -€45,778 | -30.6% |
| Financial debts | 170/4 | €149,431 | €103,653 | -€45,778 | -30.6% |
| Amounts payable within one year | 42/48 | €180,777 | €132,297 | -€48,480 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €47,786 | €45,778 | -€2,008 | -4.2% |
| Financial debts | 43 | €1,478 | €1,679 | +€201 | +13.6% |
| Credit institutions | 430/8 | €1,478 | €1,679 | +€201 | +13.6% |
| Trade debts | 44 | €25,541 | €2,469 | -€23,071 | -90.3% |
| Suppliers | 440/4 | €25,541 | €2,469 | -€23,071 | -90.3% |
| Taxes, remuneration and social security | 45 | €105,971 | €43,027 | -€62,944 | -59.4% |
| Taxes | 450/3 | €105,971 | €43,027 | -€62,944 | -59.4% |
| Other amounts payable | 47/48 | - | €39,343 | +€39,343 | |
| Non-recurring operating income | 76A | €42,921 | €42,921 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,456 | €98,619 | +€2,163 | +2.2% |
| Other operating charges | 640/8 | €6,711 | €6,832 | +€121 | +1.8% |
| Gross operating margin | 9900 | €179,696 | €197,942 | +€18,246 | +10.2% |
| Operating profit (loss) | 9901 | €76,528 | €92,490 | +€15,962 | +20.9% |
| Financial income | 75/76B | €8,592 | €6,286 | -€2,306 | -26.8% |
| Recurring financial income | 75 | €8,592 | €6,286 | -€2,306 | -26.8% |
| Financial charges | 65/66B | €8,632 | €8,829 | +€197 | +2.3% |
| Recurring financial charges | 65 | €8,632 | €8,829 | +€197 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €76,488 | €89,947 | +€13,459 | +17.6% |
| Income taxes | 67/77 | €15,954 | €28,140 | +€12,186 | +76.4% |
| Profit (loss) for the period | 9904 | €60,534 | €61,807 | +€1,273 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,534 | €61,807 | +€1,273 | +2.1% |
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 15 October 2026 via checked.be.