DOUSQUARE: 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.
DOUSQUARE
Largest movements
- Stocks and contracts +€642,256
up €642,256 (+105%), from €612,695 to €1.3m
- Cash +€100,679
new in 2025: €100,679
mainly Short-term financial debts (+€610,768) and Other debts (+€175,063)
- Receivables within one year +€73,476
up €73,476 (+636%), from €11,561 to €85,038
of which Trade receivables: +€85,038
- Short-term financial debts +€610,768
up €610,768 (+188%), from €324,435 to €935,202
- Other debts +€175,063
up €175,063 (+85.3%), from €205,184 to €380,247
- Profit (loss) carried forward -€49,475
down €49,475 (-276%), from -€17,901 to -€67,376
- Trade debts +€42,562
up €42,562 (+52.7%), from €80,835 to €123,397
- Tax, wage and social debts +€36,655
new in 2025: €36,655
- Financial charges +€24,979
up €24,979 (+376%), from €6,651 to €31,629
- Gross operating margin -€7,199
down €7,199 (-70.9%), from -€10,154 to -€17,353
- Other operating charges -€602
down €602 (-54.9%), from €1,097 to €494
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 | €624,256 | €1,440,859 | +€816,603 | +131% |
| Current assets | 29/58 | €624,256 | €1,440,859 | +€816,603 | +131% |
| Stocks and contracts in progress | 3 | €612,695 | €1,254,951 | +€642,256 | +105% |
| Stocks | 30/36 | €612,695 | €1,254,951 | +€642,256 | +105% |
| Amounts receivable within one year | 40/41 | €11,561 | €85,038 | +€73,476 | +636% |
| Trade receivables | 40 | - | €85,038 | +€85,038 | |
| Other amounts receivable | 41 | €11,561 | - | -€11,561 | |
| Cash at bank and in hand | 54/58 | - | €100,679 | +€100,679 | |
| Deferred charges and accrued income | 490/1 | - | €192 | +€192 | |
| Total equity and liabilities | 10/49 | €624,256 | €1,440,859 | +€816,603 | +131% |
| Equity | 10/15 | €12,099 | -€37,376 | -€49,475 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,901 | -€67,376 | -€49,475 | -276% |
| Amounts payable | 17/49 | €612,158 | €1,478,235 | +€866,078 | +141% |
| Amounts payable within one year | 42/48 | €610,453 | €1,475,500 | +€865,047 | +142% |
| Financial debts | 43 | €324,435 | €935,202 | +€610,768 | +188% |
| Credit institutions | 430/8 | €324,435 | €935,202 | +€610,768 | +188% |
| Trade debts | 44 | €80,835 | €123,397 | +€42,562 | +52.7% |
| Suppliers | 440/4 | €80,835 | €123,397 | +€42,562 | +52.7% |
| Taxes, remuneration and social security | 45 | - | €36,655 | +€36,655 | |
| Taxes | 450/3 | - | €36,655 | +€36,655 | |
| Other amounts payable | 47/48 | €205,184 | €380,247 | +€175,063 | +85.3% |
| Accrued charges and deferred income | 492/3 | €1,704 | €2,735 | +€1,031 | +60.5% |
| Other operating charges | 640/8 | €1,097 | €494 | -€602 | -54.9% |
| Gross operating margin | 9900 | -€10,154 | -€17,353 | -€7,199 | -70.9% |
| Operating profit (loss) | 9901 | -€11,251 | -€17,847 | -€6,596 | -58.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €6,651 | €31,629 | +€24,979 | +376% |
| Recurring financial charges | 65 | €6,651 | €31,629 | +€24,979 | +376% |
| Profit (loss) for the period before taxes | 9903 | -€17,901 | -€49,474 | -€31,573 | -176% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€17,901 | -€49,475 | -€31,573 | -176% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,901 | -€49,475 | -€31,573 | -176% |
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 14 October 2026 via checked.be.