DOUTRY WOUTER: 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.
DOUTRY WOUTER
Largest movements
- Cash +€44,485
up €44,485 (+129.4%), from €34,382 to €78,867
mainly Net result for the year (+€52,393) and Depreciation (+€15,896)
- Financial fixed assets +€16,500
up €16,500 (+11.9%), from €138,500 to €155,000
- Tangible fixed assets -€13,331
down €13,331 (-23.9%), from €55,798 to €42,467
- Reserves +€52,393
up €52,393 (+37.2%), from €140,706 to €193,099
- Debts after one year -€15,382
no longer reported in 2025 (was €15,382)
- Tax, wage and social debts +€11,254
up €11,254 (+160.2%), from €7,024 to €18,278
of which Taxes: +€8,954
- Trade debts +€5,737
up €5,737 (+143.0%), from €4,012 to €9,749
- Current portion of long-term debt -€4,915
down €4,915 (-24.2%), from €20,297 to €15,382
- Financial income +€16,500
new in 2025: €16,500
- Gross operating margin +€11,489
up €11,489 (+18.7%), from €61,386 to €72,875
- Taxes +€5,875
up €5,875 (+44.7%), from €13,152 to €19,027
- Depreciation +€3,853
up €3,853 (+32.0%), from €12,043 to €15,896
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 | €228,686 | €276,493 | +€47,807 | +20.9% |
| Fixed assets | 21/28 | €194,298 | €197,467 | +€3,169 | +1.6% |
| Tangible fixed assets | 22/27 | €55,798 | €42,467 | -€13,331 | -23.9% |
| Furniture and vehicles | 24 | €55,798 | €42,467 | -€13,331 | -23.9% |
| Financial fixed assets | 28 | €138,500 | €155,000 | +€16,500 | +11.9% |
| Current assets | 29/58 | €34,388 | €79,026 | +€44,638 | +129.8% |
| Amounts receivable within one year | 40/41 | €6 | - | -€6 | |
| Other amounts receivable | 41 | €6 | - | -€6 | |
| Cash at bank and in hand | 54/58 | €34,382 | €78,867 | +€44,485 | +129.4% |
| Deferred charges and accrued income | 490/1 | - | €159 | +€159 | |
| Total equity and liabilities | 10/49 | €228,686 | €276,493 | +€47,807 | +20.9% |
| Equity | 10/15 | €160,706 | €213,099 | +€52,393 | +32.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €140,706 | €193,099 | +€52,393 | +37.2% |
| Distributable reserves | 133 | €140,706 | €193,099 | +€52,393 | +37.2% |
| Amounts payable | 17/49 | €67,980 | €63,394 | -€4,586 | -6.7% |
| Amounts payable after more than one year | 17 | €15,382 | - | -€15,382 | |
| Financial debts | 170/4 | €15,382 | - | -€15,382 | |
| Amounts payable within one year | 42/48 | €52,598 | €63,394 | +€10,796 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €20,297 | €15,382 | -€4,915 | -24.2% |
| Trade debts | 44 | €4,012 | €9,749 | +€5,737 | +143.0% |
| Suppliers | 440/4 | €4,012 | €9,749 | +€5,737 | +143.0% |
| Taxes, remuneration and social security | 45 | €7,024 | €18,278 | +€11,254 | +160.2% |
| Taxes | 450/3 | €7,024 | €15,978 | +€8,954 | +127.5% |
| Remuneration and social security | 454/9 | - | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | €21,265 | €19,985 | -€1,280 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,043 | €15,896 | +€3,853 | +32.0% |
| Gross operating margin | 9900 | €61,386 | €72,875 | +€11,489 | +18.7% |
| Operating profit (loss) | 9901 | €49,343 | €56,979 | +€7,636 | +15.5% |
| Financial income | 75/76B | - | €16,500 | +€16,500 | |
| Recurring financial income | 75 | - | €16,500 | +€16,500 | |
| Financial charges | 65/66B | €1,835 | €2,059 | +€224 | +12.2% |
| Recurring financial charges | 65 | €1,835 | €2,059 | +€224 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €47,508 | €71,420 | +€23,912 | +50.3% |
| Income taxes | 67/77 | €13,152 | €19,027 | +€5,875 | +44.7% |
| Profit (loss) for the period | 9904 | €34,356 | €52,393 | +€18,037 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,356 | €52,393 | +€18,037 | +52.5% |
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 5 October 2026 via checked.be.