DOVA: 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.
DOVA
Largest movements
- Receivables within one year +€80,482
up €80,482 (+55.4%), from €145,267 to €225,750
of which Trade receivables: +€72,400
- Tangible fixed assets -€31,152
down €31,152 (-3.1%), from €1.0m to €984,871
of which Land and buildings: -€27,260
- Debts after one year +€65,633
up €65,633 (+5.8%), from €1.1m to €1.2m
- Reserves -€61,441
down €61,441 (-100.0%), from €61,441 to €0
- Profit (loss) carried forward +€46,885
up €46,885 (+98.3%), from -€47,704 to -€819
- Gross operating margin +€18,127
up €18,127, from -€3,567 to €14,560
- Other operating charges +€1,676
up €1,676 (+62.3%), from €2,691 to €4,367
- Financial income +€219
up €219 (+3.4%), from €6,347 to €6,566
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 | €1,162,909 | €1,211,693 | +€48,784 | +4.2% |
| Fixed assets | 21/28 | €1,016,024 | €984,871 | -€31,152 | -3.1% |
| Tangible fixed assets | 22/27 | €1,016,024 | €984,871 | -€31,152 | -3.1% |
| Land and buildings | 22 | €1,001,669 | €974,409 | -€27,260 | -2.7% |
| Plant, machinery and equipment | 23 | €14,355 | €10,462 | -€3,892 | -27.1% |
| Current assets | 29/58 | €146,885 | €226,821 | +€79,936 | +54.4% |
| Amounts receivable within one year | 40/41 | €145,267 | €225,750 | +€80,482 | +55.4% |
| Trade receivables | 40 | €2,600 | €75,000 | +€72,400 | +2784.6% |
| Other amounts receivable | 41 | €142,667 | €150,750 | +€8,082 | +5.7% |
| Cash at bank and in hand | 54/58 | €1,537 | €934 | -€604 | -39.3% |
| Deferred charges and accrued income | 490/1 | €81 | €138 | +€57 | +71.1% |
| Total equity and liabilities | 10/49 | €1,162,909 | €1,211,693 | +€48,784 | +4.2% |
| Equity | 10/15 | €32,337 | €17,781 | -€14,556 | -45.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,441 | €0 | -€61,441 | -100.0% |
| Distributable reserves | 133 | €61,441 | €0 | -€61,441 | -100.0% |
| Profit (loss) carried forward | 14 | -€47,704 | -€819 | +€46,885 | +98.3% |
| Amounts payable | 17/49 | €1,130,572 | €1,193,912 | +€63,340 | +5.6% |
| Amounts payable after more than one year | 17 | €1,123,684 | €1,189,317 | +€65,633 | +5.8% |
| Other amounts payable | 178/9 | €1,123,684 | €1,189,317 | +€65,633 | +5.8% |
| Amounts payable within one year | 42/48 | €6,888 | €4,595 | -€2,293 | -33.3% |
| Trade debts | 44 | €6,888 | €1,595 | -€5,293 | -76.8% |
| Suppliers | 440/4 | €6,888 | €1,595 | -€5,293 | -76.8% |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,069 | €31,152 | +€83 | +0.3% |
| Other operating charges | 640/8 | €2,691 | €4,367 | +€1,676 | +62.3% |
| Gross operating margin | 9900 | -€3,567 | €14,560 | +€18,127 | |
| Operating profit (loss) | 9901 | -€37,328 | -€20,960 | +€16,368 | +43.8% |
| Financial income | 75/76B | €6,347 | €6,566 | +€219 | +3.4% |
| Recurring financial income | 75 | €6,347 | €6,566 | +€219 | +3.4% |
| Financial charges | 65/66B | €240 | €161 | -€79 | -32.8% |
| Recurring financial charges | 65 | €240 | €161 | -€79 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | -€31,221 | -€14,556 | +€16,665 | +53.4% |
| Profit (loss) for the period | 9904 | -€31,221 | -€14,556 | +€16,665 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,221 | -€14,556 | +€16,665 | +53.4% |
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 30 September 2026 via checked.be.