DOVADEME: 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.
DOVADEME
Largest movements
- Current investments -€24,538
down €24,538 (-24.5%), from €100,264 to €75,726
- Cash -€16,153
down €16,153 (-42.7%), from €37,867 to €21,714
mainly Contributions, distributions and other (-€150,000) and Receivables within one year (-€9,913)
- Receivables within one year +€9,913
up €9,913 (+29.7%), from €33,397 to €43,310
of which Trade receivables: +€9,904
- Tangible fixed assets -€2,571
down €2,571 (-12.1%), from €21,308 to €18,736
of which Furniture and vehicles: -€4,588
- Reserves -€79,214
down €79,214 (-61.2%), from €129,529 to €50,315
- Other debts +€25,924
up €25,924 (+65.1%), from €39,848 to €65,773
- Tax, wage and social debts +€11,800
up €11,800 (+68.5%), from €17,232 to €29,032
- Short-term financial debts +€6,774
new in 2025: €6,774
- Gross operating margin +€48,129
up €48,129 (+83.4%), from €57,732 to €105,861
- Taxes +€9,334
up €9,334 (+84.5%), from €11,046 to €20,381
- Depreciation +€1,777
up €1,777 (+22.6%), from €7,880 to €9,657
- Financial charges +€1,467
up €1,467 (+55.7%), from €2,633 to €4,100
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 | €193,211 | €159,486 | -€33,725 | -17.5% |
| Fixed assets | 21/28 | €21,308 | €18,736 | -€2,571 | -12.1% |
| Tangible fixed assets | 22/27 | €21,308 | €18,736 | -€2,571 | -12.1% |
| Plant, machinery and equipment | 23 | €1,984 | €0 | -€1,984 | -100% |
| Furniture and vehicles | 24 | €12,292 | €7,704 | -€4,588 | -37.3% |
| Other tangible fixed assets | 26 | €7,032 | €11,032 | +€4,000 | +56.9% |
| Current assets | 29/58 | €171,904 | €140,750 | -€31,154 | -18.1% |
| Amounts receivable within one year | 40/41 | €33,397 | €43,310 | +€9,913 | +29.7% |
| Trade receivables | 40 | €19,293 | €29,196 | +€9,904 | +51.3% |
| Other amounts receivable | 41 | €14,104 | €14,113 | +€9 | +0.1% |
| Current investments | 50/53 | €100,264 | €75,726 | -€24,538 | -24.5% |
| Cash at bank and in hand | 54/58 | €37,867 | €21,714 | -€16,153 | -42.7% |
| Deferred charges and accrued income | 490/1 | €375 | €0 | -€375 | -100% |
| Total equity and liabilities | 10/49 | €193,211 | €159,486 | -€33,725 | -17.5% |
| Equity | 10/15 | €132,529 | €53,315 | -€79,214 | -59.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €129,529 | €50,315 | -€79,214 | -61.2% |
| Distributable reserves | 133 | €129,529 | €50,315 | -€79,214 | -61.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €60,682 | €106,171 | +€45,489 | +75.0% |
| Amounts payable within one year | 42/48 | €60,682 | €106,171 | +€45,489 | +75.0% |
| Financial debts | 43 | - | €6,774 | +€6,774 | |
| Credit institutions | 430/8 | - | €6,774 | +€6,774 | |
| Trade debts | 44 | €3,601 | €4,593 | +€991 | +27.5% |
| Suppliers | 440/4 | €3,601 | €4,593 | +€991 | +27.5% |
| Taxes, remuneration and social security | 45 | €17,232 | €29,032 | +€11,800 | +68.5% |
| Taxes | 450/3 | €17,232 | €29,032 | +€11,800 | +68.5% |
| Other amounts payable | 47/48 | €39,848 | €65,773 | +€25,924 | +65.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,880 | €9,657 | +€1,777 | +22.6% |
| Other operating charges | 640/8 | €2,136 | €1,596 | -€540 | -25.3% |
| Gross operating margin | 9900 | €57,732 | €105,861 | +€48,129 | +83.4% |
| Operating profit (loss) | 9901 | €47,716 | €94,607 | +€46,891 | +98.3% |
| Financial income | 75/76B | €378 | €660 | +€282 | +74.6% |
| Recurring financial income | 75 | €378 | €660 | +€282 | +74.6% |
| Financial charges | 65/66B | €2,633 | €4,100 | +€1,467 | +55.7% |
| Recurring financial charges | 65 | €2,633 | €4,100 | +€1,467 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | €45,461 | €91,167 | +€45,706 | +101% |
| Income taxes | 67/77 | €11,046 | €20,381 | +€9,334 | +84.5% |
| Profit (loss) for the period | 9904 | €34,414 | €70,786 | +€36,372 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €34,414 | €70,786 | +€36,372 | +106% |
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.