DOVAKHIN: 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.
DOVAKHIN
Largest movements
- Cash +€13,882
up €13,882 (+57.3%), from €24,239 to €38,121
mainly Net result for the year (+€46,890) and Depreciation (+€8,188)
- Tangible fixed assets -€8,188
down €8,188 (-45.8%), from €17,889 to €9,701
of which Furniture and vehicles: -€4,565
- Receivables within one year -€3,789
down €3,789 (-19.8%), from €19,116 to €15,328
of which Other amounts receivable: -€3,301
- Other debts +€7,749
up €7,749 (+18.5%), from €41,782 to €49,530
- Trade debts -€5,815
down €5,815 (-78.0%), from €7,453 to €1,638
- Gross operating margin +€13,596
up €13,596 (+24.4%), from €55,662 to €69,258
- Taxes +€3,313
up €3,313 (+32.3%), from €10,273 to €13,586
- Depreciation -€1,281
down €1,281 (-13.5%), from €9,469 to €8,188
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 | €61,245 | €63,374 | +€2,130 | +3.5% |
| Fixed assets | 21/28 | €17,889 | €9,926 | -€7,963 | -44.5% |
| Tangible fixed assets | 22/27 | €17,889 | €9,701 | -€8,188 | -45.8% |
| Plant, machinery and equipment | 23 | €10,244 | €6,621 | -€3,623 | -35.4% |
| Furniture and vehicles | 24 | €6,495 | €1,930 | -€4,565 | -70.3% |
| Other tangible fixed assets | 26 | €1,150 | €1,150 | = | 0.0% |
| Financial fixed assets | 28 | - | €225 | +€225 | |
| Current assets | 29/58 | €43,356 | €53,448 | +€10,093 | +23.3% |
| Amounts receivable within one year | 40/41 | €19,116 | €15,328 | -€3,789 | -19.8% |
| Trade receivables | 40 | €15,371 | €14,883 | -€488 | -3.2% |
| Other amounts receivable | 41 | €3,745 | €444 | -€3,301 | -88.1% |
| Cash at bank and in hand | 54/58 | €24,239 | €38,121 | +€13,882 | +57.3% |
| Total equity and liabilities | 10/49 | €61,245 | €63,374 | +€2,130 | +3.5% |
| Equity | 10/15 | €7,751 | €7,751 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,751 | €4,751 | = | 0.0% |
| Distributable reserves | 133 | €4,751 | €4,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,493 | €55,623 | +€2,130 | +4.0% |
| Amounts payable within one year | 42/48 | €53,388 | €55,623 | +€2,236 | +4.2% |
| Trade debts | 44 | €7,453 | €1,638 | -€5,815 | -78.0% |
| Suppliers | 440/4 | €7,453 | €1,638 | -€5,815 | -78.0% |
| Taxes, remuneration and social security | 45 | €4,153 | €4,455 | +€302 | +7.3% |
| Taxes | 450/3 | €4,153 | €4,455 | +€302 | +7.3% |
| Other amounts payable | 47/48 | €41,782 | €49,530 | +€7,749 | +18.5% |
| Accrued charges and deferred income | 492/3 | €106 | €0 | -€106 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,469 | €8,188 | -€1,281 | -13.5% |
| Other operating charges | 640/8 | €148 | €260 | +€111 | +75.1% |
| Non-recurring operating charges | 66A | €2,792 | €0 | -€2,792 | -100% |
| Gross operating margin | 9900 | €55,662 | €69,258 | +€13,596 | +24.4% |
| Operating profit (loss) | 9901 | €43,253 | €60,811 | +€17,557 | +40.6% |
| Financial charges | 65/66B | €267 | €335 | +€68 | +25.6% |
| Recurring financial charges | 65 | €267 | €335 | +€68 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | €42,986 | €60,475 | +€17,489 | +40.7% |
| Income taxes | 67/77 | €10,273 | €13,586 | +€3,313 | +32.3% |
| Profit (loss) for the period | 9904 | €32,714 | €46,890 | +€14,176 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,714 | €46,890 | +€14,176 | +43.3% |
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 27 October 2026 via checked.be.