DOVER 2.0: 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.
DOVER 2.0
Largest movements
- Cash -€88,351
down €88,351 (-98.2%), from €89,973 to €1,622
- Receivables within one year +€15,736
up €15,736 (+173.6%), from €9,066 to €24,802
of which Other amounts receivable: +€9,750
- Tangible fixed assets +€4,174
new in 2025: €4,174
- Other debts -€82,755
down €82,755 (-92.1%), from €89,894 to €7,138
- Tax, wage and social debts +€13,430
up €13,430 (+6462.8%), from €208 to €13,637
- Gross operating margin +€184,309
up €184,309 (+1303.3%), from €14,142 to €198,451
- Taxes +€43,431
up €43,431 (+21025.8%), from €207 to €43,637
- Financial charges -€12,738
down €12,738 (-98.9%), from €12,878 to €140
of which Non-recurring financial charges: -€12,720
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,862 | €32,062 | -€67,800 | -67.9% |
| Fixed assets | 21/28 | - | €4,174 | +€4,174 | |
| Tangible fixed assets | 22/27 | - | €4,174 | +€4,174 | |
| Furniture and vehicles | 24 | - | €4,174 | +€4,174 | |
| Current assets | 29/58 | €99,862 | €27,888 | -€71,974 | -72.1% |
| Amounts receivable within one year | 40/41 | €9,066 | €24,802 | +€15,736 | +173.6% |
| Trade receivables | 40 | €9,066 | €15,052 | +€5,986 | +66.0% |
| Other amounts receivable | 41 | - | €9,750 | +€9,750 | |
| Cash at bank and in hand | 54/58 | €89,973 | €1,622 | -€88,351 | -98.2% |
| Deferred charges and accrued income | 490/1 | €823 | €1,464 | +€642 | +78.0% |
| Total equity and liabilities | 10/49 | €99,862 | €32,062 | -€67,800 | -67.9% |
| Equity | 10/15 | €9,760 | €10,486 | +€726 | +7.4% |
| Contributions | 10/11 | €8,160 | €8,160 | = | 0.0% |
| Reserves | 13 | €1,600 | €2,326 | +€726 | +45.4% |
| Distributable reserves | 133 | €1,600 | €2,326 | +€726 | +45.4% |
| Amounts payable | 17/49 | €90,102 | €21,576 | -€68,526 | -76.1% |
| Amounts payable within one year | 42/48 | €90,102 | €21,576 | -€68,526 | -76.1% |
| Trade debts | 44 | - | €800 | +€800 | |
| Suppliers | 440/4 | - | €800 | +€800 | |
| Taxes, remuneration and social security | 45 | €208 | €13,637 | +€13,430 | +6462.8% |
| Taxes | 450/3 | €208 | €13,637 | +€13,430 | +6462.8% |
| Other amounts payable | 47/48 | €89,894 | €7,138 | -€82,755 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,119 | +€1,119 | |
| Other operating charges | 640/8 | €485 | €449 | -€36 | -7.4% |
| Gross operating margin | 9900 | €14,142 | €198,451 | +€184,309 | +1303.3% |
| Operating profit (loss) | 9901 | €13,656 | €196,883 | +€183,227 | +1341.7% |
| Financial charges | 65/66B | €12,878 | €140 | -€12,738 | -98.9% |
| Recurring financial charges | 65 | €158 | €140 | -€18 | -11.5% |
| Non-recurring financial charges | 66B | €12,720 | - | -€12,720 | |
| Profit (loss) for the period before taxes | 9903 | €779 | €196,743 | +€195,964 | +25168.5% |
| Income taxes | 67/77 | €207 | €43,637 | +€43,431 | +21025.8% |
| Profit (loss) for the period | 9904 | €572 | €153,106 | +€152,533 | +26664.4% |
| Profit (loss) for the period to be appropriated | 9905 | €572 | €153,106 | +€152,533 | +26664.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.