DOVERIE: 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.
DOVERIE
Largest movements
- Cash -€65,402
down €65,402 (-75.4%), from €86,697 to €21,295
mainly Trade debts (-€49,341) and Stocks and contracts (-€41,140)
- Stocks and contracts +€41,140
up €41,140 (+896.2%), from €4,591 to €45,731
- Intangible fixed assets -€1,523
down €1,523 (-11.4%), from €13,330 to €11,807
- Trade debts -€49,341
down €49,341 (-83.1%), from €59,393 to €10,051
- Other debts +€21,908
up €21,908 (+140.4%), from €15,606 to €37,514
- Staff costs +€38,298
new in 2025: €38,298
- Gross operating margin +€27,845
up €27,845 (+193.4%), from €14,400 to €42,245
- Depreciation +€1,523
up €1,523 (+444.3%), from €343 to €1,866
- Taxes +€934
new in 2025: €934
- Financial charges -€896
down €896 (-85.1%), from €1,053 to €157
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 | €107,335 | €81,208 | -€26,128 | -24.3% |
| Fixed assets | 21/28 | €16,016 | €14,150 | -€1,866 | -11.7% |
| Intangible fixed assets | 21 | €13,330 | €11,807 | -€1,523 | -11.4% |
| Tangible fixed assets | 22/27 | €686 | €343 | -€343 | -50.0% |
| Other tangible fixed assets | 26 | €686 | €343 | -€343 | -50.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €91,319 | €67,058 | -€24,262 | -26.6% |
| Stocks and contracts in progress | 3 | €4,591 | €45,731 | +€41,140 | +896.2% |
| Stocks | 30/36 | €4,591 | €45,731 | +€41,140 | +896.2% |
| Amounts receivable within one year | 40/41 | €32 | €32 | = | 0.0% |
| Other amounts receivable | 41 | €32 | €32 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,697 | €21,295 | -€65,402 | -75.4% |
| Total equity and liabilities | 10/49 | €107,335 | €81,208 | -€26,128 | -24.3% |
| Equity | 10/15 | €22,725 | €23,520 | +€795 | +3.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Outside capital | 11 | €7,000 | €7,000 | = | 0.0% |
| Other | 1109/19 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,725 | €16,520 | +€795 | +5.1% |
| Amounts payable | 17/49 | €84,610 | €57,688 | -€26,922 | -31.8% |
| Amounts payable within one year | 42/48 | €84,610 | €57,688 | -€26,922 | -31.8% |
| Trade debts | 44 | €59,393 | €10,051 | -€49,341 | -83.1% |
| Suppliers | 440/4 | €59,393 | €10,051 | -€49,341 | -83.1% |
| Taxes, remuneration and social security | 45 | €9,611 | €10,122 | +€511 | +5.3% |
| Taxes | 450/3 | €9,611 | €10,122 | +€511 | +5.3% |
| Other amounts payable | 47/48 | €15,606 | €37,514 | +€21,908 | +140.4% |
| Remuneration, social security and pensions | 62 | - | €38,298 | +€38,298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €343 | €1,866 | +€1,523 | +444.3% |
| Other operating charges | 640/8 | - | €195 | +€195 | |
| Gross operating margin | 9900 | €14,400 | €42,245 | +€27,845 | +193.4% |
| Operating profit (loss) | 9901 | €14,057 | €1,886 | -€12,172 | -86.6% |
| Financial charges | 65/66B | €1,053 | €157 | -€896 | -85.1% |
| Recurring financial charges | 65 | €1,053 | €157 | -€896 | -85.1% |
| Profit (loss) for the period before taxes | 9903 | €13,004 | €1,728 | -€11,275 | -86.7% |
| Income taxes | 67/77 | - | €934 | +€934 | |
| Profit (loss) for the period | 9904 | €13,004 | €795 | -€12,209 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,004 | €795 | -€12,209 | -93.9% |
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.