DOWE DOORS: what changed
What changed
DOWE DOORS
NACE 33.120, Repair and maintenance of machinery
filed annual accounts (NBB)
Net result for the year
€121,989
2023 · €101,184+€20,805
Equity
€392,433
2023 · €270,444+€121,989
Cash
€5,314
2023 · €7,859-€2,545
Balance sheet total
€670,859
2023 · €579,847+€91,012
Largest movements
Assets
- Receivables within one year +€113,372
up €113,372 (+25.3%), from €447,320 to €560,692
of which Other amounts receivable: +€91,466
- Tangible fixed assets -€19,573
down €19,573 (-31.0%), from €63,045 to €43,473
of which Leasing and similar rights: -€10,400
Equity and liabilities
- Reserves +€121,989
up €121,989 (+46.2%), from €264,244 to €386,233
of which Distributable reserves: +€121,989
- Other debts -€52,500
down €52,500 (-70.0%), from €75,000 to €22,500
- Tax, wage and social debts +€26,954
up €26,954 (+35.7%), from €75,409 to €102,364
- Debts after one year -€15,894
down €15,894 (-32.7%), from €48,586 to €32,692
- Trade debts +€8,753
up €8,753 (+8.3%), from €105,239 to €113,992
Income statement
- Gross operating margin +€51,460
up €51,460 (+41.9%), from €122,754 to €174,214
- Taxes +€20,237
up €20,237 (+73.9%), from €27,370 to €47,607
- Depreciation +€4,419
up €4,419 (+55.0%), from €8,035 to €12,455
- Financial charges +€2,197
up €2,197 (+119%), from €1,854 to €4,050
- Financial income -€1,983
down €1,983 (-11.8%), from €16,787 to €14,804
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€101,184
Gross operating margin
+€51,460
Depreciation
-€4,419
Other operating charges
-€1,589
Other operating items
-€230
Financial income
-€1,983
Financial charges
-€2,197
Taxes
-€20,237
Result 2024
€121,989
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4,521
Investment
+€7,118
Financing
-€14,184
Cash 2023
€7,859
From operations (derived)
+€4,521
Net result for the year
+€121,989
Depreciation
+€12,455
Receivables within one year
-€113,372
Deferred charges and accrued income
+€242
Trade debts
+€8,753
Tax, wage and social debts
+€26,954
Other debts
-€52,500
Investment (derived)
+€7,118
Investment in fixed assets (net)
+€7,118
Financing
-€14,184
Debts after one year
-€15,894
Current portion of long-term debt
+€1,709
Cash 2024
€5,314
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €579,847 | €670,859 | +€91,012 | +15.7% |
| Fixed assets | 21/28 | €63,045 | €43,473 | -€19,573 | -31.0% |
| Tangible fixed assets | 22/27 | €63,045 | €43,473 | -€19,573 | -31.0% |
| Plant, machinery and equipment | 23 | €2,328 | €1,007 | -€1,321 | -56.7% |
| Furniture and vehicles | 24 | €9,834 | €1,982 | -€7,852 | -79.8% |
| Leasing and similar rights | 25 | €50,883 | €40,483 | -€10,400 | -20.4% |
| Current assets | 29/58 | €516,802 | €627,386 | +€110,585 | +21.4% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €447,320 | €560,692 | +€113,372 | +25.3% |
| Trade receivables | 40 | €27,377 | €49,283 | +€21,906 | +80.0% |
| Other amounts receivable | 41 | €419,943 | €511,409 | +€91,466 | +21.8% |
| Cash at bank and in hand | 54/58 | €7,859 | €5,314 | -€2,545 | -32.4% |
| Deferred charges and accrued income | 490/1 | €1,623 | €1,381 | -€242 | -14.9% |
| Total equity and liabilities | 10/49 | €579,847 | €670,859 | +€91,012 | +15.7% |
| Equity | 10/15 | €270,444 | €392,433 | +€121,989 | +45.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €264,244 | €386,233 | +€121,989 | +46.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €264,244 | €386,233 | +€121,989 | +46.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €309,403 | €278,426 | -€30,977 | -10.0% |
| Amounts payable after more than one year | 17 | €48,586 | €32,692 | -€15,894 | -32.7% |
| Financial debts | 170/4 | €48,586 | €32,692 | -€15,894 | -32.7% |
| Amounts payable within one year | 42/48 | €260,818 | €245,734 | -€15,083 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €5,170 | €6,879 | +€1,709 | +33.1% |
| Trade debts | 44 | €105,239 | €113,992 | +€8,753 | +8.3% |
| Suppliers | 440/4 | €105,239 | €113,992 | +€8,753 | +8.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €75,409 | €102,364 | +€26,954 | +35.7% |
| Taxes | 450/3 | €75,409 | €102,364 | +€26,954 | +35.7% |
| Other amounts payable | 47/48 | €75,000 | €22,500 | -€52,500 | -70.0% |
| Non-recurring operating income | 76A | - | €641 | +€641 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,035 | €12,455 | +€4,419 | +55.0% |
| Other operating charges | 640/8 | €1,097 | €2,686 | +€1,589 | +145% |
| Non-recurring operating charges | 66A | - | €230 | +€230 | |
| Gross operating margin | 9900 | €122,754 | €174,214 | +€51,460 | +41.9% |
| Operating profit (loss) | 9901 | €113,621 | €158,842 | +€45,221 | +39.8% |
| Financial income | 75/76B | €16,787 | €14,804 | -€1,983 | -11.8% |
| Recurring financial income | 75 | €16,787 | €14,804 | -€1,983 | -11.8% |
| Financial charges | 65/66B | €1,854 | €4,050 | +€2,197 | +119% |
| Recurring financial charges | 65 | €1,854 | €4,050 | +€2,197 | +119% |
| Profit (loss) for the period before taxes | 9903 | €128,554 | €169,596 | +€41,042 | +31.9% |
| Income taxes | 67/77 | €27,370 | €47,607 | +€20,237 | +73.9% |
| Profit (loss) for the period | 9904 | €101,184 | €121,989 | +€20,805 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €101,184 | €121,989 | +€20,805 | +20.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.