DOXINVEST: 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.
DOXINVEST
Largest movements
- Receivables within one year +€1.0m
up €1.0m (+195%), from €534,113 to €1.6m
- Cash -€262,099
down €262,099 (-34.3%), from €763,322 to €501,223
mainly Receivables within one year (-€1.0m) and Debts after one year (-€73,620)
- Profit (loss) carried forward +€868,446
up €868,446 (+56.8%), from €1.5m to €2.4m
- Debts after one year -€73,620
down €73,620 (-32.2%), from €228,951 to €155,331
- Financial income +€380,122
up €380,122 (+76.5%), from €496,995 to €877,117
- Gross operating margin -€9,851
down €9,851 (-30.9%), from €31,868 to €22,017
- Other operating charges -€6,832
down €6,832 (-36.4%), from €18,769 to €11,936
- Financial charges +€5,648
up €5,648 (+901%), from €627 to €6,275
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 | €1,921,354 | €2,706,233 | +€784,879 | +40.9% |
| Fixed assets | 21/28 | €611,190 | €611,190 | = | 0.0% |
| Financial fixed assets | 28 | €611,190 | €611,190 | = | 0.0% |
| Current assets | 29/58 | €1,310,164 | €2,095,043 | +€784,879 | +59.9% |
| Amounts receivable within one year | 40/41 | €534,113 | €1,576,405 | +€1.0m | +195% |
| Other amounts receivable | 41 | €534,113 | €1,576,405 | +€1.0m | +195% |
| Cash at bank and in hand | 54/58 | €763,322 | €501,223 | -€262,099 | -34.3% |
| Deferred charges and accrued income | 490/1 | €12,729 | €17,416 | +€4,687 | +36.8% |
| Total equity and liabilities | 10/49 | €1,921,354 | €2,706,233 | +€784,879 | +40.9% |
| Equity | 10/15 | €1,589,431 | €2,457,877 | +€868,446 | +54.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €1,708 | €1,708 | = | 0.0% |
| Distributable reserves | 133 | €1,708 | €1,708 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,527,723 | €2,396,169 | +€868,446 | +56.8% |
| Amounts payable | 17/49 | €331,922 | €248,355 | -€83,567 | -25.2% |
| Amounts payable after more than one year | 17 | €228,951 | €155,331 | -€73,620 | -32.2% |
| Financial debts | 170/4 | €228,951 | €155,331 | -€73,620 | -32.2% |
| Amounts payable within one year | 42/48 | €88,288 | €92,875 | +€4,587 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €71,049 | €73,620 | +€2,572 | +3.6% |
| Trade debts | 44 | €16,063 | €18,067 | +€2,004 | +12.5% |
| Suppliers | 440/4 | €16,063 | €18,067 | +€2,004 | +12.5% |
| Taxes, remuneration and social security | 45 | €1,176 | €1,176 | = | 0.0% |
| Taxes | 450/3 | €1,176 | €1,176 | = | 0.0% |
| Other amounts payable | 47/48 | - | €11 | +€11 | |
| Accrued charges and deferred income | 492/3 | €14,683 | €149 | -€14,534 | -99.0% |
| Other operating charges | 640/8 | €18,769 | €11,936 | -€6,832 | -36.4% |
| Gross operating margin | 9900 | €31,868 | €22,017 | -€9,851 | -30.9% |
| Operating profit (loss) | 9901 | €13,100 | €10,081 | -€3,019 | -23.0% |
| Financial income | 75/76B | €496,995 | €877,117 | +€380,122 | +76.5% |
| Recurring financial income | 75 | €496,995 | €877,117 | +€380,122 | +76.5% |
| Financial charges | 65/66B | €627 | €6,275 | +€5,648 | +901% |
| Recurring financial charges | 65 | €627 | €6,275 | +€5,648 | +901% |
| Profit (loss) for the period before taxes | 9903 | €509,468 | €880,923 | +€371,454 | +72.9% |
| Income taxes | 67/77 | €12,365 | €12,476 | +€111 | +0.9% |
| Profit (loss) for the period | 9904 | €497,103 | €868,446 | +€371,343 | +74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €497,103 | €868,446 | +€371,343 | +74.7% |
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 28 October 2026 via checked.be.