doxy: 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.
doxy
Largest movements
- Tangible fixed assets +€242,452
up €242,452 (+643.6%), from €37,673 to €280,125
of which Land and buildings: +€256,667
- Cash -€132,012
down €132,012 (-65.6%), from €201,256 to €69,244
mainly Investment in fixed assets (net) (-€324,839) and Receivables within one year (-€18,074)
- Receivables within one year +€18,074
up €18,074 (+428.8%), from €4,215 to €22,289
of which Other amounts receivable: +€10,534
- Debts after one year +€108,329
up €108,329 (+828.5%), from €13,076 to €121,405
- Current portion of long-term debt +€21,727
up €21,727 (+291.9%), from €7,444 to €29,171
- Depreciation +€67,685
up €67,685 (+460.4%), from €14,702 to €82,387
- Gross operating margin +€23,679
up €23,679 (+30.1%), from €78,590 to €102,269
- Taxes -€11,900
down €11,900 (-90.3%), from €13,181 to €1,281
- Financial charges +€3,066
up €3,066 (+276.2%), from €1,110 to €4,176
- Staff costs -€2,554
down €2,554 (-43.7%), from €5,840 to €3,286
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 | €244,440 | €374,106 | +€129,666 | +53.0% |
| Fixed assets | 21/28 | €38,493 | €280,945 | +€242,452 | +629.9% |
| Tangible fixed assets | 22/27 | €37,673 | €280,125 | +€242,452 | +643.6% |
| Land and buildings | 22 | - | €256,667 | +€256,667 | |
| Furniture and vehicles | 24 | €37,673 | €23,458 | -€14,215 | -37.7% |
| Financial fixed assets | 28 | €820 | €820 | = | 0.0% |
| Current assets | 29/58 | €205,947 | €93,161 | -€112,786 | -54.8% |
| Amounts receivable within one year | 40/41 | €4,215 | €22,289 | +€18,074 | +428.8% |
| Trade receivables | 40 | €3,979 | €11,519 | +€7,540 | +189.5% |
| Other amounts receivable | 41 | €236 | €10,770 | +€10,534 | +4463.6% |
| Cash at bank and in hand | 54/58 | €201,256 | €69,244 | -€132,012 | -65.6% |
| Deferred charges and accrued income | 490/1 | €476 | €1,628 | +€1,152 | +242.0% |
| Total equity and liabilities | 10/49 | €244,440 | €374,106 | +€129,666 | +53.0% |
| Equity | 10/15 | €212,478 | €212,606 | +€128 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €193,861 | €193,861 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Other | 1319 | €1,950 | €1,950 | = | 0.0% |
| Distributable reserves | 133 | €191,911 | €191,911 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17 | €145 | +€128 | +752.9% |
| Amounts payable | 17/49 | €31,962 | €161,500 | +€129,538 | +405.3% |
| Amounts payable after more than one year | 17 | €13,076 | €121,405 | +€108,329 | +828.5% |
| Financial debts | 170/4 | €13,076 | €121,405 | +€108,329 | +828.5% |
| Amounts payable within one year | 42/48 | €18,635 | €39,832 | +€21,197 | +113.7% |
| Current portion of amounts payable after more than one year | 42 | €7,444 | €29,171 | +€21,727 | +291.9% |
| Trade debts | 44 | €289 | €344 | +€55 | +19.0% |
| Suppliers | 440/4 | €289 | €344 | +€55 | +19.0% |
| Taxes, remuneration and social security | 45 | €5,129 | €2,599 | -€2,530 | -49.3% |
| Taxes | 450/3 | €2,241 | €2,599 | +€358 | +16.0% |
| Remuneration and social security | 454/9 | €2,888 | - | -€2,888 | |
| Other amounts payable | 47/48 | €5,773 | €7,718 | +€1,945 | +33.7% |
| Accrued charges and deferred income | 492/3 | €251 | €263 | +€12 | +4.8% |
| Remuneration, social security and pensions | 62 | €5,840 | €3,286 | -€2,554 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,702 | €82,387 | +€67,685 | +460.4% |
| Other operating charges | 640/8 | €10,795 | €11,011 | +€216 | +2.0% |
| Gross operating margin | 9900 | €78,590 | €102,269 | +€23,679 | +30.1% |
| Operating profit (loss) | 9901 | €47,253 | €5,585 | -€41,668 | -88.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,110 | €4,176 | +€3,066 | +276.2% |
| Recurring financial charges | 65 | €1,110 | €4,176 | +€3,066 | +276.2% |
| Profit (loss) for the period before taxes | 9903 | €46,145 | €1,409 | -€44,736 | -96.9% |
| Income taxes | 67/77 | €13,181 | €1,281 | -€11,900 | -90.3% |
| Profit (loss) for the period | 9904 | €32,964 | €128 | -€32,836 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,964 | €128 | -€32,836 | -99.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.