Dr DUB Manon: 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.
Dr DUB Manon
Largest movements
- Cash +€87,764
up €87,764 (+86.2%), from €101,766 to €189,530
mainly Net result for the year (+€109,561) and Trade debts (+€680)
- Receivables within one year +€15,217
up €15,217 (+27.0%), from €56,384 to €71,600
of which Other amounts receivable: +€15,195
- Profit (loss) carried forward +€109,561
up €109,561 (+98.0%), from €111,849 to €221,410
- Tax, wage and social debts -€3,758
down €3,758 (-10.4%), from €36,087 to €32,329
of which Remuneration and social security: -€3,000
- Gross operating margin -€3,989
down €3,989 (-2.7%), from €146,029 to €142,040
- Depreciation -€2,178
down €2,178 (-84.2%), from €2,586 to €408
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 | €158,150 | €264,632 | +€106,483 | +67.3% |
| Fixed assets | 21/28 | - | €2,069 | +€2,069 | |
| Tangible fixed assets | 22/27 | - | €2,069 | +€2,069 | |
| Furniture and vehicles | 24 | - | €2,069 | +€2,069 | |
| Current assets | 29/58 | €158,150 | €262,563 | +€104,414 | +66.0% |
| Amounts receivable within one year | 40/41 | €56,384 | €71,600 | +€15,217 | +27.0% |
| Trade receivables | 40 | €7,688 | €7,710 | +€22 | +0.3% |
| Other amounts receivable | 41 | €48,696 | €63,890 | +€15,195 | +31.2% |
| Cash at bank and in hand | 54/58 | €101,766 | €189,530 | +€87,764 | +86.2% |
| Deferred charges and accrued income | 490/1 | - | €1,433 | +€1,433 | |
| Total equity and liabilities | 10/49 | €158,150 | €264,632 | +€106,483 | +67.3% |
| Equity | 10/15 | €121,849 | €231,410 | +€109,561 | +89.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,849 | €221,410 | +€109,561 | +98.0% |
| Amounts payable | 17/49 | €36,301 | €33,222 | -€3,078 | -8.5% |
| Amounts payable within one year | 42/48 | €36,301 | €33,222 | -€3,078 | -8.5% |
| Trade debts | 44 | €213 | €894 | +€680 | +319% |
| Suppliers | 440/4 | €213 | €894 | +€680 | +319% |
| Taxes, remuneration and social security | 45 | €36,087 | €32,329 | -€3,758 | -10.4% |
| Taxes | 450/3 | €33,087 | €32,329 | -€758 | -2.3% |
| Remuneration and social security | 454/9 | €3,000 | €0 | -€3,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,586 | €408 | -€2,178 | -84.2% |
| Gross operating margin | 9900 | €146,029 | €142,040 | -€3,989 | -2.7% |
| Operating profit (loss) | 9901 | €143,443 | €141,632 | -€1,811 | -1.3% |
| Financial charges | 65/66B | €257 | €1,492 | +€1,236 | +481% |
| Recurring financial charges | 65 | €257 | €1,492 | +€1,236 | +481% |
| Profit (loss) for the period before taxes | 9903 | €143,186 | €140,139 | -€3,047 | -2.1% |
| Income taxes | 67/77 | €31,337 | €30,579 | -€758 | -2.4% |
| Profit (loss) for the period | 9904 | €111,849 | €109,561 | -€2,288 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €111,849 | €109,561 | -€2,288 | -2.0% |
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 23 October 2026 via checked.be.