DUBAIL: 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.
DUBAIL
Largest movements
- Tangible fixed assets +€44,925
up €44,925 (+50.6%), from €88,820 to €133,745
of which Furniture and vehicles: +€62,079
- Stocks and contracts -€37,687
down €37,687 (-45.3%), from €83,155 to €45,468
- Receivables within one year -€6,953
down €6,953 (-18.9%), from €36,767 to €29,814
of which Trade receivables: -€5,845
- Cash -€3,581
down €3,581 (-3.7%), from €95,526 to €91,945
mainly Investment in fixed assets (net) (-€84,712) and Contributions, distributions and other (-€67,500)
- Reserves -€67,500
down €67,500 (-57.3%), from €117,860 to €50,360
of which Distributable reserves: -€67,500
- Other debts +€37,500
up €37,500 (+125%), from €30,000 to €67,500
- Debts after one year +€35,182
up €35,182 (+1,462%), from €2,407 to €37,590
- Profit (loss) carried forward -€7,923
down €7,923 (-6.3%), from €125,686 to €117,762
- Current portion of long-term debt -€6,513
down €6,513 (-35.6%), from €18,289 to €11,776
- Gross operating margin -€30,364
down €30,364 (-49.6%), from €61,222 to €30,857
- Staff costs -€8,641
down €8,641 (-98.1%), from €8,811 to €170
- Taxes -€4,182
down €4,182 (-95.9%), from €4,360 to €178
- Depreciation +€2,212
up €2,212 (+5.9%), from €37,575 to €39,787
- Financial income +€1,256
up €1,256 (+47.8%), from €2,627 to €3,883
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 | €308,549 | €305,857 | -€2,692 | -0.9% |
| Fixed assets | 21/28 | €88,820 | €133,745 | +€44,925 | +50.6% |
| Tangible fixed assets | 22/27 | €88,820 | €133,745 | +€44,925 | +50.6% |
| Land and buildings | 22 | €22,125 | €20,218 | -€1,907 | -8.6% |
| Plant, machinery and equipment | 23 | €43,618 | €28,371 | -€15,248 | -35.0% |
| Furniture and vehicles | 24 | €23,076 | €85,156 | +€62,079 | +269% |
| Current assets | 29/58 | €219,729 | €172,112 | -€47,617 | -21.7% |
| Stocks and contracts in progress | 3 | €83,155 | €45,468 | -€37,687 | -45.3% |
| Stocks | 30/36 | €83,155 | €45,468 | -€37,687 | -45.3% |
| Amounts receivable within one year | 40/41 | €36,767 | €29,814 | -€6,953 | -18.9% |
| Trade receivables | 40 | €18,156 | €12,312 | -€5,845 | -32.2% |
| Other amounts receivable | 41 | €18,611 | €17,503 | -€1,109 | -6.0% |
| Cash at bank and in hand | 54/58 | €95,526 | €91,945 | -€3,581 | -3.7% |
| Deferred charges and accrued income | 490/1 | €4,281 | €4,886 | +€604 | +14.1% |
| Total equity and liabilities | 10/49 | €308,549 | €305,857 | -€2,692 | -0.9% |
| Equity | 10/15 | €255,946 | €180,522 | -€75,423 | -29.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €117,860 | €50,360 | -€67,500 | -57.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €116,000 | €48,500 | -€67,500 | -58.2% |
| Profit (loss) carried forward | 14 | €125,686 | €117,762 | -€7,923 | -6.3% |
| Amounts payable | 17/49 | €52,604 | €125,335 | +€72,731 | +138% |
| Amounts payable after more than one year | 17 | €2,407 | €37,590 | +€35,182 | +1,462% |
| Financial debts | 170/4 | €2,407 | €37,590 | +€35,182 | +1,462% |
| Amounts payable within one year | 42/48 | €50,197 | €87,745 | +€37,548 | +74.8% |
| Current portion of amounts payable after more than one year | 42 | €18,289 | €11,776 | -€6,513 | -35.6% |
| Trade debts | 44 | €843 | €5,277 | +€4,434 | +526% |
| Suppliers | 440/4 | €843 | €5,277 | +€4,434 | +526% |
| Taxes, remuneration and social security | 45 | €1,065 | €3,193 | +€2,128 | +200% |
| Taxes | 450/3 | €3 | €3,193 | +€3,189 | +93,531% |
| Remuneration and social security | 454/9 | €1,062 | - | -€1,062 | |
| Other amounts payable | 47/48 | €30,000 | €67,500 | +€37,500 | +125% |
| Non-recurring operating income | 76A | - | €20,500 | +€20,500 | |
| Remuneration, social security and pensions | 62 | €8,811 | €170 | -€8,641 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,575 | €39,787 | +€2,212 | +5.9% |
| Other operating charges | 640/8 | €1,472 | €1,532 | +€60 | +4.0% |
| Gross operating margin | 9900 | €61,222 | €30,857 | -€30,364 | -49.6% |
| Operating profit (loss) | 9901 | €13,363 | -€10,631 | -€23,994 | |
| Financial income | 75/76B | €2,627 | €3,883 | +€1,256 | +47.8% |
| Recurring financial income | 75 | €2,627 | €3,883 | +€1,256 | +47.8% |
| Financial charges | 65/66B | €574 | €998 | +€424 | +73.9% |
| Recurring financial charges | 65 | €574 | €998 | +€424 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | €15,417 | -€7,745 | -€23,162 | |
| Income taxes | 67/77 | €4,360 | €178 | -€4,182 | -95.9% |
| Profit (loss) for the period | 9904 | €11,057 | -€7,923 | -€18,980 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,057 | -€7,923 | -€18,980 |
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 15 October 2026 via checked.be.