DUBAIL HOLDING: 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.
What changed
DUBAIL HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,415
2024 · €7,215-€800
Equity
€4.0m
2024 · €4.0m+€6,415
Cash
€2,281
2024 · €5,507-€3,226
Balance sheet total
€5.4m
2024 · €6.2m-€723,554
Largest movements
Assets
- Receivables after one year -€650,000
no longer reported in 2025 (was €650,000)
- Deferred charges and accrued income -€70,419
down €70,419 (-99.6%), from €70,682 to €263
Equity and liabilities
- Debts after one year -€731,578
down €731,578 (-38.3%), from €1.9m to €1.2m
of which Other amounts payable: -€474,900
Income statement
- Financial income -€16,900
no longer reported in 2025 (was €16,900)
- Financial charges -€11,028
down €11,028 (-29.6%), from €37,209 to €26,181
- Services and other goods -€7,574
down €7,574 (-37.8%), from €20,025 to €12,451
- Taxes +€1,454
up €1,454 (+162%), from €895 to €2,349
- Other operating charges +€1,048
up €1,048 (+67.4%), from €1,556 to €2,604
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.
Result 2024
€7,215
Services and other goods
+€7,574
Other operating charges
-€1,048
Financial income
-€16,900
Financial charges
+€11,028
Taxes
-€1,454
Result 2025
€6,415
raises the resultlowers the result
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.
From operations
+€724,737
Investment
€0
Financing
-€727,962
Cash 2024
€5,507
From operations (derived)
+€724,737
Net result for the year
+€6,415
Receivables after one year
+€650,000
Receivables within one year
-€91
Deferred charges and accrued income
+€70,419
Trade debts
+€2,813
Tax, wage and social debts
+€2,524
Accrued charges and deferred income
-€7,344
Financing
-€727,962
Debts after one year
-€731,578
Current portion of long-term debt
+€3,616
Cash 2025
€2,281
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,166,081 | €5,442,527 | -€723,554 | -11.7% |
| Fixed assets | 21/28 | €5,387,633 | €5,387,633 | = | 0.0% |
| Financial fixed assets | 28 | €5,387,633 | €5,387,633 | = | 0.0% |
| Affiliated companies | 280/1 | €5,387,633 | €5,387,633 | = | 0.0% |
| Participating interests | 280 | €5,387,633 | €5,387,633 | = | 0.0% |
| Current assets | 29/58 | €778,448 | €54,894 | -€723,554 | -92.9% |
| Amounts receivable after more than one year | 29 | €650,000 | - | -€650,000 | |
| Other amounts receivable | 291 | €650,000 | - | -€650,000 | |
| Amounts receivable within one year | 40/41 | €52,259 | €52,350 | +€91 | +0.2% |
| Trade receivables | 40 | €46,300 | €52,350 | +€6,050 | +13.1% |
| Other amounts receivable | 41 | €5,959 | - | -€5,959 | |
| Cash at bank and in hand | 54/58 | €5,507 | €2,281 | -€3,226 | -58.6% |
| Deferred charges and accrued income | 490/1 | €70,682 | €263 | -€70,419 | -99.6% |
| Total equity and liabilities | 10/49 | €6,166,081 | €5,442,527 | -€723,554 | -11.7% |
| Equity | 10/15 | €3,975,589 | €3,982,004 | +€6,415 | +0.2% |
| Contributions | 10/11 | €3,750,000 | €3,750,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €225,089 | €231,504 | +€6,415 | +2.8% |
| Amounts payable | 17/49 | €2,190,492 | €1,460,523 | -€729,969 | -33.3% |
| Amounts payable after more than one year | 17 | €1,911,718 | €1,180,140 | -€731,578 | -38.3% |
| Financial debts | 170/4 | €936,863 | €680,186 | -€256,678 | -27.4% |
| Credit institutions | 173 | €936,863 | €680,186 | -€256,678 | -27.4% |
| Other amounts payable | 178/9 | €974,854 | €499,954 | -€474,900 | -48.7% |
| Amounts payable within one year | 42/48 | €261,308 | €270,261 | +€8,953 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €253,062 | €256,678 | +€3,616 | +1.4% |
| Trade debts | 44 | €6,046 | €8,859 | +€2,813 | +46.5% |
| Suppliers | 440/4 | €6,046 | €8,859 | +€2,813 | +46.5% |
| Taxes, remuneration and social security | 45 | €2,200 | €4,724 | +€2,524 | +115% |
| Taxes | 450/3 | €2,200 | €4,724 | +€2,524 | +115% |
| Accrued charges and deferred income | 492/3 | €17,467 | €10,123 | -€7,344 | -42.0% |
| Operating income | 70/76A | €50,000 | €50,000 | = | 0.0% |
| Turnover | 70 | €50,000 | €50,000 | = | 0.0% |
| Operating charges | 60/66A | €21,580 | €15,055 | -€6,525 | -30.2% |
| Services and other goods | 61 | €20,025 | €12,451 | -€7,574 | -37.8% |
| Other operating charges | 640/8 | €1,556 | €2,604 | +€1,048 | +67.4% |
| Operating profit (loss) | 9901 | €28,420 | €34,945 | +€6,525 | +23.0% |
| Financial income | 75/76B | €16,900 | - | -€16,900 | |
| Recurring financial income | 75 | €16,900 | - | -€16,900 | |
| Income from financial fixed assets | 750 | €16,900 | - | -€16,900 | |
| Financial charges | 65/66B | €37,209 | €26,181 | -€11,028 | -29.6% |
| Recurring financial charges | 65 | €37,209 | €26,181 | -€11,028 | -29.6% |
| Debt charges | 650 | €36,610 | €25,542 | -€11,068 | -30.2% |
| Other financial charges | 652/9 | €599 | €639 | +€40 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €8,110 | €8,764 | +€654 | +8.1% |
| Income taxes | 67/77 | €895 | €2,349 | +€1,454 | +162% |
| Taxes | 670/3 | €2,200 | €2,349 | +€149 | +6.8% |
| Tax adjustments and reversals of tax provisions | 77 | €1,305 | - | -€1,305 | |
| Profit (loss) for the period | 9904 | €7,215 | €6,415 | -€800 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,215 | €6,415 | -€800 | -11.1% |
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 20 October 2026 via checked.be.